NOT LISTED FOR SALE

159 Thomas Dr Fremont, OH 43420

Estimated Value: $135,000 - $676,937

6 Beds
3 Baths
2,976 Sq Ft
$162/Sq Ft Est. Value

Last Sold December 06, 2021

Last sale price $540,000 $181 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $2,817/month

153 Days on Market

Highlights

  • 6 Car Attached Garage
  • Cooling System Mounted In Outer Wall Opening
  • Wood Siding
  • Brick or Stone Mason
  • Baseboard Heating

About This Home

As of December 2021

Price Reduced !!! GREAT INVESTMENT RESIDENTIAL INCOME PROPERTY . Total of 3 separate residential apartment buildings each with 3 two bedroom, 1 bath apartments. COUNTRY SETTING WITH PRIVATE PATIOS OVERLOOKING OPEN FIELDS. Low maintenance\159 Thomas Drive - Total of 3 : Two bedroom , one bath, single story apartments167 Thomas Drive - Total of 2, Two bedroom, one and 1 /2 baths, 2-story apartments, plus garage parking. Plus 1, Two bedroom, one bath, single story apartment, plus garage parking for all units.175 Thomas Drive Total of 1 Three Bedroom, 2 Two bedroom, one bath, single story apts, plus garage parking for all three units.Individual storage units adjacent to the 6 parking garages. Large Outbuilding for owners use, 45 x 25, Overhead door and workshop, storage area for owners projects.

Last Agent to Sell the Property

Cynthia Klein

The Holden Agency-Routh Realty License #2011001845 Listed on: 06/30/2021

The Holden Agency-Routh Realty

Co-Listed By

Default zSystem

zSystem Default

Last Buyer's Agent

Cynthia Klein

The Holden Agency-Routh Realty License #2011001845 Listed on: 06/30/2021

The Holden Agency-Routh Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,807

Year Built

  • Built in 1972

Lot Details

  • 1.39

Parking

  • 6 Car Attached Garage
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Brick or Stone Mason
  • Slab Foundation
  • Wood Siding

Kitchen

  • Range
  • Dishwasher

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Additional Features

  • 2-Story Property
  • 1.39 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 13216000010013216000020032160000300

Community Details

Overview

  • 9 Units

Building Details

  • Operating Expense $3,536
  • Gross Income $56,280
  • Net Operating Income $42,937

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,807

Year Built

Built in 1972

Lot Details

0

Parking

6

Listing Details

  • PropertySubType: Multi Family
  • PropertyType: Residential Income
  • Lot Size Acres: 1.39
  • NAV29_Unit_1_Appliances: Dishwasher, Range, Refrigerator
  • Total Gross Income: 56280
  • MLS Status: Sold
  • Directions: Route 20 West from Fremont, Route 19 Exit (Oak Harbor Road) North to Thomas Drive, just past Fire Station.
  • Carport Y N: No
  • Unit Levels: One, Two
  • Year Built: 1972
  • Tax Year: 2020
  • Master Plan Zoning: Residential
  • Financial Info Electric: Circuit Breakers
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Wood Siding
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 6
  • Garage Spaces: 6
  • Attached Garage: Yes
  • Open Parking: Yes
  • Parking Features: Assigned, Attached, Paved, Off Street
  • Total Parking Spaces: 6

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Baseboard
  • HeatingYN: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
  • Water Source: Public

Schools

  • Junior High Dist: Fremont

Lot Info

  • Lot Dimensions: 402 x 153 (All 3 Parcels) Appro x .
  • Lot Size Sq Ft: 60548.4
  • ResoLotSizeUnits: Acres
  • Parcel Number: 13216000010013216000020032160000300
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 10-15 Years

Multi Family

  • Number Of Units Total: 9
  • Net Operating Income: 42936.84
  • Annual Operating Expense: 3536

Tax Info

  • Tax Annual Amount: 9807.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2025
Sold by
Klein Cynthia L
Bought by
159 Thomas Drive Llc
Current Estimated Value
$482,312

Purchase Details

Closed on
Oct 18, 2024
Sold by
Klein Carl Douglas and Klein Cynthia L
Bought by
Klein Cynthia L

Purchase Details

Listed on
Jun 30, 2021
Closed on
Dec 7, 2021
Sold by
Banic Properties Llc
Bought by
Klein C Douglas C and Klein Cynthia L
Seller's Agent
Cynthia Klein
The Holden Agency-Routh Realty
Buyer's Agent
Cynthia Klein
The Holden Agency-Routh Realty
List Price
$745,000
Sold Price
$540,000
Premium/Discount to List
-$205,000
-27.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.86%
Original Mortgage
$432,000
Interest Rate
2.37%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jun 30, 2021
Closed on
Dec 6, 2021
Sold by
Banic Properties Llc
Bought by
Klein C Douglas C and Klein Cynthia L
Seller's Agent
Cynthia Klein
The Holden Agency-Routh Realty
Buyer's Agent
Cynthia Klein
The Holden Agency-Routh Realty
List Price
$745,000
Sold Price
$540,000
Premium/Discount to List
-$205,000
-27.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
2.37%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 22, 2011
Sold by
Banic Properties
Bought by
Banic Properties Llc

Purchase Details

Closed on
Jul 1, 1987
Bought by
Banic Properties Llc
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 Buyer Sale Price Title Company
159 Thomas Drive Llc -- None Listed On Document
159 Thomas Drive Llc -- None Listed On Document
Klein Cynthia L -- None Listed On Document
Klein Cynthia L -- None Listed On Document
Klein C Douglas C $540,000 First American Title Box
Klein C Douglas C $11,333 First American Title
Banic Properties Llc -- Attorney
Banic Properties Llc $575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Klein C Douglas C $432,000
Previous Owner Klein C Douglas C $432,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2021 12/06/21 Sold $540,000 -27.5% $181 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $745,000 -- $250 / Sq Ft
Source: Firelands Association of 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 $3,438 $62,550 $16,660 $45,890
2023 $3,438 $50,060 $13,340 $36,720
2022 $3,078 $50,060 $13,340 $36,720
2021 $3,142 $50,060 $13,340 $36,720
2020 $3,044 $46,940 $13,340 $33,600
2019 $3,042 $46,940 $13,340 $33,600
2018 $2,983 $46,940 $13,340 $33,600
2017 $2,922 $43,900 $13,340 $30,560
2016 $2,702 $43,900 $13,340 $30,560
2015 $2,676 $43,900 $13,340 $30,560
2014 $2,724 $43,050 $12,810 $30,240
2013 $2,689 $43,050 $12,810 $30,240
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Cynthia Klein

    The Holden Agency-Routh Realty

    (419) 483-5428

    26 Total Sales

    Cynthia Klein
    Section Image

  • D

    Seller Co-Listing Agent in 2021

    Default zSystem

    zSystem Default

See All Agents

Map

Source: Firelands Association of REALTORS®

MLS Number: 20212713

APN: 13-21-60-0001-00

Ohio Sandusky County Fremont 43420

159 Thomas Dr, Fremont, OH

This home is located at 159 Thomas Dr, Fremont, OH 43420 since 30 June 2021 and is currently estimated at $482,312, approximately $162 per square foot. This property was built in 1972. 159 Thomas Dr is a home located in Sandusky County with nearby schools including Fremont Ross High School, St. Ann Catholic School, and St. Joseph School.

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