NOT LISTED FOR SALE

23 Marvin Ave Shelby, OH 44875

Estimated Value: $152,000 - $255,000

4 Beds
4 Baths
4,437 Sq Ft
$41/Sq Ft Est. Value

Sale Details

Date Sold: May 25, 2016

Last sale price $78,000 $18 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $1,197 / mo

15 Days on Market

Highlights

  • 0.86 Acre Lot
  • Wood Siding
  • 4-minute walk to Larry Siegfried Park
  • Forced Air Heating System

About This Home

As of May 2016

Four unit fully occupied rental property located in Shelby. Two furnace's updated in mid 2000's, two newer hot water heaters in mid 2000's. Updated electric service with circuit breakers to all units. Off street parking for all tenants, small storage shed on back of property for mowers/tools. Large yard surrounding the property, sandstone porch on the front of home. Many Victorian details create a unique feeling to the home including stained glass windows.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1879

Lot Details

  • 0.86

Home Design

  • Quadruplex
  • Wood Siding

Interior Spaces

  • 4 Bedrooms
  • 3-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Parking

  • 2 Parking Spaces
  • Open Parking
  • Parking Lot

Utilities

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

Additional Features

  • 37,596 Sq Ft Lot
  • City Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 0460816606000

Property Details

Home Type

Multi-Family

Year Built

Built in 1879

Lot Details

0.86 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.8631
  • Lot Size: 156 x 241
  • Directions: From west main street in downtown Shelby, go north on S.R.61 (Gamble street) and take immediate left (west) over railroad track crossing onto Marvin. Property is 7th home on the right.
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 3
  • Structure Type: Onsite Built, Four Unit
  • Year Built: 1879
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: Full
  • Total Bedrooms: 4

Exterior Features

  • Lot Features: City Lot
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Other Structures: Garden Shed

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Gravel, 2 Spaces, Parking Lot
  • Total Parking Spaces: 2

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Natural Gas, Radiant
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: Shelby City Schools

Lot Info

  • Lot Size Sq Ft: 37596
  • Farm Land Area Units: Square Feet
  • Parcel #: 0460816606000
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 4

Tax Info

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2023
Sold by
Rader Family Trust
Bought by
Birchwood Homes Llc
Current Estimated Value
$182,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$96,499
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$85,725

Purchase Details

Listed on
Apr 23, 2016
Closed on
May 25, 2016
Sold by
Sellers Caroline J and Hemmerly Caroline J
Bought by
Rader Rader J and Rader Patricia B
List Price
$79,900
Sold Price
$78,000
Premium/Discount to List
-$1,900
-2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%

Purchase Details

Closed on
Jun 1, 1988
Source: Public Records
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

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
Birchwood Homes Llc $125,000 Stonegate Title
Rader Rader J $78,000 Chicago Title
-- $54,000 --
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
Open Birchwood Homes Llc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2016 05/25/16 Sold $78,000 -2.4% $18 / Sq Ft
05/11/2016 05/11/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $79,900 -- $18 / Sq Ft
Source: Mansfield Association of REALTORS®

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
2025 $2,695 $72,320 $11,730 $60,590
2024 $2,695 $72,320 $11,730 $60,590
2023 $2,764 $72,320 $11,730 $60,590
2022 $1,931 $45,190 $11,870 $33,320
2021 $1,932 $45,190 $11,870 $33,320
2020 $1,934 $45,190 $11,870 $33,320
2019 $1,792 $38,420 $10,060 $28,360
2018 $1,775 $38,420 $10,060 $28,360
2017 $1,758 $38,420 $10,060 $28,360
2016 $1,355 $29,800 $10,060 $19,740
2015 $1,347 $29,800 $10,060 $19,740
2014 $1,301 $29,800 $10,060 $19,740
2012 $1,292 $60,140 $10,060 $50,080
Source: Public Records

Map

Source: Mansfield Association of REALTORS®

MLS Number: 9033095

Mansfield Association of REALTORS®

APN: 046-08-166-06-000

Your Personal Tour Guide

Ask me questions while you tour the home.