NOT LISTED FOR SALE

530 W 7th St Laurel, DE 19956

Estimated Value: $220,000 - $264,000

3 Beds
1 Bath
1,100 Sq Ft
$218/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $169,500 $154 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,301/month

3 Days on Market

Highlights

  • Rambler Architecture
  • Central Air
  • Heat Pump System
  • No HOA
  • Property is in excellent condition

About This Home

As of December 2020

Fully renovated - this property will not last long! It features a brand new roof, a new heat pump, new flooring, new kitchen cabinets, new countertops, all new appliances, new plumbing, a new bathroom and much more. This charming rancher is situated in town Laurel is move in ready and is offering 3 bedrooms and 1 bathroom. Entertaining friends and family is a breeze in the newly renovated kitchen or out on the beautiful deck. Whether you're a first time home buyer, or simply looking to downgrade, this home offers simplicity and affordability. A brand new asphalt driveway will be installed before closing. Being fully renovated and offered at this price, it is sure to go quick. Schedule your private tour today!

Last Agent to Sell the Property

Tyler Nicholls

(302) 423-1848 reftyler@yahoo.com Iron Valley Real Estate Premier License #rs-0023081 Listed on: 10/03/2020

Iron Valley Real Estate Premier

Co-Listed By

Dustin Parker

(302) 483-7688 clientcare@theparkergroup.com The Parker Group License #672690

Last Buyer's Agent

Christine Nibblett

(443) 944-3508 cnibblett@gmail.com.com Keller Williams Realty License #RS-0024980

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $498

Year Built

  • Built in 1980 | Remodeled in 2020

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 80.00 x 97.00
  • Property is in excellent condition
  • Property is zoned TN

Home Design

  • Rambler Architecture
  • Architectural Shingle Roof
  • Modular or Manufactured Materials

Interior Spaces

  • 1,100 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Schools

  • North Laurel Elementary School
  • Laurel Middle School
  • Laurel Senior High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 432-08.06-228.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$498

Year Built

Built in 1980 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: West of Rt 13
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1980
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1100
  • Living Area Sq Ft: 1100
  • Price Per Sq Ft: 145.36
  • Above Grade Finished Sq Ft: 1100
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: Modular/Manufactured
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: NORTH LAUREL
  • High School: LAUREL SENIOR
  • Middle Or Junior School: LAUREL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Lot Size Acres: 0.17
  • Lot Dimensions: 80.00 x 97.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.00
  • Property Condition: Excellent
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5222134
  • School Tax: 455.00
  • Tax Annual Amount: 498.00
  • Assessor Parcel Number: 432-08.06-228.00
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: LAUREL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2020
Closed on
Nov 30, 2020
Sold by
Collins Bowers Invs Llc
Bought by
Lee-Randall Alysha
Seller's Agent
Tyler Nicholls
Iron Valley Real Estate Premier
Buyer's Agent
Christine Nibblett
Keller Williams Realty
List Price
$159,900
Sold Price
$169,500
Premium/Discount to List
$9,600
6%
Current Estimated Value
$239,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,979
Avg. Annual Appreciation
7.20%
Original Mortgage
$166,429
Outstanding Balance
$148,171
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$91,308

Purchase Details

Closed on
Jan 26, 2018
Sold by
Bowers Group Llc
Bought by
Collins Bowers Investment

Purchase Details

Closed on
Jan 17, 2018
Sold by
Nationstar Mortgage Llc
Bought by
Bowers Group Llc

Purchase Details

Closed on
Oct 25, 2017
Sold by
Lee Robert
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Apr 18, 1997
Bought by
Cromwell Lavonda E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lee-Randall Alysha $169,500 None Available
Collins Bowers Investment -- --
Bowers Group Llc $33,250 --
Nationstar Mortgage Llc $37,000 --
Cromwell Lavonda E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee-Randall Alysha $166,429
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold $169,500 +6.0% $154 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
10/03/2020 10/03/20 For Sale $159,900 -- $145 / 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
2025 $493 $9,750 $450 $9,300
2024 $495 $9,750 $450 $9,300
2023 $566 $9,750 $450 $9,300
2022 $490 $9,750 $450 $9,300
2021 $486 $9,750 $450 $9,300
2020 $498 $9,750 $450 $9,300
2019 $500 $9,750 $450 $9,300
2018 $546 $9,750 $0 $0
2017 $529 $9,750 $0 $0
2016 $587 $9,750 $0 $0
2015 $510 $9,750 $0 $0
2014 $455 $9,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU170614

Bright MLS

APN: 432-08.06-228.00