Seller's Agent in 2021
Jared Trayer
Chinburg Management, LLC
(603) 520-6468
1 in this area
6 Total Sales
Estimated Value: $4,840,704
Studio
19
Baths
16,635
Sq Ft
$291/Sq Ft
Est. Value
Highlights
- Corner Lot
- Garden Home
- 2-minute walk to Immigrants park
- Baseboard Heating
About This Home
As of October 2021Well maintained 18 apartments plus 1 commercial unit For Sale! In the heart of Downtown Dover with on site parking! Currently and historically 100% occupied! Many upgrades in recent years make this property turn key for the next owner. Financials, full photo library, lease matrix and capital improvement list available upon request. Showings start Wednesday July 28th at 11:00 am!
Last Agent to Sell the Property
Chinburg Management, LLC License #058251 Listed on: 07/22/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $30,088
Year Built
- Built in 1920
Lot Details
- 13,939 Sq Ft Lot
- Corner Lot
- Lot Sloped Up
Parking
- Paved Parking
Home Design
- Garden Home
- Flat Roof Shape
- Poured Concrete
- Wood Frame Construction
- Architectural Shingle Roof
- Membrane Roofing
- Clap Board Siding
- Vinyl Siding
Interior Spaces
- 19 Full Bathrooms
- 2-Story Property
- Finished Basement
- Interior Basement Entry
Utilities
- Baseboard Heating
- Heating System Uses Natural Gas
- Underground Utilities
- 100 Amp Service
- Natural Gas Water Heater
Listing and Financial Details
- Tax Block 42
Community Details
Overview
- 19 Units
Building Details
- Operating Expense $78,013
- Gross Income $285,919
- Net Operating Income $207,906
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 22, 2021
Closed on
Oct 22, 2021
Sold by
Bollard Properties Llc
Bought by
Franklin Sq Apt Llc
Seller's Agent
Jared Trayer
Chinburg Management, LLC
Buyer's Agent
Jared Trayer
Chinburg Management, LLC
List Price
$3,985,000
Sold Price
$3,600,000
Premium/Discount to List
-$385,000
-9.66%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,240,704
Avg. Annual Appreciation
6.82%
Original Mortgage
$2,600,000
Outstanding Balance
$2,334,647
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$2,506,057
Purchase Details
Closed on
Feb 13, 2014
Sold by
Field & Foster Inc
Bought by
Bollard Props
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Franklin Sq Apt Llc | $3,600,000 | None Available | |
| Franklin Sq Apt Llc | $3,600,000 | None Available | |
| Bollard Props | $1,027,700 | -- | |
| Bollard Props | $1,027,700 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Franklin Sq Apt Llc | $2,600,000 | |
| Closed | Franklin Sq Apt Llc | $2,600,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/26/2021 10/26/21 | Sold | $3,600,000 | 0.0% | $216 / Sq Ft |
| 10/01/2021 10/01/21 | Off Market | $3,600,000 | -- | -- |
| 07/27/2021 07/27/21 | Pending | -- | -- | -- |
| 07/24/2021 07/24/21 | Pending | -- | -- | -- |
| 07/22/2021 07/22/21 | For Sale | $3,985,000 | -- | $240 / Sq Ft |
Source: PrimeMLS
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 | $56,787 | $2,885,500 | $385,400 | $2,500,100 |
| 2024 | $56,045 | $3,084,500 | $385,400 | $2,699,100 |
| 2023 | $57,680 | $3,084,500 | $385,400 | $2,699,100 |
| 2022 | $59,125 | $2,980,100 | $308,300 | $2,671,800 |
| 2021 | $30,595 | $1,409,900 | $280,300 | $1,129,600 |
| 2020 | $30,088 | $1,210,800 | $254,800 | $956,000 |
| 2019 | $30,168 | $1,197,600 | $254,800 | $942,800 |
| 2018 | $31,300 | $1,256,000 | $236,600 | $1,019,400 |
| 2017 | $31,417 | $1,214,400 | $215,000 | $999,400 |
| 2016 | $31,927 | $1,214,400 | $215,000 | $999,400 |
| 2015 | $32,315 | $1,214,400 | $215,000 | $999,400 |
| 2014 | $31,587 | $1,214,400 | $215,000 | $999,400 |
| 2011 | $31,993 | $1,273,600 | $215,000 | $1,058,600 |
Source: Public Records
Agents Affiliated with this Home
-
Jared Trayer
Map
Source: PrimeMLS
MLS Number: 4873696
APN: DOVR-003042
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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