NOT LISTED FOR SALE

106 S Governors Ave Dover, DE 19904

Estimated Value: $252,000 - $324,000

-- Bed
1 Bath
1,910 Sq Ft
$143/Sq Ft Est. Value

Last Sold September 20, 2018

Last sale price $163,000 $85 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,591/month

1 Day on Market

Highlights

  • Wood Flooring
  • En-Suite Primary Bedroom
  • Wood Siding
  • No HOA
  • East Facing Home
  • 4-minute walk to Constitution Park

About This Home

As of September 2018

Two unit apartment conversion, first and second floor units. Fully occupied, separate meters, off-street parking, well maintained.

Last Agent to Sell the Property

Philip McGinnis

McGinnis Commercial Real Estate License #R1-0001967 Listed on: 07/01/2018

Last Buyer's Agent

Lisa Marie

RE/MAX Edge License #RS-0018248

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $961

Year Built

  • Built in 1900

Lot Details

  • 5,302 Sq Ft Lot
  • Lot Dimensions are 35x152
  • East Facing Home
  • Property is in good condition

Home Design

  • Converted Dwelling
  • Pitched Roof
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,910 Sq Ft Home
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Private Parking
  • Driveway
  • Parking Lot

Schools

  • William Henry Elementary School
  • Central Middle School
  • Dover High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 4000-000
  • Assessor Parcel Number ED-05-07709-01-4000-000

Community Details

Overview

  • No Home Owners Association
  • Downtown Dover Subdivision

Building Details

  • Insurance Expense $1,049
  • Maintenance Expense $950
  • Other Expense $700
  • Operating Expense $4,260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$961

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 700.00
  • Year Built: 1900
  • Remarks Public: Two unit apartment conversion, first and second floor units. Fully occupied, separate meters, off-street parking, well maintained.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood
  • Fireplace: No
  • Entry Location: Private
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1910
  • Living Area Sq Ft: 1910
  • Price Per Sq Ft: 94.24
  • Above Grade Finished Sq Ft: 1910
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 106

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 4
  • Parking Features: Private
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: CAPITAL
  • Elementary School: WILLIAM HENRY
  • Middle School: CENTRAL
  • High School: DOVER
  • School District Key: 300200396888
  • Elementary School: WILLIAM HENRY
  • High School: DOVER
  • Middle Or Junior School: CENTRAL

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 35X152
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5302.00
  • Property Condition: Good
  • Zoning: C2

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 19740.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2438346
  • Tax Annual Amount: 961.00
  • Assessor Parcel Number: ED-05-07709-01-4000-000
  • Tax Lot: 4000-000
  • Tax Year: 2017
  • Close Date: 09/20/2018

MLS Schools

  • School District Name: CAPITAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2018
Closed on
Sep 20, 2018
Sold by
Raubaucher Christopher J and Raubacher Rebecca
Bought by
Family Legacy Llc
Seller's Agent
Philip McGinnis
McGinnis Commercial Real Estate
Buyer's Agent
Lisa Marie
RE/MAX Edge
List Price
$180,000
Sold Price
$163,000
Premium/Discount to List
-$17,000
-9.44%
Current Estimated Value
$272,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,463
Avg. Annual Appreciation
7.66%
Original Mortgage
$122,250
Outstanding Balance
$106,828
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$165,635
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Family Legacy Llc $163,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Family Legacy Llc $122,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2018 09/20/18 Sold $163,000 -9.4% $85 / Sq Ft
07/02/2018 07/02/18 Pending -- -- --
07/01/2018 07/01/18 For Sale $180,000 -- $94 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,319 $232,300 $81,800 $150,500
2023 $506 $17,200 $7,600 $9,600
2022 $490 $17,200 $7,600 $9,600
2021 $471 $17,200 $7,600 $9,600
2020 $455 $17,200 $7,600 $9,600
2019 $431 $17,200 $7,600 $9,600
2018 $393 $17,200 $7,600 $9,600
2017 $386 $17,200 $0 $0
2016 $388 $17,200 $0 $0
2015 -- $17,200 $0 $0
2014 -- $17,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001973872

Bright MLS

APN: 2-05-07709-01-4000-000