NOT LISTED FOR SALE

505 Kings Hwy Milford, DE 19963

Estimated Value: $617,000 - $766,000

5 Beds
4.5 Baths
5,023 Sq Ft
$134/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $535,000 $107 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,641/month

53 Days on Market

Highlights

  • Private Pool
  • Lake View
  • Dual Staircase
  • Gourmet Kitchen
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of August 2021

GORGEOUS, RECENTLY RENOVATED, 5,000+ Square Ft, 5 Bedroom, 4 1/2 Bath Estate Home Situated on .82 acres With Lake View In Haven Lake Acres. Upon Arriving You Will Find A Nicely Maintained Lawn And A Front Porch. Upon Entering You Are Greeted By A HUGE Formal Living Room With Gas Fireplace And Built In Bookcases. The Dining Area Has Upgraded Cabinetry With Wine Rack, Granite And Opens To The Chef's Delight Kitchen. Where Do We Begin? There Is An 11 Foot Granite Covered Island Which Can Comfortably Seat 6 People - Includes A Farmhouse Sink, Dishwasher And In Drawer Microwave. All Appliances Are Stainless Steel Samsung Smart Flex Zone. The Refrigerator Has A Top Drawer And Freezer Drawer. There Is A 5 Burner Induction Cook Top With Range Hood, Double Oven With Convection/Air Fryer. An Additional Farmhouse Sink, Decorative Backsplash, Self Closing Drawers, Recessed And Pendant Lighting. The Butler Pantry Is Right Off The Kitchen With Upgraded Cabinetry, Granite Counter, A Wine Rack And A Beverage Fridge. This Leads Right Into The Den With Wood Burning Fireplace And Then Into The VERY SPACIOUS Conservatory With Lots Of Natural Lighting And A New Door Leading Into The Backyard. There Is A Primary Bedroom With A Walk In Closet With Closet System, Updated Bathroom With Deluxe Spa Shower-Several Shower Heads, Tile Floors And Double Vanity. Also, On This Level Is A Separate Room With A Hot Tub And Full Bathroom, A 4 Season Room With Heated Flooring And Separate HVAC Unity(Propane Heat)And A 1/2 Bath. Upstairs You Will Find 3 Additional Bedrooms Which Includes An Additional Primary Bedroom With Sitting Area And A Bathroom With Surround Tile Shower and Tile Flooring, A Full Hall Bath With Tub/Shower Combo, Decorative Tile Flooring And A Vanity. An Area In The Attic That Runs The Length Of The House That Currently Houses A Cedar Closet And Storage Area. The Backyard Is Fenced AND Has A POOL With TiKi Bar And A Full Bathroom!!! Other Features Of This AMAZING Home Include All New Lighting Fixtures On Remote, Upgraded Electrical And Plumbing Systems, Brand New Sewer Lines, Replaced Doors, 3 Zone HVAC Areas(Heat Pump). 3 Car Garage - Only Using 2. 3rd Is For Storage- BONUS Room Above Garage, Hardwoods Thru Out, New Vinyl Fence, New Gutters & Fascia And Brand New Appliances With Extended Warranties Including a New SMART 80 Gallon Water Heater And A New $6,000 Pool Cover. Home Is Conveniently Located within 10 mins From The Beach, An Hour Away From Ocean City, MD ,Close To Shopping And All Major Roads THIS HOME IS A MUST SEE! Make Your Appointment To Tour This Beauty Today!

