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$99,900 Sale Pending
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Property Description
Investor Alert! Excellent opportunity to add a rental to your portfolio! This 3-bedroom, 1-bath home is located in town and offers the convenience of public water and sewer along with low town taxes. The property is being sold with a long-term tenant already in place, currently paying $525 per month, providing immediate rental income from day one.
Full Property Details
Full Property Details for 512 W 7th St
General
- Price: $99,900
- Taxes: $840 (2025)
- Status: Pending
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: DESU2115496
- Updated: 7/8/2026
- Added to Site: 5 day(s) ago
Interior
- Rooms/Areas: Living Room, Dining Room, Primary Bedroom, Kitchen, Additional Bedroom
- Interior Features: Carpet, Floor Plan - Traditional
- Appliances: Refrigerator, Oven/Range - Electric
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Upper Floor Baths: 1
- Upper - Full Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Upper: 3
Exterior
- Exterior Features: Outbuilding(s)
Parking
- Total Spaces: 1
- Parking Type: Off Street, Driveway
Location
- Area: Little Creek Hundred (31010)
- County: SUSSEX
- Driving Directions: Rt13N to W on 24, R on W 7th, House on L
- Direction Faces: North
- Location Details: Middle Of Block
- City Limits: Yes
School Information
- School District: Laurel
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available
Structural Information
- Architectural Style: Cape Cod
- Structure Type: Detached
- Construction: Stick Built, Vinyl Siding
- Foundation: Block
- Roof: Shingle, Asphalt
- Walls/Ceilings: Dry Wall
- Windows: Energy Efficient
- Doors: Insulated
- Stories Description: Upper 1
- Square Feet: 1,128
- Sq. Ft. Source: Estimated
- Living Area: 1,128 Sq. Ft.
- Finished Above Grnd: 1,128 Sq. Ft.
- Year Built: 1960
- Year Built Source: Estimated
- Property Condition: Average
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,792
- Lot Size Source: Assessor
- Lot Dimensions: 58.00 x 90.00
- Zoning: TN
Financial Considerations
- Price Per Sq. Ft.: $88.56
- Assessment Year: 2025
- School Tax: $363
- City/TownTax: $422
- City/TownTax Freq: Annually
- County Tax: $55
- County Tax Freq: Annually
- Tax Amount: $840
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 456
Disclosures and Reports
- Ownership: Fee Simple
Listed by Coldwell Banker Premier - Seaford, Lee Johnson
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Schools
Schools serving 512 W 7th St
School District:Laurel School District
| Name | Grades | Distance |
|---|---|---|
Laurel Elementary School, Laurel, DE 801 South Central Avenue, Laurel, DE 19956 | 1-5 | 0.7 mi |
North Laurel Elementary School 300 Wilson Street, Laurel, DE 19956 | PK-K | 1 mi |
Laurel Intermediate Middle School 1133 South Central Avenue, Laurel, DE 19956 | 6-8 | 0.9 mi |
Laurel Senior High School 1133 South Central Avenue, Laurel, DE 19956 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 512 W 7th St
Date
Details
Price
Change
Source
7/07/2026
Listed
$99,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 512 W 7th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$387
269%
$1,800
—
2023
$105
15%
$1,800
—
2022
$91
1%
$1,800
—
2021
$90
-2%
$1,800
—
2020
$92
—
$1,800
—
2019
$92
-9%
$1,800
—
2018
$101
3%
$1,800
—
2017
$98
-6%
$1,800
—
2016
$104
16%
$1,800
—
2015
$90
14%
$1,800
—
2014
$79
3%
$1,800
—
2013
$77
—
$1,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 512 W 7th St
512 W 7th Street, Laurel, DE 19956 (MLS# DESU2115496) is a Single Family property with 3 bedrooms and 1 full bathroom. 512 W 7th Street is currently listed for $99,900 and was received on July 07, 2026. Want to learn more about 512 W 7th Street? Do you have questions about finding other Single Family real estate for sale in Laurel? You can browse all Laurel real estate or contact a Coldwell Banker agent to request more information.

