NOT LISTED FOR SALE

224 N Governors Ave Dover, DE 19904

Estimated Value: $238,000 - $304,000

3 Beds
1.5 Baths
2,052 Sq Ft
$131/Sq Ft Est. Value

Last Sold April 07, 2017

Last sale price $85,000 $41 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $1,547/month

31 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Eat-In Kitchen
  • 1 Fireplace
  • 4 Car Detached Garage
  • Living Room

About This Home

As of April 2017

R-9732 is a fantastic opportunity to own an Old Dover Home at a fraction of its value. This home sold 10 years ago for less than half this price and not much has changed. With a list price of just 95,000 this is less than $47.00 a sq. ft. You cannot find a superior buy in Dover. With old time amenities that include pocket doors, wide plank hardwood flooring, intricate wooden staircase, stained glass window, claw foot bathtub and so much more. Step back in time with the modern amenities like dual zone heat and AC, insulated windows, Rinnai Hot Water Heater and more. This home offers a private fenced back yard with side deck, front covered porch and 2 that's right 2 / 2 car garages. That's enough for 4 cars, 2 cars and a boat, 2 cars and a work shop. Just so many possibilities. This is a Fannie Mae reverse Mortgage home. Investors Welcome now. No Transfer Tax.

Last Agent to Sell the Property

Steve Schmidt

RE/MAX Horizons License #RB-0031118 Listed on: 01/06/2017

RE/MAX Horizons

Co-Listed By

Barbara Schmidt

RE/MAX Horizons

Last Buyer's Agent

Dawn Wolf

Compass License #RS-0020986

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $764

Year Built

  • Built in 1930

Lot Details

  • 5,760 Sq Ft Lot
  • Lot Dimensions are 40x144
  • Property is zoned RG1

Parking

  • 4 Car Detached Garage
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • 2,052 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Partial Basement
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7300-000
  • Assessor Parcel Number ED-05-07608-02-7300-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$764

Year Built

Built in 1930

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1930
  • Remarks Public: R-9732 is a fantastic opportunity to own an Old Dover Home at a fraction of its value. This home sold 10 years ago for less than half this price and not much has changed. With a list price of just 95,000 this is less than $47.00 a sq. ft. You cannot find a superior buy in Dover. With old time amenities that include pocket doors, wide plank hardwood flooring, intricate wooden staircase, stained glass window, claw foot bathtub and so much more. Step back in time with the modern amenities like dual zone heat and AC, insulated windows, Rinnai Hot Water Heater and more. This home offers a private fenced back yard with side deck, front covered porch and 2 that's right 2 / 2 car garages. That's enough for 4 cars, 2 cars and a boat, 2 cars and a work shop. Just so many possibilities. This is a Fannie Mae reverse Mortgage home. Investors Welcome now. No Transfer Tax.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2052
  • Living Area Sq Ft: 2052
  • Net Sq Ft: 2052.00
  • Price Per Sq Ft: 46.30
  • Above Grade Finished Sq Ft: 2052
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 224

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding
  • Access To Pool: No
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Street
  • Garage Features: Oversized
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: On Street, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • 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

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: 40X144
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5760.00
  • Property Attached Yn: No
  • Zoning: RG1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2436097
  • Tax Annual Amount: 764.00
  • Assessor Parcel Number: ED-05-07608-02-7300-000
  • Tax Lot: 7300-000
  • Tax Year: 2016
  • Close Date: 04/07/2017

MLS Schools

  • School District Name: CAPITAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2017
Closed on
Apr 7, 2017
Sold by
Fannie Mae
Bought by
Jones Stephanie D
Seller's Agent
Steve Schmidt
RE/MAX Horizons
Buyer's Agent
Dawn Wolf
Compass
List Price
$95,000
Sold Price
$85,000
Premium/Discount to List
-$10,000
-10.53%
Current Estimated Value
$268,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,492
Avg. Annual Appreciation
14.67%
Original Mortgage
$117,717
Interest Rate
4.21%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 2005
Sold by
Passley Clinton G and Passley Renata
Bought by
Kimball Eloise
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
Jones Stephanie D -- None Available
Kimball Eloise $3,300 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Stephanie D $166,000
Closed Jones Stephanie D $157,966
Closed Jones Stephanie D $117,717
Previous Owner Kimball Eloise $342,000
Previous Owner Passley Renate $178,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2017 04/07/17 Sold $85,000 0.0% $41 / Sq Ft
02/06/2017 02/06/17 Pending -- -- --
01/25/2017 01/25/17 Off Market $85,000 -- --
01/06/2017 01/06/17 For Sale $95,000 -- $46 / 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 $1,141 $201,000 $39,000 $162,000
2023 $998 $33,900 $8,300 $25,600
2022 $965 $33,900 $8,300 $25,600
2021 $929 $33,900 $8,300 $25,600
2020 $898 $33,900 $8,300 $25,600
2019 $74 $33,900 $8,300 $25,600
2018 $775 $33,900 $8,300 $25,600
2017 $762 $33,900 $0 $0
2016 $764 $33,900 $0 $0
2015 $457 $33,900 $0 $0
2014 $457 $33,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000055488

Bright MLS

APN: 2-05-07608-02-7300-000