NOT LISTED FOR SALE

44 Lincoln St Dover, DE 19904

Estimated Value: $237,000 - $332,000

8 Beds
3 Baths
3,098 Sq Ft
$92/Sq Ft Est. Value

Last Sold July 12, 2023

Last sale price $197,960 $64 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,575/month

481 Days on Market

About This Home

As of July 2023

***BACK ON MARKET **** $10k reduction Price to Sell**** Calling ALL Investors or investor/contractors make your money in one location. Multiply income coming from living spaces and apartment. Rental Income $54k year! Fully RENTED with a waiting list! Add to your investment portfolio or just starting out as a new investor this is the house for you. Don't miss out on the opportunity to get an immediate monthly cash flow. The home features a first floor two-bedroom apartment and one bath. The 2nd entrance which is a lodging home rents 4 single rooms on 2nd level, and the 3rd level rents 2 single rooms. Each level has a bathroom. The property is being sold "as is". The adjacent Lot included in sale with the right offer. The lot is 0.34 acres.
The home has a lodging house license and is exempt from 5102 except the apartment. Don't wait any longer you're getting an amazing revenue stream from the Two bedroom Apt and (6) rooms. Call for Financials!

Last Agent to Sell the Property

Colette Ilodigwe

(302) 293-6274 coletterealty@gmail.com Tesla Realty Group, LLC Listed on: 12/01/2021

Tesla Realty Group, LLC

Last Buyer's Agent

Claryssa McEnany

(302) 690-1106 claryssa.mcenany@gmail.com Crown Homes Real Estate License #RS-0024051

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,143

Year Built

  • Built in 1925

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 80.00 x 116.41
  • Property is zoned RG1

Parking

  • Off-Site Parking

Home Design

  • Frame Construction

Interior Spaces

  • 3,098 Sq Ft Home
  • Property has 2 Levels
  • Crawl Space

Bedrooms and Bathrooms

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3300-000
  • Assessor Parcel Number ED-05-07612-02-3300-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,143

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 3098
  • Living Area Sq Ft: 3098
  • Price Per Sq Ft: 66.17
  • Above Grade Finished Sq Ft: 3098
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 8
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Full 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: No
  • Type Of Parking: Off Site

Utilities

  • Central Air Conditioning: No
  • 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 Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.21
  • Lot Dimensions: 80.00 x 116.41
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9148.00
  • Zoning: RG1
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Total Actual Rent: 54000.00
  • Vacation Rental: No

Tax Info

  • School Tax: 573.00
  • Tax Annual Amount: 1143.00
  • Assessor Parcel Number: ED-05-07612-02-3300-000
  • Tax Lot: 3300-000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: CAPITAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Jul 12, 2023
Sold by
Hudson Aubrey W
Bought by
Davidson Rental Homes Llc
Seller's Agent
Colette Ilodigwe
Tesla Realty Group, LLC
Buyer's Agent
Claryssa McEnany
Crown Homes Real Estate
List Price
$220,000
Sold Price
$197,960
Premium/Discount to List
-$22,040
-10.02%
Views
347
Current Estimated Value
$286,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,330
Avg. Annual Appreciation
16.04%
Original Mortgage
$148,470
Outstanding Balance
$144,849
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$141,441
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

Date Buyer Sale Price Title Company
Davidson Rental Homes Llc $197,960 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davidson Rental Homes Llc $148,470
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2023 07/12/23 Sold $197,960 -3.4% $64 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
03/04/2023 03/04/23 Price Changed $205,000 -4.7% $66 / Sq Ft
01/05/2023 01/05/23 Price Changed $215,000 -2.3% $69 / Sq Ft
01/03/2023 01/03/23 For Sale $220,000 +11.1% $71 / Sq Ft
12/31/2022 12/31/22 Off Market $197,960 -- --
10/22/2022 10/22/22 Price Changed $220,000 -2.2% $71 / Sq Ft
07/26/2022 07/26/22 Price Changed $225,000 -1.7% $73 / Sq Ft
06/27/2022 06/27/22 Price Changed $229,000 -0.4% $74 / Sq Ft
04/25/2022 04/25/22 Price Changed $230,000 -4.1% $74 / Sq Ft
04/01/2022 04/01/22 Price Changed $239,900 -4.0% $77 / Sq Ft
01/12/2022 01/12/22 Price Changed $249,900 -3.8% $81 / Sq Ft
12/01/2021 12/01/21 For Sale $259,900 -- $84 / 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 $954 $162,400 $54,000 $108,400
2024 $922 $162,400 $54,000 $108,400
2023 $692 $23,500 $3,700 $19,800
2022 $669 $23,500 $3,700 $19,800
2021 $644 $23,500 $3,700 $19,800
2020 $622 $23,500 $3,700 $19,800
2019 $588 $23,500 $3,700 $19,800
2018 $537 $23,500 $3,700 $19,800
2017 $528 $23,500 $0 $0
2016 $530 $23,500 $0 $0
2015 $529 $23,500 $0 $0
2014 $531 $23,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT2004980

Bright MLS

APN: 2-05-07612-02-3300-000