Seller's Agent in 2019
Philip McGinnis
McGinnis Commercial Real Estate
(302) 270-0656
31 Total Sales
225 Cecil St Dover, DE 19904
Dover AreaEstimated Value: $274,755 - $293,000
Studio
3
Baths
2,354
Sq Ft
$121/Sq Ft
Est. Value
Highlights
- No HOA
- Electric Baseboard Heater
- South Facing Home
- Cooling System Mounted In Outer Wall Opening
About This Home
As of November 2019Three unit apartment on Cecil Street just west of Wesley College. This property has a sprinkler system. Two units have two bedrooms, and one unit has one bedroom. Great location and always occupied. All units on month-to-month leases.
Last Agent to Sell the Property
(302) 736-1538 pjm@mcginnisrealty.com McGinnis Commercial Real Estate License #R1-0001967 Listed on: 11/14/2018
Last Buyer's Agent
(302) 736-1538 pjm@mcginnisrealty.com McGinnis Commercial Real Estate License #R1-0001967 Listed on: 11/14/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $975
Year Built
- Built in 1930
Lot Details
- 4,500 Sq Ft Lot
- Lot Dimensions are 50x90
- South Facing Home
- Sprinkler System
- Property is in good condition
Parking
- On-Street Parking
Home Design
- 2,354 Sq Ft Home
- Triplex
- Converted Dwelling
- Brick Foundation
- Pitched Roof
- Shingle Roof
- Vinyl Siding
Schools
- Central Middle School
- Dover High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Electric Baseboard Heater
- Electric Water Heater
- Municipal Trash
Listing and Financial Details
- The owner pays for advertising/licenses and permits, insurance, repairs, sewer, real estate taxes, trash collection, water
- Tax Lot 5500-000
- Assessor Parcel Number ED-05-07608-02-5500-000
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Income includes apartment rentals
- Electric Expense $1,860
- Insurance Expense $386
- Maintenance Expense $1,000
- Other Expense $3,654
- Operating Expense $6,484
- Net Operating Income $21,000
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
Nov 14, 2018
Closed on
Nov 20, 2019
Sold by
Bought by
Seller's Agent
Philip McGinnis
McGinnis Commercial Real Estate
Buyer's Agent
Philip McGinnis
McGinnis Commercial Real Estate
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,689
Avg. Annual Appreciation
5.46%
Original Mortgage
$150,000
Interest Rate
0.0375%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 17, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
0.0647%
Mortgage Type
Future Advance Clause Open End Mortgage
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $200,000 | None Available | ||
| $2,175 | None Available |
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 | $150,000 | ||
| Previous Owner | $108,750 |
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 |
|---|---|---|---|---|
| 11/22/2019 11/22/19 | Sold | $200,000 | -7.0% | $85 / Sq Ft |
| 08/12/2019 08/12/19 | Price Changed | $215,000 | -4.4% | $91 / Sq Ft |
| 11/14/2018 11/14/18 | For Sale | $225,000 | -- | $96 / 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 | $1,247 | $212,200 | $37,900 | $174,300 |
| 2024 | $1,204 | $212,200 | $37,900 | $174,300 |
| 2023 | $665 | $22,600 | $7,500 | $15,100 |
| 2022 | $643 | $22,600 | $7,500 | $15,100 |
| 2021 | $620 | $22,600 | $7,500 | $15,100 |
| 2020 | $598 | $22,600 | $7,500 | $15,100 |
| 2019 | $566 | $22,600 | $7,500 | $15,100 |
| 2018 | $516 | $22,600 | $7,500 | $15,100 |
| 2017 | $508 | $22,600 | $0 | $0 |
| 2016 | $510 | $22,600 | $0 | $0 |
| 2015 | -- | $22,600 | $0 | $0 |
| 2014 | -- | $20,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Philip McGinnis
Map
Source: Bright MLS
MLS Number: DEKT174752
APN: 2-05-07608-02-5500-000
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