$650,000

885 Leipsic Rd Dover, DE 19901

Estimated payment $3,564/month

Total Views 31,507
2 Beds
2 Baths
1,447 Sq Ft
$449 Price per Sq Ft

Highlights

  • Rambler Architecture
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

Excellent investment opportunity! Don’t miss your chance to own commercial property in Dover which includes a completely remodeled 2BR 2BA home with a 25x35 attached garage that has heating and air as well! Property is zoned as recreational/commercial with multiple uses available. The home can be converted to anything such as an ice cream shop, a sub shop or a quaint boutique...the possibilities are endless! Property also includes an extra 1/4 acre in the front yard. Home is being sold as-is and seller will make no repairs. Call me today and let’s go look at your new investment!

Listing Agent

Dawn Banning

(302) 922-7754 dbanningipad@icloud.com Iron Valley Real Estate Premier Listed on: 06/06/2024

Iron Valley Real Estate Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,570

Year Built

  • Built in 1961 | Remodeled in 2014

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 0.18 x 0.00
  • Property is zoned RC, Property is zoned as recreational/commercial

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,447 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0400-000
  • Assessor Parcel Number ED-05-06805-01-0400-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,570

Year Built

Built in 1961 | Remodeled in 2014

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: All personal property
  • New Construction: No
  • Story List: Main
  • Year Built: 1961
  • Year Renovated: 2014
  • Remarks Public: Excellent investment opportunity! Don’t miss your chance to own commercial property in Dover which includes a completely remodeled 2BR 2BA home with a 25x35 attached garage that has heating and air as well! Property is zoned as recreational/commercial with multiple uses available. The home can be converted to anything such as an ice cream shop, a sub shop or a quaint boutique...the possibilities are endless! Property also includes an extra 1/4 acre in the front yard. Home is being sold as-is and seller will make no repairs. Call me today and let’s go look at your new investment!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1447
  • Living Area Sq Ft: 1447
  • Price Per Sq Ft: 449.21
  • Above Grade Finished Sq Ft: 1447
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 885

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

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: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 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: CAPITAL
  • School District Key: 300200396888
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.40
  • Lot Dimensions: 0.18 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17500.00
  • Year Assessed: 2023
  • Zoning: RC
  • Zoning Description: Property is zoned as recreational/commercial
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 863.00
  • Tax Annual Amount: 1570.00
  • Assessor Parcel Number: ED-05-06805-01-0400-000
  • Tax Lot: 0400-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: CAPITAL

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,330 $234,300 $42,600 $191,700
2024 $1,330 $234,300 $42,600 $191,700
2023 $998 $33,900 $5,400 $28,500
2022 $965 $33,900 $5,400 $28,500
2021 $929 $33,900 $5,400 $28,500
2020 $898 $33,900 $5,400 $28,500
2019 $849 $33,900 $5,400 $28,500
2018 $775 $33,900 $5,400 $28,500
2017 $762 $33,900 $0 $0
2016 $764 $33,900 $0 $0
2015 $764 $33,900 $0 $0
2014 $504 $22,300 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Price Changed $650,000 -0.8% $449 / Sq Ft
03/31/2025 03/31/25 Price Changed $655,000 -2.2% $453 / Sq Ft
09/27/2024 09/27/24 Price Changed $670,000 0.0% $463 / Sq Ft
09/27/2024 09/27/24 For Sale $670,000 -0.7% $463 / Sq Ft
08/14/2024 08/14/24 Off Market $675,000 -- --
06/06/2024 06/06/24 For Sale $675,000 -- $466 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $46,700 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $40,000 Credit Line Revolving
Source: Public Records

Source: Bright MLS

MLS Number: DEKT2028776

Bright MLS

APN: 2-05-06805-01-0400-000