NOT LISTED FOR SALE

506 E Water St Prospect, OH 43342

Estimated Value: $181,582 - $285,000

3 Beds
1.5 Baths
1,840 Sq Ft
$128/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $191,000 $104 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,406/month

8 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Forced Air Heating System
  • No HOA
  • Window Unit Cooling System

About This Home

As of March 2024

Country Living inside the village of prospect.Spacious 2- story with large living area with formal dining room and a large updated kitchen with built in newer appliances. Lovely back porch area with fenced in rear yard as well as spacious 2 stall garage. Kitchen and bathrooms updated. Original hard wood floors thru out. Pictures to follow with professional.

Last Agent to Sell the Property

Cindy Dutton

Realty Ohio Inc. License #386765 Listed on: 01/15/2024

Last Buyer's Agent

Dana Hess

The Agency Cleveland Northcoast License #2023007113

The Agency Cleveland Northcoast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,125

Year Built

  • Built in 1926

Lot Details

  • 7,841 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,840 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 27-0020014.200

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,125

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Accessible Features: No
  • Year Built: 1926
  • Tax Year: 2022
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 0.18
  • Co List Office Phone: 614-885-0156
  • MLS Status: Closed
  • ResoBuildingAreaSource: Realist
  • Unit Levels: Two
  • New Construction: No
  • Location Property Info List PriceSqFt: 105.71
  • Remarks Misc Hot Sheet Comments: new
  • Sewer:Public Sewer: Yes
  • Basement Basement YN2: Yes
  • Water Source Public Water Source: Yes
  • Exterior Vinyl Siding: Yes
  • Air Conditioning Window: Yes
  • Levels Two2: Yes
  • Common Walls No Common Walls: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Upstairs 2 Bedrooms: 3
  • Upstairs 2 Full Bathrooms: 1
  • Entry Level Half Bathrooms: 1
  • Basement: Partial
  • Entry Level Eating Space: 1
  • Entry Level Living Room: 1
  • Utility Space (Downstairs 1): 1
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Wood
  • General Property Info Baths FH: 1.1
  • Basement Description:Partial: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Foundation Details: Other

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Detached Garage, On Street
  • Parking Features 2 Car Garage: Yes
  • Parking Features Detached Garage: Yes
  • Parking Features On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Gas2: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: ELGIN LSD 5101 MAR CO.

Lot Info

  • Parcel Number: 27-0020014.200
  • Lot Size Sq Ft: 7840.8

Tax Info

  • Tax Annual Amount: 2125.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2024
Closed on
Mar 15, 2024
Sold by
Fout Jeramie and Fout Kari
Bought by
Cotter Zachary M K and Lore Emily G
Seller's Agent
Cindy Dutton
Realty Ohio Inc.
Buyer's Agent
Dana Hess
The Agency Cleveland Northcoast
List Price
$194,500
Sold Price
$191,000
Premium/Discount to List
-$3,500
-1.8%
Views
48
Current Estimated Value
$235,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,646
Avg. Annual Appreciation
12.09%
Original Mortgage
$185,270
Outstanding Balance
$182,188
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$53,458

Purchase Details

Closed on
Jun 27, 2022
Sold by
Kepler Richard Paul and Kepler Christine
Bought by
Fout Jeramie and Fout Kari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.1%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 1, 2016
Sold by
Estate Of Olivia O Kepler
Bought by
Kepler Richard Paul and Kepler Richard P
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Cotter Zachary M K $191,000 None Listed On Document
Cotter Zachary M K $191,000 None Listed On Document
Fout Jeramie $100,000 Hall Kevin R
Kepler Richard Paul -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cotter Zachary M K $185,270
Closed Cotter Zachary M K $185,270
Previous Owner Fout Jeramie $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2025 03/28/25 Off Market $191,000 -- --
03/15/2024 03/15/24 Sold $191,000 -1.8% $104 / Sq Ft
01/15/2024 01/15/24 For Sale $194,500 -- $106 / 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 $2,085 $43,310 $9,740 $33,570
2023 $2,085 $43,310 $9,740 $33,570
2022 $2,125 $43,310 $9,740 $33,570
2021 $1,801 $32,880 $8,470 $24,410
2020 $1,752 $32,880 $8,470 $24,410
2019 $1,746 $32,880 $8,470 $24,410
2018 $1,579 $32,050 $6,950 $25,100
2017 $1,607 $32,050 $6,950 $25,100
2016 $1,595 $32,050 $6,950 $25,100
2015 $1,617 $31,230 $6,620 $24,610
2014 $1,674 $31,230 $6,620 $24,610
2012 $914 $27,080 $4,190 $22,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 224000029

Columbus and Central Ohio Regional MLS

APN: 27-0020014.200