$118,000
SOLD FEB 18, 2022

516 E 4th St Laurel, DE 19956

2 Beds
2 Baths
-- Sq Ft
0.25 Acres

Recently Sold

9% Below List Price

11 Days on Market

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating System
  • 1 Car Detached Garage

About This Home

As of November 2022

This two bedroom, two bath home is very centrally located in Laurel. A minor renovation would make this home a fine starter home or a great rental property. This home is being sold as is, come see and make an offer!!

Last Agent to Sell the Property

GLENN FORNOFF

Iron Valley Real Estate at The Beach Listed on: 01/10/2022

Iron Valley Real Estate at The Beach

Last Buyer's Agent

Amanda Hall

Keller Williams Realty License #5019199

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $314

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 45.00 x 247.00
  • Property is zoned TN

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Living Room
  • Crawl Space
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 332-01.07-272.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$314

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Sussex De Quadrants: West of Rt 13
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-01-11
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: This two bedroom, two bath home is very centrally located in Laurel. A minor renovation would make this home a fine starter home or a great rental property. This home is being sold as is, come see and make an offer!!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stove, Refrigerator
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Bathroom 1, Bathroom 2
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 516

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RS
  • Lot Size Acres: 0.25
  • Lot Dimensions: 45.00 x 247.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Year Assessed: 2021
  • Zoning: TN
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5186002
  • School Tax: 286.00
  • Tax Annual Amount: 314.00
  • Assessor Parcel Number: 332-01.07-272.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 02/18/2022

MLS Schools

  • School District Name: LAUREL

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
$176,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,286
Avg. Annual Appreciation
0.30%
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%
Source: Public Records

Similar Home in Laurel, DE

  • 12579 Whitesville Rd, Laurel, DE 19956

    $115,000

    • 3 Beds
    • 2 Baths
    • 1,443 Sq Ft
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    Nice 3 bedroom 2 bath single family living. Home has a nice fenced back yard. Screened porch for extra room. Buyers should do their own due diligence to measure property and confirm all information to their satisfaction including but not limited to schools, sizes, tax information.

    Lynette Bridges-Catha Hileman Real Estate Inc-Salisbury

    Section Image

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 Type Sale Price Title Company
Deed $162,000 --
Deed $118,000 None Listed On Document
Deed $70,000 Mccartney & Owens Pa
Deed $50,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $159,065 FHA
Previous Owner $100,300 New Conventional
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

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 $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

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Map

Source: Bright MLS

MLS Number: DESU2012738

Bright MLS

APN: 332-01.07-272.00