NOT LISTED FOR SALE

32 S Governors Ave Dover, DE 19904

Dover Area

Estimated Value: $273,000 - $300,000

Studio
4 Baths
4,212 Sq Ft
$69/Sq Ft Est. Value

Sale Details

Date Sold: July 1, 2024

Last sale price $293,000 $70 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,667 / mo

160 Days on Market

Highlights

  • Traditional Architecture
  • Electric Baseboard Heater
  • 4-minute walk to Constitution Park
  • 2 Car Detached Garage
  • Energy-Efficient Windows

About This Home

As of July 2024

Income producing 4 unit apartment building in Downtown Dover. 1/2 block from Delaware State University, shopping, restaurants and pubs. Recently renovated with new roof, siding and windows. Property consists of 2 studio apartments, 1-one bedroom and 1-two bedroom. There is a detached oversized 2 car garage that can be rented for storage or used by the owners. Owner pays water and sewer 80-120 per month. All units are on their on own electric and paid by tenant.
A great opportunity with over $4,148 a month in gross income. All tenants have leases in place.

Last Agent to Sell the Property

Steve Schmidt

(302) 678-4300 steve@delawarerealestate.com RE/MAX Horizons License #RB-0031118 Listed on: 03/29/2023

RE/MAX Horizons

Co-Listed By

Barbara Schmidt

(302) 678-4300 steve@delawarerealestate.com RE/MAX Horizons

Last Buyer's Agent

Bee Brown

(302) 504-6147 brendanbrown@c21gk.com Crown Homes Real Estate License #RS0038791

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,538

Year Built

  • Built in 1910 | Remodeled in 2022

Lot Details

  • 4,500 Sq Ft Lot
  • Lot Dimensions are 30.00 x 151.50
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • Front Facing Garage

Home Design

  • Quadruplex
  • Traditional Architecture
  • Block Foundation
  • Vinyl Siding

Eco-Friendly Details

  • Energy-Efficient Windows

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Unfinished Basement

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for water, sewer
  • Assessor Parcel Number ED-05-07705-03-3300-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,538

Year Built

Built in 1910 | Remodeled in 2022

Lot Details

4,500 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Year Renovated: 2022
  • Automatically Close On Close Date: No
  • Special Features: NewHome

Interior Features

  • Window Features: Energy Efficient
  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 4212
  • Living Area Sq Ft: 4212
  • Price Per Sq Ft: 142.40
  • Above Grade Finished Sq Ft: 2106
  • Below Grade Finished Sq Ft: 2106
  • Total Below Grade Sq Ft: 2106
  • 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 Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.10
  • Lot Dimensions: 30.00 x 151.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4500.00
  • Property Condition: Good
  • Zoning: OLDE DOVER
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Owner Pays: Water, Sewer
  • Vacation Rental: No

Tax Info

  • School Tax: 708.00
  • Tax Annual Amount: 1538.00
  • Assessor Parcel Number: ED-05-07705-03-3300-000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

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

Listed on
Mar 29, 2023
Closed on
Jul 1, 2024
Sold by
Bought by
Seller's Agent
Steve Schmidt
RE/MAX Horizons
Buyer's Agent
Bee Brown
Crown Homes Real Estate
List Price
$299,900
Sold Price
$293,000
Premium/Discount to List
-$6,900
-2.3%
Views
913
Current Estimated Value
$289,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,244
Avg. Annual Appreciation
-0.54%
Original Mortgage
$234,400
Interest Rate
0.0694%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 8, 2020
Closed on
May 28, 2021
Sold by
Bought by
Seller's Agent
Steve Schmidt
RE/MAX Horizons
Buyer's Agent
Steve Schmidt
RE/MAX Horizons
List Price
$170,000
Sold Price
$150,000
Premium/Discount to List
-$20,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.11%

Purchase Details

Closed on
Feb 16, 2011
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
$121,500
Interest Rate
0.0477%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2007
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
$124,000
Interest Rate
0.0641%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 19, 2005
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
$80,000
Interest Rate
0.0573%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$293,000 None Listed On Document
$150,000 None Available
-- None Available
$156,000 None Available
-- 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 $234,400
Previous Owner $121,500
Previous Owner $124,000
Previous Owner $80,000
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 Prior Sale
07/01/2024 07/01/24 Sold $293,000 -2.3% $70 / Sq Ft
06/03/2024 06/03/24 For Sale $299,900 0.0% $71 / Sq Ft
05/08/2024 05/08/24 Off Market $299,900 -- --
02/21/2024 02/21/24 Price Changed $299,900 0.0% $71 / Sq Ft
02/21/2024 02/21/24 For Sale $299,900 +2.4% $71 / Sq Ft
11/23/2023 11/23/23 Off Market $293,000 -- --
10/31/2023 10/31/23 For Sale $289,900 0.0% $69 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
08/03/2023 08/03/23 Price Changed $289,900 -3.3% $69 / Sq Ft
03/29/2023 03/29/23 For Sale $299,900 +99.9% $71 / Sq Ft
05/28/2021 05/28/21 Sold $150,000 0.0% -- View Prior Sale
03/10/2021 03/10/21 Pending -- -- --
03/10/2021 03/10/21 Off Market $150,000 -- --
03/06/2021 03/06/21 Price Changed $159,900 -5.9% --
12/08/2020 12/08/20 For Sale $170,000 -- --
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 $1,223 $208,100 $37,900 $170,200
2024 $1,181 $208,100 $37,900 $170,200
2023 $807 $27,400 $2,700 $24,700
2022 $780 $27,400 $2,700 $24,700
2021 $779 $28,400 $2,700 $25,700
2020 $752 $28,400 $2,700 $25,700
2019 $711 $28,400 $2,700 $25,700
2018 $649 $28,400 $2,700 $25,700
2017 $638 $28,400 $0 $0
2016 $640 $28,400 $0 $0
2015 -- $28,400 $0 $0
2014 -- $28,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve Schmidt

    Seller's Agent in 2024

    Steve Schmidt

    RE/MAX

    (302) 678-4326

    5 in this area

    135 Total Sales

    Steve Schmidt
    Section Image
  • Barbara Schmidt

    Seller Co-Listing Agent in 2024

    Barbara Schmidt

    RE/MAX

    (302) 242-2737

    58 Total Sales

    Barbara Schmidt
    Section Image

  • B

    Buyer's Agent in 2024

    Bee Brown

    Crown Homes Real Estate

    (267) 895-6633

    23 Total Sales

    Bee Brown
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DEKT2018320

Bright MLS

APN: 2-05-07705-03-3300-000

Delaware Kent County Dover 19904

32 S Governors Ave, Dover, DE

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