Seller's Agent in 2023
Lucius Webb
Jack Lingo - Rehoboth
(302) 258-4590
24 in this area
97 Total Sales
285 Bay Ave Milford, DE 19963
Estimated Value: $603,000 - $1,453,413
4
Beds
3.5
Baths
2,900
Sq Ft
$358/Sq Ft
Est. Value
Highlights
- 76 Feet of Waterfront
- Guest House
- Sandy Beach
- Primary bedroom faces the bay
- Access to Tidal Water
- Fishing Allowed
About This Home
As of December 20234BR, 3.5BA Bayfront Cottage & Apt...Enjoy panoramic views of Delaware Bay. Located on the sandy shores of South Slaughter Beach, this light filled open floor plan cottage is thoughtfully designed w/9ft ceilings, gourmet kitchen w/6 burner cooktop, walk-in pantry, laundry room & 2 zone HVAC. Owner's BR w/ensuite bath has oversized tile shower & double sink vanity. Office & Den offer away space. Conveniently park under the home & use inside stairs. The Power Lift enables handicap access & convenience when bringing items to the main floor. 1BR, 1BA Garage Apt - a great space for guests or a rental w/lots of storage. This is the Beach you have dreamed of... walk your dog while listening to the waves, watch migrating birds, kayak, sail, fish, crab & have a bonfire while stargazing...Slaughter Beach has basket ball, tennis & pickle ball courts, boat ramps, docks & storage, the DuPont Nature Center, kids playground, public restroom, pavilion & fire department. Nearby historic Milton & Milford offers farmers markets, coffee shops, restaurants, grocery, theaters, art galleries, breweries, live music, Bay Health Hospital & more. Live the dream....Great Investment/rental ... 30 min. or less to Lewes & Rehoboth Beaches & outlets. Room for a pool if desired. Offered for less than replacement cost.
Last Agent to Sell the Property
Jack Lingo - Rehoboth License #RS-0017469 Listed on: 09/13/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,441
Year Built
- Built in 2019
Lot Details
- 0.41 Acre Lot
- Lot Dimensions are 75.00 x 252.00
- 76 Feet of Waterfront
- Home fronts navigable water
- Property Fronts a Bay or Harbor
- Sandy Beach
- Public Beach
- Open Space
- West Facing Home
- Vinyl Fence
- Landscaped
- Back and Front Yard
- Property is in excellent condition
- Property is zoned TN, Town Code
Property Views
- Bay
- Panoramic
- Scenic Vista
- Woods
Home Design
- Coastal Architecture
- Cottage
- Frame Construction
- Architectural Shingle Roof
- Vinyl Siding
- Piling Construction
Interior Spaces
- 2,900 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Ceiling Fan
- Recessed Lighting
- Insulated Windows
- Double Hung Windows
- Transom Windows
- Sliding Windows
- Sliding Doors
- ENERGY STAR Qualified Doors
- Insulated Doors
- Great Room
- Den
Kitchen
- Breakfast Area or Nook
- Built-In Self-Cleaning Double Oven
- Gas Oven or Range
- Six Burner Stove
- Cooktop with Range Hood
- Microwave
- ENERGY STAR Qualified Refrigerator
- ENERGY STAR Qualified Dishwasher
- Stainless Steel Appliances
- Kitchen Island
Flooring
- Carpet
- Tile or Brick
- Vinyl
Bedrooms and Bathrooms
- Primary bedroom faces the bay
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on lower level
- Electric Dryer
- ENERGY STAR Qualified Washer
Partially Finished Basement
- Walk-Out Basement
- Interior and Exterior Basement Entry
Parking
- 10 Parking Spaces
- 8 Driveway Spaces
- 2 Attached Carport Spaces
- Private Parking
- Gravel Driveway
Accessible Home Design
- Accessible Elevator Installed
- Halls are 48 inches wide or more
- Doors swing in
- Doors with lever handles
Outdoor Features
- Access to Tidal Water
- Canoe or Kayak Water Access
- Private Water Access
- Property near a bay
- Personal Watercraft
- Waterski or Wakeboard
- Swimming Allowed
- Powered Boats Permitted
- Deck
- Screened Patio
- Exterior Lighting
- Outbuilding
- Rain Gutters
- Porch
Utilities
- Forced Air Heating and Cooling System
- Ductless Heating Or Cooling System
- Heat Pump System
- 120/240V
- Propane
- Private Water Source
- Electric Water Heater
- Low Pressure Pipe
- Municipal Trash
- Mound Septic
- Cable TV Available
Additional Features
- Guest House
- Flood Risk
Listing and Financial Details
- Tax Lot 59
- Assessor Parcel Number 230-01.00-170.01
Community Details
Overview
- No Home Owners Association
- Built by Brendon T. Warfel Construction
- Slaughter Beach Subdivision
- Property is near a preserve or public land
Recreation
- Fishing Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 13, 2023
Closed on
Dec 21, 2023
Sold by
Roth Rosemarie M and Miller Susan R
Bought by
Bogdanos Jeanine M
Seller's Agent
Lucius Webb
Jack Lingo - Rehoboth
Buyer's Agent
Lucius Webb
Jack Lingo - Rehoboth
List Price
$1,347,500
Sold Price
$1,250,000
Premium/Discount to List
-$97,500
-7.24%
Views
454
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$212,647
Avg. Annual Appreciation
-14.23%
Original Mortgage
$212,000
Outstanding Balance
$209,534
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$753,426
Purchase Details
Closed on
Jun 28, 2018
Sold by
Gerwig Jeffrey C and Gerwig Norma A
Bought by
Miller Susan R and Roth Rosemarie M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
4.5%
Mortgage Type
Balloon
Purchase Details
Closed on
Mar 26, 1994
Bought by
Gerwig Jeffrey C and Gerwig Norma A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bogdanos Jeanine M | -- | None Listed On Document | |
| Miller Susan R | $325,000 | -- | |
| Gerwig Jeffrey C | $72,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bogdanos Jeanine M | $212,000 | |
| Previous Owner | Miller Susan R | $475,000 | |
| Previous Owner | Miller Susan R | $475,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/21/2023 12/21/23 | Sold | $1,250,000 | -3.8% | $431 / Sq Ft |
| 11/09/2023 11/09/23 | Pending | -- | -- | -- |
| 09/18/2023 09/18/23 | Price Changed | $1,299,997 | -3.5% | $448 / Sq Ft |
| 09/13/2023 09/13/23 | For Sale | $1,347,500 | -- | $465 / Sq Ft |
Source: Bright MLS
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 |
|---|---|---|---|---|
| 2024 | $1,170 | $6,000 | $1,750 | $4,250 |
| 2023 | $1,215 | $6,000 | $1,750 | $4,250 |
| 2022 | $1,197 | $6,000 | $1,750 | $4,250 |
| 2021 | $1,191 | $6,000 | $1,750 | $4,250 |
| 2020 | $1,195 | $6,000 | $1,750 | $4,250 |
| 2019 | $1,204 | $6,000 | $1,750 | $4,250 |
| 2018 | $338 | $6,000 | $0 | $0 |
| 2017 | $342 | $6,000 | $0 | $0 |
| 2016 | $370 | $6,000 | $0 | $0 |
| 2015 | $261 | $6,000 | $0 | $0 |
| 2014 | $252 | $6,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lucius Webb
Map
Source: Bright MLS
MLS Number: DESU2047880
APN: 230-01.00-170.01
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