NOT LISTED FOR SALE

29 2nd St Shelby, OH 44875

Estimated Value: $77,981 - $111,000

6 Beds
3 Baths
1,996 Sq Ft
$45/Sq Ft Est. Value

Last Sold October 12, 2020

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

Est. 79% increase in value since last sale

Current estimated payment $590/month

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

0

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
  • 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
$89,495

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
11.25%
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
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 Change Sq Ft Price
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 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 $1,152 $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

  • M

    Seller's Agent in 2020

    Michael Lerner

    The Buyer's Advocate, Inc.

  • N

    Buyer's Agent in 2020

    NON MEMBER

    NON MEMBER OFFICE

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219042454

Columbus and Central Ohio Regional MLS

APN: 046-08-121-12-000

Ohio Richland County Shelby 44875

29 2nd St, Shelby, OH

This home is located at 29 2nd St, Shelby, OH 44875 since 11 November 2019 and is currently estimated at $89,495, approximately $44 per square foot. This property was built in 1900. 29 2nd St is a home located in Richland County with nearby schools including St. Mary's School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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