NOT LISTED FOR SALE

506 King St Laurel, DE 19956

Estimated Value: $168,049 - $233,000

2 Beds
1 Bath
638 Sq Ft
$295/Sq Ft Est. Value

Last Sold August 29, 2018

Last sale price $40,000 $63 Per Sq Ft

Est. 371% increase in value since last sale

Current estimated payment $1,032/month

33 Days on Market

Highlights

  • Colonial Architecture
  • 3 Car Detached Garage
  • Enclosed Patio or Porch
  • No HOA

About This Home

As of August 2018

Investor alert! Home in need of repairs on 0.26 acre, large detached 3 car garage. Call today to schedule your showing!

Last Agent to Sell the Property

Robert Arlett

(302) 375-5039 admin@weichertbeachbound.com Weichert, Realtors - Beach Bound License #RB-0020829 Listed on: 07/04/2018

Last Buyer's Agent

Roger Moore

roger@c21hometeam.com Century 21 Home Team Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1893

Lot Details

  • 0.26

Parking

  • 3 Car Detached Garage

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shingle Siding

Interior Spaces

  • 638 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Enclosed Patio or Porch
  • 0.26 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot -318.00
  • Assessor Parcel Number 332-01.07-318.00

Home Details

Home Type

Single Family

Year Built

Built in 1893

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Sussex De Quadrants: West of Rt 13
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Upper 1
  • Federal Flood Zone: No
  • Year Built: 1893
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 638
  • Living Area Sq Ft: 638
  • Price Per Sq Ft: 93.89
  • Above Grade Finished Sq Ft: 638
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Shingle Siding
  • Construction Completed: No
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Lot Size Acres: 0.26
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11247.00
  • Outdoor Living Structures: Enclosed
  • Zoning: Q
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5186053
  • School Tax: 294.00
  • Tax Annual Amount: 720.00
  • Assessor Parcel Number: 332-01.07-318.00
  • Tax Lot: -318.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: LAUREL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2018
Closed on
Aug 24, 2018
Sold by
Honradez Investment Group
Bought by
Wood-Hastings Angela and Hastings John R
Seller's Agent
Robert Arlett
Weichert, Realtors - Beach Bound
Buyer's Agent
Roger Moore
Century 21 Home Team Realty
List Price
$59,900
Sold Price
$40,000
Premium/Discount to List
-$19,900
-33.22%
Current Estimated Value
$188,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,512
Avg. Annual Appreciation
23.48%

Purchase Details

Closed on
Apr 10, 2018
Sold by
Hsbc Bank Usa Na Tr
Bought by
Honradez Investment Group

Purchase Details

Closed on
Sep 27, 2016
Sold by
Lee Robert T
Bought by
Hsbc Bank Usa National Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wood-Hastings Angela $40,000 --
Honradez Investment Group $23,480 --
Hsbc Bank Usa National Association $41,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2018 08/29/18 Sold $40,000 -33.2% $63 / Sq Ft
08/06/2018 08/06/18 Pending -- -- --
07/04/2018 07/04/18 For Sale $59,900 -- $94 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $562 $5,900 $1,500 $4,400
2024 $348 $5,900 $1,500 $4,400
2023 $391 $5,900 $1,500 $4,400
2022 $345 $5,900 $1,500 $4,400
2021 $343 $5,900 $1,500 $4,400
2020 $350 $5,900 $1,500 $4,400
2019 $351 $5,900 $1,500 $4,400
2018 $331 $5,900 $0 $0
2017 $320 $5,900 $0 $0
2016 $365 $5,900 $0 $0
2015 $318 $5,900 $0 $0
2014 $285 $5,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001983518

Bright MLS

APN: 332-01.07-318.00