NOT LISTED FOR SALE

229 Mary St Dover, DE 19904

Dover Area

Estimated Value: $201,000 - $317,000

Studio
2 Baths
2,244 Sq Ft
$120/Sq Ft Est. Value

Sale Details

Date Sold: November 4, 2021

Last sale price $85,000 $38 Per Sq Ft

Est. 218% increase in value since last sale

Current estimated payment $1,599 / mo

83 Days on Market

About This Home

As of November 2021

Income producing duplex in Dover. 4 bedroom 1 bathroom unit currently produces $700 per month. 2 bedroom 1 bathroom unit produces $600 per month. Both units are fully occupied. Don't miss this opportunity to start your investment portfolio.

Last Agent to Sell the Property

Peter Kramer

(302) 541-8787 petekramerrealtor@gmail.com Iron Valley Real Estate at The Beach Listed on: 07/15/2021

Iron Valley Real Estate at The Beach

Co-Listed By

Andrew Bryan

(302) 734-4414 andrewbryanbrg@gmail.com Bryan Realty Group License #RB-0030961

Last Buyer's Agent

Monica Peterson

(302) 378-8700 monicasellstristate@yahoo.com RE/MAX 1st Choice

RE/MAX 1st Choice

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

  • $1,163

Year Built

  • Built in 1925

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 72.00 x 100.00

Parking

  • On-Street Parking

Home Design

  • 2,244 Sq Ft Home
  • Duplex
  • Vinyl Siding

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0800-000
  • Assessor Parcel Number ED-05-06720-03-0800-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,163

Year Built

Built in 1925

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Total Sq Ft: 2244
  • Living Area Sq Ft: 2244
  • Price Per Sq Ft: 60.16
  • Above Grade Finished Sq Ft: 2244
  • Above Grade Finished Area Units: Square Feet

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: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 72.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.00
  • Zoning: RG1
  • In City Limits: Yes

Rental Info

  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2432547
  • School Tax: 664.00
  • Tax Annual Amount: 1163.00
  • Assessor Parcel Number: ED-05-06720-03-0800-000
  • Tax Lot: 0800-000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

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

Closed on
Feb 23, 2024
Sold by
Allstate Capital Investments Llc
Bought by
Current Estimated Value
$270,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.64%
Mortgage Type
Balloon

Purchase Details

Listed on
Jul 15, 2021
Closed on
Nov 5, 2021
Sold by
Dowd James E and Dowd Joann C
Bought by
Allstate Capital Inv Llc
Seller's Agent
Peter Kramer
Iron Valley Real Estate at The Beach
Buyer's Agent
Monica Peterson
RE/MAX 1st Choice
List Price
$135,000
Sold Price
$85,000
Premium/Discount to List
-$50,000
-37.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.19%
Original Mortgage
$165,000
Interest Rate
2.99%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 30, 2015
Sold by
Wright Richmond S
Bought by
Dowd James E and Dowd Joann C

Purchase Details

Closed on
Sep 30, 2014
Sold by
Wrights Rentals Llc
Bought by
Richmond S Wright Irrevocable Trust

Purchase Details

Closed on
Oct 12, 2010
Sold by
Properties Of Dover Llc
Bought by
Wrights Rentals Llc

Purchase Details

Closed on
Nov 20, 2008
Sold by
Wright Richmond S and Wright Richmond Steele
Bought by
Properties Of Dover Llc
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

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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
$135,000 None Listed On Document
Allstate Capital Inv Llc $85,000 None Listed On Document
Dowd James E $43,500 None Available
Richmond S Wright Irrevocable Trust -- None Available
Wrights Rentals Llc -- None Available
Properties Of Dover Llc -- 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 $1,000,000
Closed Nasr Safwat $200,000
Previous Owner Allstate Capital Investments Llc $165,000
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
11/04/2021 11/04/21 Sold $85,000 0.0% $38 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
09/27/2021 09/27/21 Off Market $85,000 -- --
07/15/2021 07/15/21 For Sale $135,000 -- $60 / 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 $1,373 $233,600 $40,100 $193,500
2024 $1,309 $233,600 $40,100 $193,500
2023 $1,572 $27,100 $9,100 $18,000
2022 $774 $27,200 $9,100 $18,100
2021 $746 $27,200 $9,100 $18,100
2020 $720 $27,200 $9,100 $18,100
2019 $681 $27,200 $9,100 $18,100
2018 $621 $27,200 $9,100 $18,100
2017 $611 $27,200 $0 $0
2016 $613 $27,200 $0 $0
2015 $613 $27,200 $0 $0
2014 $614 $27,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT2001036

Bright MLS

APN: 2-05-06720-03-0800-000

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