NOT LISTED FOR SALE

402 S Spinnaker Ln Milton, DE 19968

Estimated Value: $254,000 - $272,714

2 Beds
2.5 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold December 08, 2023

Last sale price $259,500

Est. 1% increase in value since last sale

Current estimated payment $1,426/month

2 Days on Market

Highlights

  • Cape Cod Architecture
  • Attic
  • Upgraded Countertops
  • H.O. Brittingham Elementary School Rated A-
  • No HOA
  • Breakfast Area or Nook

About This Home

As of December 2023

Investor's Dream: A Bright and Spacious Gem with No HOA
Welcome to the perfect investment opportunity! This beautifully renovated 2 bedroom/2.5 bathroom home is a standout choice for both homeowners and investors alike. The front yard is adorned with mature trees and a charming herb and flower garden. As you step into the freshly painted home, you'll be greeted by a light-filled entrance that ushers in a warm and welcoming atmosphere that sets the tone for the entire space. A true standout feature of this property is the spacious eat-in kitchen. With an impressive four windows, this kitchen is a chef's delight, flooded with natural light. The large space allows for culinary creativity and ample room for dining, ensuring that this kitchen will be the heart of the home. Next the large living room/family room with brand new sliding glass doors leads to a fenced side and back yard, providing a secure and private haven for outdoor activities, family gatherings, and pets. You'll find a charming back patio, ideal for enjoying your morning coffee or hosting evening barbecues. Luxury Vinyl Plank (LVP) flooring flows throughout the first floor, creating a cohesive and stylish look while being highly durable and low-maintenance—a great asset for busy lives or potential rental tenants. One of the most attractive features of this property is the absence of any Homeowners' Association or Condo Association restrictions. You have the freedom to make this house your own, with no added fees or regulations to worry about. Home is convenient to local schools, downtown dining and shopping and just a short drive to the beautiful coastal Delaware beaches. Schedule your private tour today!

Last Agent to Sell the Property

Carol Ann Pala

(302) 312-1794 capala518@gmail.com Monument Sotheby's International Realty License #RS-0025033 Listed on: 10/27/2023

Monument Sotheby's International Realty

Last Buyer's Agent

Tjark Bateman

(302) 745-0018 tjark@jacklingo.com Jack Lingo - Rehoboth License #RS-0023037

Jack Lingo - Rehoboth

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $957

Year Built

  • Built in 2002

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 41.00 x 93.00
  • Privacy Fence
  • Vinyl Fence
  • Property is in excellent condition

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Aluminum Siding

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Family Room Off Kitchen
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Upgraded Countertops

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Accessible Home Design

  • Entry Slope Less Than 1 Foot

Schools

  • H.O. Brittingham Elementary School
  • Mariner Middle School
  • Cape Henlopen High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 76
  • Assessor Parcel Number 235-14.00-242.00

Community Details

Overview

  • No Home Owners Association
  • Shipbuilders Village Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$957

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Cape Cod
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Entry Slope <1'
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Flooring Type: Luxury Vinyl Plank, Carpet
  • Interior Amenities: Attic, Breakfast Area, Carpet, Ceiling Fan(s), Family Room Off Kitchen, Kitchen - Eat-In, Recessed Lighting, Upgraded Countertops, Window Treatments
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 402

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: H.O. BRITTINGHAM
  • Middle School: MARINER
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: H.O. BRITTINGHAM
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: MARINER

Lot Info

  • Fencing: Vinyl, Privacy
  • Land Use Code: 999
  • Lot Size Acres: 0.08
  • Lot Dimensions: 41.00 x 93.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3485.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 586.00
  • Tax Annual Amount: 957.00
  • Assessor Parcel Number: 235-14.00-242.00
  • Tax Lot: 76
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/08/2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2023
Closed on
Dec 8, 2023
Sold by
Heritage Rentals Llc
Bought by
Gannaway David and Shin Chu Ri
Seller's Agent
Carol Ann Pala
Monument Sotheby's International Realty
Buyer's Agent
Tjark Bateman
Jack Lingo - Rehoboth
List Price
$259,500
Sold Price
$259,500
Views
75
Current Estimated Value
$263,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,679
Avg. Annual Appreciation
0.77%

Purchase Details

Closed on
Oct 13, 2021
Sold by
Lange Karen J
Bought by
Heritage Rentals Llc

Purchase Details

Closed on
Dec 19, 2002
Bought by
Troutman Bruce D
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
Gannaway David $259,500 None Listed On Document
Heritage Rentals Llc -- None Available
Heritage Rentals Llc -- None Available
Heritage Rentals Llc -- None Available
Troutman Bruce D $109,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2023 12/08/23 Sold $259,500 0.0% --
10/27/2023 10/27/23 For Sale $259,500 -- --
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 $375 $13,600 $2,450 $11,150
2024 $670 $13,600 $2,450 $11,150
2023 $670 $13,600 $2,450 $11,150
2022 $646 $13,600 $2,450 $11,150
2021 $640 $13,600 $2,450 $11,150
2020 $639 $13,600 $2,450 $11,150
2019 $639 $13,600 $2,450 $11,150
2018 $597 $13,600 $0 $0
2017 $572 $13,600 $0 $0
2016 $543 $13,600 $0 $0
2015 $519 $13,600 $0 $0
2014 $515 $13,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2050330

Bright MLS

APN: 235-14.00-242.00