Seller's Agent in 2023
Marc Rice
Reafco
(614) 363-2787
6 in this area
141 Total Sales
431 N 11th St Cambridge, OH 43725
Estimated Value: $112,397 - $146,000
4
Beds
2
Baths
2,014
Sq Ft
$68/Sq Ft
Est. Value
About This Home
As of September 2023Fully turnkey duplex rented for $1,300/mo. Cap rate potential upwards potential for 10.5% through rent increases. These properties are fully stabilized through significant improvements and currently under professional management with an experienced local property manager. All units have room for rental growth and rent increase. Preferably sold as package with 435 Gomber, 1207 Steubenville, 1001 Beatty, 902 Beatty, and 500 N 9th. Request Offering Memorandum for more details on property/portfolio.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,237
Year Built
- Built in 1900
Lot Details
- 6,534
Home Design
- 2,014 Sq Ft Home
- Duplex
- Frame Construction
Parking
- 2 Parking Spaces
- Off-Street Parking: 1
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- The owner pays for trash collection
- Assessor Parcel Number 060006231000
Community Details
Overview
- 2 Units
Building Details
- Operating Expense $6,090
- Gross Income $15,600
- Net Operating Income $9,510
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 4, 2023
Closed on
Sep 7, 2023
Sold by
368 Properties Llc
Bought by
Jomak Properties Llc
Seller's Agent
Marc Rice
Reafco
Buyer's Agent
Marc Rice
Reafco
List Price
$124,900
Sold Price
$117,500
Premium/Discount to List
-$7,400
-5.92%
Views
78
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,849
Avg. Annual Appreciation
5.89%
Original Mortgage
$235,000
Interest Rate
7.44%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 4, 2023
Closed on
Sep 6, 2023
Sold by
Redwood Capital Group Llc
Bought by
Jomak Properties Llc
Seller's Agent
Marc Rice
Reafco
Buyer's Agent
Marc Rice
Reafco
List Price
$124,900
Sold Price
$117,500
Premium/Discount to List
-$7,400
-5.92%
Views
78
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
7.44%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 25, 2022
Sold by
Cameli Enterprises Llc
Bought by
Redwood Capital Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,000
Interest Rate
3.89%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Aug 5, 2008
Sold by
Velazco Rosalyn D and Velazco David
Bought by
Cameli Enterprises Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jomak Properties Llc | $117,500 | Landsel Title | |
| Jomak Properties Llc | $117,500 | Landsel Title | |
| 368 Properties Llc | -- | Landsel Title | |
| Redwood Capital Group Llc | $742,000 | None Listed On Document | |
| Cameli Enterprises Llc | $33,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Jomak Properties Llc | $235,000 | |
| Previous Owner | Redwood Capital Group Llc | $517,000 | |
| Previous Owner | Cameli Enterprises Llc | $42,758 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2023 09/11/23 | Sold | $117,500 | -5.9% | $58 / Sq Ft |
| 05/04/2023 05/04/23 | For Sale | $124,900 | -- | $62 / Sq Ft |
Source: Columbus and Central Ohio Regional MLS
Tax History Compared to Growth
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 | $1,429 | $28,780 | $6,818 | $21,962 |
| 2023 | $1,429 | $24,566 | $5,820 | $18,746 |
| 2022 | $1,237 | $24,390 | $5,820 | $18,570 |
| 2021 | $1,225 | $24,390 | $5,820 | $18,570 |
| 2020 | $1,151 | $22,560 | $5,260 | $17,300 |
| 2019 | $1,138 | $22,560 | $5,260 | $17,300 |
| 2018 | $1,028 | $22,560 | $5,260 | $17,300 |
| 2017 | $987 | $19,560 | $4,570 | $14,990 |
| 2016 | $988 | $19,560 | $4,570 | $14,990 |
| 2015 | $988 | $19,560 | $4,570 | $14,990 |
| 2014 | -- | $17,600 | $3,980 | $13,620 |
| 2013 | $897 | $17,600 | $3,980 | $13,620 |
Source: Public Records
Agents Affiliated with this Home
-
Marc Rice
Map
Source: Columbus and Central Ohio Regional MLS
MLS Number: 223012800
APN: 06-0006231.000
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.
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Information is deemed reliable but not guaranteed.
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