516 E 4th St Laurel, DE 19956
Estimated Value: $128,000 - $216,000
2
Beds
2
Baths
1,248
Sq Ft
$131/Sq Ft
Est. Value
Highlights
- Deck
- Farmhouse Style Home
- Loft
- Wood Flooring
- Attic
- No HOA
About This Home
As of November 2022This quaint in-town home would make a perfect starter home or even a great rental investment! Home features new heating and air, new hot water heater, and new flooring and carpet throughout the entire house. Freshly painted interior, including the kitchen cabinets. Home features a spacious family room with beautiful hardwood floors, large dining room, and two roomy bedrooms. Newly stained back deck which looks onto this beautiful, peaceful backyard with a view of the woods and a small creek that runs in the neighbor's backyard. There is plenty of room in this ample backyard for children to play. Close to local restaurants. Enjoy the low DE property taxes. Home is 45 minutes to Rehoboth Beach, Lewes, Bethany Beach, and Ocean City, MD, also only about 15 minutes to Salisbury, MD which features plenty of shopping and restaurants. Property sold as-is. Don't miss out on this opportunity!
Last Agent to Sell the Property
Keller Williams Realty License #RA-0020424 Listed on: 06/03/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $693
Year Built
- Built in 1973
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 45.00 x 247.00
- Back Yard
- Property is zoned TN
Parking
- 1 Car Detached Garage
- 2 Driveway Spaces
- Front Facing Garage
- Shared Driveway
Home Design
- Farmhouse Style Home
- Vinyl Siding
Interior Spaces
- 1,248 Sq Ft Home
- Property has 2 Levels
- Crown Molding
- Window Screens
- Family Room
- Dining Room
- Loft
- Crawl Space
- Fire and Smoke Detector
- Attic
Kitchen
- Gas Oven or Range
- Range Hood
- Ice Maker
Flooring
- Wood
- Carpet
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Washer and Dryer Hookup
Outdoor Features
- Deck
- Porch
Location
- Flood Risk
Schools
- Laurel Intermediate School
- Laurel Middle School
- Laurel Senior High School
Utilities
- Central Air
- Heat Pump System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 332-01.07-272.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2022
Closed on
Nov 21, 2022
Sold by
Richardson James B
Bought by
Marcellus Luc S
Seller's Agent
Russell Griffin
Keller Williams Realty
Buyer's Agent
Heidi Penuel
Keller Williams Realty
List Price
$199,000
Sold Price
$162,000
Premium/Discount to List
-$37,000
-18.59%
Views
56
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,332
Avg. Annual Appreciation
0.32%
Original Mortgage
$159,065
Outstanding Balance
$155,170
Interest Rate
7.08%
Mortgage Type
FHA
Estimated Equity
$8,162
Purchase Details
Listed on
Jan 10, 2022
Closed on
Feb 18, 2022
Sold by
Sunset Valley Properties Llc
Bought by
Richardson James B and Riggin John N
Seller's Agent
GLENN FORNOFF
Iron Valley Real Estate at The Beach
Buyer's Agent
Amanda Hall
Keller Williams Realty
List Price
$129,900
Sold Price
$118,000
Premium/Discount to List
-$11,900
-9.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.74%
Original Mortgage
$100,300
Interest Rate
3.55%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 10, 2022
Closed on
Jan 3, 2022
Sold by
Dukes Jr Arthur R
Bought by
Sunset Valley Properties Llc
Seller's Agent
GLENN FORNOFF
Iron Valley Real Estate at The Beach
Buyer's Agent
Amanda Hall
Keller Williams Realty
List Price
$129,900
Sold Price
$118,000
Premium/Discount to List
-$11,900
-9.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,300
Interest Rate
3.55%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 22, 2014
Closed on
Mar 17, 2014
Sold by
The Patricia Engberg Revocable Trust
Bought by
Dukes Arthur R and Dukes Joyce M
Seller's Agent
FRAN RUARK
The Real Estate Market
Buyer's Agent
TINA MOORE
The Real Estate Market
List Price
$50,000
Sold Price
$50,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.44%
Similar Homes in Laurel, DE
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Marcellus Luc S | $162,000 | -- | |
| Richardson James B | $118,000 | None Listed On Document | |
| Sunset Valley Properties Llc | $70,000 | Mccartney & Owens Pa | |
| Dukes Arthur R | $50,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Marcellus Luc S | $159,065 | |
| Previous Owner | Richardson James B | $100,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/22/2022 11/22/22 | Sold | $162,000 | -2.4% | $130 / Sq Ft |
| 09/28/2022 09/28/22 | Pending | -- | -- | -- |
| 09/07/2022 09/07/22 | Price Changed | $165,900 | -7.3% | $133 / Sq Ft |
| 07/30/2022 07/30/22 | Price Changed | $179,000 | -3.7% | $143 / Sq Ft |
| 07/07/2022 07/07/22 | Price Changed | $185,900 | -6.6% | $149 / Sq Ft |
| 06/30/2022 06/30/22 | For Sale | $199,000 | 0.0% | $159 / Sq Ft |
| 06/06/2022 06/06/22 | Pending | -- | -- | -- |
| 06/03/2022 06/03/22 | For Sale | $199,000 | +68.6% | $159 / Sq Ft |
| 02/18/2022 02/18/22 | Sold | $118,000 | -9.2% | -- |
| 01/21/2022 01/21/22 | Pending | -- | -- | -- |
| 01/10/2022 01/10/22 | For Sale | $129,900 | +159.8% | -- |
| 03/17/2014 03/17/14 | Sold | $50,000 | 0.0% | $50,000 / Sq Ft |
| 02/20/2014 02/20/14 | Pending | -- | -- | -- |
| 01/22/2014 01/22/14 | For Sale | $50,000 | -- | $50,000 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $344 | $6,300 | $1,100 | $5,200 |
| 2023 | $390 | $6,300 | $1,100 | $5,200 |
| 2022 | $317 | $6,300 | $1,100 | $5,200 |
| 2021 | $314 | $6,300 | $1,100 | $5,200 |
| 2020 | $322 | $6,300 | $1,100 | $5,200 |
| 2019 | $323 | $6,300 | $1,100 | $5,200 |
| 2018 | $353 | $6,300 | $0 | $0 |
| 2017 | $342 | $6,300 | $0 | $0 |
| 2016 | $364 | $6,300 | $0 | $0 |
| 2015 | $314 | $6,300 | $0 | $0 |
| 2014 | $278 | $6,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Russell Griffin
Seller's Agent in 2022
Russell Griffin
Keller Williams Realty
(302) 745-1083
126 in this area
899 Total Sales
-
GLENN FORNOFF
Seller's Agent in 2022
GLENN FORNOFF
Iron Valley Real Estate at The Beach
(301) 787-6810
7 in this area
37 Total Sales
-
Heidi Penuel
Seller Co-Listing Agent in 2022
Heidi Penuel
Keller Williams Realty
(302) 258-5148
2 in this area
56 Total Sales
-
Amanda Hall
Buyer's Agent in 2022
Amanda Hall
Keller Williams Realty
(302) 841-1824
4 in this area
13 Total Sales
-
F
Seller's Agent in 2014
FRAN RUARK
The Real Estate Market
-
TINA MOORE
Buyer's Agent in 2014
TINA MOORE
The Real Estate Market
(302) 381-9882
15 in this area
43 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2022852
APN: 332-01.07-272.00
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