NOT LISTED FOR SALE

418 E Monroe St Sandusky, OH 44870

Estimated Value: $64,000 - $162,799

2 Beds
1 Bath
924 Sq Ft
$129/Sq Ft Est. Value

Sale Details

Date Sold: January 22, 2025

Last sale price $150,000 $162 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $690 / mo

13 Days on Market

About This Home

As of January 2025

This beautifully remodeled multi-family dwelling in the heart of Sandusky presents an excellent investment opportunity. With both units currently leased, generating a combined monthly income of $2,089, this property offers immediate cash flow. Its prime location makes it ideal for seasonal rentals, further enhancing its income potential. Whether you're a seasoned investor seeking to expand your portfolio or a first-time buyer looking to leverage rental income, this property provides a solid foundation for financial growth. Seller financing is available, making it even more accessible to realize your investment goals.

Last Agent to Sell the Property

Phillip Stern

Realistar License #2022003783 Listed on: 11/27/2024

Last Buyer's Agent

Min Zhang

Reafco License #2020007987

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $793

Year Built

  • Built in 1930

Lot Details

  • 4,356

Parking

  • Off-Street Parking: 1

Home Design

  • 924 Sq Ft Home
  • Duplex
  • Frame Construction
  • Vinyl Siding

Additional Features

  • 4,356 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 57-00737-000

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $5,000
  • Gross Income $2,200
  • Net Operating Income $19,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$793

Year Built

Built in 1930

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Type: Multi-Family
  • Year Built: 1930
  • Tax Year: 2023
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.1
  • Total Gross Income: 2200.0
  • Co List Office Phone: 614-908-1600
  • MLS Status: Closed
  • Subdivision Name: ERIE-OTTAWA MENTAL HEALTH DIST
  • Location Property Info List PriceSqFt: 167.64
  • Remarks Misc Hot Sheet Comments: new
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 2200.0
  • Annual Expenses: 5000.0
  • General Property Info Building Sq Ft: 924.0
  • Heat Fuel Electric4: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Water Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes
  • Construction:Vinyl Siding2: Yes

Garage/Parking

  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Electricity Available
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: SANDUSKY CSD 2206 ERI CO.

Lot Info

  • Parcel Number: 57-00737-000
  • Lot Size Sq Ft: 4356.0

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 19000.0
  • Annual Operating Expense: 5000.0

Tax Info

  • Tax Annual Amount: 793.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2024
Closed on
Jan 21, 2025
Sold by
Bought by
Seller's Agent
Phillip Stern
Realistar
Buyer's Agent
Min Zhang
Reafco
List Price
$154,900
Sold Price
$150,000
Premium/Discount to List
-$4,900
-3.16%
Views
9
Current Estimated Value
$119,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,800
Avg. Annual Appreciation
-15.04%
Original Mortgage
$108,000
Outstanding Balance
$106,610
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$12,590

Purchase Details

Closed on
Apr 5, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,300
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2021
Sold by
Bought by

Purchase Details

Closed on
Nov 19, 2014
Sold by
Bought by

Purchase Details

Closed on
Jan 29, 1996
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,600
Interest Rate
7.19%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$150,000 None Listed On Document
$18,750 --
-- None Available
-- Attorney
$11,761 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $108,000
Previous Owner $57,300
Previous Owner $11,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/22/2025 01/22/25 Sold $150,000 -3.2% $162 / Sq Ft
12/10/2024 12/10/24 Pending -- -- --
11/27/2024 11/27/24 For Sale $154,900 -- $168 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $559 $14,335 $3,475 $10,860
2024 $559 $14,335 $3,475 $10,860
2023 $729 $12,316 $2,716 $9,600
2022 $656 $12,316 $2,716 $9,600
2021 $630 $12,320 $2,720 $9,600
2020 $660 $11,850 $2,720 $9,130
2019 $678 $11,850 $2,720 $9,130
2018 $679 $11,850 $2,720 $9,130
2017 $883 $15,370 $2,820 $12,550
2016 $883 $15,370 $2,820 $12,550
2015 $800 $15,370 $2,820 $12,550
2014 $795 $15,370 $2,820 $12,550
2013 $787 $15,370 $2,820 $12,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 224041662

Columbus and Central Ohio Regional MLS

APN: 57-00737-000

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