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397 Bay Ave

Milford, DE 19963

3 bd 2 ba 1,800 sqft Built 1979 Lot 13,939 sqft single_family
Most recent sale
$540,000
Nov 22, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 22, 2021 Sold $540,000 MLS #DESU2007700
Oct 3, 2021 Listed $549,000 MLS #DESU2007700

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $164,000 $151,350 $315,350 $1,934
2024 $164,000 $151,350 $315,350 $733
2023 $11,950 $1,750 $13,700 $761
2022 $11,950 $1,750 $13,700 $750
2021 $11,950 $1,750 $13,700 $430
2020 $11,950 $1,750 $13,700 $429
2019 $11,950 $1,750 $13,700 $432
2018 $11,950 $1,750 $13,700 $434
2017 $11,950 $1,750 $13,700 $439
2016 $11,950 $1,750 $13,700 $799
2015 $11,950 $1,750 $13,700 $564
2014 $11,950 $1,750 $13,700 $544
2013 $11,750 $1,750 $13,500 $337
2012 $13,500 $327
2011 $13,500 $342

Property facts

Year built
1979
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,800 sqft
Lot size
13,939 sqft
ZIP code
19963
City
Milford
Street
Bay Ave
Coordinates
38.91599, -75.30690

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,700
Gross rental yield
6.00%
Implied cap rate
3.90%
Trend-extrapolated value

Frequently asked questions

When did 397 Bay Ave last sell?
397 Bay Ave most recently sold on Nov 22, 2021 for $540,000.
What is the current tax assessment for 397 Bay Ave?
The most recent total assessment for 397 Bay Ave (year 2025) is $315,350 with $1,934 in property tax.
How does 397 Bay Ave's assessment compare to its last sale price?
The current assessment is 41.6% below the last sale price of $540,000.
When was 397 Bay Ave built?
397 Bay Ave was built in 1979.
How does 397 Bay Ave compare to others on Bay Ave?
We track 8 other properties on Bay Ave. Browse the list under "Other properties on Bay Ave" to compare beds, baths, and sale history.
What are the property facts for 397 Bay Ave?
397 Bay Ave is a 3 bed, 2 bath, 1,800 sqft, 13,939 sqft lot single_family.
Is 397 Bay Ave a flip candidate?
No — 397 Bay Ave does not appear in our flips dataset.
Is 397 Bay Ave a tax-appeal candidate?
No — 397 Bay Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.2%
Implied 1-yr
+8.9%
2026 Q3
$457.6K
2026 Q4
$466.5K
ZIP 19963 — Median Price History + Forecast

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