NOT LISTED FOR SALE

504 S Spinnaker Ln Milton, DE 19968

Estimated Value: $185,297 - $290,000

3 Beds
2.5 Baths
640 Sq Ft
$399/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $137,000 $214 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,507/month

82 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Central Heating and Cooling System
  • H.O. Brittingham Elementary School Rated A-
  • 1 Car Attached Garage

About This Home

As of December 2021

Investor alert--In need of upgrades & repair. Property sold as-is and Short Sale Contingent upon the lender's approval.

Last Agent to Sell the Property

Darnise Smith

EXP Realty, LLC License #0024883 Listed on: 02/28/2021

EXP Realty, LLC

Last Buyer's Agent

Robin Palumbo Thompson

Northrop Realty License #RS-0014060

Northrop Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $852

Year Built

  • Built in 2003

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 20.00 x 95.00

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 640 Sq Ft Home
  • Property has 3 Levels
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Shipbuilders Village Subdivision

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number 235-14.00-223.00

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$852

Year Built

Built in 2003

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Remarks Public: Investor alert--In need of upgrades & repair. Property sold as-is and Short Sale Contingent upon the lender's approval.
  • Special Features: 12
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 640
  • Living Area Sq Ft: 640
  • Price Per Sq Ft: 234.38
  • Above Grade Finished Sq Ft: 640
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 504

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • 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
  • School District Key: 300200396895
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 16900.00
  • Land Assessed Value: 1200.00
  • Land Use Code: RS
  • Lot Size Acres: 0.04
  • Lot Dimensions: 20.00 x 95.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Year Assessed: 2021
  • Zoning: TN
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5170091
  • School Tax: 772.00
  • Tax Annual Amount: 852.00
  • Assessor Parcel Number: 235-14.00-223.00
  • Tax Lot: 57
  • Tax Total Finished Sq Ft: 640
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 12/20/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2021
Closed on
Dec 20, 2021
Sold by
Frazier Gary C
Bought by
Kretova Yelena
Seller's Agent
Darnise Smith
EXP Realty, LLC
Buyer's Agent
Robin Palumbo Thompson
Northrop Realty
List Price
$140,000
Sold Price
$137,000
Premium/Discount to List
-$3,000
-2.14%
Total Days on Market
82
Current Estimated Value
$255,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,324
Avg. Annual Appreciation
16.61%
Original Mortgage
$102,750
Outstanding Balance
$95,659
Interest Rate
3.11%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$137,511
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 Buyer Sale Price Title Company
Kretova Yelena $137,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kretova Yelena $102,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $137,000 -8.7% $214 / Sq Ft
11/15/2021 11/15/21 Price Changed $150,000 +7.1% $234 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $140,000 +2.2% $219 / Sq Ft
05/06/2021 05/06/21 Off Market $137,000 -- --
04/21/2021 04/21/21 Price Changed $140,000 +7.7% $219 / Sq Ft
02/28/2021 02/28/21 For Sale $130,000 -- $203 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
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 $892 $18,100 $1,200 $16,900
2023 $891 $18,100 $1,200 $16,900
2022 $860 $18,100 $1,200 $16,900
2021 $852 $18,100 $1,200 $16,900
2020 $850 $18,100 $1,200 $16,900
2019 $851 $18,100 $1,200 $16,900
2018 $795 $18,100 $0 $0
2017 $761 $18,100 $0 $0
2016 $723 $18,100 $0 $0
2015 $691 $18,100 $0 $0
2014 $686 $18,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU178070

Bright MLS

APN: 235-14.00-223.00