NOT LISTED FOR SALE

401 E Cherry St New Paris, OH 45347

Estimated Value: $127,000 - $188,000

6 Beds
2 Baths
2,667 Sq Ft
$56/Sq Ft Est. Value

Last Sold October 25, 2019

Last sale price $52,500 $20 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $926/month

78 Days on Market

Highlights

  • Porch
  • Central Air
  • Multiple Water Heaters

About This Home

As of October 2019

This 2 unit is a money maker. One tenant rents both sides and pays $1,000.00 a month. Tenant pays their own electric, gas, water/sewer, cable, telephone and trash. If you have 2 separate tenants both sides rents for $525.00 a month. Tenants provides their own appliances. Both sides has separate electric panels, electric meters, and water meters. Both sides has their own central heating and central air, all windows replaced in 2010 plus exterior was insulated and new vinyl siding installed same year

Last Agent to Sell the Property

William Sweet

Howard Hanna License #RB14042119 Listed on: 07/31/2019

Last Buyer's Agent

Todd Smith

Better Homes and Gardens First Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1897

Lot Details

  • 9,901

Home Design

  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,667 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

  • Central Air
  • Furnace
  • Separate Meters
  • Multiple Water Heaters

Additional Features

  • Porch
  • 9,901 Sq Ft Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1897

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 401 E Cherry
  • Estimated Year Built: 1897
  • Directions: Take SR 320 North into New Paris turn right at E Cheery St go one block to S Spring St.
  • Geo Address Line: 401 E Cherry St
  • Geo Longitude: -84.789053
  • Geo Primary City: New Paris
  • Geo Quality: 0.95
  • Geo Subdivision: OH
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: OH
  • Building Stories: 2
  • Taxes Half: 578.00
  • Number Two Bed Units: 2
  • Split Utilities: Yes
  • Unit 1 Heat Type: Furnace
  • Unit 2 Heat Type: Furnace
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1897

Interior Features

  • Has Basement: Yes
  • Price Per S Q F T: 19.69
  • Basement Type: Other

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Vinyl
  • Foundation: Basement
  • Porch/Deck Type: Porch
  • Roof Type: Shingle

Utilities

  • Air Conditioner: Central Air
  • Sewer: City
  • Hot Water: City
  • Number Water Heaters: 2

Condo/Co-op/Association

  • Number of Units: 2

Fee Information

  • Tax Class: MULTI-FAMILY

Lot Info

  • Geo Update Timestamp: 2019-07-31
  • Estimated Number Acres: 0.2273
  • Land Contract: No
  • Lot Size: 0.2273

Multi Family

  • Number Furnaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2019
Closed on
Oct 25, 2019
Sold by
Driver Christopher A and Driver Sarah L
Bought by
Jag Investment Group Llc
Seller's Agent
William Sweet
Howard Hanna
Buyer's Agent
Todd Smith
Better Homes and Gardens First Realty Group
List Price
$69,900
Sold Price
$52,500
Premium/Discount to List
-$17,400
-24.89%
Current Estimated Value
$149,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,304
Avg. Annual Appreciation
18.46%

Purchase Details

Closed on
May 6, 2014
Sold by
Driver Christopher A and Driver Sarah L
Bought by
Kieffer Nicholas E and Kieffer Kristina R

Purchase Details

Closed on
Jul 23, 2010
Sold by
Smith Todd J and Smith Dana J
Bought by
Driver Christopher A and Driver Sarah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,400
Interest Rate
4.81%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 2, 1985
Bought by
Driver Christopher A and Driver Sarah L
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
Jag Investment Group Llc $52,500 Performance Title
Kieffer Nicholas E -- None Available
Driver Christopher A $72,000 Swo Title
Driver Christopher A $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Driver Christopher A $38,400
Closed Kieffer Nicholas E $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2019 10/25/19 Sold $52,500 -24.9% $20 / Sq Ft
10/17/2019 10/17/19 Pending -- -- --
07/31/2019 07/31/19 For Sale $69,900 -- $26 / Sq Ft
Source: Richmond 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 $1,707 $39,130 $5,110 $34,020
2023 $1,707 $39,130 $5,110 $34,020
2022 $1,200 $22,860 $4,620 $18,240
2021 $1,237 $22,860 $4,620 $18,240
2020 $1,198 $22,860 $4,620 $18,240
2019 $1,191 $22,860 $4,410 $18,450
2018 $1,155 $22,860 $4,410 $18,450
2017 $1,022 $22,860 $4,410 $18,450
2016 $901 $19,250 $4,410 $14,840
2014 $898 $19,010 $4,410 $14,600
2013 $569 $24,150 $4,410 $19,740
Source: Public Records

Agents Affiliated with this Home

  • William Sweet

    Seller's Agent in 2019

    William Sweet

    Howard Hanna

    (937) 533-7480

    52 Total Sales

    William Sweet
    Section Image

  • T

    Buyer's Agent in 2019

    Todd Smith

    Better Homes and Gardens First Realty Group

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10036781

APN: G23-0014-0-2-20-001-3000

Ohio Preble County New Paris 45347

401 E Cherry St, New Paris, OH

Not Listed for Sale

MultiFamily

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