Seller's Agent in 2023
Marc Rice
Reafco
(614) 363-2787
154 Total Sales
500 N 9th St Cambridge, OH 43725
Cambridge Area
4
Beds
--
Bath
2,500
Sq Ft
1900
Built
About This Home
As of November 2023Fully turnkey 4-plex rented for $2,681/mo. Current cap rate 8.8% with upwards potential for 10% 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 431 N 11th, 1207 Steubenville, 1001 Beatty, 435 Gomber, and 902 Beatty. Request Offering Memorandum for more details on property/portfolio.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,575
Year Built
- Built in 1900
Home Design
- 2,500 Sq Ft Home
- Mixed Use
- Frame Construction
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Additional Features
- Basement
Listing and Financial Details
- The owner pays for trash collection
- Assessor Parcel Number 060003337000
Community Details
Overview
- 4 Units
Building Details
- Operating Expense $11,843
- Gross Income $32,172
- Net Operating Income $20,329
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 25, 2023
Closed on
Nov 16, 2023
Sold by
Bought by
Seller's Agent
Marc Rice
Reafco
Buyer's Agent
Clinton McGilvray
Leonard and Newland RealEstate
List Price
$229,900
Sold Price
$225,000
Premium/Discount to List
-$4,900
-2.13%
Views
10
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
0.0776%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 25, 2022
Sold by
Bought by
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
0.0389%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Mar 30, 2005
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| $82,600 | Landsel Title | ||
| $142,500 | Landsel Title | ||
| $742,000 | None Listed On Document | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $225,000 | ||
| Previous Owner | $517,000 | ||
| Previous Owner | $52,460 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/30/2023 11/30/23 | Sold | $225,000 | -2.1% | $90 / Sq Ft |
| 05/04/2023 05/04/23 | For Sale | $229,900 | -- | $92 / Sq Ft |
Source: Columbus and Central Ohio Regional MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,662 | $26,953 | $5,089 | $21,864 |
| 2024 | $1,664 | $26,954 | $5,093 | $21,861 |
| 2023 | $1,640 | $26,215 | $4,354 | $21,861 |
| 2022 | $1,575 | $26,210 | $4,350 | $21,860 |
| 2021 | $1,549 | $26,210 | $4,350 | $21,860 |
| 2020 | $1,502 | $24,670 | $3,570 | $21,100 |
| 2019 | $1,493 | $24,670 | $3,570 | $21,100 |
| 2018 | $1,431 | $24,670 | $3,570 | $21,100 |
| 2017 | $1,444 | $24,670 | $3,570 | $21,100 |
| 2016 | $1,447 | $24,670 | $3,570 | $21,100 |
| 2015 | $1,447 | $24,670 | $3,570 | $21,100 |
| 2014 | -- | $24,210 | $3,110 | $21,100 |
| 2013 | $1,438 | $24,210 | $3,110 | $21,100 |
Source: Public Records
Agents Affiliated with this Home
-
Marc Rice
-
Clinton McGilvray
Buyer's Agent in 2023
Clinton McGilvray
Leonard and Newland RealEstate
(740) 297-6343
3 in this area
40 Total Sales
-
Jessy Moore
Buyer Co-Listing Agent in 2023
Jessy Moore
J Moore Realty Group
(740) 704-7324
57 Total Sales
Map
Source: Columbus and Central Ohio Regional MLS
MLS Number: 223012795
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Information is deemed reliable but not guaranteed.
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