NOT LISTED FOR SALE

228 N State St Dover, DE 19901

Estimated Value: $531,000 - $664,725

5 Beds
5.5 Baths
3,973 Sq Ft
$143/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $643,000 $162 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $3,267/month

163 Days on Market

Highlights

  • Gourmet Kitchen
  • Tudor Architecture
  • Furnished
  • 0.52 Acre Lot
  • Attic
  • No HOA

About This Home

As of September 2023

Stunning home located on a half acre in the downtown historic district is warm, welcoming and beautifully appointed. This Tudor style beauty is spacious and well-equipped to entertain large gatherings with its gourmet kitchen, spacious dining area, charming parlor with fireplace, cozy sunroom, large front porch and back patio. Expansive, private, primary suite on main level with sitting room. The upper level you'll find 4 large bedrooms, each with its own ensuite full bath. This property is currently The State Street Inn, a 5 star rated bed and breakfast, once home to Simeon Selby Pennewell, the 55th Governor of the State of Delaware. This property could be the HOME of your dreams! Added bonus is an income producing 900 sq ft., 2 bedroom apartment above the oversized garage, lease in place. Tons of storage, walk-up attic. Call to schedule your private tour today!

Last Agent to Sell the Property

Tracy Surguy

Burns & Ellis Realtors License #R3-0017537 Listed on: 02/04/2023

Last Buyer's Agent

Tyler Anaya

SVN |Miller Commercial Real Estate License #RS-0039690

SVN |Miller Commercial Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,205

Year Built

  • Built in 1928

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 150.00 x 151.60
  • Sprinkler System
  • Property is zoned RG1

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Alley Access
  • Driveway
  • On-Street Parking

Home Design

  • Tudor Architecture
  • Permanent Foundation
  • Frame Construction

Interior Spaces

  • 3,973 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Library
  • Home Gym
  • Laundry on main level
  • Attic
  • Unfinished Basement

Kitchen

  • Gourmet Kitchen
  • Butlers Pantry
  • Six Burner Stove

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Utilities

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

Community Details

  • No Home Owners Association
  • Olde Dover Subdivision

Listing and Financial Details

  • Tax Lot 5000-000
  • Assessor Parcel Number ED-05-06817-02-5000-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,205

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Tudor
  • Ownership: Fee Simple
  • Exclusions: Some furniture items and artwork (seller to provide detailed list).
  • Inclusions: All kitchen appliances, washer and dryer. All items needed to operate bed and breakfast.
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1928
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Six Burner Stove
  • Interior Amenities: Attic, Butlers Pantry, Kitchen - Gourmet, Sprinkler System
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Permanent
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Library, Exercise Room, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 3973
  • Living Area Sq Ft: 3973
  • Price Per Sq Ft: 163.60
  • Above Grade Finished Sq Ft: 3973
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 228

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

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 Spaces: 2.00
  • Garage: Yes
  • Garage Features: Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Alley, Detached Garage, Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 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
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.52
  • Lot Dimensions: 150.00 x 151.60
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22800.00
  • Year Assessed: 2023
  • Zoning: RG1
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • School Tax: 2647.00
  • Tax Annual Amount: 5205.00
  • Assessor Parcel Number: ED-05-06817-02-5000-000
  • Tax Lot: 5000-000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 09/29/2023

MLS Schools

  • School District Name: CAPITAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2023
Closed on
Sep 29, 2023
Sold by
Fjs Hospitality Llc
Bought by
Kirins Hospitality Llc
Seller's Agent
Tracy Surguy
Burns & Ellis Realtors
Buyer's Agent
Tyler Anaya
SVN |Miller Commercial Real Estate
List Price
$725,000
Sold Price
$643,000
Premium/Discount to List
-$82,000
-11.31%
Views
601
Current Estimated Value
$568,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$74,319
Avg. Annual Appreciation
-6.09%

Purchase Details

Listed on
May 5, 2017
Closed on
May 5, 2017
Sold by
Hall Hall J and Hall Yvonne A
Bought by
Fjs Hospitality Llc
Seller's Agent
Yvonne Hall
Keller Williams Realty Central-Delaware
Buyer's Agent
Tracy Surguy
Burns & Ellis Realtors
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.09%
Original Mortgage
$510,000
Interest Rate
4.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 16, 2003
Bought by
Kanegis Hall J and Kanegis Karen E
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
Kirins Hospitality Llc $643,000 None Listed On Document
Fjs Hospitality Llc $600,000 None Available
Kanegis Hall J $238,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fjs Hospitality Llc $510,000
Previous Owner Hall J Michael $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $643,000 -1.1% $162 / Sq Ft
07/17/2023 07/17/23 Pending -- -- --
05/24/2023 05/24/23 Price Changed $650,000 -7.0% $164 / Sq Ft
05/22/2023 05/22/23 Price Changed $699,000 -1.5% $176 / Sq Ft
04/04/2023 04/04/23 Price Changed $710,000 -1.4% $179 / Sq Ft
03/14/2023 03/14/23 Price Changed $720,000 -0.7% $181 / Sq Ft
02/04/2023 02/04/23 For Sale $725,000 +20.8% $182 / Sq Ft
05/05/2017 05/05/17 Sold $600,000 -4.0% $188 / Sq Ft
05/05/2017 05/05/17 Pending -- -- --
05/05/2017 05/05/17 For Sale $625,000 -- $196 / 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 $2,841 $503,800 $128,500 $375,300
2024 $2,841 $500,600 $128,500 $372,100
2023 $6,021 $104,000 $31,700 $72,300
2022 $2,960 $104,000 $31,700 $72,300
2021 $5,604 $104,000 $31,700 $72,300
2020 $2,753 $104,000 $31,700 $72,300
2019 $2,603 $104,000 $31,700 $72,300
2018 $2,376 $113,500 $31,700 $81,800
2017 $2,336 $104,000 $0 $0
2016 $1,845 $104,000 $0 $0
2015 $1,843 $104,000 $0 $0
2014 $2,349 $104,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT2017090

Bright MLS

APN: 2-05-06817-02-5000-000