Sussex County property record for 5040 Morgans Way, Laurel, DE 19956
| Property Type | Residential Vacant Land |
|---|---|
| Lot Size | 1 acres (43,560 sqft) |
| Owner | Individual Name on File |
| Last Sale | $60,000 (Mar 2016) |
| Tax Bill | $258 (2026) |
| Flood Zone | Zone AE (high risk) |
| APN | 432-2.00-124.00 |
| Primary APN | 432-2.00-124.00 |
|---|
| Lot Area | 43,560 sqft (1 acres) |
|---|
| Street Address | 5040 MORGANS WAY |
|---|---|
| City | LAUREL |
| State | DE |
| Zip | 19956-3991 |
| Property Category | Residential |
| Property Type | Vacant Land > Residential |
| Local Zoning Code | AR-1 |
| Legal Description | CHERRYWALK WOODS III LOT 37 |
| Legal Subdivision | CHERRYWALK WOODS III |
| Legal Lot Number | 37 |
| Jurisdiction | SUSSEX DE |
| Township / Civil Division | LAUREL-DELMAR |
| Census Block Group | 4 |
| Census Block | 4024 |
| Census Tract | 51801 |
5040 Morgans Way, residential vacant land, is owned by an individual who bought it in March 2016.
Source: Sussex County records, as of September 18, 2026
| Owner of Record | Individual Name on File |
|---|---|
| Mailing Address | 5037 MORGANS WAY, LAUREL, DE 19956-3991 |
| Owner Type | Individual |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Mar 3, 2016 · Amount on File |
| Deed Sale | Mar 3, 2016 · Amount on File |
| Deed Document Number | 20166964 |
| Deed Book / Page | 4513 / 25 |
| Record Updated | Oct 29, 2026 |
The 2026 property tax bill for 5040 Morgans Way was $258, up 3.2% from the year before.
Source: Sussex County assessment roll, as of September 18, 2026
| Type | Name |
|---|---|
| State | Delaware |
| County | Sussex County |
| Unified School District | Laurel School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $258.00 (+3.2%) | $1,750 (-) Land $1,750 | $73,300 (-) Land $73,300 |
| 2025 | $250.00 | $1,750 Land $1,750 | $73,300 Land $73,300 |
| 2023 | $101.00 | $1,750 Land $1,750 | $3,500 Land $3,500 |
Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.
FEMA maps place 5040 Morgans Way in Zone AE, a high-risk flood area; flood insurance is required for federally backed loans.
Source: FEMA National Flood Hazard Layer, effective August 17, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone AE high risk |
|---|---|
| 100-Year Floodplain | Yes 1% annual chance |
| Floodway | No |
| Base Flood Elevation | 6.0 ft |
| Flood Insurance Requirement | Required federally backed loans |
| Flood Insurance Cost | Premium on File median of 11 policies |
| Nearby Flood Policies | 11 in force |
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
Wildfire risk around 5040 Morgans Way is moderate, ranking above 53% of the US, with a 0.1% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Moderate above 53% of the US · above 94% of Delaware |
|---|---|
| Wildfire Likelihood | 0.1% annual chance |
| Exposure | None beyond ember reach |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: FCC Broadband Data Collection, based on 4 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Xfinity Cable | 1,200 / 35 |
4G LTE (outdoors only), no 5G reported
Search by:
By searching, you agree to: Terms • Privacy • Disclosures