NOT LISTED FOR SALE

46 S Governors Ave Dover, DE 19904

Dover Area

Estimated Value: $222,000 - $298,000

Studio
2 Baths
3,088 Sq Ft
$84/Sq Ft Est. Value

Sale Details

Date Sold: December 6, 2023

Last sale price $280,000 $91 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,517 / mo

34 Days on Market

Highlights

  • Colonial Architecture
  • Electric Baseboard Heater
  • 4-minute walk to Constitution Park

About This Home

As of December 2023

Great opportunity to own a four unit in downtown Dover near Delaware State University. 4 one bedroom units. All units have separate gas and electric. Buy today and start making a Profit today. Well maintained property with potential for more increased income. Don't wait. Multi units in downtown Dover have been selling quickly. One downstairs unit just rehab and is vacant and just calling for an owner occupant. Let the tenants pay your mortgage.
3 units currently rented with a gross income of $2,275 a month. Rents to increase on Jan 1 to $2,700 a month. possible income of $3,600 at full occupancy.

Last Agent to Sell the Property

Steve Schmidt

(302) 678-4300 steve@delawarerealestate.com RE/MAX Horizons License #RB-0031118 Listed on: 09/12/2023

RE/MAX Horizons

Co-Listed By

Barbara Schmidt

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

Last Buyer's Agent

Steve Schmidt

(302) 678-4300 steve@delawarerealestate.com RE/MAX Horizons License #RB-0031118 Listed on: 09/12/2023

RE/MAX Horizons

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

  • $1,529

Year Built

  • Built in 1900

Lot Details

  • 2,600 Sq Ft Lot
  • Lot Dimensions are 42.17 x 64.12

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 3,088 Sq Ft Home
  • Crawl Space

Utilities

  • Cooling Available
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 2400-000
  • Assessor Parcel Number ED-05-07705-03-2400-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,529

Year Built

Built in 1900

Lot Details

2,600 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Stories: 0

Interior Features

  • Foundation Details: Crawl Space
  • Basement: No
  • Total Sq Ft: 3088
  • Living Area Sq Ft: 3088
  • Price Per Sq Ft: 97.12
  • Above Grade Finished Sq Ft: 3088
  • Above Grade Finished Area Units: Square Feet

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: On Street

Utilities

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 42.17 x 64.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2600.00
  • Zoning: C1A
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 822.00
  • Tax Annual Amount: 1529.00
  • Assessor Parcel Number: ED-05-07705-03-2400-000
  • Tax Lot: 2400-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

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
Oct 14, 2021
Closed on
Jan 7, 2022
Sold by
John Hensley Jr
Bought by
Seller's Agent
Shawna Kirlin
NextHome Preferred
Buyer's Agent
Dustin Oldfather
Compass
List Price
$200,000
Sold Price
$193,000
Premium/Discount to List
-$7,000
-3.5%
Current Estimated Value
$259,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,428
Avg. Annual Appreciation
6.57%
Original Mortgage
$187,210
Outstanding Balance
$168,990
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$90,438

Purchase Details

Closed on
Dec 1, 1984
Bought by
Hensley John and Forsee Daniel E
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

  • Kristina Hyland Real Estate Agent - Coldwell Banker Chesapeake Real Estate Company

    Kristina Hyland

    Coldwell Banker Chesapeake Real Estate Company

    (667) 243-9976

    131 Total Sales

    1 in Dover

    $385,000 Price

    Kristina Hyland
     Section Image
  • Amanda Bradford Real Estate Agent - Crown Homes Real Estate

    Amanda Bradford

    Responds Quickly

    Crown Homes Real Estate

    (302) 281-1914

    169 Total Sales

    5 in Dover

    $331K - $400K Price Range

    Amanda Bradford
     Section Image
  • Octavia Williams Real Estate Agent - Century 21 Gold Key Realty

