NOT LISTED FOR SALE

16 S Main St Rittman, OH 44270

Estimated Value: $196,210

1 Bed
2 Baths
6,000 Sq Ft
$33/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $155,000 $26 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,266/month

270 Days on Market

Highlights

  • City View
  • Forced Air Heating System
  • East Facing Home

About This Home

As of June 2023

Here's a great opportunity to own an income producing property with plenty of room to expand. This 1920 sold brick built building located in Rittman, OH is available. Each floor is 2000 sq ft. Home to H&R Block, a one bedroom apartment, a full unfinished loft and a full walk out basement that is mostly finished and is ready for you. The loft can be made into two or three apartments or a full uptown urban oasis, and it even has rooftop space and an elevator. The basement is completely secure and is perfect for those needing complete privacy and security. Current rent is $550.00 per month (tenant pays own utilities except for water, sewer and trash) and $600.00 (tenant pays own utilities except for water, sewer and trash). Plenty of parking in front and behind this building. There are several new tenants in downtown Rittman with more on the way. You won't find a building like this anywhere. New air conditioning, updated electric, solid hardwood floors in the loft and NOTHING squeaks with very little road noise. Don't miss out on this one. Listing agent must be present for all showings.

Last Agent to Sell the Property

Shannon Bauer

Find Home Realty License #2017001741 Listed on: 08/23/2022

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Last Buyer's Agent

Shannon Bauer

Find Home Realty License #2017001741 Listed on: 08/23/2022

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,799

Year Built

  • Built in 1920

Lot Details

  • 2,500 Sq Ft Lot
  • East Facing Home

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • City Views
  • Finished Basement

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Additional Features

  • City Lot
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas, heating
  • The owner pays for trash collection, water
  • Assessor Parcel Number 63-00420-000

Community Details

Overview

  • 4 Units
  • Rittman Community

Amenities

  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,799

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • House Faces: East
  • Price Per Square Foot: 38.75
  • Estimated Price per Sq Ft: 38.75
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 4000
  • Year Built: 1920
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Appliances Equipment: Microwave, Range, Refrigerator
  • Total Bedrooms: 1
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Finished
  • Sq Ft Approx Above Grade Finished: 4000.00
  • Sq Ft Approx Below Grade Finished: 2000.00
  • Sq Ft Approx Total Finished: 6000.00

Exterior Features

  • View: City View
  • Exterior: Brick
  • Roof: Flat

Garage/Parking

  • Driveway: Paved

Utilities

  • LaundryFeatures: None
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Rittman

Schools

  • School District: Rittman EVSD
  • School District: Rittman EVSD

Lot Info

  • Lot Description: City Lot
  • Lot Size Units: Acres
  • Acres: 0.0574
  • Parcel Number: 63-00420-000

Rental Info

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Cable/Electric Link, Electric, Gas, Heating

Multi Family

  • Unit Count: 4
  • Gross Income: 1100.00
  • Num Of Buildings: 1
  • Number of Units: 4
  • Percent Units Occupied: 2

Tax Info

  • Tax: 2799

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2009
Sold by
Blanton John W and Blanton Rosalinde M
Bought by
Wirtz Ronald W and Wirtz Diane B
Current Estimated Value
$196,210

Purchase Details

Closed on
Jan 1, 1987
Bought by
Chippewa Valley Bank
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Wirtz Ronald W -- Lynn A Beaumont
Chippewa Valley Bank -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $155,000 -8.8% $26 / Sq Ft
05/20/2023 05/20/23 Pending -- -- --
05/02/2023 05/02/23 For Sale $170,000 0.0% $28 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
04/03/2023 04/03/23 Price Changed $170,000 0.0% $28 / Sq Ft
04/03/2023 04/03/23 For Sale $170,000 +9.7% $28 / Sq Ft
03/23/2023 03/23/23 Off Market $155,000 -- --
02/24/2023 02/24/23 For Sale $173,000 +11.6% $29 / Sq Ft
02/23/2023 02/23/23 Off Market $155,000 -- --
10/31/2022 10/31/22 Price Changed $173,000 -2.8% $29 / Sq Ft
08/23/2022 08/23/22 For Sale $178,000 -- $30 / Sq Ft
Source: MLS Now

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 $2,696 $36,500 $4,380 $32,120
2023 $2,696 $36,500 $4,380 $32,120
2022 $2,744 $36,500 $4,380 $32,120
2021 $2,799 $36,500 $4,380 $32,120
2020 $2,523 $36,500 $4,380 $32,120
2019 $2,533 $33,260 $3,850 $29,410
2018 $2,536 $33,260 $3,850 $29,410
2017 $2,538 $33,260 $3,850 $29,410
2016 $2,553 $33,260 $3,850 $29,410
2015 $2,524 $33,260 $3,850 $29,410
2014 $2,533 $33,260 $3,850 $29,410
2013 $2,353 $33,820 $3,850 $29,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4402481

MLS Now

APN: 63-00420-000