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$500,093Estimated home value

Beds
4
Baths
2.0
sq ft
1,984

2520 Canterbury Rd, Milford, DE 19963

2520 Canterbury Rd

MILFORD, DE 19963

  • Sold On 10/13/2024
    • Price drop $40,000↓
Charming 4-Acre Horse Property with Historic Farmhouse - 2520 Canterbury Rd, Milford, DE Welcome to a horse lover’s dream! This fully fenced 4-acre property is perfect for anyone looking to enjoy the equestrian lifestyle with the charm of a historic farmhouse. Built in 1835, this home offers the best of both worlds—classic character combined with modern updates. As you enter the home through the rear, discover a generous-sized mud room, complete with first-floor laundry—ideal for managing the daily needs of an active lifestyle. The home offers four cozy bedrooms and two full bathrooms. The main floor includes a welcoming living room and the primary bedroom with a full bath, providing a private and relaxing space. Upstairs, three additional bedrooms share a well-appointed bathroom. The heart of the home is the large eat-in kitchen full of natural light, featuring updated white cabinets, dark granite countertops, a built-in dishwasher and refrigerator, a double wall oven, and a glass stovetop with a modern hood. The passthrough adds both functionality and style, making this kitchen perfect for gatherings and everyday meals. The home offers a warm and inviting interior with neutral paint throughout. The property is fully equipped for horses with a large pole barn that includes electricity and plumbing—perfect for storing equipment and hay year-round. The horse barn features two stalls, a tack room, and exterior grooming stalls. Additionally, the 1/3-acre paddock and 2-acre rear pasture offer ample space for your horses to graze and roam safely. For outdoor entertaining, the property boasts a private side yard and a fire pit—ideal for gatherings with friends and family. The rear patio provides a great space for relaxing or hosting barbecues, with mature trees along the side fenceline that offer plenty of privacy. A detached 2-car garage offers extra storage for vehicles and gear. If you’re looking for a place where you can enjoy country living with your horses, this fully fenced 4-acre property is the perfect fit. Come see it for yourself and fall in love with all it has to offer!

Details

Property type

Single Family Residence

Est. home value

$500,093

Lot size

4.0 acres

Price per sq ft

$280

Year built

1835

Annual property taxes

$755

HOA

No

Price History

10/11/2024
Bright

Bright #DEKT2030552

Sold
$565,000
+1.8%
09/17/2024
Bright

Bright #DEKT2030552

Pending
$555,000
09/04/2024
Bright

Bright #DEKT2030552

Price change
$555,000
-6.72%

Schools & Community

Elementary school: 

BANNEKER

Middle school: 

MILFORD CENTRAL ACADEMY

High school: 

MILFORD

School district: 

MILFORD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$183,921
Asking price
$555,000
Closing costs (~8% of asking)
-$44,400
Est. remaining loan balance
-$326,679
Cash to seller
$183,921

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Tiaa Fsb Holdings Inc

Loan start date

March 2021

Original loan amount

$355,500

Est. remaining balance

$326,679

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

David Cress and Leah Cress

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 11/03/2024 at 7:40 AM

Listing updated: 10/13/2024 at 8:21 PM

Listed by: Kristin Pidgeon, Long & Foster Real Estate, Inc. Phone #: (302) 351-5000

MLS: Bright #DEKT2030552

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