NOT LISTED FOR SALE
Studio
1 Bath
7,680 Sq Ft
0.47 Acre Lot

Sale Details

Date Sold: August 31, 2021

Last sale price $192,000 $25 Per Sq Ft

125 Days on Market

Highlights

  • Built in 1900 | Newly Remodeled
  • Heating System Uses Natural Gas
  • 2-minute walk to Lord's Park
  • Corner Lot

About This Home

As of August 2021

Great investment opportunity in Ottawa,Ohio. Very well maintained 2 story building with 4 apartments and dance studio. Long-time established tenants. Proven income with posiitive cash flow. Each apartments offers 2 bedrooms, 1 bath and includes kitchen appliances. Common laundry room for tenants. Dance studio has had recent updates to bathrooms and flooring. Roof is approximately 20 years and well maintained. No flood zone as sellers obtained a letter of map amendment (LOMA) to remove building from flood zone. 2 garages for storage. Income and expense available upon request.

Last Agent to Sell the Property

Susan Schroeder

ERA Geyer-Noakes Realty Group License #0000318522 Listed on: 03/17/2021

Last Buyer's Agent

Susan Schroeder

ERA Geyer-Noakes Realty Group License #0000318522 Listed on: 03/17/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,470

Year Built

  • Built in 1900 | Newly Remodeled

Lot Details

  • 20,630 Sq Ft Lot
  • Lot Dimensions are 120x165
  • Corner Lot

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Concrete Block And Stucco Construction
  • Lead Paint Disclosure

Interior Spaces

  • 7,680 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Laundry

  • Dryer
  • Washer

Parking

  • 10 Parking Spaces
  • Alley Access
  • Driveway
  • Parking Lot

Schools

  • Ottawa Elementary School
  • Ottawa - Glandorf High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Electric Water Heater

Community Details

  • 5 Units

Listing and Financial Details

  • Total Actual Rent $2,750
  • Tenant pays for electricity
  • The owner pays for insurance, lawn care, sewer, snow removal, taxes, trash collection, water
  • Assessor Parcel Number 32-005090-0000
  • $20 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,470

Year Built

Built in 1900 | Newly Remodeled

Lot Details

0.47 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1900
  • Lot Size Acres: 0.47
  • Lot Size: 120x165
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Carport Y N: No
  • New Construction: Yes
  • Status Change Information: Status Change Timestamp: 2021-08-31
  • Address: Parcel Number: 32-005090-0000
  • Tax Legal: High School: Ottawa - Glandorf
  • Lot: Lot Size Acres: 0.4736
  • Lot: Lot Size Square Feet: 20630.0
  • Lot: Lot Size Dimensions: 120x165
  • Appliances: Dryer: Yes
  • Appliances: Water Heater: Yes
  • Foundation Details: Crawl Space: Yes
  • Tax Legal: Elementary/Primary School: Ottawa
  • Sewer: Sanitary Sewer: Yes
  • Electric: Circuit Breakers: Yes
  • Water Heater: Electric: Yes
  • Appliances: Washer: Yes
  • Lot Features: Corner Lot: Yes
  • Foundation Details: Slab: Yes
  • Tax Legal: 6 Months Special Assessment Tax: 19.52
  • Tax Legal: 6 Months Total Tax: 735.03
  • AssociationCommunity: Number Of Buildings: 1.0
  • AssociationCommunity: Number Of Units Total: 5.0
  • Income and Expenses: Total Actual Rent: 2750.0
  • Lease Term Options: Month To Month: Yes
  • Special Features: 4098

Interior Features

  • Number Of Buildings: 1
  • Owner Pays: Insurance, Lawn Care, Sewer, Snow Removal, Taxes, Trash Collection, Water
  • Stories: 2
  • Interior: Living Area: 7680.0

Exterior Features

  • Roof: Flat
  • Lot Features: Corner Lot
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Concrete
  • Foundation Details: Crawl Space, Slab
  • Roof: Flat: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, Parking Lot, Alley Access, Driveway
  • Total Parking Spaces: 10.0
  • Parking Information: Carport YN: No
  • Parking Features: Driveway: Yes
  • Parking Features: Alley Access: Yes
  • Parking Features: Parking Lot: Yes

Utilities

  • Heating: Electric, Natural Gas, Radiant
  • Sewer: Sanitary Sewer
  • Appliances: Water Heater, Dryer, Refrigerator, Washer
  • Cooling: None
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Water Source: Public
  • Water Source: Public: Yes
  • Heating: Natural Gas: Yes
  • Heating: Electric: Yes
  • Heating: Radiant: Yes

Schools

  • Junior High Dist: Ottawa - Glandorf

Lot Info

  • Lot Size Sq Ft: 20630.0
  • Parcel #: 32-005090-0000

Rental Info

  • Lease Term: ["Month To Month"]
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 5
  • Total Actual Rent: 2750.0

MLS Schools

  • Elementary School: Ottawa
  • HighSchool: Ottawa - Glandorf

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
Aug 27, 2021
Sold by
Bought by
Seller's Agent
Susan Schroeder
ERA Geyer-Noakes Realty Group
Buyer's Agent
Susan Schroeder
ERA Geyer-Noakes Realty Group
List Price
$237,000
Sold Price
$192,000
Premium/Discount to List
-$45,000
-18.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,469
Interest Rate
0.027%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $72,469
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/31/2021 08/31/21 Sold $192,000 -19.0% $25 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $237,000 -- $31 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,586 $64,080 $12,350 $51,730
2024 $2,463 $64,080 $12,350 $51,730
2023 $2,527 $32,700 $9,700 $23,000
2022 $1,432 $32,698 $9,699 $22,999
2021 $1,441 $32,700 $9,700 $23,000
2020 $1,470 $34,620 $8,820 $25,800
2019 $1,470 $32,700 $9,700 $23,000
2018 $1,425 $32,700 $9,700 $23,000
2017 $1,523 $32,700 $9,700 $23,000
2016 $1,523 $34,620 $8,820 $25,800
2015 $1,532 $34,620 $8,820 $25,800
2014 $1,533 $34,620 $8,820 $25,800
2013 $1,483 $34,620 $8,820 $25,800
Source: Public Records

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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6067672

Northwest Ohio Real Estate Information Service (NORIS)

APN: 32-005090-0000

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