NOT LISTED FOR SALE

517 W 8th St Laurel, DE 19956

Estimated Value: $235,000 - $259,000

2 Beds
1 Bath
1,008 Sq Ft
$248/Sq Ft Est. Value

Last Sold July 15, 2016

Last sale price $45,000 $45 Per Sq Ft

Est. 456% increase in value since last sale

Current estimated payment $1,469/month

184 Days on Market

Highlights

  • Rambler Architecture
  • No HOA
  • Baseboard Heating
  • Attic
  • Tile or Brick Flooring

About This Home

As of July 2016

Newly Reduced!! Good Investment Property or Great Starter Home!!!!!! 2 Bedroom, 1 Bath, Large Eat In Kitchen with Tile Flooring. Floored attic space for extra storage space, separate laundry room.BANK OWNED FORECLOSURE, PROPERTY SOLD AS-IS/WHERE IS, NO GUARANTEED OR WARRANTIES EXPRESSED OR IMPLIED!!!

Last Listed By

Richard Bennett

Coldwell Banker Premier - Seaford License #RA-0020883 Listed on: 10/05/2015

Coldwell Banker Premier - Seaford

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989

Lot Details

  • 0.29 Acre Lot
  • Zoning described as TOWN CODES

Parking

  • Dirt Driveway

Home Design

  • Rambler Architecture
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 1,008 Sq Ft Home
  • Property has 1 Level
  • Crawl Space
  • Attic

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 432-08.06-220.00

Home Details

Home Type

Single Family

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Rambler, Ranch/Rambler
  • Sussex De Quadrants: West of Rt 13
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1989
  • Remarks Public: Newly Reduced!! Good Investment Property or Great Starter Home!!!!!! 2 Bedroom, 1 Bath, Large Eat In Kitchen with Tile Flooring. Floored attic space for extra storage space, separate laundry room.BANK OWNED FORECLOSURE, PROPERTY SOLD AS-IS/WHERE IS, NO GUARANTEED OR WARRANTIES EXPRESSED OR IMPLIED!!!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Water Heater
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Attic
  • Fireplace: No
  • Foundation Details: Block, Crawl Space
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1008
  • Living Area Sq Ft: 1008
  • Net Sq Ft: 1008.00
  • Price Per Sq Ft: 52.48
  • Above Grade Finished Sq Ft: 1008
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 517

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Modular/Manufactured, Vinyl Siding
  • Construction Completed: Yes
  • Roof: Shingle, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Dirt Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: LAUREL
  • School District Key: 300200396897

Lot Info

  • Lot Size Acres: 0.29
  • Lot Size Units: Acres
  • Lot Sq Ft: 12632.00
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5222120
  • Tax Annual Amount: 852.00
  • Assessor Parcel Number: 432-08.06-220.00
  • County Tax Payment Frequency: Annually
  • Close Date: 07/15/2016

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: LAUREL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2019
Sold by
Schokley Gerald and Schockley Pamela
Bought by
Johnson Columbia and Johnson Angelia C
Total Days on Market
184
Current Estimated Value
$250,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,920
Outstanding Balance
$148,274
Interest Rate
4.1%
Mortgage Type
FHA
Estimated Equity
$96,665

Purchase Details

Closed on
Apr 14, 2016
Sold by
Bayview Loan Servicing Llc
Bought by
Shockley Gerald and Shockley Pamela

Purchase Details

Closed on
Aug 29, 2015
Sold by
Young Elmer and Newcomb Viletta D
Bought by
Bayview Loan Servicing Llc

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
Johnson Columbia $170,000 --
Shockley Gerald $45,000 None Available
Bayview Loan Servicing Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Columbia $166,920
Closed Johnson Columbia $6,676
Previous Owner Shockley Gerald $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2016 07/15/16 Sold $45,000 -30.7% $45 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
10/05/2015 10/05/15 For Sale $64,900 -- $64 / 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 $968 $12,750 $800 $11,950
2023 $1,100 $12,750 $800 $11,950
2022 $959 $12,750 $800 $11,950
2021 $951 $12,750 $800 $11,950
2020 $700 $12,750 $800 $11,950
2019 $702 $12,750 $800 $11,950
2018 $755 $12,750 $0 $0
2017 $692 $12,750 $0 $0
2016 $545 $9,450 $0 $0
2015 $471 $9,450 $0 $0
2014 $417 $9,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001010792

Bright MLS

APN: 432-08.06-220.00