NOT LISTED FOR SALE

18 N Main St Mount Vernon, OH 43050

Estimated Value: $393,145

Studio
1 Bath
7,648 Sq Ft
$51/Sq Ft Est. Value

Sale Details

Date Sold: January 26, 2018

Last sale price $195,000 $25 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,353 / mo

90 Days on Market

About This Home

As of January 2018

Brick three story building located just off the square combine solid residential rental income with office income and storage space. Solid building zoned Central Business currently has two office rentals, 4 2 bedroom apartment, 1 one bedroom apartment and large storage/workshop area.
There have been tons of updates and this building has a good history of rental income.

Last Agent to Sell the Property

Al Lindeman

Re/Max Stars License #346460 Listed on: 02/01/2018

Re/Max Stars

Last Buyer's Agent

Al Lindeman

Re/Max Stars License #346460 Listed on: 02/01/2018

Re/Max Stars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,831

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 7,648 Sq Ft Home
  • Mixed Use

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 66-03852.000

Community Details

Overview

  • 7 Units

Building Details

  • Operating Expense $265
  • Gross Income $3,485
  • Net Operating Income $2,730

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,831

Year Built

Built in 1900

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2016
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.1
  • Total Gross Income: 3485.0
  • Co List Office Phone: 740-392-7000
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 25.5
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 3485.0
  • Annual Expenses: 265.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 7648.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features On Street2: Yes

Utilities

  • Heating: Forced Air, Oil
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: MT VERNON CSD 4205 KNO CO.

Lot Info

  • Parcel Number: 66-03852.000
  • Lot Size Sq Ft: 4356.0
  • Additional Parcels: No

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Monthly Rent (Other): 562.5
  • Number Of Units Total: 7
  • Net Operating Income: 2730.0
  • Annual Operating Expense: 265.0

Tax Info

  • Tax Annual Amount: 3831.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2022
Sold by
Strouse Rentals Llc
Bought by
City Of Mount Vernon
Current Estimated Value
$393,145

Purchase Details

Closed on
Oct 22, 2018
Sold by
Strouse Rentals Llc
Bought by
Strouse Rentals Llc

Purchase Details

Listed on
Feb 1, 2018
Closed on
Jan 26, 2018
Sold by
Noble Properties Of Mount Vernon Llc
Bought by
Strouse Rentals Llc
Seller's Agent
Al Lindeman
Re/Max Stars
Buyer's Agent
Al Lindeman
Re/Max Stars
List Price
$195,000
Sold Price
$195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
Interest Rate
4.15%

Purchase Details

Closed on
Dec 22, 2003
Bought by
Noble Properties Of Mount

Purchase Details

Closed on
May 11, 1989
Sold by
Stephens Danny L
Bought by
Butterman Properties Dba
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
City Of Mount Vernon -- None Listed On Document
Strouse Rentals Llc -- --
Strouse Rentals Llc -- --
Strouse Rentals Llc $364,000 --
Noble Properties Of Mount $192,000 --
Butterman Properties Dba $78,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Strouse Rentals Llc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2018 01/26/18 Sold $195,000 0.0% $25 / Sq Ft
12/27/2017 12/27/17 Pending -- -- --
08/18/2017 08/18/17 For Sale $195,000 -- $25 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

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 $3,043 $62,020 $5,340 $56,680
2024 $3,043 $62,020 $5,340 $56,680
2023 $3,088 $62,020 $5,340 $56,680
2022 $3,025 $56,390 $4,860 $51,530
2021 $3,025 $56,390 $4,860 $51,530
2020 $2,919 $56,390 $4,860 $51,530
2019 $2,900 $51,680 $4,860 $46,820
2018 $2,938 $51,680 $4,860 $46,820
2017 $3,839 $68,780 $8,870 $59,910
2016 $3,831 $68,780 $8,870 $59,910
2015 $3,830 $68,780 $8,870 $59,910
2014 $3,833 $68,780 $8,870 $59,910
2013 $3,866 $68,740 $6,280 $62,460
Source: Public Records

Agents Affiliated with this Home

  • Al Lindeman

    Seller's Agent in 2018

    Al Lindeman

    RE/MAX

    (740) 398-4388

    49 in this area

    173 Total Sales

    Al Lindeman
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 217032006

Columbus and Central Ohio Regional MLS

APN: 66-03852.000

Ohio Knox County Mount Vernon 43050

18 N Main St, Mount Vernon, OH

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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