NOT LISTED FOR SALE

523 W 7th St Laurel, DE 19956

Estimated Value: $150,000 - $215,000

3 Beds
1.5 Baths
1,032 Sq Ft
$176/Sq Ft Est. Value

Last Sold March 29, 2018

Last sale price $46,900 $45 Per Sq Ft

Est. 287% increase in value since last sale

Current estimated payment $1,060/month

40 Days on Market

Highlights

  • Deck
  • No HOA
  • Ceiling Fan
  • Rambler Architecture
  • Central Air
  • Carpet

About This Home

As of March 2018

3 bedroom 1.5 bathroom located in the Town limits of Laurel with all amenities of sewer and water. Close to shopping, restaurants and churches. Add your personal touches to make it your perfect home !

Last Listed By

Richard Bennett

Coldwell Banker Premier - Seaford License #RA-0020883 Listed on: 01/25/2018

Coldwell Banker Premier - Seaford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $635

Year Built

  • Built in 1994

Lot Details

  • 0.34 Acre Lot
  • Zoning described as AGRICULTURAL/RESIDENTIAL

Home Design

  • Rambler Architecture
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,032 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Dirt Driveway
  • On-Street Parking

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 432-08.06-295.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$635

Year Built

Built in 1994

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: 1994
  • Remarks Public: 3 bedroom 1.5 bathroom located in the Town limits of Laurel with all amenities of sewer and water. Close to shopping, restaurants and churches. Add your personal touches to make it your perfect home !
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring Type: Carpet
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Foundation Details: Slab
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1032
  • Living Area Sq Ft: 1032
  • Net Sq Ft: 1032.00
  • Price Per Sq Ft: 48.35
  • Above Grade Finished Sq Ft: 1032
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 523

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Outbuilding(s)
  • 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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • 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: 0.34
  • Lot Size Area: 14850
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14850.00
  • Outdoor Living Structures: Deck(s)
  • Zoning Description: AGRICULTURAL/RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5222240
  • Assessor Parcel Number: 432-08.06-295.00
  • County Tax Payment Frequency: Annually
  • Close Date: 03/29/2018

MLS Schools

  • School District Name: LAUREL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2021
Sold by
Ricos Rentals Llc
Bought by
Mejia-Velasquez Gilver I and Magaly-Perez Sandy
Total Days on Market
40
Current Estimated Value
$181,470

Purchase Details

Listed on
Jan 25, 2018
Closed on
May 18, 2018
Sold by
Fnma
Bought by
Rico S Rentals Llc
Seller's Agent
Richard Bennett
Coldwell Banker Premier - Seaford
Buyer's Agent
RACHAEL CAREY
Iron Valley Real Estate at The Beach
List Price
$58,500
Sold Price
$46,900
Premium/Discount to List
-$11,600
-19.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.38%

Purchase Details

Closed on
Nov 28, 2017
Sold by
Lee Robert T
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 3, 1993
Bought by
Banks Betty M Hrs

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
Mejia-Velasquez Gilver I $128,000 None Available
Rico S Rentals Llc -- --
Federal National Mortgage Association $54,000 --
Banks Betty M Hrs -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2018 03/29/18 Sold $46,900 -6.0% $45 / Sq Ft
03/06/2018 03/06/18 Pending -- -- --
02/28/2018 02/28/18 Price Changed $49,900 -14.7% $48 / Sq Ft
01/25/2018 01/25/18 For Sale $58,500 -- $57 / 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 $635 $11,550 $1,300 $10,250
2023 $719 $11,550 $1,300 $10,250
2022 $629 $11,550 $1,300 $10,250
2021 $624 $11,550 $1,300 $10,250
2020 $590 $11,550 $1,300 $10,250
2019 $592 $11,550 $1,300 $10,250
2018 $647 $11,550 $0 $0
2017 $627 $11,550 $0 $0
2016 $666 $11,550 $0 $0
2015 $575 $11,550 $0 $0
2014 $558 $11,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Richard Bennett

    Seller's Agent in 2018

    Richard Bennett

    Coldwell Banker Premier - Seaford

    (302) 228-1760

    6 in this area

    59 Total Sales

    Richard Bennett
    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

    23 Total Sales

    RACHAEL CAREY
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001035754

Bright MLS

APN: 432-08.06-295.00

Delaware Sussex County Laurel 19956

523 W 7th St, Laurel, DE

Homes for Sale in Laurel, DE

This home is located at 523 W 7th St, Laurel, DE 19956 since 25 January 2018 and is currently estimated at $181,470, approximately $175 per square foot. This property was built in 1994. 523 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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