NOT LISTED FOR SALE

505 Fairview Ave Dover, DE 19904

Estimated Value: $235,000 - $272,000

3 Beds
1 Bath
1,260 Sq Ft
$197/Sq Ft Est. Value

Last Sold April 05, 2022

Last sale price $205,000 $163 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,405/month

4 Days on Market

Highlights

  • Rambler Architecture
  • No HOA
  • Porch
  • Wood Flooring
  • Breakfast Area or Nook
  • Back, Front, and Side Yard

About This Home

As of April 2022

Quaint cottage with 3 bedrooms and 1 bath. This cozy home is great for first time buyers or investors ready to add your special touches. Full basement boasts plenty of storage and washer and dryer. Nestled in the state's capital city, it is close to shopping and dining and within an hour's drive to the beautiful Delaware beaches. This home has so much potential and wont last long , so book your showing today.

Last Agent to Sell the Property

Dustin Parker

(302) 483-7688 clientcare@theparkergroup.com The Parker Group License #672690 Listed on: 02/14/2022

Co-Listed By

Liz Grace

(443) 350-1746 lizgrace@theparkergroup.com Northrop Realty

Last Buyer's Agent

Samantha Laureta

(302) 387-5242 samanthasellsde@gmail.com Keller Williams Realty Central-Delaware License #RS-0025261

Keller Williams Realty Central-Delaware

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,257

Year Built

  • Built in 1952

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 70.00 x 79.62
  • Level Lot
  • Back, Front, and Side Yard
  • Property is zoned R8

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Brick Foundation
  • Shingle Roof
  • Aluminum Siding
  • Stick Built Home
  • Stucco

Interior Spaces

  • 1,260 Sq Ft Home
  • Property has 1 Level
  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Shed
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Oil
  • Back Up Oil Heat Pump System
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Fairview Subdivision

Listing and Financial Details

  • Tax Lot 1800-000
  • Assessor Parcel Number ED-05-06720-02-1800-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,257

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-02-28
  • Federal Flood Zone: No
  • Year Built: 1952
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Built-In Microwave, Dryer, Washer, Dishwasher
  • Flooring Type: Vinyl, Hardwood
  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Kitchen - Table Space, Tub Shower
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1260
  • Living Area Sq Ft: 1260
  • Price Per Sq Ft: 150.79
  • Above Grade Finished Sq Ft: 1260
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Aluminum Siding, Stucco, Stick Built
  • Exterior Features: Sidewalks
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Heat Pump - Oil Backup, Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Features: Level, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.13
  • Lot Dimensions: 70.00 x 79.62
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5662.80
  • Outdoor Living Structures: Porch(es)
  • Zoning: R8
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2432484
  • School Tax: 718.00
  • Tax Annual Amount: 1257.00
  • Assessor Parcel Number: ED-05-06720-02-1800-000
  • Tax Lot: 1800-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: CAPITAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2022
Closed on
Apr 5, 2022
Sold by
Grove Sean C and Grove Jennifer
Bought by
Bright Cathy Sue
Seller's Agent
Dustin Parker
The Parker Group
Buyer's Agent
Samantha Laureta
Keller Williams Realty Central-Delaware
List Price
$190,000
Sold Price
$205,000
Premium/Discount to List
$15,000
7.89%
Current Estimated Value
$248,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,766
Avg. Annual Appreciation
5.25%

Purchase Details

Closed on
Mar 21, 2016
Sold by
Bank Of America N A
Bought by
Salt Air Homes Llc

Purchase Details

Closed on
Jan 1, 2016
Sold by
Salt Air Homes Llc
Bought by
Grove Sean C and Grove Jennifer

Purchase Details

Closed on
Apr 3, 2007
Sold by
Faryniak Deborah Anne and Minner Harold V
Bought by
Kazimir Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,030
Interest Rate
6.19%
Mortgage Type
Unknown
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
Bright Cathy Sue $205,000 Parkway Law
Salt Air Homes Llc -- None Available
Grove Sean C $145,000 None Available
Kazimir Stephen $2,280 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kazimir Stephen $3,030
Previous Owner Kazimir Stephen $152,000
Closed Bright Cathy Sue $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2022 04/05/22 Sold $205,000 +7.9% $163 / Sq Ft
02/14/2022 02/14/22 For Sale $190,000 -- $151 / 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 $1,242 $211,300 $77,600 $133,700
2024 $1,199 $211,300 $77,600 $133,700
2023 $865 $29,400 $8,200 $21,200
2022 $837 $29,400 $8,200 $21,200
2021 $806 $29,400 $8,200 $21,200
2020 $778 $29,400 $8,200 $21,200
2019 $736 $29,400 $8,200 $21,200
2018 $672 $29,400 $8,200 $21,200
2017 $660 $29,400 $0 $0
2016 $663 $29,400 $0 $0
2015 $662 $29,400 $0 $0
2014 $664 $29,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT2007800

Bright MLS

APN: 2-05-06720-02-1800-000