$89,500
SOLD SEP 29, 2023

118 E Main St New London, OH 44851

4 Beds
4 Baths
952 Sq Ft
0.45 Acres

Recently Sold

$94 Per Sq Ft

19% Below List Price

489 Days on Market

Highlights

  • 1-Story Property
  • Forced Air Heating System
  • Wood Siding

About This Home

As of September 2023

Nice rental opportunity. 4 units close to downtown. Plenty of room for expansion. 1 unit was previously set up as a hair salon. 3 units are ready to rent & 1 unit needs remodeled. Units were rented for $500/month. Located just east of the Dollar General store.

Last Agent to Sell the Property

Andy Suvar

Foster Realty Real Estate Connections Brokerage Phone: 4199293051 License #BRKP.2002007290 Listed on: 04/15/2022

Last Buyer's Agent

Andy Suvar

Foster Realty Real Estate Connections Brokerage Phone: 4199293051 License #BRKP.2002007290 Listed on: 04/15/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,584

Year Built

  • Built in 1956

Lot Details

  • 0.45 Acre Lot

Home Design

  • Poured Concrete
  • Asphalt Roof
  • Wood Siding
  • Aluminum Siding
  • Lead Paint Disclosure

Interior Spaces

  • 952 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 10 Parking Spaces
  • No Garage
  • Paved Parking
  • Open Parking

Utilities

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

Community Details

  • 4 Units
  • New Taxes Expense $840

Listing and Financial Details

  • Total Actual Rent $500
  • The owner pays for gas, water, electricity, trash collection, sewer
  • Tax Lot LOT 439
  • Assessor Parcel Number 26019B0600000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,584

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.45
  • Directions: Located on East Main St next to Dollar General
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Year Built: 1956
  • Attribution Contact: 4199293051
  • NAV43_Flood_Plain: Unknown
  • NAV43_rets_property_type: Residential Income
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Owner Pays: Gas, Water, Electricity, Trash Collection, Sewer
  • Has Basement: Concrete
  • Basement YN: No
  • Total Bedrooms: 4
  • Living Area: 952

Exterior Features

  • Disclosures: Lead Based Paint Disclosure, Property Disclosure
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Wood Siding
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: No Garage, Stone
  • Total Parking Spaces: 10

Utilities

  • Heating: Electric, Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: Firelands
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: New London

Lot Info

  • Lot Size Sq Ft: 19602
  • Farm Land Area Units: Square Feet
  • Parcel #: 26019B0600000

Rental Info

  • Lease Term: Unit 1 Lease Length(Monthly),Unit 2 Lease Length(Monthly),Unit 3 Lease Length(Monthly),Unit 4 Lease Length(Monthly)
  • Tenant Pays: None

Multi Family

  • Number Of Units Total: 4
  • Number Of Units Vacant: 7
  • Total Actual Rent: 500

Tax Info

  • New Taxes Expense: 840
  • Tax Lot: LOT 439

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Sep 28, 2023
Sold by
Hoffer Cortney
Bought by
Blake Chad
Seller's Agent
Andy Suvar
Foster Realty Real Estate Connections, Inc.
Buyer's Agent
Andy Suvar
Foster Realty Real Estate Connections, Inc.
List Price
$110,000
Sold Price
$89,500
Premium/Discount to List
-$20,500
-18.64%
Views
89
Current Estimated Value
$123,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,289
Avg. Annual Appreciation
11.80%
Original Mortgage
$135,575
Interest Rate
7.09%
Mortgage Type
Construction

Purchase Details

Closed on
May 26, 2020
Sold by
Newton Michael L
Bought by
Hoffer Cortney

Purchase Details

Listed on
Feb 11, 2016
Closed on
Jul 15, 2016
Sold by
Anderson Darwin K and Anderson Mitchell K
Bought by
Newton Michael L
Seller's Agent
Andy Suvar
Foster Realty Real Estate Connections
Buyer's Agent
Andy Suvar
Foster Realty Real Estate Connections
List Price
$32,000
Sold Price
$22,000
Premium/Discount to List
-$10,000
-31.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.44%

Purchase Details

Closed on
Oct 14, 1982
Bought by
Anderson Darwin K
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $89,500 First American Title
Quit Claim Deed $22,000 None Available
Executors Deed $22,000 1St Amer
Deed $65,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $194,600 Credit Line Revolving
Closed $135,575 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $89,500 0.0% $94 / Sq Ft
09/29/2023 09/29/23 Sold $89,500 -18.6% $94 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
08/18/2023 08/18/23 Pending -- -- --
06/13/2023 06/13/23 For Sale $110,000 0.0% $116 / Sq Ft
06/12/2023 06/12/23 For Sale $110,000 -18.5% $116 / Sq Ft
02/16/2023 02/16/23 Pending -- -- --
04/15/2022 04/15/22 For Sale $135,000 +513.6% $142 / Sq Ft
07/14/2016 07/14/16 Sold $22,000 -31.3% --
06/29/2016 06/29/16 Pending -- -- --
02/16/2016 02/16/16 For Sale $32,000 -- --
Source: Ashland Board 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 $1,584 $40,710 $7,620 $33,090
2023 $1,509 $23,340 $6,290 $17,050
2022 $836 $23,340 $6,290 $17,050
2021 $837 $23,340 $6,290 $17,050
2020 $514 $13,380 $6,290 $7,090
2019 $512 $13,380 $6,290 $7,090
2018 $500 $13,380 $6,290 $7,090
2017 $395 $11,360 $6,290 $5,070
2016 $388 $11,360 $6,290 $5,070
2015 $388 $11,370 $6,290 $5,080
2014 $396 $11,380 $6,300 $5,080
2013 $579 $11,380 $6,300 $5,080
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Andy Suvar

    Foster Realty Real Estate Connections, Inc.

    (440) 668-8098

    50 in this area

    86 Total Sales

    Andy Suvar
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Map

Source: Ashland Board of REALTORS®

MLS Number: 224113

APN: 26-019B-01-060-0000

Ohio Huron County New London 44851

118 E Main St, New London, OH

This home is located at 118 E Main St, New London, OH 44851 and is currently priced at $89,500, approximately $94 per square foot. This property was built in 1956. 118 E Main St is a home located in Huron County with nearby schools including New London Elementary School, New London Middle School, and New London 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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