NOT LISTED FOR SALE

5063 Morgans Way Laurel, DE 19956

Laurel Area

Estimated Value: $520,343

1.01 Acres
$515,191 Price per Acre
43,996 Sq Ft Lot

Sale Details

Date Sold: May 27, 2021

Last sale price $79,900

Est. 551% increase in value since last sale

Current estimated payment $2,948 / mo

387 Days on Market

About This Lot

As of May 2021

Get ready to build! Here's your chance to purchase a beautiful lot in prestigious Cherry Walk Woods near Bethel. The standard pressure dose septic system is already installed (see attached), and there is no builder tie-in.

Last Agent to Sell the Property

Randy Hill

(302) 877-8100 randy@realestatemarket.pro The Real Estate Market License #RS-0017062 Listed on: 03/23/2020

Last Buyer's Agent

Lee Johnson

(302) 629-5575 ljohnson@cbanker.com Coldwell Banker Premier - Seaford License #RB-00030964

Coldwell Banker Premier - Seaford
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Property Details

Property Type

  • Land

Lot Details

  • 1.01 Acre Lot
  • Lot Dimensions are 158 x 242 x 150 x 290
  • Wooded Lot
  • Property is zoned AR-1 287

HOA Fees

  • $25 Monthly HOA Fees

Utilities

  • Pressure Dose
  • Septic Tank

Community Details

  • Cherry Walk Woods Subdivision

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 432-02.00-112.00

Property Details

Property Type

Land

Lot Details

1.01 Acres

HOA Fees

$25 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: West of Rt 13
  • Ownership: Fee Simple
  • Current Use: Vacant
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 1.93

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Septic Exists, Pressure Dose

Condo/Co-op/Association

  • HOA Fees: 300.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Features: Trees/Wooded
  • Lot Size Acres: 1.01
  • Lot Dimensions: 158 x 242 x 150 x 290
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43996.00
  • Zoning: AR-1 287
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5220819
  • School Tax: 82.00
  • Tax Annual Amount: 90.00
  • Assessor Parcel Number: 432-02.00-112.00
  • Tax Lot: 25
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: LAUREL

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
May 3, 2021
Sold by
Equity T Co
Bought by
Seller's Agent
Randy Hill
The Real Estate Market
Buyer's Agent
Lee Johnson
Coldwell Banker Premier - Seaford
List Price
$75,000
Sold Price
$79,900
Premium/Discount to List
$4,900
6.53%
Current Estimated Value
$520,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440,443
Avg. Annual Appreciation
42.13%
Original Mortgage
$59,925
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2017
Sold by
Rev Trust Agreement Of Jerry C Dukes Dat
Bought by
Equity Trust Company Custodian Fbo Kenda
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Laurel, DE

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$79,900 None Available
Equity Trust Company Custodian Fbo Kenda -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $476,732
Closed Rebman Steven T $464,000
Closed Rebman Steven $59,925
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/27/2021 05/27/21 Sold $79,900 -5.9% --
04/14/2021 04/14/21 Pending -- -- --
02/08/2021 02/08/21 Price Changed $84,900 +13.2% --
03/23/2020 03/23/20 For Sale $75,000 -- --
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,946 $1,750 $1,750 $0
2025 $1,888 $1,750 $1,750 $0
2024 $1,478 $1,750 $1,750 $0
2023 $1,664 $1,750 $1,750 $0
2022 $88 $1,750 $1,750 $0
2021 $87 $1,750 $1,750 $0
2020 $89 $1,750 $1,750 $0
2019 $90 $1,750 $1,750 $0
2018 $98 $1,750 $0 $0
2017 $95 $1,750 $0 $0
2016 $101 $1,750 $0 $0
2015 $87 $1,750 $0 $0
2014 $77 $1,750 $0 $0
Source: Public Records

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Map

Source: Bright MLS

MLS Number: DESU158604

Bright MLS

APN: 432-02.00-112.00

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