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$125,000

  • Sold
  • Closed
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 1,827 Sq. Ft.
  • 1 Car Garage
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🔥 Opportunity Knocks in Established Dover Community 🔥 240 Grinding Wheel Dr., Dover, DE Opportunity knocks for the savvy investor, contractor, or buyer looking to build equity. This property has experienced fire damage and is being sold in as-is condition, offering significant upside potential for renovation, resale, or rental income. Located in a well-established Dover neighborhood, this home sits on a desirable lot with strong comparable values in the surrounding area - making it a prime candidate for a strategic rehab project. Why This Property Makes Sense: Solid footprint and layout ready for reimagination Opportunity to customize finishes and maximize ARV Potential flip, rental, or long-term hold Convenient location near shopping, schools, Route 13, and Dover Air Force Base Limited inventory of investor-ready properties in this price range With the right vision and execution, this property could become a strong addition to any investment portfolio. Bring your contractor, your imagination, and your offer. Properties with this level of upside potential don't last long. 📞 For additional details, access information, or to schedule a showing, contact an agent today.

Full Property Details for 240 Grinding Wheel Dr

General

  • Sold For: $125,000
  • Taxes: $1,515 (2025)
  • Status: Closed
  • Type: Single Family
  • Source: BrightMLSPhilly
  • MLS ID: DEKT2044388
  • Added to Site: 124 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper Floor Baths: 2
  • Upper - Full Baths: 2
  • Main Floor Baths: 1
  • Main - 1/2 Baths: 1

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Upper: 3

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Type: Attached Garage, Driveway, On Street
  • Garage Description: Garage - Front Entry

Location

  • Area: Capital (30802)
  • County: KENT
  • Subdivision: MILLCREEK
  • Building Name: NONE
  • Driving Directions: Cross st is Waterfall Dr
  • City Limits: Yes

School Information

  • School District: Capital

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Central
  • Heating Fuel: Electric
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Contemporary
  • Structure Type: Twin/Semi-Detached
  • Construction: Vinyl Siding
  • Foundation: Crawl Space
  • Stories Description: Main, Upper 1
  • Square Feet: 1,827
  • Sq. Ft. Source: Assessor
  • Living Area: 1,827 Sq. Ft.
  • Finished Above Grnd: 1,827 Sq. Ft.
  • Year Built: 1996
  • Year Built Source: Assessor

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Size (Sq. Ft.): 5,271
  • Lot Size Source: Assessor
  • Lot Dimensions: 43.75 x 120.00
  • Zoning: RM1

Financial Considerations

  • Price Per Sq. Ft.: $65.68
  • Assessment Year: 2025
  • School Tax: $1,355
  • City/TownTax: $794
  • City/TownTax Freq: Annually
  • County Tax: $146
  • County Tax Freq: Annually
  • Tax w/Assessment: $255,600
  • Tax Amount: $1,515
  • Tax Year: 2025
  • Terms: Bank Owned/REO
  • Tax Total Finished Sq. Ft.: 1827

Disclosures and Reports

  • Ownership: Fee Simple
  • Bank-owned: Yes
  • Lot Number: 2600-000

Listed by RE/MAX Eagle Realty, Stephanie S Lehane
Sold by RE/MAX Horizons, Steven B. Schmidt

Listing agent

— 240 Grinding Wheel Dr —

  • Stephanie S Lehane

    RE/MAX Eagle Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 240 Grinding Wheel Dr

School District:Capital School District
NameGradesDistance
North Dover Elementary School, Dover, DE
855 College Road, Dover, DE 19904
K-41.1 mi
Central Middle School, Dover, DE
211 Delaware Avenue, Dover, DE 19901
7-83 mi
Dover High School
One Dover High Drive, Dover, DE 19904
9-122.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 240 Grinding Wheel Dr

Date
Details
Price
Change
Source
5/29/2026
Sold
$125,000
4.17%
MLS
2/11/2026
Listed
$120,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by RE/MAX Eagle Realty, Stephanie S Lehane
Sold by RE/MAX Horizons, Steven B. Schmidt

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240 Grinding Wheel Drive, Dover, DE 19904 (MLS# DEKT2044388) is a Single Family property that was sold at $125,000 on May 29, 2026. Want to learn more about 240 Grinding Wheel Drive? Do you have questions about finding other Single Family real estate for sale in Dover? You can browse all Dover real estate or contact a Coldwell Banker agent to request more information.