NOT LISTED FOR SALE

404 S Defiance St Archbold, OH 43502

Estimated Value: $67,000 - $187,270

4 Beds
2 Baths
2,048 Sq Ft
$69/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $40,000 $20 Per Sq Ft

Est. 253% increase in value since last sale

Current estimated payment $899/month

8 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 4-minute walk to Archbold Memorial Park
  • Archbold Elementary School Rated A

About This Home

As of November 2020

Awesome opportunity to own a fully occupied investment property in downtown Archbold. Could easily be turned back into a single family home as well. Also being sold is neighboring triplex at 402 S Defiance St, which shares a parking lot.

Last Agent to Sell the Property

Stacy Lillard

Elias H. Frey & Sons, Inc. License #2018005874 Listed on: 09/17/2020

Last Buyer's Agent

Stacy Lillard

Elias H. Frey & Sons, Inc. License #2018005874 Listed on: 09/17/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,370

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • Duplex
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,703 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • Alley Access
  • Driveway
  • Parking Lot

Schools

  • Archbold Elementary School
  • Archbold 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

  • Total Actual Rent $650
  • Tenant pays for electricity, gas, sewer, trash collection, water
  • The owner pays for taxes
  • Assessor Parcel Number 17-031712-00.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,370

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1900
  • Lot Size Acres: 0.2
  • Lot Size: 8,712
  • Subdivision Name: None
  • Carport Y N: No
  • Structure Type: Duplex
  • Status Change Information: Status Change Timestamp: 2020-11-06
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Number Of Buildings: 1
  • Owner Pays: Taxes
  • Has Basement: Full
  • Basement YN: Yes
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Disclosures: Lead Based Paint Disclosure, Property Disclosure
  • Construction Type: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, Parking Lot, Alley Access, Driveway
  • Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Sanitary Sewer
  • Appliances: Water Heater
  • Cooling: None
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Water Source: Public

Schools

  • Junior High Dist: Archbold

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 17-031712-00.000

Rental Info

  • Lease Term: ["Month To Month"]
  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 3
  • Total Actual Rent: 650.0

MLS Schools

  • Elementary School: Archbold
  • HighSchool: Archbold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Nov 6, 2020
Sold by
Beck James E
Bought by
Grant Levi S and Grant Steven E
Seller's Agent
Stacy Lillard
Elias H. Frey & Sons, Inc.
Buyer's Agent
Stacy Lillard
Elias H. Frey & Sons, Inc.
List Price
$59,900
Sold Price
$40,000
Premium/Discount to List
-$19,900
-33.22%
Current Estimated Value
$141,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,318
Avg. Annual Appreciation
28.20%
Original Mortgage
$30,000
Outstanding Balance
$26,744
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$114,574

Purchase Details

Closed on
Jan 1, 1990
Bought by
Beck James
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Grant Levi S $40,000 None Available
Beck James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grant Levi S $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2020 11/06/20 Sold $40,000 -33.2% $20 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $59,900 -- $29 / 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 $1,890 $35,950 $8,440 $27,510
2023 $1,890 $35,950 $8,440 $27,510
2022 $1,366 $27,410 $7,040 $20,370
2021 $1,367 $27,410 $7,040 $20,370
2020 $1,362 $27,410 $7,040 $20,370
2019 $1,370 $26,290 $7,040 $19,250
2018 $1,220 $26,290 $7,040 $19,250
2017 $1,185 $26,290 $7,040 $19,250
2016 $1,182 $23,770 $7,040 $16,730
2015 $1,040 $23,770 $7,040 $16,730
2014 $1,039 $23,770 $7,040 $16,730
2013 $960 $20,940 $6,760 $14,180
Source: Public Records

Agents Affiliated with this Home

  • Stacy Lillard

    Seller's Agent in 2020

    Stacy Lillard

    Elias H. Frey & Sons, Inc.

    (419) 630-6503

    8 in this area

    212 Total Sales

    Stacy Lillard
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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6059961

Northwest Ohio Real Estate Information Service (NORIS)

APN: 17-031712-00.000

Ohio Fulton County Archbold 43502

404 S Defiance St, Archbold, OH

Not Listed for Sale

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