NOT LISTED FOR SALE

612 Federal St Milton, DE 19968

Estimated Value: $262,074 - $304,000

4 Beds
1 Bath
1,331 Sq Ft
$214/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $260,000 $195 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,551/month

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • No HOA
  • Milton Elementary School Rated A
  • Sun or Florida Room
  • Porch

About This Home

As of February 2022

You've now discovered you can work from home and don't need to live elbow-to-elbow with millions of neighbors, and you've been wanting to escape the hustle and bustle of big city life. Here is your opportunity. This wonderful home in the town of Milton offers high speed Comcast internet and cable, 4 bedrooms and 1 bath, (main bedroom and bath on entry level) a separate living room, dining room, and a screen in porch. This is a terrific opportunity to own a rental or live in as your permanent residence. First-time buyer or downsizing for those retirement years? Perfect! Several recent upgrades and improvements to this home include; remodeled kitchen, new appliances, hardwood flooring throughout the whole house, remodeled bathroom, new paint, installed an outside shower, new shed, encapsulated crawlspace and installed a dehumidifier, installed ductless HVAC mini splits in the house, refinished the stairs and floors upstairs, and screened in the porch. Public water and sewer so no well or septic to contend with. The county taxes are ridiculously low at $416 a year (including school tax) and the city tax is $409 a year for a whopping $826 a year in total taxes! Coming from other Mid-Atlantic states where you might be paying 10 to 20 times that amount, think what you could do with the tax savings alone! Take that long awaited vacation, buy that new car, or save for your golden years! No HOA, No land lease, and not in a flood zone. The parcel is 50'road frontage and 166' deep; 2/10 acres. Walk to all the town amenities, easy scoot to the grocery store in town. A stone's throw to Diamond Pond and Wagamons Pond, and a 15 minute drive to the best 5-star beaches on the coast.

Last Agent to Sell the Property

Thomas Lucks

(302) 632-7407 tpslucks@gmail.com Keller Williams Realty License #RA-0020851 Listed on: 12/01/2021

Keller Williams Realty

Last Buyer's Agent

Nancy DellaVecchio

(610) 636-6065 nancydell@comcast.net NextHome Tomorrow Realty License #RS-0020653

NextHome Tomorrow Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $744

Year Built

  • Built in 1950

Lot Details

  • 8,750 Sq Ft Lot
  • Additional Parcels
  • Property is in very good condition
  • Property is zoned TC

Home Design

  • Cape Cod Architecture
  • Bungalow
  • Block Foundation
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,331 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Gas Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • Stone Driveway
  • On-Street Parking

Outdoor Features

  • Outdoor Shower
  • Shed
  • Porch

Utilities

  • Central Heating and Cooling System
  • 110 Volts
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 235-20.11-7.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$744

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow, Cape Cod
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: AllAppliances
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-12-02
  • Federal Flood Zone: No
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer - Electric, Oven/Range - Gas, Washer, Refrigerator, Water Heater, Microwave
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Foundation Details: Block, Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Kitchen, Sun/Florida Room, Laundry, Additional Bedroom
  • Basement: No
  • Total Sq Ft: 1331
  • Living Area Sq Ft: 1331
  • Price Per Sq Ft: 195.34
  • Above Grade Finished Sq Ft: 1331
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Stick Built
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Stone Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 110 Volts
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: Yes
  • Lot Size Acres: 0.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8750.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Very Good
  • Zoning: TC
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5172712
  • Tax Annual Amount: 743.76
  • Assessor Parcel Number: 235-20.11-7.00
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Feb 4, 2022
Sold by
Dearmitt Justin C
Bought by
Warrell William A
Seller's Agent
Thomas Lucks
Keller Williams Realty
Buyer's Agent
Nancy DellaVecchio
NextHome Tomorrow Realty
List Price
$260,000
Sold Price
$260,000
Current Estimated Value
$284,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,769
Avg. Annual Appreciation
2.47%

Purchase Details

Closed on
Sep 13, 2019
Sold by
Kc America Inc
Bought by
Dearmitt Justin C and Dearmitt Alexis O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 1998
Bought by
Atlantis Industries Inc
Source: Public Records

Range of Values:

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Average Value
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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
Warrell William A $260,000 Parsons & Robinson Pa
Dearmitt Justin C $125,000 --
Atlantis Industries Inc $68,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dearmitt Justin C $118,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2022 02/04/22 Sold $260,000 0.0% $195 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $260,000 -- $195 / 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 $685 $8,850 $1,050 $7,800
2024 $436 $8,850 $1,050 $7,800
2023 $436 $8,850 $1,050 $7,800
2022 $421 $8,850 $1,050 $7,800
2021 $417 $8,850 $1,050 $7,800
2020 $415 $8,850 $1,050 $7,800
2019 $416 $8,850 $1,050 $7,800
2018 $389 $8,850 $0 $0
2017 $372 $8,850 $0 $0
2016 $354 $8,850 $0 $0
2015 $338 $8,850 $0 $0
2014 $335 $8,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2010230

Bright MLS

APN: 235-20.11-7.00