NOT LISTED FOR SALE

506 E Franklin St Troy, OH 45373

Estimated Value: $247,697 - $316,000

5 Beds
2 Baths
2,486 Sq Ft
$111/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $199,900 $80 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,656/month

89 Days on Market

Highlights

  • Deck
  • Victorian Architecture
  • No HOA
  • Troy High School Rated 9+
  • Attic
  • 2 Car Detached Garage

About This Home

As of December 2021

**Back on market due to buyers not being able to get financing** Charming Victorian Duplex conveniently located within walking distance of everything downtown Troy has to offer. This would make the perfect investment property for those who are just starting out, live in one side and rent the other, or for someone who wants to add another great property to their rentals. One unit is 2 bedrooms 1 bath, the other is 3 bedrooms 1 bath. Both have their own furnace and water heater. New roof put on April 2021, along with a lot of the upstairs windows being replaced. Fully fenced in backyard, detached garage and inviting front porch makes this property a dream.

Last Agent to Sell the Property

Sara Hufford

Coldwell Banker Heritage Realtors License #2019000404 Listed on: 08/27/2021

Coldwell Banker Heritage Realtors

Last Buyer's Agent

Mary Couser

Galbreath REALTORS License #329508

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,818

Year Built

  • Built in 1920

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 58x160
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Victorian Architecture
  • Vinyl Siding

Interior Spaces

  • 2,486 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number D08004410

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,818

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Victorian
  • Structure Type: Duplex
  • Level Style: Two
  • Semi-Annual Tax: 909.00
  • Year Built: 1920
  • Documents: Property Disclosure and Lead Based Paint
  • Listing I D: 1013112
  • M L S Approved: Y
  • M L S Identifier: 20190724221641160008000000
  • New Financing: Conventional
  • Parcel I D Number Formatted: D08004410
  • Property Group I D: 19990816212116581394000000
  • Type Of Contract: Exclusive Right To Sell
  • Units Rooms Gross Monthly Rent: 700.00
  • Total Number of Units: 2
  • Condo Lot Y N: No
  • H O A C O A Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Full
  • Inside Features: Attic
  • Price/ Sq Ft: 80.05
  • Fireplace: Gas
  • Total Bedrooms: 5
  • Total Square Footage: 2486.00

Exterior Features

  • Exterior: Vinyl Siding
  • Outside Features: Deck, Porch, Fenced

Garage/Parking

  • Garage: Detached
  • Garage Spaces: 2.00

Utilities

  • Cooling: Window Unit(s)
  • Heating System: Forced Air, Natural Gas
  • Utilities: Natural Gas Connected
  • Sewer: Public Sewer
  • Water Source: Supplied Water

Lot Info

  • Acres: 0.21
  • Lot Dimensions: 58X160
  • Zoning: Residential
  • Parcel Id Number: D08004410

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 27, 2021
Closed on
Dec 20, 2021
Sold by
Hufford Ann M and Lewis Ann M
Bought by
Noren Jennifer
Seller's Agent
Sara Hufford
Coldwell Banker Heritage Realtors
Buyer's Agent
Mary Couser
Galbreath REALTORS
List Price
$224,000
Sold Price
$199,900
Premium/Discount to List
-$24,100
-10.76%
Current Estimated Value
$274,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,024
Avg. Annual Appreciation
8.27%
Original Mortgage
$169,915
Outstanding Balance
$156,003
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$118,921

Purchase Details

Closed on
Feb 11, 2000
Sold by
Lutz Robert E
Bought by
Lewis Ann M

Purchase Details

Closed on
Jul 1, 1986
Bought by
Chappie Michael R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Noren Jennifer $199,900 None Available
Noren Jennifer -- None Listed On Document
Lewis Ann M -- --
Chappie Michael R $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noren Jennifer $169,915
Closed Noren Jennifer $169,915
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2021 12/23/21 Sold $199,900 +0.5% $80 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
09/10/2021 09/10/21 Price Changed $199,000 -11.2% $80 / Sq Ft
08/27/2021 08/27/21 For Sale $224,000 -- $90 / 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 $2,587 $67,730 $9,770 $57,960
2023 $2,587 $67,730 $9,770 $57,960
2022 $2,160 $67,730 $9,770 $57,960
2021 $1,820 $54,190 $7,810 $46,380
2020 $1,823 $54,190 $7,810 $46,380
2019 $1,839 $54,190 $7,810 $46,380
2018 $1,770 $50,160 $8,440 $41,720
2017 $1,788 $50,160 $8,440 $41,720
2016 $1,761 $50,160 $8,440 $41,720
2015 $1,701 $46,450 $7,810 $38,640
2014 $1,701 $46,450 $7,810 $38,640
2013 $1,712 $46,450 $7,810 $38,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Regional Information Systems & Technology (WRIST)

MLS Number: 1013112

Western Regional Information Systems & Technology (WRIST)

APN: D08004410