NOT LISTED FOR SALE

2507 E State St Unit 1 Fremont, OH 43420

Estimated Value: $240,000 - $475,843

2 Beds
2 Baths
1,504 Sq Ft
$232/Sq Ft Est. Value

Last Sold January 12, 2018

Last sale price $158,000 $105 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $2,179/month

27 Days on Market

Highlights

  • 20.74 Acre Lot
  • Attic
  • Fireplace
  • Farm
  • 6 Car Detached Garage
  • Window Unit Cooling System

About This Home

As of January 2018

20.74 ACRES OF POTENTIAL INCOME! There is a duplex, 2 story brick home, mobile home on 2 acres currently being rented. Plus additional 18.74 acres of farm land currently rented by area farmer. Great income potential!

Last Agent to Sell the Property

Kelly Overmeyer

Wendt Key Team Realty Ltd License #2001009153 Listed on: 10/03/2017

Last Buyer's Agent

Kelly Overmeyer

Wendt Key Team Realty Ltd License #2001009153 Listed on: 10/03/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,059

Year Built

  • Built in 1970

Lot Details

  • 20.74 Acre Lot
  • Fenced
  • Rectangular Lot

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,504 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Carpet
  • Basement Fills Entire Space Under The House
  • Attic

Parking

  • 6 Car Detached Garage
  • Garage Door Opener
  • Shared Driveway

Schools

  • Atkinson Elementary School
  • Fremont Ross High School

Farming

  • Farm

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • 3 Buildings
  • 5 Units

Listing and Financial Details

  • Tenant pays for grounds care, snow removal
  • The owner pays for insurance
  • Assessor Parcel Number 10-01-00-0063-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,059

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1970
  • Lot Size Acres: 20.74
  • Lot Size: 903,434
  • Inclusions: ,,
  • Subdivision Name: None
  • Garage Yn: Yes
  • Unit Levels: Two
  • Structure Type: Other
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour

Interior Features

  • Stories: 2
  • Flooring: Carpet
  • Fireplace: Yes
  • Number Of Buildings: 3
  • Owner Pays: Insurance, Other
  • Has Basement: Full
  • Basement YN: Yes
  • Interior Amenities: Attic, Fireplace, Cable TV
  • Living Area: 1504.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Lot Features: Farm, Rectangular Lot
  • Disclosures: Lead Based Paint Disclosure, Sellers Disclosure Not Available
  • Construction Type: Brick, Other
  • Exterior Features: Fence
  • Foundation Details: Basement

Garage/Parking

  • Parking Features: Asphalt, Driveway, Detached, Garage, Shared Driveway, Garage Door Opener
  • Total Parking Spaces: 6.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Septic Tank
  • Appliances: Electric Water Heater
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Water Source: Well

Schools

  • Junior High Dist: Fremont

Lot Info

  • Parcel #: 10-01-00-0063-00
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other
  • Tenant Pays: Grounds Care, Snow Removal

Multi Family

  • Number Of Units Total: 5
  • Total Actual Rent: 800.0

MLS Schools

  • Elementary School: Atkinson
  • HighSchool: Fremont Ross

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2017
Closed on
Jan 10, 2018
Sold by
Slager Christina Joie and Paula J Schreyer Trust
Bought by
Decker Isaac N
Seller's Agent
Kelly Overmeyer
Wendt Key Team Realty Ltd
Buyer's Agent
Kelly Overmeyer
Wendt Key Team Realty Ltd
List Price
$185,000
Sold Price
$158,000
Premium/Discount to List
-$27,000
-14.59%
Current Estimated Value
$336,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,258
Avg. Annual Appreciation
8.08%
Original Mortgage
$125,000
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 1, 1986
Bought by
Schreyer Paula J Trustee
Source: Public Records

Range of Values:

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Average Value
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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
Decker Isaac N $158,000 First American Title
Schreyer Paula J Trustee $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Decker Isaac N $75,000
Closed Decker Isaac $90,000
Closed Decker Isaac N $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2018 01/12/18 Sold $158,000 -14.6% $105 / Sq Ft
10/30/2017 10/30/17 Pending -- -- --
10/03/2017 10/03/17 For Sale $185,000 -- $123 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

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 $4,059 $141,020 $71,890 $69,130
2023 $4,059 $95,970 $39,760 $56,210
2022 $3,249 $70,700 $39,760 $30,940
2021 $2,211 $70,700 $39,760 $30,940
2020 $2,277 $64,650 $36,330 $28,320
2019 $2,279 $64,750 $36,330 $28,420
2018 $3,234 $111,130 $56,420 $54,710
2017 $3,358 $106,230 $55,090 $51,140
2016 $2,953 $106,230 $55,090 $51,140
2015 $2,899 $106,230 $55,090 $51,140
2014 $2,745 $94,500 $41,860 $52,640
2013 $2,688 $94,500 $41,860 $52,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6016267

Northwest Ohio Real Estate Information Service (NORIS)

APN: 10-01-00-0063-00