NOT LISTED FOR SALE

440 Bay Ave Milford, DE 19963

Estimated Value: $302,682 - $480,000

1 Bed
1 Bath
900 Sq Ft
$438/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $242,000 $269 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,118/month

Highlights

  • Water Views
  • Water Access
  • Main Floor Bedroom
  • Home fronts navigable water
  • Wood Flooring
  • Attic

About This Home

As of July 2021

Breathtaking views on Bay Ave.! This charming cottage offers steps-away-from-beach-living and incredible marsh views! Simple living. Simple space. Delightful white picket fence edges front lawn and this adorable white siding, 1BR/1bath/1-level living home that calls for that easy right touch! Elevated entry is tucked along side wall, succession of windows stretches across front wall, and stone-stack rippling fountain is nestled amid stone bed along border of home. Door leads into kitchen that is light and airy with white cabinets accented with pewter hardware and white appliances. Kitchen is sizable and offers plenty of cabinets. Extra space is tucked between kitchen and adjacent FR and could easily serve as dining nook, whether it’s decorated with more formal furnishings or directed to be more casual and comfortable. Oversized entrance grants access to soft neutral-color carpeted, knotty pine paneled FR with knotty pine ceiling, creating warm and inviting space. The room’s quaint ambiance is amplified with floor-to-ceiling all-brick corner niche with slightly elevated hearth, where wood stove would look right at home! Imagine wonderful summer post-water times as well as toasty winter days spent nestled in this quiet, cozy room! Just beyond family-friendly gathering space is BR where carpeting and knotty pine paneling continues, offering constant theme. Windows keep both main room as well as BR naturally light. Generous alcove is ideal for bed, while nook below window is perfect for low-lying dresser or desk. Updated full bath. White tile with black tile border surrounds tub/shower and white tile is on floor. Both laundry room and bonus cedar closet round out main space. Glass sliders from FR lead out to carpeted sun porch with windows that features white wood paneling, creating light-infused room that is perfect for reading, napping and dining! Driveway sits adjacent to home and leads to bumped-back detached 2-car garage with plenty of space along with large workshop. Tucked in fenced-in backyard is brick paver patio and circular brick fire pit that begs one to enjoy an evening outdoors. The vast marshes and all their beauty sit beyond the home, while a block away is walkable Slaughter Beach with its sandy shores and coastline splendor. Large 2-car garage with room for boat storage is a huge plus! Appreciate kayaking with a friend, boating on the water, fishing at your leisure, paddle-boarding amid nature, swimming at the beach, and more. Then relax and enjoy stunning sunsets where the sky is painted brilliant orange with streaks of fire red until the sun seemingly drops into the water! This is life on beach time! Also, take advantage of the community amenities right down the street. Grab a partner and play a round of tennis. Plan a pick-up game of BB. Head down to the marina. Weekday playtime, weekend BBQs are a must! It’s a home that is waiting for just right owner! Make it your own home in Milford!

Last Agent to Sell the Property

Jared Bowers

(302) 494-0214 jared@wfpcc.com Coldwell Banker Realty License #RS-0022724 Listed on: 06/08/2021

Coldwell Banker Realty

Last Buyer's Agent

Jamie Coleman

(302) 344-7158 jcoleman@psre.com Patterson-Schwartz-Rehoboth

Patterson-Schwartz-Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $431

Year Built

  • Built in 1956

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50.00 x 150.00
  • Home fronts navigable water
  • Property is Fully Fenced
  • Landscaped
  • Tidal Wetland on Lot
  • Property is zoned TN

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Stone Driveway
  • Dirt Driveway

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 900 Sq Ft Home
  • Property has 1 Level
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Water Views
  • Crawl Space
  • Attic

Kitchen

  • Gas Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Cedar Closet
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • Property near a bay

Location

  • Flood Risk

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Powered By Leased Propane
  • 200+ Amp Service
  • Tankless Water Heater
  • Propane Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Slaughter Beach Subdivision

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 230-01.00-90.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$431

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1956
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Refrigerator, Oven/Range - Gas, Microwave, Water Heater - Tankless
  • Interior Amenities: Attic, Cedar Closet(s), Combination Kitchen/Dining, Entry Level Bedroom, Window Treatments, Wood Floors
  • Fireplace: No
  • Foundation Details: Crawl Space, Pillar/Post/Pier
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 900
  • Living Area Sq Ft: 900
  • Price Per Sq Ft: 254.44
  • Above Grade Finished Sq Ft: 900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 440

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Roof: Asphalt, Shingle
  • View: Water
  • Water Access: Yes
  • Water Body Name: Great Marsh
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Stone Driveway, Dirt Driveway
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: On Site Septic
  • Water Source: Private

Condo/Co-op/Association

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

Schools

  • School District: MILFORD
  • School District Key: 300200396900
  • School District Source: Listing Agent

Lot Info

  • Fencing: Fully
  • Land Use Code: RS
  • Lot Features: Landscaping, Tidal Wetland
  • Lot Size Acres: 0.17
  • Lot Dimensions: 50.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.00
  • Year Assessed: 2020
  • Zoning: TN
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 396.00
  • Tax Annual Amount: 431.00
  • Assessor Parcel Number: 230-01.00-90.00
  • Tax Lot: 38
  • Tax Total Finished Sq Ft: 900
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/12/2021

MLS Schools

  • School District Name: MILFORD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2021
Closed on
Jul 12, 2021
Sold by
Susan Namovicz Peat Ret
Bought by
Greenwood Douglas D and Greenwood Alexandra L
Seller's Agent
Jared Bowers
Coldwell Banker Realty
Buyer's Agent
Jamie Coleman
Patterson-Schwartz-Rehoboth
List Price
$229,000
Sold Price
$242,000
Premium/Discount to List
$13,000
5.68%
Current Estimated Value
$394,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,421
Avg. Annual Appreciation
7.98%
Original Mortgage
$193,600
Outstanding Balance
$177,701
Interest Rate
2.96%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$156,088
Source: Public Records

Range of Values:

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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
Greenwood Douglas D $242,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greenwood Douglas D $193,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $242,000 +5.7% $269 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $229,000 -- $254 / Sq Ft
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 $415 $7,750 $1,250 $6,500
2023 $431 $7,750 $1,250 $6,500
2022 $424 $7,750 $1,250 $6,500
2021 $429 $7,750 $1,250 $6,500
2020 $431 $7,750 $1,250 $6,500
2019 $434 $7,750 $1,250 $6,500
2018 $436 $7,750 $0 $0
2017 $442 $7,750 $0 $0
2016 $478 $7,750 $0 $0
2015 $337 $7,750 $0 $0
2014 $325 $7,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU184758

Bright MLS

APN: 230-01.00-90.00