NOT LISTED FOR SALE

503 Federal St Milton, DE 19968

Estimated Value: $316,000 - $424,000

1 Bed
1 Bath
-- Sq Ft
7,749 Sq Ft Lot

Last Sold July 11, 2014

Last sale price $115,000

Est. 233% increase in value since last sale

Current estimated payment $2,088/month

Highlights

  • Saltbox Architecture
  • Wood Flooring
  • Attic
  • Milton Elementary School Rated A
  • Main Floor Bedroom
  • No HOA

About This Home

As of July 2014

Large well built home situated within the town limits of Milton. Walk to downtown Milton with shopping and dining. Home has been partially remodeled on the first floor. Second floor is in need of a complete remodel. Property is being sold as is. No warranties expressed or implied.

Last Agent to Sell the Property

LISA HERSHELMAN

(302) 245-5731 lisa@indianriverland.com INDIAN RIVER LAND CO License #RS-0010255 Listed on: 04/28/2014

Last Buyer's Agent

LISA HERSHELMAN

(302) 245-5731 lisa@indianriverland.com INDIAN RIVER LAND CO License #RS-0010255 Listed on: 04/28/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,022

Year Built

  • Built in 1931

Lot Details

  • 7,749 Sq Ft Lot
  • Lot Dimensions are 63x123
  • Cleared Lot

Home Design

  • Saltbox Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Window Treatments
  • Window Screens
  • Living Room
  • Dining Room
  • Attic

Kitchen

  • Country Kitchen
  • Electric Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Parking

  • Stone Driveway
  • Off-Street Parking

Utilities

  • Central Air
  • Heating System Uses Oil
  • Electric Water Heater

Additional Features

  • Enclosed Patio or Porch
  • Flood Risk

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 235-20.11-41.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,022

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Salt Box
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1931
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Water Heater
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior Amenities: Attic, Kitchen - Country, Entry Level Bedroom, Window Treatments
  • Window Features: Screens
  • Fireplace: No
  • Foundation Details: Block
  • Level Count: 2
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Construction Materials: Stick Built, Brick, Vinyl Siding
  • Construction Completed: Yes
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Stone Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Oil
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 560.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.18
  • Lot Dimensions: 63x123
  • Lot Size Units: Acres
  • Lot Sq Ft: 7749.00
  • Outdoor Living Structures: Porch(es), Enclosed
  • In City Limits: Yes

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5172656
  • Tax Annual Amount: 1022.00
  • Assessor Parcel Number: 235-20.11-41.00
  • County Tax Payment Frequency: Annually

Multi Family

  • Income Expense List: Total Tax Bill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2014
Closed on
Jul 18, 2014
Sold by
Ronald L Ronald L
Bought by
Cobretti Llc
Seller's Agent
LISA HERSHELMAN
INDIAN RIVER LAND CO
Buyer's Agent
LISA HERSHELMAN
INDIAN RIVER LAND CO
List Price
$115,000
Sold Price
$115,000
Current Estimated Value
$383,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,108
Avg. Annual Appreciation
11.24%

Purchase Details

Listed on
Apr 28, 2014
Closed on
Jul 11, 2014
Sold by
Ronald L Ronald L
Bought by
Cobretti Llc
Seller's Agent
LISA HERSHELMAN
INDIAN RIVER LAND CO
Buyer's Agent
LISA HERSHELMAN
INDIAN RIVER LAND CO
List Price
$115,000
Sold Price
$115,000
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
Cobretti Llc $115,000 --
Cobretti Llc $115,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2014 07/11/14 Sold $115,000 0.0% --
06/20/2014 06/20/14 Pending -- -- --
04/28/2014 04/28/14 For Sale $115,000 -- --
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
2025 $997 $11,450 $1,150 $10,300
2024 $564 $11,450 $1,150 $10,300
2023 $564 $11,450 $1,150 $10,300
2022 $544 $11,450 $1,150 $10,300
2021 $539 $11,450 $1,150 $10,300
2020 $538 $11,450 $1,150 $10,300
2019 $538 $11,450 $1,150 $10,300
2018 $503 $11,450 $0 $0
2017 $482 $11,450 $0 $0
2016 $457 $11,450 $0 $0
2015 $437 $11,450 $0 $0
2014 $434 $11,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000981994

Bright MLS

APN: 235-20.11-41.00