$75,000
SOLD OCT 5, 2022

607 W 7th St Laurel, DE 19956

2 Beds
1 Bath
940 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$80 Per Sq Ft

17% Below List Price

24 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Living Room
  • Main Floor Bedroom
  • Eat-In Kitchen
  • Bungalow

About This Home

As of December 2023

Investment Opportunity! Ready to Provide You With Positive Cash Flow With A Longtime Tenant or Could Be Your New Residence! Easily Maintainable 2BR Home Near Schools Right on the Edge of Town! Ready For New Owner!!!

Last Agent to Sell the Property

Lee Johnson

Coldwell Banker Premier - Seaford License #RB-00030964

Coldwell Banker Premier - Seaford

Last Buyer's Agent

Frank Hornstein

McWilliams/Ballard, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $621

Year Built

  • Built in 1930

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40.00 x 100.00
  • Infill Lot
  • South Facing Home
  • Back Yard
  • Property is in average condition
  • Property is zoned TN

Home Design

  • Bungalow
  • Block Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Asphalt Roof
  • Aluminum Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 940 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Parking

  • 4 Parking Spaces
  • 2 Driveway Spaces

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 84
  • Assessor Parcel Number 432-08.05-15.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$621

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Sussex De Quadrants: West of Rt 13
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Investment Opportunity! Ready to Provide You With Positive Cash Flow With A Longtime Tenant or Could Be Your New Residence! Easily Maintainable 2BR Home Near Schools Right on the Edge of Town! Ready For New Owner!!!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator, Water Heater
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior Amenities: Kitchen - Eat-In, Entry Level Bedroom
  • Fireplace: No
  • Foundation Details: Block, Crawl Space
  • Levels Count: 1
  • Room Count: 4
  • Room List: Living Room, Primary Bedroom, Kitchen, Additional Bedroom
  • Basement: No
  • Total Sq Ft: 940
  • Living Area Sq Ft: 940
  • Price Per Sq Ft: 95.64
  • Above Grade Finished Sq Ft: 940
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 607

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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: Stick Built, Aluminum Siding, Vinyl Siding
  • Roof: Architectural Shingle, Shingle, Asphalt
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street, Driveway
  • Number of Spaces in Driveway: 2
  • Off Street Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: LAUREL
  • School District Key: 300200396897
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Land Use Code: RS
  • Lot Features: Rear Yard
  • Lot Size Acres: 0.09
  • Lot Dimensions: 40.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3920.00
  • Property Condition: Average
  • Year Assessed: 2021
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5221891
  • School Tax: 170.00
  • Tax Annual Amount: 621.00
  • Assessor Parcel Number: 432-08.05-15.01
  • Tax Lot: 84
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 10/05/2022

MLS Schools

  • School District Name: LAUREL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2023
Closed on
Dec 15, 2023
Sold by
Velasquez Moises
Bought by
Sussex Cutler Sales Llc
Seller's Agent
Zach Zdradzinski
Keller Williams Realty
Buyer's Agent
Richard Polite
Keller Williams Realty
List Price
$99,999
Sold Price
$90,000
Premium/Discount to List
-$9,999
-10%
Total Days on Market
24
Views
490
Current Estimated Value
$100,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,163
Avg. Annual Appreciation
8.00%

Purchase Details

Listed on
Jul 29, 2022
Closed on
Sep 30, 2022
Sold by
Coulbourne James F
Bought by
Velasquez Moises
Seller's Agent
Lee Johnson
Coldwell Banker Premier - Seaford
Buyer's Agent
Frank Hornstein
McWilliams/Ballard, Inc.
List Price
$89,900
Sold Price
$75,000
Premium/Discount to List
-$14,900
-16.57%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.26%

Map

Range of Values:

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Average Value
Not Available
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 $90,000 None Listed On Document
Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $84,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Rented $1,195 0.0% --
04/01/2024 04/01/24 Price Changed $1,195 -7.7% $1 / Sq Ft
03/26/2024 03/26/24 Price Changed $1,295 -7.5% $1 / Sq Ft
03/13/2024 03/13/24 For Rent $1,400 0.0% --
12/19/2023 12/19/23 Sold $90,000 -10.0% $96 / Sq Ft
12/04/2023 12/04/23 Pending -- -- --
11/30/2023 11/30/23 For Sale $99,999 0.0% $106 / Sq Ft
11/12/2023 11/12/23 Pending -- -- --
08/31/2023 08/31/23 Price Changed $99,999 0.0% $106 / Sq Ft
08/31/2023 08/31/23 For Sale $99,999 -1.5% $106 / Sq Ft
08/16/2023 08/16/23 Price Changed $101,500 +1.5% $108 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
07/25/2023 07/25/23 For Sale $99,999 +33.3% $106 / Sq Ft
10/05/2022 10/05/22 Sold $75,000 -16.6% $80 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $89,900 -- $96 / Sq Ft
Source: Bright MLS

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 $190 $3,750 $400 $3,350
2023 $218 $3,750 $400 $3,350
2022 $189 $3,750 $400 $3,350
2021 $187 $3,750 $400 $3,350
2020 $192 $3,750 $400 $3,350
2019 $192 $3,750 $400 $3,350
2018 $210 $3,750 $0 $0
2017 $204 $3,750 $0 $0
2016 $216 $3,750 $0 $0
2015 $187 $3,750 $0 $0
2014 $166 $3,750 $0 $0
Source: Public Records

Source: Bright MLS

MLS Number: DESU2026400

Bright MLS

APN: 432-08.05-15.01