225 South State Street

Local assessors in Dover, DE have categorized 225 South State Street as a commercial type of property. The home was built in 1977 and is 47 years old. The property's lot size has been calculated to be 4,356 square feet. The linear feet between the front and back of the lot was measured at 1,012 ft and the front of the lot was measured at 430 ft.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 225 South State Street sold most recently in Dec 22, 2023 for a total of $425,000. If you work out the math, that's approximately a cost of $97.21 per sqft. Before that, the property was also sold for $5,500 in Apr 7, 2022. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,617 in taxes each year. 225 South State Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $88,900. If we break it down further, the land itself was valued at $15,500. Improvements to the property, however, were assessed at a total of $73,400. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.