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Seller's Agent in 2021
Cassandra Bell
Straley Realty & Auctioneers- Van Wert
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
| 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 |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Axe Real Estate Llc | $126,500 | |
| Previous Owner | Heiser Jeremy R | $122,000 |
| 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 |
| 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 |
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Seller's Agent in 2021
Cassandra Bell
Straley Realty & Auctioneers- Van Wert
Source: West Central Association of REALTORS® (OH)
MLS Number: 205438
APN: 27-233500.0000