$250,000
SOLD AUG 13, 2021

21 W Main St Madison, OH 44057

6 Beds
6.5 Baths
6,464 Sq Ft
0.41 Acres

Recently Sold

$39 Per Sq Ft

14% Below List Price

48 Days on Market

About This Home

As of June 2023

Excellent investment opportunity in downtown Madison Village. This historic structure offer multi-uses. Currently utilized as 4 Residential Apartments & 2 Commercial spaces. On-site private & street parking. Short walk to downtown restaurants, shopping, Community Park & other amenities.

Last Agent to Sell the Property

Michael Warren

Howard Hanna License #2007000330 Listed on: 04/21/2021

Howard Hanna

Co-Listed By

Jan Warren

Deleted Agent License #268167

Last Buyer's Agent

Deborah Dynes

Coldwell Banker Schmidt Realty License #315199

Coldwell Banker Schmidt Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,978

Year Built

  • Built in 1830

Lot Details

  • 0.41 Acre Lot

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 6,464 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • Baseboard Heating
  • Heating System Uses Gas

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 02-A-009-A-00-035-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,978

Year Built

Built in 1830

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Price Per Square Foot: 38.68
  • Estimated Price per Sq Ft: 38.68
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 6464
  • Year Built: 1830
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1830

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 7.00
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Basement Detail: Full, Unfinished
  • Sq Ft Approx Above Grade Finished: 6464.00
  • Sq Ft Approx Total Finished: 6464.00

Exterior Features

  • Exterior: Vinyl, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

  • Heating Fuel: Electric, Gas
  • Heating Type: Baseboard
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Madison LSD
  • School District: Madison LSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.4091
  • Parcel Number: 02-A-009-A-00-035-0

Rental Info

  • Owner Pays: Sewer, Water

Multi Family

  • Unit Count: 4
  • Num Of Buildings: 1
  • Number of Units: 4

Tax Info

  • Tax: 5978

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
May 30, 2023
Sold by
21 West Main Llc
Bought by
Sk Property Management Llc
Seller's Agent
William Bissett
HomeSmart Real Estate Momentum LLC
Buyer's Agent
Michael Warren
Howard Hanna
List Price
$30,000
Sold Price
$27,500
Premium/Discount to List
-$2,500
-8.33%
Views
177
Current Estimated Value
$31,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,158
Avg. Annual Appreciation
5.56%
Original Mortgage
$22,000
Outstanding Balance
$20,896
Interest Rate
6.43%
Mortgage Type
Credit Line Revolving
Estimated Equity
$10,013

Purchase Details

Listed on
Apr 21, 2021
Closed on
Aug 11, 2021
Sold by
Behm Timothy E and Behm Jeanette D
Bought by
21 West Main Llc
Seller's Agent
Michael Warren
Howard Hanna
Buyer's Agent
Deborah Dynes
Coldwell Banker Schmidt Realty
List Price
$289,900
Sold Price
$250,000
Premium/Discount to List
-$39,900
-13.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-70.26%
Original Mortgage
$187,500
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 4, 1999
Sold by
Klingbeil James D Tr
Bought by
Behm Timothy E

Purchase Details

Closed on
Oct 9, 1985
Bought by
Klingbeil James D Tr
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 Type Sale Price Title Company
Warranty Deed $27,500 None Listed On Document
Warranty Deed $250,000 None Available
Warranty Deed $225,000 Bates Title Corp
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $22,000 Credit Line Revolving
Previous Owner $187,500 Commercial
Previous Owner $210,000 Credit Line Revolving
Previous Owner $60,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2023 06/07/23 Sold $27,500 -8.3% $4 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $30,000 -88.0% $5 / Sq Ft
08/13/2021 08/13/21 Sold $250,000 -13.8% $39 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $289,900 -- $45 / 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
2023 $1,318 $12,220 $11,590 $630
2022 $2,380 $27,630 $11,590 $16,040
2021 $5,945 $75,770 $11,590 $64,180
2020 $5,978 $75,770 $11,590 $64,180
2019 $5,997 $75,770 $11,590 $64,180
2018 $2,029 $62,480 $11,590 $50,890
2017 $5,087 $62,480 $11,590 $50,890
2016 $4,779 $62,480 $11,590 $50,890
2015 $4,333 $62,480 $11,590 $50,890
2014 $4,389 $62,480 $11,590 $50,890
2013 $4,149 $62,480 $11,590 $50,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4272370

MLS Now

APN: 02-A-009-A-00-035