NOT LISTED FOR SALE

1502 State Route 113 E Milan, OH 44846

Estimated Value: $125,000 - $210,000

2 Beds
1 Bath
-- Sq Ft
0.75 Acres

Last Sold February 25, 2019

Last sale price $73,500

Est. 61% increase in value since last sale

Current estimated payment $771/month

194 Days on Market

Highlights

  • 1 Car Detached Garage
  • Window Unit Cooling System
  • 1-Story Property
  • Thermal Pane Windows
  • Accessible Doors
  • Forced Air Heating System

About This Home

As of February 2019

OPPORTUNITY KNOCKS. CURRENTLY GENERATING $1,100/MONTH INCOME. TENANTS PAY UTILITIES. Own 2 homes for 1 price. Homes situated side by side on 3/4 acre lot each with it's own septic system. Currently using well water, therefore no water or sewer bills. Rural water is available at the road. At least 24 hour notice to show.

Last Agent to Sell the Property

Rob Routh

The Holden Agency-Routh Realty License #399181 Listed on: 08/11/2018

The Holden Agency-Routh Realty

Co-Listed By

Paul DeFazio

The Holden Agency-Routh Realty License #2015005621

Last Buyer's Agent

Annette Wilcox

Century 21 Wilcox & Associates License #2011000737

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,261

Year Built

  • Built in 1920

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 115 x 185.4

Parking

  • 1 Car Detached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Thermal Pane Windows
  • Partial Basement

Accessible Home Design

  • Accessible Doors

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Well
  • Septic Tank

Community Details

  • 2 Units
  • Gross Income $13,200

Listing and Financial Details

  • Assessor Parcel Number 5000314.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,261

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • PropertySubType: Multi Family
  • PropertyType: Residential Income
  • Lot Size Acres: 0.75
  • Total Gross Income: 13200
  • Co List Office Mls Id: F03801
  • MLS Status: Sold
  • Directions: Church Road (SR 113) east past Riley Road. Homes located on the south side of the road
  • Accessibility Features: Accessible Doors
  • Carport Y N: No
  • Interior Features: Ceiling Fan(s)
  • Unit Levels: One
  • Window Features: Thermo Pane
  • Year Built: 1920
  • Tax Year: 2018
  • Master Plan Zoning: SFR 510
  • Financial Info Electric: 100 Amp Service
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Attached Garage: Yes
  • Parking Features: Detached
  • Total Parking Spaces: 1

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Connected
  • Water Source: Well

Schools

  • Junior High Dist: Edison

Lot Info

  • Lot Dimensions: 115 x 185.4
  • Lot Size Sq Ft: 32670
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 5000314.000
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1260.9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2019
Sold by
Oeder Charles J
Bought by
Lola Oeder Design Llc
Current Estimated Value
$118,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.82%

Purchase Details

Listed on
Aug 11, 2018
Closed on
Feb 22, 2019
Sold by
Hutchins Clarence E and Hutchins Sandra
Bought by
Oeder Charles J and Oeder Laura
Seller's Agent
Rob Routh
The Holden Agency-Routh Realty
Buyer's Agent
Annette Wilcox
Century 21 Wilcox & Associates
List Price
$84,900
Sold Price
$73,500
Premium/Discount to List
-$11,400
-13.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%

Purchase Details

Closed on
Jan 1, 1987
Bought by
Hutchins Clarence E
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
Lola Oeder Design Llc -- --
Oeder Charles J $73,500 First American Title
Hutchins Clarence E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lola Oeder Design Llc --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2019 02/25/19 Sold $73,500 -13.4% --
02/21/2019 02/21/19 Pending -- -- --
08/11/2018 08/11/18 For Sale $84,900 -- --
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 $1,432 $36,645 $11,473 $25,172
2023 $1,432 $27,373 $9,058 $18,315
2022 $1,179 $27,373 $9,058 $18,315
2021 $1,172 $27,380 $9,060 $18,320
2020 $1,116 $25,560 $9,060 $16,500
2019 $1,158 $25,560 $9,060 $16,500
2018 $1,217 $25,560 $9,060 $16,500
2017 $1,261 $26,030 $12,560 $13,470
2016 $1,251 $26,030 $12,560 $13,470
2015 $1,234 $26,030 $12,560 $13,470
2014 $1,248 $26,030 $12,560 $13,470
2013 $1,232 $26,030 $12,560 $13,470
Source: Public Records

Agents Affiliated with this Home

  • Rob Routh

    Seller's Agent in 2019

    Rob Routh

    The Holden Agency-Routh Realty

    (419) 656-4000

    46 Total Sales

    Section Image

  • P

    Seller Co-Listing Agent in 2019

    Paul DeFazio

    The Holden Agency-Routh Realty

    Section Image
  • Annette Wilcox

    Buyer's Agent in 2019

    Annette Wilcox

    Century 21 Wilcox & Associates

    (419) 681-1318

    168 Total Sales

    Section Image

  • D

    Buyer Co-Listing Agent in 2019

    Default zSystem

    zSystem Default

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Map

Source: Firelands Association of REALTORS®

MLS Number: 20183919

APN: 50-00314-000

Ohio Erie County Milan 44846

1502 State Route 113 E, Milan, OH

This home is located at 1502 State Route 113 E, Milan, OH 44846 since 11 August 2018 and is currently estimated at $157,667. This property was built in 1920. 1502 State Route 113 E is a home located in Erie County with nearby schools including Edison Elementary School (Formerly Milan Elementary), Edison Middle School (Formerly Berlin-Milan Middle School), and Edison High School.

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