NOT LISTED FOR SALE

18864 Cool Spring Rd Milton, DE 19968

Estimated Value: $730,000 - $1,321,000

3 Beds
3 Baths
2,484 Sq Ft
$391/Sq Ft Est. Value

Sale Details

Date Sold: November 30, 2023

Last sale price $966,102 $389 Per Sq Ft

Current estimated payment $5,451 / mo

Highlights

  • Greenhouse
  • View of Trees or Woods
  • Deck
  • Love Creek Elementary School Rated A
  • 5 Acre Lot
  • Premium Lot

About This Home

As of November 2023

ACREAGE, HISTORY, VERSATILITY & INCREDIBLE BUSINESS OPPORTUNITY IN PRIME COASTAL DELAWARE LOCATION. Iconic Lavender Fields, 5 acres of tillable land that’s a farm, home, and thriving business is looking for its next proprietor. A truly remarkable property with 300 years of history, and excellent road frontage on both Cool Spring and Martins Farm Road. Currently self-sustaining with a 3-bedroom, 3-bath updated Victorian home, lavender crops, various floral gardens, pole barn set up for making artisanal soaps, an on-site retail shop, a tearoom with commercial kitchen, 3 outdoor accessible half baths and an additional rustic building offers unlimited charm & potential for your enjoyment, as well as business and recreational ideas. Consider a B&B with space for entertaining; yoga studio and wellness retreat with nature and fitness trails, an events space for hosting weddings & showers...you decide! Don't miss this once-in-a-lifetime opportunity to own a piece of Victorian elegance and entrepreneurial freedom in beautiful Milton, Delaware. Whether you're seeking a serene family retreat, a thriving business opportunity, or both, this property has it all.

Last Agent to Sell the Property

Lee Ann Wilkinson

(302) 645-6661 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 10/23/2023

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Lee Ann Wilkinson

(302) 645-6661 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 10/23/2023

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,051

Year Built

  • Built in 1890 | Remodeled in 2006

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 222.18 x 1019.63 x 217.88 x 988.77
  • Landscaped
  • Premium Lot
  • Back, Front, and Side Yard
  • Property is zoned AR-1

Parking

  • 1 Car Direct Access Garage
  • 25 Open Parking Spaces
  • 25 Driveway Spaces
  • Side Facing Garage
  • Gravel Driveway
  • Parking Lot

Property Views

  • Woods
  • Pasture
  • Garden

Home Design

  • Victorian Architecture
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,484 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Sitting Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Sun or Florida Room
  • Crawl Space

Flooring

  • Wood
  • Tile or Brick
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Accessible Home Design

  • Chairlift
  • Ramp on the main level

Eco-Friendly Details

  • Home Energy Management
  • Solar owned by seller

Outdoor Features

  • Multiple Balconies
  • Deck
  • Greenhouse
  • Pole Barn
  • Office or Studio
  • Shed
  • Outbuilding
  • Wrap Around Porch

Farming

  • Farm Stand or Store
  • Silo

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Heating System Powered By Owned Propane
  • Well
  • Electric Water Heater
  • Gravity Septic Field

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 334-10.00-62.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,051

Year Built

Built in 1890 | Remodeled in 2006

Lot Details

5 Acres

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Chairlift, Ramp - Main Level
  • Ownership: Fee Simple
  • Exclusions: Chandeliers
  • Inclusions: Business
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1890
  • Year Renovated: 2006
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Hardwood, Tile/Brick, Luxury Vinyl Plank
  • Fireplace Features: Wood, Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Kitchen, Breakfast Room, Sun/Florida Room, Laundry, Primary Bathroom, Full Bath, Additional Bedroom
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2484
  • Living Area Sq Ft: 2484
  • Price Per Sq Ft: 398.51
  • Above Grade Finished Sq Ft: 2484
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Office/Studio, Pole Barn, Shed, Greenhouse, Farm Stand/Store, Silo(s)
  • Construction Materials: Frame, Stick Built, Vinyl Siding
  • Exterior Features: Outbuilding(s)
  • Roof: Shingle
  • View: Garden/Lawn, Pasture, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Crushed Stone
  • Garage Features: Garage - Side Entry, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 51
  • Type Of Parking: Driveway, Parking Lot, Attached Garage
  • Number of Spaces in Driveway: 25
  • Parking Lot Number Of Spaces: 25

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Electric, Propane - Owned
  • Heating Type: Zoned, Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Gravity Sept Fld
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Efficiency: Home Energy Management
  • Green Power: Pv Solar Array(s) Owned

Lot Info

  • Lot Features: Front Yard, Premium, Landscaping, Sideyard(s), Road Frontage, Rear Yard
  • Lot Size Acres: 5.00
  • Lot Dimensions: 222.18 x 1019.63 x 217.88 x 988.77
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 217660.00
  • Outdoor Living Structures: Balconies- Multiple, Deck(s), Porch(es), Wrap Around
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1859.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2051.00
  • Assessor Parcel Number: 334-10.00-62.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2023
Closed on
Nov 30, 2023
Sold by
Bought by
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$989,900
Sold Price
$966,102
Premium/Discount to List
-$23,798
-2.4%
Views
31
Current Estimated Value
$970,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,202
Avg. Annual Appreciation
0.17%
Original Mortgage
$600,000
Outstanding Balance
$584,890
Interest Rate
7.63%
Mortgage Type
Credit Line Revolving
Estimated Equity
$385,414

Purchase Details

Closed on
Oct 22, 2002
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$800,000 None Listed On Document
$235,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $600,000
Previous Owner $86,300
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/30/2023 11/30/23 Sold $966,102 -2.4% $389 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
10/23/2023 10/23/23 For Sale $989,900 -- $399 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,882 $43,150 $7,750 $35,400
2024 $2,127 $43,150 $7,750 $35,400
2023 $2,125 $43,150 $7,750 $35,400
2022 $2,051 $43,150 $7,750 $35,400
2021 $2,032 $43,150 $7,750 $35,400
2020 $2,026 $43,150 $7,750 $35,400
2019 $2,029 $43,150 $7,750 $35,400
2018 $1,895 $43,150 $0 $0
2017 $1,815 $43,150 $0 $0
2016 $1,724 $43,150 $0 $0
2015 $1,626 $43,150 $0 $0
2014 $1,593 $42,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lee Ann Wilkinson

    Seller's Agent in 2023

    Lee Ann Wilkinson

    BHHS PenFed (actual)

    (302) 205-0392

    1,743 Total Sales

    Lee Ann Wilkinson
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Map

Source: Bright MLS

MLS Number: DESU2050282

Bright MLS

APN: 334-10.00-62.00

Delaware Sussex County Milton 19968

18864 Cool Spring Rd, Milton, DE

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