NOT LISTED FOR SALE

402 W Andrus Rd Northwood, OH 43619

Estimated Value: $111,000 - $139,000

5 Beds
3 Baths
2,296 Sq Ft
$54/Sq Ft Est. Value

Last Sold October 27, 2014

Last sale price $57,500 $25 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $817/month

699 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Carpet
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of October 2014

Northwood 3 unit building for under 70K! This is not a misprint. This is an unbelievable opportunity! All the units show well. One unit is a 3 bedroom unit that is very spacious and well maintained. The main level unit features one HUGE bedroom that could probably be split in half to make a 2 bedroom. The other unit is an efficiency with newers! Hurry!

Last Agent to Sell the Property

Keith Degnan

Key Realty License #0000449935 Listed on: 09/16/2012

Key Realty

Last Buyer's Agent

Kyle McDaniel

The Danberry Co License #2008001868

The Danberry Co

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,744

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 35 x 111
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,296 Sq Ft Home
  • 2-Story Property
  • Window Screens
  • Carpet
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Parking

  • 10 Parking Spaces
  • Driveway
  • Parking Lot

Schools

  • Lark Elementary School
  • Northwood High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for electricity, insurance, snow removal, taxes, water
  • Assessor Parcel Number M50-300-860406018000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,744

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Lot Size: 35 x 111
  • Inclusions: ,,
  • Subdivision Name: Other
  • Unit Levels: Two
  • Structure Type: Apartment
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour

Interior Features

  • Stories: 2
  • Flooring: Carpet
  • Number Of Buildings: 1
  • Owner Pays: Electricity, Insurance, Snow Removal, Taxes, Water
  • Has Basement: Full
  • Basement YN: Yes
  • Interior Amenities: Common Entry, Cable TV
  • Living Area: 2296.0
  • Stories: 2
  • Window Features: Screens

Exterior Features

  • Roof: Shingle
  • Lot Features: Corner Lot
  • Disclosures: Lead Based Paint Disclosure, Seller Disclosure
  • Construction Type: Brick
  • Foundation Details: Basement

Garage/Parking

  • Parking Features: Asphalt, Concrete, Driveway, Parking Lot
  • Total Parking Spaces: 10.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Sanitary, Storm Sewer
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Water Source: Public

Schools

  • Junior High Dist: Other

Lot Info

  • Parcel #: M50-300-860406018000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Gas

Multi Family

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

MLS Schools

  • Elementary School: Lark
  • HighSchool: Northwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2012
Closed on
Oct 24, 2014
Sold by
Stewart Lee and Stewart Terri
Bought by
Fahrbach Louis
Seller's Agent
Keith Degnan
Key Realty
Buyer's Agent
Kyle McDaniel
The Danberry Co
List Price
$49,900
Sold Price
$57,500
Premium/Discount to List
$7,600
15.23%
Current Estimated Value
$123,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,810
Avg. Annual Appreciation
6.84%
Original Mortgage
$46,000
Outstanding Balance
$16,966
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$100,744

Purchase Details

Closed on
Apr 5, 2007
Sold by
Us Bank Na
Bought by
Stewart Lee and Stewart Terri

Purchase Details

Closed on
Sep 27, 2006
Sold by
Lagrange Stephen G
Bought by
Us Bank Na and Credit Suisse First Boston Heat 2004-3

Purchase Details

Closed on
Feb 13, 2004
Sold by
Lagrange Suzanne
Bought by
Lagrange Stephen G and Lagrange Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
7.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 1998
Sold by
Blankenship Nancy A
Bought by
Lagrange Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,104
Interest Rate
7.17%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 4, 1989
Bought by
Blankenship James
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
Fahrbach Louis $57,500 None Available
Stewart Lee $40,000 None Available
Us Bank Na $38,000 None Available
Lagrange Stephen G -- Magee Title Agency Llc
Lagrange Suzanne -- Northwest Title Agency
Blankenship James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fahrbach Louis $46,000
Previous Owner Lagrange Stephen G $14,707
Previous Owner Lagrange Stephen G $94,500
Previous Owner Lagrange Suzanne $71,273
Previous Owner Lagrange Steven G $68,104
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2014 10/27/14 Sold $57,500 +15.2% $25 / Sq Ft
08/15/2014 08/15/14 Pending -- -- --
09/15/2012 09/15/12 For Sale $49,900 -- $22 / 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
2023 $1,744 $36,120 $3,850 $32,270
2021 $1,680 $28,390 $2,910 $25,480
2020 $1,632 $28,390 $2,910 $25,480
2019 $1,549 $24,330 $2,910 $21,420
2018 $1,526 $24,330 $2,910 $21,420
2017 $1,443 $24,330 $2,910 $21,420
2016 $1,352 $21,640 $2,910 $18,730
2015 $1,352 $21,640 $2,910 $18,730
2014 $1,375 $21,640 $2,910 $18,730
2013 $1,329 $21,640 $2,910 $18,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 5047511

Northwest Ohio Real Estate Information Service (NORIS)

APN: M50-300-860406018000