NOT LISTED FOR SALE

502 Union St Milton, DE 19968

Estimated Value: $343,098 - $485,000

4 Beds
2 Baths
2,400 Sq Ft
$160/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $341,200 $142 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,086/month

6 Days on Market

Highlights

  • View of Trees or Woods
  • Colonial Architecture
  • Traditional Floor Plan
  • H.O. Brittingham Elementary School Rated A-
  • Wood Burning Stove
  • Backs to Trees or Woods

About This Home

As of December 2023

Looking for a classic property to restore and enjoy, then look no further. Property sits in idyllic Milton, within walking distance of the best the town has to offer. Home could use a complete make over yet offers great foundation with tons of potential for the right person who can see its charm. Bring your ideas and turn this quaint home into your dream cottage.

Property being sold AS IS - Seller will make no repairs. Seller requests to be on all showing appointments.

Last Agent to Sell the Property

Dustin Oldfather

(302) 249-5899 Dustin@TheOldfatherGroup.com Compass License #RS-0017091 Listed on: 10/30/2023

Compass

Co-Listed By

Martina McCrea

(443) 452-9909 martina@theoldfathergroup.com Compass License #RS0036542

Last Buyer's Agent

Jamie Riddle

(302) 752-0828 jamieriddle@gotogallo.com Archie Brokerage Services, LLC License #5017131

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $742

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60.00 x 190.00
  • Open Space
  • Picket Fence
  • Partially Fenced Property
  • Backs to Trees or Woods
  • Property is zoned TN

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Batts Insulation
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Stick Built Home

Interior Spaces

  • 2,400 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Paneling
  • Ceiling Fan
  • Wood Burning Stove
  • Non-Functioning Fireplace
  • Views of Woods
  • Attic

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Extra Refrigerator or Freezer

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Interior Basement Entry
  • Crawl Space

Outdoor Features

  • Shed
  • Porch

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 235-14.15-15.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$742

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Shed
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-10-30
  • Federal Flood Zone: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Looking for a classic property to restore and enjoy, then look no further. Property sits in idyllic Milton, within walking distance of the best the town has to offer. Home could use a complete make over yet offers great foundation with tons of potential for the right person who can see its charm. Bring your ideas and turn this quaint home into your dream cottage. Property being sold AS IS - Seller will make no repairs. Seller requests to be on all showing appointments.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Exhaust Fan, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Water Heater, Extra Refrigerator/Freezer, Washer, Dryer
  • Flooring Type: Hardwood, Vinyl
  • Interior Amenities: Ceiling Fan(s), Floor Plan - Traditional, Tub Shower, Attic
  • Fireplace Features: Non-Functioning
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Paneled Walls
  • Foundation Details: Concrete Perimeter, Crawl Space
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Interior Access, Unfinished
  • Total Sq Ft: 2400
  • Living Area Sq Ft: 2400
  • Price Per Sq Ft: 135.42
  • Above Grade Finished Sq Ft: 2400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 502

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Stick Built, Batts Insulation, Shingle Siding
  • Spa: No
  • View: Street, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Oil
  • Heating Type: 90% Forced Air, Wood Burn Stove
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Picket, Partially
  • Land Use Code: 999
  • Lot Features: Backs To Trees, Adjoins - Open Space
  • Lot Size Acres: 0.20
  • Lot Dimensions: 60.00 x 190.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8712.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2022
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 336.00
  • Tax Annual Amount: 742.00
  • Assessor Parcel Number: 235-14.15-15.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/22/2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2024
Sold by
Munzert Henry F
Bought by
502 Associates Llc
Current Estimated Value
$383,025

Purchase Details

Listed on
Oct 30, 2023
Closed on
Dec 22, 2023
Sold by
Krasnoff David N
Bought by
Munzert Henry F
Seller's Agent
Dustin Oldfather
Compass
Buyer's Agent
Jamie Riddle
Archie Brokerage Services, LLC
List Price
$325,000
Sold Price
$341,200
Premium/Discount to List
$16,200
4.98%
Views
63

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.56%
Original Mortgage
$260,000
Interest Rate
7.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2019
Sold by
Horn Maury R
Bought by
Krasnoff David N

Purchase Details

Closed on
Nov 9, 2018
Sold by
Horn Daria and Horn Maury R
Bought by
Horn Daria and Horn Maury R

Purchase Details

Closed on
Sep 5, 1984
Bought by
Horn Daria and Horn Maury R
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
502 Associates Llc -- None Listed On Document
Munzert Henry F $341,200 None Listed On Document
Krasnoff David N $8,700 --
Horn Daria -- --
Horn Daria -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Munzert Henry F $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2023 12/22/23 Sold $341,200 +5.0% $142 / Sq Ft
10/30/2023 10/30/23 For Sale $325,000 -- $135 / 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
2025 $727 $8,700 $1,500 $7,200
2024 $384 $8,700 $1,500 $7,200
2023 $227 $8,700 $1,500 $7,200
2022 $216 $8,700 $1,500 $7,200
2021 $212 $8,700 $1,500 $7,200
2020 $366 $8,700 $1,500 $7,200
2019 $409 $8,700 $1,500 $7,200
2018 $382 $8,700 $0 $0
2017 $366 $8,700 $0 $0
2016 $348 $8,700 $0 $0
2015 $332 $8,700 $0 $0
2014 $325 $8,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2050458

Bright MLS

APN: 235-14.15-15.00