OFF MARKET

Off Market Mar 2019 for $207K

$332,757

Est. refi paymentEst. refi $1,647/mo

•

1,650

sq ft

503 Reed Rd, Milford, DE 19963

About this home

PRICE DROP! Seller feeling generous! Stunning home nestled the sought after Lakelawn Estates Community, boasting a generous lot with magnificent mature trees. Location, location, location! Nicely updated and move in ready. Updates include Traffic Master Allure flooring, refinished hardwoods, new carpet with upgraded padding, updated kitchen and freshly painted to name a few. Ask your agent for a complete list of upgrades. A spacious home with a nice open floor plan, 2 car garage, lots of extra storage with your refinished shed with electric for all your projects and a park like setting out back with a gorgeous 16x16 deck and patio. Truly an oasis to come home to. You will enjoy the 2 wood burning fireplaces on those cold winter nights. Just a wonderful home all around at an unexpected price point! This home has been maintained by a Heat USA service plan through Carl King Energy Services, so no worries with the Furnace here. The new owner can continue the plan for a small joiner fee. You will want to put this one on your tour. Just a beautiful and well maintained updated home. It doesn't get any better! Get ready to unpack your bags and enjoy!

Single-familyProperty Type

1964Year Built

0.29 acresLot Size

$202Est. Price/Sq.Ft.

2 garage spacesParking

Listed by Chelle Concha • Coldwell Banker Realty

•302-234-1888 (broker)

Bought with Melissa Squier • Keller Williams Realty Central-Delaware

•302-677-0020 (broker)

•centraldelawarebroker@gmail.com (broker)

Redfin checked: a minute ago

•Source:BRIGHT MLS #1008353802

Redfin Estimate

$332,757

$125K since sold in March 2019$2,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 8.1% higher than the average sale price ($308K) of 6 comparable homes.

SOLD MAY 28, 2026
$186,500
A
3 beds1 bath1,612 sq ft
8 Woodside Dr, Milford, DE 19963
SOLD DEC 19, 2025
$330,000
B
3 beds2 baths1,553 sq ft
507 Caulk Rd, Milford, DE 19963
SOLD AUG 19, 2026
$330,000
C
3 beds2 baths1,376 sq ft
819 New St, Milford, DE 19963
SOLD JUL 30, 2026
$300,000
D
3 beds2 baths1,008 sq ft
4315 Dot St, Milford, DE 19963
SOLD JUN 4, 2026
$355,000
E
3 beds2 baths1,828 sq ft
602 Marvel Rd, Milford, DE 19963
SOLD JUL 14, 2026
$345,000
F
3 beds2 baths1,700 sq ft
111 School Pl, Milford, DE 19963

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Earn from this home

Sell

$170,572

Est. take-home

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Refinance

Est. cash available

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Rent

$1,185/mo

Redfin rental estimate

List your home for rent

Market trends in 19963, DE

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

99.0%

0.4% MoM

Median sale price

$355K

$154 MoM

Avg. days on market

47d

2 days MoM

Recently sold homes

2 MoM

New listings for sale

EARLY ACCESS
$269,900
3 beds2 baths1,319 sq ft
3503 S Sagamore Dr Unit L, Milford, DE 19963
$225,000
2 beds1 bath1,020 sq ft
20219 Cedar Beach Rd, Milford, DE 19963
(302) 864-2822
$259,000
2 beds2 baths1,017 sq ft
3802 S Sagamore Dr Unit G, Milford, DE 19963
(302) 645-6661
OPEN SAT, 12PM TO 2PM
$415,000
3 beds1.5 baths1,400 sq ft
7443 Shawnee Rd, Milford, DE 19963
(302) 360-0300
$399,500
4 beds3 baths1,953 sq ft
5803 Griffith Lake Dr, Milford, DE 19963
(302) 273-4998
$645,000
3 beds2.5 baths2,444 sq ft
8 Mews Rd, Milford, DE 19963
(302) 313-1600
$379,500
4 beds2 baths2,016 sq ft
644 Evans Dr, Milford, DE 19963
(302) 678-4300
$545,000
3 beds2 baths2,860 sq ft
17498 Wood Dr, Milford, DE 19963
(302) 422-2619
OPEN SAT, 10AM TO 12PM
$375,000
3 beds2 baths1,656 sq ft
22 W Yorktown Rd, Milford, DE 19963
(302) 674-4255
COMING SOON
$350,000
3 beds2 baths1,690 sq ft
31 W Saratoga Rd, Milford, DE 19963
(302) 703-1144
See all

