NOT LISTED FOR SALE

163 Madison Ave Fairborn, OH 45324

Estimated Value: $162,720 - $185,000

4 Beds
2 Baths
1,352 Sq Ft
$126/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $140,000 $104 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,071/month

30 Days on Market

About This Home

As of June 2022

Investor opportunity. Current leases are $600 and $575 (plus $25 for a cat) (both are lower than the market price) per month. Tenants pay all utilities. The roof is new in 2019, newer water heater is in 161. Brick side-by-side double on a dead-end street. Electric heat with individual room controls, off-street parking. Priced accordingly. Property 100% sold as-is.

Last Agent to Sell the Property

Wei Xiong

OwnerLand Realty, Inc. License #2017002497 Listed on: 05/15/2022

OwnerLand Realty, Inc.

Last Buyer's Agent

Not Member

NOTCINCYMEM

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 1990

Lot Details

  • 6,251

Parking

  • 3 Open Parking Spaces
  • 3 Car Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,352 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows

Additional Features

  • 6,251 Sq Ft Lot
  • Natural Gas Not Available

Community Details

  • Maintenance Expense $2,400
  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,500

Year Built

Built in 1990

Lot Details

0

Parking

3

Listing Details

  • Suburb: Greene Co.
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Census Tract Realist: 2007.00
  • Cooling: Window Unit
  • Heating: Electric
  • Lot Area Realist: 6250.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00-05:00
  • Suburb S I C: Greene Co.
  • Annual Assessment Amount: of record
  • Price Per Acre: 975609.76
  • Year Built: 1990
  • School 1 Type: District Phone
  • Directions: Kaufmann to east on Vine at Moose Club, left on Superior one block to right on Madison to end.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 2
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Duplex
  • Occupancy: Negotiable
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Property Type: Residential Income
  • Heat Paid: Tenant
  • Lease Information: month to month
  • Reciprocal Listing: No
  • School Name1: Call SD 937-878-3961
  • Semi Annual Taxes: 750
  • Water Paid: Tenant
  • Basement: None
  • Levels: One
  • Zero Selling Price: No
  • Fireplace: None
  • Bldg Sq Ft (Realist): 1352.00
  • Street Number Modifier: 163
  • Windows: Vinyl
  • Two Bedroom Rent: 600.00
  • Two Bedroom Units: 2

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Slab
  • Listing Price: 135000.00
  • Acres: 0.1435
  • New Construction: No

Garage/Parking

  • Garage: None
  • Garage Spaces: 3.00
  • Parking Spaces: 3
  • Parking: Onstreet, Off Street, Driveway

Utilities

  • Gas: None
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 2400.00

Schools

  • District: Fairborn City SD

Lot Info

  • Lot Dimensions: of record
  • Lot Size Sq Ft: 6251.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 14400.00
  • Total Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2022
Closed on
Jun 22, 2022
Sold by
Royal Stone Investment Management Llc
Bought by
Lykins Christopher
Seller's Agent
Wei Xiong
OwnerLand Realty, Inc.
Buyer's Agent
Not Member
NOTCINCYMEM
List Price
$135,000
Sold Price
$140,000
Premium/Discount to List
$5,000
3.7%
Current Estimated Value
$170,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,680
Avg. Annual Appreciation
5.10%
Original Mortgage
$105,000
Outstanding Balance
$100,049
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$63,641

Purchase Details

Closed on
Mar 30, 2018
Sold by
751 Nad3259u Llc
Bought by
Royal Stone Investments Management Llc

Purchase Details

Closed on
Mar 26, 2018
Sold by
3275 Fireside Llc
Bought by
751Nad3259u Llc

Purchase Details

Closed on
May 9, 2013
Sold by
Vogel Debra
Bought by
3275Fireside Llc

Purchase Details

Closed on
Dec 28, 2012
Sold by
Brannon Kellie Lynn and Tucker Kellie Lynn
Bought by
Vogel Debra
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
Lykins Christopher -- None Listed On Document
Royal Stone Investments Management Llc $68,000 None Available
751Nad3259u Llc -- --
3275Fireside Llc -- None Available
Vogel Debra $45,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lykins Christopher $105,000
Previous Owner Tucker Jo Ann $65,500
Previous Owner Tucker Jo Ann $45,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Off Market $140,000 -- --
06/24/2022 06/24/22 Sold $140,000 +3.7% $104 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
05/15/2022 05/15/22 For Sale $135,000 -- $100 / Sq Ft
Source: MLS of Greater Cincinnati (CincyMLS)

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 $1,695 $35,400 $4,550 $30,850
2023 $1,695 $35,400 $4,550 $30,850
2022 $1,409 $24,760 $3,500 $21,260
2021 $1,429 $24,760 $3,500 $21,260
2020 $754 $24,760 $3,500 $21,260
2019 $1,068 $16,730 $3,570 $13,160
2018 $980 $16,730 $3,570 $13,160
2017 $1,099 $16,730 $3,570 $13,160
2016 $952 $16,240 $3,570 $12,670
2015 $908 $16,240 $3,570 $12,670
2014 $914 $16,240 $3,570 $12,670
Source: Public Records

Agents Affiliated with this Home

  • Wei Xiong

    Seller's Agent in 2022

    Wei Xiong

    OwnerLand Realty, Inc.

    (419) 819-9669

    1 in this area

    160 Total Sales

    Section Image

  • N

    Buyer's Agent in 2022

    Not Member

    NOTCINCYMEM

See All Agents

Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1739038

MLS of Greater Cincinnati (CincyMLS)

APN: A02-0002-0013-0-0255-00

Ohio Greene County Fairborn 45324

163 Madison Ave, Fairborn, OH

This home is located at 163 Madison Ave, Fairborn, OH 45324 since 15 May 2022 and is currently estimated at $170,680, approximately $126 per square foot. This property was built in 1990. 163 Madison Ave is a home located in Greene County with nearby schools including Fairborn Primary School, Fairborn Intermediate School, and Baker Middle School.

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