NOT LISTED FOR SALE

401 E Main St Lebanon, OH 45036

Estimated Value: $232,000 - $333,403

3 Beds
2 Baths
2,570 Sq Ft
$103/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $170,000 $66 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,727/month

62 Days on Market

Highlights

  • Deck
  • Forced Air Heating and Cooling System
  • 4 Car Garage
  • Patio

About This Home

As of August 2021

Single family converted into a duplex. Can stay as a multi unit or easily be converted back into a single family home. Newer roof and furnace with the 4 car garage belonging to the landlord. Immediate income property with long term tenants currently on a month to month lease.

Last Agent to Sell the Property

Jessica Mares

eXp Realty License #2015003080 Listed on: 03/29/2021

eXp Realty

Last Buyer's Agent

Gary Karg

Sibcy Cline, Inc. License #2014002250

Sibcy Cline, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,374

Year Built

  • Built in 1905

Lot Details

  • Lot Dimensions are 65 x 145

Parking

  • 4 Car Garage
  • 3 Open Parking Spaces
  • Driveway
  • Off-Street Parking

Home Design

  • Duplex
  • Stone Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,374

Year Built

Built in 1905

Lot Details

0

Parking

4

Listing Details

  • Suburb: Lebanon
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Cooling: Central Air
  • Heating: Gas, Forced Air
  • Lot Area Realist: 65145.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00-05:00
  • Suburb S I C: Lebanon
  • Annual Assessment Amount: Of record
  • Year Built: 1905
  • School 1 Type: District Phone
  • Directions: Between East St. and Mound St. the nearest cross street is High St.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 2
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Duplex
  • Occupancy: Negotiable
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Property Type: Residential Income
  • Reciprocal Listing: No
  • School Name1: Call SD 513-934-5770
  • Semi Annual Taxes: Of record
  • Basement: Full
  • Fireplaces: 2
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: Stove
  • Windows: Wood, Aluminum
  • Three+ Bedroom Rent: 835.00
  • Three+ Bedroom Units: 1

Exterior Features

  • Roof: Shingle
  • Construction: Aluminum Siding
  • Outside Features: Patio, Deck
  • Foundation: Stone
  • Listing Price: 190000.00
  • New Construction: No

Garage/Parking

  • Garage: Detached,Oversized
  • Garage Spaces: 4.00
  • Parking Spaces: 3
  • Parking: Garage, Off Street, Driveway

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Schools

  • District: Lebanon City SD

Lot Info

  • Lot Dimensions: 65 x 145
  • ResoLotSizeUnits: Acres

Multi Family

  • Efficiency Rent: 500.00
  • Efficiency Units: 1
  • Total Buildings: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2021
Closed on
Aug 13, 2021
Sold by
Schriever Properties Nllc
Bought by
Webster Alva
Seller's Agent
Jessica Mares
eXp Realty
Buyer's Agent
Gary Karg
Sibcy Cline, Inc.
Sold Price
$170,000
Current Estimated Value
$265,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,351
Avg. Annual Appreciation
11.77%
Original Mortgage
$166,920
Outstanding Balance
$152,994
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$113,183

Purchase Details

Closed on
Feb 24, 2018
Sold by
Schriever David M and Schriever Christina S
Bought by
Schriever Properties Llc

Purchase Details

Closed on
Mar 6, 2017
Sold by
Schriever David M
Bought by
Schriever Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.1%

Purchase Details

Listed on
Jun 14, 2016
Closed on
Nov 4, 2016
Sold by
Hancock Eric L and Hancock Donna M
Bought by
Schriever David M and Schriever Christina S
Seller's Agent
Krista Lewis
Comey & Shepherd
Buyer's Agent
Jessica Mares
eXp Realty
List Price
$145,000
Sold Price
$116,500
Premium/Discount to List
-$28,500
-19.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.83%
Original Mortgage
$104,800
Interest Rate
3.42%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 12, 1988
Sold by
Hancock Hancock and Hancock Louise
Bought by
Hancock Hancock and Hancock Eric Lynn
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 Buyer Sale Price Title Company
Webster Alva $170,000 Ttai
Schriever Properties Llc -- --
Schriever Properties Llc -- --
Schriever David M $116,500 Attorney
Hancock Hancock -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Webster Alva $166,920
Previous Owner Schriever Properties Llc --
Previous Owner Schriever David M $104,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2021 11/18/21 Off Market $170,000 -- --
08/16/2021 08/16/21 Sold $170,000 -15.0% $66 / Sq Ft
05/30/2021 05/30/21 Pending -- -- --
04/28/2021 04/28/21 For Sale -- -- --
04/18/2021 04/18/21 Pending -- -- --
04/10/2021 04/10/21 For Sale -- -- --
04/03/2021 04/03/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $200,000 +71.7% $78 / Sq Ft
02/05/2017 02/05/17 Off Market $116,500 -- --
11/04/2016 11/04/16 Sold $116,500 -9.7% $45 / Sq Ft
09/21/2016 09/21/16 Pending -- -- --
08/22/2016 08/22/16 Price Changed $129,000 -6.5% $50 / Sq Ft
06/30/2016 06/30/16 Price Changed $138,000 -4.8% $54 / Sq Ft
06/14/2016 06/14/16 For Sale $145,000 -- $56 / Sq Ft
Source: MLS of Greater Cincinnati (CincyMLS)

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 $3,374 $80,320 $25,320 $55,000
2023 $2,861 $61,225 $12,453 $48,772
2022 $2,980 $61,226 $12,453 $48,773
2021 $2,854 $61,422 $12,649 $48,773
2020 $2,746 $49,935 $10,283 $39,652
2019 $2,759 $49,935 $10,283 $39,652
2018 $2,373 $49,935 $10,283 $39,652
2017 $2,411 $45,535 $9,513 $36,022
2016 $2,488 $45,535 $9,513 $36,022
2015 $2,506 $45,535 $9,513 $36,022
2014 $2,439 $42,560 $8,890 $33,670
2013 $2,355 $49,220 $10,280 $38,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1694590

MLS of Greater Cincinnati (CincyMLS)

APN: 13-35-104-008