NOT LISTED FOR SALE

302 S Bayshore Dr Milton, DE 19968

Estimated Value: $542,563

0.28 Acre
$1,937,725 Price per Acre
12,197 Sq Ft Lot

Last Sold August 22, 2023

Last sale price $525,000

Est. 3% increase in value since last sale

Current estimated payment $2,977/month

63 Days on Market

Highlights

  • Home fronts navigable water
  • Water Access
  • Wooded Lot
  • H.O. Brittingham Elementary School Rated A-
  • Bay View
  • No HOA

About This Lot

As of August 2023

Discover the extraordinary opportunity to own a beach property with the potential to build your dream home, or two where nature meets coastal in the unique Broadkill Beach community. Double lot gives you plenty of opportunities. Nestled along the pristine Delaware coastline, this parcel of land offers a canvas for crafting your coastal retreat. Spanning a generous expanse, this property provides ample space to design a residence perfectly tailored to your preferences and lifestyle. Imagine waking up to breathtaking sunrises, strolling along the sandy beach, and relishing in the tranquil ocean views just steps from your doorstep. Setbacks have been amended to allow for larger footprint. Broadkill Beach, known for its beauty and peaceful ambiance, offers a respite from the hustle and bustle of city life. Surrounded by natural wonders, including protected wildlife areas and scenic wetlands, this locale ensures a sense of serenity and privacy. With the potential to build, you have the freedom to customize every aspect of your future beach home. Envision spacious decks to enjoy the sea breeze, expansive windows to maximize natural light, and open floor plans that seamlessly blend indoor and outdoor living spaces. Whether you envision a cozy beach cottage or a grand coastal estate, this property provides the opportunity to create a sanctuary that reflects your unique style and preferences. With access to utilities and the necessary infrastructure, you can bring your vision to life with ease. Broadkill Beach is also conveniently located near a range of recreational activities, charming local shops, and delectable dining options. From boating and fishing to exploring nearby state parks, golf, and more there is no shortage of outdoor adventures to embark upon. Don't miss the chance to secure this beachfront property and build the beach home you've always dreamed of in the enchanting Broadkill Beach community. Embrace the coastal lifestyle and savor the unparalleled beauty and tranquility that awaits you.

Last Agent to Sell the Property

Julie Gritton

Coldwell Banker Premier - Lewes License #RA-0031139 Listed on: 05/26/2023

Coldwell Banker Premier - Lewes

Last Buyer's Agent

John Howard

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

Long & Foster Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $297

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100.00 x 124.00
  • Home fronts navigable water
  • Wooded Lot
  • Property is zoned GR

Utilities

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

Additional Features

  • Bay Views
  • Flood Risk

Listing and Financial Details

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

Community Details

Overview

  • No Home Owners Association
  • Broadkill Beach Subdivision

Recreation

  • Water Access
  • Property near a bay

Property Details

Property Type

Land

Est. Annual Taxes

$297

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Current Use: Vacant, Residential
  • Historic: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 52.39
  • Street Number Modifier: Lot 302

Exterior Features

  • Construction Completed: No
  • Road Surface Type: Paved
  • View: Bay
  • Water Access: Yes
  • Water Body Name: Delaware Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: 999
  • Lot Features: Trees/Wooded
  • Lot Size Acres: 0.28
  • Lot Dimensions: 100.00 x 124.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12197.00
  • Year Assessed: 2022
  • Zoning: GR
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • 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 26, 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
93
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
2.31%
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% --
07/24/2023 07/24/23 Price Changed $639,000 -8.7% --
05/26/2023 05/26/23 For Sale $699,900 -- --
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: DESU2042108

Bright MLS

APN: 235-04.17-42.00