NOT LISTED FOR SALE

36 Oak St Shelby, OH 44875

Estimated Value: $93,000 - $136,000

3 Beds
3 Baths
1,662 Sq Ft
$66/Sq Ft Est. Value

Last Sold March 08, 2022

Last sale price $85,000 $51 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $662/month

47 Days on Market

Highlights

  • Pole Barn
  • Forced Air Heating System
  • Paddle Fans

About This Home

As of March 2022

Attention Investors!! Great opportunity to find full turnkey duplex (up/down) with 17% Cash on Cash return. Both units have been fully renovated with new flooring and paint throughout, new gas appliances, new furnace, new hot water heaters, and updated electrical in attic. Additional updates include new vanities in bathrooms, new shower insert, paint on the garage/barn, new ceiling fans, and so much more! This property also features a new roof in 2020, vinyl windows, and parking off the alley behind the property. There are currently great tenants with long term contracts with main floor receiving $700/month and upstairs $500/month. Don't miss out on this rare opportunity!!

Last Agent to Sell the Property

Michelle Chopko

The Holden Agency License #2018005745 Listed on: 12/20/2021

The Holden Agency

Last Buyer's Agent

Nathan Purdy

RE/MAX First Realty License #2011002875

RE/MAX First Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,062

Year Built

  • Built in 1920

Lot Details

  • 6,360

Home Design

  • Duplex
  • Aluminum Siding
  • Lead Paint Disclosure

Interior Spaces

  • 2-Story Property
  • Paddle Fans
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 1 Parking Space
  • On-Street Parking
  • Open Parking

Outdoor Features

  • Pole Barn

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0460800517000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,062

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Directions: East Whitney to Oak Street
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Structure Type: Onsite Built, Duplex U/D
  • Year Built: 1920
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Full
  • Total Bedrooms: 3
  • Interior Amenities: Paddle Fans

Exterior Features

  • Disclosures: Lead Based Paint - Add. 1, Property Disclosure
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Other Structures: Barn - Pole Barn

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Gravel, 1 Space, On Street
  • Total Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Amenities: Amenities - No

Schools

  • Junior High Dist: Shelby City Schools

Lot Info

  • Farm Land Area Units: Square Feet
  • Parcel #: 0460800517000
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1061.86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2021
Closed on
Mar 7, 2022
Sold by
Ascend Team Llc
Bought by
Hess Kevin
Seller's Agent
Michelle Chopko
The Holden Agency
Buyer's Agent
Nathan Purdy
RE/MAX First Realty
List Price
$87,500
Sold Price
$85,000
Premium/Discount to List
-$2,500
-2.86%
Current Estimated Value
$109,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,667
Avg. Annual Appreciation
6.88%
Original Mortgage
$63,750
Outstanding Balance
$59,563
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$50,104

Purchase Details

Listed on
May 18, 2020
Closed on
Jun 11, 2020
Sold by
Wallen Dwight L
Bought by
The Ascend Team Llc
Seller's Agent
Karen Hill
RE/MAX First Realty
Buyer's Agent
Michelle Chopko
The Holden Agency
List Price
$62,500
Sold Price
$49,000
Premium/Discount to List
-$13,500
-21.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.49%

Purchase Details

Closed on
Sep 5, 2009
Sold by
Wallen Dwight L and Wallen Celene A
Bought by
Wallen Dwight L and Wallen Celene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2007
Sold by
Fannie Mae
Bought by
Wallen Dwight L and Wallen Celene A

Purchase Details

Closed on
Aug 16, 2006
Sold by
Williams Mary and Williams Mary L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 1, 1986

Purchase Details

Closed on
Nov 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
Hess Kevin -- Southern Title
The Ascend Team Llc $49,000 The Title Llc
Wallen Dwight L -- Barrister Lawyers Title
Wallen Dwight L $25,000 Title First Agency
Federal National Mortgage Association -- None Available
-- $26,000 --
-- $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hess Kevin $63,750
Previous Owner Wallen Dwight L $48,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2022 03/08/22 Sold $85,000 -2.9% $51 / Sq Ft
02/06/2022 02/06/22 Pending -- -- --
12/20/2021 12/20/21 For Sale $87,500 +78.6% $53 / Sq Ft
06/15/2020 06/15/20 Sold $49,000 -21.6% $29 / Sq Ft View Prior Sale
05/19/2020 05/19/20 For Sale $62,500 -- $38 / 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 $1,069 $27,280 $3,670 $23,610
2023 $1,069 $27,280 $3,670 $23,610
2022 $1,061 $24,220 $3,940 $20,280
2021 $1,061 $24,220 $3,940 $20,280
2020 $1,062 $24,220 $3,940 $20,280
2019 $984 $20,600 $3,340 $17,260
2018 $975 $20,600 $3,340 $17,260
2017 $967 $20,600 $3,340 $17,260
2016 $914 $19,600 $3,170 $16,430
2015 $914 $19,600 $3,170 $16,430
2014 $879 $19,600 $3,170 $16,430
2012 $456 $20,640 $3,340 $17,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mansfield Association of REALTORS®

MLS Number: 9052313

Mansfield Association of REALTORS®

APN: 046-08-005-17-000