$145,000
SOLD JUL 2, 2021

106 E Main St Spencer, OH 44275

8 Beds
4.5 Baths
4,260 Sq Ft
4,574 Sq Ft Lot

Recently Sold

$34 Per Sq Ft

9% Below List Price

42 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • North Facing Home
  • Property is Fully Fenced
  • Laundry Facilities

About This Home

As of July 2021

4-unit brick building in the heart of Spencer. Driveway, backyard. Possible use for business or office storefront in addition to rentals. Needs some interior repair in one unit and some roof/gutter work. Priced accordingly. Gross annual income when fully rented was $25,000+. Located next to The Spencer Main Street Market, across the street from The Spencer Restaurant, and just down from The Farmer's Savings Bank. Parking in driveway and on both sides of street.

Last Agent to Sell the Property

Brandon Marquard

M. C. Real Estate License #2006005394 Listed on: 04/23/2021

M. C. Real Estate

Last Buyer's Agent

Laura Bainbridge

Century 21 DeAnna Realty License #2012002074

Century 21 DeAnna Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,849

Year Built

  • Built in 1900

Lot Details

  • 4,574 Sq Ft Lot
  • North Facing Home
  • Property is Fully Fenced

Home Design

  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 4,260 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 8 Bedrooms

Utilities

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

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 037-27A-03-101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,849

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • House Faces: North
  • Price Per Square Foot: 34.04
  • Estimated Price per Sq Ft: 34.04
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 4260
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Appliances Equipment: Range, Refrigerator
  • Total Bedrooms: 8
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement Detail: Full
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 4260.00
  • Sq Ft Approx Total Finished: 4260.00

Exterior Features

  • Exterior: Brick
  • Fences: Full
  • Roof: Metal

Garage/Parking

  • Driveway: Paved

Utilities

  • LaundryFeatures: Shared
  • Cooling Type: Central Air, Window Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Black River LSD
  • School District: Black River LSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1050
  • Parcel Number: 037-27A-03-101

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Cable/Electric Link, Electric, Gas

Multi Family

  • Unit Count: 4
  • Num Of Buildings: 1
  • Number of Units: 4
  • Percent Units Occupied: 75

Tax Info

  • Tax: 2849

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2021
Sold by
Fosdick Michal
Bought by
M & D Spencer Llc
Current Estimated Value
$177,461

Purchase Details

Listed on
Apr 23, 2021
Closed on
Jul 1, 2021
Sold by
Han Won and Han Geun
Bought by
Fosdick Michal
Seller's Agent
Brandon Marquard
M. C. Real Estate
Buyer's Agent
Laura Bainbridge
Century 21 DeAnna Realty
List Price
$159,900
Sold Price
$145,000
Premium/Discount to List
-$14,900
-9.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.09%

Purchase Details

Closed on
Jul 10, 2007
Sold by
Smith Mark A and Smith Susan D
Bought by
Won Han

Purchase Details

Closed on
Nov 20, 2002
Sold by
Pinner Robert E
Bought by
Smith Mark A and Smith Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.08%
Mortgage Type
Commercial

Purchase Details

Closed on
May 20, 1998
Sold by
Burden Jean
Bought by
Pinner Robert E and Pinner Gloria N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,400
Interest Rate
7.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 12, 1994
Sold by
Burba C J
Bought by
Burden Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
8.61%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $145,000 None Available
Warranty Deed $189,900 --
Deed $170,000 --
Warranty Deed $122,000 Executive Title Agency Corp
Deed $70,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $136,000 Commercial
Previous Owner $85,400 Commercial
Previous Owner $72,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2021 07/02/21 Sold $145,000 -9.3% $34 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $159,900 -- $38 / Sq Ft
Source: MLS Now

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 $3,049 $52,670 $3,130 $49,540
2023 $3,049 $52,670 $3,130 $49,540
2022 $2,999 $52,670 $3,130 $49,540
2021 $2,788 $50,160 $2,980 $47,180
2020 $2,849 $50,160 $2,980 $47,180
2019 $2,904 $50,160 $2,980 $47,180
2018 $3,074 $52,980 $5,710 $47,270
2017 $3,080 $52,980 $5,710 $47,270
2016 $3,141 $52,980 $5,710 $47,270
2015 $3,025 $50,450 $5,430 $45,020
2014 $3,013 $50,450 $5,430 $45,020
2013 $3,009 $50,450 $5,430 $45,020
Source: Public Records

Agents Affiliated with this Home

  • Brandon Marquard

    Seller's Agent in 2021

    Brandon Marquard

    M. C. Real Estate

    (330) 441-4929

    41 Total Sales

    Section Image
  • Laura Bainbridge

    Buyer's Agent in 2021

    Laura Bainbridge

    Century 21 DeAnna Realty

    (216) 406-3353

    350 Total Sales

    Section Image
  • Jon Legato

    Buyer Co-Listing Agent in 2021

    Jon Legato

    Century 21 DeAnna Realty

    (216) 544-0012

    428 Total Sales

    Section Image
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Map

Source: MLS Now

MLS Number: 4273229

MLS Now

APN: 037-27A-03-101

Ohio Medina County Spencer 44275

106 E Main St, Spencer, OH

This home is located at 106 E Main St, Spencer, OH 44275 and is currently priced at $145,000, approximately $34 per square foot. This property was built in 1900. 106 E Main St is a home located in Medina County with nearby schools including Black River Education Center Elementary School, Black River Education Center Middle School, and Black River High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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