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494 Bay Ave, Milford, DE, 19963

$325,000

Home List Price

$3,859*

Closing Credit

5 Bedrooms
1 Full Bath
1,080 SqFt
$301/SqFt
House
Schools Nearby

Location

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494 Bay Ave, Milford$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingGarage - Front Entry, Asphalt Driveway, Detached Garage, Driveway
Garage1 space
Year Built1974
HeatingOther
CoolingWall Unit(s), Window Unit(s)
ViewCreek/Stream
MLS #DESU2057224
Lot Size0.34 Acres
StatusActive
(ACTIVE)

About 494 Bay Ave

This Beach Cottage is furnished and set up for family gatherings at the beach. There is a garage to store all the beach chairs and toys. You have views of the wetlands, creek, and beautiful sunsets. The access path to the beach is nearby. The kitchen has a breakfast area with a gas stove. There is an extra refrigerator and freezer. The kitchen sink window offers sunset views. The large living room offers plenty of seating. There are five rooms for sleeping. No closets in them but just enough room for the bed. This detached home was converted from a mobile home with the added side addition. Low maintenance with a metal roof that was added in 2008 and vinyl siding. Replaced windows in 2005. There are two wall air condition units. One propane wall-mounted heater. Use the home like it is or make it your own. There is a septic system or cesspool now but sewer lines are beginning to be installed. Owners are responsible for paying for the connection. There is a local meeting on March 16th, 2024 for updates on the sewer. Being sold AS IS. Inspections are for information purposes only. Buyer must perform their due diligence on the adjacent property lot 16 regarding their interest in building.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch/Rambler, Converted Dwelling
  • Year Built: 1974
  • Stories: 1
  • Living Area: 1,080 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (302) 360-0300
  • Listing Agent: Jeffrey Fowler

Interior Features

Interior Information:

  • Appliances: Range, Range Hood, Refrigerator, Water Heater, Oven, Gas Range
  • Basement: No
  • Flooring Type: Carpet, Vinyl
  • Interior: Carpet, Combination Kitchen/Dining, Family Room Off Kitchen, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Creek/Stream

Parking Information:

  • Garage Space: 1 space
  • Parking: Garage - Front Entry, Asphalt Driveway, Detached Garage, Driveway

Lot Features

Lot Information:

  • Lot: Flood Plain, Marsh/Swamp, Wetlands
  • Lot Size: 0.34 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Wall Unit(s), Window Unit(s)

School Info

Assigned Schools Information:

  • Milford Senior High School, Public District Grades 8-12
  • Milford Central Academy, Public District Grades 6-8
  • Ross (Lulu M.) Elementary School, Public District Grades 2-5

Other

Directions Information:

  • Directions: From Slaughter Beach Rd, Turn left on to Bay Ave. Home will be on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000
  • Price Per SqFt: $301/SqFt

Tax Information:

  • Annual Amount: $451
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Milford, DE.

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Milford, DE

City

Med. Sold Price

$334.1K

Med. Price/SqFt

$204

Avg. Days On Market

70

# of Sold Homes

17

494 Bay Ave vs Milford

57 DAYS ON ROCKET

-13 Days

$325,000

-$9.1K Less

$301/SqFt

+$96 More

KEY TAKEAWAY

This property is $9.1K less than the Median Sold Price and $96/SqFt more than other homes in Milford, DE.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DESU2057224

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (302) 360-0300
  • Listing Agent: Jeffrey Fowler

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 8:00:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$451$8,150
2020 - $8,150
2018$459$8,150
2017$465$8,150

History based on county public records data.

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$1,690

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2083810
7
/10

  • Ross (Lulu M.) Elementary School

  • 310 Lovers Ln

  • 5.79 miles

  • Public District Grades 2-5

Middle School

school-card-donut-2083811
3
/10

  • Milford Central Academy

  • 1021 N Walnut St

  • 6.33 miles

  • Public District Grades 6-8

High School

school-card-donut-2083812
3
/10

  • Milford Senior High School

  • 1019 N Walnut St

  • 6.21 miles

  • Public District Grades 8-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $86,948. Typical income of Milford, DE residents is between $35k-100k annually. Typical family type is married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 494 Bay Ave

What is the listing price of this property?

The listing price of 494 Bay Ave property is $325,000.

What type of property is this?

The property 494 Bay Ave is a house located in Milford, Delaware, 19963.

Is this property for sale now?

Active Listing: 494 Bay Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 494 Bay Ave are:
Ross (Lulu M.) Elementary School: GreatSchools Rating 7/10
Milford Central Academy: GreatSchools Rating 3/10
Milford Senior High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $451 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 494 Bay Ave has 5 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 494 Bay Ave is 1,080 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 494 Bay Ave is 1974.

Rocket Homes›Delaware›Sussex County›Milford›19963›494 Bay Ave

This home is located at 494 Bay Ave in Milford, DE and zip code 19963. This 1,080 square foot home, which was built in 1974, sits on a 0.34 acre lot. Features: 5 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 01, 2024 and is currently priced at $325,000.

In March 2024, from all listings sold in Milford, DE there were more than 4 sold above asking price, over 9 sold below and more than 4 were sold right at the asked price. Between February 2024 and March 2024, Milford, DE real estate market has seen increase in the number of listings by 1.1%. The median list price of listings available in March 2024 was $334,166, while the average time on the real estate market was 70 days.

From Rocket Homes Real Estate and based on county public records data.

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