NOT LISTED FOR SALE

332 Lawrence St Sandusky, OH 44870

Estimated Value: $127,995

Studio
-- Bath
-- Sq Ft
7,144 Sq Ft Lot

Last Sold July 25, 2024

Last sale price $95,000

Est. 35% increase in value since last sale

Current estimated payment $724/month

86 Days on Market

About This Home

As of July 2024

Incredible opportunity to rehab this 5 unit mixed-use building! Previously used as 4 apartments plus 1 commercial unit. Property has fire damage. The property was 60% renovated in November 2022 before the fire. Damaged unit is gutted out and completely repairable. Structure itself is in good shape, potential for 10 beds and 5 baths. Main electric service for 5 units is new, however in-house wire will need replaced. Hot water tank is new, plumbing has been started and needs finished. New HVAC is required. Shingle roof is 5 years old, needs fire damage repair. Property has $20,000 escrow w/City of Sandusky-to be released to buyer on Deed once the repairs are completed. After rehab value is $400,000! Property sold in AS-IS condition. Property is located just a couple blocks from Lake Erie shores and close to Cedar Point. Utilities will not be turned on for inspections. No seller financing. Hard money or cash only. Make your best offer!!

Last Agent to Sell the Property

Joan Elflein

Ohio Broker Direct License #0000386319 Listed on: 04/29/2024

Co-Listed By

Default zSystem

zSystem Default

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,492

Year Built

  • Built in 1940

Lot Details

  • 7,144 Sq Ft Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partial Basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electricity Not Available

Community Details

  • 5 Units
  • Lawrence Street Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5900258000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,492

Year Built

Built in 1940

Lot Details

7,144 Sq Ft Lot

Listing Details

  • PropertySubType: Multi Family
  • PropertyType: Residential Income
  • Lot Size Acres: 0.164
  • MLS Status: Sold
  • Subdivision Name: Lawrence Street
  • Unit Levels: Two
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial

Exterior Features

  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Basement

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling Y N: No
  • Heating: Electric, Natural Gas, Forced Air
  • HeatingYN: Yes
  • Electricity On Property: No
  • Sewer: Public Sewer
  • Utilities: Electricity Not Available
  • Water Source: Public

Schools

  • Junior High Dist: Sandusky

Lot Info

  • Lot Size Sq Ft: 7143.84
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 5900258000
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 1492

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
Jul 24, 2024
Sold by
Bennington Group 25 Llc
Bought by
Svs Home Improvements And Designs
Seller's Agent
Joan Elflein
Ohio Broker Direct
List Price
$169,000
Sold Price
$95,000
Premium/Discount to List
-$74,000
-43.79%
Current Estimated Value
$127,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,995
Original Mortgage
$181,000
Interest Rate
6.95%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 3, 2021
Sold by
Porter Sarah L and Porter Sarah
Bought by
Bennington Group 25 Llc

Purchase Details

Closed on
Oct 15, 2019
Sold by
Porter Sarah L
Bought by
Porter Sarah L

Purchase Details

Listed on
May 26, 2015
Closed on
Aug 7, 2015
Sold by
Water Street Properties Inc
Bought by
Porter Sarah L
Seller's Agent
Robert VanScoy
Russell Real Estate Services
Buyer's Agent
Victoria Borger
RE/MAX Crossroads - Vermilion
List Price
$30,000
Sold Price
$20,000
Premium/Discount to List
-$10,000
-33.33%

Purchase Details

Closed on
Mar 20, 2015
Sold by
Morrow Michael A
Bought by
Water Street Properties

Purchase Details

Closed on
Sep 12, 2011
Sold by
Morrow Thomas D and Morrow Sally A
Bought by
Morrow Michael A and Morrow Rachel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,900
Interest Rate
4.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 27, 2007
Sold by
Jpmorgan Chase Bank Na
Bought by
Morrow Thomas D and Morrow Sally A

Purchase Details

Closed on
Oct 13, 2006
Sold by
Morgan Klenk Martin D
Bought by
Jp Morgan Chase Bank Na

Purchase Details

Closed on
May 28, 1999
Sold by
Trimble Robert C
Bought by
Klenk Martin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,800
Interest Rate
6.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 26, 1994
Sold by
Dye Charles L
Bought by
Trimble Robert C and Trimble Denise L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,400
Interest Rate
7.75%
Mortgage Type
Commercial
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
Svs Home Improvements And Designs $31,666 Southern Title
Bennington Group 25 Llc $27,000 None Available
Porter Sarah L -- --
Porter Sarah L $20,000 Attorney
Water Street Properties $18,000 Attorney
Morrow Michael A $60,000 Lawyers Title Ins Corp
Morrow Thomas D $32,000 None Available
Jp Morgan Chase Bank Na $46,000 None Available
Klenk Martin D $76,000 --
Trimble Robert C $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Svs Home Improvements And Designs $181,000
Previous Owner Morrow Michael A $57,900
Previous Owner Klenk Martin D $60,800
Previous Owner Trimble Robert C $58,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2024 07/25/24 Sold $95,000 -43.8% --
07/24/2024 07/24/24 Pending -- -- --
04/29/2024 04/29/24 For Sale $169,000 +745.0% --
08/07/2015 08/07/15 Sold $20,000 -33.3% -- View Prior Sale
06/05/2015 06/05/15 Pending -- -- --
05/26/2015 05/26/15 For Sale $30,000 -- --
Source: Firelands Association of REALTORS®

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 $610 $10,650 $2,009 $8,641
2023 $610 $9,135 $1,435 $7,700
2022 $660 $9,135 $1,435 $7,700
2021 $665 $9,140 $1,440 $7,700
2020 $469 $6,570 $1,440 $5,130
2019 $489 $6,720 $1,590 $5,130
2018 $486 $6,720 $1,590 $5,130
2017 $502 $6,810 $1,590 $5,220
2016 $501 $6,810 $1,590 $5,220
2015 $1,350 $6,810 $1,590 $5,220
2014 $2,179 $29,490 $8,620 $20,870
2013 $2,030 $29,490 $8,620 $20,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Firelands Association of REALTORS®

MLS Number: 20241456

APN: 59-00258-000

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