NOT LISTED FOR SALE

1337 Penney Ln Millbury, OH 43447

Estimated Value: $161,000 - $227,847

4 Beds
2 Baths
2,176 Sq Ft
$87/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $168,200 $77 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,235/month

83 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Rectangular Lot
  • Carpet
  • Private Entrance

About This Home

As of October 2023

This is your chance to own a beautiful twinplex in the heart of Milbury! Both units have updated kitchens, bathrooms, and mechanicals.
Stunning granite countertops and hardwood cabinets set these spaces apart from other apartments on the market. Each unit has 2
spacious bedrooms and 1.5 baths. Tankless water heaters, first floor laundry, and separate concrete driveways and back patios are all
added bonuses. Buy the property as an investment or live in one unit and rent out the other.

Last Agent to Sell the Property

Eric Puffenberger

W & R Property Management Brokerage Phone: (614) 949-5724 License #2022002888 Listed on: 07/13/2023

Last Buyer's Agent

Tari Howard

Key Realty License #2001020980

Key Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,821

Year Built

  • Built in 1979

Lot Details

  • 8,276 Sq Ft Lot
  • Private Entrance

Home Design

  • Twin Home
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,176 Sq Ft Home
  • 2-Story Property
  • Window Screens
  • Carpet
  • Crawl Space
  • Security Lights

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Parking

  • 4 Parking Spaces
  • Driveway

Schools

  • Lake Elementary School
  • Lake High School

Utilities

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

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for common area maintenance, grounds care, insurance, sewer, taxes, trash collection, water
  • Assessor Parcel Number H30-712-130401024000

Community Details

Overview

  • 2 Units
  • Apple Addition Subdivision

Building Details

  • 2 Leased Units
  • Operating Expense $6,289
  • Net Operating Income $15,047

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,821

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1979
  • Lot Size Acres: 0.19
  • Lot Size: 8,476
  • Inclusions: ,,
  • Subdivision Name: Apple Addition
  • Architectural Style: Twin Home
  • Unit Levels: Two
  • Property Sub Type Additional: Multi Family
  • Attribution Contact: (614) 949-5724
  • Special Features: VirtualTour

Interior Features

  • Stories: 2
  • Flooring: Carpet
  • Number Of Buildings: 1
  • Owner Pays: Common Area Maintenance, Grounds Care, Insurance, Sewer, Taxes, Trash Collection, Water
  • Has Basement: Crawl Space
  • Living Area: 2176.0
  • Stories: 2
  • Window Features: Screens
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Lot Features: Rectangular Lot
  • Disclosures: Seller Disclosure
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Private Entrance
  • Foundation Details: Crawlspace

Garage/Parking

  • Parking Features: Concrete, Driveway, Other
  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Sanitary
  • Appliances: Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator
  • Cooling: Central Air
  • Security: Security Lights
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Water Source: Public

Schools

  • Junior High Dist: Lake

Lot Info

  • Parcel #: H30-712-130401024000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Net Operating Income: 15047.0
  • Number Of Units Total: 2
  • Number Of Units Leased: 2
  • Annual Operating Expense: 6289.0
  • Total Actual Rent: 1778.0

MLS Schools

  • Elementary School: Lake
  • HighSchool: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2023
Closed on
Nov 30, 2023
Sold by
Bersticker Paul H
Bought by
Ab Properties Of Ohio Llc
Seller's Agent
Eric Puffenberger
W & R Property Management
Buyer's Agent
Tari Howard
Key Realty
List Price
$200,000
Sold Price
$168,200
Premium/Discount to List
-$31,800
-15.9%
Views
48
Current Estimated Value
$189,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,262
Avg. Annual Appreciation
8.51%

Purchase Details

Listed on
Jul 20, 2020
Closed on
Sep 2, 2020
Sold by
1717 Investments Llc
Bought by
Maa Imperium Llc
Seller's Agent
Megan Hornsby
Keller Williams Citywide
Buyer's Agent
Megan Hornsby
Keller Williams Citywide
List Price
$164,900
Sold Price
$155,000
Premium/Discount to List
-$9,900
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.68%
Original Mortgage
$124,000
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 21, 2012
Sold by
Wisniewski Donald
Bought by
1717 Investments Llc

Purchase Details

Closed on
Jul 11, 1991
Bought by
Wisniewski Donald D
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
Ab Properties Of Ohio Llc -- None Listed On Document
Maa Imperium Llc $155,000 Louisville Ttl Agcy For N W
1717 Investments Llc $12,613 Attorney
Wisniewski Donald D $68,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maa Imperium Llc $124,000
Previous Owner 1717 Investments Llc $81,429
Previous Owner 1717 Investments Llc $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2023 10/08/23 Pending -- -- --
10/06/2023 10/06/23 Sold $168,200 -15.9% $77 / Sq Ft
07/14/2023 07/14/23 For Sale $200,000 +29.0% $92 / Sq Ft
09/02/2020 09/02/20 Sold $155,000 -6.0% $71 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $164,900 -- $76 / 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 $2,821 $60,200 $11,900 $48,300
2023 $2,821 $60,200 $11,900 $48,300
2022 $2,423 $43,510 $9,800 $33,710
2021 $2,403 $43,510 $9,800 $33,710
2020 $2,314 $43,510 $9,800 $33,710
2019 $2,409 $41,760 $9,800 $31,960
2018 $2,407 $41,760 $9,800 $31,960
2017 $2,379 $41,760 $9,800 $31,960
2016 $2,320 $41,270 $9,800 $31,470
2015 $2,320 $41,270 $9,800 $31,470
2014 $2,444 $41,270 $9,800 $31,470
2013 $2,556 $41,270 $9,800 $31,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6104180

Northwest Ohio Real Estate Information Service (NORIS)

APN: H30-712-130401024000