NOT LISTED FOR SALE

160 E Main St Madison, OH 44057

Estimated Value: $323,000 - $330,000

7 Beds
5 Baths
2,767 Sq Ft
$118/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $202,000 $73 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,062/month

82 Days on Market

Highlights

  • Medical Services
  • 2.91 Acre Lot
  • Community Pool
  • City View
  • Pond
  • 4 Car Detached Garage

About This Home

As of September 2017

See it anew. Almost three acres of long-time Madison history, with a few surprises. Multi-family, multi-possibilities in the village. The main house bungalow is a vintage Liberty Homes kit, originally built by the seller's family in 1940. Period charm abounds. Lots of natural light in the kitchen and dining room. This quaint cottage boasts large bedrooms upstairs, and a European-inspired half-bath design to maximize useful space. One bedroom can be used as an office, and has an entry door leading to the backyard/ vintage hobbyist's garage-workshop. Basement possesses a large laundry/ utility room, plenty of storage, half bath, rec room, and canning closet as a hidden gem. Bring your vision alive here, whether as your home, or an investment.

The second house was moved from the adjacent lot in the mid-60s, and rebuilt as a duplex. Newer roof and siding, new wiring and breaker boxes in 2016, tenants pay own gas and electric. Water is split among all three units, according to metered usage.

And there's more. Two fruit-bearing pear trees. Follow the path through the meadow to a canopied shed and half-acre pond surrounded by varied deciduous trees and conifers. Quiet and serene. An unexpected oasis in the village. Only a five minute walk to town square with restaurants. Neighbored by Madison South Elementary.

Last Agent to Sell the Property

Ben Drenik

Keller Williams Greater Cleveland Northeast License #2016003710 Listed on: 05/31/2017

Keller Williams Greater Cleveland Northeast

Last Buyer's Agent

Ben Drenik

Keller Williams Greater Cleveland Northeast License #2016003710 Listed on: 05/31/2017

Keller Williams Greater Cleveland Northeast

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,130

Year Built

  • Built in 1940

Lot Details

  • 2.91 Acre Lot
  • North Facing Home
  • Chain Link Fence
  • Unpaved Streets

Parking

  • 4 Car Detached Garage

Property Views

  • City
  • Woods

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,767 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 7 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Steam
  • Heating System Uses Gas

Additional Features

  • Pond
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 02-A-007-0-00-010-0

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Harveys Surv Community

Amenities

  • Medical Services
  • Shops
  • Laundry Facilities

Recreation

  • Community Playground
  • Community Pool
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,130

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • House Faces: North
  • Price Per Square Foot: 73.00
  • Estimated Price per Sq Ft: 73.00
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 2767
  • Year Built: 1940
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1940

Interior Features

  • Appliances Equipment: Range, Refrigerator
  • Total Bedrooms: 7
  • Total Bathrooms: 5.00
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement Detail: Common, Full
  • Sq Ft Approx Above Grade Finished: 2767.00
  • Sq Ft Approx Total Finished: 2767.00

Exterior Features

  • View: City View, Wooded
  • Exterior: Vinyl
  • Fences: Chain Link
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Detached
  • Garage Num Of Cars: 4

Utilities

  • Heating Fuel: Gas
  • Heating Type: Forced Air, Hot Water/Steam
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Laundromat, Medical Service, Park, Playground, Pool, Shopping/Mall

Condo/Co-op/Association

  • Subdivision Complex: Harveys Surv

Schools

  • School District: Madison LSD

Lot Info

  • Lot Description: City Lot, Pond
  • Lot Size Units: Acres
  • Acres: 2.9069
  • Parcel Number: 02-A-007-0-00-010-0

Multi Family

  • Unit Count: 3
  • Gross Income: 960.00
  • Num Of Buildings: 2
  • Number of Units: 3
  • Percent Units Occupied: 67

Tax Info

  • Tax: 4130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2017
Closed on
Sep 28, 2017
Sold by
Hudson Charles F and Marcy Marilyn H
Bought by
Palmer Joseph N
Seller's Agent
Ben Drenik
Keller Williams Greater Cleveland Northeast
Buyer's Agent
Ben Drenik
Keller Williams Greater Cleveland Northeast
List Price
$234,900
Sold Price
$202,000
Premium/Discount to List
-$32,900
-14.01%
Current Estimated Value
$327,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,000
Avg. Annual Appreciation
5.95%
Original Mortgage
$206,076
Outstanding Balance
$170,798
Interest Rate
3.89%
Mortgage Type
VA
Estimated Equity
$156,202

Purchase Details

Closed on
Dec 11, 2002
Sold by
Marcy Marilyn H and Marcy Keith E
Bought by
Marcy Marilyn H and Marcy Keith E

Purchase Details

Closed on
Nov 29, 2002
Sold by
Greer Dorothy L and Greer John
Bought by
Hudson Charles F and Marcy Marilyn H

Purchase Details

Closed on
Mar 16, 1987
Bought by
Hudson Lillie M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Palmer Joseph N $202,000 Chicago Title
Marcy Marilyn H -- --
Hudson Charles F $68,000 --
Hudson Lillie M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Joseph N $206,076
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2017 09/29/17 Sold $202,000 -6.0% $73 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
06/29/2017 06/29/17 Price Changed $214,900 -8.5% $78 / Sq Ft
05/31/2017 05/31/17 For Sale $234,900 -- $85 / Sq Ft
Source: MLS Now

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
2025 -- $94,160 $27,950 $66,210
2024 -- $94,160 $27,950 $66,210
2023 $8,607 $83,600 $22,650 $60,950
2022 $4,924 $83,600 $22,650 $60,950
2021 $4,910 $83,600 $22,650 $60,950
2020 $4,644 $69,670 $18,880 $50,790
2019 $4,648 $69,670 $18,880 $50,790
2018 $4,553 $64,770 $13,740 $51,030
2017 $4,466 $64,770 $13,740 $51,030
2016 $4,130 $64,770 $13,740 $51,030
2015 $3,731 $64,770 $13,740 $51,030
2014 $3,822 $64,770 $13,740 $51,030
2013 $3,585 $64,770 $13,740 $51,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3908226

MLS Now

APN: 02-A-007-0-00-010