tomo logo

$679,900

Beds
4
Baths
1.0
sq ft
1,000

581 Bay Ave, Milford, DE 19963

581 Bay Ave

MILFORD, DE 19963

  • 488 days on market
    • Price drop $20,000↓
Quintessential Slaughter Beach Cottage. Enjoy incredible sunsets and bright Bayfront sunrises from this waterfront cottage. If you are looking to build your dream home or put together an income generating seasonal rental this property has got you covered. The cottage could be brightened and ready for travelers quickly as many of the main mechanicals have been updated. The main level has 4BR and 1 BA with a small eat in kitchen. There is a lower level with garage that is sectioned off and plumbed for kitchen and bath that could be refinished and incorporated in the overall living space. Notable upgrades include 200 amp electric, tankless hot water and gas fired HVAC. Property is Sold In As-Is Condition.

Details

Property type

Single Family Residence

Est. home value

$656,807

Lot size

0.26 acres

Price per sq ft

$680

Year built

1961

Annual property taxes

$400

HOA

No

Price History

07/09/2023
Bright

Bright #DESU2043524

Listed
$679,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

MILFORD

Seller’s Loan History

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

Lender

Wilmington Savings Fund Society Fsb

Loan start date

July 2023

Original loan amount

$160,000

Est. remaining balance

Not provided

Interest rate

6.79%

Loan type

Not Provided

Seller

Carolyn R Watt and Daryl E Garner

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: Active

Tomo last checked: 11/08/2024 at 8:25 AM

Listing updated: 08/14/2024 at 6:24 AM

Listed by: Terry Coleman, Berkshire Hathaway HomeServices PenFed Realty Phone #: (302) 645-6661

MLS: Bright #DESU2043524

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