NOT LISTED FOR SALE

1024 Wayne St Sandusky, OH 44870

Estimated Value: $169,000 - $230,000

4 Beds
4 Baths
2,243 Sq Ft
$93/Sq Ft Est. Value

Last Sold August 04, 2022

Last sale price $165,100 $74 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,276/month

28 Days on Market

Highlights

  • Storm Windows
  • Accessible Doors
  • Heating System Uses Natural Gas

About This Home

As of August 2022

Investors Package. 3 multifamily side by side homes near downtown Sandusky. 1030 Wayne Street is a 2 Unit Building. Also included in the package is 1024 Wayne and 1028 Wayne. 8 Units total priced at for $489,750. Plenty of parking available.4 CAR PARKING AREA IN BACK SHARED WITH 1028 WAYNE STREET.

Last Agent to Sell the Property

Rob Routh

The Holden Agency-Routh Realty License #399181 Listed on: 07/05/2022

The Holden Agency-Routh Realty

Co-Listed By

Default zSystem

zSystem Default

Last Buyer's Agent

Tarina Sidoti

BHHS Professional Realty License #2009004588

BHHS Professional Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,180

Year Built

  • Built in 1930

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 33 x 132

Home Design

  • Aluminum Siding
  • Stone

Interior Spaces

  • 2,243 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Storm Windows
  • Range

Parking

  • Shared Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Accessible Home Design

  • Accessible Doors

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • 100 Amp Service

Listing and Financial Details

  • Assessor Parcel Number 5704872000

Community Details

Overview

  • 3 Units
  • Southwark Addition Subdivision

Building Details

  • Operating Expense $6,580
  • Gross Income $26,400
  • Net Operating Income $19,820

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,180

Year Built

Built in 1930

Lot Details

0

Listing Details

  • PropertySubType: Multi Family
  • PropertyType: Residential Income
  • Lot Size Acres: 0.1
  • NAV29_Unit_1_Appliances: Range, Refrigerator
  • Total Gross Income: 26400
  • MLS Status: Sold
  • Subdivision Name: Southwark Addition
  • Directions: SOUTH FROM MONROE NORTH FROM SCOTT
  • Accessibility Features: Accessible Doors
  • ResoBuildingAreaSource: Public Records
  • Carport Y N: No
  • Unit Levels: Two
  • Living Area: 2243
  • Window Features: Storm Window(s)
  • Year Built: 1930
  • Tax Year: 2021
  • Master Plan Zoning: 530-Triplex
  • Financial Info Electric: 100 Amp Service
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Stone
  • Foundation Details: Basement

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Paved, Off Street, Shared Driveway

Utilities

  • Cooling Y N: No
  • Heating: Natural Gas, Hot Water
  • HeatingYN: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
  • Water Source: Public

Schools

  • Junior High Dist: Sandusky

Lot Info

  • Lot Dimensions: 33 x 132
  • Lot Size Sq Ft: 4356
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 5704872000
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 19820
  • Annual Operating Expense: 6580

Tax Info

  • Tax Annual Amount: 2180

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Aug 4, 2022
Sold by
Hellas Llc
Bought by
Olsen Eric P and Olcen Marcella
Seller's Agent
Rob Routh
The Holden Agency-Routh Realty
Buyer's Agent
Tarina Sidoti
BHHS Professional Realty
List Price
$165,100
Sold Price
$165,100
Current Estimated Value
$209,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,407
Avg. Annual Appreciation
7.21%
Original Mortgage
$123,825
Outstanding Balance
$118,659
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$90,848

Purchase Details

Closed on
Jul 26, 2016
Sold by
Thomsen Christel and Farrell Pamela
Bought by
Hellas Llc

Purchase Details

Closed on
Jan 1, 1987
Bought by
Thomsen Christel
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Olsen Eric P $123,825 Fidelity National Title
Hellas Llc -- None Available
Thomsen Christel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olsen Eric P $123,825
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2022 08/04/22 Sold $165,100 0.0% $74 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $165,100 -- $74 / Sq Ft
Source: Firelands 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 $2,186 $55,502 $3,475 $52,027
2023 $2,186 $37,873 $2,716 $35,157
2022 $1,920 $37,873 $2,716 $35,157
2021 $1,938 $37,880 $2,720 $35,160
2020 $2,054 $36,900 $2,720 $34,180
2019 $2,112 $36,900 $2,720 $34,180
2018 $2,114 $36,900 $2,720 $34,180
2017 $2,169 $37,740 $2,820 $34,920
2016 $2,168 $37,740 $2,820 $34,920
2015 $2,062 $37,740 $2,820 $34,920
2014 $2,709 $37,740 $2,820 $34,920
2013 $1,933 $37,740 $2,820 $34,920
Source: Public Records

Agents Affiliated with this Home

  • Rob Routh

    Seller's Agent in 2022

    Rob Routh

    The Holden Agency-Routh Realty

    (419) 656-4000

    31 in this area

    48 Total Sales

    Rob Routh
    Section Image

  • D

    Seller Co-Listing Agent in 2022

    Default zSystem

    zSystem Default

  • Tarina Sidoti

    Buyer's Agent in 2022

    Tarina Sidoti

    BHHS Professional Realty

    (419) 706-2365

    235 in this area

    453 Total Sales

    Tarina Sidoti
    Section Image
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Map

Source: Firelands Association of REALTORS®

MLS Number: 20222393

APN: 57-04872-000

Ohio Erie County Sandusky 44870

1024 Wayne St, Sandusky, OH

Not Listed for Sale

MultiFamily

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