NOT LISTED FOR SALE

1018 S High St Urbana, OH 43078

Urbana Area
16 Beds
8 Baths
8,928 Sq Ft
1.05 Acre Lot

Sale Details

Date Sold: August 14, 2020

Last sale price $429,000 $48 Per Sq Ft

42 Days on Market

Highlights

  • 1.05 Acre Lot
  • Forced Air Heating and Cooling System
  • Ceiling Fan
  • Patio

About This Home

As of August 2020

A rare opportunity to own this investment property that is being offered on the market for the first time since it was built in 1996/1998. The 9 unit, townhouse property, with paved parking lots, is a 100% rented and is situated on 1.053 acres on the Southside of Urbana with close proximity to US Hwy 68 and State Route 55. All the apartments were built identical, with each unit offering 992 square feet. The main level floor plan features the living room, eat in kitchen (each with a range and refrigerator) and a laundry area with hookups for a full size washer and dryer. Upstairs there are 2 bedrooms and a full bath. Each unit has a small patio area in the rear of the building off the kitchen. Sidewalks connect the apartments to the parking area and the grounds feature mature trees. The rental income is $5095 monthly and there is $5095 in deposits. Each unit has separate meters for all the utilities including water/sewer, gas and electric. Included in the rent is the trash dumpster paid by the seller and is located on the property in the parking lot at $163 per month. This apartment complex has been well maintained over the years and it shows. The front building that faces High Street addresses are 1018, 1020 and 1024 S. High Street. The South building addresses are 1024 S. High Street Apt A-1, A-2 and A-3. The North building addresses are 1024 S. High Street Apt B-1, B-2 and B-3.

Last Agent to Sell the Property

Patrick Hamilton

RE/MAX Alliance Realty License #2004002933 Listed on: 06/15/2020

RE/MAX Alliance Realty

Last Buyer's Agent

JOHN DOE (NON-WRIST MEMBER)

WR

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,434

Year Built

  • Built in 1996

Lot Details

  • 1.05

Parking

  • No Garage

Home Design

  • Triplex
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 8,928 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Full Bathrooms

Utilities

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

Additional Features

  • Patio
  • 1.05 Acre Lot

Community Details

  • Association fees include trash
  • 9 Units

Listing and Financial Details

  • Assessor Parcel Number K482500012002901

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,434

Year Built

Built in 1996

Lot Details

1.05 Acres

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Triplex
  • Includedin Fee: Trash
  • Level Style: Two
  • Semi-Annual Tax: 4217.00
  • Year Built: 1996
  • Listing Cond: No
  • Listing I D: 1003552
  • M L S Approved: Y
  • M L S Identifier: 20190724221641160008000000
  • New Financing: Cash, Conventional
  • Parcel I D Number Formatted: K48-25-00-01-20-029-01
  • Property Group I D: 19990816212116581394000000
  • Type Of Contract: Exclusive Right To Sell
  • Two Bedrooms: 9
  • Units Rooms Gross Monthly Rent: 5095.00
  • Units Rooms Oven Range Total: 9
  • Units Rooms Refrigerator Total: 9
  • Units Rooms Total Security Deposit: 5095.00
  • Total Number of Units: 9
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range, Refrigerator
  • Total Bathrooms: 8.00
  • Full Bathrooms: 8
  • Basement: Crawl Space
  • Inside Features: Ceiling Fan(s), Partial Window Coverings
  • Price/ Sq Ft: 47.60
  • Total Bedrooms: 16
  • Total Square Footage: 8928.00

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Outside Features: Patio

Garage/Parking

  • Garage: No Garage

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Heating System: Forced Air, Natural Gas
  • Utilities: Natural Gas Connected
  • Sewer: Public Sewer
  • Water Source: Supplied Water

Lot Info

  • Acres: 1.05
  • Lot Dimensions: *
  • Land Info: Residential Lot
  • Parcel Id Number: K482500012002901

Tax Info

  • Tax Year: 2019

MLS Schools

  • School District: 1104 Urbana CSD

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2023
Sold by
1018 S High Urbana Llc
Bought by

Purchase Details

Listed on
Jun 15, 2020
Closed on
Aug 14, 2020
Sold by
Pence Mark K and Pence Susan
Bought by
1018 S High Urbana Llc
Seller's Agent
Patrick Hamilton
RE/MAX Alliance Realty
Buyer's Agent
JOHN DOE (NON-WRIST MEMBER)
WR
List Price
$425,000
Sold Price
$429,000
Premium/Discount to List
$4,000
0.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,716 --
1018 S High Urbana Llc $429,000 City Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $416,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/14/2020 08/14/20 Sold $429,000 +0.9% $48 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $425,000 -- $48 / Sq Ft
Source: Western Regional Information Systems & Technology (WRIST)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,414 $160,140 $18,040 $142,100
2024 $8,456 $126,110 $10,660 $115,450
2023 $8,408 $126,170 $10,720 $115,450
2022 $8,570 $126,230 $10,780 $115,450
2021 $8,727 $126,230 $10,780 $115,450
2020 $8,695 $126,230 $10,780 $115,450
2019 $8,435 $126,230 $10,780 $115,450
2018 $9,278 $129,990 $10,780 $119,210
2017 $9,390 $129,990 $10,780 $119,210
2016 $9,493 $129,990 $10,780 $119,210
2015 $9,563 $129,990 $10,780 $119,210
2014 $9,434 $129,990 $10,780 $119,210
2013 $8,511 $129,990 $10,780 $119,210
Source: Public Records

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Map

Source: Western Regional Information Systems & Technology (WRIST)

MLS Number: 1003552

Western Regional Information Systems & Technology (WRIST)
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