NOT LISTED FOR SALE

112 S Queen St Dover, DE 19904

Estimated Value: $192,000 - $313,468

-- Bed
3 Baths
1,790 Sq Ft
$146/Sq Ft Est. Value

Last Sold May 06, 2021

Last sale price $118,000 $66 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $1,511/month

42 Days on Market

Highlights

  • A-Frame Home
  • Central Air
  • Electric Baseboard Heater
  • No HOA

About This Home

As of May 2021

Priced to sell quickly in "AS IS" condition. This property had been rented to Section 8 tenants recently and had successful Section 8 inspections. Rents are: $605 for one bedroom unit; $700 each for 3 bedroom units. All tenants were given notice to vacate by 12/31/20 so new owner can do any improvements, raise rents and find their preferred tenants. Current owner has had no problem collection rents or Section 8 funds for years although no formal rent roll is available for review. Great return on investment is coming your way!!

Last Agent to Sell the Property

Audrey Brodie

First Class Properties License #RB-0020412 Listed on: 12/08/2020

Last Buyer's Agent

Heather McKinney

RE/MAX Horizons License #RS-0036533

RE/MAX Horizons

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $913

Year Built

  • Built in 1925

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50.00 x 150.00

Parking

  • Off-Street Parking

Home Design

  • 1,790 Sq Ft Home
  • Triplex
  • A-Frame Home
  • Shingle Roof
  • Aluminum Siding

Utilities

  • Central Air
  • Electric Baseboard Heater
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Finished Basement

Listing and Financial Details

  • Tax Lot 6800-000
  • Assessor Parcel Number ED-05-07612-02-6800-000

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 2-Story Building

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$913

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: A-Frame
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Expected On Market: 2020-12-08
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Remarks Public: Priced to sell quickly in "AS IS" condition. This property had been rented to Section 8 tenants recently and had successful Section 8 inspections. Rents are: $605 for one bedroom unit; $700 each for 3 bedroom units. All tenants were given notice to vacate by 12/31/20 so new owner can do any improvements, raise rents and find their preferred tenants. Current owner has had no problem collection rents or Section 8 funds for years although no formal rent roll is available for review. Great return on investment is coming your way!!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 1790
  • Living Area Sq Ft: 1790
  • Price Per Sq Ft: 69.83
  • Above Grade Finished Sq Ft: 1790
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 112

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: CAPITAL
  • School District Key: 300200396888
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 50.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Year Assessed: 2020
  • Zoning: RG1
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Rent Control: No
  • Total Actual Rent: 24600.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2436911
  • School Tax: 453.00
  • Tax Annual Amount: 913.00
  • Assessor Parcel Number: ED-05-07612-02-6800-000
  • Tax Lot: 6800-000
  • Tax Total Finished Sq Ft: 1790
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/06/2021

Multi Family

  • Number Of Units Vacant: 1
  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: CAPITAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2020
Closed on
May 5, 2021
Sold by
Bennie L Smith Real Estate Llc
Bought by
Eldred Jackline
Seller's Agent
Audrey Brodie
First Class Properties
Buyer's Agent
Heather McKinney
RE/MAX Horizons
List Price
$125,000
Sold Price
$118,000
Premium/Discount to List
-$7,000
-5.6%
Current Estimated Value
$260,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,617
Avg. Annual Appreciation
20.03%
Original Mortgage
$236,606
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 1, 2016
Sold by
Smith Bennie L and Smith Shirley M
Bought by
Bennie L Smith Real Estate Llc
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
Eldred Jackline $118,000 None Available
Bennie L Smith Real Estate Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eldred Jackline $236,606
Closed Eldred Jackline $236,606
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2021 05/06/21 Sold $118,000 -5.6% $66 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $125,000 0.0% $70 / Sq Ft
12/23/2020 12/23/20 Pending -- -- --
12/08/2020 12/08/20 For Sale $125,000 -- $70 / 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 $1,223 $215,400 $40,400 $175,000
2023 $701 $23,800 $3,600 $20,200
2022 $626 $22,000 $3,600 $18,400
2021 $529 $19,300 $3,600 $15,700
2020 $511 $19,300 $3,600 $15,700
2019 $483 $19,300 $3,600 $15,700
2018 $441 $19,300 $3,600 $15,700
2017 $433 $19,300 $0 $0
2016 $435 $19,300 $0 $0
2015 $653 $19,300 $0 $0
2014 $635 $19,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Audrey Brodie

    Seller's Agent in 2021

    Audrey Brodie

    First Class Properties

    (302) 331-1043

    42 in this area

    146 Total Sales

    Audrey Brodie
    Section Image
  • Heather McKinney

    Buyer's Agent in 2021

    Heather McKinney

    RE/MAX

    (302) 922-7066

    3 in this area

    13 Total Sales

    Heather McKinney
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DEKT244688

Bright MLS

APN: 2-05-07612-02-6800-000

Delaware Kent County Dover 19904

112 S Queen St, Dover, DE

This home is located at 112 S Queen St, Dover, DE 19904 since 08 December 2020 and is currently estimated at $260,617, approximately $145 per square foot. This property was built in 1925. 112 S Queen St is a home located in Kent County with nearby schools including Booker T. Washington Elementary School, William Henry Middle School, and Central Middle School.

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