NOT LISTED FOR SALE

41 S Main St Rittman, OH 44270

Estimated Value: $123,000 - $161,000

4 Beds
2 Baths
1,820 Sq Ft
$77/Sq Ft Est. Value

Last Sold August 24, 2021

Last sale price $85,000 $47 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $839/month

10 Days on Market

About This Home

As of August 2021

Calling all investors. You will need to add this money maker to your portfolio with an 11.8% cap rate. The upstairs has been updated with new paint and carpet and could potentially be a 3 bedroom with the attic space. It is ready to be rented. The downstairs is rented under a lease until Jan 2022.

Last Agent to Sell the Property

Brenda Cyrus

Home Equity Realty Group License #2014000996 Listed on: 06/21/2021

Last Buyer's Agent

Crystal Jontony

EXP Realty, LLC. License #2020000849

EXP Realty, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,311

Year Built

  • Built in 1925

Lot Details

  • 7,501 Sq Ft Lot

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,820 Sq Ft Home
  • 2.5-Story Property
  • Basement Fills Entire Space Under The House
  • Range
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable/electric link
  • The owner pays for pays all
  • Assessor Parcel Number 63-00286-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,311

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 46.70
  • Estimated Price per Sq Ft: 46.70
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.50
  • Total Sq Ft: 1820
  • Year Built: 1925
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Appliances Equipment: Range, Refrigerator
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1820.00
  • Sq Ft Approx Total Finished: 1820.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Utilities

  • LaundryFeatures: In Unit
  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Rittman EVSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1722
  • Parcel Number: 63-00286-000

Rental Info

  • Owner Pays: Pays All
  • Tenant Pays: Cable/Electric Link

Multi Family

  • Unit Count: 2
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 50

Tax Info

  • Tax: 1311

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2021
Closed on
Aug 11, 2021
Sold by
Hartzler Vincent L and Hartzler Jane E
Bought by
Michael Nesreen Samy
Seller's Agent
Brenda Cyrus
Home Equity Realty Group
Buyer's Agent
Crystal Jontony
EXP Realty, LLC.
List Price
$92,000
Sold Price
$85,000
Premium/Discount to List
-$7,000
-7.61%
Current Estimated Value
$140,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,499
Avg. Annual Appreciation
11.84%
Original Mortgage
$61,846
Outstanding Balance
$56,237
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$84,262

Purchase Details

Closed on
Feb 28, 1992
Sold by
Bodager Robert E and Bodager Marion
Bought by
Hartzler Vincent L and Hartzler Jane

Purchase Details

Closed on
Jun 22, 1987
Bought by
Bodager Robert E and Bodager Marion
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
Michael Nesreen Samy $85,000 Ohio First Land Title
Hartzler Vincent L $45,500 --
Bodager Robert E $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michael Nesreen Samy $61,846
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2021 08/24/21 Sold $85,000 -7.6% $47 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $92,000 -- $51 / Sq Ft
Source: MLS Now

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 $1,314 $31,280 $9,220 $22,060
2023 $1,319 $31,280 $9,220 $22,060
2022 $1,264 $26,740 $7,880 $18,860
2021 $1,284 $26,740 $7,880 $18,860
2020 $1,311 $26,740 $7,880 $18,860
2019 $1,408 $27,410 $7,740 $19,670
2018 $1,419 $27,410 $7,740 $19,670
2017 $1,393 $27,410 $7,740 $19,670
2016 $1,393 $26,350 $7,440 $18,910
2015 $1,374 $26,350 $7,440 $18,910
2014 $1,371 $26,350 $7,440 $18,910
2013 $1,441 $27,810 $7,390 $20,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4290952

MLS Now

APN: 63-00286-000

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