NOT LISTED FOR SALE

308 N Church Ave Milford, DE 19963

Estimated Value: $266,000 - $324,000

0.11 Acre
$2,625,964 Price per Acre
4,792 Sq Ft Lot

Last Sold September 15, 2021

Last sale price $32,000

Est. 803% increase in value since last sale

Current estimated payment $1,618/month

About This Lot

As of September 2021

This lot located in downtown Milford is ready for a new home! Its in a great location within walking distance of churches, restaurants and parks. Perfect for an investor because it’s located within the Downtown Development District, so many of the fees to build are waived! “investors who make qualified improvements to residential, commercial, or industrial properties in the District Area may qualify for State, County and City development incentives Projects can earn up to 20% rebate on "hard costs" from the State of Delaware for building improvements in the District Area. Waiver of City of Milford sewer, water and electric Impact Fees and waiver of the City Building Permit Fee”

Last Agent to Sell the Property

Susie Masten

MASTEN REALTY LLC License #0036961 Listed on: 08/16/2021

Last Buyer's Agent

Tyler Nicholls

Iron Valley Real Estate Premier License #rs-0023081

Iron Valley Real Estate Premier

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $147

Lot Details

  • 4,792 Sq Ft Lot
  • Cleared Lot
  • Property is zoned R3

Utilities

  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number MD-16-18310-02-3300-000

Property Details

Property Type

Land

Est. Annual Taxes

$147

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: This lot located in downtown Milford is ready for a new home! Its in a great location within walking distance of churches, restaurants and parks. Perfect for an investor because it’s located within the Downtown Development District, so many of the fees to build are waived! “investors who make qualified improvements to residential, commercial, or industrial properties in the District Area may qualify for State, County and City development incentives Projects can earn up to 20% rebate on "hard costs" from the State of Delaware for building improvements in the District Area. Waiver of City of Milford sewer, water and electric Impact Fees and waiver of the City Building Permit Fee”
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 7.93
  • Street Number Modifier: 308

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Utilities: Sewer Available, Water Available
  • Water Source: Public Hook-Up Available
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District: MILFORD
  • School District Key: 300200396885
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Features: Cleared
  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4791.60
  • Possible Use: Residential
  • Zoning: R3
  • Farmland Preservation: No
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2453482
  • Tax Annual Amount: 147.00
  • Assessor Parcel Number: MD-16-18310-02-3300-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 09/15/2021

MLS Schools

  • School District Name: MILFORD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2022
Sold by
Bowers Group Llc
Bought by
Harrell Veronica J
Current Estimated Value
$288,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,373
Outstanding Balance
$222,008
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$66,848

Purchase Details

Listed on
Aug 16, 2021
Closed on
Sep 15, 2021
Sold by
Epic Homes Llc
Bought by
Bowers Group Llc
Seller's Agent
Susie Masten
MASTEN REALTY LLC
Buyer's Agent
Tyler Nicholls
Iron Valley Real Estate Premier
List Price
$38,000
Sold Price
$32,000
Premium/Discount to List
-$6,000
-15.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
73.10%

Purchase Details

Closed on
Dec 2, 2020
Sold by
Harris Ronald D
Bought by
Epic Homes Llc

Purchase Details

Closed on
Jul 20, 2020
Sold by
Johnson Myrtle
Bought by
Harris Ronald D
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Harrell Veronica J $235,000 None Listed On Document
Bowers Group Llc $32,000 None Available
Epic Homes Llc $16,500 None Available
Harris Ronald D $1,050 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harrell Veronica J $25,000
Open Harrell Veronica J $237,373
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $32,000 -15.8% --
08/23/2021 08/23/21 Pending -- -- --
08/16/2021 08/16/21 For Sale $38,000 -- --
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
2025 $948 $251,600 $51,700 $199,900
2024 $948 $251,600 $51,700 $199,900
2023 $819 $38,700 $3,700 $35,000
2022 $5 $38,700 $3,700 $35,000
2021 $79 $3,500 $3,500 $0
2020 $79 $3,500 $3,500 $0
2019 $79 $3,500 $3,500 $0
2018 $79 $3,500 $3,500 $0
2017 $80 $3,500 $0 $0
2016 $85 $3,500 $0 $0
2015 $62 $3,500 $0 $0
2014 $61 $3,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Susie Masten

    MASTEN REALTY LLC

    (302) 399-3812

    14 in this area

    43 Total Sales

    Susie Masten
    Section Image
  • Tyler Nicholls

    Buyer's Agent in 2021

    Tyler Nicholls

    Iron Valley Real Estate Premier

    (302) 423-1848

    31 in this area

    164 Total Sales

    Tyler Nicholls
    Section Image
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Map

Source: Bright MLS

MLS Number: DEKT2002192

Bright MLS

APN: 5-16-18310-02-3300-000

Delaware Kent County Milford 19963

308 N Church Ave, Milford, DE

This home is located at 308 N Church Ave, Milford, DE 19963 since 16 August 2021 and is currently estimated at $288,856. 308 N Church Ave is a home located in Kent County with nearby schools including Benjamin Banneker Elementary School, Milford Central Academy, and Milford Senior High School.

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