NOT LISTED FOR SALE

70 S Queen St Dover, DE 19904

Estimated Value: $212,000 - $272,736

-- Bed
1 Bath
1,224 Sq Ft
$196/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $57,500 $47 Per Sq Ft

Est. 316% increase in value since last sale

Current estimated payment $1,361/month

282 Days on Market

Highlights

  • Colonial Architecture
  • Central Air
  • Electric Baseboard Heater
  • No HOA

About This Home

As of September 2021

R-11685 This property must be sold in conjunction with adjoining property located at 68 S Queen Street. MLS# DEKT245112 for a total asking price of $130,000. Both units are connected but have separate tax parcel numbers. Both units are 3 bedroom 1 bath. Total annual rental income is 20,100. Tenants pay all utilities.

Last Agent to Sell the Property

Steve Schmidt

RE/MAX Horizons License #RB-0031118 Listed on: 12/08/2020

RE/MAX Horizons

Last Buyer's Agent

Steve Schmidt

RE/MAX Horizons License #RB-0031118 Listed on: 12/08/2020

RE/MAX Horizons

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $539

Year Built

  • Built in 1930

Lot Details

  • 2,750 Sq Ft Lot
  • Lot Dimensions are 27.50 x 100.00

Parking

  • On-Street Parking

Home Design

  • 1,224 Sq Ft Home
  • Duplex
  • Colonial Architecture
  • Aluminum Siding

Utilities

  • Central Air
  • Electric Baseboard Heater
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for insurance, real estate taxes
  • Tax Lot 5600-000
  • Assessor Parcel Number ED-05-07608-06-5600-000

Community Details

Overview

  • No Home Owners Association

Building Details

  • Income includes apartment rentals
  • Insurance Expense $712
  • Operating Expense $1,872
  • Net Operating Income $18,228

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$539

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Remarks Public: R-11685 This property must be sold in conjunction with adjoining property located at 68 S Queen Street. MLS# DEKT245112 for a total asking price of $130,000. Both units are connected but have separate tax parcel numbers. Both units are 3 bedroom 1 bath. Total annual rental income is 20,100. Tenants pay all utilities.
  • Special Features: None

Interior Features

  • Basement: No
  • Total Sq Ft: 1224
  • Living Area Sq Ft: 1224
  • Price Per Sq Ft: 53.10
  • Above Grade Finished Sq Ft: 1224
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 70

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: CAPITAL
  • School District Key: 300200396888
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 27.50 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2750.00
  • Year Assessed: 2021
  • Zoning: RG1
  • In City Limits: Yes

Rental Info

  • Owner Pays: Insurance, Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 20100.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2436355
  • School Tax: 317.00
  • Tax Annual Amount: 539.00
  • Assessor Parcel Number: ED-05-07608-06-5600-000
  • Tax Lot: 5600-000
  • Tax Total Finished Sq Ft: 1224
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 09/30/2021

Multi Family

  • Gross Income: 20100.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 1872.00

MLS Schools

  • School District Name: CAPITAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2024
Sold by
Fabiha & Falah Properties Llc
Bought by
Hernandez Karen Yesenia
Current Estimated Value
$239,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Outstanding Balance
$182,027
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$57,407

Purchase Details

Listed on
Dec 8, 2020
Closed on
Sep 30, 2021
Sold by
Davana Llc
Bought by
Fabiha & Falah Properties Llc
Seller's Agent
Steve Schmidt
RE/MAX Horizons
Buyer's Agent
Steve Schmidt
RE/MAX Horizons
List Price
$65,000
Sold Price
$57,500
Premium/Discount to List
-$7,500
-11.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.76%
Original Mortgage
$105,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 27, 2015
Sold by
Hall David R and Hall Vana J
Bought by
Davana Llc

Purchase Details

Closed on
Feb 14, 2006
Sold by
Clendaniel Kenneth W and Clendaniel Marjorie M
Bought by
Hall David R and Hall Vana J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,510
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Hernandez Karen Yesenia $245,000 None Listed On Document
Fabiha & Falah Properties Llc $115,000 None Available
Davana Llc -- None Available
Hall David R $2,028 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Karen Yesenia $183,750
Previous Owner Fabiha & Falah Properties Llc $105,000
Previous Owner Hall David R $13,510
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $57,500 0.0% $47 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
08/14/2021 08/14/21 Off Market $57,500 -- --
04/16/2021 04/16/21 For Sale $65,000 +13.0% $53 / Sq Ft
04/14/2021 04/14/21 Off Market $57,500 -- --
03/17/2021 03/17/21 Price Changed $65,000 -13.3% $53 / Sq Ft
12/08/2020 12/08/20 For Sale $75,000 -- $61 / 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
2024 $705 $124,200 $35,100 $89,100
2023 $383 $13,000 $2,200 $10,800
2022 $370 $13,000 $2,200 $10,800
2021 $356 $13,000 $2,200 $10,800
2020 $344 $13,000 $2,200 $10,800
2019 $325 $13,000 $2,200 $10,800
2018 $297 $13,000 $2,200 $10,800
2017 $292 $13,000 $0 $0
2016 $293 $13,000 $0 $0
2015 -- $13,000 $0 $0
2014 -- $13,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT245114

Bright MLS

APN: 2-05-07608-06-5600-000