NOT LISTED FOR SALE

302 S Bay Shore Dr Milton, DE 19968

Estimated Value: $467,000 - $575,000

2 Beds
1 Bath
630 Sq Ft
$861/Sq Ft Est. Value

Last Sold August 22, 2023

Last sale price $525,000 $833 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,977/month

64 Days on Market

Highlights

  • Water Oriented
  • Bay View
  • Partially Wooded Lot
  • H.O. Brittingham Elementary School Rated A-
  • Coastal Architecture
  • No HOA

About This Home

As of August 2023

Presenting a remarkable beach property with stunning views of the Delaware Bay and Prime Hook Wildlife Refuge in the esteemed Broadkill Beach community. This unique opportunity offers an expansive lot with beautiful views and provide the perfect setting for creating your own coastal oasis. Setbacks have been amended to allow for larger footprint. While the existing structure on the property needs to be torn down and can not be entered, the true value lies in the awe-inspiring panoramic views that stretch across the glistening waters of the Delaware Bay. Imagine waking up to the gentle sound of waves, basking in the golden hues of a picturesque sunset, and relishing in the beauty of nature's ever-changing canvas. This prime location in Broadkill Beach allows access to the sandy beach right across from the lot, where you can indulge in leisurely walks along the shoreline, collect seashells, or simply unwind while enjoying the soothing coastal breeze. This property offers limitless potential for crafting your dream beach home as it is a double lot, which gives you room for home, septic, and pool or research the possibility to subdivide the lot for your chance to have to side by side homes that could both be income producing or one for you to enjoy and the other to rent out for extra income. Envision designing a modern architectural masterpiece or a charming coastal cottage, taking full advantage of the breathtaking views and optimizing indoor-outdoor living. Broadkill Beach is renowned for its tranquil atmosphere and uncrowded shores, providing an idyllic escape from the hustle and bustle of everyday life. Immerse yourself in the serenity of this coastal community, where time seems to slow down and a sense of peace permeates the air. Embrace the potential and embark on a journey to transform this property into your very own coastal sanctuary.

Last Agent to Sell the Property

Julie Gritton

Coldwell Banker Premier - Lewes License #RA-0031139 Listed on: 05/25/2023

Coldwell Banker Premier - Lewes

Last Buyer's Agent

John Howard

Long & Foster Real Estate, Inc. License #RS-0024987

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $297

Year Built

  • Built in 1900

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100.00 x 124.00
  • Partially Wooded Lot
  • Subdivision Possible
  • Property is zoned GR

Parking

  • Driveway

Property Views

  • Bay
  • Woods

Home Design

  • Coastal Architecture
  • Fixer Upper
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 630 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Oriented
  • Property near a bay

Location

  • Flood Risk

Utilities

  • Not Applied For Permit
  • Site Evaluation on File
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Broadkill Beach Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 235-04.17-42.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$297

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Structure is included, but can not be entered and is being sold for zero value.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Pilings
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 630
  • Living Area Sq Ft: 630
  • Price Per Sq Ft: 1014.29
  • Above Grade Finished Sq Ft: 630
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 302

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Road Surface Type: Paved
  • View: Bay, Trees/Woods
  • Water Access: No
  • Water Body Name: Delaware Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Not Applied For Permit, Site Evaluation On File
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Water Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Horses: No
  • Land Use Code: 999
  • Lot Features: Subdivision Possible, Partly Wooded
  • Lot Size Acres: 0.28
  • Lot Dimensions: 100.00 x 124.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12197.00
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2022
  • Zoning: GR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 269.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 297.00
  • Assessor Parcel Number: 235-04.17-42.00
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 08/22/2023

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Aug 22, 2023
Sold by
Conley James W and Conley Constance A
Bought by
Glazov Victor
Seller's Agent
Julie Gritton
Coldwell Banker Premier - Lewes
Buyer's Agent
John Howard
Long & Foster Real Estate, Inc.
List Price
$699,900
Sold Price
$525,000
Premium/Discount to List
-$174,900
-24.99%
Views
109
Current Estimated Value
$542,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,563
Avg. Annual Appreciation
2.33%
Original Mortgage
$300,000
Outstanding Balance
$293,747
Interest Rate
6.81%
Mortgage Type
Credit Line Revolving
Estimated Equity
$256,209
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Glazov Victor $525,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glazov Victor $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2023 08/22/23 Sold $525,000 -17.8% $833 / Sq Ft
07/24/2023 07/24/23 Price Changed $639,000 -8.7% $1,014 / Sq Ft
05/25/2023 05/25/23 For Sale $699,900 -- $1,111 / 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 $308 $6,250 $3,800 $2,450
2023 $308 $6,250 $3,800 $2,450
2022 $297 $6,250 $3,800 $2,450
2021 $1 $6,250 $3,800 $2,450
2020 $293 $6,250 $3,800 $2,450
2019 $294 $6,250 $3,800 $2,450
2018 $274 $6,250 $0 $0
2017 $263 $6,250 $0 $0
2016 $250 $6,250 $0 $0
2015 $239 $6,250 $0 $0
2014 $237 $6,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2042124

Bright MLS

APN: 235-04.17-42.00