NOT LISTED FOR SALE
-- Bed
-- Bath
4,116 Sq Ft
4,691 Sq Ft Lot

Last Sold April 24, 2023

Last sale price $319,000 $78 Per Sq Ft

14 Days on Market

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • Private Entrance
  • Radiant Heating System

About This Home

As of April 2023

Turn key investment opportunity. All units rented with some long term tenants. New parking lot in 2021. Some units have been renovated. Serious inquires only. Access inside units can be granted upon acceptance of offer. SEE AGENT REMARKS. Multiple offers received. Seller requests highest/best submitted by 1:00 PM Friday April 14, 2023. Offers will not be reviewed prior to 1:00 PM Friday April 14, 2023 and will respond back to all offers by end of day Monday, April 17, 2023.

Last Agent to Sell the Property

Nathan Kerber

Kerber Real Estate License #2015003816 Listed on: 04/01/2023

Last Buyer's Agent

Kathy Brown

RE/MAX Preferred Associates License #2021008277

RE/MAX Preferred Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,473

Year Built

  • Built in 1977

Lot Details

  • 4,691 Sq Ft Lot
  • Private Entrance

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4,116 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Parking

  • 12 Parking Spaces
  • Driveway
  • Parking Lot

Schools

  • Whitmer High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Radiant Heating System
  • Electric Water Heater

Listing and Financial Details

  • Total Actual Rent $4,075
  • Tenant pays for electricity
  • The owner pays for exterior maintenance, insurance, lawn care, management, repairs, snow removal, trash collection, water
  • Month-to-Month Lease Term
  • Tax Lot 25
  • Assessor Parcel Number 22-51081 & 22-51077
  • $166 per year additional tax assessments

Community Details

Overview

  • 8 Units

Building Details

  • 8 Leased Units
  • Operating Expense $28,699
  • Net Operating Income $20,201

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,473

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1977
  • Lot Size Acres: 0.11
  • Lot Size: 4,693
  • Carport Y N: No
  • Status Change Information: Status Change Timestamp: 2023-04-24
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Owner Pays: Exterior Maintenance, Insurance, Lawn Care, Management, Repairs, Snow Removal, Trash Collection, Water
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Lot Features: Other
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Private Entrance
  • Foundation Details: Crawl Space

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, Parking Lot, Driveway
  • Total Parking Spaces: 12.0

Utilities

  • Heating: Electric, Radiant
  • Sewer: Sanitary Sewer
  • Appliances: Water Heater, Refrigerator
  • Cooling: Wall Unit(s), Window Unit(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Washington Local

Lot Info

  • Lot Size Sq Ft: 4691.0
  • Parcel #: 22-51081 & 22-51077

Rental Info

  • Lease Term: ["Month To Month","12 Months"]
  • Tenant Pays: Electricity

Multi Family

  • Net Operating Income: 20201.0
  • Number Of Units Total: 8
  • Number Of Units Leased: 8
  • Annual Operating Expense: 28699.0
  • Total Actual Rent: 4075.0

Tax Info

  • Tax Lot: 25

MLS Schools

  • Elementary School: Other
  • HighSchool: Whitmer
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2023 04/24/23 Sold $319,000 0.0% $78 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
04/05/2023 04/05/23 For Sale $319,000 -- $78 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

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
2025 -- $84,770 $2,660 $82,110
2024 $3,583 $84,770 $2,660 $82,110
2023 $6,690 $68,705 $1,960 $66,745
2022 $6,648 $68,705 $1,960 $66,745
2021 $6,768 $68,705 $1,960 $66,745
2020 $6,583 $62,755 $8,645 $54,110
2019 $6,404 $62,755 $8,645 $54,110
2018 $5,801 $62,755 $8,645 $54,110
2017 $5,647 $59,780 $8,155 $51,625
2016 $5,556 $170,800 $23,300 $147,500
2015 $5,553 $170,800 $23,300 $147,500
2014 $4,981 $59,790 $8,160 $51,630
2013 $4,981 $59,790 $8,160 $51,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6099743

Northwest Ohio Real Estate Information Service (NORIS)