NOT LISTED FOR SALE

508 Center St Laurel, DE 19956

Estimated Value: $84,000 - $116,000

2 Beds
1 Bath
660 Sq Ft
$154/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $87,000 $132 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $528/month

84 Days on Market

Highlights

  • Rambler Architecture
  • Patio
  • Electric Baseboard Heater
  • No HOA

About This Home

As of May 2023

Property back in the market at NO FAULT to seller!! Property is rented on month to month basis, for $900 monthly. Tenants pay utilities. The renters would like to stay, if possible. Property being sold AS IS.

Last Agent to Sell the Property

Sonia Parker

Coldwell Banker Realty License #RS-0024360 Listed on: 02/22/2023

Coldwell Banker Realty

Last Buyer's Agent

Reyna Gil Ventura

Northrop Realty License #RS-0024498

Northrop Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $503

Year Built

  • Built in 1971

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 45.00 x 98.00
  • Back Yard Fenced
  • Property is zoned TN

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Blown-In Insulation
  • Vinyl Siding

Interior Spaces

  • 660 Sq Ft Home
  • Property has 1 Level
  • Crawl Space
  • Laundry on main level

Kitchen

  • Built-In Range
  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Window Unit Cooling System
  • Back Up Gas Heat Pump System
  • Heating System Powered By Owned Propane
  • Wall Furnace
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 432-08.06-229.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$503

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: West of Rt 13
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Stove, Microwave, Water Heater, Built-In Range, Refrigerator
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 660
  • Living Area Sq Ft: 660
  • Price Per Sq Ft: 143.94
  • Above Grade Finished Sq Ft: 660
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 508

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Blown-In Insulation
  • Exterior Features: Exterior Lighting
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric, Propane - Owned
  • Heating Type: Baseboard - Electric, Heat Pump - Gas Backup, Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector, Carbon Monoxide Detector(s)
  • 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: LAUREL
  • School District Key: 300200396897
  • School District Source: Listing Agent

Lot Info

  • Fencing: Fully, Rear
  • Land Use Code: 999
  • Lot Size Acres: 0.10
  • Lot Dimensions: 45.00 x 98.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4356.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2022
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Total Actual Rent: 10800.00
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 209.00
  • Tax Annual Amount: 503.00
  • Assessor Parcel Number: 432-08.06-229.01
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/31/2023

MLS Schools

  • School District Name: LAUREL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2023
Closed on
May 31, 2023
Sold by
Cobos Irais Sanchez
Bought by
Vasquez Serveriano Gil
Seller's Agent
Sonia Parker
Coldwell Banker Realty
Buyer's Agent
Reyna Gil Ventura
Northrop Realty
List Price
$99,000
Sold Price
$87,000
Premium/Discount to List
-$12,000
-12.12%
Views
352
Current Estimated Value
$93,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,269
Avg. Annual Appreciation
5.18%

Purchase Details

Listed on
Apr 1, 2021
Closed on
Jun 18, 2021
Sold by
Carter Suzette
Bought by
Cobo Irais S
Seller's Agent
Dustin Parker
The Parker Group
Buyer's Agent
Jim Madgey
Long & Foster Real Estate, Inc.
List Price
$55,000
Sold Price
$45,000
Premium/Discount to List
-$10,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.22%
Source: Public Records

Range of Values:

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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
Vasquez Serveriano Gil $87,000 None Listed On Document
Cobo Irais S $45,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $87,000 -8.4% $132 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
05/13/2023 05/13/23 Price Changed $95,000 -4.0% $144 / Sq Ft
02/22/2023 02/22/23 For Sale $99,000 +120.0% $150 / Sq Ft
06/18/2021 06/18/21 Sold $45,000 -18.2% $68 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $55,000 -- $83 / 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
2024 $231 $4,550 $300 $4,250
2023 $264 $4,550 $300 $4,250
2022 $229 $4,550 $300 $4,250
2021 $227 $4,550 $300 $4,250
2020 $233 $4,550 $300 $4,250
2019 $233 $4,550 $300 $4,250
2018 $255 $4,550 $0 $0
2017 $247 $4,550 $0 $0
2016 $263 $4,550 $0 $0
2015 $227 $4,550 $0 $0
2014 $201 $4,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sonia Parker

    Seller's Agent in 2023

    Sonia Parker

    Coldwell Banker Realty

    (302) 500-0721

    4 in this area

    57 Total Sales

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  • Reyna Gil Ventura

    Buyer's Agent in 2023

    Reyna Gil Ventura

    Creig Northrop Team of Long & Foster

    (302) 727-1882

    7 in this area

    74 Total Sales

    Section Image
  • Dustin Parker

    Seller's Agent in 2021

    Dustin Parker

    The Parker Group

    (302) 483-7688

    29 in this area

    826 Total Sales

    Section Image
  • Kate Lewis

    Seller Co-Listing Agent in 2021

    Kate Lewis

    Keller Williams Realty

    (302) 922-7572

    4 in this area

    68 Total Sales

    Section Image
  • Jim Madgey

    Buyer's Agent in 2021

    Jim Madgey

    Long & Foster

    (215) 292-8549

    1 in this area

    4 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: DESU2036612

Bright MLS

APN: 432-08.06-229.01

Delaware Sussex County Laurel 19956

508 Center St, Laurel, DE

This home is located at 508 Center St, Laurel, DE 19956 since 22 February 2023 and is currently estimated at $101,321, approximately $153 per square foot. This property was built in 1971. 508 Center St 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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