NOT LISTED FOR SALE

300 S Wayne St van Wert, OH 45891

Estimated Value: $106,000 - $123,000

4 Beds
2 Baths
1,864 Sq Ft
$60/Sq Ft Est. Value

Last Sold August 26, 2020

Last sale price $67,000 $36 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $644/month

345 Days on Market

Highlights

  • No HOA
  • Hot Water Heating System
  • Utility Room
  • Attached Garage

About This Home

As of August 2020

Great investment property opportunity! First class duplex with attached garage. Downstairs rent is $525 and upstairs is $450. Total monthly income of $975. That is $11,700 annually! Owner pays gas, lawncare, taxes, and insurance. Tenant pays electric, water, and trash. Gross return of over 14%!! Garage is included with rent. Many possibilities with this unit. Additionally, brand new roof in 2018, new water heater upstairs in 2018, and many more updates!

Last Agent to Sell the Property

Warren Straley

Straley Realty & Auctioneers- Van Wert License #2013001077 Listed on: 08/07/2019

Last Buyer's Agent

Cassandra Bell

Straley Realty & Auctioneers- Van Wert License #2017004912

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $670

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 66 x 132

Parking

  • Attached Garage

Home Design

  • Asphalt Roof
  • Shake Siding
  • Cedar

Interior Spaces

  • 4 Bedrooms
  • 1.5-Story Property
  • Utility Room
  • Washer and Dryer Hookup
  • Crawl Space

Kitchen

  • Oven
  • Range

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Private Sewer

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 12-019868.0000
  • $80 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$670

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size: 66 x 132
  • Directions: 300 S Wayne St Van Wert, OH 45891
  • Unit Levels: One and One Half
  • Year Built: 1900
  • Location Property Info:Zoning2: Residential
  • General Property Info:FEMA Flood Zone YN: No
  • Tax Info:Parcel _pound_: 12-019868.0000
  • Tax Info:Tax Annual Amount: 669.5
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Cooling:None4: Yes
  • General Property Info:Lot Size Dimensions: 66 x 132
  • Levels:One and One Half: Yes
  • General Property Info:Land Lease YN: No
  • General Property Info:_pound_ Of Units Total: 2
  • Tax Info:Tax Other Annual Assessment Amount2: 80.0
  • Sewer:Private Sewer: Yes
  • Unit 1 Info:Furnished YN: No
  • Unit 1 Features:Oven2: Yes
  • Unit 2 Info:Furnished YN2: No
  • Unit 2 Features:Oven3: Yes
  • Location Property Info:Lease Term3: Month To Month
  • Unit 3 Info:Furnished YN3: No
  • Unit 4 Info:Furnished YN4: No
  • Unit 6 Info:Furnished YN6: No
  • Unit 7 Info:Furnished YN7: No
  • Unit 8 Info:Furnished YN8: No
  • Roof:Asphalt3: Yes
  • Foundation:Crawl Space2: Yes
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Unit 1 Features:Range2: Yes
  • Unit 1 Features:Refrigerator2: Yes
  • Unit 2 Features:Range3: Yes
  • Unit 2 Features:Refrigerator3: Yes
  • Unit 1 Features:Dryer Hookup: Yes
  • Unit 1 Features:Washer Hookup: Yes
  • Unit 1 Features:Utility Room: Yes

Exterior Features

  • Construction Type: Cedar, Shake Siding
  • Roof: Asphalt
  • Construction Materials:Cedar: Yes
  • Construction Materials:Shake Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached
  • Parking Features:Attached: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Natural Gas
  • Heating Yn: Yes
  • Sewer: Private Sewer, Public Sewer
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Location Property Info:AssociationYN: No

Schools

  • Junior High Dist: Van Wert City

Lot Info

  • Land Lease: No
  • Parcel #: 12-019868.0000
  • Zoning Description: Residential

Rental Info

  • Lease Term: Month To Month

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 669.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2019
Closed on
Aug 25, 2020
Sold by
Holiday Housing Llc
Bought by
Smith Derek D
Seller's Agent
Warren Straley
Straley Realty & Auctioneers- Van Wert
Buyer's Agent
Cassandra Bell
Straley Realty & Auctioneers- Van Wert
List Price
$67,000
Sold Price
$67,000
Current Estimated Value
$108,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,838
Avg. Annual Appreciation
9.87%
Original Mortgage
$56,950
Outstanding Balance
$50,309
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$61,173

Purchase Details

Closed on
Nov 9, 2013
Sold by
Longstreth Marybeth F and Longstreth Douglas M
Bought by
Plummer Jerry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2011
Bought by
Plummer Jerry L

Purchase Details

Closed on
Feb 6, 2002
Bought by
Holiday Housing Llc
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
Smith Derek D $67,000 Four Diamond Title Svcs Llc
Plummer Jerry L $50,000 Attorney
Plummer Jerry L $50,000 --
Holiday Housing Llc -- --
Holiday Housing Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Derek D $56,950
Previous Owner Plummer Jerry L $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2020 08/26/20 Sold $67,000 0.0% $36 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
08/07/2019 08/07/19 For Sale $67,000 -- $36 / Sq Ft
Source: West Central Association of REALTORS® (OH)

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 $975 $25,780 $4,230 $21,550
2023 $959 $25,780 $4,230 $21,550
2022 $931 $21,820 $2,820 $19,000
2021 $909 $21,820 $2,820 $19,000
2020 $907 $21,820 $2,820 $19,000
2019 $786 $18,300 $2,820 $15,480
2018 $749 $18,300 $2,820 $15,480
2017 $778 $18,300 $2,820 $15,480
2016 $722 $19,690 $2,820 $16,870
2015 $722 $19,690 $2,820 $16,870
2014 $715 $19,690 $2,820 $16,870
2013 $921 $23,580 $2,820 $20,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 113238

APN: 12-019868.0000