NOT LISTED FOR SALE

Estimated Value: $98,000

-- Bed
-- Bath
2,968 Sq Ft
$33/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $68,000 $23 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $545/month

115 Days on Market

About This Home

As of March 2023

Great Opportunity for this Quadplex! 1 unit needs major Reno, 3 others needing just minor & cosmetic repair. This Property needs a lot of work, but is priced accordingly to be an excellent cap rate after renovation for rent and hold or flip potential! Schedule your showing today, BATVAI.

Last Agent to Sell the Property

Zachary Hubbell

Wiens & Roth Real Estate Brokerage Phone: (419) 508-4842 License #2014004473 Listed on: 11/28/2022

Last Buyer's Agent

Zachary Hubbell

Wiens & Roth Real Estate Brokerage Phone: (419) 508-4842 License #2014004473 Listed on: 11/28/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $140

Year Built

  • Built in 1909

Lot Details

  • 5,519 Sq Ft Lot
  • Rectangular Lot

Home Design

  • Shingle Roof
  • Aluminum Siding
  • Steel Siding

Interior Spaces

  • 2,968 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • Driveway
  • Parking Lot

Schools

  • Burroughs Elementary School
  • Bowsher High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • 4 Units
  • 3 Leased Units

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • The owner pays for common area maintenance, grounds care, insurance, taxes, trash collection, water
  • Assessor Parcel Number 03-08491

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$140

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1909
  • Lot Size Acres: 0.1267
  • Lot Size: 5,519
  • Inclusions: ,,
  • Subdivision Name: Other
  • Unit Levels: Two
  • Structure Type: Apartment
  • Property Sub Type Additional: Multi Family
  • Attribution Contact: (419) 508-4842
  • Special Features: VirtualTour

Interior Features

  • Stories: 2
  • Number Of Buildings: 1
  • Owner Pays: Common Area Maintenance, Grounds Care, Insurance, Taxes, Trash Collection, Water
  • Has Basement: Full
  • Basement YN: Yes
  • Interior Amenities: Electric Range Connection
  • Living Area: 2968.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Lot Features: Multiple lots, Rectangular Lot
  • Disclosures: Lead Based Paint Disclosure, Sellers Disclosure Not Available
  • Construction Type: Aluminum Siding, Steel Siding
  • Foundation Details: Basement

Garage/Parking

  • Parking Features: Concrete, Driveway, Parking Lot
  • Total Parking Spaces: 6.0

Utilities

  • Heating: Electric, Forced Air
  • Sewer: Sanitary
  • Appliances: Electric Water Heater
  • Cooling: None
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Toledo

Lot Info

  • Parcel #: 03-08491
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity, Gas, Heat

Multi Family

  • Number Of Units Total: 4
  • Number Of Units Leased: 3

MLS Schools

  • Elementary School: Burroughs
  • HighSchool: Bowsher

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2024
Sold by
Ramsay Rachel and Ramsay Tyson
Bought by
Amalfi Properties Llc
Current Estimated Value
$98,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Outstanding Balance
$156,004
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
-$34,004

Purchase Details

Listed on
Nov 28, 2022
Closed on
Mar 24, 2023
Sold by
Karcher Richard A
Bought by
Ramsay Rachel and Ramsay Tyson
Seller's Agent
Zachary Hubbell
Wiens & Roth Real Estate
Buyer's Agent
Zachary Hubbell
Wiens & Roth Real Estate
List Price
$75,000
Sold Price
$68,000
Premium/Discount to List
-$7,000
-9.33%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.94%

Purchase Details

Closed on
May 12, 2003
Sold by
Powell Elaine and Powell Elaine R
Bought by
Houghtlen Larry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
5.95%
Mortgage Type
Commercial
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
Amalfi Properties Llc -- Louisville Title
Ramsay Rachel $68,000 Louisville Title
Houghtlen Larry A $39,000 Louisville Title Agency For
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amalfi Properties Llc $157,500
Previous Owner Houghtlen Larry A $67,500
Previous Owner Houghtlen Larry A $49,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2023 03/24/23 Sold $68,000 -9.3% $23 / Sq Ft
11/28/2022 11/28/22 For Sale $75,000 -- $25 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

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 $140 $1,575 $1,575 --
2023 $239 $1,085 $1,085 $0
2022 $232 $1,085 $1,085 $0
2021 $229 $1,085 $1,085 $0
2020 $246 $1,015 $1,015 $0
2019 $239 $1,015 $1,015 $0
2018 $238 $1,015 $1,015 $0
2017 $324 $1,960 $1,960 $0
2016 $339 $5,600 $5,600 $0
2015 $340 $5,600 $5,600 $0
2014 $174 $1,960 $1,960 $0
2013 $174 $1,960 $1,960 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6096032

Northwest Ohio Real Estate Information Service (NORIS)

APN: 03-08491