NOT LISTED FOR SALE

405 Patterson St Fairborn, OH 45324

Estimated Value: $171,000 - $204,000

4 Beds
2 Baths
1,652 Sq Ft
$110/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $195,000 $118 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,082/month

4 Days on Market

Highlights

  • Double Pane Windows
  • Patio
  • Storm Doors
  • Cooling Available
  • 1 Car Garage
  • Fenced

About This Home

As of September 2023

Low maintenance brick double FEATURING A GARAGE FOR EACH TENANT! LARGE CORNER LOT LOCATION.
EXTERIOR UPDATES:TRIM, GUTTERS, GARAGE DOORS WITH OPENERS, ROOF TEAROFF WITH DIMENTIONAL SHINGLES.
407 PATTERSON HAS BEEN COMPLETELY UPDATED IN 2022: NEW FLOORING, LIGHTING, PROFESSIONALLY PAINTED, KITCHEN INCLUDING COUNTER AND CABINETS.BATHROOM. BOTH UNITS HAVE NEW ELECTRIC PANELS!
Both units feature sliders to a rear patio, a laundry room, living room 2 bedrooms, a bath and and eat-in kitchen.
407 has a fenced yard.
405 will need updates to interior. SELLER HAS UPDATED ALL THE LARGE $ ITEMS!
405 lease expires in April of 2024, 407 lease expires in January of 2024. Rents are below market rates.
Owner chooses to pay water sewer and trash rates due to only one shutoff. Tenants could be assessed cost after their leases expire. Rents are below market rates.

Last Agent to Sell the Property

Janet Miller

RE/MAX HomeBase Brokerage Phone: (937) 878-5993 License #0000220522 Listed on: 07/15/2023

RE/MAX HomeBase

Last Buyer's Agent

Robert Speckert

eXp Realty License #2019003755

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,821

Year Built

  • 1972

Lot Details

  • 1,652 Sq Ft Lot
  • Lot Dimensions are 75x125
  • Fenced

Parking

  • 1 Car Garage
  • Private Parking
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,652 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number A02000200150047100

Community Details

Overview

  • 2 Units
  • Wright View Heights Subdivision

Building Details

  • Gross Income $18,132
  • Net Operating Income $146,389

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,821

Year Built

1972

Lot Details

0

Parking

1

Listing Details

  • Major Appliances: Range, Refrigerator
  • Cooling System: Wall Unit(s)
  • Property Sub Type: Multi Family
  • Year Built: 1972
  • Attribution Contact: (937) 878-5993
  • Lot Size Acres: 0.038
  • SecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: (937) 878-5993
  • MLS Status: Closed
  • Living Area: 1652.0
  • Window Features: Double Pane Windows
  • Master Plan Zoning: Residential
  • Property Sub Type Additional: Multi Family
  • Special Features: None

Interior Features

  • Interior Amenities: Remodeled
  • Garage Spaces: 1.0
  • Property Type: Residential Income
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick
  • Exterior Features: Fence, Patio
  • Foundation Details: Slab
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Driveway, Garage, One Car Garage, Private

Utilities

  • Heating: Electric
  • Utilities: Sewer Available, Water Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Fairborn

Lot Info

  • Lot Dimensions: 75X125
  • Lot Size Sq Ft: 1652.0
  • Parcel Number: A02000200150047100
  • Zoning Description: Residential

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Annual Gross Income: 18132.0
  • Property Net Operating Income: 146389.0
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2023
Closed on
Aug 29, 2023
Sold by
Barker Alvin
Bought by
Sagraves Wayne Garrett and Harkins William
Seller's Agent
Janet Miller
RE/MAX HomeBase
Buyer's Agent
Robert Speckert
eXp Realty
List Price
$184,900
Sold Price
$195,000
Premium/Discount to List
$10,100
5.46%
Views
41
Current Estimated Value
$175,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,747
Avg. Annual Appreciation
-6.39%
Original Mortgage
$146,250
Outstanding Balance
$143,761
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$27,563

Purchase Details

Closed on
Nov 27, 2006
Sold by
Oppie Clinton J and Oppie Kathleen Light
Bought by
Barker Alvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,800
Interest Rate
6.47%
Mortgage Type
Commercial
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
Sagraves Wayne Garrett $195,000 None Listed On Document
Barker Alvin $91,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sagraves Wayne Garrett $146,250
Previous Owner Barker Alvin $98,000
Previous Owner Barker Alvin $72,800
Previous Owner Barker Alvin $13,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $195,000 +5.5% $118 / Sq Ft
07/19/2023 07/19/23 Pending -- -- --
07/15/2023 07/15/23 For Sale $184,900 -- $112 / Sq Ft
Source: Dayton 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 $1,821 $38,030 $2,280 $35,750
2023 $1,821 $38,030 $2,280 $35,750
2022 $1,621 $28,500 $1,750 $26,750
2021 $1,645 $28,500 $1,750 $26,750
2020 $1,654 $28,500 $1,750 $26,750
2019 $1,458 $25,160 $1,480 $23,680
2018 $1,474 $25,160 $1,480 $23,680
2017 $1,603 $25,160 $1,480 $23,680
2016 $1,603 $27,360 $1,480 $25,880
2015 $1,529 $27,360 $1,480 $25,880
2014 $1,479 $27,360 $1,480 $25,880
Source: Public Records

Agents Affiliated with this Home

  • Janet Miller

    Seller's Agent in 2023

    Janet Miller

    RE/MAX

    (937) 477-4710

    36 in this area

    61 Total Sales

    Section Image
  • Robert Speckert

    Buyer's Agent in 2023

    Robert Speckert

    eXp Realty

    (513) 478-7599

    1 in this area

    131 Total Sales

    Section Image
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Map

Source: Dayton REALTORS®

MLS Number: 889725

Dayton REALTORS®

APN: A02-0002-0015-0-0471-00

Ohio Greene County Fairborn 45324

405 Patterson St, Fairborn, OH

This home is located at 405 Patterson St, Fairborn, OH 45324 since 15 July 2023 and is currently estimated at $181,167, approximately $109 per square foot. This property was built in 1972. 405 Patterson St is a home located in Greene County with nearby schools including Fairborn Primary School, Fairborn Intermediate School, and Baker Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Dayton REALTORS® The information is being provided by Dayton Area Board of Realtors MLS. Information deemed reliable but not guaranteed. Information is provided for the consumer's personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Dayton Area Board of Realtors MLS. All Rights Reserved.

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