NOT LISTED FOR SALE

154 Washington St Cygnet, OH 43430

Estimated Value: $193,242 - $271,000

4 Beds
2 Baths
2,204 Sq Ft
$108/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $159,900 $73 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,429/month

4 Days on Market

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Carpet

About This Home

As of November 2021

Duplex tenants purchased a home and moved out, so landlord is using the opportunity to market it while it is vacant. Property has always leased easily. Totally gutted, renovated and new stairway to the upstairs was started around 2002 and completed about 2008. Very dry basement had new tile around foundation and routed to storm sewer. Insulation between floors for sound proofing. Upper unit is all electric, lower unit has gas heat and water heater. All separate utilities, each unit has its own deck, porch and storage unit. Very good condition inside and out.

Last Agent to Sell the Property

Timothy Westhoven

A.A. Green Realty, Inc. License #0000418531 Listed on: 09/13/2021

Last Buyer's Agent

Timothy Westhoven

A.A. Green Realty, Inc. License #0000418531 Listed on: 09/13/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,358

Year Built

  • Built in 1900

Lot Details

  • 4,230 Sq Ft Lot
  • Lot Dimensions are 60x141

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,204 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Partial Basement
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Parking

  • 7 Parking Spaces
  • Driveway

Schools

  • Elmwood Elementary School
  • Elmwood High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $1,300
  • Tenant pays for electricity, gas, sewer, snow removal, trash collection
  • The owner pays for exterior maintenance, lawn care, repairs, taxes
  • Tax Lot 77 & 78
  • Assessor Parcel Number A05-311-060311042000
  • $4 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $2,158
  • Net Operating Income $13,442

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,358

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1900
  • Lot Size Acres: 0.1
  • Lot Size: 60x141
  • Subdivision Name: None
  • Carport Y N: No
  • Structure Type: Duplex
  • Status Change Information: Status Change Timestamp: 2021-11-19
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Number Of Buildings: 1
  • Owner Pays: Exterior Maintenance, Lawn Care, Repairs, Taxes
  • Has Basement: Partial
  • 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: Gravel, None, Driveway
  • Total Parking Spaces: 7.0

Utilities

  • Heating: Electric, Forced Air, Natural Gas, Radiant
  • Utilities: Cable Connected
  • Sewer: Sanitary Sewer
  • Appliances: Dishwasher, Microwave, Water Heater, Disposal, Dryer, Electric Range Connection, Refrigerator, Washer
  • Cooling: Wall Unit(s)
  • Laundry Features: Electric Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Water Source: Public

Schools

  • Junior High Dist: Elmwood

Lot Info

  • Lot Size Sq Ft: 4230.0
  • Parcel #: A05-311-060311042000

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Snow Removal, Trash Collection

Multi Family

  • Net Operating Income: 13442.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 2158.0
  • Total Actual Rent: 1300.0

Tax Info

  • Tax Lot: 77 & 78

MLS Schools

  • Elementary School: Elmwood
  • HighSchool: Elmwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Nov 22, 2021
Sold by
P & S Properties Llc
Bought by
Ahrns Investments Llc
Seller's Agent
Timothy Westhoven
A.A. Green Realty, Inc.
Buyer's Agent
Timothy Westhoven
A.A. Green Realty, Inc.
List Price
$159,900
Sold Price
$159,900
Current Estimated Value
$238,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,411
Avg. Annual Appreciation
10.07%
Original Mortgage
$170,000
Outstanding Balance
$155,776
Interest Rate
2.99%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$82,535

Purchase Details

Closed on
Aug 5, 2021
Sold by
Mcclure Pat D
Bought by
P & S Properties Llc

Purchase Details

Closed on
Nov 7, 1996
Sold by
Jacqueline B Simon
Bought by
Samuel L Cotterman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 1987
Bought by
Suvak Jacqueline B
Source: Public Records

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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Purchase History

Date Buyer Sale Price Title Company
Ahrns Investments Llc $159,900 None Available
P & S Properties Llc -- None Available
Samuel L Cotterman $50,500 --
Suvak Jacqueline B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahrns Investments Llc $170,000
Previous Owner Samuel L Cotterman $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2021 11/19/21 Sold $159,900 0.0% $73 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $159,900 -- $73 / 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
2024 $2,199 $54,775 $1,540 $53,235
2023 $2,199 $54,780 $1,540 $53,240
2021 $1,282 $30,280 $1,440 $28,840
2020 $1,292 $30,280 $1,440 $28,840
2019 $1,153 $27,200 $1,440 $25,760
2018 $1,138 $27,200 $1,440 $25,760
2017 $1,122 $27,200 $1,440 $25,760
2016 $1,050 $26,750 $1,440 $25,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6077174

Northwest Ohio Real Estate Information Service (NORIS)

APN: A05-311-060311042000