NOT LISTED FOR SALE

5542 Watson Rd Laurel, DE 19956

Estimated Value: $498,000 - $1,056,000

3 Beds
2 Baths
2,018 Sq Ft
$414/Sq Ft Est. Value

Last Sold June 07, 2023

Last sale price $935,000 $463 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $5,120/month

96 Days on Market

Highlights

  • 10.02 Acre Lot
  • Corner Lot
  • Stainless Steel Appliances
  • Attic
  • No HOA
  • Porch

About This Home

As of June 2023

Price improvement to this stellar poultry farm!

So, you want to get into the Poultry Business??? Look no further!!! This farm has an active contract in good standing with Mountaire and is in excellent working condition. There are 2-42x500 Houses built in 1995 as well as 2-50x500 houses built in 2005.

Numerous upgrades have been made over the last 5 years including Tunnel Doors, Stir Fans, Outside Main Breaker Disconnects just to mention a few. Choretime Feeders are in all houses with 2 Houses of Valco and Ziggity Drinkers each. Radiant Tube Heaters are in all house and there are sufficient Tunnel Fans to meet integrator specs already in place. A 105 KW Generator with minimal hours and Transfer Switches help make this a turnkey farm. There is a Manure Shed and additional Storage Building that convey with the farm as well. Besides all the farm equipment an adorable Rancher also conveys with the property.

Now let's talk about the adorable rancher. Getting into the poultry business often means a not so well kept quarters that aren't fit for you and your people. In this property you will get a lovely 3 bedroom, 2 bathroom one floor living home that screams "Welcome HOME!".

The eat in kitchen has tons of sunlight with a breakfast bar and pass through that offers even more seating. Entering the family room from the kitchen, you will have access to the back patio also gleaming with tons of natural light from all the windows. In the living room you will notice the vaulted ceilings and comfort of a living area that is spacious and cozy.

There is a primary bedroom with plenty of closet space, a private bathroom with a soaking tub and separate shower. The bathroom also has storage. Both of the other two bedrooms also offer walk in closets. There is no shortage of storage space in this home.

The sellers have done many upgrades to the home over the past 5 years to include flooring, HVAC, well maintained crawl space and other personal touches to make it the perfect place to live. The hot water heater was replaced less than a month ago as well.

Last Listed By

Talane Hastings

Coldwell Banker Realty License #RS-0025644 Listed on: 12/12/2022

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,838

Year Built

  • Built in 1995

Lot Details

  • 10.02 Acre Lot
  • Rural Setting
  • Corner Lot
  • Property is zoned AR-1

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Side Facing Garage

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,018 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Crawl Space
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed
  • Porch

Farming

  • Poultry Farm

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Well
  • Propane Water Heater
  • Water Conditioner is Owned
  • On Site Septic
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot -47.00
  • Assessor Parcel Number 432-06.00-47.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,838

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Type: Farm
  • Structure Type: Detached
  • Sussex De Quadrants: West of Rt 13
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-12-12
  • Federal Flood Zone: No
  • Year Built: 1995
  • Automatically Close On Close Date: No
  • Remarks Public: Price improvement to this stellar poultry farm! So, you want to get into the Poultry Business??? Look no further!!! This farm has an active contract in good standing with Mountaire and is in excellent working condition. There are 2-42x500 Houses built in 1995 as well as 2-50x500 houses built in 2005. Numerous upgrades have been made over the last 5 years including Tunnel Doors, Stir Fans, Outside Main Breaker Disconnects just to mention a few. Choretime Feeders are in all houses with 2 Houses of Valco and Ziggity Drinkers each. Radiant Tube Heaters are in all house and there are sufficient Tunnel Fans to meet integrator specs already in place. A 105 KW Generator with minimal hours and Transfer Switches help make this a turnkey farm. There is a Manure Shed and additional Storage Building that convey with the farm as well. Besides all the farm equipment an adorable Rancher also conveys with the property. Now let's talk about the adorable rancher. Getting into the poultry business often means a not so well kept quarters that aren't fit for you and your people. In this property you will get a lovely 3 bedroom, 2 bathroom one floor living home that screams "Welcome HOME!". The eat in kitchen has tons of sunlight with a breakfast bar and pass through that offers even more seating. Entering the family room from the kitchen, you will have access to the back patio also gleaming with tons of natural light from all the windows. In the living room you will notice the vaulted ceilings and comfort of a living area that is spacious and cozy. There is a primary bedroom with plenty of closet space, a private bathroom with a soaking tub and separate shower. The bathroom also has storage. Both of the other two bedrooms also offer walk in closets. There is no shortage of storage space in this home. The sellers have done many upgrades to the home over the past 5 years to include flooring, HVAC, well maintained crawl space and other personal touches to make it the perfect place to live. The hot water heater was replaced less than a month ago as well.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Conditioner - Owned, Water Heater
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Attic, Kitchen - Eat-In, Ceiling Fan(s)
  • Fireplace: No
  • Foundation Details: Block, Crawl Space
  • Levels Count: 1
  • Room List: Primary Bedroom
  • Basement: No
  • Total Sq Ft: 2018
  • Living Area Sq Ft: 2018
  • Price Per Sq Ft: 495.54
  • Above Grade Finished Sq Ft: 2018
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5542

