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503 NE 5th St, Milford, DE, 19963

$229,500

Home List Price

$2,725*

Closing Credit

3 Bedrooms
1 Full Bath
1,256 SqFt
$183/SqFt
House

Location

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503 NE 5th St, Milford$229,500

Buyer Closing Credits

$2,725*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage - Front Entry, Detached Garage, Driveway
Garage1 space
Year Built1985
HeatingBaseboard
CoolingNone
BasementYes
MLS #DEKT2032758
Lot Size0.17 Acres
StatusActive
(ACTIVE)

About 503 NE 5th St

1,256 sq ft rancher featuring 3 bedrooms, 1 bath, and a full, partially finished basement. This home also has a 1 car detached garage with lots of storage space. With some elbow grease and your imagination, turn this home into its meant to be!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch/Rambler
  • Year Built: 1985
  • Stories: 1
  • Living Area: 1,256 SqFt

Listing Office:

  • Office Name: Coldwell Banker Premier - Milford
  • Office Phone: (302) 422-8200
  • Listing Agent: PAUL FAULKNER

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: None

Other

Directions Information:

  • Directions: From Rehoboth Blvd. in Milford, turn onto North Washington Street, then turn left onto NE 5th Street. Property on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $229,500
  • Price Per SqFt: $183/SqFt

Tax Information:

  • Annual Amount: $648
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$354.5K

Med. Price/SqFt

$205

Avg. Days On Market

42

# of Sold Homes

21

503 NE 5th St vs Milford

46 DAYS ON ROCKET

+4 Days

$229,500

-$125K Less

$183/SqFt

-$23 Less

KEY TAKEAWAY

This property is $125K less than the Median Sold Price and $23/SqFt less than other homes in Milford, DE.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DEKT2032758

Listing Office:

  • Office Name: Coldwell Banker Premier - Milford
  • Office Phone: (302) 422-8200
  • Listing Agent: PAUL FAULKNER

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: 12/18/2024, 2:20:55 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$648$30,900
2020$4,072$30,900
2019$701$30,900
2018$1,896$30,900
2017$1,896$30,900

History based on county public records data.

Payment Calculator

$1,213

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$755

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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.

Nearby Schools

school-card-donut-4333461
6
/10
  • Banneker (Benjamin) Elementary School

  • 449 North St

  • 0.32 miles

  • Public District Grades 1-5

school-card-donut-4333462
7
/10
  • Ross (Lulu M.) Elementary School

  • 310 Lovers Ln

  • 0.93 miles

  • Public District Grades 1-5

school-card-donut-4333463
4
/10
  • Mispillion Elementary School

  • 311 Lovers Ln

  • 1.04 miles

  • Public District Grades 1-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,822. Residents of Milford, DE typically earn between $35k-100k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 503 NE 5th St

What is the listing price of this property?

The listing price of 503 NE 5th St property is $229,500.

What type of property is this?

The property 503 NE 5th St is a house located in Milford, Delaware, 19963.

Is this property for sale now?

Active Listing: 503 NE 5th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $648 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 503 NE 5th St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 503 NE 5th St is 1,256 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 503 NE 5th St is 1985.

Rocket Homes›Delaware›Sussex County›Milford›19963›503 NE 5th St

This home is located at 503 NE 5th St in Milford, DE and zip code 19963 in the Saw Mill neighborhood. This 1,256 square foot home, which was built in 1985, sits on a 0.17 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $229,500.

In November 2024 more than 3 listings in Milford, DE were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 9 were sold below. Between October 2024 and November 2024, Milford, DE real estate market has seen decrease in the number of listings by 0.8%. In November 2024, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $354,599.

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

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