See Home Value
$195,000
● House - Off Market

40 LOTUS STREET

DOVER, DE 19901
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,800 Ft²
$1,260
Est. Monthly
9.67%
Cap Rate

About This Property

Incredible opportunity to take on a project in one of the City of Dover's most sought after communities of Morris Estates! This adorable colonial style home built in 1935 offers incredible opportunity for invest or to create a dream home with character and charm. The classic exterior and has beautiful mature trees, a large rear yard fenced with a rear deck with plenty of room to enjoy the outdoors. Inside, the staircase offers character and charm, and the spacious layout offers endless potential. A main floor space with closet can be used as a den or bedroom, and upstairs, two massive bedrooms share a full hall bathroom. A walk-up attic is offer convenience just off the primary bedroom. This home is seeking the right buyer to bring it to life, don't miss the opportunity!
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$128
Property Type
House
Property Taxes
$130
HOA Dues
-
Year Built
1935

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Cap Rate Calculator

Last updated: 11 months ago (Bright MLS #DEKT2040832)

Price History

Date / Event Date Event Price
Dec 5, 2025 Sold
Sold
Nov 2, 2025 In contract -
In contract
Oct 4, 2025 Price Decreased $230,000
↓ $20K (8%)
Price Decreased
Sep 18, 2025 Listed by Keller Williams Realty $250,000
Listed by Keller Williams Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 624
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0
  • Location Influence Type: 19

    Dimensions

  • Lot Size Square Feet: 11,761
  • Lot Size Depth Feet: 1,580
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,800
  • Building Area: 1,800
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 3
  • Heated Square Feet: 1,800
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTH DOVER HEIGHTS
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: P
  • Legal Description 1: SOUTH DOVER HEIGHTS, LOT 44 & 25' LOT 43 40 LOTUS STREET

Neighborhood

  • School District Name: Capital School District
  • School Tax School District: 18
  • School Tax District Code 2: 46
  • School Tax District Code 3: 63
  • Census Tract: 041300

Zoning

  • Zoning: R8

Geography

  • Account Number: 5474
  • District: 05
  • Parcel: 2-05-077.17-04-68.00-000
  • Lot: S,43
  • Municipality: DOVER
  • Latitude: 39.1458
  • Longitude: -75.5206

    Address

  • Full Address: 40 Lotus St
  • Address - House Number: 40
  • Address - Street Name: Lotus
  • Address - Suffix Type: St
  • State: DE
  • City Name: Dover
  • Carrier Code: C005
  • 4-Digit Zip Code: 4426
  • Zip Code: 19901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $55,228

    Appraisal Valuation

  • Standard Deviation: 0.2092
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 71
  • Final Value: 267,592
  • High Value: 323,596
  • Low Value: 211,588

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,900
  • Assessed Land Value: $9,800
  • Assessed Improvements Value: $22,100
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Morris Estates


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Nearby Rentals

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325 Alder Road, DOVER, DE, 19904 Listing by Rosalia A Martinez


Frequently Asked Questions

When was property at 40 Lotus Street built and last sold?
The property at 40 Lotus Street was built in 1935 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 40 Lotus Street is $0.
What are some comparable homes to 40 Lotus Street?
There are currently no comparable homes to 40 Lotus Street.

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