NOT LISTED FOR SALE

354 Wayne St Mansfield, OH 44902

Estimated Value: $127,000 - $141,291

5 Beds
3 Baths
2,684 Sq Ft
$50/Sq Ft Est. Value

Last Sold February 15, 2023

Last sale price $110,000 $41 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $765/month

109 Days on Market

About This Home

As of February 2023

Near the heart of Downtown Mansfield is this great investment property. Within close proximity to the historic carrousel, bus stops, and many restaurants, this triplex offers much to explore by its tenants. All three tenancies are rented. All units are on separate meters and pay their own utilities. TENANT'S RIGHTS. 72-hour showing request Monday through Thursday only... No weekend showings. Sold As-Is. Offers will be reviewed Monday - Friday ALL SHOWINGS REQUIRES A MASK!!! KNOCK BEFORE ENTERING!

Last Agent to Sell the Property

Armstrong & Ropp REALTOR Team

Coldwell Banker Mattox McCleery Listed on: 08/18/2022

Last Buyer's Agent

Agent Outside

Outside Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $635

Year Built

  • Built in 1900

Lot Details

  • 8,908

Home Design

  • Triplex
  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Partial Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • Open Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Additional Features

  • 8,908 Sq Ft Lot
  • City Lot

Community Details

  • 3 Units
  • Insurance Expense $400

Listing and Financial Details

  • Assessor Parcel Number 0270501602000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$635

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2045
  • Road Surface Type: Paved
  • Directions: Take North Diamond St, turn Right onto East 5th St., then Left onto Wayne St, house will be on the right.
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Structure Type: Onsite Built, Three Unit
  • Year Built: 1900
  • Special Features: None
  • Stories: 2

Interior Features

  • Has Basement: Partial
  • Total Bedrooms: 5
  • Flooring: Hardwood

Exterior Features

  • Lot Features: City Lot
  • Disclosures: Property Disclosure
  • Home Warranty: No
  • Construction Type: Frame

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Gravel, 3 Spaces
  • Total Parking Spaces: 3

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: Mansfield City School District

Lot Info

  • Lot Size Sq Ft: 8908.02
  • Farm Land Area Units: Square Feet
  • Parcel #: 0270501602000
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 3
  • Insurance Expense: 400

Tax Info

  • Tax Annual Amount: 635.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2022
Closed on
Jan 23, 2023
Sold by
Jrm Properties Of Mansfield Llc
Bought by
Butcher Sherry
Seller's Agent
Armstrong & Ropp REALTOR Team
Coldwell Banker Mattox McCleery
Buyer's Agent
Agent Outside
Outside Broker
List Price
$129,900
Sold Price
$110,000
Premium/Discount to List
-$19,900
-15.32%
Views
64
Current Estimated Value
$133,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,823
Avg. Annual Appreciation
6.97%

Purchase Details

Closed on
Jun 29, 2020
Sold by
Gorman Kimberly and Estate Of Kenneth R Gorman
Bought by
Jrm Properties Of Mansfield Llc

Purchase Details

Closed on
Jul 5, 2011
Sold by
Stevens James
Bought by
Gorman Kenneth R

Purchase Details

Closed on
Aug 26, 2010
Sold by
Newmeyer Stanley W and Newmeyer Patsy J
Bought by
Stevens James

Purchase Details

Closed on
Nov 20, 1998
Sold by
Damoff Frances J
Bought by
Newmeyer Stanley W and Newmeyer Patsy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1985
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
Butcher Sherry $110,000 --
Butcher Sherry $110,000 None Listed On Document
Jrm Properties Of Mansfield Llc $25,000 Southern Title
Gorman Kenneth R $3,000 Attorney
Stevens James -- Attorney
Newmeyer Stanley W $44,500 --
-- $34,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newmeyer Stanley W $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2023 02/15/23 Sold $110,000 -8.3% $41 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
10/03/2022 10/03/22 Price Changed $119,900 -7.7% $45 / Sq Ft
08/18/2022 08/18/22 For Sale $129,900 -- $48 / Sq Ft
Source: Mansfield Association of REALTORS®

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 $780 $16,290 $1,900 $14,390
2023 $780 $16,290 $1,900 $14,390
2022 $631 $11,040 $1,920 $9,120
2021 $635 $11,040 $1,920 $9,120
2020 $650 $11,040 $1,920 $9,120
2019 $720 $11,040 $1,920 $9,120
2018 $710 $11,040 $1,920 $9,120
2017 $691 $11,040 $1,920 $9,120
2016 $737 $11,410 $2,590 $8,820
2015 $704 $11,410 $2,590 $8,820
2014 $694 $11,410 $2,590 $8,820
2012 $274 $11,760 $2,670 $9,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mansfield Association of REALTORS®

MLS Number: 9054499

Mansfield Association of REALTORS®

APN: 027-05-016-02-000