NOT LISTED FOR SALE

176 E Carrollton St Magnolia, OH 44643

9 Beds
4.5 Baths
6,341 Sq Ft
6,360 Sq Ft Lot

Sale Details

Date Sold: February 5, 2016

Last sale price $110,000 $17 Per Sq Ft

164 Days on Market

Highlights

  • 2 Car Detached Garage
  • Baseboard Heating
  • Privacy Fence
  • Forced Air Heating and Cooling System

About This Home

As of February 2016

Great income-producing property with 6,341 sq. ft. in the heart of the Village of Magnolia. Spacious 4-unit with 1-3 bedroom and 3-2 bedroom units with one having central air and one with 1.5 baths, 2-car garage, and storage room. Building is located on a corner lot with on-street parking, in addition to the detached 2-car garage with driveway behind. Private, fenced back yard and covered porch for largest unit. This complex has always had a great rental history with all apartments currently leased. Owner has continually updated the units with appliances, floorings, many windows, electric, vinyl siding on 3 sides w/insulation under siding, blown-in insulation on wood siding, some remodeling, partial foundation wall replacement 2015, rubber roof 2009 on flat roof side, shingles on pitched roof, & water heaters. Rental income of $1885/month with tenants paying their own gas & electric, monthly expenses: $70 Insurance;$90 Water; $98 Sewer;$36 Garbage;$95 Lawn Maintenance (Apr-Sept). 48-hour notice for showings. Property sells as is.

Last Agent to Sell the Property

Lise Kernan

Cutler Real Estate License #447004 Listed on: 08/13/2015

Cutler Real Estate

Last Buyer's Agent

Lise Kernan

Cutler Real Estate License #447004 Listed on: 08/13/2015

Cutler Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,257

Year Built

  • Built in 1918

Lot Details

  • 6,360 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Unpaved Streets

Parking

  • 2 Car Detached Garage

Home Design

  • Rubber Roof
  • Vinyl Construction Material

Interior Spaces

  • 6,341 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Range

Bedrooms and Bathrooms

  • 9 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Heating System Uses Gas

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas, heating
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 32-0000065.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,257

Year Built

Built in 1918

Lot Details

6,360 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Price Per Square Foot: 17.35
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 6341
  • Year Built: 1918
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1918

Interior Features

  • Appliances Equipment: Wall Oven, Range, Refrigerator
  • Total Bedrooms: 9
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement Detail: Full, Unfinished
  • Living Area Sq Ft: 6341
  • Estimated Total Living Area: 6341
  • Estimated Sq Ft: 6341

Exterior Features

  • Exterior: Vinyl, Wood
  • Fences: Privacy, Wood
  • Roof: Rubber

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Electric, Gas
  • Heating Type: Baseboard, Forced Air
  • Water/Sewer: Public Water, Public Sewer

Fee Information

  • Op Expenses: 4193.00

Schools

  • School District: Sandy Valley LSD

Lot Info

  • Additional Assessor Parcel Number 1: 32-0000066.000
  • Lot Size Units: Acres
  • Acres: 0.1460
  • Parcel Number: 32-0000065.000

Rental Info

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

Multi Family

  • Unit Count: 4
  • Gross Income: 22620.00
  • Net Income: 18067.00
  • Num Of Buildings: 1
  • Number of Units: 4
  • Percent Units Occupied: 100

Tax Info

  • Tax: 2257
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Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2016 02/05/16 Sold $110,000 -15.3% $17 / Sq Ft
01/24/2016 01/24/16 Pending -- -- --
08/13/2015 08/13/15 For Sale $129,900 -- $20 / 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
2024 $2,071 $40,000 $4,540 $35,460
2023 $2,608 $40,000 $4,540 $35,460
2022 $2,625 $39,020 $4,550 $34,470
2021 $2,573 $39,020 $4,550 $34,470
2020 $2,619 $39,020 $4,550 $34,470
2019 $2,760 $39,015 $4,547 $34,468
2018 $2,079 $30,260 $2,490 $27,770
2017 $2,307 $30,260 $2,490 $27,770
2016 $2,325 $30,260 $2,490 $27,770
2015 $2,317 $30,260 $2,490 $27,770
2014 $2,252 $30,260 $2,490 $27,770
2013 $2,259 $30,260 $2,490 $27,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3737660

MLS Now
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