NOT LISTED FOR SALE

Estimated Value: $100,000 - $134,000

7 Beds
2 Baths
1,906 Sq Ft
$62/Sq Ft Est. Value

Last Sold December 21, 2015

Last sale price $50,000 $26 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $742/month

99 Days on Market

About This Home

As of December 2015

Great Investment Opportunity! Structurally and functionally sound 2 unit home in Massillon.
Both units are currently leased but could be purchased as Owner Occupied. You could live in one unit and rent the other!

Last Agent to Sell the Property

Greg Stearn

RE/MAX Trends Realty License #2014001702 Listed on: 08/24/2015

RE/MAX Trends Realty

Co-Listed By

Stacie Stearn

Deleted Agent License #2014002152

Last Buyer's Agent

Greg Stearn

RE/MAX Trends Realty License #2014001702 Listed on: 08/24/2015

RE/MAX Trends Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,096

Year Built

  • Built in 1928

Lot Details

  • 7,501 Sq Ft Lot
  • North Facing Home

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,906 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Massillon Community

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas, water
  • The owner pays for sewer
  • Assessor Parcel Number 00608648

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,096

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: North
  • Price Per Square Foot: 26.23
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1906
  • Year Built: 1928
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1928

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full, Unfinished
  • Living Area Sq Ft: 1906
  • Estimated Total Living Area: 1906
  • Estimated Sq Ft: 1906

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Utilities

  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Massillon

Fee Information

  • Op Expenses: 1095.00

Schools

  • School District: Massillon CSD
  • School District: Massillon CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1722
  • Parcel Number: 00608648

Rental Info

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

Multi Family

  • Unit Count: 2
  • Gross Income: 11400.00
  • Net Income: 10305.00
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1096

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2015
Closed on
Dec 21, 2015
Sold by
Veno Scott J and Veno Shanna R
Bought by
Dmx Investments Llc
Seller's Agent
Greg Stearn
RE/MAX Trends Realty
Buyer's Agent
Greg Stearn
RE/MAX Trends Realty
List Price
$57,000
Sold Price
$50,000
Premium/Discount to List
-$7,000
-12.28%
Current Estimated Value
$119,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,107
Avg. Annual Appreciation
9.27%
Original Mortgage
$40,000
Outstanding Balance
$31,728
Interest Rate
3.96%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$87,379

Purchase Details

Closed on
May 6, 2008
Sold by
Wells Fargo Bank Na
Bought by
Veno Scott J and Veno Shanna R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,200
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2008
Sold by
Wells Fargo Bank Na
Bought by
Wells Fargo Bank Na and Pooling & Servicing Agreement Asset Back

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,200
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2008
Sold by
Mckinney Bryan L and Mckinney Judy
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 22, 2002
Sold by
Weisel Rose
Bought by
Bryan Mckinney Construction Inc

Purchase Details

Closed on
Jun 5, 2001
Sold by
Orphanides Harry George and Orphanides Rose
Bought by
Mckinney Brayan

Purchase Details

Closed on
Jul 8, 1991
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
Dmx Investments Llc $50,000 Attorney
Veno Scott J -- Accutitle Agency Inc
Wells Fargo Bank Na $29,000 Accutitle Agency Inc
Wells Fargo Bank Na $44,000 None Available
Bryan Mckinney Construction Inc -- --
Mckinney Brayan $4,000 Endress/Lawyers Title
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dmx Investments Llc $40,000
Previous Owner Veno Scott J $23,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2015 12/21/15 Sold $50,000 -12.3% $26 / Sq Ft
12/01/2015 12/01/15 Pending -- -- --
08/24/2015 08/24/15 For Sale $57,000 -- $30 / 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
2025 -- $34,230 $9,520 $24,710
2024 -- $34,230 $9,520 $24,710
2023 $1,314 $25,000 $7,950 $17,050
2022 $1,318 $25,000 $7,950 $17,050
2021 $1,339 $25,000 $7,950 $17,050
2020 $1,184 $20,790 $6,510 $14,280
2019 $1,168 $20,790 $6,510 $14,280
2018 $1,161 $20,790 $6,510 $14,280
2017 $1,120 $18,730 $5,150 $13,580
2016 $1,138 $18,730 $5,150 $13,580
2015 $1,096 $18,240 $5,150 $13,090
2014 $1,096 $17,640 $4,970 $12,670
2013 $552 $17,640 $4,970 $12,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3741305

MLS Now

APN: 00608648