NOT LISTED FOR SALE

228 E Madison St Sandusky, OH 44870

Estimated Value: $158,000 - $224,935

6 Beds
2 Baths
2,212 Sq Ft
$86/Sq Ft Est. Value

Last Sold November 09, 2022

Last sale price $152,000 $69 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,247/month

4 Days on Market

About This Home

As of November 2022

Well maintained Sandusky Duplex, 3 Bedroom up and 3 Bedroom down. Tenants pay gas, electric and garbage. Owner pays water. Both units have central AC, newer furnaces, newer vinyl windows, plenty of storage and so much more. Great investment opportunity or an ideal place for owner occupied.

Last Agent to Sell the Property

Jeff Smith

BHHS Professional Realty License #2016001649 Listed on: 10/04/2022

BHHS Professional Realty

Co-Listed By

Default zSystem

zSystem Default

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,824

Year Built

  • Built in 1923

Lot Details

  • 3,010 Sq Ft Lot

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 5601127.000

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $5,112
  • Gross Income $19,500
  • Net Operating Income $14,388

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,824

Year Built

Built in 1923

Lot Details

0

Listing Details

  • PropertySubType: Duplex
  • PropertyType: Residential Income
  • Lot Size Acres: 0.0691
  • Total Gross Income: 19500
  • MLS Status: Sold
  • ResoBuildingAreaSource: Public Records
  • Unit Levels: Two
  • Year Built: 1923
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Basement

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
  • Water Source: Public

Schools

  • Junior High Dist: Sandusky

Lot Info

  • Lot Size Sq Ft: 3009.996
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 5601127.000
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 14388
  • Annual Operating Expense: 5112

Tax Info

  • Tax Annual Amount: 1823.7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2021
Sold by
Zellers Norman J and Zellers Anthony N
Bought by
Now Ohio Properties Llc
Current Estimated Value
$189,984

Purchase Details

Closed on
Jan 12, 1998
Sold by
Keegan Dean
Bought by
Zellers Norman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.26%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Now Ohio Properties Llc $110,000 None Available
Zellers Norman $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emil Investments Llc $120,000
Previous Owner Zellers Norman J $12,000
Previous Owner Zellers Norman J $47,600
Previous Owner Zellers Norman $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2022 11/09/22 Sold $152,000 +1.4% $69 / Sq Ft
10/08/2022 10/08/22 Pending -- -- --
10/04/2022 10/04/22 For Sale $149,900 -- $68 / Sq Ft
Source: Firelands Association of REALTORS®

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 $2,644 $67,140 $3,493 $63,647
2023 $2,644 $46,690 $2,758 $43,932
2022 $1,764 $33,950 $2,758 $31,192
2021 $1,737 $33,950 $2,760 $31,190
2020 $1,755 $31,530 $2,760 $28,770
2019 $1,804 $31,530 $2,760 $28,770
2018 $1,806 $31,530 $2,760 $28,770
2017 $1,701 $29,590 $3,220 $26,370
2016 $1,700 $29,590 $3,220 $26,370
2015 $1,540 $29,590 $3,220 $26,370
2014 $1,455 $28,130 $3,220 $24,910
2013 $1,441 $28,130 $3,220 $24,910
Source: Public Records

Agents Affiliated with this Home

  • Jeff Smith

    Seller's Agent in 2022

    Jeff Smith

    BHHS Professional Realty

    (419) 239-3472

    186 in this area

    226 Total Sales

    Jeff Smith
    Section Image

  • D

    Seller Co-Listing Agent in 2022

    Default zSystem

    zSystem Default

See All Agents

Map

Source: Firelands Association of REALTORS®

MLS Number: 20223980

APN: 56-01127-000

Ohio Erie County Sandusky 44870

228 E Madison St, Sandusky, OH

This home is located at 228 E Madison St, Sandusky, OH 44870 since 04 October 2022 and is currently estimated at $189,984, approximately $85 per square foot. This property was built in 1923. 228 E Madison St is a home located in Erie County with nearby schools including Sandusky High School, Monroe Preparatory Academy, and Sandusky Central Catholic School.

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.

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.

The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Nearby Homes