NOT LISTED FOR SALE

16 Velvet Cir Dover, DE 19904

Estimated Value: $260,000 - $303,000

3 Beds
1 Bath
1,056 Sq Ft
$264/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $212,000 $201 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,623/month

56 Days on Market

Highlights

  • Wood Burning Stove
  • 1 Fireplace
  • Central Air
  • Rambler Architecture
  • No HOA
  • Electric Baseboard Heater

About This Home

As of October 2022

Looking for a single level home in a quiet area? Look no further! Nice 3-bedroom 1-bath home just west of Dover with almost a third of an acre. Home is in need of some updating but is ready for new owners now. Home has a full basement Newer AC unit and large shed in the rear yard. Relax at the end of the day on the nice screened porch. Home is sold as-is.

Last Agent to Sell the Property

Stephanie Lehane

RE/MAX Eagle Realty Listed on: 08/04/2022

RE/MAX Eagle Realty

Co-Listed By

Sean Mccracken

RE/MAX Eagle Realty

Last Buyer's Agent

Evie Ross

Innovate Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $818

Year Built

  • Built in 1972

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 55.02 x 189.64
  • Property is zoned AR

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,056 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Wood Burning Stove
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Electric Baseboard Heater
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Voshell Cove Subdivision

Listing and Financial Details

  • Tax Lot 3500-000
  • Assessor Parcel Number ED-00-06603-01-3500-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$818

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-08-04
  • Year Built: 1972
  • Automatically Close On Close Date: No
  • Remarks Public: Looking for a single level home in a quiet area? Look no further! Nice 3-bedroom 1-bath home just west of Dover with almost a third of an acre. Home is in need of some updating but is ready for new owners now. Home has a full basement Newer AC unit and large shed in the rear yard. Relax at the end of the day on the nice screened porch. Home is sold as-is.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 1056
  • Living Area Sq Ft: 1056
  • Price Per Sq Ft: 203.50
  • Above Grade Finished Sq Ft: 1056
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric, Wood Burn Stove
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 20600.00
  • Land Assessed Value: 8200.00
  • Lot Size Acres: 0.37
  • Lot Dimensions: 55.02 x 189.64
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16117.00
  • Year Assessed: 2021
  • Zoning: AR
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2426474
  • School Tax: 720.00
  • Tax Annual Amount: 818.00
  • Assessor Parcel Number: ED-00-06603-01-3500-000
  • Tax Lot: 3500-000
  • Tax Total Finished Sq Ft: 1056
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 10/28/2022

MLS Schools

  • School District Name: CAPITAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Oct 28, 2022
Sold by
Icnox Lennon A
Bought by
Leggett John
Seller's Agent
Stephanie Lehane
RE/MAX Eagle Realty
Buyer's Agent
Evie Ross
Innovate Real Estate
List Price
$214,900
Sold Price
$212,000
Premium/Discount to List
-$2,900
-1.35%
Views
45
Current Estimated Value
$278,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,257
Avg. Annual Appreciation
10.05%
Original Mortgage
$208,160
Outstanding Balance
$201,622
Interest Rate
6.7%
Mortgage Type
FHA
Estimated Equity
$76,635

Purchase Details

Closed on
Jan 15, 2002
Bought by
Knox Lennon A and Sampson Daniel James
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
Leggett John $212,000 --
Knox Lennon A $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leggett John $9,915
Closed Leggett John $10,338
Closed Leggett John $9,771
Open Leggett John $208,160
Previous Owner Knox Lennon A $70,921
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $212,000 -1.3% $201 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
09/14/2022 09/14/22 For Sale $214,900 0.0% $204 / Sq Ft
08/27/2022 08/27/22 Pending -- -- --
08/16/2022 08/16/22 Price Changed $214,900 -6.2% $204 / Sq Ft
08/04/2022 08/04/22 For Sale $229,000 -- $217 / 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 $1,284 $224,200 $73,100 $151,100
2023 $878 $29,500 $8,200 $21,300
2022 $849 $29,500 $8,200 $21,300
2021 $818 $29,500 $8,200 $21,300
2020 $791 $29,500 $8,200 $21,300
2019 $748 $29,500 $8,200 $21,300
2018 $633 $27,300 $6,000 $21,300
2017 $622 $27,300 $0 $0
2016 $625 $27,300 $0 $0
2015 $624 $27,300 $0 $0
2014 $626 $27,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Lehane

    Seller's Agent in 2022

    Stephanie Lehane

    RE/MAX

    (302) 659-1320

    48 in this area

    274 Total Sales

    Stephanie Lehane
    Section Image
  • Sean Mccracken

    Seller Co-Listing Agent in 2022

    Sean Mccracken

    RE/MAX

    (302) 218-7990

    20 in this area

    156 Total Sales

    Sean Mccracken
    Section Image
  • Evie Ross

    Buyer's Agent in 2022

    Evie Ross

    Innovate Real Estate

    (302) 396-3756

    55 in this area

    122 Total Sales

    Evie Ross
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DEKT2013042

Bright MLS

APN: 2-00-06603-01-3500-000

Delaware Kent County Dover 19904

16 Velvet Cir, Dover, DE

This home is located at 16 Velvet Cir, Dover, DE 19904 since 04 August 2022 and is currently estimated at $278,257, approximately $263 per square foot. This property was built in 1972. 16 Velvet Cir is a home located in Kent County with nearby schools including Hartly Elementary School, William Henry Middle School, and Central Middle School.

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