$125,000
SOLD MAY 29, 2026

240 Grinding Wheel Dr Dover, DE 19904

Dover Area
3 Beds
2.5 Baths
1,827 Sq Ft
5,271 Sq Ft Lot

Sale Details

Date Sold: May 29, 2026

$68 Per Sq Ft

4% Above List Price

14 Days on Market

Highlights

  • Contemporary Architecture
  • 1 Car Attached Garage
  • Central Heating and Cooling System
  • No HOA

About This Home

As of May 2026

Opportunity Knocks in Established Dover Community 240 Grinding Wheel Dr., Dover, DE Opportunity knocks for the savvy investor, contractor, or buyer looking to build equity. This property has experienced fire damage and is being sold in as-is condition, offering significant upside potential for renovation, resale, or rental income. Located in a well-established Dover neighborhood, this home sits on a desirable lot with strong comparable values in the surrounding area — making it a prime candidate for a strategic rehab project. Why This Property Makes Sense: Solid footprint and layout ready for reimagination Opportunity to customize finishes and maximize ARV Potential flip, rental, or long-term hold Convenient location near shopping, schools, Route 13, and Dover Air Force Base Limited inventory of investor-ready properties in this price range With the right vision and execution, this property could become a strong addition to any investment portfolio. Bring your contractor, your imagination, and your offer. Properties with this level of upside potential don’t last long. For additional details, access information, or to schedule a showing, contact an agent today.

Last Agent to Sell the Property

Stephanie Lehane

(302) 659-1320 customercare@lehaneteam.com RE/MAX Eagle Realty Brokerage Phone: 3026591320 Listed on: 02/11/2026

RE/MAX Eagle Realty

Last Buyer's Agent

Steve Schmidt

(302) 678-4300 steve@delawarerealestate.com RE/MAX Horizons License #RB-0031118

RE/MAX Horizons

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,515

Year Built

  • Built in 1996

Lot Details

  • 5,271 Sq Ft Lot
  • Lot Dimensions are 43.75 x 120.00

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 1,827 Sq Ft Home
  • Property has 2 Levels
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Millcreek Subdivision

Listing and Financial Details

  • Tax Lot 2600-000
  • Assessor Parcel Number ED-05-05717-02-2600-000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,515

Year Built

Built in 1996

Lot Details

5,271 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1996
  • Automatically Close On Close Date: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1827
  • Living Area Sq Ft: 1827
  • Price Per Sq Ft: 65.68
  • Above Grade Finished Sq Ft: 1827
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

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 Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

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

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 43.75 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5271.00
  • Zoning: RM1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1355.00
  • Tax Annual Amount: 1515.00
  • Assessor Parcel Number: ED-05-05717-02-2600-000
  • Tax Lot: 2600-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

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
Oct 14, 2025
Sold by
Bought by

Purchase Details

Closed on
Feb 1, 1996
Bought by
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 Type Sale Price Title Company
Sheriffs Deed $208,623 None Listed On Document
Deed $112,900 --
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 Loan Amount Loan Type
Previous Owner $161,700 New Conventional
Previous Owner $160,000 Unknown
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
05/29/2026 05/29/26 Sold $125,000 +4.2% $68 / Sq Ft
02/25/2026 02/25/26 Pending -- -- --
02/11/2026 02/11/26 For Sale $120,000 -- $66 / 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 $1,502 $255,600 $82,800 $172,800
2024 $1,451 $255,600 $82,800 $172,800
2023 $4,280 $48,300 $5,900 $42,400
2022 $2,699 $48,300 $5,900 $42,400
2021 $1,324 $48,300 $5,900 $42,400
2020 $1,279 $48,300 $5,900 $42,400
2019 $1,209 $48,300 $5,900 $42,400
2018 $1,104 $48,300 $5,900 $42,400
2017 $1,112 $49,500 $0 $0
2016 $1,116 $49,500 $0 $0
2015 $1,115 $49,500 $0 $0
2014 $1,118 $49,500 $0 $0
Source: Public Records

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Map

Source: Bright MLS

MLS Number: DEKT2044388

Bright MLS

APN: 2-05-05717-02-2600-000

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