NOT LISTED FOR SALE

507 Marshall St Milford, DE 19963

Estimated Value: $256,000 - $286,094

3 Beds
1.5 Baths
1,120 Sq Ft
$237/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $210,000 $188 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,443/month

38 Days on Market

Highlights

  • Rambler Architecture
  • Attic
  • No HOA
  • Main Floor Bedroom
  • Corner Lot
  • 2 Car Detached Garage

About This Home

As of December 2021

The perfect starter home. This 3 bedroom, 1.5 bath home is ready for a new owner with a vision. Situated on an oversized corner lot, there are many options for additional living and outdoor space to be added to this home. The home has been rented for the last 25 years by the same tenant. They always kept the home clean, but it is in need of some updates. The home is ready for immediate occupancy.

Last Agent to Sell the Property

Steven Rowan

sarowan0709@gmail.com Jack Lingo - Rehoboth Listed on: 10/01/2021

Jack Lingo - Rehoboth

Last Buyer's Agent

Elaine Davidson

(267) 304-1550 elainedavidson@comcast.net RE/MAX Advantage Realty License #611737

RE/MAX Advantage Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,319

Year Built

  • Built in 1974

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 100.00 x 251.00
  • Corner Lot
  • Open Lot
  • Cleared Lot
  • Property is in average condition
  • Property is zoned TN

Parking

  • 2 Car Detached Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • On-Street Parking

Home Design

  • Rambler Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • Property has 1 Level
  • Paneling
  • Ceiling Fan
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Attic

Kitchen

  • Electric Oven or Range
  • Range Hood

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 330-11.05-206.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,319

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1974
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Water Heater, Oven/Range - Electric, Range Hood, Refrigerator
  • Flooring Type: Laminated, Carpet
  • Interior Amenities: Attic, Ceiling Fan(s), Carpet, Combination Kitchen/Dining, Entry Level Bedroom, Family Room Off Kitchen
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Paneled Walls
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1120
  • Living Area Sq Ft: 1120
  • Price Per Sq Ft: 191.83
  • Above Grade Finished Sq Ft: 1120
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Frame, Aluminum Siding
  • Exterior Features: Sidewalks
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • 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
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Corner, Cleared, Open
  • Lot Size Acres: 0.55
  • Lot Dimensions: 100.00 x 251.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23958.00
  • Outdoor Living Structures: Screened, Porch(es)
  • Property Condition: Average
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 632.00
  • Tax Annual Amount: 1319.00
  • Assessor Parcel Number: 330-11.05-206.01
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: MILFORD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Dec 29, 2021
Sold by
Marshall Street Holdings Llc
Bought by
Mckelvey James G
Seller's Agent
Steven Rowan
Jack Lingo - Rehoboth
Buyer's Agent
Elaine Davidson
RE/MAX Advantage Realty
List Price
$224,850
Sold Price
$210,000
Premium/Discount to List
-$14,850
-6.6%
Current Estimated Value
$265,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,774
Avg. Annual Appreciation
6.03%
Original Mortgage
$210,000
Outstanding Balance
$193,818
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$71,956

Purchase Details

Closed on
Dec 9, 2010
Bought by
Marshall Street Holdings Llc

Purchase Details

Closed on
Nov 30, 2010
Bought by
Marshall Street Holdings Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mckelvey James G $210,000 Brennan Title
Marshall Street Holdings Llc -- --
Marshall Street Holdings Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckelvey James G $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2021 12/30/21 Sold $210,000 -2.3% $188 / Sq Ft
10/28/2021 10/28/21 Price Changed $214,850 -4.4% $192 / Sq Ft
10/01/2021 10/01/21 For Sale $224,850 -- $201 / 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 $657 $12,400 $2,000 $10,400
2024 $664 $12,400 $2,000 $10,400
2023 $689 $12,400 $2,000 $10,400
2022 $679 $12,400 $2,000 $10,400
2021 $687 $12,400 $2,000 $10,400
2020 $689 $12,400 $2,000 $10,400
2019 $695 $12,400 $2,000 $10,400
2018 $698 $12,400 $0 $0
2017 $707 $12,400 $0 $0
2016 $765 $12,400 $0 $0
2015 $538 $12,400 $0 $0
2014 $520 $12,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Steven Rowan

    Jack Lingo - Rehoboth

    Section Image
  • Elaine Davidson

    Buyer's Agent in 2021

    Elaine Davidson

    RE/MAX

    (267) 304-1550

    6 in this area

    87 Total Sales

    Elaine Davidson
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2007632

Bright MLS

APN: 330-11.05-206.01

Delaware Sussex County Milford 19963

507 Marshall St, Milford, DE

Not Listed for Sale

Detached

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