R
Seller's Agent in 2024
Riley Hicks
Dream Huge Realty
(419) 961-6054
46 Total Sales
40 2nd St Shelby, OH 44875
Estimated Value: $83,000 - $91,000
5
Beds
3
Baths
1,757
Sq Ft
$50/Sq Ft
Est. Value
About This Home
As of June 2024Welcome to this lucrative Cash-Flowing opportunity in Shelby, Ohio! A triplex offering a suitable location with ample tenant parking. Featuring two 2 Bed/1 Bath units & one 1 Bed/1 Bath unit, it provides comfortable living spaces for occupants. One unit is on Metro, so it's likely the other two units could pass Metro requirements. Bringing in $1675 per month in rents makes it a stable income producing asset for any investor's portfolio, or an incredible opportunity to house-hack your first property! New water heater last year. Furnace ~10 years old.
Last Agent to Sell the Property
Dream Huge Realty Brokerage Phone: 4195288260 License #2022005204 Listed on: 05/15/2024
Last Buyer's Agent
Dream Huge Realty Brokerage Phone: 4195288260 License #2022005204 Listed on: 05/15/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $620
Year Built
- Built in 1910
Lot Details
- 9,601
Home Design
- Triplex
- Aluminum Siding
- Vinyl Siding
- Lead Paint Disclosure
Interior Spaces
- 2-Story Property
- Partial Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Parking
- 1 Parking Space
- On-Street Parking
- Open Parking
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
Additional Features
- 9,601 Sq Ft Lot
- City Lot
Listing and Financial Details
- Assessor Parcel Number 0460809104000
Community Details
Overview
- 3 Units
Building Details
- Insurance Expense $677
- Maintenance Expense $1,000
- Trash Expense $250
- Water Sewer Expense $957
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 15, 2024
Closed on
Jun 25, 2024
Sold by
Martin Burnis and Martin Wonnie
Bought by
Birchwood Homes Llc
Seller's Agent
Riley Hicks
Dream Huge Realty
Buyer's Agent
Riley Hicks
Dream Huge Realty
List Price
$90,000
Sold Price
$85,000
Premium/Discount to List
-$5,000
-5.56%
Views
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,592
Avg. Annual Appreciation
7.01%
Original Mortgage
$68,000
Outstanding Balance
$67,241
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$24,957
Purchase Details
Closed on
Mar 1, 1986
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Birchwood Homes Llc | $85,000 | Great American Title | |
| Birchwood Homes Llc | $85,000 | Great American Title | |
| -- | $13,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Birchwood Homes Llc | $68,000 | |
| Closed | Birchwood Homes Llc | $68,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2024 06/25/24 | Sold | $85,000 | -5.6% | $48 / Sq Ft |
| 05/15/2024 05/15/24 | For Sale | $90,000 | -- | $51 / Sq Ft |
Source: Mansfield Association of REALTORS®
Tax History Compared to Growth
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 | $754 | $19,240 | $4,760 | $14,480 |
| 2023 | $754 | $19,240 | $4,760 | $14,480 |
| 2022 | $615 | $14,040 | $5,100 | $8,940 |
| 2021 | $615 | $14,040 | $5,100 | $8,940 |
| 2020 | $616 | $14,040 | $5,100 | $8,940 |
| 2019 | $569 | $11,910 | $4,330 | $7,580 |
| 2018 | $564 | $11,910 | $4,330 | $7,580 |
| 2017 | $513 | $11,910 | $4,330 | $7,580 |
| 2016 | $466 | $10,000 | $4,110 | $5,890 |
| 2015 | $464 | $10,000 | $4,110 | $5,890 |
| 2014 | $448 | $10,000 | $4,110 | $5,890 |
| 2012 | $881 | $19,940 | $4,330 | $15,610 |
Source: Public Records
Agents Affiliated with this Home
-
Riley Hicks
Map
Source: Mansfield Association of REALTORS®
MLS Number: 9060654
APN: 046-08-091-04-000
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