NOT LISTED FOR SALE

29 2nd St Shelby, OH 44875

Estimated Value: $99,009

6 Beds
3 Baths
1,996 Sq Ft
$50/Sq Ft Est. Value

Sale Details

Date Sold: October 12, 2020

Last sale price $50,000 $25 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $616 / mo

259 Days on Market

About This Home

As of October 2020

Three unit brick apartment building consisting of a two-bedroom unit upstairs and two (2) one-bedroom units downstairs. Currently vacant. Typically rents for around $1200 per month total. Sale includes additional two (2) unit apartment building on the rear of the property that needs completely renovated. Those units should rent out for at least $500 per month. Includes appliances, stove, refrigerator, washer/dryer each unit.

Last Agent to Sell the Property

Michael Lerner

The Buyer's Advocate, Inc. Listed on: 11/11/2019

Last Buyer's Agent

NON MEMBER

NON MEMBER OFFICE

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,047

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Additional Parcels

Parking

  • Shared Driveway

Home Design

  • 1,996 Sq Ft Home
  • Brick Exterior Construction

Laundry

  • Washer and Dryer Hookup

Utilities

  • Window Unit Cooling System
  • Radiant Heating System

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 046-08-121-12-000

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $1,797
  • Gross Income $7,725
  • Net Operating Income $5,928

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,047

Year Built

Built in 1900

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2018
  • Property Sub-Type: Apartment
  • Lot Size Acres: 0.14
  • Total Gross Income: 7725.0
  • Co List Office Phone: 614-221-7252
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 35.02
  • Remarks Misc Hot Sheet Comments: price
  • Income Expenses Gross Income: 7725.0
  • Annual Expenses: 1797.0
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 1996.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous WD Hookups: Yes
  • Heat Fuel Electric4: Yes
  • Owner Pays Trash2: Yes
  • Services Available Electricity Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features Shared Driveway2: Yes

Utilities

  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Electricity Available, Storm Sewer
  • Heating:Radiant: Yes

Schools

  • Junior High Dist: SHELBY CSD 7008 RIC CO.

Lot Info

  • Parcel Number: 046-08-121-12-000
  • Lot Size Sq Ft: 6098.4
  • Additional Parcels Description: 0460812213000
  • Additional Parcels: Yes

Rental Info

  • Owner Pays: Trash Collection

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 5928.0
  • Annual Operating Expense: 1797.0

Tax Info

  • Tax Annual Amount: 1047.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2024
Sold by
Your Space Rentals Llc
Bought by
Kirl David Maurice
Current Estimated Value
$99,009

Purchase Details

Closed on
Feb 14, 2024
Sold by
Sweeney Tyler J
Bought by
Your Space Rentals Llc

Purchase Details

Listed on
Nov 11, 2019
Closed on
Oct 30, 2020
Sold by
Bauerle Enterprise Llc
Bought by
Sweeney Tyler J
Seller's Agent
Michael Lerner
The Buyer's Advocate, Inc.
Buyer's Agent
NON MEMBER
NON MEMBER OFFICE
List Price
$75,000
Sold Price
$50,000
Premium/Discount to List
-$25,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.05%
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
Kirl David Maurice $10,000 None Listed On Document
Your Space Rentals Llc -- Barrister Title Group
Sweeney Tyler J $52,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2020 10/12/20 Sold $50,000 -28.5% $25 / Sq Ft
06/10/2020 06/10/20 Price Changed $69,900 -6.8% $35 / Sq Ft
11/11/2019 11/11/19 For Sale $75,000 -- $38 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

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 $1,097 $28,020 $960 $27,060
2024 $1,097 $28,020 $960 $27,060
2023 $1,097 $28,020 $960 $27,060
2022 $973 $22,230 $920 $21,310
2021 $974 $22,230 $920 $21,310
2020 $1,144 $26,100 $4,790 $21,310
2019 $1,057 $22,120 $4,060 $18,060
2018 $1,047 $22,120 $4,060 $18,060
2017 $982 $22,120 $4,060 $18,060
2016 $926 $19,870 $3,930 $15,940
2015 $922 $19,870 $3,930 $15,940
2014 $891 $19,870 $3,930 $15,940
2012 $905 $20,490 $4,060 $16,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219042454

Columbus and Central Ohio Regional MLS

APN: 046-08-121-12-000

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