NOT LISTED FOR SALE

453 College Ave Fostoria, OH 44830

Estimated Value: $102,345 - $163,000

5 Beds
2 Baths
2,075 Sq Ft
$63/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $105,000 $51 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $777/month

69 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 3-minute walk to Gray Park
  • Patio
  • Wood Siding

About This Home

As of May 2024

Investment opportunity! Each unit is two stories. They have second floor bathrooms and bedrooms, spacious rooms, private front and back entrances, along with a unit basement area that includes laundry hook ups. Unit 1 is completely remodeled offering 2 bedrooms, 1 bathroom, central air, new furnace, new water heater, and new windows. The second unit is 3 bedrooms and 1 bathroom. The bathroom has been updated with a new flooring, bath tub, and a vanity. There is a 1.5 car garage off the dead end alley and street parking available. Both units are currently occupied with tenants.

Last Agent to Sell the Property

Samantha Evans

Key Realty License #2014001631 Listed on: 02/28/2024

Key Realty

Last Buyer's Agent

NORIS Member NON

NON MLS MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,161

Year Built

  • Built in 1910

Lot Details

  • 6,970

Home Design

  • Duplex
  • Flat Roof Shape
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Partial Basement

Flooring

  • Wood
  • Carpet

Parking

  • 2 Parking Spaces
  • Alley Access
  • Driveway

Schools

  • Fostoria Elementary School
  • Fostoria High School

Utilities

  • No Cooling
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Heater

Additional Features

  • Patio
  • 6,970 Sq Ft Lot

Community Details

  • 3 Units
  • 2 Leased Units

Listing and Financial Details

  • Tenant pays for electricity, gas, lawn care, sewer, snow removal, water
  • The owner pays for exterior maintenance, repairs, taxes
  • Assessor Parcel Number 54-0000142770

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,161

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1910
  • Lot Size Acres: 0.16
  • Lot Size: 6,850
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Carport Y N: No
  • Structure Type: Duplex
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Wood
  • Number Of Buildings: 1
  • Owner Pays: Exterior Maintenance, Repairs, Taxes
  • Has Basement: Partial
  • Basement YN: Yes
  • Stories: 2

Exterior Features

  • Roof: Flat, Shingle
  • Disclosures: Lead Based Paint Disclosure, Property Disclosure
  • Construction Type: Wood Siding
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Parking Features: Alley Access, Detached Garage, Driveway
  • Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Sanitary Sewer
  • Appliances: Water Heater, Refrigerator
  • Cooling: Central Air, None
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Fostoria

Lot Info

  • Lot Size Sq Ft: 6852.0
  • Parcel #: 54-0000142770

Rental Info

  • Lease Term: ["Month To Month"]
  • Tenant Pays: Electricity, Gas, Lawn Care, Sewer, Snow Removal, Water

Multi Family

  • Number Of Units Total: 3
  • Number Of Units Leased: 2
  • Total Actual Rent: 1650.0

MLS Schools

  • Elementary School: Fostoria
  • HighSchool: Fostoria

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
May 10, 2024
Sold by
Eisenman Desirae A and Eisenman William J
Bought by
40-60 Property Management Llc
Seller's Agent
Samantha Evans
Key Realty
Buyer's Agent
NORIS Member NON
NON MLS MEMBER
List Price
$140,000
Sold Price
$105,000
Premium/Discount to List
-$35,000
-25%
Views
29
Current Estimated Value
$129,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,836
Avg. Annual Appreciation
15.89%
Original Mortgage
$78,750
Outstanding Balance
$74,272
Interest Rate
6.06%
Mortgage Type
New Conventional
Estimated Equity
$55,564

Purchase Details

Closed on
Sep 19, 2023
Sold by
Gangwer Revocable Living Trust
Bought by
Eisenman William J and Eisenman Desirae A

Purchase Details

Closed on
Mar 10, 2021
Sold by
Gangwer Clarence W and Gangwer Revocable Living Trust
Bought by
Eisenman William J and Eisenman Desirae A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
2.7%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Aug 26, 2016
Bought by
Gangwer Clarence W Tee and Gangwer Rev Livin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.43%

Purchase Details

Closed on
Apr 15, 1993
Bought by
Gangwer Emma A
Source: Public Records

Range of Values:

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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
40-60 Property Management Llc $105,000 Assured Title
40-60 Property Management Llc $105,000 Assured Title
Eisenman William J -- None Listed On Document
Eisenman William J -- None Listed On Document
Eisenman William J $30,000 None Available
Gangwer Clarence W Tee -- --
Gangwer Emma A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 40-60 Property Management Llc $78,750
Closed 40-60 Property Management Llc $78,750
Previous Owner Eisenman William J $30,000
Previous Owner Gangwer Clarence W Tee --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2024 05/10/24 Sold $105,000 -25.0% $51 / Sq Ft
02/28/2024 02/28/24 For Sale $140,000 -- $67 / 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 $1,161 $22,800 $3,470 $19,330
2023 $1,158 $22,800 $3,470 $19,330
2022 $1,261 $22,800 $3,470 $19,330
2021 $1,008 $17,540 $3,640 $13,900
2020 $1,013 $17,540 $3,640 $13,900
2019 $1,008 $17,540 $3,640 $13,900
2018 $902 $15,300 $3,170 $12,130
2017 $901 $15,300 $3,170 $12,130
2016 $795 $15,300 $3,170 $12,130
2015 $845 $16,290 $3,990 $12,300
2014 $845 $16,290 $3,990 $12,300
2012 $816 $15,640 $3,990 $11,650
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Samantha Evans

    Key Realty

    Section Image

  • N

    Buyer's Agent in 2024

    NORIS Member NON

    NON MLS MEMBER

See All Agents

Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6112244

Northwest Ohio Real Estate Information Service (NORIS)

APN: 54-0000142770

Ohio Hancock County Fostoria 44830

453 College Ave, Fostoria, OH

This home is located at 453 College Ave, Fostoria, OH 44830 since 28 February 2024 and is currently estimated at $129,836, approximately $62 per square foot. This property was built in 1910. 453 College Ave is a home located in Hancock County with nearby schools including Fostoria Intermediate Elementary School and Fostoria Junior/Senior High School.

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.

Northwest Ohio Real Estate Information Service (NORIS) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. ©2025 NORIS. All rights reserved.

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