NOT LISTED FOR SALE

396 Morris Dr Fairborn, OH 45324

Estimated Value: $130,174 - $202,000

4 Beds
2 Baths
1,584 Sq Ft
$111/Sq Ft Est. Value

Last Sold June 07, 2023

Last sale price $135,000 $85 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,071/month

3 Days on Market

About This Home

As of June 2023

True brick structure with this multiple family. 2 units plus full basement. One unit up the other on the main floor.
Each unit boasts living room, 2 bedrooms, eat-in kitchen. Laundry facilities plus loads of storage located in the basement for both units. Upper unit is vacant and can be viewed anytime. Lower unit is occupied and needs a 24 hour notice. That tenant will be vacating the end of May. Rents should be in high $700 range. Double wide driveway so both tenants can park off street. Fenced in rear yard. Recently painted foyer, stairwells and basement. Upper unit presently being renovated.

Last Agent to Sell the Property

Janet Miller

RE/MAX HomeBase Brokerage Phone: (937) 878-5993 License #0000220522 Listed on: 05/07/2023

RE/MAX HomeBase

Last Buyer's Agent

Tyler Everidge

eXp Realty License #2020004351

eXp Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1944

Lot Details

  • 7,321 Sq Ft Lot
  • Lot Dimensions are 62x130

Parking

  • No Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,584 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 220 Volts in Garage

Listing and Financial Details

  • Assessor Parcel Number A02000100190020200

Community Details

Overview

  • 2 Units
  • Victory Park Subdivision

Building Details

  • Gross Income $19,080
  • Net Operating Income $16,625

Property Details

Home Type

Multi-Family

Year Built

1944

Lot Details

0

Listing Details

  • Cooling System: None
  • Property Sub Type: Multi Family
  • Year Built: 1944
  • Attribution Contact: (937) 878-5993
  • Lot Size Acres: 0.1681
  • Co List Office Phone: (937) 878-5993
  • MLS Status: Closed
  • Living Area: 1584.0
  • Master Plan Zoning: Multiple
  • Financial Info Electric: 220 Volts in Garage
  • Property Sub Type Additional: Multi Family
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Property Type: Residential Income
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Heating: Forced Air, Natural Gas
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Fairborn

Lot Info

  • Lot Dimensions: 62x130
  • Lot Size Sq Ft: 7321.0
  • Parcel Number: A02000100190020200
  • Zoning Description: Multiple

Multi Family

  • Annual Gross Income: 19080.0
  • Property Net Operating Income: 16625.0
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2024
Sold by
Parpia Joshua and Efzil Hina
Bought by
Harkins William and Sagraves Wayne Garrett
Current Estimated Value
$175,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Outstanding Balance
$130,522
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$45,022

Purchase Details

Listed on
May 7, 2023
Closed on
Jun 7, 2023
Sold by
Knickerbocker Austin
Bought by
Parpia Joshua and Efzil Hina
Seller's Agent
Janet Miller
RE/MAX HomeBase
Buyer's Agent
Tyler Everidge
eXp Realty
List Price
$1,350,000
Sold Price
$135,000
Premium/Discount to List
-$1,215,000
-90%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.85%
Original Mortgage
$101,250
Interest Rate
6.39%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 25, 2021
Sold by
Clay Ernest C
Bought by
Clay Family Trust and Clay

Purchase Details

Closed on
Mar 12, 2021
Sold by
Clay Minnie L and The Clay Family Trust
Bought by
Knickerbocker Austin
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Harkins William $176,000 First Ohio Title
Parpia Joshua $135,000 Terra Title
Clay Family Trust -- --
Knickerbocker Austin $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harkins William $132,000
Previous Owner Parpia Joshua $101,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2023 06/07/23 Sold $135,000 0.0% $85 / Sq Ft
05/09/2023 05/09/23 Pending -- -- --
05/07/2023 05/07/23 Price Changed $135,000 -90.0% $85 / Sq Ft
05/06/2023 05/06/23 For Sale $1,350,000 -- $852 / Sq Ft
Source: Dayton 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 $1,818 $37,950 $11,170 $26,780
2023 $1,818 $37,950 $11,170 $26,780
2022 $1,556 $27,350 $6,570 $20,780
2021 $1,579 $27,350 $6,570 $20,780
2020 $1,587 $27,350 $6,570 $20,780
2019 $2,128 $36,720 $6,440 $30,280
2018 $2,151 $36,720 $6,440 $30,280
2017 $2,068 $36,720 $6,440 $30,280
2016 $2,068 $35,290 $6,440 $28,850
2015 $821 $35,290 $6,440 $28,850
2014 $216 $35,290 $6,440 $28,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Dayton REALTORS®

MLS Number: 885519

Dayton REALTORS®

APN: A02-0001-0019-0-0202-00