NOT LISTED FOR SALE

1511 Mohawk Dr Madison, OH 44057

Estimated Value: $160,000 - $297,000

4 Beds
2 Baths
1,404 Sq Ft
$151/Sq Ft Est. Value

Last Sold May 18, 2018

Last sale price $78,000 $56 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $1,390/month

117 Days on Market

Highlights

  • City View
  • Community Playground
  • Baseboard Heating
  • 1 Car Detached Garage
  • Park
  • 4-minute walk to Madison Township Park

About This Home

As of May 2018

Madison Duplex Available - Perfect Opportunity to live in one unit & rent out the other for additional income! This affordably priced home has a lot to offer with over 1400 sq ft, 4 total bedrooms, 2 baths, nicely sized lot, and a detached storage garage! The downstairs unit is a 3 bed / 1 bath with a nice layout, eat in kitchen, large living room & a laundry room. It was completely remodeled approximately 4 years ago. The 2nd floor unit was remodeled in 2017 with newer flooring, baseboard electric heat, hot water tank, paint throughout, and updated bathroom. It's an efficiency unit with 1 bedroom, 1 bath, a living room and a kitchen. Gross annual rental income currently is $13,860. Owner pays the water/sewer and trash utilities, tenants pay electric and gas.

Last Agent to Sell the Property

Shawni Marich

Platinum Real Estate License #2016001879 Listed on: 11/29/2017

Last Buyer's Agent

Susanne Horvath

Century 21 Homestar License #2005014188

Century 21 Homestar

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,946

Year Built

  • Built in 1953

Lot Details

  • 4,282 Sq Ft Lot
  • West Facing Home
  • Partially Fenced Property
  • Privacy Fence
  • Unpaved Streets

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,404 Sq Ft Home
  • 1.5-Story Property
  • City Views
  • Crawl Space

Kitchen

  • Built-In Oven
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Assigned Parking

Utilities

  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 01-B-098-B-00-063-0

Community Details

Overview

  • 2 Units
  • Parkview Allotment Community

Recreation

  • Community Playground
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,946

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: West
  • Price Per Square Foot: 55.56
  • Estimated Price per Sq Ft: 55.56
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 1404
  • Year Built: 1953
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1953

Interior Features

  • Appliances Equipment: Wall Oven, Range
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Crawl
  • Sq Ft Approx Above Grade Finished: 1404.00
  • Sq Ft Approx Total Finished: 1404.00

Exterior Features

  • View: City View
  • Exterior: Vinyl
  • Fences: Partial, Privacy
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Assigned/Reserved, Detached, Unit Garage
  • Garage Num Of Cars: 1

Utilities

  • Heating Fuel: Electric, Gas
  • Heating Type: Baseboard, Hot Water/Steam
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Park, Playground

Condo/Co-op/Association

  • Subdivision Complex: Parkview Allotment

Fee Information

  • Op Expenses: 1600.00

Schools

  • School District: Madison LSD

Lot Info

  • Additional Assessor Parcel Number 1: 01B098B000640
  • Lot Size Units: Acres
  • Acres: 0.0983
  • Parcel Number: 01-B-098-B-00-063-0

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Gas

Multi Family

  • Unit Count: 2
  • Gross Income: 13860.00
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1946

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2017
Closed on
May 16, 2018
Sold by
Soltis Jennifer and Soltis Paul
Bought by
Potter Van Thi Thuy and Potter David
Seller's Agent
Shawni Marich
Platinum Real Estate
Buyer's Agent
Susanne Horvath
Century 21 Homestar
List Price
$85,000
Sold Price
$78,000
Premium/Discount to List
-$7,000
-8.24%
Current Estimated Value
$212,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,008
Avg. Annual Appreciation
14.36%
Original Mortgage
$76,587
Outstanding Balance
$67,687
Interest Rate
5.62%
Mortgage Type
FHA
Estimated Equity
$144,321

Purchase Details

Listed on
Nov 29, 2017
Closed on
May 15, 2018
Sold by
Kovach Marlene S and Kovach Alex D
Bought by
Soltis Jennifer
Seller's Agent
Shawni Marich
Platinum Real Estate
Buyer's Agent
Susanne Horvath
Century 21 Homestar
List Price
$85,000
Sold Price
$78,000
Premium/Discount to List
-$7,000
-8.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,587
Outstanding Balance
$67,687
Interest Rate
5.62%
Mortgage Type
FHA
Estimated Equity
$144,321

Purchase Details

Closed on
Feb 28, 1985
Bought by
Kovach Alex D
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Potter Van Thi Thuy $78,000 Chicago Title Agency
Soltis Jennifer $57,500 Chicago Title Agency
Kovach Alex D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potter Van Thi Thuy $76,587
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2018 05/18/18 Sold $78,000 -2.5% $56 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
02/28/2018 02/28/18 Price Changed $80,000 -5.9% $57 / Sq Ft
11/29/2017 11/29/17 For Sale $85,000 -- $61 / 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
2024 -- $41,820 $6,520 $35,300
2023 $3,300 $29,690 $5,590 $24,100
2022 $1,916 $29,690 $5,590 $24,100
2021 $1,912 $29,440 $5,340 $24,100
2020 $1,842 $24,940 $4,520 $20,420
2019 $1,815 $24,940 $4,520 $20,420
2018 $1,673 $23,360 $4,520 $18,840
2017 $1,749 $23,360 $4,520 $18,840
2016 $1,597 $23,360 $4,520 $18,840
2015 $1,436 $23,360 $4,520 $18,840
2014 $1,469 $23,360 $4,520 $18,840
2013 $1,472 $23,360 $4,520 $18,840
Source: Public Records

Agents Affiliated with this Home

  • Shawni Marich

    Seller's Agent in 2018

    Shawni Marich

    Platinum Real Estate

    (440) 994-9538

    8 in this area

    198 Total Sales

    Shawni Marich
    Section Image
  • Susanne Horvath

    Buyer's Agent in 2018

    Susanne Horvath

    Century 21 Homestar

    (440) 994-0018

    6 in this area

    118 Total Sales

    Susanne Horvath
    Section Image
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Map

Source: MLS Now

MLS Number: 3959052

MLS Now

APN: 01-B-098-B-00-063

Ohio Lake County Madison 44057

1511 Mohawk Dr, Madison, OH

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