NOT LISTED FOR SALE

1124 E Farwell St Sandusky, OH 44870

Estimated Value: $131,000 - $169,475

3 Beds
1 Bath
1,920 Sq Ft
$80/Sq Ft Est. Value

Last Sold April 19, 2023

Last sale price $95,000 $49 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $964/month

193 Days on Market

Highlights

  • 1-Story Property
  • Forced Air Heating System
  • 5-minute walk to Playground Park

About This Home

As of April 2023

Two Houses on one lot. Both Houses are 960 Square Feet. Listed a a Duplex. Homes have 3 bedroom each. Tenant pays all utilities. Great Income potiential.

Last Agent to Sell the Property

Jeff Smith

BHHS Professional Realty License #2016001649 Listed on: 10/06/2022

BHHS Professional Realty

Co-Listed By

Default zSystem

zSystem Default

Last Buyer's Agent

Deanna Glass

North Bay Realty, LLC License #2015005579

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,512

Year Built

  • Built in 1971

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 66 x 194

Home Design

  • Duplex
  • Slab Foundation
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,920 Sq Ft Home
  • 1-Story Property

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 5704312.000

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $17,700
  • Gross Income $17,700
  • Net Operating Income $3,312

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,512

Year Built

Built in 1971

Lot Details

0

Listing Details

  • PropertySubType: Duplex
  • PropertyType: Residential Income
  • Lot Size Acres: 0.2939
  • Total Gross Income: 17700
  • MLS Status: Sold
  • ResoBuildingAreaSource: Public Records
  • Unit Levels: One
  • Living Area: 1920
  • Year Built: 1971
  • Tax Year: 2022
  • Master Plan Zoning: Single Family
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Vinyl Siding
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No

Utilities

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

Schools

  • Junior High Dist: Sandusky

Lot Info

  • Lot Dimensions: 66 x 194
  • Lot Size Sq Ft: 12802.284
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 5704312.000
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 3312.24
  • Annual Operating Expense: 17700

Tax Info

  • Tax Annual Amount: 1512.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2025
Sold by
Michelle Schmidt Living Trust and Schmidt Michelle M
Bought by
Michelle Schmidt Living Trust and Scott Terna Living Trust
Current Estimated Value
$154,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Outstanding Balance
$105,000
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$49,369

Purchase Details

Closed on
Mar 19, 2024
Sold by
Terna Scott and Schmidt Michelle
Bought by
Michelle Schmidt Living Trust and Scott Terna Living Trust

Purchase Details

Listed on
Oct 6, 2022
Closed on
Apr 18, 2023
Sold by
Networks Of Wealth Inc
Bought by
Terna Scott and Schmidt Michelle
Seller's Agent
Jeff Smith
BHHS Professional Realty
Buyer's Agent
Deanna Glass
North Bay Realty, LLC
List Price
$129,900
Sold Price
$95,000
Premium/Discount to List
-$34,900
-26.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.54%

Purchase Details

Closed on
Oct 15, 2018
Sold by
Ccb Sandusky Llc
Bought by
Networks Of Wealth Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.9%

Purchase Details

Closed on
Oct 12, 2011
Sold by
North Bay Real Estate Inc
Bought by
Ccb Sandusky Llc
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
Michelle Schmidt Living Trust -- Hartung Title
Michelle Schmidt Living Trust -- Hartung Title
Michelle Schmidt Living Trust -- None Listed On Document
Terna Scott $95,000 None Listed On Document
Networks Of Wealth Inc $144,000 --
Ccb Sandusky Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michelle Schmidt Living Trust $105,000
Previous Owner Networks Of Wealth Inc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2023 04/19/23 Sold $95,000 -26.9% $49 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
10/06/2022 10/06/22 For Sale $129,900 -- $68 / 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 $1,878 $47,684 $5,432 $42,252
2023 $1,878 $29,557 $3,881 $25,676
2022 $1,536 $29,560 $3,881 $25,679
2021 $1,512 $29,560 $3,880 $25,680
2020 $1,606 $28,850 $3,880 $24,970
2019 $1,651 $28,850 $3,880 $24,970
2018 $1,653 $28,850 $3,880 $24,970
2017 $1,624 $28,260 $6,730 $21,530
2016 $1,623 $28,260 $6,730 $21,530
2015 $1,471 $28,260 $6,730 $21,530
2014 $1,462 $28,260 $6,730 $21,530
2013 $1,447 $28,260 $6,730 $21,530
Source: Public Records

Agents Affiliated with this Home

  • Jeff Smith

    Seller's Agent in 2023

    Jeff Smith

    BHHS Professional Realty

    (419) 239-3472

    190 in this area

    230 Total Sales

    Jeff Smith
    Section Image

  • D

    Seller Co-Listing Agent in 2023

    Default zSystem

    zSystem Default

  • Deanna Glass

    Buyer's Agent in 2023

    Deanna Glass

    North Bay Realty, LLC

    (419) 656-9740

    76 in this area

    99 Total Sales

    Deanna Glass
    Section Image
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Map

Source: Firelands Association of REALTORS®

MLS Number: 20224014

APN: 57-04312-000

Ohio Erie County Sandusky 44870

1124 E Farwell St, Sandusky, OH

Not Listed for Sale

MultiFamily

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