NOT LISTED FOR SALE

1555 State Route 511 Ashland, OH 44805

6 Beds
4 Baths
2,408 Sq Ft
1.49 Acres

Last Sold August 17, 2021

Last sale price $175,000 $73 Per Sq Ft

Highlights

  • Porch
  • Water Softener is Owned
  • Baseboard Heating
  • 1-Story Property

About This Home

As of August 2021

Beautifully remodeled Triplex, each unit with 2 bedrooms. Quality updates include siding, electrical service and boxes, some plumbing, sump pumps, flooring, cabinets, and bathrooms. Minutes from shopping and Ashland University. Fenced in back yard for units 1 and 2. All units have new decks. This is a must see investment to live in one of the units and rent the others. Unit 1 furnishings can stay to earn more income for future tenants.

Last Agent to Sell the Property

Justin Gerwig

RE/MAX First Realty Brokerage Phone: 4195246283 License #SAL.2017003205 Listed on: 07/08/2021

RE/MAX First Realty

Last Buyer's Agent

Tyler Jarvis

Coldwell Banker Ward Real Estate License #SAL.2017005108

Coldwell Banker Ward Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 1.49 Acre Lot
  • Lot Dimensions are 150 x 435

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,408 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 5 Parking Spaces
  • No Garage
  • Shared Driveway
  • Paved Parking
  • Open Parking

Outdoor Features

  • Porch

Utilities

  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Aerobic Septic System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Large Shed Next To Parking Lot
  • Total Actual Rent $19,200
  • Tenant pays for electricity
  • Tax Lot SECTION 28 K
  • Assessor Parcel Number I250280004500
  • $6 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • New Taxes Expense $2,328
  • Gross Income $1,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.492
  • Lot Size: 150 x 435
  • Exclusions: Large Shed Next To Parking Lot
  • Directions: State Route 511 South, house is on the left just over the I71 bridge.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Year Built: 1978
  • Attribution Contact: 4195246283
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Water Softener Owned, Unit 1 Range, Unit 2 Range, Unit 3 Range, Unit 1 Refrigerator, Unit 2 Refrigerator, Unit 3 Refrigerator
  • Has Basement: Crawl Space
  • Total Bedrooms: 6
  • Living Area: 2408

Exterior Features

  • Disclosures: Property Disclosure
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Porch
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: No Garage, Stone, Shared Driveway
  • Total Parking Spaces: 5

Utilities

  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank, Aerator
  • Utilities: Cable Available
  • Water Source: Well

Schools

  • Junior High Dist: Ashland City

Lot Info

  • Lot Size Sq Ft: 64991.52
  • Farm Land Area Units: Square Feet
  • Parcel #: I250280004500
  • ResoLotSizeUnits: Acres

Green Features

Rental Info

  • Lease Term: Unit 1 Lease Length(M2m),Unit 2 Lease Length(12 Months),Unit 3 Lease Length(M2m),Unit 4 Lease Length(0)
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 1600
  • Number Of Units Vacant: 6
  • Total Actual Rent: 19200

Tax Info

  • New Taxes Expense: 2327.86
  • Tax Lot: SECTION 28 K
  • Tax Other Annual Assessment Amount: 6

Range of Values:

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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 Prior Sale
08/17/2021 08/17/21 Sold $175,000 -10.2% $73 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
07/11/2021 07/11/21 For Sale $194,900 +55.3% $81 / Sq Ft
07/30/2018 07/30/18 Sold $125,500 -3.4% $52 / Sq Ft View Prior Sale
05/25/2018 05/25/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $129,900 -- $54 / Sq Ft
Source: Ashland Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Justin Gerwig

    Seller's Agent in 2021

    Justin Gerwig

    RE/MAX First Realty

    (419) 564-2630

    137 Total Sales

    Justin Gerwig
    Section Image
  • Tyler Jarvis

    Buyer's Agent in 2021

    Tyler Jarvis

    Coldwell Banker Ward Real Estate

    (419) 606-9168

    185 Total Sales

    Tyler Jarvis
    Section Image
  • Tim Stoops

    Seller's Agent in 2018

    Tim Stoops

    RE/MAX

    (419) 651-7071

    132 Total Sales

    Tim Stoops
    Section Image

  • A

    Buyer's Agent in 2018

    Agent Outside

    Outside Broker

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Map

Source: Ashland Board of REALTORS®

MLS Number: 223359

APN: I25-028-0-0045-00

Ohio Ashland County Ashland 44805

1555 State Route 511, Ashland, OH

Not Listed for Sale

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