NOT LISTED FOR SALE

217 W Reed St Dover, DE 19904

Dover Area

Estimated Value: $307,296 - $383,000

Studio
4 Baths
2,560 Sq Ft
$138/Sq Ft Est. Value

Sale Details

Date Sold: January 6, 2021

Last sale price $251,000 $98 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,918 / mo

311 Days on Market

Highlights

  • No HOA
  • Carpet
  • 4-minute walk to Constitution Park
  • Forced Air Heating and Cooling System

About This Home

As of January 2021

4 unit apartment building located in the heart of Delaware.Great income producing property!! Call for details because this property won't last long!!

Last Agent to Sell the Property

Larry Thompson

(302) 674-3400 ccrod1@aol.com R&R Commerical Realty Listed on: 12/16/2019

Last Buyer's Agent

Manthan Shah

(844) 837-5274 info@teslarealtygroup.com Tesla Realty Group, LLC License #RS-0024828

Tesla Realty Group, LLC

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,124

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 0.06 x 0.00

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 2,560 Sq Ft Home
  • Basement with some natural light

Flooring

  • Carpet
  • Laminate

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Phone Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0300-000
  • Assessor Parcel Number ED-05-07705-03-0300-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,124

Year Built

Built in 1900

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Ownership: Fee Simple
  • Exclusions: Tenant furnishings / clothing
  • Inclusions: All appliances in the units
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Flooring Type: Carpet, Laminated
  • Wall Ceiling Types: Dry Wall
  • Basement: Yes
  • Basement Type: Daylight, Partial
  • Total Sq Ft: 2560
  • Living Area Sq Ft: 2560
  • Price Per Sq Ft: 100.78
  • Above Grade Finished Sq Ft: 2560
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Architectural Shingle
  • 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: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Phone
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Dimensions: 0.06 x 0.00
  • Lot Size Units: Square Feet
  • Zoning: RG1
  • In City Limits: Yes

Rental Info

  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2437915
  • School Tax: 546.00
  • Tax Annual Amount: 1124.00
  • Assessor Parcel Number: ED-05-07705-03-0300-000
  • Tax Lot: 0300-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: CAPITAL

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2019
Closed on
Jan 6, 2021
Sold by
Herman Capital Holdings Llc
Bought by
Seller's Agent
Larry Thompson
R&R Commerical Realty
Buyer's Agent
Manthan Shah
Tesla Realty Group, LLC
List Price
$275,000
Sold Price
$251,000
Premium/Discount to List
-$24,000
-8.73%
Current Estimated Value
$327,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,289
Avg. Annual Appreciation
6.24%
Original Mortgage
$448,800
Outstanding Balance
$391,281
Interest Rate
2.71%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$37,707

Purchase Details

Closed on
May 9, 2019
Sold by
Gems Properties Llc
Bought by
Herman Capital Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 13, 2007
Sold by
Davis Matthew M and Pierson David H
Bought by
Gems Properties Llc

Purchase Details

Closed on
Feb 17, 2007
Sold by
Hinzman Scott
Bought by
Davis Mathew M and Pierson David H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Dover, DE

  • Bonnie Flinn Real Estate Agent - ERA Martin Associates

    Bonnie Flinn

    ERA Martin Associates

    (443) 383-3599

    101 Total Sales

    1 in Dover

    $438,500 Price

    Bonnie Flinn
     Section Image
  • Nicole Callender Real Estate Agent - Keller Williams Realty Delmarva

    Nicole Callender

    Responds Quickly

    Keller Williams Realty Delmarva

    (443) 251-3558

    225 Total Sales

    1 in Dover

    $356,000 Price

    Nicole Callender
     Section Image
  • Jenna LaFermine Real Estate Agent - Burns & Ellis Realtors

    Jenna LaFermine

    Responds Quickly

    Burns & Ellis Realtors

    (302) 202-3664

    160 Total Sales

    55 in Dover

    $51K - $850K Price Range

    Jenna LaFermine
     Section Image
  • Loretta Garcia Real Estate Agent - Keller Williams Realty Central-Delaware

    Loretta Garcia

    Keller Williams Realty Central-Delaware

    (302) 603-1020

    28 Total Sales

    7 in Dover

    $171K - $335K Price Range

    Loretta Garcia
     Section Image
  • Amy Arnone Real Estate Agent - Jason Mitchell Real Estate NY

    Amy Arnone

    Jason Mitchell Real Estate NY

    (917) 924-6379

    74 Total Sales

    1 in Dover

    $150,000 Price

    Amy Arnone
     Section Image
  • Marquise Dunham-Nelson Real Estate Agent - EXP Realty, LLC

    Marquise Dunham-Nelson

    EXP Realty, LLC

    (888) 273-7713

    30 Total Sales

    2 in Dover

    $310K - $365K Price Range

    Marquise Dunham-Nelson
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$251,000 None Listed On Document
Herman Capital Holdings Llc $227,500 None Available
Gems Properties Llc -- None Available
Davis Mathew M $4,200 Superior Title Bridgeville
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open -- $448,800
Previous Owner Herman Capital Holdings Llc $171,000
Previous Owner Davis Mathew M $224,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/06/2021 01/06/21 Sold $251,000 -2.7% $98 / Sq Ft
10/22/2020 10/22/20 Pending -- -- --
09/03/2020 09/03/20 Price Changed $258,000 -1.9% $101 / Sq Ft
03/10/2020 03/10/20 Price Changed $263,000 -4.4% $103 / Sq Ft
12/16/2019 12/16/19 For Sale $275,000 -- $107 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,345 $228,900 $34,500 $194,400
2024 $1,299 $228,900 $34,500 $194,400
2023 $730 $24,800 $2,100 $22,700
2022 $706 $24,800 $2,100 $22,700
2021 $680 $24,800 $2,100 $22,700
2020 $657 $24,800 $2,100 $22,700
2019 $621 $24,800 $2,100 $22,700
2018 $567 $24,800 $2,100 $22,700
2017 $557 $24,800 $0 $0
2016 $559 $24,800 $0 $0
2015 -- $24,800 $0 $0
2014 -- $24,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • LT

    Seller's Agent in 2021

    Larry Thompson

    R&R Commerical Realty

    (302) 856-4000

    66 Total Sales

    Larry Thompson
    Section Image
  • Manthan Shah Real Estate Agent - Tesla Realty Group, LLC

    Buyer's Agent in 2021

    Manthan Shah

    Tesla Realty Group, LLC

    (973) 626-0325

    20 Total Sales

    Manthan Shah
    Section Image
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Map

Source: Bright MLS

MLS Number: DEKT234690

Bright MLS

APN: 2-05-07705-03-0300-000

Delaware Kent County Dover 19904

217 W Reed St, Dover, DE

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