NOT LISTED FOR SALE

317 Sherman St Galion, OH 44833

Estimated Value: $93,563 - $139,000

2 Beds
2 Baths
1,688 Sq Ft
$67/Sq Ft Est. Value

Last Sold May 26, 2020

Last sale price $44,983 $27 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $692/month

212 Days on Market

About This Home

As of May 2020

Investment opportunity!! Large 2 story with 2 bdrms. down and 2 bdrms. up. Both units currently rented for $1300.00/monthly. 2nd electric meter mount has been installed, refinished hardwood floors down, newer flooring in the kitchen and bath upstairs, newer gas furnace up stairs. Laundry hookup in basement for downstairs unit. Range and Refrigerators remain in both units. Storage shed with a large back yard. Shared Driveway

Last Agent to Sell the Property

Lisa Cooper

Ron Harper Realty, Inc. License #2000005525 Listed on: 05/27/2020

Last Buyer's Agent

Lisa Cooper

Ron Harper Realty, Inc. License #2000005525 Listed on: 05/27/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,115

Year Built

  • Built in 1910

Lot Details

  • 9,583

Home Design

  • 1,688 Sq Ft Home
  • Duplex

Parking

  • On-Street Parking
  • Off-Street Parking: 1

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Radiant Heating System
  • Gas Available

Additional Features

  • Washer and Dryer Hookup
  • 9,583 Sq Ft Lot
  • Basement

Listing and Financial Details

  • The owner pays for electricity, gas, sewer, trash collection, water
  • Assessor Parcel Number 19-0025881.000

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,200
  • Operating Expense $6,569
  • Gross Income $15,600
  • Net Operating Income $9,031

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,115

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1910
  • Tax Year: 2018
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.22
  • Total Gross Income: 15600.0
  • Co List Office Phone: 419-947-1075
  • MLS Status: Closed
  • Income Expenses Gross Income: 15600.0
  • Annual Expenses: 6569.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 1688.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Electric5: Yes
  • Owner Pays Gas6: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features On Street2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Heating: Forced Air
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes
  • Heating:Radiant: Yes

Schools

  • Junior High Dist: GALION CSD 1705 CRA CO.

Lot Info

  • Parcel Number: 19-0025881.000
  • Lot Size Sq Ft: 9583.2
  • Additional Parcels Description: 19-0025880.000

Rental Info

  • Owner Pays: Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1200.0
  • Net Operating Income: 9031.0
  • Annual Operating Expense: 6569.0

Tax Info

  • Tax Annual Amount: 1115.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2020
Closed on
May 26, 2020
Sold by
Travis Justin S and Travis Madeline
Bought by
Revved Up Real Estate Llc
Seller's Agent
Lisa Cooper
Ron Harper Realty, Inc.
Buyer's Agent
Lisa Cooper
Ron Harper Realty, Inc.
List Price
$72,500
Sold Price
$44,983
Premium/Discount to List
-$27,517
-37.95%
Current Estimated Value
$113,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,908
Avg. Annual Appreciation
25.39%
Original Mortgage
$35,986
Interest Rate
3.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Oct 4, 2013
Closed on
Dec 30, 2013
Sold by
Tobin Vaughn D and Tobin Barbara J
Bought by
Travis Justin S
Seller's Agent
Lisa Cooper
Ron Harper Realty, Inc.
Buyer's Agent
Lisa Cooper
Ron Harper Realty, Inc.
List Price
$42,000
Sold Price
$39,500
Premium/Discount to List
-$2,500
-5.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.05%
Original Mortgage
$30,000
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2001
Bought by
Travis Justin S
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
Revved Up Real Estate Llc $45,000 None Available
Travis Justin S $39,500 Marion Title Agency Ltd
Travis Justin S $39,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Revved Up Real Estate Llc $115,000
Closed Revved Up Real Estate Llc $135,000
Closed Revved Up Real Estate Llc $143,200
Closed Revved Up Real Estate Llc $35,986
Previous Owner Travis Justin S $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2020 05/26/20 Sold $44,983 -23.8% $27 / Sq Ft
03/18/2020 03/18/20 Price Changed $59,000 -12.6% $35 / Sq Ft
12/30/2019 12/30/19 Price Changed $67,500 -6.9% $40 / Sq Ft
09/28/2019 09/28/19 For Sale $72,500 +83.5% $43 / Sq Ft
01/02/2014 01/02/14 Sold $39,500 -6.0% $45 / Sq Ft
12/03/2013 12/03/13 Pending -- -- --
09/29/2013 09/29/13 For Sale $42,000 -- $48 / 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 $850 $24,050 $2,980 $21,070
2023 $850 $26,070 $1,920 $24,150
2022 $1,177 $26,070 $1,920 $24,150
2021 $1,207 $26,070 $1,920 $24,150
2020 $1,085 $22,840 $1,920 $20,920
2019 $1,117 $22,840 $1,920 $20,920
2018 $1,115 $22,840 $1,920 $20,920
2017 $985 $19,360 $1,920 $17,440
2016 $951 $19,360 $1,920 $17,440
2015 $949 $19,360 $1,920 $17,440
2014 $969 $19,360 $1,920 $17,440
2013 $969 $19,360 $1,920 $17,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219036816

Columbus and Central Ohio Regional MLS

APN: 19-0025881.000