$70,000
SOLD JUN 23, 2025

56 S New St Dover, DE 19904

2 Beds
1 Bath
1,396 Sq Ft
3,485 Sq Ft

Recently Sold

$50 Per Sq Ft

50% Below List Price

102 Days on Market

Highlights

  • Colonial Architecture
  • Cooling Available
  • Forced Air Heating System
  • No HOA
  • Luxury Vinyl Plank Tile Flooring

About This Home

As of June 2025

This is your chance to be part of Downtown Dovers Revitalization. This home was recently updated but will need a little work to get it back but is well worth the value. So much happening around this home. New homes going up across the street. A new parking garage and commercial space just down the block. Offering newer windows and vinyl siding. The bathroom has also been recently updated as has the flooring thought the home. A small basement houses the high efficiency natural gas furnace. It won't take much to get this one up and running.

Last Agent to Sell the Property

Steve Schmidt

(302) 678-4300 steve@delawarerealestate.com RE/MAX Horizons License #RB-0031118 Listed on: 02/03/2025

RE/MAX Horizons

Last Buyer's Agent

Angel Cabazza

(302) 538-5899 triciacloses@gmail.com Tri-County Realty License #RS-0022989

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $683

Year Built

  • Built in 1925

Lot Details

  • 3,272 Sq Ft Lot
  • Lot Dimensions are 21.60 x 151.50
  • Property is zoned RG1

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,396 Sq Ft Home
  • Property has 2 Levels
  • Luxury Vinyl Plank Tile Flooring
  • Unfinished Basement
  • Partial Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8000-000
  • Assessor Parcel Number ED-05-07608-05-8000-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$683

Year Built

Built in 1925

Lot Details

3,272 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Luxury Vinyl Plank
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 1396
  • Living Area Sq Ft: 1396
  • Price Per Sq Ft: 67.98
  • Above Grade Finished Sq Ft: 1396
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • 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: Natural Gas
  • Heating Type: Central, 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: 0.08
  • Lot Dimensions: 21.60 x 151.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3272.00
  • Zoning: RG1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 577.00
  • Tax Annual Amount: 683.00
  • Assessor Parcel Number: ED-05-07608-05-8000-000
  • Tax Lot: 8000-000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

MLS Schools

  • School District Name: CAPITAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2025
Closed on
Jun 23, 2025
Sold by
Mfa 2023-Inv1 Trust and Wilmington Savings Fund Society Fsb
Bought by
Cabazza Realty Group Llc
Seller's Agent
Steve Schmidt
RE/MAX Horizons
Buyer's Agent
Angel Cabazza
Tri-County Realty
List Price
$139,900
Sold Price
$70,000
Premium/Discount to List
-$69,900
-49.96%
Views
346
Current Estimated Value
$197,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,199
Avg. Annual Appreciation
369.19%
Original Mortgage
$150,000
Outstanding Balance
$113,449
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
$83,750

Purchase Details

Closed on
Feb 25, 2025
Sold by
Sheriff Of Kent County
Bought by
Mfa 2023-Inv1 Trust and Wilmington Savings Fund Society Fsb

Purchase Details

Listed on
Feb 25, 2021
Closed on
Sep 29, 2021
Sold by
Gibbon Ashley James and Gibbon Patricia Anne
Bought by
One Way Investing Llc
Seller's Agent
Anthony Lapinsky
First Coast Realty LLC
Buyer's Agent
Tariq Wallace
R&R Commerical Realty
List Price
$85,000
Sold Price
$67,500
Premium/Discount to List
-$17,500
-20.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.52%
Original Mortgage
$78,690
Interest Rate
3.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 22, 2006
Sold by
Giles-Brown Terrenna D and Brown Elmer L
Bought by
Gibbon Ashley James and Gibbon Patricia Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.26%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Type Sale Price Title Company
Special Warranty Deed $70,000 None Listed On Document
Special Warranty Deed $70,000 None Listed On Document
Sheriffs Deed $103,399 None Listed On Document
Deed $67,500 None Available
Deed $458 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 Construction
Closed $150,000 Construction
Previous Owner $78,690 Commercial
Previous Owner $64,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2025 06/23/25 Sold $70,000 -26.2% $50 / Sq Ft
05/16/2025 05/16/25 Pending -- -- --
05/05/2025 05/05/25 Price Changed $94,900 -5.0% $68 / Sq Ft
04/22/2025 04/22/25 Price Changed $99,900 -16.7% $72 / Sq Ft
03/28/2025 03/28/25 Price Changed $119,900 -7.7% $86 / Sq Ft
03/03/2025 03/03/25 Price Changed $129,900 -7.1% $93 / Sq Ft
02/03/2025 02/03/25 For Sale $139,900 +107.3% $100 / Sq Ft
09/30/2021 09/30/21 Sold $67,500 -13.5% $48 / Sq Ft View Prior Sale
08/17/2021 08/17/21 Pending -- -- --
08/07/2021 08/07/21 Price Changed $78,000 -6.0% $56 / Sq Ft
04/20/2021 04/20/21 Price Changed $83,000 -1.2% $59 / Sq Ft
04/12/2021 04/12/21 Price Changed $84,000 -1.2% $60 / Sq Ft
02/25/2021 02/25/21 For Sale $85,000 -- $61 / Sq Ft
Source: Bright MLS

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 $24 $119,400 $35,900 $83,500
2024 $678 $119,400 $35,900 $83,500
2023 $259 $8,800 $2,300 $6,500
2022 $250 $8,800 $2,300 $6,500
2021 $241 $8,800 $2,300 $6,500
2020 $233 $8,800 $2,300 $6,500
2019 $220 $8,800 $2,300 $6,500
2018 $201 $8,800 $2,300 $6,500
2017 $198 $8,800 $0 $0
2016 $198 $8,800 $0 $0
2015 -- $8,800 $0 $0
2014 -- $8,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT2034706

Bright MLS

APN: 2-05-07608-05-8000-000

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