NOT LISTED FOR SALE

1402 Center Rd New Franklin, OH 44216

Estimated Value: $346,000 - $404,000

6 Beds
4 Baths
3,200 Sq Ft
$117/Sq Ft Est. Value

Last Sold November 12, 2019

Last sale price $207,500 $65 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,540/month

136 Days on Market

Highlights

  • 2.1 Acre Lot
  • 4 Car Direct Access Garage
  • Forced Air Heating and Cooling System
  • Nolley Elementary School Rated A-

About This Home

As of November 2019

Investment opportunity knocks in the city of New Franklin, Manchester Local School District. Very well-maintained duplex built in 2003. Currently rented for $1,100 per side. Gross yearly rent is $26,400. Each unit is comprised of 3 bedrooms and 2 1/2 bathrooms. The master bedroom has a private master bathroom attached. Over 1,600 sq. ft. of living space per unit. Attached garage. Modern kitchen and appliances. Double deck overlooking the 2-acre lot. Many other quality upgrades throughout. Don’t miss out on this opportunity.

Last Agent to Sell the Property

Robert Young III

Kiko License #2008000962 Listed on: 04/19/2019

Last Buyer's Agent

Lisa Hughes

RE/MAX Trends Realty License #2016001415

RE/MAX Trends Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,154

Year Built

  • Built in 2003

Lot Details

  • 2.1 Acre Lot

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 4 Car Direct Access Garage
  • Garage Drain
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Septic Tank

Community Details

  • 2 Units
  • Hearthside Properties Community

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas
  • Assessor Parcel Number 2305241

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,154

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 64.84
  • Estimated Price per Sq Ft: 64.84
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 3200
  • Year Built: 2003
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 2003

Interior Features

  • Appliances Equipment: Dishwasher, Microwave, Range, Refrigerator
  • Total Bedrooms: 6
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement Detail: Full
  • Sq Ft Approx Above Grade Finished: 3200.00
  • Sq Ft Approx Total Finished: 3200.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Access from Unit, Attached, Door Opener, Drain, Electric
  • Garage Num Of Cars: 4

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Well, Septic

Condo/Co-op/Association

  • Subdivision Complex: Hearthside Properties

Schools

  • School District: Manchester LSD
  • School District: Manchester LSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 2.1000
  • Parcel Number: 2305241

Rental Info

  • Tenant Pays: Cable/Electric Link, Electric, Gas

Multi Family

  • Unit Count: 1
  • Gross Income: 26400.00
  • Num Of Buildings: 1
  • Number of Units: 2

Tax Info

  • Tax: 4154

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2020
Sold by
Unknown
Bought by
Rodjom Paul J and Rodjom Catherine M
Total Days on Market
136
Current Estimated Value
$374,701

Purchase Details

Listed on
Apr 19, 2019
Closed on
Nov 12, 2019
Sold by
Papadeonise John R and Papadeonise Christine L
Bought by
Rodjom Paul J and Rodjom Catherine M
Seller's Agent
Robert Young III
Kiko
Buyer's Agent
Lisa Hughes
RE/MAX Trends Realty
List Price
$239,000
Sold Price
$207,500
Premium/Discount to List
-$31,500
-13.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.15%
Original Mortgage
$100,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 19, 2019
Closed on
Nov 8, 2019
Sold by
Papadeonise John R and Papadeonise Christine L
Bought by
Rodjom Paul J and Rodjom Catherine M
Seller's Agent
Robert Young III
Kiko
Buyer's Agent
Lisa Hughes
RE/MAX Trends Realty
List Price
$239,000
Sold Price
$207,500
Premium/Discount to List
-$31,500
-13.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2016
Sold by
Anderson Todd M and Anderson Misty
Bought by
Papadeonise John R and Papadeonise Christine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,625
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2013
Closed on
Jun 17, 2013
Sold by
Malagrida Paul E
Bought by
Fifth Thrird Mortgage Co
Buyer's Agent
John Scaglione
Coldwell Banker Schmidt Realty
List Price
$182,900
Sold Price
$174,900
Premium/Discount to List
-$8,000
-4.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%

Purchase Details

Listed on
Jan 18, 2013
Closed on
Jun 11, 2013
Sold by
Fifth Third Mortgage Co
Bought by
Anderson Todd M
Buyer's Agent
John Scaglione
Coldwell Banker Schmidt Realty
List Price
$182,900
Sold Price
$174,900
Premium/Discount to List
-$8,000
-4.37%

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

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Range of Values:

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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
Rodjom Paul J -- --
Rodjom Paul J $207,500 Chicago Title
Rodjom Paul J $207,500 Chicago Title
Papadeonise John R $240,000 Patriot Title Agency Inc
Fifth Thrird Mortgage Co $122,000 None Available
Anderson Todd M $174,900 None Available
Malagrida Paul E -- Bond & Associates Title Agen
Malagrida Paul E $320,000 Bond & Associates Title Agen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodjom Paul J $100,000
Previous Owner Rodjom Paul J $100,000
Previous Owner Papadeonise John R $176,625
Previous Owner Malagrida Paul E $256,000
Previous Owner Malagrida Paul E $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2019 11/12/19 Sold $207,500 0.0% $65 / Sq Ft
09/02/2019 09/02/19 Off Market $207,500 -- --
09/02/2019 09/02/19 Pending -- -- --
08/14/2019 08/14/19 For Sale $239,000 0.0% $75 / Sq Ft
08/05/2019 08/05/19 Pending -- -- --
07/12/2019 07/12/19 Price Changed $239,000 -8.0% $75 / Sq Ft
04/19/2019 04/19/19 For Sale $259,900 +48.6% $81 / Sq Ft
07/17/2013 07/17/13 Sold $174,900 -4.4% $55 / Sq Ft
03/04/2013 03/04/13 Pending -- -- --
01/18/2013 01/18/13 For Sale $182,900 -- $57 / 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 $5,364 $106,411 $15,484 $90,927
2024 $5,364 $106,411 $15,484 $90,927
2023 $5,364 $106,411 $15,484 $90,927
2022 $6,035 $93,335 $11,557 $81,778
2021 $6,094 $93,335 $11,557 $81,778
2020 $5,588 $86,770 $11,560 $75,210
2019 $4,789 $66,490 $9,530 $56,960
2018 $4,145 $66,490 $9,530 $56,960
2017 $3,997 $66,490 $9,530 $56,960
2016 $3,950 $58,920 $9,530 $49,390
2015 $3,997 $58,920 $9,530 $49,390
2014 $3,967 $58,920 $9,530 $49,390
2013 $4,341 $64,000 $9,530 $54,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4088871

MLS Now

APN: 23-05241