NOT LISTED FOR SALE

23 E Smiley Ave Shelby, OH 44875

Estimated Value: $126,000 - $170,000

6 Beds
2 Baths
2,168 Sq Ft
$68/Sq Ft Est. Value

Last Sold February 04, 2020

Last sale price $72,000 $33 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $864/month

11 Days on Market

About This Home

As of February 2020

Exceptionally nice duplex in Shelby. Unit 1 has good tenants-leased until 12/31/20. Very clean. Rent $510. Unit 2 - Vacant. Tenant of 7 years recently moved out. New carpet and luxury vinyl plank flooring. Professionally painted. Rent $525 or owner can live in that side. Both sides have laundry room. Vinyl windows 5 years old, electric water heaters 2 months and 6 months old. Seller owned refrigerators and stoves stay with the property. Tenants pay all utilities except trash. Storage sheds.

Last Agent to Sell the Property

Cynthia Friebel

Wilson Family Realty Listed on: 12/30/2019

Last Buyer's Agent

NON MEMBER

NON MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $954

Year Built

  • Built in 1900

Lot Details

  • 0.36 Acre Lot
  • Additional Parcels

Home Design

  • 2,168 Sq Ft Home
  • Duplex
  • Frame Construction
  • Vinyl Siding

Laundry

  • Washer and Dryer Hookup

Parking

  • 3 Parking Spaces
  • On-Street Parking
  • Off-Street Parking: 1

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 046-08-138-11-000

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $585
  • Operating Expense $1,400
  • Gross Income $12,420
  • Net Operating Income $10,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$954

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2018
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.36
  • Total Gross Income: 12420.0
  • Co List Office Phone: 419-528-5500
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 34.55
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 12420.0
  • Annual Expenses: 1400.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2168.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Air Conditioning None3: Yes
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Trash2: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes
  • Construction:Vinyl Siding2: Yes

Garage/Parking

  • Total Parking Spaces: 3.0
  • Parking Features On Street2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Heating: Forced Air
  • Cooling: None
  • Cooling Y N: No
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: SHELBY CSD 7008 RIC CO.

Lot Info

  • Parcel Number: 046-08-138-11-000
  • Lot Size Sq Ft: 15681.6
  • Additional Parcels Description: 046-08-126-07-001
  • Additional Parcels: Yes

Rental Info

  • Owner Pays: Trash Collection

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 585.0
  • Net Operating Income: 10400.0
  • Annual Operating Expense: 1400.0

Tax Info

  • Tax Annual Amount: 954.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2019
Closed on
Feb 4, 2020
Sold by
Care Free Properties Of Ohio Llc
Bought by
Pheils Lyle and Pheils Kristen A
Seller's Agent
Cynthia Friebel
Wilson Family Realty
Buyer's Agent
NON MEMBER
NON MEMBER OFFICE
List Price
$74,900
Sold Price
$72,000
Premium/Discount to List
-$2,900
-3.87%
Current Estimated Value
$146,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,799
Avg. Annual Appreciation
12.67%
Original Mortgage
$54,000
Outstanding Balance
$42,594
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$104,205

Purchase Details

Closed on
Jul 28, 2009
Sold by
Fannie Mae
Bought by
Care Free Properties Of Ohio Llc

Purchase Details

Closed on
Jun 8, 2009
Sold by
Marino Joseph F
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 18, 1996
Sold by
Shasky Harold J
Bought by
Roub Constance M and Roub Charles E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
7.06%
Mortgage Type
New Conventional
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

Date Buyer Sale Price Title Company
Pheils Lyle $72,000 Barrister Title Group
Care Free Properties Of Ohio Llc $25,000 Accutitle Agency Inc
Federal National Mortgage Association $36,000 None Available
Roub Constance M $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pheils Lyle $54,000
Previous Owner Roub Constance M $27,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2020 02/04/20 Sold $72,000 -3.9% $33 / Sq Ft
01/07/2020 01/07/20 Pending -- -- --
12/27/2019 12/27/19 For Sale $74,900 -- $35 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

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 $1,226 $31,300 $580 $30,720
2023 $1,226 $31,300 $580 $30,720
2022 $1,166 $26,630 $600 $26,030
2021 $1,167 $26,630 $600 $26,030
2020 $1,168 $26,630 $600 $26,030
2019 $963 $20,140 $500 $19,640
2018 $954 $20,140 $500 $19,640
2017 $945 $20,140 $500 $19,640
2016 $916 $19,650 $4,820 $14,830
2015 $912 $19,650 $4,820 $14,830
2014 $881 $19,650 $4,820 $14,830
2012 $457 $20,690 $5,080 $15,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219046123

Columbus and Central Ohio Regional MLS

APN: 046-08-138-11-000