NOT LISTED FOR SALE

245 Lexington Ave Mansfield, OH 44907

Estimated Value: $96,868

3 Beds
2 Baths
-- Sq Ft
5,852 Sq Ft Lot

Last Sold June 12, 2014

Last sale price $45,500

Est. 113% increase in value since last sale

Current estimated payment $669/month

385 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Paddle Fans
  • Eat-In Kitchen
  • 3 Car Garage

About This Home

As of June 2014

Continuous rental with good tenants. Well maintained brick. Updates: two furnaces, newer roof, and carpet. Has a finished walk out lower level for a business opportunity or transform into third rental. Zoning is B-2. Each unit has its own garage space! Upstairs apt. has decent floored attic space (unheated). Bathtubs have nice surrounds with grab bars.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,592

Year Built

  • Built in 1946

Lot Details

  • 5,852

Parking

  • 3 Car Garage
  • Open Parking

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • Paddle Fans
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Septic Tank

Additional Features

  • 5,852 Sq Ft Lot
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 0270717016000

Community Details

Overview

  • 3 Units

Building Details

  • Water Sewer Expense $454
  • Net Operating Income $5,148

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,592

Year Built

Built in 1946

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1343
  • Lot Size: 44 x 133
  • Road Surface Type: Paved
  • Directions: Corner of Lexington Ave & Massa Ave.
  • Carport Y N: No
  • Garage Yn: Yes
  • Structure Type: Onsite Built, Three Unit
  • Year Built: 1946
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: Partial
  • Total Bedrooms: 3
  • Flooring: Hardwood, Wall/Wall Carpet
  • Interior Amenities: Paddle Fans, Eat-in Kitchen, Other-See Remarks

Exterior Features

  • Lot Features: City Lot
  • Disclosures: Property Disclosure
  • Home Warranty: No
  • Construction Type: Brick

Garage/Parking

  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Concrete, 1 Space, Garage
  • Total Parking Spaces: 1

Utilities

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

Fee Information

  • Annual Water Sewer Expense: 454

Schools

  • Junior High Dist: Mansfield City School District

Lot Info

  • Lot Size Sq Ft: 5852
  • Farm Land Area Units: Square Feet
  • Parcel #: 0270717016000
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 3
  • Property Net Operating Income: 5148

Tax Info

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2022
Sold by
Edwards Nicholas S
Bought by
Edwardz Properties Llc
Current Estimated Value
$96,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Outstanding Balance
$116,741
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
-$21,084

Purchase Details

Listed on
Apr 19, 2013
Closed on
Jun 10, 2014
Sold by
H H Isle Llc
Bought by
Edwards Nicholas S
List Price
$50,000
Sold Price
$45,500
Premium/Discount to List
-$4,500
-9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%
Original Mortgage
$36,400
Interest Rate
4.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 27, 2011
Sold by
Smith Steven M and Smith Brenda Roman
Bought by
H H Isle Llc

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
Interest Rate
4.84%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 29, 2010
Sold by
Smith Donald E
Bought by
Smith Steven M

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
Interest Rate
4.84%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 31, 2008
Sold by
Estate Of Dorothy J Smith
Bought by
Smith Donald E

Purchase Details

Closed on
Mar 20, 1992
Sold by
Smith Louise E
Bought by
Smith Donald E
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 Buyer Sale Price Title Company
Edwardz Properties Llc $125 Chicago Title
Edwards Nicholas S $45,500 Barrister Title Group
H H Isle Llc -- Attorney
Smith Steven M $100,000 Attorney
Smith Donald E -- None Available
Smith Donald E $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwardz Properties Llc $126,400
Previous Owner Edwards Nicholas S $36,400
Previous Owner H H Isle Llc $100,000
Previous Owner Smith Donald E $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2014 06/12/14 Sold $45,500 -9.0% --
05/13/2014 05/13/14 Pending -- -- --
04/22/2013 04/22/13 For Sale $50,000 -- --
Source: Mansfield 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 $1,592 $22,400 $7,920 $14,480
2023 $1,592 $22,400 $7,920 $14,480
2022 $1,591 $19,800 $7,200 $12,600
2021 $1,598 $19,800 $7,200 $12,600
2020 $1,623 $19,800 $7,200 $12,600
2019 $1,697 $19,800 $7,200 $12,600
2018 $1,690 $19,800 $7,200 $12,600
2017 $1,591 $19,800 $7,200 $12,600
2016 $1,521 $17,850 $7,200 $10,650
2015 $1,521 $17,850 $7,200 $10,650
2014 $1,445 $17,850 $7,200 $10,650
2012 $1,086 $32,480 $7,200 $25,280
Source: Public Records

Map

Source: Mansfield Association of REALTORS®

MLS Number: 9022956

Mansfield Association of REALTORS®

APN: 027-07-170-16-000