NOT LISTED FOR SALE

1581 Timber Rd Mansfield, OH 44905

Estimated Value: $234,354 - $336,000

6 Beds
6 Baths
2,666 Sq Ft
$106/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $185,000 $69 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,760/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Dining Room
  • Wall to Wall Carpet
  • Eat-In Kitchen
  • 9 Car Garage
  • Heating Available

About This Home

As of October 2020

Nice multi-family in Madison schools on dead end street. Separate laundry, storage, garage, for each unit. 100% occupied, all are MTM. Rents are below market. Many updates. New water pressure tank in 2019, newer flooring, very well maintained and spacious floor plans. Live in one and rent the other 2!

Last Agent to Sell the Property

Crystal Phelps

The Holden Agency License #2006006180 Listed on: 07/30/2020

Last Buyer's Agent

Agent Outside

Outside Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,042

Year Built

  • Built in 1976

Lot Details

  • 20,473 Sq Ft Lot

Parking

  • 9 Car Garage
  • Open Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Dining Room
  • Wall to Wall Carpet
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Utilities

  • No Cooling
  • Heating Available
  • Electric Water Heater
  • Community Sewer or Septic

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 0250913009000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,042

Year Built

Built in 1976

Lot Details

0.47 Acres

Parking

9

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.47
  • Road Surface Type: Paved
  • Directions: Ashland Rd to Unity to Timber.
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Structure Type: Onsite Built
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Range, Electric Water Heater
  • Has Basement: Full
  • Total Bedrooms: 6
  • Flooring: Wall/Wall Carpet
  • Interior Amenities: Eat-in Kitchen, Dining Room

Exterior Features

  • Home Warranty: No
  • Construction Type: Brick

Garage/Parking

  • Covered Parking Spaces: 9
  • Garage Spaces: 9
  • Open Parking: Yes
  • Parking Features: Gravel, Garage, 3 Spaces
  • Total Parking Spaces: 3

Utilities

  • Security: Smoke Detector(s)
  • Cooling: None
  • Cooling Y N: No
  • Heating: Other-See Remarks
  • Heating Yn: Yes
  • Sewer: Community Sewer System
  • Water Source: Community System

Schools

  • Junior High Dist: Madison Local School District

Lot Info

  • Lot Size Sq Ft: 20473.2
  • Farm Land Area Units: Square Feet
  • Parcel #: 0250913009000
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3042.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Oct 5, 2020
Sold by
Williams Chad A and Williams Lori A
Bought by
Bower Clinton P and Bower Brenda K
Seller's Agent
Crystal Phelps
The Holden Agency
Buyer's Agent
Agent Outside
Outside Broker
List Price
$199,000
Sold Price
$185,000
Premium/Discount to List
-$14,000
-7.04%
Current Estimated Value
$282,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,839
Avg. Annual Appreciation
8.04%
Original Mortgage
$181,649
Outstanding Balance
$161,567
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$121,272

Purchase Details

Closed on
Dec 10, 2012
Sold by
Fern Llc
Bought by
Williams Chad A and Williams Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,125
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2008
Sold by
Wright Gary L and Wright Nellie E
Bought by
Fern Llc

Purchase Details

Closed on
Jun 1, 1999
Sold by
Bauer William
Bought by
Wright Gary L and Wright Nellie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.92%
Mortgage Type
New Conventional
Source: Public Records
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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
Bower Clinton P $185,000 Southern Title
Williams Chad A $125,500 Chicago Title
Fern Llc -- Attorney
Wright Gary L $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bower Clinton P $181,649
Previous Owner Williams Chad A $94,125
Previous Owner Wright Gary L $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2020 10/05/20 Sold $185,000 -7.0% $69 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $199,000 -- $75 / Sq Ft
Source: Mansfield Association of REALTORS®

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 $2,983 $62,910 $7,130 $55,780
2023 $3,050 $62,910 $7,130 $55,780
2022 $2,816 $51,590 $6,380 $45,210
2021 $2,815 $51,590 $6,380 $45,210
2020 $2,908 $51,590 $6,380 $45,210
2019 $2,771 $43,710 $5,400 $38,310
2018 $2,596 $43,710 $5,400 $38,310
2017 $2,563 $43,710 $5,400 $38,310
2016 $2,585 $42,950 $5,130 $37,820
2015 $2,467 $42,950 $5,130 $37,820
2014 $2,458 $42,950 $5,130 $37,820
2012 $1,222 $45,210 $5,400 $39,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mansfield Association of REALTORS®

MLS Number: 9047746

Mansfield Association of REALTORS®

APN: 025-09-130-09-000

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