NOT LISTED FOR SALE

17725 Preakness Rd Milton, DE 19968

Estimated Value: $517,000 - $594,000

3 Beds
3 Baths
2,332 Sq Ft
$238/Sq Ft Est. Value

Sale Details

Date Sold: February 7, 2023

Last sale price $452,500 $194 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,063 / mo

About This Home

NOW AT NEW PRICE! - Beautiful contemporary nestled on a .77 acre lot in the desirable community of Bridlewood. Mature landscaping frames this single level home with an expansive paved driveway leading to the oversized side entry garage and a welcoming covered front porch. Ceiling heights up to 12’ make the home feel very open and airy inside. This meticulously maintained home features a family room with a cozy gas fireplace, vaulted and tray ceilings, expansive Palladian windows, stacked crown molding, and Bali blinds. You will find new carpet in the dining, living and family rooms. New carpet is also scheduled to be installed in all three bedrooms the first week of November. Enjoy preparing savory meals in the spacious Eat-In kitchen embellished with a cooktop, stainless steel appliances, a stone subway tile backsplash, expansive counter space, bi-level breakfast bar, a planning station, pull out drawers, and a great walk-in pantry. Some of the big-ticket appliances have recently been upgraded which include a New KitchenAid Wall Oven and Convection Microwave, and Dishwasher. The primary bedroom is a retreat with a deep tray ceiling, a separate sitting room, an ensuite bath with dual sink vanity, stall shower, a private water closet and a walk-in closet. Two additional nicely sized bedrooms and a full bath, with a Bath Fitter shower, powder room, and laundry room completes this home’s layout. Exterior highlights abound with a patio off the kitchen area and a large wrap-around deck. This location is a short drive to Broadkill and Lewes beaches, Sandhill Park and trails, downtown Milton and Dogfish Head Brewery, a local favorite! Don’t wait, make an appointment for a showing today!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2022
Closed on
Feb 7, 2023
Sold by
Weed Robert
Bought by
Jones Peter B
Seller's Agent
Nitan Soni
Northrop Realty
Buyer's Agent
Henry Jaffe
Monument Sotheby's International Realty
List Price
$495,000
Sold Price
$452,500
Premium/Discount to List
-$42,500
-8.59%
Views
187
Current Estimated Value
$556,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,547
Avg. Annual Appreciation
6.57%
Original Mortgage
$70,000
Outstanding Balance
$67,707
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$488,340

Purchase Details

Closed on
Apr 28, 2011
Bought by
Weed Robert and Weed Patricia Weed

Purchase Details

Closed on
Apr 25, 2011
Bought by
Weed Robert and Weed Patricia Weed
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Jones Peter B $452,500 --
Weed Robert $265,000 --
Weed Robert $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Peter B $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2023 02/07/23 Sold $452,500 -1.6% $194 / Sq Ft View Prior Sale
12/02/2022 12/02/22 Price Changed $460,000 -2.1% $197 / Sq Ft
11/17/2022 11/17/22 Price Changed $470,000 -5.1% $202 / Sq Ft
10/27/2022 10/27/22 For Sale $495,000 -- $212 / Sq Ft

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
2025 $1,012 $34,050 $2,500 $31,550
2024 $1,678 $34,050 $2,500 $31,550
2023 $1,677 $34,050 $2,500 $31,550
2022 $1,618 $34,050 $2,500 $31,550
2021 $1,603 $34,050 $2,500 $31,550
2020 $1,599 $34,050 $2,500 $31,550
2019 $1,601 $34,050 $2,500 $31,550
2018 $1,495 $34,050 $0 $0
2017 $1,432 $34,050 $0 $0
2016 $1,360 $34,050 $0 $0
2015 $1,300 $34,050 $0 $0
2014 $1,290 $34,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nitan Soni

    Seller's Agent in 2023

    Nitan Soni

    Creig Northrop Team of Long & Foster

    (302) 747-3333

    54 in this area

    187 Total Sales

    Nitan Soni
    Section Image
  • Greg Seger

    Seller Co-Listing Agent in 2023

    Greg Seger

    Creig Northrop Team of Long & Foster

    (302) 228-7060

    18 in this area

    57 Total Sales

    Greg Seger
    Section Image
  • Henry Jaffe

    Buyer's Agent in 2023

    Henry Jaffe

    OCEAN ATLANTIC SOTHEBYS

    (302) 296-6646

    5 in this area

    102 Total Sales

    Henry Jaffe
    Section Image
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Map

Delaware Sussex County Milton 19968

17725 Preakness Rd, Milton, DE

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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