NOT LISTED FOR SALE

502 and 502 1/2 W Clinton St Napoleon, OH 43545

Estimated Value: $100,000 - $157,000

4 Beds
1 Bath
2,104 Sq Ft
$64/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $60,000 $29 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $907/month

36 Days on Market

Highlights

  • Building Security
  • Private Entrance
  • Wood Siding
  • Forced Air Heating and Cooling System
  • Rectangular Lot

About This Home

As of September 2019

Income producing property located blocks from down town. Great rent history. All utilities are separated. Both units have central air, range/oven and refrigerator. Upstairs unit is currently leased and downstairs is vacant. Detached garage allows for storage space for each unit.

Last Agent to Sell the Property

Chad Oberhaus

Howard Hanna License #2003014460 Listed on: 07/08/2019

Howard Hanna

Last Buyer's Agent

Dave Dempsey

The Carlin Company License #2011002683

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,817

Year Built

  • Built in 1900

Lot Details

  • 8,581 Sq Ft Lot
  • Private Entrance
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,104 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Electric Dryer Hookup

Kitchen

  • Oven
  • Range

Parking

  • 4 Parking Spaces
  • Driveway
  • Assigned Parking

Schools

  • Napoleon Elementary School
  • Napoleon High School

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, gas, grounds care, heat, sewer, trash collection, water
  • The owner pays for common area maintenance, insurance, management, taxes
  • Tax Lot 24
  • Assessor Parcel Number 41-009573-0120

Community Details

Building Details

  • 1 Leased Unit
  • Operating Expense $4,088
  • Net Operating Income $6,662

Additional Features

  • 2 Units
  • Building Security

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,817

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Lot Size Acres: 0.197
  • Lot Size: 8,580
  • Inclusions: ,,
  • Subdivision Name: Other
  • Structure Type: Duplex
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Owner Pays: Common Area Maintenance, Insurance, Management, Taxes
  • Has Basement: Full
  • Basement YN: Yes
  • Interior Amenities: Electric Range Connection
  • Living Area: 2104.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Lot Features: Rectangular Lot
  • Disclosures: Lead Based Paint Disclosure, Seller Disclosure
  • Construction Type: Wood Siding
  • Exterior Features: Private Entrance
  • Foundation Details: Basement

Garage/Parking

  • Parking Features: Assigned, Driveway, Gravel
  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Sanitary
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Cooling: Central Air
  • Laundry Features: Electric Dryer Hookup
  • Security: Building Security
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Water Source: Public

Schools

  • Junior High Dist: Napoleon

Lot Info

  • Parcel #: 41-009573-0120
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Gas, Grounds Care, Heat, Sewer, Trash Collection, Water

Multi Family

  • Net Operating Income: 6662.0
  • Number Of Units Total: 2
  • Number Of Units Leased: 1
  • Annual Operating Expense: 4088.0
  • Total Actual Rent: 965.0

Tax Info

  • Tax Lot: 24

MLS Schools

  • Elementary School: Napoleon
  • HighSchool: Napoleon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2022
Sold by
Todd Replogle Properties Llc
Bought by
Moneywel Management Inc
Total Days on Market
36
Current Estimated Value
$135,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,950
Interest Rate
5.27%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 8, 2019
Closed on
Sep 20, 2019
Sold by
Mdv Llc
Bought by
Todd Replogel Properties Llc
Seller's Agent
Chad Oberhaus
Howard Hanna
Buyer's Agent
Dave Dempsey
The Carlin Company
List Price
$69,999
Sold Price
$60,000
Premium/Discount to List
-$9,999
-14.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.27%
Original Mortgage
$123,500
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 10, 2015
Sold by
Mullins Dennis and Dickerson Orville
Bought by
Mdv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
3.74%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 26, 2015
Sold by
Estate Of Patty Mullins
Bought by
Mullins Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
3.74%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 28, 2010
Sold by
Estate Of William G Dickerson
Bought by
Mullins Patty and Dickerson Orville

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,225
Interest Rate
4.31%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 23, 2000
Sold by
Eggleston Matthew R
Bought by
Dickerson William G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,501
Interest Rate
7.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 1999
Sold by
Ludeman Jeffrey J
Bought by
Eggleston Matthew R and Eggleston Lora J
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
Moneywel Management Inc $89,500 Louisville Title
Todd Replogel Properties Llc $60,000 Merestone Title Agency
Mdv Llc $53,000 Attorney
Mullins Dennis -- None Available
Mullins Patty -- None Available
Dickerson William G $31,000 --
Eggleston Matthew R $30,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moneywel Management Inc $8,950
Previous Owner Moneywel Management Inc $80,550
Previous Owner Moneywel Management Inc $75,750
Previous Owner Todd Replogel Properties Llc $123,500
Previous Owner Mdv Llc $20,000
Previous Owner Dickerson Orville L $41,000
Previous Owner Mullins Dennis $42,225
Previous Owner Dickerson William G $51,366
Previous Owner Dickerson William G $37,501
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2019 09/20/19 Sold $60,000 -14.3% $29 / Sq Ft
08/13/2019 08/13/19 Pending -- -- --
07/08/2019 07/08/19 For Sale $69,999 -- $33 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

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 $1,817 $42,930 $8,090 $34,840
2023 $1,817 $42,930 $8,090 $34,840
2022 $1,586 $69,180 $13,700 $55,480
2021 $1,586 $34,590 $6,850 $27,740
2020 $1,668 $34,590 $6,850 $27,740
2019 $1,384 $27,840 $6,010 $21,830
2018 $1,351 $27,840 $6,010 $21,830
2017 $1,301 $27,840 $6,010 $21,830
2016 $1,177 $24,450 $6,010 $18,440
2015 $1,157 $24,450 $6,010 $18,440
2014 -- $24,450 $6,010 $18,440
2013 $1,301 $25,630 $6,010 $19,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6042301

Northwest Ohio Real Estate Information Service (NORIS)

APN: 41-009573-0120