$470,000
SOLD FEB 3, 2025

5583 Broad Dr Laurel, DE 19956

5 Beds
2 Baths
2,200 Sq Ft
0.74 Acres

Recently Sold

$214 Per Sq Ft

22% Below List Price

37 Days on Market

Highlights

  • 167 Feet of Waterfront
  • Access to Tidal Water
  • Second Garage
  • 1 Dock Slip
  • Fishing Allowed
  • River View

About This Home

As of February 2025

RARE WATERFRONT OPPORTUNITY IN WHITE RIVER ESTATES! Opportunity to acquire a waterfront home on almost a full acre of land. Perched high on a ridge overlooking the Nanticoke River. Offering expansive views to the north and the south. A premium lot with the second home ever built in the community. Having nearly 2200 sq ft of heated living space, this spacious Colonial offers 2 levels with 5 bedrooms; two of which are on the lower level that have the potential to be converted into one large ensuite. On the second level, the primary bedroom offers a large & private sunroom overlooking the river. Add a closet and a private bathroom for an ensuite! The second bedroom overlooks the spacious front yard, with room to add a closet. The third bedroom offers views of the river and has two large closets. Additional highlights include hardwood flooring, light-filled 4-season room that's an ideal spot to enjoy waterfront dining with room to fit a 10 person table, an eat-in kitchen with wood cabinets and a large pantry, and more.

Outside, a large deck offers water views and cooling natural shade from several mature trees. The attached 2-car garage with an overhead storage area with workbenches and cabinets for outdoor projects, as well as an attached carport for more covered parking. Rounding out the exterior is a large pole building to store your RV, boat, yard equipment or car collection. Large driveway for when family and friends visit offers plenty of parking. The front porch invites plenty of space for rocking chairs to enjoy the evening breezes and fabulous sunsets. The yard offers mature trees, bedding areas and shrubs. Enjoy relaxing walks in the yard down to the dock. Seize this rarely available opportunity to live on the water and start making memories that will last a lifetime!

Last Agent to Sell the Property

Lee Ann Wilkinson

(302) 278-6726 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 10/18/2024

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

William Brown

(302) 381-4513 bill.brown@brighthomegroupllc.com Keller Williams Realty License #22503

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,287

Year Built

  • Built in 1967

Lot Details

  • 0.74 Acre Lot
  • Lot Dimensions are 150.00 x 196.56 x 167.9 x 188.61
  • 167 Feet of Waterfront
  • Home fronts navigable water
  • Landscaped
  • Private Lot
  • Premium Lot
  • Back and Front Yard
  • Property is zoned AR-1

Parking

  • 3 Garage Spaces | 2 Direct Access and 1 Detached
  • 4 Driveway Spaces
  • 1 Attached Carport Space
  • Second Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage

Property Views

  • River
  • Woods
  • Garden

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,200 Sq Ft Home
  • Property has 2 Levels
  • Paneling
  • Ceiling Fan
  • Skylights
  • Living Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Sun or Florida Room
  • Crawl Space

Kitchen

  • Country Kitchen
  • Electric Oven or Range
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • River Nearby
  • Sun Deck
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • Deck
  • Outbuilding
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Water Heater
  • Septic Tank
  • Sewer Holding Tank

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 432-02.00-10.00

Community Details

Overview

  • No Home Owners Association
  • White River Estates Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,287

Year Built

Built in 1967

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Sussex De Quadrants: West of Rt 13
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1967
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Range Hood, Refrigerator, Water Heater
  • Flooring Type: Hardwood, Laminated, Carpet
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Kitchen - Country, Pantry, Skylight(s), Wood Floors
  • Fireplace: No
  • Wall Ceiling Types: Paneled Walls
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Kitchen, Sun/Florida Room, Office, Full Bath, Additional Bedroom
  • Basement: No
  • Total Sq Ft: 2200
  • Living Area Sq Ft: 2200
  • Price Per Sq Ft: 243.18
  • Above Grade Finished Sq Ft: 2200
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: 2nd Garage
  • Construction Materials: Frame, Vinyl Siding, Stick Built
  • Exterior Features: Outbuilding(s)
  • Roof: Shingle
  • View: Garden/Lawn, Trees/Woods, River
  • Water Access Features: Canoe/Kayak, Fishing Allowed
  • Water Access: Yes
  • Water Body Name: Broad Creek
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 167

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Inside Access, Additional Storage Area
  • Attached Carport Spaces: 1
  • Attached Garage Spaces: 2
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Attached Carport, Detached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Holding Tank, Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Premium, Private, Rear Yard, Landscaping, Front Yard
  • Lot Size Acres: 0.74
  • Lot Dimensions: 150.00 x 196.56 x 167.9 x 188.61
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 32042.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1175.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1287.00
  • Assessor Parcel Number: 432-02.00-10.00
  • Tax Lot: 5
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: LAUREL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2024
Closed on
Feb 3, 2025
Sold by
June W Vanvorst Revocable Trust and Knowles Renee I
Bought by
Webster Paul B and Webster Elizabeth D
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
William Brown
Keller Williams Realty
List Price
$599,900
Sold Price
$470,000
Premium/Discount to List
-$129,900
-21.65%
Views
169
Current Estimated Value
$493,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,377
Avg. Annual Appreciation
5.95%

Purchase Details

Closed on
Nov 1, 2022
Sold by
Vanvorst June W
Bought by
June W Vanvorst Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $470,000 None Listed On Document
Deed -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2025 02/03/25 Sold $470,000 -12.1% $214 / Sq Ft
11/24/2024 11/24/24 Pending -- -- --
11/22/2024 11/22/24 Price Changed $535,000 -6.0% $243 / Sq Ft
11/09/2024 11/09/24 Price Changed $569,000 -5.2% $259 / Sq Ft
10/18/2024 10/18/24 For Sale $599,900 -- $273 / 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 $1,500 $25,350 $3,000 $22,350
2024 $1,312 $25,350 $3,000 $22,350
2023 $997 $25,350 $3,000 $22,350
2022 $799 $25,350 $3,000 $22,350
2021 $888 $25,350 $3,000 $22,350
2020 $920 $25,350 $3,000 $22,350
2019 $924 $25,350 $3,000 $22,350
2018 $1,045 $25,350 $0 $0
2017 $1,000 $25,350 $0 $0
2016 $987 $25,350 $0 $0
2015 $786 $25,350 $0 $0
2014 $663 $25,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2072794

Bright MLS

APN: 432-02.00-10.00