NOT LISTED FOR SALE

329 Beaver St Celina, OH 45822

6 Beds
6 Baths
7,632 Sq Ft
8,276 Sq Ft Lot

Last Sold December 23, 2021

Last sale price $230,000 $30 Per Sq Ft

174 Days on Market

About This Home

As of December 2021

Feast your eyes (and portfolio) on this outstanding and unique multi-family property. The property is situated in a quiet area of Celina, Ohio and Grand Lake is within walking distance. This 6-unit complex has low vacancy and strong value-add features. Great cash flow with $41,160.00 in yearly income...which could be improved! The NOI is $23,380.00...which could be improved. Standing Cap Rate is over 8%...which could be improved! The owner takes great pride in maintaining a professional residential complex. There are (6) one-bedroom apartments plus garage space below them. One unit is downstairs and the other five are upstairs. There is also approximately 3600 sq feet of shop space with a cement floor and electric. The property has one electric, gas, and water meter. There is also a laundry facility that features a coin-operated washer and dryer. This package could be your opportunity for financial freedom. Property Management Services are available for the 'hands- off' investor.

Last Agent to Sell the Property

Cassandra Bell

Straley Realty & Auctioneers- Van Wert License #2017004912 Listed on: 06/22/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,457

Lot Details

  • 8,276

Home Design

  • Slab Foundation

Additional Features

  • 6 Bedrooms
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 27-233500.0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,457

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Architectural Style: Other, See Remarks
  • Location Property Info:Zoning2: Multi-Family
  • General Property Info:FEMA Flood Zone YN: No
  • Tax Info:Parcel _pound_: 27-233500.0000
  • Tax Info:Tax Annual Amount: 1456.56
  • Cooling:Central Air: Yes
  • Foundation:Slab: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Info:Land Lease YN: No
  • General Property Info:_pound_ Of Units Total: 6
  • Unit 1 Info:Furnished YN: No
  • Unit 2 Info:Furnished YN2: No
  • Unit 3 Info:Furnished YN3: No
  • Unit 4 Info:Furnished YN4: No
  • Unit 6 Info:Furnished YN6: No
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 6

Exterior Features

  • Construction Type: Other
  • Foundation Details: Slab
  • Construction Materials:Other5: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Other
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Other10: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Location Property Info:AssociationYN: No

Schools

  • Junior High Dist: Celina Schools

Lot Info

  • Land Lease: No
  • Parcel #: 27-233500.0000
  • Zoning Description: Multi-Family

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 1456.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2021
Closed on
Dec 23, 2021
Sold by
Axe Real Estate Llc
Bought by
K2k Properties Llc
Seller's Agent
Cassandra Bell
Straley Realty & Auctioneers- Van Wert
List Price
$289,900
Sold Price
$230,000
Premium/Discount to List
-$59,900
-20.66%

Purchase Details

Closed on
Dec 14, 2018
Sold by
Heiser Jeremy R
Bought by
Axe Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,500
Interest Rate
4.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 4, 2016
Sold by
Jec Rentals Ltd
Bought by
Heiser Jeremy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
3.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 26, 2013
Sold by
C J Nelsons Rental Llc
Bought by
Jee Rentals Ltd

Purchase Details

Closed on
Jul 11, 2011
Sold by
Nelson Jeffery and Nelson Susan E
Bought by
Jec Rentals Ltd

Purchase Details

Closed on
Dec 23, 2005
Sold by
Schroer Christa M
Bought by
Rentalsllc Cj Nelsons

Purchase Details

Closed on
Dec 19, 2005
Sold by
Schroer Christa M
Bought by
Cj Nelsons Rentals Llc
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
K2k Properties Llc $230,000 None Available
Axe Real Estate Llc $158,200 None Available
Heiser Jeremy R $130,000 Attorney
Jee Rentals Ltd $55,000 Attorney
Jec Rentals Ltd $55,000 Attorney
Rentalsllc Cj Nelsons $37,657 None Available
Cj Nelsons Rentals Llc $52,667 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Axe Real Estate Llc $126,500
Previous Owner Heiser Jeremy R $122,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2021 12/23/21 Sold $230,000 -20.7% $30 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $289,900 -- $38 / 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 $3,005 $63,270 $3,680 $59,590
2023 $3,005 $63,270 $3,680 $59,590
2022 $2,823 $52,410 $2,940 $49,470
2021 $1,405 $25,850 $2,940 $22,910
2020 $1,225 $25,850 $2,940 $22,910
2019 $1,312 $26,610 $2,940 $23,670
2018 $1,361 $26,610 $2,940 $23,670
2017 $1,012 $26,610 $2,940 $23,670
2016 $685 $13,080 $2,940 $10,140
2015 $669 $13,080 $2,940 $10,140
2014 $672 $13,080 $2,940 $10,140
2013 $693 $13,080 $2,940 $10,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 205438

APN: 27-233500.0000