Provided by Redfin

Sale history for 503 Reed Rd

Date

Event

Price

BRIGHT MLS #1008353802

Mar 1, 2019

Sold

$207,900

$126/sq ft

Jan 25, 2019

Pending

—

Dec 3, 2018

Price Changed

$209,900

$127/sq ft

Oct 30, 2018

Price Changed

$214,900

$130/sq ft

Oct 4, 2018

Listed

$219,000

$133/sq ft

BRIGHT MLS #1001965338

Oct 1, 2018

Listing Removed

—

Sep 2, 2018

Price Changed

$214,900

$130/sq ft

Jun 29, 2018

Listed

$219,900

$133/sq ft

BRIGHT MLS #1001133494

Oct 31, 2013

Listing Removed

—

Sep 12, 2013

Listed

$199,900

$121/sq ft

BRIGHT MLS #1001723674

Oct 31, 2013

Listing Removed

—

Sep 12, 2013

Listed

$199,900

$121/sq ft

BRIGHT MLS #1000944830

Apr 23, 2009

Sold

$188,000

$114/sq ft

Aug 15, 2008

Listed

$199,900

$121/sq ft

BRIGHT MLS #1001709008

Apr 23, 2009

Listing Removed

—

Aug 15, 2008

Listed

$199,900

$121/sq ft

BRIGHT MLS #1001099886

Aug 14, 2008

Listing Removed

—

Sep 13, 2007

Listed

$224,900

$136/sq ft

BRIGHT MLS #1001092978

Sep 11, 2007

Listing Removed

—

Dec 16, 2006

Listed

$239,000

$145/sq ft

BRIGHT MLS #1001696328

Jul 18, 2003

Sold

$143,000

$87/sq ft

Feb 3, 2003

Listed

$143,000

$87/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$797 (−0.3%)

$36,100 + $94,250

$130,350

2025

$800 (−20.8%)

$36,100 + $94,250

$130,350

2024

$1,010 (−3.7%)

$36,100 + $94,250

$130,350

2023

$1,048 (+1.5%)

$2,200 + $16,650

$18,850

2022

$1,032 (−1.1%)

$2,200 + $16,650

$18,850

2021

$1,044 (−0.3%)

$2,200 + $16,650

$18,850

2020

$1,048 (−0.8%)

$2,200 + $16,650

$18,850

2019

$1,056 (−0.5%)

$2,200 + $16,650

$18,850

2018

$1,061 (−1.2%)

$2,200 + $16,650

$18,850

2017

$1,074 (−7.6%)

$2,200 + $16,650

$18,850

2016

$1,163 (+47.2%)

$2,200 + $16,650

$18,850

2014

$790

$2,200 + $16,650

$18,850

Tax history for 503 Reed Rd

Year

Property tax

Land + Additions

Assessment*

2026

$797 (−0.3%)

$36,100 + $94,250

$130,350

2025

$800 (−20.8%)

$36,100 + $94,250

$130,350

2024

$1,010 (−3.7%)

$36,100 + $94,250

$130,350

2023

$1,048 (+1.5%)

$2,200 + $16,650

$18,850

2022

$1,032 (−1.1%)

$2,200 + $16,650

$18,850

2021

$1,044 (−0.3%)

$2,200 + $16,650

$18,850

2020

$1,048 (−0.8%)

$2,200 + $16,650

$18,850

2019

$1,056 (−0.5%)

$2,200 + $16,650

$18,850

2018

$1,061 (−1.2%)

$2,200 + $16,650

$18,850

2017

$1,074 (−7.6%)

$2,200 + $16,650

$18,850

2016

$1,163 (+47.2%)

$2,200 + $16,650

$18,850

2014

$790

$2,200 + $16,650

$18,850

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

—

Baths

Stories

Lot width

90 ft.

Lot depth

140 ft.

Lot size

0.29 Acres

Year renovated

—

Sq. Ft.

775

Year built

1964

Style

Single Family Residential

County

Sussex County

APN

130-3.07-69.00

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 24, 2026.

R-1

Single-Family Residential District

The intent of the R-1 Residential District is to preserve the spacious residential atmosphere and quality of living of existing low-density residential development, to provide for the orderly and appropriate development of new low-density housing and to allow related uses that would not be detrimental to the residential character of the district.

Permitted uses

Include but are not limited to:

Agriculture
General retail
Restaurant
Housing-Group
Housing-Single unit
Housing-Student
Bed & breakfast
Office
Public service
Park & open space

Property details

Parking

Parking Information
# of Attached Garage Spaces: 2
Garage Features: Garage - Front Entry
# of Total Garage and Parking Spaces: 5
Has Garage
# of Garage Spaces: 2
# of Open Parking Spaces: 3
Attached Garage

Interior

Virtual Tour

Bedroom Information
# of Bedrooms On Main Level: 3

Bathroom Information
# of Bathrooms (Half) On Main Level: 1
# of Bathrooms (Full) On Main Level: 1
# of Bathrooms (Half): 1
# of Bathrooms (Full): 1

Interior Information
Interior Features: Dining Area
Living Area Sq.Ft. Source: Estimated

Room Information
Living Room, Dining Room, Master Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Laundry
Laundry Type: Lower Floor

