NOT LISTED FOR SALE

316 Empire St Montpelier, OH 43543

Estimated Value: $77,000 - $109,000

3 Beds
2 Baths
1,542 Sq Ft
$62/Sq Ft Est. Value

Last Sold May 28, 2024

Last sale price $87,000 $56 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $586/month

42 Days on Market

Highlights

  • Forced Air Heating System
  • Rectangular Lot
  • Wood Siding

About This Home

As of May 2024

Unique opportunity, 2 story duplex with a 2-bedroom trailer, the trailer has been renovated in the recent years. This is a great income producing property bringing in $1190 a month with potential for more! The upstairs unit has been vacant for many years, will need some TLC to get it ready to rent. 24 hour notice for showings

Last Agent to Sell the Property

John Dye

Strong Real Estate Solutions Brokerage Phone: (419) 485-3208 License #2009002112 Listed on: 04/01/2024

Last Buyer's Agent

John Dye

Strong Real Estate Solutions Brokerage Phone: (419) 485-3208 License #2009002112 Listed on: 04/01/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $946

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,542 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Kitchen

  • Oven
  • Range
  • Microwave

Parking

  • 3 Parking Spaces
  • Alley Access
  • Driveway

Schools

  • Montpelier Elementary School
  • Montpelier High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, heat, sewer, trash collection
  • The owner pays for common area maintenance, insurance, taxes, water
  • Assessor Parcel Number 072-110-28-005.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$946

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1920
  • Lot Size Acres: 0.2
  • Lot Size: 8,712
  • Inclusions: ,,
  • Subdivision Name: Other
  • Unit Levels: Two
  • Structure Type: Duplex
  • Property Sub Type Additional: Multi Family
  • Attribution Contact: (419) 485-3208
  • Special Features: VirtualTour

Interior Features

  • Stories: 2
  • Number Of Buildings: 2
  • Owner Pays: Common Area Maintenance, Insurance, Taxes, Water
  • Has Basement: Partial
  • Basement YN: Yes
  • Interior Amenities: None
  • Living Area: 1542.0
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Lot Features: Rectangular Lot
  • Disclosures: Lead Based Paint Disclosure, Seller Disclosure
  • Construction Type: Wood Siding
  • Foundation Details: Basement

Garage/Parking

  • Parking Features: Alley Access, Driveway, Gravel, Other
  • Total Parking Spaces: 3.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Sanitary
  • Appliances: Gas Water Heater, Microwave, Oven, Range, Refrigerator
  • Cooling: None
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Montpelier

Lot Info

  • Parcel #: 072-110-28-005.000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity, Gas, Heat, Sewer, Trash Collection

Multi Family

  • Number Of Units Total: 3
  • Total Actual Rent: 1175.0

MLS Schools

  • Elementary School: Montpelier
  • HighSchool: Montpelier

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2024
Closed on
May 28, 2024
Sold by
Kiess Sean and Kiess Jennifer
Bought by
Walz And Stuckey Holdings Llc
Seller's Agent
John Dye
Strong Real Estate Solutions
Buyer's Agent
John Dye
Strong Real Estate Solutions
List Price
$106,000
Sold Price
$87,000
Premium/Discount to List
-$19,000
-17.92%
Views
25
Current Estimated Value
$95,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,153
Avg. Annual Appreciation
3.76%
Original Mortgage
$54,400
Outstanding Balance
$53,905
Interest Rate
7.1%
Mortgage Type
Credit Line Revolving
Estimated Equity
$37,409

Purchase Details

Closed on
Dec 2, 2021
Sold by
Mts Capital Llc
Bought by
Smith Scott Royal and 316 Empire Street Trust

Purchase Details

Listed on
Jan 4, 2021
Closed on
Feb 25, 2021
Sold by
Roerig Jerome and Estate Of Andrea R Roerig
Bought by
Mts Capital Llc
Seller's Agent
John Dye
Strong Real Estate Solutions
Buyer's Agent
John Dye
Strong Real Estate Solutions
List Price
$49,900
Sold Price
$46,000
Premium/Discount to List
-$3,900
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.58%
Original Mortgage
$69,600
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 1, 1990
Bought by
Roerig Daniel A And
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
Walz And Stuckey Holdings Llc $87,000 None Listed On Document
Smith Scott Royal -- None Available
316 Empire Street Trust $125 None Listed On Document
Mts Capital Llc $42,000 None Available
Roerig Daniel A And -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walz And Stuckey Holdings Llc $36,400
Open Walz And Stuckey Holdings Llc $54,400
Previous Owner Mts Capital Llc $69,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2024 05/28/24 Sold $87,000 -17.9% $56 / Sq Ft
05/16/2024 05/16/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $106,000 +130.4% $69 / Sq Ft
03/30/2021 03/30/21 Sold $46,000 -7.8% $29 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $49,900 -- $32 / 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 $946 $27,020 $2,800 $24,220
2023 $946 $20,480 $2,770 $17,710
2022 $798 $20,480 $2,770 $17,710
2021 $797 $20,480 $2,770 $17,710
2020 $725 $17,820 $2,420 $15,400
2019 $716 $17,820 $2,420 $15,400
2018 $716 $17,820 $2,420 $15,400
2017 $674 $16,810 $2,420 $14,390
2016 $655 $16,810 $2,420 $14,390
2015 $696 $16,810 $2,420 $14,390
2014 $696 $16,810 $2,420 $14,390
2013 $694 $16,810 $2,420 $14,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6113459

Northwest Ohio Real Estate Information Service (NORIS)

APN: 072-110-28-005.000