NOT LISTED FOR SALE

391 Bay Ave Milford, DE 19963

Estimated Value: $369,000 - $735,000

0.22 Acre
$2,489,109 Price per Acre
9,583 Sq Ft Lot

Last Sold April 20, 2020

Last sale price $260,000

Est. 109% increase in value since last sale

Current estimated payment $3,036/month

32 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Bay View
  • No HOA
  • Sandy Beach

About This Lot

As of April 2020

Extremely rare waterfront lot in the sandy area of Slaughter Beach! Enjoy all that nature has to offer -- morning sunrises over the Delaware Bay, and amazing sunsets over wetlands across the street. Just minutes to the new Bay Health Hospital and conveniences of Milford DE. Or drive 20 minutes south to charming Lewes, or north to Dover with its own entertainment. Plenty of room to build you dream beachfront home.

Last Agent to Sell the Property

Laurie Bronstein

Berkshire Hathaway HomeServices PenFed Realty Listed on: 01/19/2020

Berkshire Hathaway HomeServices PenFed Realty

Co-Listed By

Terry Coleman

Berkshire Hathaway HomeServices PenFed Realty License #RS-0024573

Last Buyer's Agent

Laurie Bronstein

Berkshire Hathaway HomeServices PenFed Realty Listed on: 01/19/2020

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $148

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 50.00 x 192.00
  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Sandy Beach
  • Cleared Lot
  • Property is zoned TN 464

Property Views

  • Bay
  • Panoramic
  • Scenic Vista

Location

  • Flood Risk

Utilities

  • Not Applied For Permit
  • Municipal Trash
  • On Site Septic

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 230-01.00-120.00

Community Details

Overview

  • No Home Owners Association
  • Slaughter Beach Subdivision

Recreation

  • Water Access
  • Property near a bay

Property Details

Property Type

Land

Est. Annual Taxes

$148

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Federal Flood Zone: Yes
  • Remarks Public: Extremely rare waterfront lot in the sandy area of Slaughter Beach! Enjoy all that nature has to offer -- morning sunrises over the Delaware Bay, and amazing sunsets over wetlands across the street. Just minutes to the new Bay Health Hospital and conveniences of Milford DE. Or drive 20 minutes south to charming Lewes, or north to Dover with its own entertainment. Plenty of room to build you dream beachfront home.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 31.20
  • Street Number Modifier: 391

Exterior Features

  • Construction Completed: No
  • View: Bay, Panoramic, Scenic Vista
  • Water Access: Yes
  • Water Body Name: Delaware Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: On Site Septic, Not Applied For Permit
  • Water Source: Private
  • 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: 300200396900
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: RV
  • Lot Features: Cleared
  • Lot Size Acres: 0.22
  • Lot Dimensions: 50.00 x 192.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9583.00
  • Possible Use: Residential
  • Year Assessed: 2019
  • Zoning: TN 464
  • Farmland Preservation: No
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5133404
  • School Tax: 90.00
  • Tax Annual Amount: 148.00
  • Assessor Parcel Number: 230-01.00-120.00
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 04/20/2020

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: MILFORD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2020
Closed on
Apr 15, 2020
Sold by
Bender Paul L and Bender Doreen A
Bought by
Jakubowitz Jason R and Jakubowitz Cayla
Seller's Agent
Laurie Bronstein
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Laurie Bronstein
Berkshire Hathaway HomeServices PenFed Realty
List Price
$299,000
Sold Price
$260,000
Premium/Discount to List
-$39,000
-13.04%
Current Estimated Value
$544,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,035
Avg. Annual Appreciation
13.70%

Purchase Details

Closed on
May 7, 2003
Bought by
Bender Paul L Doreen A Bender
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jakubowitz Jason R $260,000 None Available
Bender Paul L Doreen A Bender $290,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2020 04/20/20 Sold $260,000 -13.0% --
02/20/2020 02/20/20 Pending -- -- --
01/19/2020 01/19/20 For Sale $299,000 -- --
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
2024 $694 $9,750 $1,750 $8,000
2023 $720 $9,750 $1,750 $8,000
2022 $709 $9,750 $1,750 $8,000
2021 $717 $9,750 $1,750 $8,000
2020 $97 $9,750 $1,750 $8,000
2019 $98 $9,750 $1,750 $8,000
2018 $549 $9,750 $0 $0
2017 $556 $9,750 $0 $0
2016 $602 $9,750 $0 $0
2015 $423 $9,750 $0 $0
2014 $409 $9,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU154372

Bright MLS

APN: 230-01.00-120.00