NOT LISTED FOR SALE

507 E Merry Ave Bowling Green, OH 43402

-- Bed
-- Bath
7,280 Sq Ft
1978 Built

Sale Details

Date Sold: July 31, 2013

Last sale price $357,500 $49 Per Sq Ft

151 Days on Market

About This Home

As of July 2013

Great Investment, Great Location. Fully leased 8 unit apartment building one block from BGSU.

Last Agent to Sell the Property

Margaret Fawcett

The Danberry Co License #2008004005 Listed on: 03/02/2013

The Danberry Co

Co-Listed By

Andy Newlove

Newlove Realty License #2009002429

Last Buyer's Agent

Margaret Fawcett

The Danberry Co License #2008004005 Listed on: 03/02/2013

The Danberry Co

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,844

Year Built

  • Built in 1978

Lot Details

  • No Through Street

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Aluminum Siding
  • Steel Siding

Interior Spaces

  • 7,280 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Disposal

Laundry

  • Dryer
  • Washer

Parking

  • 17 Parking Spaces
  • Driveway
  • Parking Lot

Schools

  • Bowling Green High School

Utilities

  • Central Air
  • Heat Pump System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $525
  • Tenant pays for electricity
  • The owner pays for electricity, exterior maintenance, gas, insurance, lawn care, repairs, sewer, snow removal
  • Assessor Parcel Number B07-511-190116016000

Community Details

Overview

  • 8 Units

Building Details

  • 8 Leased Units
  • Operating Expense $14,375
  • Net Operating Income $33,865

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,844

Year Built

Built in 1978

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1978
  • Lot Size: 0
  • Road Frontage Type: No Throughway
  • Co List Office Mls Id: NEWL
  • Co List Office Phone: 419-352-5161
  • Subdivision Name: None
  • Carport Y N: No
  • Status Change Information: Status Change Timestamp: 2013-07-31
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Owner Pays: Electricity, Exterior Maintenance, Gas, Insurance, Lawn Care, Repairs, Sewer, Snow Removal
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Construction Type: Aluminum Siding, Brick, Steel Siding
  • Foundation Details: Crawl Space

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, Parking Lot, Driveway
  • Total Parking Spaces: 17.0

Utilities

  • Heating: Electric, Heat Pump
  • Utilities: Cable Connected
  • Sewer: Sanitary Sewer
  • Appliances: Water Heater, Disposal, Dryer, Refrigerator, Washer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Water Source: Public

Schools

  • Junior High Dist: Bowling Green

Lot Info

  • Parcel #: B07-511-190116016000

Rental Info

  • Lease Term: ["9 Months","12 Months"]
  • Tenant Pays: Electricity

Multi Family

  • Net Operating Income: 33865.0
  • Number Of Units Total: 8
  • Number Of Units Leased: 8
  • Annual Operating Expense: 14375.0
  • Total Actual Rent: 525.0

MLS Schools

  • Elementary School: Other
  • HighSchool: Bowling Green
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2013 07/31/13 Sold $357,500 -10.2% $49 / Sq Ft
07/31/2013 07/31/13 Pending -- -- --
03/02/2013 03/02/13 For Sale $398,000 -- $55 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

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
2025 $6,244 $103,110 $10,500 $92,610
2024 $6,220 $103,110 $10,500 $92,610
2023 $6,220 $103,110 $10,500 $92,610
2021 $5,029 $82,460 $10,500 $71,960
2020 $5,046 $82,460 $10,500 $71,960
2019 $5,089 $82,460 $10,500 $71,960
2018 $5,119 $82,460 $10,500 $71,960
2017 $5,031 $82,460 $10,500 $71,960
2016 $4,939 $80,610 $10,500 $70,110
2015 $4,939 $80,610 $10,500 $70,110
2014 $5,073 $80,610 $10,500 $70,110
2013 $5,084 $80,610 $10,500 $70,110
Source: Public Records

Agents Affiliated with this Home

  • Margaret Fawcett

    Seller's Agent in 2013

    Margaret Fawcett

    The Danberry Co

    (419) 308-4650

    3 in this area

    4 Total Sales

    Margaret Fawcett
    Section Image
  • Andy Newlove

    Seller Co-Listing Agent in 2013

    Andy Newlove

    Newlove Realty

    (419) 308-7712

    87 in this area

    95 Total Sales

    Andy Newlove
    Section Image
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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 5053595

Northwest Ohio Real Estate Information Service (NORIS)
Ohio Wood County Bowling Green 43402

507 E Merry Ave, Bowling Green, OH

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.

Northwest Ohio Real Estate Information Service (NORIS) 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. Information is deemed reliable but not guaranteed. ©2026 NORIS. All rights reserved.

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