NOT LISTED FOR SALE

505 American Ave Dover, DE 19901

Estimated Value: $354,000 - $396,000

4 Beds
2 Baths
2,394 Sq Ft
$156/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $335,000 $140 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,116/month

20 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • 1 Fireplace
  • Deck
  • Main Floor Bedroom
  • Sun or Florida Room

About This Home

As of August 2023

DREAM BY YOUR FIREPLACE. Traditional 1950's Cape Cod is a perfect home for a growing family or an elegantly aged couple. This home is located on a corner lot with a tranquil setting among majestic trees and fenced yard for the safety of children and pets, complete with a separate fenced in dog run. Located on a quiet downtown street with little traffic, this home offers a center hall entry, formal living room w/fireplace, dining room w/French doors to heated and cooled sunroom w/new mini-split, kitchen with ample cabinet and counter space, a charming knotty pine home office/den and two generous sized bedrooms, one with built-ins, and a full-sized original tiled bathroom. The second level offers a third bedroom, hall bath with all original tile and sellers have moved an additional laundry area to an upstairs hall, which also has built in cupboards for storage. The owner's suite is large and has room for a sitting area and extra space for a future bath. The sellers have added a large walk-in closet with an additional original closet for extra storage. Most of the home features wood flooring except kitchen and baths. The basement has original tiled floors and there are areas for storage, a second laundry room, large pantry to stock up on all your food items and a TV/game area. There is a one car garage and driveway off the back of the home. The sellers have done many updates and only a Air Force transfer makes this home available. Opportunity is knocking so call today for your personal tour. Sellers are offering 1 Year Home Warranty.

Last Agent to Sell the Property

Yvonne Hall

(302) 423-0223 yvonnehall@kw.com Keller Williams Realty Central-Delaware Listed on: 06/10/2023

Keller Williams Realty Central-Delaware

Last Buyer's Agent

Jenna Menge

(302) 841-3267 jenna@302local.com Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,924

Year Built

  • Built in 1954

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 85.00 x 130.00
  • Back Yard Fenced
  • Corner Lot
  • Property is in good condition
  • Property is zoned R8

Parking

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

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • Property has 1.5 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Sun or Florida Room
  • Wood Flooring
  • Laundry on upper level

Kitchen

  • Built-In Range
  • Dishwasher

Bedrooms and Bathrooms

  • Walk-In Closet

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Deck

Schools

  • Dover High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Oil Water Heater

Community Details

  • No Home Owners Association
  • Olde Dover Subdivision

Listing and Financial Details

  • Tax Lot 1800-000
  • Assessor Parcel Number ED-05-06817-01-1800-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,924

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: Personal Items, bookcases, downstairs TV, wall mount & surround sound
  • Inclusions: All kitchen appliances, Upstairs Washer & Dryer (1 set), Living Room flat screen TV, wall mount, sound bar, window treatments, all flower pots, all light fixtures, dehumidifier, all basement storage shelving in pantry & main room, work bench & cabinets, d
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-06-10
  • Year Built: 1954
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Range, Dishwasher, Refrigerator
  • Flooring Type: Wood
  • Interior Amenities: Ceiling Fan(s), Dining Area, Entry Level Bedroom, Walk-In Closet(s), Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Brick/Mortar
  • Levels Count: 1.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Sun/Florida Room, Office
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Partially Finished
  • Laundry Type: Basement, Upper Floor
  • Total Sq Ft: 3734
  • Living Area Sq Ft: 2394
  • Price Per Sq Ft: 139.93
  • Above Grade Finished Sq Ft: 2394
  • Below Grade Sq Ft: 1340
  • Total Below Grade Sq Ft: 1340
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Street Lights, Sidewalks
  • Roof: Pitched, Shingle
  • 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
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street, Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Oil
  • 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
  • High School: DOVER

Lot Info

  • Fencing: Partially, Rear
  • Lot Features: Corner
  • Lot Size Acres: 0.25
  • Lot Dimensions: 85.00 x 130.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11050.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: R8
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1924.00
  • Assessor Parcel Number: ED-05-06817-01-1800-000
  • Tax Lot: 1800-000
  • Tax Year: 2022

MLS Schools

  • School District Name: CAPITAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2023
Closed on
Aug 11, 2023
Sold by
Christensen Renn and Christensen Ida Whitney
Bought by
Lynch David William
Seller's Agent
Yvonne Hall
Keller Williams Realty Central-Delaware
Buyer's Agent
Jenna Menge
Coldwell Banker Realty
List Price
$335,000
Sold Price
$335,000
Views
256
Current Estimated Value
$374,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,422
Avg. Annual Appreciation
4.72%
Original Mortgage
$13,688
Outstanding Balance
$13,376
Interest Rate
6.81%
Estimated Equity
$361,046

Purchase Details

Closed on
Mar 25, 2019
Sold by
Boon Donald A
Bought by
Christensen Renn and Christensen Whitney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,622
Interest Rate
4.3%
Mortgage Type
VA
Source: Public Records
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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
Lynch David William $335,000 None Listed On Document
Christensen Renn $215,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch David William $13,688
Open Lynch David William $342,202
Previous Owner Christensen Renn $219,622
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2023 08/11/23 Sold $335,000 0.0% $140 / Sq Ft
07/01/2023 07/01/23 Pending -- -- --
06/26/2023 06/26/23 Off Market $335,000 -- --
06/15/2023 06/15/23 Pending -- -- --
06/10/2023 06/10/23 For Sale $335,000 -- $140 / 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 $1,921 $326,900 $94,600 $232,300
2024 $1,855 $326,900 $94,600 $232,300
2023 $66 $67,600 $19,900 $47,700
2022 $1,924 $67,600 $19,900 $47,700
2021 $1,853 $67,600 $19,900 $47,700
2020 $1,790 $67,600 $19,900 $47,700
2019 $1,692 $67,600 $19,900 $47,700
2018 $1,145 $67,600 $19,900 $47,700
2017 $1,119 $67,600 $0 $0
2016 $1,024 $67,600 $0 $0
2015 -- $67,600 $0 $0
2014 -- $67,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT2019734

Bright MLS

APN: 2-05-06817-01-1800-000