NOT LISTED FOR SALE

207 E 3rd St Port Clinton, OH 43452

Estimated Value: $97,000 - $197,000

3 Beds
2 Baths
1,806 Sq Ft
$77/Sq Ft Est. Value

Last Sold September 06, 2019

Last sale price $400,000 $221 Per Sq Ft

Current estimated payment $931/month

18 Days on Market

About This Home

As of September 2019

Great Investment opportunity! This is your chance to own a piece of paradise while generating income. 3 multi-unit properties are included for one great price! The first building has 4 units, the 2nd building has 8 units and the third is a 2 unit duplex. The two apartment buildings with brick exteriors, walking distance to Port Clinton and Lake Erie and 100% tenant occupied!! On property laundry, additional storage above laundry room & designated parking lot. Call today to schedule a showing. Owner pays Trash and water for all units.

Last Agent to Sell the Property

Kimberly Coleman

Deleted Agent License #2018003894 Listed on: 07/13/2019

Last Buyer's Agent

Kyle Recker

Howard Hanna License #2015002207

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,464

Year Built

  • Built in 1954

Lot Details

  • 4,700 Sq Ft Lot
  • Unpaved Streets

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 3 Buildings
  • 14 Units

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 021-0693623030000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,464

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Year Built: 1954
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1954

Interior Features

  • Appliances Equipment: Range, Refrigerator, Smoke Detector
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2

Exterior Features

  • Exterior: Brick
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

  • Cooling Type: Wall Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Port Clinton CSD
  • School District: Port Clinton CSD

Lot Info

  • Additional Assessor Parcel Number 1: 0210693625512000
  • Lot Size Units: Acres
  • Acres: 0.1079
  • Parcel Number: 021-0693623030000

Rental Info

  • Owner Pays: Trash Collection

Multi Family

  • Unit Count: 3
  • Num Of Buildings: 3
  • Number of Units: 14
  • Percent Units Occupied: 100

Tax Info

  • Tax: 6464

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2021
Sold by
Classy Homes Llc
Bought by
Cold Creek Apartments Llc
Current Estimated Value
$139,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Outstanding Balance
$713,775
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$571,442

Purchase Details

Listed on
Jul 13, 2019
Closed on
Sep 6, 2019
Sold by
Day & Llc
Bought by
Classy Homes Llc
Seller's Agent
Kimberly Coleman
Deleted Agent
Buyer's Agent
Kyle Recker
Howard Hanna
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-16.27%
Interest Rate
3.49%

Purchase Details

Closed on
Nov 26, 2013
Sold by
Jefferson St Properties Llc
Bought by
Day & Day Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.23%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 24, 2008
Sold by
Greene Carol and Greene Joe E
Bought by
Jefferson St Properties Llc
Source: Public Records

Similar Home in Port Clinton, OH

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
Cold Creek Apartments Llc $745,000 Hartung Title Order
Classy Homes Llc $370,000 --
Day & Day Llc $420,000 Hartung Title
Jefferson St Properties Llc $420,000 Hartung Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cold Creek Apartments Llc $775,000
Previous Owner Classy Homes Llc --
Previous Owner Day & Day Llc $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2019 09/06/19 Sold $400,000 -5.9% $221 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
07/24/2019 07/24/19 Price Changed $425,000 -5.6% $235 / Sq Ft
07/13/2019 07/13/19 For Sale $450,000 -- $249 / Sq Ft
Source: MLS Now

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 $1,869 $52,630 $10,493 $42,137
2023 $1,869 $32,414 $5,999 $26,415
2022 $1,288 $32,414 $5,999 $26,415
2021 $1,256 $32,410 $6,000 $26,410
2020 $1,044 $28,230 $3,900 $24,330
2019 $1,034 $28,230 $3,900 $24,330
2018 $1,032 $28,230 $3,900 $24,330
2017 $1,042 $28,000 $5,970 $22,030
2016 $1,044 $28,000 $5,970 $22,030
2015 $1,048 $28,000 $5,970 $22,030
2014 $891 $23,590 $3,900 $19,690
2013 $891 $23,590 $3,900 $19,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4115214

MLS Now

APN: 021-0693623030000