NOT LISTED FOR SALE

5073 Morgans Way Laurel, DE 19956

Estimated Value: $481,000 - $567,000

3 Beds
2.5 Baths
2,300 Sq Ft
$221/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $397,000 $173 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,849/month

Highlights

  • Open Floorplan
  • Main Floor Bedroom
  • Corner Lot
  • Wood Flooring
  • Attic
  • Upgraded Countertops

About This Home

As of September 2020

On a large corner lot in the desirable community of Cheery Walk Woods, just a very short drive to the Nanticoke River, this beautiful home features a welcoming foyer with a tray ceiling, an open floor plan, formal dining room, kitchen with SS appliances, tile backlash, granite, pantry and breakfast bar, breakfast room, living room with gas fireplace, master bedroom with tray ceiling, walk in closet and attach bathroom with tile shower and double sinks, sun room/office/playroom, mudroom/drop zone, laundry room with storage and half bath, finished bonus room, unfinished walk in storage space that could be finished for even more living space, alarm system, paver patio, front porch, storage shed, lawn irrigation, attached garage and paved driveway!

Last Agent to Sell the Property

Pamela Price

(302) 846-0200 pamprice@remax.net Berkshire Hathaway HomeServices PenFed Realty - OP Listed on: 06/04/2020

Berkshire Hathaway HomeServices PenFed Realty - OP

Last Buyer's Agent

Pamela Price

(302) 846-0200 pamprice@remax.net Berkshire Hathaway HomeServices PenFed Realty - OP Listed on: 06/04/2020

Berkshire Hathaway HomeServices PenFed Realty - OP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,548

Year Built

  • Built in 2015

Lot Details

  • 1 Acre Lot
  • Corner Lot
  • Sprinkler System
  • Property is zoned AR-1

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Side Facing Garage

Home Design

  • Stick Built Home

Interior Spaces

  • 2,300 Sq Ft Home
  • Property has 1.5 Levels
  • Open Floorplan
  • Crown Molding
  • Recessed Lighting
  • Gas Fireplace
  • Window Screens
  • Formal Dining Room
  • Wood Flooring
  • Home Security System
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Instant Hot Water

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outbuilding
  • Porch

Utilities

  • Central Air
  • Back Up Gas Heat Pump System
  • Heating System Powered By Owned Propane
  • Well
  • Tankless Water Heater
  • Pressure Dose
  • Gravity Septic Field

Community Details

  • Cherry Walk Woods Subdivision

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 432-02.00-110.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,548

Year Built

Built in 2015

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Sussex De Quadrants: Between Rt 113 & 13
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2015
  • Automatically Close On Close Date: No
  • Remarks Public: On a large corner lot in the desirable community of Cheery Walk Woods, just a very short drive to the Nanticoke River, this beautiful home features a welcoming foyer with a tray ceiling, an open floor plan, formal dining room, kitchen with SS appliances, tile backlash, granite, pantry and breakfast bar, breakfast room, living room with gas fireplace, master bedroom with tray ceiling, walk in closet and attach bathroom with tile shower and double sinks, sun room/office/playroom, mudroom/drop zone, laundry room with storage and half bath, finished bonus room, unfinished walk in storage space that could be finished for even more living space, alarm system, paver patio, front porch, storage shed, lawn irrigation, attached garage and paved driveway!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Stainless Steel Appliances, Refrigerator, Oven/Range - Electric, Oven - Double, Water Heater - Tankless, Dryer, Washer
  • Flooring Type: Wood
  • Interior Amenities: Attic, Breakfast Area, Crown Moldings, Entry Level Bedroom, Floor Plan - Open, Formal/Separate Dining Room, Primary Bath(s), Pantry, Recessed Lighting, Soaking Tub, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1.5
  • Basement: No
  • Total Sq Ft: 2300
  • Living Area Sq Ft: 2300
  • Price Per Sq Ft: 173.87
  • Above Grade Finished Sq Ft: 2300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5073

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Exterior Features: Outbuilding(s), Underground Lawn Sprinkler
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Propane - Owned
  • Heating Type: Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: Instant Hot Water
  • Security: Security System
  • Sewer/Septic System: Gravity Sept Fld, Pressure Dose
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: LAUREL
  • School District Key: 300200396897
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 28550.00
  • Land Assessed Value: 1750.00
  • Land Use Code: RS
  • Lot Features: Corner
  • Lot Size Acres: 1.00
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Year Assessed: 2020
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5220817
  • School Tax: 1413.00
  • Tax Annual Amount: 1548.00
  • Assessor Parcel Number: 432-02.00-110.00
  • Tax Lot: 23
  • Tax Total Finished Sq Ft: 1619
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2020
  • Close Date: 09/25/2020

MLS Schools

  • School District Name: LAUREL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2020
Closed on
Sep 25, 2020
Sold by
Sheridan Mark E and Sheridan Penny J
Bought by
Dunn Michael C
Seller's Agent
Pamela Price
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Pamela Price
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$399,900
Sold Price
$397,000
Premium/Discount to List
-$2,900
-0.73%
Current Estimated Value
$508,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,689
Avg. Annual Appreciation
5.05%
Original Mortgage
$377,150
Outstanding Balance
$335,455
Interest Rate
2.9%
Estimated Equity
$173,234
Source: Public Records

Range of Values:

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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
Dunn Michael C $397,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunn Michael C $377,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2020 09/25/20 Sold $397,000 -0.7% $173 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $399,900 -- $174 / 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 $1,519 $30,300 $1,750 $28,550
2024 $1,563 $30,300 $1,750 $28,550
2023 $1,784 $30,300 $1,750 $28,550
2022 $1,548 $30,300 $1,750 $28,550
2021 $1,535 $30,300 $1,750 $28,550
2020 $1,597 $30,300 $1,750 $28,550
2019 $1,602 $30,300 $1,750 $28,550
2018 $1,746 $30,300 $0 $0
2017 $1,645 $30,300 $0 $0
2016 $1,797 $30,300 $0 $0
2015 $87 $1,750 $0 $0
2014 $77 $1,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pamela Price

    Seller's Agent in 2020

    Pamela Price

    Berkshire Hathaway HomeServices PenFed Realty - OP

    (302) 846-0200

    102 in this area

    533 Total Sales

    Pamela Price
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Map

Source: Bright MLS

MLS Number: DESU161900

Bright MLS

APN: 432-02.00-110.00

Delaware Sussex County Laurel 19956

5073 Morgans Way, Laurel, DE

This home is located at 5073 Morgans Way, Laurel, DE 19956 since 04 June 2020 and is currently estimated at $508,689, approximately $221 per square foot. This property was built in 2015. 5073 Morgans Way is a home located in Sussex County with nearby schools including North Laurel Elementary School, Laurel Elementary School, and Laurel Intermediate Middle School.

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