NOT LISTED FOR SALE

1225 Schultz St Defiance, OH 43512

Estimated Value: $102,000 - $144,000

3 Beds
2 Baths
1,379 Sq Ft
$87/Sq Ft Est. Value

Last Sold October 01, 2019

Last sale price $57,000 $41 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $749/month

87 Days on Market

Highlights

  • 4 Car Attached Garage
  • Forced Air Heating System
  • Rectangular Lot

About This Home

As of October 2019

Great income potential for investors or a perfect way to live in one unit and rent the other unit and have half your mortgage paid for.

Last Agent to Sell the Property

Gary Ries

Sam Switzer Realty LLC License #0000233618 Listed on: 05/20/2019

Last Buyer's Agent

Anne Gregory

Northwest Real Estate Services License #2010001731

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,355

Year Built

  • Built in 1900

Lot Details

  • 8,699 Sq Ft Lot
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Aluminum Siding
  • Steel Siding

Interior Spaces

  • 1,379 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Oven
  • Range

Parking

  • 4 Car Attached Garage
  • Driveway
  • Parking Lot

Schools

  • Defiance Elementary School
  • Defiance High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for sewer, taxes, water
  • Assessor Parcel Number B01-1056-0-001-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,355

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Lot Size Acres: 0.1997
  • Lot Size: 8,700
  • Inclusions: ,,
  • Subdivision Name: Other
  • Structure Type: Duplex
  • Property Sub Type Additional: Multi Family
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Owner Pays: Sewer, Taxes, Water
  • Has Basement: Crawl Space
  • Interior Amenities: Cable TV
  • Living Area: 1379.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Lot Features: Rectangular Lot
  • Disclosures: Lead Based Paint Disclosure, Sellers Disclosure Not Available
  • Construction Type: Aluminum Siding, Steel Siding
  • Foundation Details: Crawlspace

Garage/Parking

  • Parking Features: Attached, Concrete, Driveway, Parking Lot
  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Sanitary
  • Appliances: Electric Water Heater, Oven, Range, Refrigerator
  • Cooling: None
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Water Source: Public

Schools

  • Junior High Dist: Defiance

Lot Info

  • Parcel #: B01-1056-0-001-00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other
  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 915.0

MLS Schools

  • Elementary School: Defiance
  • HighSchool: Defiance

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2023
Sold by
Wanderlust Holdings Ltd
Bought by
Kingdom Property Investments Llc
Current Estimated Value
$120,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Outstanding Balance
$284,945
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
-$164,895

Purchase Details

Listed on
May 20, 2019
Closed on
Sep 30, 2019
Sold by
Mad Alex Llc
Bought by
Wanderlust Holdings Ltd
Seller's Agent
Gary Ries
Sam Switzer Realty LLC
Buyer's Agent
Anne Gregory
Northwest Real Estate Services
List Price
$64,900
Sold Price
$57,000
Premium/Discount to List
-$7,900
-12.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.19%
Original Mortgage
$59,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 28, 2010
Sold by
Keller Aaron G and Loynabkeller Zuliakha
Bought by
Madalex Llc

Purchase Details

Closed on
Jun 13, 2003
Bought by
Mad-Alex Llc

Purchase Details

Closed on
May 1, 1992
Bought by
Mad-Alex Llc

Purchase Details

Closed on
Jan 1, 1992
Bought by
Mad-Alex Llc
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
Kingdom Property Investments Llc $380,000 None Listed On Document
Kingdom Property Inv Llc $380,000 None Listed On Document
Wanderlust Holdings Ltd $57,000 None Available
Madalex Llc -- --
Mad-Alex Llc $66,500 --
Mad-Alex Llc $26,500 --
Mad-Alex Llc $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kingdom Property Inv Llc $304,000
Closed Kingdom Property Inv Llc $304,000
Previous Owner Wanderlust Holdings Ltd $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2019 10/01/19 Sold $57,000 -12.2% $41 / Sq Ft
08/15/2019 08/15/19 Pending -- -- --
05/20/2019 05/20/19 For Sale $64,900 -- $47 / 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 $1,355 $35,170 $4,120 $31,050
2023 $1,355 $35,170 $4,120 $31,050
2022 $1,208 $28,030 $4,120 $23,910
2021 $1,208 $28,030 $4,120 $23,910
2020 $1,218 $28,030 $4,120 $23,910
2019 $1,112 $25,040 $4,120 $20,920
2018 $1,082 $25,040 $4,120 $20,920
2017 $1,019 $25,036 $4,116 $20,920
2016 $997 $22,680 $3,948 $18,732
2015 $478 $22,530 $3,948 $18,582
2014 $478 $22,530 $3,948 $18,582
2013 $478 $22,530 $3,948 $18,582
2012 $478 $22,530 $3,948 $18,582
Source: Public Records

Agents Affiliated with this Home

  • Gary Ries

    Seller's Agent in 2019

    Gary Ries

    Sam Switzer Realty LLC

    (419) 784-1950

    32 in this area

    43 Total Sales

    Gary Ries
    Section Image

  • A

    Buyer's Agent in 2019

    Anne Gregory

    Northwest Real Estate Services

    (419) 438-5002

    15 in this area

    34 Total Sales

    Anne Gregory
    Section Image
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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6040084

Northwest Ohio Real Estate Information Service (NORIS)

APN: B01-1056-0-001-00

Ohio Defiance County Defiance 43512

1225 Schultz St, Defiance, OH

This home is located at 1225 Schultz St, Defiance, OH 43512 since 20 May 2019 and is currently estimated at $120,050, approximately $87 per square foot. This property was built in 1900. 1225 Schultz St is a home located in Defiance County with nearby schools including Defiance Elementary School, Defiance Middle School, and Defiance 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.

Northwest Ohio Real Estate Information Service (NORIS) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. ©2025 NORIS. All rights reserved.

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