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$859,500   Price Analysis
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347 Bay Ave
Milford, DE 19963
4 bed 2 bath 1,400 SqFt ($613/SqFt)
0.78 acre lot. Built 1974
Listed 2024-05-15, Taxes $599
May be USDA loan restricted due to income limits
near Milford

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. This property is 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 once a section of the original Slaughter Beach Hotel and provides cozy cottage charm with a warm bay front atmosphere. The property is 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 qurters 2 full baths, hardwood floors, electric h eat and air conditioning.

Public water provided by Artesian Water, propane available, currently on a septic system but Sussex County sewer is in the planning stages, 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


Presented by Nick Carter at
JACK LINGO LEWES.


Property MLS #DESU2062452 from BrightMLS

Bedrooms: 4

Total Bathrooms: 2
Full Bathrooms: 2

Dining Area
Exposed Beams
Kitchen - Country
Primary Bedroom - Bay Front
Stall Shower

Cooktop
Dryer - Electric
Oven/Range - Electric
Refrigerator
Washer
Water Heater

Cooling Features: Central A/C
Heating Features: Forced Air, Heat Pump - Electric BackUp
Heating: Yes

Waterfront
Water access
Waterfront Feet: 93

Lot Size Acres: 0.7800046
Lot Size Square Feet: 33977

Parking Features: Crushed Stone, Gravel Driveway, Driveway Spaces: 4, Off Street
Parking Total: 4

View: Bay

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: BANNEKER
High School: MILFORD
Middle School: MARINER
School District: MILFORD

Ross (Lulu M.) Elementary School is a public elementary school located approximately 6.1 miles away.
directions icon Map directions

Milford Central Academy is a public middle school located approximately 6.8 miles away.
directions icon Map directions

Milford Senior High School is a public high school located approximately 6.8 miles away.
directions icon Map directions

Kids First Academy is a private elementary, middle and high school located approximately 4.8 miles away.
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Annual Tax Amount: 1218.0
Source Listing Status: Active
County: SUSSEX
Disclaimer: Standard
Ownership: Fee Simple
Source Property Type: Residential
Area: SUSSEX
Source Neighborhood: SLAUGHTER BEACH
Postal Code Plus 4: 4910
Subdivision: SLAUGHTER BEACH
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$8,450 + $2,500
$10,950
$599
2021$8,450 + $2,500
$10,950
$606
2020$8,450 + $2,500
$10,950
$608
2019$8,450 + $2,500
$10,950
$613
2018$8,450 + $2,500
$10,950
$616
2017$8,450 + $2,500
$10,950
$624
2016$8,450 + $2,500
$10,950
$675
2015$8,450 + $2,500
$10,950
$475
2014$8,450 + $2,500
$10,950
$459
2013$8,450 + $2,500
$10,950
$469
2012$unknown + $unknown
$10,950
$455
2011$unknown + $unknown
$10,950
$476

Price Changed 2024-06-26
$859,500
BrightMLS
Listed 2024-05-15
$925,000
BrightMLS
Sold 2021-09-20
$700,000
Public Record
Listing removed 2021-09-18
$0
BrightMLS
Listed 2021-08-11
$719,000
BrightMLS
Sold 2013-10-24
$535,000
Public Record
Listing removed 2013-08-12
$649,000
Sussex
Listed 2013-05-31
$649,000
Sussex
Listing removed 2012-11-28
$649,000
Sussex
Price Changed 2012-06-19
$649,000
Sussex
Listed 2012-05-03
$699,000
Sussex
Listing removed 2011-12-05
$699,000
Sussex
Listed 2011-07-22
$699,000
Sussex

Year Built: 1974
Above Grade Finished Area: 1400
Construction Materials: Frame
Property Age: 50
Levels or Stories: 2
Structure Type: Detached
House Style: Coastal, Cottage
Total Area Sqft: 1400

Level Entry - Main
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.