$162,000
SOLD NOV 16, 2023

399 N Thomas Rd Tallmadge, OH 44278

5 Beds
4 Baths
1,576 Sq Ft
1.6 Acres

Recently Sold

$103 Per Sq Ft

15% Below List Price

74 Days on Market

About This Home

As of November 2023

Great investment opportunity sitting on 1.6 acres in Tallmadge! 2 homes (4 rental units) on one parcel with an additional parcel of wooded land included! (1) - 2 bedroom unit and (3) - 1 bedroom units. All 4 units are rented at this time. Seller has owned this property for 30 years and is looking to retire.

Last Agent to Sell the Property

Thomas Coffman

RE/MAX Oasis Dream Homes License #2016000377 Listed on: 06/25/2023

RE/MAX Oasis Dream Homes

Last Buyer's Agent

Kyle Oberlin

Berkshire Hathaway HomeServices Professional Realty License #2015005800

Berkshire Hathaway HomeServices Professional Realty

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,368

Year Built

1948

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • House Faces: East
  • Price Per Square Foot: 102.79
  • Estimated Price per Sq Ft: 102.79
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1576
  • Year Built: 1948
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Attribution Contact: (330) 331-5375 merumaharaj@remax.net
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1948

Interior Features

  • Appliances Equipment: CO Detector, Cooktop, Range, Refrigerator, Smoke Detector
  • Total Bedrooms: 5
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Detail: Finished, Full
  • Sq Ft Approx Above Grade Finished: 1576.00
  • Sq Ft Approx Total Finished: 1576.00

Exterior Features

  • Exterior: Brick
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

  • LaundryFeatures: None
  • Cooling Type: Central Air, Window Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Sewer

Schools

  • School District: Tallmadge CSD
  • School District: Tallmadge CSD

Lot Info

  • Additional Assessor Parcel Number 1: 6005807
  • Lot Size Units: Acres
  • Acres: 1.6000
  • Parcel Number: 6005811

Rental Info

  • Owner Pays: Electric, Gas, Trash Collection, Water
  • Tenant Pays: Electric, Gas

Multi Family

  • Unit Count: 4
  • Num Of Buildings: 2
  • Number of Units: 4
  • Percent Units Occupied: 100

Tax Info

  • Tax: 3236

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2023
Closed on
Nov 16, 2023
Sold by
Cargill Edward T and Cargill Sharon L
Bought by
Agile Properties Llc
Seller's Agent
Thomas Coffman
RE/MAX Oasis Dream Homes
Buyer's Agent
Kyle Oberlin
Berkshire Hathaway HomeServices Professional Realty
List Price
$189,900
Sold Price
$162,000
Premium/Discount to List
-$27,900
-14.69%
Views
160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.59%
Original Mortgage
$295,920
Outstanding Balance
$291,613
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
-$85,872

Purchase Details

Closed on
Dec 18, 1997
Sold by
Wolf Betty G
Bought by
Cargill Edward T and Cargill Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,500
Interest Rate
7.36%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $162,000 Patriot Title
Deed $55,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $295,920 New Conventional
Previous Owner $78,800 Fannie Mae Freddie Mac
Previous Owner $38,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 For Sale $205,000 +26.5% $130 / Sq Ft
11/16/2023 11/16/23 Sold $162,000 -4.6% $103 / Sq Ft
09/07/2023 09/07/23 Pending -- -- --
09/05/2023 09/05/23 Price Changed $169,900 -10.5% $108 / Sq Ft
08/13/2023 08/13/23 For Sale $189,900 0.0% $120 / Sq Ft
07/05/2023 07/05/23 Pending -- -- --
07/04/2023 07/04/23 Price Changed $189,900 0.0% $120 / Sq Ft
07/04/2023 07/04/23 For Sale $189,900 -5.0% $120 / Sq Ft
07/01/2023 07/01/23 Pending -- -- --
06/25/2023 06/25/23 For Sale $199,900 -- $127 / Sq Ft
Source: MLS Now

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
2025 $3,368 $65,853 $15,491 $50,362
2024 $3,368 $65,853 $15,491 $50,362
2023 $3,098 $66,042 $15,491 $50,551
2022 $3,098 $49,658 $11,648 $38,010
2021 $3,112 $49,658 $11,648 $38,010
2020 $2,512 $49,660 $11,650 $38,010
2019 $2,516 $36,110 $11,070 $25,040
2018 $2,220 $36,110 $11,070 $25,040
2017 $2,520 $36,110 $11,070 $25,040
2016 $2,520 $36,110 $11,070 $25,040
2015 $2,520 $36,110 $11,070 $25,040
2014 $2,505 $36,110 $11,070 $25,040
2013 $2,465 $36,110 $11,070 $25,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4469209

MLS Now

APN: 60-05811