Rebecca Mershad
Flourish Real Estate
(937) 230-7492
32 Total Sales
2 in Fairborn
$80K - $130K Price Range
502 Middle St Fairborn, OH 45324
Fairborn Area
--
Bed
--
Bath
3,849
Sq Ft
1942
Built
About This Home
As of October 2020Cash Flowing well maintained investment property, easy to manage, almost zero vacancy. Tenants pay gas & electric owner pays water. There is an on-site laundry area for added income. Parking lot street parking avl. Newer roofs and some updated mechanicals. Value add by increasing rents to 550-600. Must be packaged with other parcels 506, 508, & 514
Last Agent to Sell the Property
William Furlong
Plum Tree Realty License #2014001348 Listed on: 07/04/2020
Last Buyer's Agent
Not Member
NOTCINCYMEM
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,500
Year Built
- Built in 1942
Parking
- 16 Open Parking Spaces
- 12 Car Garage
- On-Street Parking
- Parking Lot
Home Design
- Brick Exterior Construction
- Block Foundation
- Shingle Roof
Interior Spaces
- 3,849 Sq Ft Home
- 2-Story Property
- Double Hung Windows
- Basement Fills Entire Space Under The House
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- Separate Meters
Community Details
Amenities
- Coin Laundry
Building Details
- Insurance Expense $3,600
- Maintenance Expense $8,000
- Water Sewer Expense $4,800
- Gross Income $85,380
- Net Operating Income $52,980
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 4, 2020
Closed on
Sep 29, 2020
Sold by
Bought by
Seller's Agent
William Furlong
Plum Tree Realty
Buyer's Agent
Not Member
NOTCINCYMEM
List Price
$584,000
Sold Price
$564,000
Premium/Discount to List
-$20,000
-3.42%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Feb 11, 2019
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
$276,500
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Dec 27, 2011
Sold by
Bought by
Purchase Details
Closed on
Aug 28, 2006
Sold by
Bought by
Purchase Details
Closed on
Oct 6, 2005
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
$400,000
Interest Rate
5.82%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 10, 2004
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
$328,000
Interest Rate
6.35%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Fairborn, OH
-
Rebecca Mershad
-
Jeff Peterson
Jeff Peterson
Key Realty
(937) 368-1411
12 Total Sales
3 in Fairborn
$90K - $800K Price Range
-
Nova Otte
Nova Otte
Keller Williams Community Part
(937) 203-2650
77 Total Sales
5 in Fairborn
$183K - $390K Price Range
-
Diane Heeter
Diane Heeter
RE/MAX Alliance Realty
(937) 918-7274
112 Total Sales
3 in Fairborn
$165K - $374K Price Range
-
Dave Johnson
Dave Johnson
Johnson & Webb Realty
(937) 872-4937
47 Total Sales
1 in Fairborn
$335,000 Price
-
Stephanie Ball
Stephanie Ball
Glasshouse Realty Group
(937) 930-4181
90 Total Sales
3 in Fairborn
$155K - $220K Price Range
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 | ||
| $390,000 | Republic Title Agency Inc | ||
| $395,000 | Attorney | ||
| -- | None Available | ||
| $505,000 | -- | ||
| $410,000 | -- |
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 |
|---|---|---|---|
| Previous Owner | $427,500 | ||
| Previous Owner | $276,500 | ||
| Previous Owner | $400,000 | ||
| Previous Owner | $328,000 |
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 |
|---|---|---|---|---|
| 01/26/2021 01/26/21 | Off Market | $564,000 | -- | -- |
| 10/28/2020 10/28/20 | Sold | $564,000 | -3.4% | $147 / Sq Ft |
| 10/01/2020 10/01/20 | Pending | -- | -- | -- |
| 07/09/2020 07/09/20 | For Sale | $584,000 | 0.0% | $152 / Sq Ft |
| 07/07/2020 07/07/20 | Pending | -- | -- | -- |
| 07/04/2020 07/04/20 | For Sale | $584,000 | -- | $152 / Sq Ft |
Source: MLS of Greater Cincinnati (CincyMLS)
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 | $10,677 | $183,540 | $35,140 | $148,400 |
| 2024 | $10,676 | $183,540 | $35,140 | $148,400 |
| 2023 | $10,602 | $183,540 | $35,140 | $148,400 |
| 2022 | $13,182 | $197,400 | $35,140 | $162,260 |
| 2021 | $13,411 | $197,400 | $35,140 | $162,260 |
| 2020 | $7,784 | $136,500 | $21,990 | $114,510 |
| 2019 | $1,920 | $29,070 | $7,360 | $21,710 |
| 2018 | $1,940 | $29,070 | $7,360 | $21,710 |
| 2017 | $1,866 | $29,070 | $7,360 | $21,710 |
| 2016 | $1,867 | $28,360 | $7,360 | $21,000 |
| 2015 | $1,794 | $28,360 | $7,360 | $21,000 |
| 2014 | $1,753 | $28,360 | $7,360 | $21,000 |
Source: Public Records
Agents Affiliated with this Home
-
W
Seller's Agent in 2020
William Furlong
Plum Tree Realty
-
N
Buyer's Agent in 2020
Not Member
NOTCINCYMEM
Map
Source: MLS of Greater Cincinnati (CincyMLS)
MLS Number: 1667299
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