NOT LISTED FOR SALE

12 S Governors Ave Dover, DE 19904

Estimated Value: $183,000 - $272,000

-- Bed
2 Baths
2,576 Sq Ft
$85/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $120,000 $47 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,245/month

Highlights

  • No HOA
  • Electric Baseboard Heater
  • 5-minute walk to Constitution Park
  • Central Air

About This Home

As of May 2021

R-11712 Great investment. These 2 duplex units are being sold together. Solid income and limited expenses as tenants pay all utilities and owner only pays taxes and insurance. Fully rented and ready for a new owner. Other rentals properties available on the same street and within a few blocks.

Last Agent to Sell the Property

Steve Schmidt

RE/MAX Horizons License #RB-0031118 Listed on: 01/14/2021

RE/MAX Horizons

Last Buyer's Agent

Steve Schmidt

RE/MAX Horizons License #RB-0031118 Listed on: 01/14/2021

RE/MAX Horizons

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,124

Year Built

  • Built in 1900

Lot Details

  • 5,844 Sq Ft Lot
  • Lot Dimensions are 38.83 x 150.49

Parking

  • On-Street Parking

Home Design

  • 2,576 Sq Ft Home
  • Duplex
  • Frame Construction

Utilities

  • Central Air
  • Electric Baseboard Heater
  • Electric Water Heater
  • Public Septic

Community Details

  • No Home Owners Association
  • Operating Expense $2,014

Listing and Financial Details

  • The owner pays for insurance, real estate taxes
  • Tax Lot 2600-000
  • Assessor Parcel Number ED-05-07705-03-2600-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,124

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: R-11712 Great investment. These 2 duplex units are being sold together. Solid income and limited expenses as tenants pay all utilities and owner only pays taxes and insurance. Fully rented and ready for a new owner. Other rentals properties available on the same street and within a few blocks.
  • Special Features: None

Interior Features

  • Total Sq Ft: 2576
  • Living Area Sq Ft: 2576
  • Price Per Sq Ft: 58.23
  • Above Grade Finished Sq Ft: 2576
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12 & 14

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

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

Condo/Co-op/Association

  • HOA: 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: 0.13
  • Lot Dimensions: 38.83 x 150.49
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5844.00
  • Year Assessed: 2020
  • Zoning: RG1
  • In City Limits: Yes

Rental Info

  • Owner Pays: Insurance, Taxes - Real Estate
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2437938
  • School Tax: 615.00
  • Tax Annual Amount: 1124.00
  • Assessor Parcel Number: ED-05-07705-03-2600-000
  • Tax Lot: 2600-000
  • Tax Total Finished Sq Ft: 2576
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/10/2021

Multi Family

  • Gross Income: 17100.00
  • Operating Expense: 2014.00
  • Single Room Units Count: 2

MLS Schools

  • School District Name: CAPITAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2021
Closed on
May 10, 2021
Sold by
Davana Llc
Bought by
Byler Investments Llc
Seller's Agent
Steve Schmidt
RE/MAX Horizons
Buyer's Agent
Steve Schmidt
RE/MAX Horizons
List Price
$150,000
Sold Price
$120,000
Premium/Discount to List
-$30,000
-20%
Current Estimated Value
$219,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,030
Avg. Annual Appreciation
14.91%
Original Mortgage
$84,000
Outstanding Balance
$76,125
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$142,905

Purchase Details

Closed on
Mar 27, 2015
Sold by
Hall David R and Hall Vana J
Bought by
Davana Llc

Purchase Details

Closed on
Jun 28, 2007
Sold by
Durham Minous S and Durham Rosemary
Bought by
Hall David R and Hall Vana J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.24%
Mortgage Type
New Conventional
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
Byler Investments Llc $120,000 None Available
Davana Llc -- None Available
Hall David R $1,875 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byler Investments Llc $84,000
Previous Owner Hall David R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2021 05/10/21 Sold $120,000 0.0% $47 / Sq Ft
03/13/2021 03/13/21 Pending -- -- --
03/13/2021 03/13/21 Off Market $120,000 -- --
01/14/2021 01/14/21 For Sale $150,000 -- $58 / 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
2025 $941 $165,800 $39,100 $126,700
2024 $941 $165,800 $39,100 $126,700
2023 $771 $26,200 $2,800 $23,400
2022 $746 $26,200 $2,800 $23,400
2021 $718 $26,200 $2,800 $23,400
2020 $694 $26,200 $2,800 $23,400
2019 $656 $26,200 $2,800 $23,400
2018 $599 $26,200 $2,800 $23,400
2017 $589 $26,200 $0 $0
2016 $591 $26,200 $0 $0
2015 -- $26,200 $0 $0
2014 -- $26,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT245778

Bright MLS

APN: 2-05-07705-03-2600-000