NOT LISTED FOR SALE

489 Glessner Ave Mansfield, OH 44903

Estimated Value: $136,000 - $147,551

4 Beds
2 Baths
2,184 Sq Ft
$65/Sq Ft Est. Value

Last Sold April 17, 2019

Last sale price $78,000 $36 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $890/month

9 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Window Unit Cooling System
  • Dining Room
  • Eat-In Kitchen
  • Forced Air Heating System
  • Paddle Fans

About This Home

As of April 2019

Walking distance to Ohio Health. Fantastic rental history. Two 2 bedroom units with 2184 square feet. Eat in equipped kitchen. Formal dining rooms. Beautiful woodwork and built-ins. Finished 3rd-floor bonus room, perfect for company. Newer furnace. Newer hot water tanks. 2 enclosed front porches. Washer and dryer hook ups. 2 car detached garage. Projected rent: $975. Utilities split. Concrete drive. Shown by appointment only. 24/48 hour notice to show, tenants rights.

Last Agent to Sell the Property

Karen Hill

RE/MAX First Realty License #420807 Listed on: 03/07/2019

RE/MAX First Realty

Last Buyer's Agent

Karen Hill

RE/MAX First Realty License #420807 Listed on: 03/07/2019

RE/MAX First Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,858

Year Built

  • Built in 1920

Lot Details

  • 4,568

Home Design

  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Paddle Fans
  • Dining Room
  • Wall to Wall Carpet
  • Sump Pump

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Bathrooms

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Shared Driveway
  • Open Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • 4,568 Sq Ft Lot
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 0270208007000

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,660
  • Maintenance Expense $500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,858

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1049
  • Lot Size: 40 x 114.2
  • Road Surface Type: Paved
  • Directions: Marion Avenue to Glessner.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Onsite Built
  • Year Built: 1920
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Refrigerator, Gas Water Heater, Other-See Remarks, Range, Dishwasher
  • Has Basement: Other-See Remarks, Sump Pump
  • Total Bedrooms: 4
  • Flooring: Wall/Wall Carpet
  • Interior Amenities: Paddle Fans, Eat-in Kitchen, Other-See Remarks, Main Level Primary Bedroom, Dining Room

Exterior Features

  • Lot Features: City Lot
  • Disclosures: Property Disclosure
  • Home Warranty: No
  • Construction Type: Aluminum Siding

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Shared Driveway, Concrete, Driveway (Other See Remarks), Garage Door Opener, 2 Spaces, Other-See Remarks
  • Total Parking Spaces: 2

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Natural Gas, Other-See Remarks, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: Mansfield City School District

Lot Info

  • Lot Size Sq Ft: 4568
  • Farm Land Area Units: Square Feet
  • Parcel #: 0270208007000
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1660
  • Maintenance Expense: 500

Tax Info

  • Tax Annual Amount: 1858.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2019
Closed on
Apr 17, 2019
Sold by
Pounds Matthew L and Pounds Bonnie S
Bought by
Burdette Eli B
Seller's Agent
Karen Hill
RE/MAX First Realty
Buyer's Agent
Karen Hill
RE/MAX First Realty
List Price
$82,900
Sold Price
$78,000
Premium/Discount to List
-$4,900
-5.91%
Current Estimated Value
$142,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,138
Avg. Annual Appreciation
9.61%
Original Mortgage
$70,200
Outstanding Balance
$61,529
Interest Rate
4.15%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$80,609

Purchase Details

Closed on
Oct 19, 2007
Sold by
M & B Rentals
Bought by
Pounds Matthew L and Pounds Bonnie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,080
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 1996
Sold by
Est Samuel B Terman
Bought by
M & B Rentals

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,175
Interest Rate
9.13%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Burdette Eli B $78,000 Chicago Title Agency
Pounds Matthew L $76,350 Southern Title
M & B Rentals $62,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burdette Eli B $70,200
Previous Owner Pounds Matthew L $61,080
Previous Owner M & B Rentals $47,175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2019 04/17/19 Sold $78,000 -5.9% $36 / Sq Ft
03/18/2019 03/18/19 Pending -- -- --
03/08/2019 03/08/19 For Sale $82,900 -- $38 / Sq Ft
Source: Mansfield Association of REALTORS®

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 $1,723 $36,460 $2,870 $33,590
2023 $1,723 $36,460 $2,870 $33,590
2022 $1,479 $26,240 $2,460 $23,780
2021 $1,489 $26,240 $2,460 $23,780
2020 $1,544 $26,240 $2,460 $23,780
2019 $1,883 $28,880 $2,460 $26,420
2018 $1,858 $28,880 $2,460 $26,420
2017 $1,715 $28,880 $2,460 $26,420
2016 $1,621 $25,100 $3,400 $21,700
2015 $1,548 $25,100 $3,400 $21,700
2014 $1,528 $25,100 $3,400 $21,700
2012 $585 $25,090 $3,570 $21,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mansfield Association of REALTORS®

MLS Number: 9043022

Mansfield Association of REALTORS®

APN: 027-02-080-07-000