NOT LISTED FOR SALE

501 Main St Dresden, OH 43821

Estimated Value: $160,355

2 Beds
1 Bath
3,720 Sq Ft
$43/Sq Ft Est. Value

Last Sold June 17, 2024

Last sale price $157,150 $42 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,051/month

5 Days on Market

About This Home

As of June 2024

Ready to start generating income! Two units. Each unit serviced by its own gas furnace. First floor has central air. Separate electric services. Tenants pay all utilities increasing the owner's return. Metal roof approx one year old. First floor could be used as a storefront.

Last Agent to Sell the Property

Roberta (Bobbi) Lepi

LEPI & ASSOCIATES Brokerage Phone: 740-455-3730 License #284700 Listed on: 05/02/2024

LEPI & ASSOCIATES

Last Buyer's Agent

Jay Phillis

LEPI & ASSOCIATES License #331000

LEPI & ASSOCIATES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,974

Year Built

  • Built in 1901

Lot Details

  • 2,614 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 3,720 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Utilities

  • No Cooling
  • Central Air
  • Heating System Uses Gas

Additional Features

  • Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 33-10-21-01-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,974

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1901
  • Tax Year: 2023
  • Attribution Contact: 740-455-3730
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.06
  • Co List Office Phone: 740-562-1159
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 3720.0
  • Miscellaneous Basement2: Yes
  • Air Conditioning None3: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Possible Use: Other

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features On Street2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, None
  • Cooling Y N: No
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer

Schools

  • Junior High Dist: TRI VALLEY LSD 6004 MUS CO.

Lot Info

  • Parcel Number: 33-10-21-01-000
  • Lot Size Sq Ft: 2613.6
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1974.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2024
Closed on
Jun 17, 2024
Sold by
L & R Real Estate Ventures Llc
Bought by
Pamelas Law Investment Trust and Wyman
Seller's Agent
Roberta (Bobbi) Lepi
LEPI & ASSOCIATES
Buyer's Agent
Jay Phillis
LEPI & ASSOCIATES
List Price
$155,000
Sold Price
$157,150
Premium/Discount to List
$2,150
1.39%
Views
7
Current Estimated Value
$160,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,205
Avg. Annual Appreciation
1.70%
Original Mortgage
$110,250
Outstanding Balance
$109,054
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$51,301

Purchase Details

Closed on
Nov 19, 2021
Sold by
Larsons Path Llc
Bought by
L & R Real Estate Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,833
Interest Rate
3.09%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 16, 2021
Sold by
L & R Real Ventures Llc
Bought by
Larsons Path Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,610
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 30, 2017
Sold by
Outerlimits Llc
Bought by
L And R Real Estate Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
3.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 30, 2017
Sold by
Hanover Real Estate Management Llc
Bought by
Outerlimits Llc

Purchase Details

Closed on
Apr 10, 2012
Sold by
Burr Enterprises Ltd
Bought by
Sloan Cathy A and Burr Cathy

Purchase Details

Closed on
Aug 27, 2007
Sold by
Fashion Lids Ltd
Bought by
Burr Enterprises Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,656
Interest Rate
6.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 1998
Sold by
Cannon Thomas A
Bought by
Fashion Lids Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,600
Interest Rate
7.27%
Mortgage Type
Commercial
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
Pamelas Law Investment Trust $157,166 Northwest Title
L & R Real Estate Ventures Llc -- None Available
Larsons Path Llc -- None Available
L And R Real Estate Ventures Llc $56,000 None Available
Outerlimits Llc $35,200 None Available
Sloan Cathy A -- Attorney
Burr Enterprises Ltd $92,666 Barrister Lawyers Title
Fashion Lids Ltd $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pamelas Law Investment Trust $110,250
Previous Owner L & R Real Estate Ventures Llc $47,833
Previous Owner Larsons Path Llc $48,610
Previous Owner L And R Real Estate Ventures Llc $56,000
Previous Owner Burr Enterprises Ltd $92,656
Previous Owner The Longaberger Co $40,000,000
Previous Owner Fashion Lids Ltd $97,600
Closed Burr Enterprises Ltd $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2024 06/17/24 Sold $157,150 +1.4% $42 / Sq Ft
05/02/2024 05/02/24 For Sale $155,000 -- $42 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

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 $2,151 $44,380 $5,040 $39,340
2023 $1,974 $35,105 $4,585 $30,520
2022 $1,906 $35,105 $4,585 $30,520
2021 $1,740 $35,105 $4,585 $30,520
2020 $1,603 $35,105 $4,585 $30,520
2019 $1,683 $35,105 $4,585 $30,520
2018 $1,671 $35,105 $4,585 $30,520
2017 $1,551 $30,170 $4,585 $25,585
2016 $1,566 $30,180 $4,590 $25,590
2015 $1,569 $30,180 $4,590 $25,590
2013 $1,685 $30,180 $4,590 $25,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 224013639

Columbus and Central Ohio Regional MLS

APN: 33-10-21-01-000