$395,000
SOLD JUN 16, 2026

742 S State St Dover, DE 19901

Dover Area
Studio
-- Bath
1,580 Sq Ft
0.35 Acre Lot

Sale Details

Date Sold: June 16, 2026

$250 Per Sq Ft

8% Below List Price

58 Days on Market

Highlights

  • Contemporary Architecture
  • Window Unit Cooling System
  • Hot Water Baseboard Heater

About This Home

As of June 2026

Triplex income producing ready for purchase! Schedule your tour today because this won't last long.

Last Agent to Sell the Property

Larry Thompson

(302) 856-4000 larrythompsonsells@gmail.com LESTER REALTY INC. Brokerage Phone: 3028564000 Listed on: 03/23/2026

Last Buyer's Agent

Mike Towe

(302) 677-0020 centraldelawarebroker@gmail.com Keller Williams Realty Central-Delaware License #RS0026051

Keller Williams Realty Central-Delaware

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,609

Year Built

  • Built in 1916

Lot Details

  • 15,115 Sq Ft Lot

Parking

  • Parking Lot

Home Design

  • 1,580 Sq Ft Home
  • Triplex
  • Contemporary Architecture
  • Block Foundation
  • Stick Built Home

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Metered Propane
  • Propane Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 3400-000
  • Assessor Parcel Number ED-05-07713-02-3400-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,609

Year Built

Built in 1916

Lot Details

0.35 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1916
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1580
  • Living Area Sq Ft: 1580
  • Price Per Sq Ft: 271.52
  • Above Grade Finished Sq Ft: 1580
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Stick Built
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Propane - Metered
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.35
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15115.00
  • Zoning: R8
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1359.00
  • Tax Annual Amount: 1609.00
  • Assessor Parcel Number: ED-05-07713-02-3400-000
  • Tax Lot: 3400-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Other Units: Unit 1,Unit 1

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
Mar 23, 2026
Closed on
Jun 16, 2026
Sold by
Bought by
Seller's Agent
Larry Thompson
LESTER REALTY INC.
Buyer's Agent
Mike Towe
Keller Williams Realty Central-Delaware
List Price
$429,000
Sold Price
$395,000
Premium/Discount to List
-$34,000
-7.93%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
98.06%
Original Mortgage
$311,000
Interest Rate
0.0637%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 15, 2020
Closed on
Jan 19, 2021
Sold by
Bought by
Seller's Agent
Larry Thompson
R&R Commerical Realty
Buyer's Agent
Larry Thompson
R&R Commerical Realty
List Price
$315,000
Sold Price
$310,000
Premium/Discount to List
-$5,000
-1.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%
Original Mortgage
$248,000
Interest Rate
0.0271%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 20, 2003
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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 Type Sale Price Title Company
Deed $395,000 None Listed On Document
Deed $310,000 None Available
Deed $160,000 --
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 Loan Amount Loan Type
Open $311,000 New Conventional
Previous Owner $248,000 Credit Line Revolving
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
06/16/2026 06/16/26 Sold $395,000 -7.9% $250 / Sq Ft
05/20/2026 05/20/26 Pending -- -- --
03/23/2026 03/23/26 For Sale $429,000 +38.4% $272 / Sq Ft
01/19/2021 01/19/21 Sold $310,000 -1.6% $286 / Sq Ft View Prior Sale
10/16/2020 10/16/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $315,000 0.0% $291 / Sq Ft
04/23/2020 04/23/20 Pending -- -- --
01/15/2020 01/15/20 For Sale $315,000 -- $291 / 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 $1,652 $281,100 $93,700 $187,400
2024 $1,596 $281,100 $93,700 $187,400
2023 $877 $29,800 $9,800 $20,000
2022 $848 $29,800 $9,800 $20,000
2021 $817 $29,800 $9,800 $20,000
2020 $789 $29,800 $9,800 $20,000
2019 $746 $29,800 $9,800 $20,000
2018 $681 $29,800 $9,800 $20,000
2017 $669 $29,800 $0 $0
2016 $672 $29,800 $0 $0
2015 $671 $29,800 $0 $0
2014 $673 $29,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT2045500

Bright MLS

APN: 2-05-07713-02-3400-000

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