Fireplace Information
Has Fireplace
# of Fireplaces: 2

Basement Information
Basement: Yes
Partial

Exterior

Property Information
Not Federal Flood Zone
Improvement Assessed Value: $16,650
Ownership Interest: Fee Simple
Year Built Source: Estimated

Building Information
Building Name: NONE AVAILABLE
Construction Materials: Aluminum Siding, Brick
Other Structures: Above Grade
Structure Type: Detached

Lot Information
Lot Size Dimensions: 90X140
Tidal Water: No

Land Information
Land Assessed Value: $2,200

Above Grade Information
Finished Sq.Ft.: 1,650
Finished Sq.Ft. Source: Estimated

Financial

Tax Information
Tax Assessed Value: $18,850
Tax Year: 2018

Lease Information
Lease Considered: No

Utilities

Utilities Information
Cooling Type: Wall Unit
Cooling Fuel: Electric
Hot Water, Baseboard - Hot Water
Heating Fuel: Oil
Hot Water: Oil
Sewer Septic: Public Sewer
Water Source: Public

Location

School Information
Elementary School: MISPILLION
Middle Or Junior School: MILFORD CENTRAL ACADEMY
High School: MILFORD
School District Name: MILFORD
Elementary School Source: 3rd Party
Middle School Source: 3rd Party
High School Source: 3rd Party
School District Source: 3rd Party

Location Information
In City Limits
Sussex DE Quadrants: Between Rt 1 & 113
Cross Street: LAKE VIEW AVE

Public facts

Beds: —
Baths: 2.0
Sq. Ft.: 775
Stories: 2.0
Lot Size: 0.29 acres
Style: Single Family Residential
Year Built: 1964
Year Renovated: —
County: Sussex County
APN: 130-3.07-69.00

Home facts updated by county records on Aug 24, 2026

Around this home

Schools

Mispillion Elementary

Public 1-5 • Assigned • 1.2mi

6/10

Milford Central Academy

Public 6-8 • Assigned • 1.8mi

3/10

Milford Senior High School

Public 9-12 • Assigned • 1.7mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

8/10 Heat Factor

7 days above 102° expected this year, 17 days in 30 years

7/10 Wind Factor

78% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Milford, DE • 19963

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 5 hours in December, which is comparable to the U.S. average for solar exposure.

9.2 hrs

5 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$317,000 – $383,000

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Nearby similar homes

$225,000

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3D WALKTHROUGH

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3D WALKTHROUGH

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New listings for sale in 19963

EARLY ACCESSCOMPASS COMING SOON

$269,900

3 beds2 baths1,319 sq ft

3503 S Sagamore Dr Unit L, Milford, DE 19963

$225,000

2 beds1 bath1,020 sq ft

20219 Cedar Beach Rd, Milford, DE 19963

(302) 864-2822

$259,000

2 beds2 baths1,017 sq ft

3802 S Sagamore Dr Unit G, Milford, DE 19963

(302) 645-6661

OPEN SAT, 12PM TO 2PM

$415,000

3 beds1.5 baths1,400 sq ft

7443 Shawnee Rd, Milford, DE 19963

(302) 360-0300

$399,500

4 beds3 baths1,953 sq ft

5803 Griffith Lake Dr, Milford, DE 19963

(302) 273-4998

$645,000

3 beds2.5 baths2,444 sq ft

8 Mews Rd, Milford, DE 19963

(302) 313-1600

$379,500

4 beds2 baths2,016 sq ft

644 Evans Dr, Milford, DE 19963

(302) 678-4300

$545,000

3 beds2 baths2,860 sq ft

17498 Wood Dr, Milford, DE 19963

(302) 422-2619

OPEN SAT, 10AM TO 12PM

$375,000

3 beds2 baths1,656 sq ft

22 W Yorktown Rd, Milford, DE 19963

(302) 674-4255

Home values near 503 Reed Rd

Data from public records.

Address	Redfin Estimate
505 Reed Rd, Milford, DE 3 Beds \| 2 Baths \| 1449 Sq. Ft.	$335,944
509 Reed Rd, Milford, DE 3 Beds \| 2 Baths \| 2258 Sq. Ft.	$340,418

Address	Redfin Estimate
506 Reed Rd, Milford, DE 3 Beds \| 2 Baths \| 2061 Sq. Ft.	$328,787
507 Reed Rd, Milford, DE - Beds \| 2 Baths \| 858 Sq. Ft.	$325,718

Address	Redfin Estimate
508 Reed Rd, Milford, DE 3 Beds \| 2 Baths \| 1852 Sq. Ft.	$488,174
211 Lakelawn Dr, Milford, DE 3 Beds \| 2.5 Baths \| 2300 Sq. Ft.	$395,568

Property information provided by BRIGHT MLS when last listed in 2018. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 19963, DE

Sale history for 503 Reed Rd

Tax history for 503 Reed Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 19963

Home values near 503 Reed Rd

More real estate resources