NOT LISTED FOR SALE

501 Michigan Ave Troy, OH 45373

Estimated Value: $183,000 - $209,000

3 Beds
2 Baths
1,560 Sq Ft
$126/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $153,000 $98 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,205/month

28 Days on Market

Highlights

  • No HOA
  • Porch
  • Asbestos
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Fenced

About This Home

As of October 2021

This 3 bedroom 2 bath older home is ready for a new owner! New flooring in the living and dining rooms. The kitchen offers lots of cabinets. The yard is fenced and there is a 2 car detached garage.

Last Agent to Sell the Property

Marlene Wagner

RE/MAX Victory + Affiliates License #2000041367 Listed on: 08/30/2021

RE/MAX Victory + Affiliates

Co-Listed By

Diane Lyons

RE/MAX Victory + Affiliates License #SAL.2013004330

Last Buyer's Agent

Mark Ryan

RE/MAX Victory + Affiliates License #2007000072

RE/MAX Victory + Affiliates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,042

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Asbestos

Interior Spaces

  • 1,560 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number D08028050

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,042

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Level Style: Two
  • Semi-Annual Tax: 521.00
  • Year Built: 1920
  • Document Count: 1
  • Listing Cond: No
  • Listing I D: 1013525
  • M L S Approved: Y
  • M L S Identifier: 20190724221641160008000000
  • New Financing: Conventional
  • Parcel I D Number Formatted: D08028050
  • Property Group I D: 19990816212109142258000000
  • Subtype: Single Family Residence
  • Type Of Contract: Exclusive Right To Sell
  • Condo Lot Y N: No
  • H O A C O A Y N: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Range, Disposal
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Partial, Unfinished
  • Price/ Sq Ft: 96.09
  • Total Bedrooms: 3
  • Total Square Footage: 1560.00

Exterior Features

  • Exterior: Asbestos, Other
  • Outside Features: Fenced, Porch

Garage/Parking

  • Garage: Detached
  • Garage Spaces: 2.00

Utilities

  • Cooling: Central Air
  • Heating System: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Supplied Water

Schools

  • School District: 5509 Troy CSD

Lot Info

  • Acres: 0.14
  • Lot Dimensions: 50x120
  • Zoning: Residential
  • Land Info: Residential Lot
  • Parcel Id Number: D08028050

Tax Info

  • Tax Year: 2020

MLS Schools

  • School District: 5509 Troy CSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2021
Closed on
Oct 20, 2021
Sold by
Kowrach Robert F and Kowrach Katherine S
Bought by
Gadouas Andrew P and Gadouas Christy Michelle
Seller's Agent
Marlene Wagner
RE/MAX Victory + Affiliates
Buyer's Agent
Mark Ryan
RE/MAX Victory + Affiliates
List Price
$149,900
Sold Price
$153,000
Premium/Discount to List
$3,100
2.07%
Current Estimated Value
$196,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,674
Avg. Annual Appreciation
6.12%
Original Mortgage
$148,410
Outstanding Balance
$137,086
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$55,235

Purchase Details

Closed on
Apr 13, 2005
Sold by
Federal National Mortgage Association
Bought by
Kowrach Robert E and Kowrach Katherine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,100
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2004
Sold by
Zimmerman Brain S
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 10, 1993
Bought by
Zimmerman Brian S
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
Gadouas Andrew P $153,000 None Available
Kowrach Robert E $64,900 --
Federal National Mortgage Association $70,000 --
Zimmerman Brian S $70,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gadouas Andrew P $148,410
Previous Owner Kowrach Robert E $83,900
Previous Owner Federal National Mortgage Association $55,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $153,000 +2.1% $98 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
08/30/2021 08/30/21 For Sale $149,900 -- $96 / Sq Ft
Source: Western Regional Information Systems & Technology (WRIST)

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 $1,591 $42,220 $9,280 $32,940
2023 $1,591 $42,220 $9,280 $32,940
2022 $1,325 $42,220 $9,280 $32,940
2021 $1,073 $31,500 $7,140 $24,360
2020 $1,043 $31,500 $7,140 $24,360
2019 $1,052 $31,500 $7,140 $24,360
2018 $917 $26,430 $6,930 $19,500
2017 $926 $26,430 $6,930 $19,500
2016 $912 $26,430 $6,930 $19,500
2015 $882 $24,470 $6,410 $18,060
2014 $882 $24,470 $6,410 $18,060
2013 $887 $24,470 $6,410 $18,060
Source: Public Records

Agents Affiliated with this Home

  • Marlene Wagner

    Seller's Agent in 2021

    Marlene Wagner

    RE/MAX

    (937) 361-9016

    16 in this area

    80 Total Sales

    Marlene Wagner
    Section Image
  • Diane Lyons

    Seller Co-Listing Agent in 2021

    Diane Lyons

    RE/MAX

    (937) 332-6802

    17 in this area

    81 Total Sales

    Diane Lyons
    Section Image
  • Mark Ryan

    Buyer's Agent in 2021

    Mark Ryan

    RE/MAX

    (937) 353-4290

    1 in this area

    205 Total Sales

    Mark Ryan
    Section Image
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Map

Source: Western Regional Information Systems & Technology (WRIST)

MLS Number: 1013525

Western Regional Information Systems & Technology (WRIST)

APN: D08028050

Ohio Miami County Troy 45373

501 Michigan Ave, Troy, OH

This home is located at 501 Michigan Ave, Troy, OH 45373 since 30 August 2021 and is currently estimated at $196,674, approximately $126 per square foot. This property was built in 1920. 501 Michigan Ave is a home located in Miami County with nearby schools including Troy Junior High School, Van Cleve Elementary School, and Troy High School.

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.

Western Regional Information Systems & Technology (WRIST) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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