NOT LISTED FOR SALE

10 W State St Unit 14 Shelby, OH 44875

Estimated Value: $135,000 - $137,000

6 Beds
3 Baths
2,136 Sq Ft
$64/Sq Ft Est. Value

Last Sold October 03, 2013

Last sale price $70,000 $33 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $880/month

12 Days on Market

Highlights

  • Wood Flooring
  • Window Unit Cooling System
  • Paddle Fans
  • Eat-In Kitchen
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of October 2013

Live here or be an investor. Well cared for 3 unit apartment. All utilities paid by each tenant. Very little expense with nice return on investment. All units have private basements. Now is the time to Buy. Address 10, 12 & 14 W. State St.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,407

Year Built

  • Built in 1969

Lot Details

  • 4,323

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Paddle Fans
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • Open Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • 4,323 Sq Ft Lot
  • City Lot

Community Details

  • 3 Units
  • Insurance Expense $659

Listing and Financial Details

  • Assessor Parcel Number 0460802309000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,407

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0992
  • Lot Size: 91.99 x 136.6 x 94.26
  • Road Surface Type: Paved
  • Directions: Corner of St. Rt. 61 and W. State St.
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 1
  • Structure Type: Onsite Built
  • Year Built: 1969
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: Full
  • Total Bedrooms: 6
  • Flooring: Hardwood, Wall/Wall Carpet
  • Interior Amenities: Paddle Fans, Eat-in Kitchen

Exterior Features

  • Lot Features: City Lot
  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Gravel, 2 Spaces
  • Total Parking Spaces: 2

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Window Unit(s), None
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: Shelby City Schools

Lot Info

  • Lot Size Sq Ft: 4323.0549
  • Farm Land Area Units: Square Feet
  • Parcel #: 0460802309000
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 3
  • Insurance Expense: 659

Tax Info

  • Tax Annual Amount: 1407.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2022
Sold by
Falquette David C and Falquette Rita L
Bought by
Magnolia Rentals Llc
Current Estimated Value
$136,000

Purchase Details

Closed on
Jun 22, 2021
Sold by
Magnolita Rentals Llc
Bought by
Falquette David C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 27, 2021
Sold by
Magnolia Rentals Llc
Bought by
Falquette David C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 1, 2015
Sold by
Falquette David C and Falquette Rita L
Bought by
Magnolia Rentals Llc

Purchase Details

Listed on
Aug 22, 2013
Closed on
Oct 3, 2013
Sold by
Rimmer Charles and Rimmer Donna J
Bought by
Falquette David C and Falquette Rita L
List Price
$79,500
Sold Price
$70,000
Premium/Discount to List
-$9,500
-11.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%
Original Mortgage
$52,500
Interest Rate
4.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2009
Sold by
Rimmer Timothy Charles
Bought by
Rimmer Timothy Charles
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Magnolia Rentals Llc $625 --
Magnolia Rentals Llc $625 None Listed On Document
Falquette David C -- Access Title Agency
Falquette David C -- None Listed On Document
Magnolia Rentals Llc -- Attorney
Falquette David C $70,000 Win Title Agency Llc
Rimmer Timothy Charles -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Falquette David C $59,500
Previous Owner Falquette David C $59,500
Previous Owner Falquette David C $52,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2013 10/03/13 Sold $70,000 -11.9% $33 / Sq Ft
09/04/2013 09/04/13 Pending -- -- --
08/22/2013 08/22/13 For Sale $79,500 -- $37 / Sq Ft
Source: Mansfield Association of REALTORS®

Tax History Compared to Growth

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
2024 $1,933 $49,340 $8,700 $40,640
2023 $1,933 $49,340 $8,700 $40,640
2022 $1,867 $42,630 $8,480 $34,150
2021 $1,868 $42,630 $8,480 $34,150
2020 $1,869 $42,630 $8,480 $34,150
2019 $1,712 $35,820 $7,130 $28,690
2018 $1,696 $35,820 $7,130 $28,690
2017 $1,583 $35,820 $7,130 $28,690
2016 $1,485 $31,860 $7,130 $24,730
2015 $1,478 $31,860 $7,130 $24,730
2014 $1,428 $31,860 $7,130 $24,730
2012 $1,407 $31,860 $7,130 $24,730
Source: Public Records

Map

Source: Mansfield Association of REALTORS®

MLS Number: 9024258

Mansfield Association of REALTORS®

APN: 046-08-023-09-000