Seller's Agent in 2023
Michelle Parsley
Keller Williams Seven Hills
(513) 368-9491
1 in this area
113 Total Sales
465 E Pike St Morrow, OH 45152
Salem Township Neighborhood
15
Beds
7.5
Baths
5,838
Sq Ft
1.45
Acres
About This Home
As of April 2023Huge multifamily featuring five three bedroom units and additional acreage. Former nursing home converted into cash-flowing apartment with gross income of $59,400, four leases that expire in the spring and one month-to-month tenant. 8% cap rate with actuals. Great up side with market rental comps of $1250-$1400. LOW OWNER EXPENSES. Tenants pay water and heat, owner pays trash and common space electric. Short distance to The Village of Morrow!
Last Agent to Sell the Property
Keller Williams Seven Hills Brokerage Phone: (513) 766-9200 Listed on: 02/07/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $454
Year Built
- 1953
Lot Details
- 1.45
Parking
- No Garage
Home Design
- Aluminum Siding
Interior Spaces
- 5,838 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 15 Bedrooms
Additional Features
- 1.45 Acre Lot
- No Cooling
Community Details
- 5 Units
- Pinecrest Subdivision
Listing and Financial Details
- Assessor Parcel Number 17122260051
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 7, 2023
Closed on
Apr 20, 2023
Sold by
Dubrall Family Trust
Bought by
Bourbon Street Investments Llc
Seller's Agent
Michelle Parsley
Keller Williams Seven Hills
Buyer's Agent
Jamie Rudy
Coldwell Banker Heritage
List Price
$480,000
Sold Price
$451,000
Premium/Discount to List
-$29,000
-6.04%
Views
169
Purchase Details
Listed on
Apr 16, 2021
Closed on
Jun 21, 2021
Sold by
Leland Real Estate Llc
Bought by
Dubrall Leroy and Dubrall Family Trust
Seller's Agent
Gillian Barnes
Keller Williams Advisors
Buyer's Agent
Cindy Howard
Sibcy Cline, Inc.
List Price
$525,000
Sold Price
$465,000
Premium/Discount to List
-$60,000
-11.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.66%
Purchase Details
Closed on
Nov 16, 2017
Sold by
Future Investments J & M
Bought by
Leland Real Estate Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.95%
Purchase Details
Closed on
Jun 22, 2010
Sold by
Pc Real Properties Llc
Bought by
Future Investments J & M Llc
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
4.97%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Apr 18, 2007
Sold by
Sagin Serdar S and Sagin Monika A
Bought by
Pc Real Properties Llc
Purchase Details
Closed on
May 12, 2006
Sold by
Kilburn Freda
Bought by
Sagin Serdar and Sagin Monika
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.68%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 18, 1996
Sold by
Lykins Marie
Bought by
Kilburn Freda M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,900
Interest Rate
8.31%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 23, 1984
Sold by
Kilburn Kilburn and Kilburn Freda
Bought by
Freda Kilburn and Freda Freda
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 |
|---|---|---|---|
| Bourbon Street Investments Llc | $451,000 | None Listed On Document | |
| Dubrall Leroy | $465,000 | None Available | |
| Leland Real Estate Llc | -- | -- | |
| Future Investments J & M Llc | $230,000 | Technetitle | |
| Pc Real Properties Llc | -- | None Available | |
| Sagin Serdar | $210,000 | Old Town Title | |
| Kilburn Freda M | $120,000 | -- | |
| Freda Kilburn | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Leland Real Estate Llc | -- | |
| Previous Owner | Future Investments J & M Llc | $30,000 | |
| Previous Owner | Sagin Serdar | $168,000 | |
| Previous Owner | Kilburn Freda M | $135,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2023 04/21/23 | Sold | $451,000 | -1.5% | $77 / Sq Ft |
| 03/15/2023 03/15/23 | Pending | -- | -- | -- |
| 03/06/2023 03/06/23 | Price Changed | $458,000 | -4.6% | $78 / Sq Ft |
| 02/07/2023 02/07/23 | For Sale | $480,000 | +3.2% | $82 / Sq Ft |
| 09/20/2021 09/20/21 | Off Market | $465,000 | -- | -- |
| 06/21/2021 06/21/21 | Sold | $465,000 | -11.4% | $80 / Sq Ft |
| 05/18/2021 05/18/21 | Pending | -- | -- | -- |
| 04/16/2021 04/16/21 | For Sale | $525,000 | -- | $90 / Sq Ft |
Source: Dayton REALTORS®
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 | $454 | $7,610 | $7,610 | $210,588 |
| 2023 | $461 | $6,912 | $6,912 | $126,420 |
| 2022 | $460 | $6,913 | $6,913 | $0 |
| 2021 | $453 | $6,913 | $6,913 | $0 |
| 2020 | $507 | $6,913 | $6,913 | $0 |
| 2019 | $515 | $6,913 | $6,913 | $0 |
| 2018 | $523 | $6,913 | $6,913 | $0 |
| 2017 | $508 | $6,913 | $6,913 | $0 |
| 2016 | $518 | $6,913 | $6,913 | $0 |
| 2015 | $485 | $6,913 | $6,913 | $0 |
| 2014 | $506 | $6,910 | $6,910 | $0 |
| 2013 | $498 | $6,910 | $6,910 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Parsley
-
Jamie Rudy
Buyer's Agent in 2023
Jamie Rudy
Coldwell Banker Heritage
(937) 728-1109
5 in this area
200 Total Sales
-
Gillian Barnes
Seller's Agent in 2021
Gillian Barnes
Keller Williams Advisors
(513) 554-5000
1 in this area
78 Total Sales
-
D
Seller Co-Listing Agent in 2021
David Barnes
Keller Williams Advisors
(513) 348-7113
-
Cindy Howard
Buyer's Agent in 2021
Cindy Howard
Sibcy Cline
(513) 932-6334
5 in this area
99 Total Sales
Map
Source: Dayton REALTORS®
MLS Number: 880206
APN: 4807766
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.
The information is being provided by Dayton Area Board of Realtors MLS. Information deemed reliable but not guaranteed. Information is provided for the consumer's personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Dayton Area Board of Realtors MLS. All Rights Reserved.
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