NOT LISTED FOR SALE

112 W Main St Deshler, OH 43516

Estimated Value: $123,900

-- Bed
1 Bath
11,940 Sq Ft
$10/Sq Ft Est. Value

Last Sold January 06, 2023

Last sale price $98,000 $8 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $780/month

213 Days on Market

Highlights

  • Wood Flooring
  • Window Unit Cooling System
  • Zero Lot Line
  • Attic
  • Shed
  • Radiant Heating System

About This Home

As of January 2023

Calling all investors! Large building conveniently located in downtown Deshler. Four newly renovated second floor apartment bringing in over $2000 monthly. This building has 2 storefronts and endless storage space. Great cash flow opportunity! Potential for additional office space or retail is endless!

Last Agent to Sell the Property

Jacob Fleischmann

Howard Hanna Brokerage Phone: (419) 822-1918 License #2020005551 Listed on: 06/05/2022

Last Buyer's Agent

NORIS Member NON

NON MLS MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,477

Year Built

  • Built in 1900

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 50x200
  • Zero Lot Line

Home Design

  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 11,940 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Crawl Space
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Oven
  • Range

Parking

  • 6 Parking Spaces
  • Driveway
  • Parking Lot

Outdoor Features

  • Shed

Schools

  • Patrick Henry Elementary School
  • Patrick Henry High School

Utilities

  • Window Unit Cooling System
  • Radiant Heating System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 4 Units
  • Net Operating Income $2,375

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • The owner pays for common area maintenance, insurance, sewer, taxes, trash collection, water
  • Assessor Parcel Number 40-009421-1580

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,477

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Lot Size Acres: 0.23
  • Lot Size: 50x200
  • Inclusions: ,,
  • Subdivision Name: None
  • Structure Type: Apartment
  • Property Sub Type Additional: Multi Family
  • Attribution Contact: (419) 822-1918
  • Special Features: VirtualTour

Interior Features

  • Stories: 3
  • Flooring: Wood
  • Number Of Buildings: 1
  • Owner Pays: Common Area Maintenance, Insurance, Sewer, Taxes, Trash Collection, Water
  • Has Basement: Crawl Space
  • Interior Amenities: Attic, Common Entry, Electric Range Connection, Cable TV
  • Living Area: 11940.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Metal, Other
  • Lot Features: Zero Lot Line
  • Disclosures: Lead Based Paint Disclosure, Seller Disclosure
  • Construction Type: Brick
  • Foundation Details: Crawlspace
  • Other Structures: Shed(s)

Garage/Parking

  • Parking Features: Driveway, Gravel, Parking Lot
  • Total Parking Spaces: 6.0

Utilities

  • Heating: Electric, Radiant
  • Sewer: Sanitary
  • Appliances: Electric Water Heater, Oven, Range, Refrigerator
  • Cooling: Window Unit(s)
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Water Source: Public

Schools

  • Junior High Dist: Patrick Henry

Lot Info

  • Parcel #: 40-009421-1580
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Gas, Heat

Multi Family

  • Net Operating Income: 2375.0
  • Number Of Units Total: 4
  • Total Actual Rent: 2150.0

MLS Schools

  • Elementary School: Patrick Henry
  • HighSchool: Patrick Henry

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2022
Sold by
Sweet Adeline Studios Llc
Bought by
Arrk Properties Llc
Current Estimated Value
$123,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 28, 2021
Sold by
J Z Investments Llc
Bought by
Sweet Adeline Studios Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,797
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 20, 2016
Sold by
Bartlow Enterprises Ltd
Bought by
J Z Investments Llp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,400
Interest Rate
3.48%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 7, 2009
Sold by
Seedorf Donald H and Seedorf Harriet M
Bought by
Bartlow Enterprises Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,276
Interest Rate
5.03%
Mortgage Type
Commercial
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
Arrk Properties Llc $98,000 --
Sweet Adeline Studios Llc $27,500 None Available
J Z Investments Llp $28,000 Attorney
Bartlow Enterprises Ltd $30,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arrk Properties Llc $78,000
Previous Owner Sweet Adeline Studios Llc $24,797
Previous Owner J Z Investments Llp $22,400
Previous Owner Bartlow Enterprises Ltd $25,276
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2023 01/06/23 Sold $98,000 -24.6% $8 / Sq Ft
01/06/2023 01/06/23 Pending -- -- --
09/19/2022 09/19/22 Price Changed $129,900 -12.8% $11 / Sq Ft
06/06/2022 06/06/22 Price Changed $149,000 -6.8% $12 / Sq Ft
06/06/2022 06/06/22 For Sale $159,900 -- $13 / 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 $1,477 $26,130 $2,460 $23,670
2023 $1,477 $26,130 $2,460 $23,670
2022 $1,267 $41,260 $4,920 $36,340
2021 $1,268 $20,630 $2,460 $18,170
2020 $1,324 $20,630 $2,460 $18,170
2019 $1,300 $20,630 $2,460 $18,170
2018 $1,340 $20,630 $2,460 $18,170
2017 $1,268 $20,630 $2,460 $18,170
2016 $916 $13,790 $2,460 $11,330
2015 $897 $13,790 $2,460 $11,330
2014 $897 $13,790 $2,460 $11,330
2013 $897 $13,790 $2,460 $11,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6088057

Northwest Ohio Real Estate Information Service (NORIS)

APN: 40-009421-1580