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109 Laurel Road

109 Laurel Road, Millsboro, DE 19966
Property in Sussex
Sold Apr 25, 2018
$153,000
$50,000 by Manufacturers & Traders Trust
Mortgage
Sold Jul 11, 2003
$120,000
109 Laurel Road in Millsboro, DE was first built in 1957 and is 67 years old. This has been categorized as a residential property type. It is a single story home. There is a 1 partial bathroom. 109 Laurel Road has 928 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 397 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 960 ft and the linear feet between the front and back of the lot is 1,950. In total, the area measurement of the land is 18,720 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of wood shake/ shingles. For those who need parking, there is a garage. The garage is 375 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a heating system and being fueled with nothing. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 109 Laurel Road sold most recently in Apr 19, 2018 for a total of $153,000. If you work out the math, that's approximately a cost of $164.87 per sqft. Before that, the property was also sold for $120,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $423 in taxes each year. 109 Laurel Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $9,950. If we break it down further, the land itself was valued at $2,400. Improvements to the property, however, were assessed at a total of $7,550. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 397
  • Garage Type: Garage
  • Garage Square Area: 375
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 18,720
  • Lot Size Depth Feet: 1,950
  • Lot Size Frontage Feet: 960
  • Total Building Area: 928
  • Building Area: 928
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Yes
  • Heated Square Feet: 928
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MILLSBORO
  • Land Acres: 0.43
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROBERT I HOUSTONS 2ND ADDN LOT 8 P/O LOTS 7 64 65

Ownership

  • Current Owner : BUCHANAN STEPHEN R
  • Previous Owner : BREEDING EVELYN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indian River School District
  • School Tax School District: INDIAN RIVER SD
  • Census Tract: 050603

Zoning

  • Zoning: TN

Geography

  • District: INDIAN RIVER
  • Parcel: 133-17.17-15.00
  • Lot: 7-8,64
  • Municipality: 19966
  • Latitude: 38.5853
  • Longitude: -75.2969

    Address

  • Full Address: 109 Laurel Rd
  • Address - House Number: 109
  • Address - Street Name: Laurel
  • Address - Suffix Type: Rd
  • State: DE
  • City Name: Millsboro
  • Carrier Code: R022
  • 4-Digit Zip Code: 1731
  • Zip Code: 19966

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $423

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $50,000
  • First Open Lien Mortgage Lender: MANUFACTURERS & TRADERS TRUST
  • First Open Lien Mortgage Recording Date: Oct 03, 2022
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $50,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $19,900
  • Market Land Value: $4,800
  • Market Improvement Value: $15,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,950
  • Assessed Land Value: $2,400
  • Assessed Improvements Value: $7,550

    Sales

  • Current Sale Contract Date: Apr 19, 2018
  • Current Sale Recording Date: Apr 25, 2018
  • Current Sale Transaction ID: 11490300613
  • Current Sale Price: $153,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 000000014658
  • Previous Sale Recording Date: Jul 11, 2003
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: M&T BANK NA
  • First Mortgage Transaction Date: Apr 25, 2018
  • First Mortgage Loan Amount: $150,228
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2048

About Millsboro



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Frequently Asked Questions

What neighborhood is 109 Laurel Road located in?
The 109 Laurel Road is a located in the neighborhood of Sussex in Millsboro, Millsboro.
What is the average sales price for listings in 109 Laurel Road?
The average sales price for units in 109 Laurel Road is $0 currently.

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