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Sale Pending

506 Kings Hwy, Milford, DE, 19963

$550,000

Home List Price

$6,531*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,668 SqFt
$206/SqFt
House
Schools Nearby

Location

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506 Kings Hwy, Milford$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Door Opener, Inside Access, Garage - Front Entry, Off Street, Driveway, Attached Garage
Garage2 spaces
Year Built1974
HeatingBaseboard
CoolingCentral Air
BasementYes
FireplaceWood
ViewLake, Pond
MLS #DESU2057562
Lot Size0.65 Acres
StatusSale Pending
(PENDING)

About 506 Kings Hwy

Custom built ranch home with stunning views of the lake. Beautifully updated, one-floor living with fantastic views of the lake from every room. The great room with fireplace has custom built bookshelves. The updated, eat-in kitchen has plenty space to entertain and dine. Step out into the 4 season patio and relax with the tranquil view overlooking the beautiful lawn and lake. The large primary bedroom has a nicely updated ensuite bathroom. There are 2 additional oversized bedrooms that share the full hall bathroom. The laundry room and mudroom offer great storage space. This is one of the few homes that has dock access to the lake so you can launch your small boat right from your backyard and store it the large shed when you're not on the water.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch/Rambler
  • Year Built: 1974
  • Stories: 1
  • Living Area: 2,668 SqFt

Listing Office:

  • Office Name: Keller Williams Realty - Kennett Square
  • Office Phone: (610) 444-7171
  • Listing Agent: Matthew W Fetick

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Water Heater, Range, Disposal, Oven, Electric Range
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood
  • Interior: Attic, Breakfast Area, Kitchen - Country, Entry Level Bedroom, Cedar Closet(s), Ceiling Fan(s), Primary Bath(s), Soaking Tub, Stall Shower
  • Fireplace: Wood

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Lake, Pond
  • Exterior: Lawn Sprinkler

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage Door Opener, Inside Access, Garage - Front Entry, Off Street, Driveway, Attached Garage

Lot Features

Lot Information:

  • Lot: Cleared
  • Lot Size: 0.65 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Milford Senior High School, Public District Grades 8-12
  • Milford Central Academy, Public District Grades 6-8
  • Mispillion Elementary School, Public District Grades 1-5

Other

Directions Information:

  • Directions: .

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $206/SqFt

Tax Information:

  • Annual Amount: $1,908
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$334.1K

Med. Price/SqFt

$204

Avg. Days On Market

70

# of Sold Homes

17

506 Kings Hwy vs Milford

43 DAYS ON ROCKET

-27 Days

$550,000

+$215.8K More

$206/SqFt

+$1 More

KEY TAKEAWAY

This property is $215.8K more than the Median Sold Price and $1/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: #DESU2057562

Listing Office:

  • Office Name: Keller Williams Realty - Kennett Square
  • Office Phone: (610) 444-7171
  • Listing Agent: Matthew W Fetick

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, 11:00:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 17, 2008Home Sold
$330,000
Aug 31, 2005Home Sold
$480,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,908$34,450
2020$1,914$34,450
2018$1,939$34,450
2017$1,963$34,450

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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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-2209223
4
/10
  • Mispillion Elementary School

  • 311 Lovers Ln

  • 1.53 miles

  • Public District Grades 1-5

Middle School

school-card-donut-2209224
3
/10
  • Milford Central Academy

  • 1021 N Walnut St

  • 1.48 miles

  • Public District Grades 6-8

High School

school-card-donut-2209225
3
/10
  • Milford Senior High School

  • 1019 N Walnut St

  • 1.57 miles

  • Public District Grades 8-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,309. The most common annual income of people living in Milford, DE is between $35k-100k. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 506 Kings Hwy

What is the listing price of this property?

The listing price of 506 Kings Hwy property is $550,000.

What type of property is this?

The property 506 Kings Hwy is a house located in Milford, Delaware, 19963.

Is this property for sale now?

Sale Pending: 506 Kings Hwy is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 506 Kings Hwy are:
Mispillion Elementary School: GreatSchools Rating 4/10
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 $1,908 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 17, 2008 for $330,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 506 Kings Hwy has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 506 Kings Hwy is 2,668 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 506 Kings Hwy is 1974.

Rocket Homes›Delaware›Sussex County›Milford›19963›506 Kings Hwy

This home is located at 506 Kings Hwy in Milford, DE and zip code 19963. This 2,668 square foot home, which was built in 1974, sits on a 0.65 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 15, 2024 and is currently priced at $550,000.

In March 2024 more than 4 listings in Milford, DE were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 9 were sold below. The number of homes for sale in Milford, DE increased by 1.1% between February 2024 and March 2024. In March 2024 median list price was $334,166 and the average listing age was 70 days.

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

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