NOT LISTED FOR SALE

516 W 7th St Laurel, DE 19956

Estimated Value: $88,000 - $172,000

2 Beds
1 Bath
685 Sq Ft
$183/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $21,060 $31 Per Sq Ft

Est. 496% increase in value since last sale

Current estimated payment $712/month

14 Days on Market

Highlights

  • No HOA
  • Living Room
  • Doors swing in
  • Den
  • Bungalow

About This Home

As of August 2018

Two bedroom one bath home in town of Laurel , subject is a short drive to the ocean for the summer time fun.

Last Agent to Sell the Property

John Blake

Century 21 Harbor Realty Listed on: 06/27/2018

Last Buyer's Agent

RACHAEL CAREY

Iron Valley Real Estate at The Beach License #RS-0019947

Iron Valley Real Estate at The Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $149

Lot Details

  • 3,115 Sq Ft Lot
  • Cleared Lot

Home Design

  • Bungalow
  • Aluminum Siding

Interior Spaces

  • 685 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Den

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • On-Street Parking

Accessible Home Design

  • Doors swing in

Schools

  • Laurel Senior High School

Utilities

  • 100 Amp Service
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Laurel Subdivision

Listing and Financial Details

  • Tax Lot -229.00
  • Assessor Parcel Number 432-08.06-229.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$149

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Sussex De Quadrants: West of Rt 13
  • Accessibility Features: Doors - Swing In
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Remarks Public: Two bedroom one bath home in town of Laurel , subject is a short drive to the ocean for the summer time fun.
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Bedroom 2, Kitchen, Den, Bedroom 1, Bathroom 1
  • Basement: No
  • Total Sq Ft: 685
  • Living Area Sq Ft: 685
  • Price Per Sq Ft: 21.90
  • Above Grade Finished Sq Ft: 685
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 516

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: Aluminum Siding
  • Construction Completed: No
  • Spa: No
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 1200.00
  • Land Assessed Value: 2150.00
  • Lot Features: Cleared
  • Lot Size Acres: 0.07
  • Lot Dimensions: 35x89x07151A
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3115.00
  • Year Assessed: 2017
  • Zoning: Q
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5222145
  • School Tax: 137.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 149.00
  • Assessor Parcel Number: 432-08.06-229.00
  • Tax Lot: -229.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 08/30/2018

MLS Schools

  • School District Name: LAUREL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2018
Closed on
Sep 24, 2018
Sold by
Bank Of America Na
Bought by
Workmans Store Llc
Seller's Agent
John Blake
Century 21 Harbor Realty
Buyer's Agent
RACHAEL CAREY
Iron Valley Real Estate at The Beach
List Price
$15,000
Sold Price
$21,060
Premium/Discount to List
$6,060
40.4%
Current Estimated Value
$125,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,556
Avg. Annual Appreciation
27.55%

Purchase Details

Closed on
Nov 6, 2017
Sold by
Holloman James and Holloman Cora
Bought by
Bank Of America Na
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
Workmans Store Llc $21,060 --
Bank Of America Na -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2018 08/30/18 Sold $21,060 +40.4% $31 / Sq Ft
07/11/2018 07/11/18 Pending -- -- --
06/27/2018 06/27/18 For Sale $15,000 -- $22 / 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 $140 $2,750 $600 $2,150
2023 $160 $2,750 $600 $2,150
2022 $138 $2,750 $600 $2,150
2021 $137 $2,750 $600 $2,150
2020 $141 $2,750 $600 $2,150
2019 $141 $2,750 $600 $2,150
2018 $154 $2,750 $0 $0
2017 $149 $2,750 $0 $0
2016 -- $2,750 $0 $0
2015 -- $2,750 $0 $0
2014 -- $2,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Blake

    Seller's Agent in 2018

    John Blake

    Century 21 Harbor Realty

    Section Image
  • RACHAEL CAREY

    Buyer's Agent in 2018

    RACHAEL CAREY

    Iron Valley Real Estate at The Beach

    (302) 841-7760

    3 in this area

    22 Total Sales

    RACHAEL CAREY
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001949932

Bright MLS

APN: 432-08.06-229.00

Delaware Sussex County Laurel 19956

516 W 7th St, Laurel, DE

This home is located at 516 W 7th St, Laurel, DE 19956 since 27 June 2018 and is currently estimated at $125,616, approximately $183 per square foot. 516 W 7th 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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