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Poultry House
  • Construction Materials: Frame
  • Roof: Shingle, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 14
  • Type Of Parking: Attached Garage, Driveway, Off Street
  • Number of Spaces in Driveway: 2
  • Off Street Parking Spaces: 10

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Septic Exists, On Site Septic
  • Utilities: Water Available, Cable Tv Available, Propane
  • Water Source: Well

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

  • Horses: No
  • Crops Included: No
  • Farm Features: Poultry Amenities, Shed(s)
  • Farm Land Area Units: Acres
  • Farm Operation: Poultry
  • Improvement Assessed Value: 2200.00
  • Land Assessed Value: 113900.00
  • Land Use Code: 999
  • Lot Features: Corner, Rural
  • Lot Size Acres: 10.02
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 436471.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2022
  • Zoning: AR-1
  • Farmland Preservation: No
  • In City Limits: No
  • Poultry Farm Features: House Type - A-Frame

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5221509
  • School Tax: 5321.00
  • Tax Annual Amount: 5838.00
  • Assessor Parcel Number: 432-06.00-47.00
  • Tax Lot: -47.00
  • Tax Total Finished Sq Ft: 2018
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/07/2023

MLS Schools

  • School District Name: LAUREL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2022
Closed on
Jun 7, 2023
Sold by
Kilchs Koop Llc
Bought by
Al-Tayyib Farm Llc
Seller's Agent
Talane Hastings
Coldwell Banker Realty
Buyer's Agent
Nick Campanaro
The Land Group
List Price
$1,350,000
Sold Price
$935,000
Premium/Discount to List
-$415,000
-30.74%
Total Days on Market
96
Views
194
Current Estimated Value
$835,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$99,934
Avg. Annual Appreciation
-5.75%
Original Mortgage
$72,000
Outstanding Balance
$70,464
Interest Rate
6.43%
Estimated Equity
$764,602

Purchase Details

Listed on
Jan 5, 2017
Closed on
Nov 30, 2017
Sold by
Yim Myongnak and Yim Joy T
Bought by
Kilchs Koop Llc
Seller's Agent
Tracy Peoples
Northrop Realty
Buyer's Agent
Tracy Peoples
Northrop Realty
List Price
$1,350,000
Sold Price
$1,125,000
Premium/Discount to List
-$225,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.30%
Original Mortgage
$849,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

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
Al-Tayyib Farm Llc $935,000 None Listed On Document
Kilchs Koop Llc $1,125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Al-Tayyib Farm Llc $72,000
Open Al-Tayyib Farm Llc $748,000
Previous Owner Kilchs Koop Llc $849,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2023 06/07/23 Sold $935,000 -6.5% $463 / Sq Ft
03/13/2023 03/13/23 Price Changed $1,000,000 -20.0% $496 / Sq Ft
02/10/2023 02/10/23 Price Changed $1,250,000 -7.4% $619 / Sq Ft
12/12/2022 12/12/22 For Sale $1,350,000 0.0% $669 / Sq Ft
11/23/2022 11/23/22 Price Changed $1,350,000 +20.0% $669 / Sq Ft
11/29/2017 11/29/17 Sold $1,125,000 -16.7% --
01/05/2017 01/05/17 For Sale $1,350,000 -- --
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 $5,896 $116,100 $2,200 $113,900
2023 $6,744 $116,100 $2,200 $113,900
2022 $5,838 $116,100 $2,200 $113,900
2021 $5,788 $116,100 $2,200 $113,900
2020 $5,933 $116,100 $2,200 $113,900
2019 $5,952 $116,100 $2,200 $113,900
2018 $6,505 $116,100 $0 $0
2017 $6,350 $116,100 $0 $0
2016 $6,748 $116,100 $0 $0
2015 $5,829 $116,100 $0 $0
2014 $5,173 $116,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: DESU2032750

Bright MLS

APN: 432-06.00-47.00