$645,000
SOLD MAR 12, 2020

503 N Bay Shore Dr Milton, DE 19968

4 Beds
3.5 Baths
2,500 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$258 Per Sq Ft

3% Below List Price

30 Days on Market

Highlights

  • Open Floorplan
  • Coastal Architecture
  • Vaulted Ceiling
  • H.O. Brittingham Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of December 2020

This beautiful home in Broadkill Beach features 4 bedrooms, 3.5 bathrooms, and 2 master suites. The inverted floor plan provides vivid views of the beach, Prime Hook National Wildlife Refuge, and the Delaware Bay, while the rooftop crow's nest allows you to easily watch ships on the bay and sunsets over the refuge. The ground-floor entry has a tile floor, storage room, coat closet, and covered access to both the 2-car carport and outdoor shower. On the first level, you will find 2 bedrooms, a spacious full bathroom, a laundry room, and an enormous master suite which features both a private screened porch and an en-suite bathroom with jetted tub. The main living level, which offers a second screened porch, is bright, open, and airy. Vaulted ceilings and large windows allow for abundant natural light and views of the bay. The kitchen boasts wood cabinetry, granite counters, stainless steel appliances, a large breakfast bar, and open access to the living and dining rooms. A quiet reading nook, powder room, and second master suite complete this level. Enjoy many vibrant sunrises and sunsets on the rooftop deck. This property is one short block to the sand no need to even wear shoes! Broadkill Beach is a quiet alternative to the hustle and bustle of the beaches to its south, yet it is only a short drive to a number of amazing restaurants and entertainment opportunities. The beach is pet-friendly all year and is a great place for an evening bonfire with friends and neighbors. This home is being offered fully furnished and has a lucrative rental history; it averages $40K $50K in seasonal income and is almost completely booked for Summer 2020. Schedule your private tour today!

Last Agent to Sell the Property

Carrie Lingo

Jack Lingo - Lewes License #RS-0017885 Listed on: 01/20/2020

Jack Lingo - Lewes

Co-Listed By

Riess Livaudais

Jack Lingo - Lewes License #RS-0022492

Last Buyer's Agent

Daniel Dellegrotti

Compass License #RS-0023379

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,763

Year Built

  • Built in 2007

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 100.00 x 50.00
  • Property is zoned MR 232

Parking

  • Driveway

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 2,500 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Screens
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Multiple Balconies
  • Deck
  • Screened Patio
  • Outdoor Grill

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Water Heater
  • Mound Septic

Community Details

  • No Home Owners Association
  • Broadkill Beach Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 14
  • Assessor Parcel Number 235-03.16-90.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,763

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2020-01-27
  • Federal Flood Zone: Yes
  • Year Built: 2007
  • Remarks Public: This beautiful home in Broadkill Beach features 4 bedrooms, 3.5 bathrooms, and 2 master suites. The inverted floor plan provides vivid views of the beach, Prime Hook National Wildlife Refuge, and the Delaware Bay, while the rooftop crow's nest allows you to easily watch ships on the bay and sunsets over the refuge. The ground-floor entry has a tile floor, storage room, coat closet, and covered access to both the 2-car carport and outdoor shower. On the first level, you will find 2 bedrooms, a spacious full bathroom, a laundry room, and an enormous master suite which features both a private screened porch and an en-suite bathroom with jetted tub. The main living level, which offers a second screened porch, is bright, open, and airy. Vaulted ceilings and large windows allow for abundant natural light and views of the bay. The kitchen boasts wood cabinetry, granite counters, stainless steel appliances, a large breakfast bar, and open access to the living and dining rooms. A quiet reading nook, powder room, and second master suite complete this level. Enjoy many vibrant sunrises and sunsets on the rooftop deck. This property is one short block to the sand no need to even wear shoes! Broadkill Beach is a quiet alternative to the hustle and bustle of the beaches to its south, yet it is only a short drive to a number of amazing restaurants and entertainment opportunities. The beach is pet-friendly all year and is a great place for an evening bonfire with friends and neighbors. This home is being offered fully furnished and has a lucrative rental history; it averages $40K $50K in seasonal income and is almost completely booked for Summer 2020. Schedule your private tour today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Dryer, Oven - Wall, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Ceramic Tile, Carpet, Hardwood
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Crown Moldings, Family Room Off Kitchen, Floor Plan - Open, Primary Bath(s), Bathroom - Stall Shower, Bathroom - Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Window Features: Screens, Storm
  • Fireplace: No
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Pilings
  • Levels Count: 3+
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Great Room, Bathroom 2, Bathroom 3, Primary Bathroom
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2500
  • Price Per Sq Ft: 265.00
  • Above Grade Finished Sq Ft: 2500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 503

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 3.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Exterior Features: Bbq Grill, Outside Shower
  • Roof: Asphalt, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Under Home Parking
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Security: Smoke Detector
  • Sewer/Septic System: Mound System
  • Water Source: Private

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

  • Land Use Code: RS
  • Lot Size Acres: 0.11
  • Lot Dimensions: 100.00 x 50.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Outdoor Living Structures: Deck(s), Balconies- Multiple, Screened
  • Year Assessed: 2019
  • Zoning: MR 232
  • In City Limits: No

Rental Info

  • Total Actual Rent: 40857.00
  • Vacation Rental: Yes

Tax Info

  • School Tax: 1596.00
  • Tax Annual Amount: 1763.00
  • Assessor Parcel Number: 235-03.16-90.00
  • Tax Lot: 14
  • Tax Total Finished Sq Ft: 1029
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 03/12/2020

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Dec 30, 2020
Sold by
Churchman William M
Bought by
Snyder Eric A and Snuder Candice L
Seller's Agent
Ryan Haley
Atlantic Shores Sotheby's International Realty
Buyer's Agent
Gabrielle Fisher
Iron Valley Real Estate at The Beach
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%
Current Estimated Value
$924,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,238
Avg. Annual Appreciation
7.19%
Original Mortgage
$235,000
Outstanding Balance
$211,174
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$687,790

Purchase Details

Listed on
Jan 20, 2020
Closed on
Mar 9, 2020
Sold by
Old Fields East Llc
Bought by
Churchman William M
Seller's Agent
Carrie Lingo
Jack Lingo - Lewes
Buyer's Agent
Daniel Dellegrotti
Compass
List Price
$662,500
Sold Price
$645,000
Premium/Discount to List
-$17,500
-2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.97%

Purchase Details

Closed on
Jul 3, 2015
Sold by
Fenwick Matthew J and Fenwick William B
Bought by
Old Fields East Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2015
Sold by
Old Fields East Llc
Bought by
Fenwick Matthew J and Fenwick William B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.78%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $650,000 None Available
Deed $645,000 None Available
Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $235,000 New Conventional
Previous Owner $175,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2020 12/30/20 Sold $650,000 -3.7% $260 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $675,000 +4.7% $270 / Sq Ft
03/12/2020 03/12/20 Sold $645,000 -2.6% $258 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
01/20/2020 01/20/20 For Sale $662,500 -- $265 / 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 $1,848 $37,500 $1,250 $36,250
2023 $1,847 $37,500 $1,250 $36,250
2022 $1,782 $37,500 $1,250 $36,250
2021 $1,766 $37,500 $1,250 $36,250
2020 $1,761 $37,500 $1,250 $36,250
2019 $1,763 $37,500 $1,250 $36,250
2018 $1,647 $37,500 $0 $0
2017 $1,577 $37,500 $0 $0
2016 $1,498 $37,500 $0 $0
2015 $1,431 $37,500 $0 $0
2014 $1,421 $37,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU154324

Bright MLS

APN: 235-03.16-90.00