Last Agent to Sell the Property

Melody Davis

(302) 981-2521 memonihomes@yahoo.com RE/MAX 1st Choice - Middletown License #R3-0018501 Listed on: 06/04/2021

Last Buyer's Agent

LINDA MUELLER

(302) 245-0741 lindaatthebeach@aol.com BETHANY AREA REALTY LLC License #RS-0014293

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,810

Year Built

  • Built in 1957 | Remodeled in 2020

Lot Details

  • 0.82 Acre Lot
  • Lot Dimensions are 256.00 x 158.00
  • Vinyl Fence
  • Back Yard Fenced
  • Decorative Fence
  • Property is in excellent condition
  • Property is zoned TN

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • Fenced Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Chimney Cap

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Dual Staircase
  • Beamed Ceilings
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 1 Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Hobby Room
  • Sun or Florida Room
  • Efficiency Studio
  • Lake Views
  • Partial Basement
  • Attic

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Double Oven
  • Built-In Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Front Loading Dryer
  • Front Loading Washer

Pool

  • Private Pool
  • Spa
  • Pool Equipment Shed

Utilities

  • Central Air
  • Hot Water Heating System
  • Electric Water Heater

Additional Features

  • Energy-Efficient Appliances
  • Exterior Lighting

Community Details

  • No Home Owners Association
  • Haven Lake Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 130-01.19-11.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,810

Year Built

Built in 1957 | Remodeled in 2020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 113 & 13
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: 3 sets of Front Loading Washer and Dryer, All Light Fixtures, Kitchen Appliances
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-06-04
  • Federal Flood Zone: No
  • Year Built: 1957
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Dryer - Front Loading, Energy Efficient Appliances, Icemaker, Oven - Double, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Water Heater
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Attic, Additional Stairway, Breakfast Area, Ceiling Fan(s), Dining Area, Efficiency, Exposed Beams, Family Room Off Kitchen, Floor Plan - Open, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Skylight(s), Stall Shower, Tub Shower, Walk-In Closet(s), Wood Floors, Whirlpool/Hottub
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Den, Bedroom 1, Sun/Florida Room, Laundry, Bathroom 1, Attic, Bonus Room, Hobby Room
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Main Floor, Upper Floor
  • Total Sq Ft: 5023
  • Living Area Sq Ft: 5023
  • Price Per Sq Ft: 143.72
  • Above Grade Finished Sq Ft: 4000
  • Below Grade Finished Sq Ft: 1023
  • Total Below Grade Sq Ft: 1023
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Pool Equipment Shed
  • Construction Materials: Brick
  • Exterior Features: Chimney Cap(s), Exterior Lighting, Hot Tub
  • Spa: No
  • View: Lake
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway, Fenced
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Hot Water
  • 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 Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Rear, Vinyl, Decorative
  • Lot Size Acres: 0.82
  • Lot Dimensions: 256.00 x 158.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 35719.00
  • Property Condition: Excellent
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5086036
  • School Tax: 2585.00
  • Tax Annual Amount: 2810.00
  • Assessor Parcel Number: 130-01.19-11.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MILFORD

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2021 08/31/21 Sold $535,000 -6.9% $107 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
07/08/2021 07/08/21 Price Changed $574,900 -3.4% $114 / Sq Ft
06/14/2021 06/14/21 Price Changed $595,000 -7.8% $118 / Sq Ft
06/04/2021 06/04/21 For Sale $645,000 +90.3% $128 / Sq Ft
09/30/2019 09/30/19 Sold $339,000 -12.9% $72 / Sq Ft View Prior Sale
08/12/2019 08/12/19 Pending -- -- --
07/01/2019 07/01/19 Price Changed $389,000 -2.5% $82 / Sq Ft
01/01/2019 01/01/19 For Sale $399,000 -- $84 / 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 $1,347 $22,900 $0 $22,900
2024 $1,054 $22,900 $0 $22,900
2023 $1,053 $22,900 $0 $22,900
2022 $1,036 $22,900 $0 $22,900
2021 $1,005 $22,900 $0 $22,900
2020 $959 $22,900 $0 $22,900
2019 $955 $22,900 $0 $22,900
2018 $964 $25,500 $0 $0
2017 $972 $25,500 $0 $0
2016 $857 $25,500 $0 $0
2015 $883 $25,500 $0 $0
2014 $870 $25,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU184372

Bright MLS

APN: 134-17.00-41.00-56038