$377,500
SOLD JUL 18, 2024

1382 Center Rd New Franklin, OH 44216

6 Beds
6 Baths
3,176 Sq Ft
2.13 Acres

Recently Sold

$119 Per Sq Ft

2% Below List Price

8 Days on Market

Highlights

  • 2.13 Acre Lot
  • 4 Car Attached Garage
  • Water Softener
  • Nolley Elementary School Rated A-
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of July 2024

Wonderful, updated 2003 duplex in New Franklin on 2 acres close to all the Portage Lakes amenities. Each side features 3 bedrooms, 2.5 bathrooms and 2 car garages. Upon entry the updated flooring stuns, with engineered hardwood in one unit (1380) and bamboo flooring in the other (1382). The spacious living rooms are open to the kitchen area. The kitchens highlight SS appliances, updated countertops, stylish backsplash and plenty of room for dining. The bathrooms have also all been renovated with new vanities and flooring. The main bedrooms have adjoining ensuite bathrooms. Two additional bedrooms and full bath complete the main levels of each unit. The lower levels include carpeted recreation rooms, laundry area and half baths. Sliding doors from the kitchen and walk out lower level lead to freshly painted decks. Tenants pay gas, electric and handle the lawn care and snow removal. The washer and dryers belong to the tenants. Landlord provides maintenance to the mechanicals and septic and well including water softener salt and trash pickup. There is one septic and one well that service the building. Interior photos are after renovations in 2022-23 and prior to tenant occupancy. Gross annual rents are $39,000. Don't miss this opportunity!

Last Agent to Sell the Property

Elise Stidd

Keller Williams Chervenic Rlty Brokerage Email: elisestidd@kw.com 216-536-6626 License #2005008030 Listed on: 06/03/2024

Keller Williams Chervenic Rlty

Co-Listed By

Anthony Stidd

Keller Williams Chervenic Rlty Brokerage Email: elisestidd@kw.com 216-536-6626 License #2023006606

Last Buyer's Agent

MUHAMMAD ALI

Russell Real Estate Services License #2016002545

Russell Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,914

Year Built

  • Built in 2003

Lot Details

  • 2.13 Acre Lot

Parking

  • 4 Car Attached Garage
  • Additional Parking

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Finished Basement
  • Laundry in Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Water Softener
  • Septic Tank

Community Details

  • Franklin Sec 22 Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, grounds care, internet, snow removal
  • Assessor Parcel Number 2305468

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,914

Year Built

Built in 2003

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 2003
  • Attribution Contact: elisestidd@kw.com 216-536-6626
  • Co List Office Mls Id: C50503
  • Co List Office Phone: 330-836-4300
  • Subdivision Name: Franklin Sec 22
  • Above Grade Finished Sq Ft: 2216.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two, One
  • Tax Year: 2023
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Walk-Out Access
  • Basement: Yes
  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Water Softener
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 960.0
  • Stories: 1

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 2.129
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Additional Parking, Attached, Garage

Utilities

  • LaundryFeatures: In Basement, In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Well

Schools

  • Junior High Dist: Manchester LSD Summit- 7706

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 2305468
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care, Internet, Snow Removal

Multi Family

  • Gross Income: 39000.0

Tax Info

  • Tax Annual Amount: 5914.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2024
Closed on
Jul 17, 2024
Sold by
Vance Charles
Bought by
Yousuf Mohammad
Seller's Agent
Elise Stidd
Keller Williams Chervenic Rlty
Buyer's Agent
MUHAMMAD ALI
Russell Real Estate Services
List Price
$385,000
Sold Price
$377,500
Premium/Discount to List
-$7,500
-1.95%
Total Days on Market
8
Views
19
Current Estimated Value
$378,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,295
Avg. Annual Appreciation
0.39%
Original Mortgage
$358,625
Outstanding Balance
$355,912
Interest Rate
6.99%
Mortgage Type
Credit Line Revolving
Estimated Equity
$22,883

Purchase Details

Closed on
Sep 24, 2019
Sold by
Papadeonise John R
Bought by
Vance Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,924
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Closed on
May 10, 2018
Sold by
Papadeonise John Jeffrey
Bought by
Papadeonise John R

Purchase Details

Closed on
Oct 1, 2014
Sold by
Rac Summit Investments Llc
Bought by
Papadeonise John R and Papadeonise John Jeffery

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,750
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2014
Sold by
Fifth Third Mortgage Co
Bought by
Rac Summit Investments Llc and Emp Essential Management Properties Llc

Purchase Details

Closed on
Nov 8, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Fifth Third Mortgage Co

Purchase Details

Closed on
Oct 1, 2013
Sold by
Malagrida Paul E
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 15, 2003
Sold by
Malagrida Paul E
Bought by
Malagrida Paul E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $377,500 None Listed On Document
Warranty Deed $225,000 Newman Title Agency Ltd
Warranty Deed $197,323 None Available
Survivorship Deed $217,000 Athena Box Village Title
Special Warranty Deed $140,000 Servicelink
Quit Claim Deed $181,130 Servicelink
Sheriffs Deed $118,000 None Available
Interfamily Deed Transfer -- Bond & Associates Title Agen
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $358,625 Credit Line Revolving
Previous Owner $248,778 FHA
Previous Owner $6,583 FHA
Previous Owner $6,583 FHA
Previous Owner $220,924 FHA
Previous Owner $162,750 New Conventional
Previous Owner $256,000 Unknown
Previous Owner $230,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2024 07/18/24 Sold $377,500 -1.9% $119 / Sq Ft
06/12/2024 06/12/24 Pending -- -- --
06/03/2024 06/03/24 For Sale $385,000 -- $121 / Sq Ft
Source: MLS Now

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
2025 $5,914 $116,124 $15,810 $100,314
2024 $5,914 $116,124 $15,810 $100,314
2023 $5,914 $116,124 $15,810 $100,314
2022 $5,741 $87,347 $11,799 $75,548
2021 $5,723 $87,347 $11,799 $75,548
2020 $5,763 $87,350 $11,800 $75,550
2019 $4,678 $65,030 $9,640 $55,390
2018 $4,048 $65,030 $9,640 $55,390
2017 $4,043 $65,030 $9,640 $55,390
2016 $3,996 $58,040 $9,640 $48,400
2015 $4,043 $58,040 $9,640 $48,400
2014 $3,984 $58,040 $9,640 $48,400
2013 $4,288 $63,400 $9,640 $53,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5040477

MLS Now

APN: 23-05468