NOT LISTED FOR SALE

4108 Milan Rd Sandusky, OH 44870

Estimated Value: $501,000

0.81 Acre
$619,283 Price per Acre
35,240 Sq Ft Lot

Last Sold June 07, 2022

Last sale price $54,000

Est. 828% increase in value since last sale

Current estimated payment $3,126/month

111 Days on Market

About This Lot

As of June 2022

GROUND LEASE. Listing price reflects $54,000 per year NNN ground lease of parcel. Existing building to be demolished. No use restrictions. Great location on US 250, less than 5 miles to Cedar Point. Access to traffic signal through Sandusky Mall Blvd. Owner will build-to-suit, starting at 2,400 SF - see agent for details and pricing. Principal of owner is licensed agent.

Last Agent to Sell the Property

John Hoty

Hoty Enterprises, Inc. License #2001013563 Listed on: 01/17/2022

Co-Listed By

Default zSystem

zSystem Default

Property Details

Property Type

  • Land

Lot Details

  • 0.81 Acre Lot
  • Lot Dimensions are 121 x 290

Listing and Financial Details

  • Assessor Parcel Number 3200515.000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • PropertySubType: Commercial,Unimproved Land
  • PropertyType: Land
  • Lot Size Acres: 0.809
  • MLS Status: Leased/Rented
  • Directions: Located on US 250, north of Route 2 and south of Strub Road. In front of Target.
  • Tax Year: 2021
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: No

Utilities

  • Electricity On Property: No
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: Perkins

Lot Info

  • Lot Dimensions: 121 x 290
  • Lot Size Sq Ft: 35240.04
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3200515.000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 16948.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2022
Closed on
Apr 27, 2022
Sold by
5507 Milan Properties Ltd
Bought by
Hoty 250 Target Ltd
Seller's Agent
John Hoty
Hoty Enterprises, Inc.
List Price
$54,000
Sold Price
$54,000
Current Estimated Value
$501,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,000
Original Mortgage
$500,000
Outstanding Balance
$470,017
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2021
Sold by
Arc Cafehld001 Llc
Bought by
5507 Milan Properties Ltd
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hoty 250 Target Ltd -- Hartung Title
5507 Milan Properties Ltd $237,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoty 250 Target Ltd $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2022 06/07/22 Sold $54,000 0.0% --
05/08/2022 05/08/22 Pending -- -- --
01/17/2022 01/17/22 For Sale $54,000 -- --
Source: Firelands Association of 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 $21,771 $334,361 $150,069 $184,292
2023 $21,771 $120,340 $120,340 $0
2022 $18,628 $249,374 $120,340 $129,034
2021 $16,948 $224,000 $120,340 $103,660
2020 $15,533 $220,880 $120,340 $100,540
2019 $15,754 $220,880 $120,340 $100,540
2018 $15,865 $220,880 $120,340 $100,540
2017 $15,589 $218,600 $113,260 $105,340
2016 $13,873 $218,600 $113,260 $105,340
2015 $13,874 $218,600 $113,260 $105,340
2014 $14,079 $222,280 $172,720 $49,560
2013 $13,224 $222,280 $172,720 $49,560
Source: Public Records

Agents Affiliated with this Home

  • John Hoty

    Seller's Agent in 2022

    John Hoty

    Hoty Enterprises, Inc.

    (419) 502-2915

    49 in this area

    61 Total Sales

    John Hoty
    Section Image

  • D

    Seller Co-Listing Agent in 2022

    Default zSystem

    zSystem Default

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Map

Source: Firelands Association of REALTORS®

MLS Number: 20220161

APN: 32-00515-000

Ohio Erie County Sandusky 44870

4108 Milan Rd, Sandusky, OH

Not Listed for Sale

Lots

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