NOT LISTED FOR SALE

400 S Jonesville St Montpelier, OH 43543

Estimated Value: $107,000 - $111,000

4 Beds
3 Baths
2,156 Sq Ft
$51/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $89,900 $42 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $689/month

8 Days on Market

Highlights

  • Corner Lot
  • Shed
  • Forced Air Heating System

About This Home

As of April 2022

Nicely producing investment property with room for increase. Tenants resposible for all utilities. All units have been improved with kitchen and bath updates. Replacement windows and newer vinyl siding. Water heater new in Nov 2021, Sewer line replaced to home. Each tenant has storage shed included. Additional lot to south included. 3 Stoves, 3 refrigerators 1 washer 1 dryer included. All units currently rented.

Last Agent to Sell the Property

Jeanne Shankster

RE/MAX Preferred Associates License #0000313431 Listed on: 03/05/2022

RE/MAX Preferred Associates

Last Buyer's Agent

Jacob Fleischmann

Howard Hanna License #2020005551

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,141

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 53x108
  • Corner Lot

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,156 Sq Ft Home
  • 2-Story Property
  • Window Screens
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Driveway

Outdoor Features

  • Shed

Schools

  • Montpelier Elementary School
  • Montpelier High School

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, heat, sewer, trash collection, water
  • The owner pays for common area maintenance, grounds care, insurance, snow removal, taxes
  • Assessor Parcel Number 072-110-34-004.000/-005.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,141

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Lot Size Acres: 0.13
  • Lot Size: 53x108
  • Inclusions: ,,
  • Subdivision Name: Other
  • Unit Levels: Two
  • Structure Type: Apartment
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour

Interior Features

  • Stories: 2
  • Number Of Buildings: 1
  • Owner Pays: Common Area Maintenance, Grounds Care, Insurance, Snow Removal, Taxes
  • Has Basement: Full
  • Basement YN: Yes
  • Interior Amenities: Electric Range Connection
  • Living Area: 2156.0
  • Stories: 2
  • Window Features: Screens

Exterior Features

  • Roof: Shingle
  • Lot Features: Corner Lot
  • Disclosures: Lead Based Paint Disclosure, Seller Disclosure
  • Construction Type: Vinyl Siding
  • Foundation Details: Basement
  • Other Structures: Shed(s)

Garage/Parking

  • Parking Features: Concrete, Driveway, Gravel, Other
  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Sanitary
  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Cooling: None
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Water Source: Public

Schools

  • Junior High Dist: Montpelier

Lot Info

  • Parcel #: 072-110-34-004.000/-005.000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Cable TV, Electricity, Gas, Heat, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 3
  • Total Actual Rent: 1300.0

MLS Schools

  • Elementary School: Montpelier
  • HighSchool: Montpelier

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2022
Closed on
Mar 29, 2022
Sold by
Dick David L
Bought by
Altash Nabil and Ata Ebtehal
Seller's Agent
Jeanne Shankster
RE/MAX Preferred Associates
Buyer's Agent
Jacob Fleischmann
Howard Hanna
List Price
$89,900
Sold Price
$89,900
Current Estimated Value
$109,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,100
Avg. Annual Appreciation
5.43%

Purchase Details

Closed on
Jul 26, 2006
Sold by
Wells Fargo Bank Na
Bought by
Dick David L and Dick Kayla M

Purchase Details

Closed on
May 5, 2006
Sold by
Grubaugh Matthew D
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Feb 20, 2003
Sold by
Rupp Carl L and Rupp Peggy A
Bought by
Grubaugh Matthew D

Purchase Details

Closed on
Nov 16, 1995
Bought by
Rupp Carl L and Rupp Peggy A
Source: Public Records

Range of Values:

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Average Value
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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
Altash Nabil -- Merestone Title
Dick David L $7,000 Intitle Agency Inc
Wells Fargo Bank N A $28,667 None Available
Grubaugh Matthew D $53,000 --
Rupp Carl L $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dick David L $55,500
Previous Owner Dick David L $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Sold $89,900 0.0% $42 / Sq Ft
03/13/2022 03/13/22 Pending -- -- --
03/05/2022 03/05/22 For Sale $89,900 -- $42 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

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 $1,141 $32,550 $1,400 $31,150
2023 $1,141 $29,470 $1,400 $28,070
2022 $1,148 $29,470 $1,400 $28,070
2021 $1,147 $29,470 $1,400 $28,070
2020 $1,036 $25,630 $1,230 $24,400
2019 $1,030 $25,630 $1,230 $24,400
2018 $994 $25,630 $1,230 $24,400
2017 $986 $24,580 $1,230 $23,350
2016 $958 $24,580 $1,230 $23,350
2015 $1,010 $24,580 $1,230 $23,350
2014 $1,010 $24,580 $1,230 $23,350
2013 $1,015 $24,580 $1,230 $23,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6083498

Northwest Ohio Real Estate Information Service (NORIS)

APN: 072-110-34-004.000