2500 Bay Rd Milford, DE 19963
Estimated Value: $1,548,461
--
Bed
--
Bath
2,800
Sq Ft
$553/Sq Ft
Est. Value
About This Home
This home is located at 2500 Bay Rd, Milford, DE 19963 and is currently estimated at $1,548,461, approximately $553 per square foot. 2500 Bay Rd is a home located in Kent County with nearby schools including Benjamin Banneker Elementary School, Milford Central Academy, and Milford Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 31, 2023
Sold by
Amended And Restated Revocable Trust
Bought by
Rkc Properties Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$970,753
Interest Rate
6.32%
Mortgage Type
Balloon
Estimated Equity
$577,708
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rkc Properties Llc | $1,500,000 | -- | |
| Amended And Restated Revocable Trust | -- | -- | |
| Bay Road Properties, Llc | $170,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rkc Properties Llc | $1,000,000 |
Source: Public Records
Tax History Compared to Growth
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 | $3,817 | $1,013,000 | $511,700 | $501,300 |
| 2024 | $3,817 | $1,013,000 | $511,700 | $501,300 |
| 2023 | $2,885 | $128,400 | $32,500 | $95,900 |
| 2022 | $3,070 | $139,800 | $43,900 | $95,900 |
| 2021 | $3,123 | $139,800 | $43,900 | $95,900 |
| 2020 | $3,148 | $139,800 | $43,900 | $95,900 |
| 2019 | $3,164 | $139,800 | $43,900 | $95,900 |
| 2018 | $2,668 | $117,500 | $43,900 | $73,600 |
| 2017 | $5,554 | $117,500 | $0 | $0 |
| 2016 | $2,859 | $117,500 | $0 | $0 |
| 2015 | $2,093 | $117,500 | $0 | $0 |
| 2014 | $2,051 | $117,500 | $0 | $0 |
Source: Public Records
Map
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