    Octavia Williams

    Century 21 Gold Key Realty

    (302) 208-6653

    120 Total Sales

    10 in Dover

    $175K - $345K Price Range

    Octavia Williams
     Section Image
  • Angela Ferguson Real Estate Agent - RE/MAX Associates-Hockessin

    Angela Ferguson

    RE/MAX Associates-Hockessin

    (302) 314-0098

    75 Total Sales

    6 in Dover

    $30K - $290K Price Range

    Angela Ferguson
     Section Image
  • Gina Spiese Real Estate Agent - Crown Homes Real Estate

    Gina Spiese

    Crown Homes Real Estate

    (484) 233-6052

    33 Total Sales

    3 in Dover

    $262K - $345K Price Range

    Gina Spiese
     Section Image
  • Dawn Harris Real Estate Agent - Keys & Deeds Realty

    Dawn Harris

    Keys & Deeds Realty

    (215) 608-3909

    82 Total Sales

    1 in Dover

    $430,000 Price

    Dawn Harris
     Section Image
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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
$193,000 Baird Mandalas Brockstedt Llc
Hensley John $39,500 --
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 $9,558
Open Lee Monioue $187,210
Previous Owner Hensley John $42,000
Previous Owner Hensley John $174,200
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
12/06/2023 12/06/23 Sold $280,000 0.0% $91 / Sq Ft
10/29/2023 10/29/23 Off Market $280,000 -- --
10/26/2023 10/26/23 For Sale $299,900 0.0% $97 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
09/12/2023 09/12/23 For Sale $299,900 +55.4% $97 / Sq Ft
01/07/2022 01/07/22 Sold $193,000 +2.7% $96 / Sq Ft View Prior Sale
11/19/2021 11/19/21 Pending -- -- --
11/13/2021 11/13/21 Price Changed $188,000 +4.4% $93 / Sq Ft
11/13/2021 11/13/21 Price Changed $180,000 -5.0% $89 / Sq Ft
11/08/2021 11/08/21 Price Changed $189,500 -1.6% $94 / Sq Ft
10/28/2021 10/28/21 Price Changed $192,500 -1.3% $95 / Sq Ft
10/19/2021 10/19/21 Price Changed $195,000 -2.5% $97 / Sq Ft
10/14/2021 10/14/21 For Sale $200,000 -- $99 / 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 $1,104 $187,900 $37,900 $150,000
2024 $1,067 $187,900 $37,900 $150,000
2023 $715 $24,300 $2,700 $21,600
2022 $692 $24,300 $2,700 $21,600
2021 $666 $24,300 $2,700 $21,600
2020 $643 $24,300 $2,700 $21,600
2019 $608 $24,300 $2,700 $21,600
2018 $555 $24,300 $2,700 $21,600
2017 $546 $24,300 $0 $0
2016 $548 $24,300 $0 $0
2015 -- $24,300 $0 $0
2014 -- $24,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve Schmidt Real Estate Agent - RE/MAX

    Seller's Agent in 2023

    Steve Schmidt

    RE/MAX

    (302) 678-4326

    137 Total Sales

    Steve Schmidt
    Section Image
  • Barbara Schmidt Real Estate Agent - RE/MAX

    Seller Co-Listing Agent in 2023

    Barbara Schmidt

    RE/MAX

    (302) 242-2737

    62 Total Sales

    Barbara Schmidt
    Section Image
  • Shawna Kirlin Real Estate Agent - NextHome Preferred

    Seller's Agent in 2022

    Shawna Kirlin

    NextHome Preferred

    (302) 399-0155

    92 Total Sales

    Shawna Kirlin
    Section Image
  • Dustin Oldfather Real Estate Agent - Compass

    Buyer's Agent in 2022

    Dustin Oldfather

    Compass

    (302) 249-5899

    1,396 Total Sales

    Dustin Oldfather
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DEKT2022678

Bright MLS

APN: 2-05-07705-03-3700-000

Delaware Kent County Dover 19904

46 S Governors Ave, Dover, DE

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