$679,900

581 Bay Ave Milford, DE 19963

Estimated payment $3,730/month

Total Views 108,456
4 Beds
1 Bath
1,000 Sq Ft
$680 Price per Sq Ft

Highlights

  • 50 Feet of Waterfront
  • No HOA
  • 1 Car Attached Garage
  • Sandy Beach
  • Cottage
  • 4-minute walk to Marvel Salt Marsh Preserve

About This Home

Quintessential Slaughter Beach Cottage.
Enjoy incredible sunsets and bright Bayfront sunrises from this waterfront cottage. If you are looking to build your dream home or put together an income generating seasonal rental this property has got you covered. The cottage could be brightened and ready for travelers quickly as many of the main mechanicals have been updated. The main level has 4BR and 1 BA with a small eat in kitchen. There is a lower level with garage that is sectioned off and plumbed for kitchen and bath that could be refinished and incorporated in the overall living space. Notable upgrades include 200 amp electric, tankless hot water and gas fired HVAC. Property is Sold In As-Is Condition.

Listing Agent

Terry Coleman

Berkshire Hathaway HomeServices PenFed Realty License #RS-0024573 Listed on: 07/09/2023

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $400

Year Built

  • Built in 1961

Lot Details

  • 0.26 Acre Lot
  • 50 Feet of Waterfront
  • Sandy Beach
  • Property is zoned TN

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Cottage
  • Brick Foundation
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,000 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement
  • Garage Access
  • Instant Hot Water

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • Property near a bay

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • 200+ Amp Service
  • Tankless Water Heater
  • Propane Water Heater
  • Cesspool
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Slaughter Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 330-09.00-45.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$400

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1961
  • Remarks Public: Quintessential Slaughter Beach Cottage. Enjoy incredible sunsets and bright Bayfront sunrises from this waterfront cottage. If you are looking to build your dream home or put together an income generating seasonal rental this property has got you covered. The cottage could be brightened and ready for travelers quickly as many of the main mechanicals have been updated. The main level has 4BR and 1 BA with a small eat in kitchen. There is a lower level with garage that is sectioned off and plumbed for kitchen and bath that could be refinished and incorporated in the overall living space. Notable upgrades include 200 amp electric, tankless hot water and gas fired HVAC. Property is Sold In As-Is Condition.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Brick/Mortar
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Unfinished, Garage Access
  • Total Sq Ft: 1000
  • Living Area Sq Ft: 1000
  • Price Per Sq Ft: 679.90
  • Above Grade Finished Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 581

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame, Concrete, Combination
  • Roof: Metal
  • Water Access: Yes
  • Water Body Name: Delaware Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No
  • Water Frontage In Feet: 50

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: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Instant Hot Water, Tankless, Propane
  • Sewer/Septic System: Cess Pool
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: MILFORD
  • School District Key: 300200396900
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.26
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11326.00
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 400.00
  • Assessor Parcel Number: 330-09.00-45.01

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: MILFORD

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $455 $8,500 $1,500 $7,000
2023 $473 $8,500 $1,500 $7,000
2022 $465 $8,500 $1,500 $7,000
2021 $471 $8,500 $1,500 $7,000
2020 $472 $8,500 $1,500 $7,000
2019 $476 $8,500 $1,500 $7,000
2018 $478 $8,500 $0 $0
2017 $484 $8,500 $0 $0
2016 $540 $8,750 $0 $0
2015 $380 $8,750 $0 $0
2014 $367 $8,750 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2023 08/22/23 Price Changed $679,900 -2.9% $680 / Sq Ft
07/09/2023 07/09/23 For Sale $699,900 -- $700 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $200,000 --
Deed $200,000 --
Source: Public Records

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Source: Bright MLS

MLS Number: DESU2043524

Bright MLS

APN: 330-09.00-45.00