NOT LISTED FOR SALE

1411 Carr St Sandusky, OH 44870

Estimated Value: $134,000 - $175,312

4 Beds
2 Baths
-- Sq Ft
5,676 Sq Ft Lot

Last Sold August 19, 2021

Last sale price $101,000

Est. 54% increase in value since last sale

Current estimated payment $965/month

14 Days on Market

Highlights

  • 1 Car Garage
  • Wood Siding
  • Heating System Uses Natural Gas

About This Home

As of August 2021

Great investment opportunity! 3 BR up/2 BR dwn. Operating expenses of $3508 includes gas/water/garbage. Current rents CAP RATE approximately 12.4%. Potential market rents 950 up/800 dwn puts CAP RATE at approx 16%. Owner pays heat, water and garbage. Tenant pays electric. Property went through county lead abatement. 800 Sq Ft BONUS BUILDING IN REAR. Currently being used as storage however it was once used as a third unit. Has a separate breaker box, and utilities. Do to current zoning regulations this building can never be rented separately, however, there are tons of possibilities! Second floor unit currently under lease, once carpet is installed tenant will move in.

Last Agent to Sell the Property

Jeff Smith

BHHS Professional Realty License #2016001649 Listed on: 06/16/2021

BHHS Professional Realty

Co-Listed By

Default zSystem

zSystem Default

Last Buyer's Agent

Jeff Smith

BHHS Professional Realty License #2016001649 Listed on: 06/16/2021

BHHS Professional Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,486

Year Built

  • Built in 1915

Lot Details

  • 5,676 Sq Ft Lot
  • Lot Dimensions are 44 x 129

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Wood Siding
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 5802335000

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $3,508
  • Gross Income $17,100
  • Net Operating Income $13,592

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,486

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • PropertySubType: Duplex
  • PropertyType: Residential Income
  • Lot Size Acres: 0.1303
  • Total Gross Income: 17100
  • MLS Status: Sold
  • Year Built: 1915
  • Tax Year: 2020
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full

Exterior Features

  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Wood Siding
  • Foundation Details: Basement

Garage/Parking

  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Attached Garage: Yes
  • Total Parking Spaces: 1

Utilities

  • Cooling Y N: No
  • Heating: Natural Gas, Hot Water
  • HeatingYN: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
  • Water Source: Public

Schools

  • Junior High Dist: Sandusky

Lot Info

  • Lot Dimensions: 44 x 129
  • Lot Size Sq Ft: 5675.868
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 5802335000
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 13592
  • Annual Operating Expense: 3508

Tax Info

  • Tax Annual Amount: 1486.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Aug 19, 2021
Sold by
Swinker Ventures Llc
Bought by
Bexley Star Holdings Llc
Seller's Agent
Jeff Smith
BHHS Professional Realty
Buyer's Agent
Jeff Smith
BHHS Professional Realty
List Price
$109,900
Sold Price
$101,000
Premium/Discount to List
-$8,900
-8.1%
Current Estimated Value
$155,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,078
Avg. Annual Appreciation
10.78%
Original Mortgage
$80,800
Outstanding Balance
$73,250
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$81,828
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
Bexley Star Holdings Llc $101,000 Southern Title Of Ohio Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bexley Star Holdings Llc $80,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2021 08/19/21 Sold $101,000 -8.1% --
06/30/2021 06/30/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $109,900 -- --
Source: Firelands Association 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 $1,842 $46,756 $3,580 $43,176
2023 $1,842 $33,218 $2,863 $30,355
2022 $1,684 $33,225 $2,863 $30,362
2021 $1,700 $33,220 $2,860 $30,360
2020 $1,486 $26,700 $2,860 $23,840
2019 $1,528 $26,700 $2,860 $23,840
2018 $1,530 $26,700 $2,860 $23,840
2017 $1,614 $28,080 $3,080 $25,000
2016 $1,613 $28,080 $3,080 $25,000
2015 $1,461 $28,080 $3,080 $25,000
2014 $1,596 $30,850 $3,080 $27,770
2013 $1,580 $30,850 $3,080 $27,770
Source: Public Records

Agents Affiliated with this Home

  • Jeff Smith

    Seller's Agent in 2021

    Jeff Smith

    BHHS Professional Realty

    (419) 239-3472

    189 in this area

    230 Total Sales

    Jeff Smith
    Section Image

  • D

    Seller Co-Listing Agent in 2021

    Default zSystem

    zSystem Default

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Map

Source: Firelands Association of REALTORS®

MLS Number: 20212473

APN: 58-02335-000

Ohio Erie County Sandusky 44870

1411 Carr St, Sandusky, OH

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