13 days on rocket

347 Bay Ave, Milford, DE, 19963

$925,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths
1,400 SqFt
$661/SqFt
House
Schools Nearby

Location

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347 Bay Ave, Milford$925,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCrushed Stone, Gravel Driveway, Driveway, Off Street
Year Built1974
HeatingNone
CoolingCentral Air
WaterfrontBeach
FireplaceEquipment, Wood, Screen
ViewBay
MLS #DESU2062452
Lot Size0.78 Acres
StatusActive
(ACTIVE)

About 347 Bay Ave

A classic bay front beach cottage located in the town of Slaughter Beach, Milford DE on a 3/4 acre water front lot with direct bay access and a sandy beach. A short driving distance to Lewes, Rehoboth Beach and other beach communities to the south. Avoid the hustle and bustle of route one traffic, close to Milford and the new Bay Health Medical center. History abounds, the property was part of the original Slaughter Beach Hotel and provides cozy cottage charm with a warm bay front atmosphere, very private with mature pine trees and natural landscape. Excellent rental potential with a 3/4 wrap around screened porch, bay front patio area, wood burning fireplace, off street parking for at least 4 vehicles, 4 sleeping quarters 2 full baths, hardwood floors, electric heat and air conditioning. Public water provided by Artesian Water, propane available, currently on a septic system but sewer is in the works, local town fire company, public recreational park with tennis, basketball, playground and pavilion. The Cedar Creek Marina at the north end of town offers direct boating access to the Delaware Bay at the Mispillion Inlet and all year indoor boat storage, The DuPont nature Center is a fabulous visitor attraction with videos of the Red Knot shore birds connection to the prehistoric Horse Shoe crabs. 4921-SL

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal, Cottage
  • Year Built: 1974
  • Stories: 2
  • Living Area: 1,400 SqFt

Listing Office:

  • Office Name: Jack Lingo - Lewes
  • Office Phone: (302) 645-2207
  • Listing Agent: NICK CARTER

Interior Features

Interior Information:

  • Appliances: Cooktop, Dryer, Oven, Electric Range, Refrigerator, Washer, Water Heater
  • Basement: No
  • Interior: Dining Area, Exposed Beams, Kitchen - Country, Primary Bedroom - Bay Front, Stall Shower
  • Fireplace: Equipment, Wood, Screen

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Beach
  • View: Bay
  • Exterior: BBQ Grill, Outbuilding(s)

Parking Information:

  • Parking: Crushed Stone, Gravel Driveway, Driveway, Off Street

Lot Features

Lot Information:

  • Lot: Flood Plain, Front Yard, Level, Back Yard
  • Lot Size: 0.78 Acres

Utilities

Utilities Information:

  • Heating: None
  • 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
  • Ross (Lulu M.) Elementary School, Public District Grades 2-5

Other

Directions Information:

  • Directions: Take Slaughter Beach Road East from Route 1, turn right on Bay Avenue, home is immediately on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $925,000
  • Price Per SqFt: $661/SqFt

Tax Information:

  • Annual Amount: $606
  • 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

$335K

Med. Price/SqFt

$205

Avg. Days On Market

35

# of Sold Homes

20

347 Bay Ave vs Milford

13 DAYS ON ROCKET

-22 Days

$925,000

+$590K More

$661/SqFt

+$456 More

KEY TAKEAWAY

This property is $590K more than the Median Sold Price and $456/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: #DESU2062452

Listing Office:

  • Office Name: Jack Lingo - Lewes
  • Office Phone: (302) 645-2207
  • Listing Agent: NICK CARTER

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: 5/29/2024, 6:15:57 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

Sep 20, 2021Home Sold
$700,000
Oct 24, 2013Home Sold
$535,000

Tax History

YEARPROP. TAXASSESSMENT
2021$606$10,950
2020$608$10,950
2018$616$10,950
2017$624$10,950

History based on county public records data.

Payment Calculator

$4,684

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,840

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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-4284975
7
/10

  • Ross (Lulu M.) Elementary School

  • 310 Lovers Ln

  • 6.14 miles

  • Public District Grades 2-5

Middle School

school-card-donut-4284976
3
/10

  • Milford Central Academy

  • 1021 N Walnut St

  • 6.84 miles

  • Public District Grades 6-8

High School

school-card-donut-4284977
3
/10

  • Milford Senior High School

  • 1019 N Walnut St

  • 6.72 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. Most families are married, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 347 Bay Ave

What is the listing price of this property?

The listing price of 347 Bay Ave property is $925,000.

What type of property is this?

The property 347 Bay Ave is a house located in Milford, Delaware, 19963.

Is this property for sale now?

Active Listing: 347 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 347 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 $606 (source: MLS/based on county public records data).

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

The last sale was on September 20, 2021 for $700,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 347 Bay Ave has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 347 Bay Ave is 1,400 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 347 Bay Ave is 1974.

Rocket Homes›Delaware›Sussex County›Milford›19963›347 Bay Ave

This home is located at 347 Bay Ave in Milford, DE and zip code 19963. This 1,400 square foot home, which was built in 1974, sits on a 0.78 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 15, 2024 and is currently priced at $925,000.

Over 1 listings were sold over their listed price in April 2024 in Milford, DE. In the same period over 10 listings were sold below the listed price and 9 listings were sold for the listed price. The number of homes for sale in Milford, DE increased by 0.9% between March 2024 and April 2024. The median list price of listings available in April 2024 was $335,000, while the average time on the real estate market was 35 days.

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

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