NOT LISTED FOR SALE

1441 Towers Rd Oregon, OH 43616

-- Bed
-- Bath
6,381 Sq Ft
0.38 Acres

Last Sold April 08, 2021

Last sale price $170,000 $27 Per Sq Ft

104 Days on Market

Highlights

  • Built in 1913 | Newly Remodeled
  • Window Unit Cooling System
  • Forced Air Heating System

About This Home

As of April 2021

RARE OREGON 5 UNIT IN A RESIDENTIAL NEIGHBORHOOD. A TOTAL OF 5 UNITS - UNITS #2 AND #4 ARE RENTED. UNITS #1 IS VACANT AND AVAILABLE FOR SHOWINGS & IS RENT-READY. 4 UNIT BUILDING w/A 2 BED 1 BATH HOME IN THE BACK-ALL ON A LARGE LOT. GUEST PARKING IN FRONT-RESIDENT PARKING IN BACK. COMPLETE NEW ROOF IN 2008. VINYL SIDING. SEPARATE GAS & ELECTRIC FOR ALL UNITS. 2 NEW 6" CLEAN OUTS. NEWER VINYL WINDOWS IN UNITS #2, #4, & BACK OF HOUSE. NEW COPPER WATER LINE FROM STREET INSTALLED LAST YEAR. RENTS COULD BE HIGHER. CURRENT OWNER OF 25 YEARS. MONTHLY EXPENSES: TAXES=$282.54 WATER=$93 INSURANCE-$189

Last Agent to Sell the Property

Gary Harmon

Loss Realty Group License #0000421301 Listed on: 12/17/2020

Last Buyer's Agent

Gary Harmon

Loss Realty Group License #0000421301 Listed on: 12/17/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,391

Year Built

  • Built in 1913 | Newly Remodeled

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 60x260

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 6,381 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Parking

  • 10 Parking Spaces
  • Driveway
  • Parking Lot

Schools

  • Coy Elementary School
  • Clay High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $2,495
  • Tenant pays for electricity, gas
  • The owner pays for lawn care, snow removal, taxes, water
  • Tax Lot 9
  • Assessor Parcel Number 44-65017
  • $18 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 5 Units
  • Ketchams Little Farms Subdivision

Building Details

  • 4 Leased Units
  • Operating Expense $6,802
  • Net Operating Income $21,518

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,391

Year Built

Built in 1913 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1913
  • Lot Size Acres: 0.38
  • Lot Size: 60x260
  • Subdivision Name: Ketchams Little Farms
  • Carport Y N: No
  • New Construction: Yes
  • Status Change Information: Status Change Timestamp: 2021-04-08
  • Special Features: 4098

Interior Features

  • Number Of Buildings: 2
  • Owner Pays: Lawn Care, Snow Removal, Taxes, Water
  • Has Basement: Full
  • Basement YN: Yes
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Disclosures: Lead Based Paint Disclosure, Property Disclosure
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot, Other, Driveway
  • Total Parking Spaces: 10.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Sanitary Sewer, Storm Sewer
  • Appliances: Water Heater, Refrigerator
  • Cooling: Window Unit(s)
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Water Source: Public

Schools

  • Junior High Dist: Oregon

Lot Info

  • Lot Size Sq Ft: 16527.0
  • Parcel #: 44-65017
  • Zoning: 40-R2

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Net Operating Income: 21518.0
  • Number Of Units Total: 5
  • Number Of Units Leased: 4
  • Annual Operating Expense: 6802.0
  • Total Actual Rent: 2495.0

Tax Info

  • Tax Lot: 9

MLS Schools

  • Elementary School: Coy
  • HighSchool: Clay

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2021 04/08/21 Sold $170,000 -14.4% $27 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
02/03/2021 02/03/21 Price Changed $198,500 -0.5% $31 / Sq Ft
12/17/2020 12/17/20 For Sale $199,500 -- $31 / 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
2025 -- $50,155 $4,935 $45,220
2024 $3,916 $50,155 $4,935 $45,220
2023 $4,471 $52,500 $3,115 $49,385
2022 $4,458 $52,500 $3,115 $49,385
2021 $3,588 $41,615 $3,255 $38,360
2020 $3,447 $38,395 $3,115 $35,280
2019 $3,390 $38,395 $3,115 $35,280
2018 $3,264 $38,395 $3,115 $35,280
2017 $3,241 $36,575 $8,855 $27,720
2016 $3,207 $104,500 $25,300 $79,200
2015 $3,189 $104,500 $25,300 $79,200
2014 $4,510 $36,580 $8,860 $27,720
2013 $3,007 $36,580 $8,860 $27,720
Source: Public Records

Agents Affiliated with this Home

  • Gary Harmon

    Seller's Agent in 2021

    Gary Harmon

    Loss Realty Group

    (419) 917-3989

    4 in this area

    212 Total Sales

    Gary Harmon
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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6064662

Northwest Ohio Real Estate Information Service (NORIS)
Ohio Lucas County Oregon 43616

1441 Towers Rd, Oregon, OH

Not Listed for Sale

MultiFamily

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