$5,350,000
$940K PRICE DROP

3338 Bay Rd Milford, DE 19963

Estimated payment $29,214/month

Total Views 59,396
25 Acres
$214,000 Price per Acre
1,089,000 Sq Ft Lot

About This Lot

Situated at the crossroads of convenience, this exceptional 25 +/- acre property for sale near the DE Turf Sports Complex boasts an enviable entrance off DE 1 and Milford Neck Rd. This strategic location offers excellent visibility, accessibility, and a gateway to a host of possibilities. Seize this incredible opportunity to leverage the advantages of the BG zoning and shape this property into a remarkable showcase of innovation and growth. Explore the limitless potential within this property's boundaries and envision a future that capitalizes on its strategic location, convenient entrances, and versatile zoning. Enquire now to embark on an exciting journey of real estate development and investment. Owner financing to qualified buyers.

Listing Agent

Keith Walpole

R&R Commercial Realty Listed on: 04/04/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $761

Lot Details

  • 25 Acre Lot
  • Lot Dimensions are 1.00 x 0.00
  • Property is zoned BG

Utilities

  • No Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2200-000
  • Assessor Parcel Number MD-00-15200-01-2200-000, 2300-000

Property Details

Property Type

Land

Est. Annual Taxes

$761

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Remarks Public: Situated at the crossroads of convenience, this exceptional 25 +/- acre property for sale near the DE Turf Sports Complex boasts an enviable entrance off DE 1 and Milford Neck Rd. This strategic location offers excellent visibility, accessibility, and a gateway to a host of possibilities. Seize this incredible opportunity to leverage the advantages of the BG zoning and shape this property into a remarkable showcase of innovation and growth. Explore the limitless potential within this property's boundaries and envision a future that capitalizes on its strategic location, convenient entrances, and versatile zoning. Enquire now to embark on an exciting journey of real estate development and investment. Owner financing to qualified buyers.
  • Special Features: VirtualTour

Interior Features

  • Price Per Sq Ft: 4.91
  • Street Number Modifier: 3338 & 3320

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: No Septic System

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 25.00
  • Lot Dimensions: 1.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1089000.00
  • Year Assessed: 2023
  • Zoning: BG
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 625.00
  • Tax Annual Amount: 761.00
  • Assessor Parcel Number: MD-00-15200-01-2200-000, 2300-000
  • Tax Lot: 2200-000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: MILFORD

Map

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

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 $1,516 $402,300 $213,000 $189,300
2023 $852 $37,900 $21,200 $16,700
2022 $832 $37,900 $21,200 $16,700
2021 $847 $37,900 $21,200 $16,700
2020 $853 $37,900 $21,200 $16,700
2019 $858 $37,900 $21,200 $16,700
2018 $861 $37,900 $21,200 $16,700
2017 $869 $37,900 $0 $0
2016 $927 $38,100 $0 $0
2015 $679 $38,100 $0 $0
2014 $665 $38,100 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2024 08/07/24 For Sale $5,350,000 0.0% --
07/10/2024 07/10/24 Pending -- -- --
11/29/2023 11/29/23 Price Changed $5,350,000 +2.9% --
10/25/2023 10/25/23 Price Changed $5,200,000 -17.3% --
04/04/2023 04/04/23 For Sale $6,290,000 -- --
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed -- None Available
Deed $155,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $60,000 Stand Alone Second
Closed $50,000 Unknown
Previous Owner $33,153 Unknown
Previous Owner $242,705 Unknown
Previous Owner $224,000 New Conventional
Source: Public Records

Source: Bright MLS

MLS Number: DEKT2018488

Bright MLS

APN: 5-00-15200-01-2200-000