NOT LISTED FOR SALE

39 Reed St Unit 41 Norwalk, OH 44857

Estimated Value: $146,379 - $169,000

4 Beds
2 Baths
1,536 Sq Ft
$101/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $112,000 $73 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $996/month

37 Days on Market

Highlights

  • 1-Story Property
  • Forced Air Heating System
  • 3-minute walk to McGuan Park

About This Home

As of February 2021

Nice side-by-side duplex with full basement. Each unit rents for $600.00 per month plus utilities. Units are currently occupied and will need 24-hour notice to show.

Last Agent to Sell the Property

Mac Lehrer

Hoty Enterprises, Inc. License #385308 Listed on: 12/13/2020

Co-Listed By

Default zSystem

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Last Buyer's Agent

Daniel Ward

RE/MAX Quality Realty - Norwal License #2013001506

RE/MAX Quality Realty - Norwal

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,121

Year Built

  • Built in 1963

Lot Details

  • 7,148 Sq Ft Lot

Home Design

  • Duplex
  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • Paved Parking
  • Open Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service

Listing and Financial Details

  • Assessor Parcel Number 330190020270000

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $6,819
  • Gross Income $14,400
  • Net Operating Income $7,581

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,121

Year Built

Built in 1963

Lot Details

0

Listing Details

  • PropertySubType: Duplex
  • PropertyType: Residential Income
  • Lot Size Acres: 0.1641
  • Total Gross Income: 14400
  • MLS Status: Sold
  • Carport Y N: No
  • Unit Levels: One
  • Year Built: 1963
  • Tax Year: 2019
  • Financial Info Electric: 100 Amp Service
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Paved, Off Street

Utilities

  • Cooling Y N: No
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
  • Water Source: Public

Schools

  • Junior High Dist: Norwalk

Lot Info

  • Lot Size Sq Ft: 7148.196
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 330190020270000
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 7581
  • Annual Operating Expense: 6819

Tax Info

  • Tax Annual Amount: 1120.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2020
Closed on
Feb 12, 2021
Sold by
Shupe David W and Shupe Tammy J
Bought by
Ward Daniel R
Seller's Agent
Mac Lehrer
Hoty Enterprises, Inc.
Buyer's Agent
Daniel Ward
RE/MAX Quality Realty - Norwal
List Price
$114,900
Sold Price
$112,000
Premium/Discount to List
-$2,900
-2.52%
Current Estimated Value
$155,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,345
Avg. Annual Appreciation
7.69%
Original Mortgage
$84,000
Outstanding Balance
$63,906
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$92,084

Purchase Details

Listed on
Apr 7, 2016
Closed on
Oct 31, 2016
Sold by
Tansey Richard S
Bought by
Shupe David W
Seller's Agent
Greg Myers
Mike Myers Realty, Inc.
Buyer's Agent
Brian Coles
Russell Real Estate Services
List Price
$79,900
Sold Price
$76,000
Premium/Discount to List
-$3,900
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.41%

Purchase Details

Closed on
Apr 24, 2014
Sold by
Tansey Iva Lee Marie and Tansey Marie
Bought by
Tansey Iva Lee Marie and Iva Lee Marie Tansey Revocable Inter Viv

Purchase Details

Closed on
Oct 29, 1992
Bought by
Tansey Iva Lee Marie
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
Ward Daniel R $112,000 First American Title
Shupe David W $76,000 Southern Title Of Ohio Ltd
Tansey Iva Lee Marie -- Attorney
Tansey Iva Lee Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ward Daniel R $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $112,000 -2.5% $73 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
12/13/2020 12/13/20 For Sale $114,900 +51.2% $75 / Sq Ft
10/31/2016 10/31/16 Sold $76,000 -4.9% $49 / Sq Ft
10/31/2016 10/31/16 Pending -- -- --
04/07/2016 04/07/16 For Sale $79,900 -- $52 / Sq Ft
Source: Firelands 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 $1,651 $39,720 $5,350 $34,370
2023 $1,651 $26,840 $5,410 $21,430
2022 $1,105 $26,840 $5,410 $21,430
2021 $1,106 $26,840 $5,410 $21,430
2020 $1,145 $26,450 $5,410 $21,040
2019 $1,121 $26,450 $5,410 $21,040
2018 $1,101 $26,450 $5,410 $21,040
2017 $1,154 $27,590 $5,410 $22,180
2016 $1,133 $27,590 $5,410 $22,180
2015 $1,133 $27,590 $5,410 $22,180
2014 $1,200 $28,980 $5,390 $23,590
2013 $1,047 $28,980 $5,390 $23,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Firelands Association of REALTORS®

MLS Number: 20205253

APN: 33-0190-02-027-0000