NOT LISTED FOR SALE

408 W Wabash St Montpelier, OH 43543

Estimated Value: $116,000 - $259,561

4 Beds
2 Baths
2,058 Sq Ft
$95/Sq Ft Est. Value

Last Sold August 29, 2012

Last sale price $265,000 $129 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $1,355/month

449 Days on Market

Highlights

  • 0.93 Acre Lot
  • Forced Air Heating and Cooling System
  • Rectangular Lot
  • Patio
  • Garage
  • Carpet

About This Home

As of August 2012

HERE IS A CHANCE TO BUY 3 DUPLEXES THAT ARE VERY NICE. THE APARTMENTS ARE COMPLETELY FULL AND THE TENANTS PAY ALL THE UTILITIES. ONE LEVEL, GARAGES, ALL KITCHEN APPLIANCES STAY, CENTRAL AIR, BACK PATIO AND MORE. LOOKING FOR A GREAT PLACE TO INVEST? THIS IS IT! SET YOUR APPOINTMENT UP TODAY.

Last Agent to Sell the Property

Terry Zimmerman

The Carlin Company License #2006006352 Listed on: 06/02/2011

Last Buyer's Agent

Terry Zimmerman

The Carlin Company License #2006006352 Listed on: 06/02/2011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,373

Year Built

  • Built in 1996

Lot Details

  • 0.93 Acre Lot
  • Rectangular Lot

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,058 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Parking

  • Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio

Schools

  • Montpelier Elementary School
  • Montpelier High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 3 Buildings

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, heat, water
  • The owner pays for common area maintenance, grounds care, insurance, snow removal, taxes
  • Tax Lot 34-36
  • Assessor Parcel Number 072-110-71-001.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,373

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1996
  • Lot Size Acres: 0.93
  • Lot Size: .93
  • Inclusions: ,,
  • Subdivision Name: Other
  • Garage Yn: Yes
  • Unit Levels: One
  • Structure Type: Apartment
  • Property Sub Type Additional: Multi Family
  • Special Features: None

Interior Features

  • Stories: 1
  • Flooring: Carpet
  • Number Of Buildings: 3
  • Owner Pays: Common Area Maintenance, Grounds Care, Insurance, Snow Removal, Taxes
  • Has Basement: Crawl Space
  • Interior Amenities: Cable TV
  • Living Area: 2058.0
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Lot Features: Rectangular Lot
  • Disclosures: Seller Disclosure
  • Construction Type: Vinyl Siding
  • Foundation Details: Crawlspace
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Concrete, Driveway, Garage, Garage Door Opener

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Sanitary
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator
  • Cooling: Central Air
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Water Source: Public

Schools

  • Junior High Dist: Montpeli

Lot Info

  • Parcel #: 072-110-71-001.000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Cable TV, Electricity, Gas, Heat, Water

Tax Info

  • Tax Lot: 34-36

MLS Schools

  • Elementary School: Montpelier
  • HighSchool: Montpelier

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2011
Closed on
Aug 28, 2012
Sold by
Shepard Barbara Jean and Shepard Barbara J
Bought by
Ninety Nine Enterprises Llc
Seller's Agent
Terry Zimmerman
The Carlin Company
Buyer's Agent
Terry Zimmerman
The Carlin Company
List Price
$298,000
Sold Price
$265,000
Premium/Discount to List
-$33,000
-11.07%
Current Estimated Value
$196,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$68,860
Avg. Annual Appreciation
-1.95%

Purchase Details

Closed on
Nov 10, 2011
Sold by
Estate Of Roger Paul Shepard
Bought by
Shepard Barbara Jean

Purchase Details

Closed on
Aug 2, 1995
Bought by
Wolff Laura
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
Ninety Nine Enterprises Llc $265,000 None Available
Shepard Barbara Jean -- None Available
Wolff Laura -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shepard Roger P $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2012 08/29/12 Sold $265,000 -11.1% $129 / Sq Ft
08/24/2012 08/24/12 Pending -- -- --
06/02/2011 06/02/11 For Sale $298,000 -- $145 / 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 $3,373 $96,430 $4,130 $92,300
2023 $3,373 $48,720 $3,360 $45,360
2022 $1,899 $48,720 $3,360 $45,360
2021 $1,897 $48,720 $3,360 $45,360
2020 $1,642 $40,600 $2,800 $37,800
2019 $1,632 $40,600 $2,800 $37,800
2018 $1,631 $40,600 $2,800 $37,800
2017 $1,422 $35,460 $2,800 $32,660
2016 $1,382 $35,460 $2,800 $32,660
2015 $1,464 $35,460 $2,800 $32,660
2014 $1,464 $35,460 $2,800 $32,660
2013 $1,464 $35,460 $2,800 $32,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 5026869

Northwest Ohio Real Estate Information Service (NORIS)

APN: 072-110-71-001.000