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Sussex 19956
5583 BROAD DR
$470,000
● House - Off Market

5583 BROAD DR

LAUREL, DE 19956
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,200 Ft²
$2,627
Est. Monthly

About This Property

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!
Unit Size
2,200 Ft²
Days on Market
5 days
Land Size
0.74 acres
Price per sqft
$243
Property Type
House
Property Taxes
$107
HOA Dues
-
Year Built
1967

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Last updated: 2 years ago (Bright MLS #DESU2072794)

Price History

Date / Event Date Event Price
Feb 3, 2025 Sold
Sold
Nov 25, 2024 In contract -
In contract
Nov 22, 2024 Price Decreased $535,000
↓ $34K (6%)
Price Decreased
Nov 9, 2024 Price Decreased $569,000
↓ $31K (5.2%)
Price Decreased
Oct 18, 2024 Listed by Berkshire Hathaway HomeServices PenFed Realty $599,900
Listed by Berkshire Hathaway HomeServices PenFed Realty

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 13
  • Floor Count: 200
  • Floor Cover: 11
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 1,072
  • Parking Space Count: 5
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,551
  • Lot Size Depth Feet: 1,970
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 2,780
  • Gross Building Area: 1,636
  • Building Area: 2,780
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 24
  • Heated Square Feet: 2,780
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WHITE RIVER ESTATES
  • Land Acres: 0000000678
  • Standard Land Use Code: 1001
  • County Land Use Code: RS
  • Legal Description 1: WHITE RIVER ESTATES LOT 5 SEC A

Neighborhood

  • School District Name: Laurel School District
  • School Tax School District: LAUREL SD
  • Census Tract: 051801

Zoning

  • Zoning: AR-1

Geography

  • District: LAUREL
  • Section: A
  • Parcel: 432-2.00-10.00
  • Lot: 5
  • Municipality: LITTLE CREEK HUNDRED
  • Latitude: 38.5678
  • Longitude: -75.6529

    Address

  • Full Address: 5583 Broad Dr
  • Address - House Number: 5583
  • Address - Street Name: Broad
  • Address - Suffix Type: Dr
  • State: DE
  • City Name: Laurel
  • Carrier Code: R005
  • 4-Digit Zip Code: 3234
  • Zip Code: 19956

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $99,673

    Appraisal Valuation

  • Standard Deviation: 0.2273
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 68
  • Final Value: 411,976
  • High Value: 505,643
  • Low Value: 318,309

    Market Valuation

  • Market Total Value: $50,700
  • Market Land Value: $6,000
  • Market Improvement Value: $44,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,350
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $22,350
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 5583 Broad Drive built and last sold?
The property at 5583 Broad Drive was built in 1967 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5583 Broad Drive is $540,350.
What are some comparable homes to 5583 Broad Drive?
There are currently no comparable homes to 5583 Broad Drive.