NOT LISTED FOR SALE

515 Kings Hwy Milford, DE 19963

Estimated Value: $518,000 - $570,701

3 Beds
2.5 Baths
2,604 Sq Ft
$209/Sq Ft Est. Value

Last Sold January 25, 2024

Last sale price $525,000 $202 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,013/month

32 Days on Market

Highlights

  • Lake View
  • Traditional Floor Plan
  • No HOA
  • Colonial Architecture
  • 4 Fireplaces
  • Beamed Ceilings

About This Home

As of January 2024

** Accepting Backup Offers.**
Nestled in the charming town of Milford, this exquisite 3 bed, 2.5 bath Colonial residence offers a blend of history and elegance, unrivaled in its distinct character. Crafted as a replica of the renowned Lightfoot House in Williamsburg, Virginia, this home pays homage to a bygone era while providing all the modern comforts.

Every detail has been meticulously considered, from the black and white tile in the foyer, the brass stair runner rods, and red brick exterior that exudes timeless sophistication. As you step inside, you'll be transported to a world of historic charm combined with contemporary convenience.

The heart of the home, the kitchen, boasts unique brick flooring, creating an inviting and warm ambiance. Beautiful wood beams grace the ceilings, adding a touch of rustic elegance. A wood-burning fireplace in the kitchen becomes the focal point, creating a cozy space for gatherings and culinary adventures.

Throughout the home, four wood-burning fireplaces provide a sense of comfort and nostalgia, each offering its own unique atmosphere. There are 3 spacious bedrooms upstairs featuring a primary suite with ample closet space.

A courtyard beckons just outside, offering a private oasis for al fresco dining or quiet contemplation. The two-car garage provides convenience and ample storage, while the basement offers additional space for hobbies, a workshop, or storage needs.

This residence is truly one-of-a-kind, a testament to the owner's impeccable taste and appreciation for historical architecture. Its distinctive design sets it apart, making it a gem in the heart of Delaware. With unparalleled views of the lake and the extraordinary attention to detail, you'll find it impossible to discover another home quite like this.

Don't miss your chance to own a piece of history, combined with the comfort and luxury of modern living. This Colonial masterpiece in Milford awaits a discerning buyer who appreciates the artistry and craftsmanship that went into creating such a remarkable home.

Last Agent to Sell the Property

Aaron Layton

(302) 242-0432 aaronlaytonrealtor@gmail.com Bryan Realty Group Listed on: 11/01/2023

Co-Listed By

Allison Layton

(302) 584-0891 laytonallison95@gmail.com Bryan Realty Group License #RS-0036486

Last Buyer's Agent

Susie Masten

(302) 399-3812 susie@mastenrealty.com MASTEN REALTY LLC License #0036961

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,907

Year Built

  • Built in 1972

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 118.00 x 204.00
  • Property is zoned TN

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 2,604 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Central Vacuum
  • Beamed Ceilings
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Lake Views

Flooring

  • Partially Carpeted
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

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

Community Details

  • No Home Owners Association
  • Haven Lake Acres Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 130-01.19-7.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,907

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Sussex De Quadrants: Between Rt 113 & 13
  • Ownership: Fee Simple
  • Exclusions: Please see seller's disclosure
  • Inclusions: Please see seller's disclosure
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-11-01
  • Federal Flood Zone: No
  • Year Built: 1972
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Partially Carpeted, Tile/Brick
  • Interior Amenities: Central Vacuum, Exposed Beams, Floor Plan - Traditional, Formal/Separate Dining Room, Walk-In Closet(s), Wet/Dry Bar
  • Fireplace Features: Wood
  • Fireplaces Count: 4
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Kitchen, Family Room
  • Basement: Yes
  • Basement Type: Full, Sump Pump
  • Total Sq Ft: 2604
  • Living Area Sq Ft: 2604
  • Price Per Sq Ft: 201.61
  • Above Grade Finished Sq Ft: 2604
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Architectural Shingle
  • View: Lake
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Acres: 0.55
  • Lot Dimensions: 118.00 x 204.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23958.00
  • Zoning: TN
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • School Tax: 1755.00
  • Tax Annual Amount: 1907.00
  • Assessor Parcel Number: 130-01.19-7.00
  • Tax Lot: 19
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: MILFORD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Jan 25, 2024
Sold by
Revocable Trust
Bought by
Reynolds Brian and Sexton Lezley
Seller's Agent
Aaron Layton
Bryan Realty Group
Buyer's Agent
Susie Masten
MASTEN REALTY LLC
List Price
$525,000
Sold Price
$525,000
Views
308
Current Estimated Value
$555,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,262
Avg. Annual Appreciation
1.87%
Original Mortgage
$472,500
Outstanding Balance
$464,668
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$79,257

Purchase Details

Closed on
Jun 18, 2014
Sold by
Barbara H Barbara H
Bought by
Revocable Trust Of Barbara H Dyer Dated
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
Reynolds Brian $525,000 None Listed On Document
Revocable Trust Of Barbara H Dyer Dated -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Brian $472,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2024 01/25/24 Sold $525,000 0.0% $202 / Sq Ft
12/04/2023 12/04/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $525,000 -- $202 / 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 $1,136 $34,300 $3,550 $30,750
2024 $1,837 $34,300 $3,550 $30,750
2023 $1,407 $34,300 $3,550 $30,750
2022 $1,378 $34,300 $3,550 $30,750
2021 $1,500 $34,300 $3,550 $30,750
2020 $1,506 $34,300 $3,550 $30,750
2019 $1,521 $34,300 $3,550 $30,750
2018 $1,531 $34,300 $0 $0
2017 $1,555 $34,300 $0 $0
2016 $1,617 $34,300 $0 $0
2015 $989 $34,300 $0 $0
2014 $939 $34,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2049380

Bright MLS

APN: 130-01.19-7.00