NOT LISTED FOR SALE

1602 S Bay Shore Dr Milton, DE 19968

Estimated Value: $1,038,000 - $1,123,000

4 Beds
3 Baths
2,240 Sq Ft
$483/Sq Ft Est. Value

Last Sold September 22, 2016

Last sale price $625,000 $279 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $6,089/month

69 Days on Market

Highlights

  • Beach
  • Water Access
  • Coastal Architecture
  • H.O. Brittingham Elementary School Rated A-
  • Bay View
  • Deck

About This Home

As of September 2016

Waterfront home situated on rare DOUBLE lot on Broadkill Beach. Take in amazing views of the Delaware Bay from your living room and multiple bedrooms. Unobstructed views of the Prime Hook Wildlife Refuge just across the street with its gorgeous nightly sunsets are also yours from this great location. Private walkway to the beach. Move right in, or bring your vision to make it yours. 4 bedrooms plus bonus room, huge screened porch with removable screen panels. Hurricane shutters, metal roof with lifetime guarantee, workshop area under home. New 4 bedroom septic system.

Last Agent to Sell the Property

Laurie Bronstein

Berkshire Hathaway HomeServices PenFed Realty Listed on: 05/26/2016

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Laurie Bronstein

Berkshire Hathaway HomeServices PenFed Realty Listed on: 05/26/2016

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,311

Year Built

  • Built in 1992

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 100x100
  • Zoning described as GENERAL RESIDENTIAL

Home Design

  • Coastal Architecture
  • Metal Roof
  • Vinyl Siding
  • Modular or Manufactured Materials
  • Piling Construction

Interior Spaces

  • 2,240 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Window Screens
  • Combination Kitchen and Dining Room
  • Bay Views
  • Storm Doors

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • Stone Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Property near a bay
  • Deck

Location

  • Flood Risk

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Low Pressure Pipe
  • Mound Septic

Listing and Financial Details

  • Assessor Parcel Number 235-10.06-21.00

Community Details

Overview

  • No Home Owners Association
  • Broadkill Beach Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,311

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1992
  • Remarks Public: Waterfront home situated on rare DOUBLE lot on Broadkill Beach. Take in amazing views of the Delaware Bay from your living room and multiple bedrooms. Unobstructed views of the Prime Hook Wildlife Refuge just across the street with its gorgeous nightly sunsets are also yours from this great location. Private walkway to the beach. Move right in, or bring your vision to make it yours. 4 bedrooms plus bonus room, huge screened porch with removable screen panels. Hurricane shutters, metal roof with lifetime guarantee, workshop area under home. New 4 bedroom septic system.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Breakfast Area, Kitchen - Eat-In, Combination Kitchen/Dining, Ceiling Fan(s)
  • Window Features: Screens
  • Fireplace: No
  • Door Features: Storm
  • Foundation Details: Pilings
  • Level Count: 2
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2240
  • Living Area Sq Ft: 2240
  • Net Sq Ft: 2240.00
  • Price Per Sq Ft: 294.20
  • Above Grade Finished Sq Ft: 2240
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1602

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Modular/Manufactured, Vinyl Siding
  • Construction Completed: Yes
  • Roof: Metal
  • View: Bay
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Stone Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Heat Pump(s), Zoned
  • Heating Type: Forced Air, Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Low Pressure Pipe (LPP), Mound System
  • Water Sewer Expenses: 325.00
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Area: 10000
  • Lot Dimensions: 100x100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Outdoor Living Structures: Deck(s)
  • Zoning Description: GENERAL RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5169724
  • Assessor Parcel Number: 235-10.06-21.00
  • County Tax Payment Frequency: Annually
  • Close Date: 09/22/2016

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2016
Closed on
Sep 22, 2016
Sold by
Kinhart David H and Kinhart Debra E
Bought by
Miller Steven and Yang Tianxia
Seller's Agent
Laurie Bronstein
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Laurie Bronstein
Berkshire Hathaway HomeServices PenFed Realty
List Price
$699,000
Sold Price
$625,000
Premium/Discount to List
-$74,000
-10.59%
Current Estimated Value
$1,082,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,732
Avg. Annual Appreciation
5.26%
Original Mortgage
$225,000
Outstanding Balance
$111,777
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$872,920
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Miller Steven $625,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Steven $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2016 09/22/16 Sold $625,000 -10.6% $279 / Sq Ft
08/03/2016 08/03/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $699,000 -- $312 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $1,311 $26,600 $7,500 $19,100
2023 $1,310 $26,600 $7,500 $19,100
2022 $1,264 $26,600 $7,500 $19,100
2021 $1,253 $26,600 $7,500 $19,100
2020 $1,249 $26,600 $7,500 $19,100
2019 $1,251 $26,600 $7,500 $19,100
2018 $1,168 $26,600 $0 $0
2017 $1,119 $26,600 $0 $0
2016 $1,001 $25,050 $0 $0
2015 $956 $25,050 $0 $0
2014 $949 $25,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001017878

Bright MLS

APN: 235-10.06-21.00