NOT LISTED FOR SALE

1026 N Main St Bowling Green, OH 43402

2 Beds
1 Bath
11,678 Sq Ft
1.13 Acres

Last Sold October 04, 2021

Last sale price $499,990 $43 Per Sq Ft

5 Days on Market

Highlights

  • 1.13 Acre Lot
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of October 2021

Very good contidion, well-maintained commercial properties! $76,020 annual income when fully leased, 1028/1028C N. Main building has two apartments upstairs, two large retain/ commercial spaces downstairs. 1026 N. Main is a stand-alone 2 bedroom, 1 bath brick home with a partial basement, used as rental, also a 4-bay garage used as rentals. 0 main St. is a .6249 acre vacant lot. See attached information sheet for more details.

Last Agent to Sell the Property

Timothy Westhoven

A.A. Green Realty, Inc. License #0000418531 Listed on: 07/23/2021

Last Buyer's Agent

Griffin Jones

The Danberry Co License #2016005501

The Danberry Co

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,041

Year Built

  • Built in 1935

Lot Details

  • 1.13 Acre Lot
  • Lot Dimensions are 131 x 396
  • Irregular Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Carpet
  • Partial Basement
  • Security Lights

Laundry

  • Dryer
  • Washer

Parking

  • 21 Parking Spaces
  • Driveway

Schools

  • Bowling Green High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer
  • The owner pays for exterior maintenance, gas, insurance, lawn care, repairs, sewer, snow removal, water
  • Assessor Parcel Number B07-511-180301014000

Community Details

Overview

  • 3 Buildings
  • 6 Units

Building Details

  • 7 Leased Units
  • Operating Expense $11,624
  • Net Operating Income $64,396

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,041

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1935
  • Lot Size Acres: 1.13
  • Lot Size: 131 x 396
  • Subdivision Name: None
  • Carport Y N: No
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet
  • Number Of Buildings: 3
  • Owner Pays: Exterior Maintenance, Gas, Insurance, Lawn Care, Repairs, Sewer, Snow Removal, Water
  • Has Basement: Partial
  • Basement YN: Yes
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Lot Features: Irregular Lot
  • Disclosures: Lead Based Paint Disclosure, Property Disclosure
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, Attached Garage, Detached Garage, Driveway
  • Total Parking Spaces: 21.0

Utilities

  • Heating: Boiler, Forced Air, Natural Gas
  • Sewer: Sanitary Sewer, Storm Sewer
  • Appliances: Water Heater, Dryer, Electric Range Connection, Refrigerator, Washer
  • Cooling: Central Air
  • Laundry Features: Electric Dryer Hookup
  • Security: Security Lights
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Water Source: Public

Schools

  • Junior High Dist: Bowling Green

Lot Info

  • Lot Size Sq Ft: 49005.0
  • Parcel #: B07-511-180301014000

Rental Info

  • Lease Term: ["12 Months"]
  • Tenant Pays: Electricity, Gas, Sewer

Multi Family

  • Net Operating Income: 64396.0
  • Number Of Units Total: 6
  • Number Of Units Leased: 7
  • Annual Operating Expense: 11624.0
  • Total Actual Rent: 6335.0

MLS Schools

  • Elementary School: Other
  • HighSchool: Bowling Green

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Aug 24, 2021
Sold by
Phillips Loren J
Bought by
Doren Douglas S and Cookston Thomas T
Seller's Agent
Timothy Westhoven
A.A. Green Realty, Inc.
Buyer's Agent
Griffin Jones
The Danberry Co
List Price
$499,990
Sold Price
$499,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,992
Outstanding Balance
$340,983
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 2, 2014
Sold by
Phillips Loren J
Bought by
Phillips Loren J

Purchase Details

Closed on
Nov 11, 2014
Sold by
Phillips Loren J
Bought by
Phillips Loren J and Marital Trust A

Purchase Details

Closed on
Dec 8, 2003
Sold by
Phillips Loren J and Phillips Frances L
Bought by
Phillips Loren J and Phillips Frances L

Purchase Details

Closed on
Feb 14, 1983
Bought by
Phillips Loren J
Source: Public Records

Range of Values:

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Average Value
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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
Doren Douglas S $500,000 None Available
Phillips Loren J -- None Available
Phillips Loren J -- None Available
Phillips Loren J -- --
Phillips Loren J $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doren Douglas S $399,992
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2021 10/04/21 Sold $499,990 0.0% $43 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $499,990 -- $43 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

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 $3,041 $50,365 $20,580 $29,785
2023 $3,041 $50,370 $20,580 $29,790
2021 $2,741 $44,910 $22,650 $22,260
2020 $2,750 $44,910 $22,650 $22,260
2019 $2,774 $44,910 $22,650 $22,260
2018 $2,790 $44,910 $22,650 $22,260
2017 $2,772 $44,910 $22,650 $22,260
2016 $2,752 $44,880 $25,170 $19,710
2015 $2,752 $44,880 $25,170 $19,710
2014 $2,826 $44,880 $25,170 $19,710
2013 $2,833 $44,880 $25,170 $19,710
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Timothy Westhoven

    A.A. Green Realty, Inc.

  • Griffin Jones

    Buyer's Agent in 2021

    Griffin Jones

    The Danberry Co

    (419) 376-7501

    8 in this area

    184 Total Sales

    Griffin Jones
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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6074501

Northwest Ohio Real Estate Information Service (NORIS)

APN: B07-511-180301014000

Ohio Wood County Bowling Green 43402

1026 N Main St, Bowling Green, OH

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