$182,000
SOLD JUN 16, 2023

1523 Miami Ave Unit 1525 Fairborn, OH 45324

4 Beds
4 Baths
1,840 Sq Ft
3,125 Sq Ft Lot

Recently Sold

$99 Per Sq Ft

7% Below List Price

9 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Baseboard Heating
  • Patio

About This Home

As of June 2023

Nice well cared for 2 unit Duplex located close to Wright State & WPAFB. Each unit offers 2 bedrooms with a full bath upstairs and a 1/2 bath on the main floor. Each unit comes with a range & refrigerator. Both units are rented & do pay for their own use of utilities including water. Owner pays for mowing and snow removal. Property is sitting on 2 parcels.

Last Agent to Sell the Property

Theresa Jennings

RE/MAX Victory + Affiliates Brokerage Phone: (937) 874-5787 Listed on: 05/07/2023

RE/MAX Victory + Affiliates

Last Buyer's Agent

Sherma Sullivan

Red 1 Realty License #0000435096

Red 1 Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $85

Year Built

  • 1995

Lot Details

  • 3,125 Sq Ft Lot
  • Lot Dimensions are 25x125

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,840 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • No Garage
  • Private Parking

Outdoor Features

  • Patio

Utilities

  • Cooling Available
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electricity, gas, heat, sewer, water
  • Assessor Parcel Number A02000200140011500

Community Details

Overview

  • 2 Units
  • W V Heights Subdivision

Building Details

  • Gross Income $13,240
  • Net Operating Income $16,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$85

Year Built

1995

Lot Details

0

Listing Details

  • Major Appliances: Range, Refrigerator, Electric Water Heater
  • Cooling System: Window Unit(s)
  • Property Sub Type: Multi Family
  • Year Built: 1995
  • Attribution Contact: (937) 874-5787
  • Lot Size Acres: 0.0717
  • SecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: (937) 874-5787
  • MLS Status: Closed
  • Living Area: 1840.0
  • Master Plan Zoning: Multiple
  • Property Sub Type Additional: Multi Family
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Property Type: Residential Income
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Patio
  • Foundation Details: Slab
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, Private

Utilities

  • Heating: Baseboard, Electric
  • Utilities: Sewer Available, Water Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Fairborn

Lot Info

  • Lot Dimensions: 25x125
  • Lot Size Sq Ft: 3125.0
  • Parcel Number: A02000200140011500
  • Zoning Description: Multiple

Rental Info

  • Tenant Pays: Electricity, Gas, Heat, Sewer, Water

Multi Family

  • Annual Gross Income: 13240.0
  • Property Net Operating Income: 16140.0
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2023
Closed on
Jun 15, 2023
Sold by
Seiter Jr Robert F and Shearer Mary
Bought by
Ad2properties Llc
Seller's Agent
Theresa Jennings
RE/MAX Victory + Affiliates
Buyer's Agent
Sherma Sullivan
Red 1 Realty
List Price
$195,000
Sold Price
$182,000
Premium/Discount to List
-$13,000
-6.67%
Views
58
Current Estimated Value
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,000
Avg. Annual Appreciation
6.03%
Original Mortgage
$107,250
Outstanding Balance
$104,609
Interest Rate
6.39%
Mortgage Type
Construction
Estimated Equity
$103,391
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 Type Sale Price Title Company
Warranty Deed $182,000 Highmark Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $107,250 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Rented $950 0.0% --
04/22/2024 04/22/24 For Rent $950 0.0% --
06/16/2023 06/16/23 Sold $182,000 +1.2% $99 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
05/15/2023 05/15/23 Price Changed $179,900 -7.7% $98 / Sq Ft
05/07/2023 05/07/23 For Sale $195,000 -- $106 / Sq Ft
Source: Dayton 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 $85 $1,780 $1,780 $0
2023 $85 $1,780 $1,780 $0
2022 $78 $1,370 $1,370 $0
2021 $79 $1,370 $1,370 $0
2020 $80 $1,370 $1,370 $0
2019 $83 $1,430 $1,430 $0
2018 $84 $1,430 $1,430 $0
2017 $83 $1,430 $1,430 $0
2016 $84 $1,430 $1,430 $0
2015 $80 $1,430 $1,430 $0
2014 $77 $1,430 $1,430 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Dayton REALTORS®

MLS Number: 885479

Dayton REALTORS®

APN: A02-0002-0014-0-0116-00