NOT LISTED FOR SALE

18588 Cool Spring Rd Milton, DE 19968

Estimated Value: $436,000 - $647,382

3 Beds
2 Baths
1,992 Sq Ft
$256/Sq Ft Est. Value

Last Sold August 16, 2022

Last sale price $580,000 $291 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $3,014/month

46 Days on Market

Highlights

  • A-Frame Home
  • Wood Flooring
  • No HOA
  • Love Creek Elementary School Rated A
  • Main Floor Bedroom
  • Stainless Steel Appliances

About This Home

As of August 2022

This multi-unit property is located in the desirable Cool Spring area - just minutes to the beach and resort areas but nestled among farms and rural estates. There is easy access to the walking/bike trail to Lewes and Rehoboth Beach. The recently renovated rancher comes complete with a Carriage House featuring a full kitchen, bathroom, living quarters, workshop, and multi-functional space. The main home also features two seperate gathering spaces as well as a deck that opens to a beautifully landscaped rear yard. All together, this property features over 3,500 sq ft in living space with NO HOA.

Don't miss an opportunity to spend your summers at the beach and winters by the home's wood burning fireplace, recently updated along with a brand new roof. The four season landscaping will also give you something to enjoy while taking in the surrounding country views. For more information on this unique, multi-generational opportunity

Last Agent to Sell the Property

Deniene Dailey

Dailey Dailey Real Estate Listed on: 05/16/2022

Co-Listed By

SCOTT DAILEY

Dailey Dailey Real Estate License #RB-0020630

Last Buyer's Agent

Deniene Dailey

Dailey Dailey Real Estate Listed on: 05/16/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,721

Year Built

  • Built in 1992

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 100.00 x 200.00
  • Property is in excellent condition
  • Property is zoned AR-1

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • A-Frame Home
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,992 Sq Ft Home
  • Property has 1 Level
  • Crown Molding
  • Ceiling Fan
  • Wood Burning Fireplace
  • Combination Kitchen and Dining Room
  • Crawl Space

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Tankless Water Heater
  • Gravity Septic Field
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 235-31.00-10.02

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,721

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: A-Frame
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-05-16
  • Federal Flood Zone: No
  • Year Built: 1992
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: This multi-unit property is located in the desirable Cool Spring area - just minutes to the beach and resort areas but nestled among farms and rural estates. There is easy access to the walking/bike trail to Lewes and Rehoboth Beach. The recently renovated rancher comes complete with a Carriage House featuring a full kitchen, bathroom, living quarters, workshop, and multi-functional space. The main home also features two seperate gathering spaces as well as a deck that opens to a beautifully landscaped rear yard. All together, this property features over 3,500 sq ft in living space with NO HOA. Don't miss an opportunity to spend your summers at the beach and winters by the home's wood burning fireplace, recently updated along with a brand new roof. The four season landscaping will also give you something to enjoy while taking in the surrounding country views. For more information on this unique, multi-generational opportunity
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer - Electric, Icemaker, Microwave, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Oven/Range - Gas
  • Flooring Type: Hardwood, Laminate Plank, Carpet, Ceramic Tile
  • Interior Amenities: Combination Kitchen/Dining, Crown Moldings, Carpet, Ceiling Fan(s), Entry Level Bedroom
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block, Crawl Space
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1992
  • Above Grade Unfinished Sq Ft: 1992
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18588

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric, Tankless
  • Sewer/Septic System: Gravity Sept Fld
  • Utilities: Electric Available, Cable Tv Available, Propane
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RS
  • Lot Size Acres: 0.45
  • Lot Dimensions: 100.00 x 200.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19602.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5177606
  • School Tax: 1559.00
  • Tax Annual Amount: 1721.00
  • Assessor Parcel Number: 235-31.00-10.02
  • Tax Lot: 8
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/16/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2022
Closed on
Aug 16, 2022
Sold by
Doerfler Iii John H
Bought by
Cool Haven Llc
Seller's Agent
Deniene Dailey
Dailey Dailey Real Estate
Buyer's Agent
Deniene Dailey
Dailey Dailey Real Estate
List Price
$469,000
Sold Price
$580,000
Premium/Discount to List
$111,000
23.67%
Total Days on Market
46
Current Estimated Value
$510,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$69,904
Avg. Annual Appreciation
-3.80%

Purchase Details

Closed on
Feb 19, 2016
Sold by
Doerfler John H
Bought by
Doerfler Jamie and Doerfler John H
Source: Public Records

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Range of Values:

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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
Cool Haven Llc $513,000 Fuqua Willard & Schab Pa
Doerfler Jamie -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Doerfler Jamie $150,113
Previous Owner Doerfler Jamie $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2022 08/16/22 Sold $580,000 +23.9% $291 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
06/16/2022 06/16/22 Price Changed $468,000 -0.2% $235 / Sq Ft
05/16/2022 05/16/22 For Sale $469,000 -- $235 / 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 $1,802 $36,550 $2,000 $34,550
2023 $1,800 $36,550 $2,000 $34,550
2022 $1,237 $36,550 $2,000 $34,550
2021 $1,321 $36,550 $2,000 $34,550
2020 $1,316 $36,550 $2,000 $34,550
2019 $1,318 $36,550 $2,000 $34,550
2018 $1,205 $36,550 $0 $0
2017 $1,137 $36,550 $0 $0
2016 $437 $18,300 $0 $0
2015 $420 $18,300 $0 $0
2014 $412 $18,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2021848

Bright MLS

APN: 235-31.00-10.02