17 Mello Ave Dayton, OH 45410
Walnut Hills NeighborhoodEstimated Value: $138,000 - $428,179
6
Beds
3
Baths
2,100
Sq Ft
$114/Sq Ft
Est. Value
Highlights
- Cooling Available
- Forced Air Heating System
- 1-Story Property
About This Home
As of January 2023Great investment opportunity. Brick, ranch-style 3 unit apartment building located near University of Dayton. Each unit has private entrance. 700 SQ FT 2 bedrooms, 1 bath, living room, dining room, kitchen and utility closet with washer/dryer hookups. Private, off-street parking in alley. Owner covers water, sewer and trash. Tenant expenses include gas and electric. Must sell with sister building (15 Mello Avenue, Dayton-MLS 870508) that shares common courtyard for a combined total price of $340,000. Rent $625/month. Tenant in A will be out in 30 days. B is vacant and ready to rent. Unit C is rented and on month to month lease. Great opportunity to make it your own!
Last Agent to Sell the Property
Coldwell Banker Heritage Brokerage Phone: (937) 439-4500 Listed on: 08/22/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,479
Year Built
- 1964
Lot Details
- 4,792 Sq Ft Lot
Home Design
- Brick Exterior Construction
Interior Spaces
- 2,100 Sq Ft Home
- 1-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Parking
- No Garage
- Private Parking
Utilities
- Cooling Available
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 3 Units
- City/Dayton Subdivision
Listing and Financial Details
- Tenant pays for electricity, gas
- Assessor Parcel Number R72 03307 0006
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 22, 2022
Closed on
Jan 3, 2023
Sold by
Btm Properties Inc
Bought by
Sunsong North America Inc
Seller's Agent
Cindy Buckreus
Coldwell Banker Heritage
Buyer's Agent
Lanxi Song
Keller Williams Seven Hills
List Price
$170,000
Sold Price
$172,500
Premium/Discount to List
$2,500
1.47%
Views
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,545
Avg. Annual Appreciation
13.81%
Purchase Details
Closed on
May 9, 2018
Sold by
Kenneth D Kraus
Bought by
Bigby John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,125
Interest Rate
4.55%
Purchase Details
Closed on
May 8, 2018
Sold by
Bigby John J
Bought by
Btm Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,125
Interest Rate
4.55%
Purchase Details
Closed on
May 8, 2013
Sold by
Giambrone Letitia G and The Letitia G Giambrone Amende
Bought by
Kraus Kenneth D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
3.52%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 5, 1999
Sold by
Giambrone Letitia G
Bought by
Giambrone Letitia G and Giambrone Amended Letitia G
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Unique double across from University of Dayton's Student Housing & only 0.25 to Miami Valley Hospital. Love the painted exterior, interior upgrades & turn- key opportunity for tenants with typical rents from $1,200 to $1,800 with student landlord portal or the ideal investment for short-long term rentals. Updated Furnaces/AC - Installed by close, water heaters & windows. Check out the great curb
Michael Meyer Irongate Realtors
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sunsong North America Inc | $345,000 | None Listed On Document | |
| Bigby John | $117,500 | -- | |
| Btm Properties Llc | -- | -- | |
| Kraus Kenneth D | $120,000 | Landmark Title Agency South | |
| Giambrone Letitia G | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Btm Properties Llc | $88,125 | |
| Previous Owner | Btm Properties Llc | -- | |
| Previous Owner | Btm Properties Llc | -- | |
| Previous Owner | Kraus Kenneth D | $115,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/04/2023 01/04/23 | Sold | $172,500 | +1.5% | $82 / Sq Ft |
| 08/24/2022 08/24/22 | Pending | -- | -- | -- |
| 08/22/2022 08/22/22 | For Sale | $170,000 | -- | $81 / Sq Ft |
Source: Dayton REALTORS®
Tax History Compared to Growth
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 | $2,479 | $42,320 | $6,200 | $36,120 |
| 2023 | $2,479 | $42,320 | $6,200 | $36,120 |
| 2022 | $2,608 | $34,480 | $5,040 | $29,440 |
| 2021 | $2,594 | $34,480 | $5,040 | $29,440 |
| 2020 | $2,589 | $34,480 | $5,040 | $29,440 |
| 2019 | $2,130 | $25,540 | $5,600 | $19,940 |
| 2018 | $2,134 | $25,540 | $5,600 | $19,940 |
| 2017 | $2,118 | $25,540 | $5,600 | $19,940 |
| 2016 | $2,208 | $25,360 | $5,600 | $19,760 |
| 2015 | $2,091 | $25,360 | $5,600 | $19,760 |
| 2014 | $2,091 | $25,360 | $5,600 | $19,760 |
| 2012 | -- | $18,930 | $5,600 | $13,330 |
Source: Public Records
Agents Affiliated with this Home
-
Cindy Buckreus
Seller's Agent in 2023
Cindy Buckreus
Coldwell Banker Heritage
(937) 609-5043
2 in this area
247 Total Sales
-
Lanxi Song
Buyer's Agent in 2023
Lanxi Song
Keller Williams Seven Hills
(513) 908-1719
2 in this area
184 Total Sales
Map
Source: Dayton REALTORS®
MLS Number: 872129
APN: R72-03307-0006
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The information is being provided by Dayton Area Board of Realtors MLS. Information deemed reliable but not guaranteed. Information is provided for the consumer's personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Dayton Area Board of Realtors MLS. All Rights Reserved.
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