NOT LISTED FOR SALE

507 S Main St Bryan, OH 43506

Estimated Value: $83,000 - $123,501

3 Beds
2 Baths
1,584 Sq Ft
$69/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $50,000 $32 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $752/month

66 Days on Market

Highlights

  • 4 Car Detached Garage
  • Forced Air Heating System
  • Rectangular Lot

About This Home

As of September 2021

NICE INVESTMENT OPPORTUNITY WITH $850/MO INCOME. TENANTS COVER THEIR OWN UTILITY COST AND MOWING. BOTH TENANTS ARE MO/MO. GOOD LOCATION CLOSE TO TOWN WITH AN ADDITIONAL LOT TO THE SOUTH SELLING WITH DUPLEX. IF YOU ARE LOOKING FOR CASH FLOW THIS IS IT. SET YOUR APPOINTMENT UP TODAY.

Last Agent to Sell the Property

Terry Zimmerman

The Carlin Company License #2006006352 Listed on: 05/24/2021

Last Buyer's Agent

Rhonda Watkins

Key Realty License #2012002581

Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,694

Year Built

  • Built in 1920

Lot Details

  • 0.32 Acre Lot
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,584 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Kitchen

  • Oven
  • Range

Parking

  • 4 Car Detached Garage
  • Driveway
  • Assigned Parking

Schools

  • Washington Elementary School
  • Bryan High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas, grounds care, sewer, water
  • The owner pays for common area maintenance, insurance, taxes
  • Assessor Parcel Number 063-200-14-004.000

Community Details

Overview

  • 2 Units
  • Dobbs Subdivision

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,694

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1920
  • Lot Size Acres: 0.318
  • Lot Size: 9,496
  • Inclusions: ,,
  • Subdivision Name: Dobbs
  • Unit Levels: Two
  • Structure Type: Duplex
  • Property Sub Type Additional: Multi Family
  • Special Features: None

Interior Features

  • Stories: 2
  • Number Of Buildings: 1
  • Owner Pays: Common Area Maintenance, Insurance, Taxes
  • Has Basement: Partial
  • Basement YN: Yes
  • Interior Amenities: Other
  • Living Area: 1584.0
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Lot Features: Rectangular Lot
  • Disclosures: Lead Based Paint Disclosure, Seller Disclosure
  • Construction Type: Other
  • Foundation Details: Basement

Garage/Parking

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

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Sanitary, Storm Sewer
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Cooling: None
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Water Source: Public

Schools

  • Junior High Dist: Bryan

Lot Info

  • Parcel #: 063-200-14-004.000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity, Gas, Grounds Care, Sewer, Water

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Leased: 2
  • Total Actual Rent: 850.0

MLS Schools

  • Elementary School: Washington
  • HighSchool: Bryan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2021
Closed on
Sep 3, 2021
Sold by
Oz Enterprises Ltd
Bought by
Parliment Kurt and Lirot Michael S
Seller's Agent
Terry Zimmerman
The Carlin Company
Buyer's Agent
Rhonda Watkins
Key Realty
List Price
$64,600
Sold Price
$50,000
Premium/Discount to List
-$14,600
-22.6%
Total Days on Market
66
Current Estimated Value
$108,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,875
Avg. Annual Appreciation
22.93%
Original Mortgage
$37,500
Outstanding Balance
$34,446
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$74,429

Purchase Details

Closed on
Sep 19, 2013
Sold by
Schlachter Dustin L
Bought by
Oz Enterprises Ltd

Purchase Details

Closed on
Apr 20, 2009
Sold by
Oz Enterprises Ltd
Bought by
Schlachter Dustin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,470
Interest Rate
4.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2008
Sold by
Schlachter Dustin L and Schlachter Dustin
Bought by
Oz Enterprises Ltd

Purchase Details

Closed on
Sep 13, 2004
Sold by
Mohre Randal A and Mohre Abby L
Bought by
Schlachter Dustin

Purchase Details

Closed on
Aug 14, 2001
Sold by
Towns Steven M
Bought by
Mohre Randal A and Mohre Abby L

Purchase Details

Closed on
Jun 5, 1995
Sold by
Whitmer Joyce V
Bought by
Towns Steven M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Parliment Kurt $50,000 Merestone Title Agency
Oz Enterprises Ltd -- None Available
Schlachter Dustin L -- None Available
Oz Enterprises Ltd -- None Available
Schlachter Dustin $70,000 --
Mohre Randal A $55,000 --
Towns Steven M $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parliment Kurt $37,500
Previous Owner Schlachter Dustin L $60,470
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $50,000 -22.6% $32 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $64,600 -- $41 / 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 $1,694 $37,250 $5,710 $31,540
2023 $1,694 $29,480 $5,850 $23,630
2022 $1,486 $29,480 $5,850 $23,630
2021 $1,486 $29,480 $5,850 $23,630
2020 $1,293 $24,750 $4,900 $19,850
2019 $1,276 $24,750 $4,900 $19,850
2018 $1,274 $24,750 $4,900 $19,850
2017 $1,204 $23,240 $4,900 $18,340
2016 $1,151 $23,240 $4,900 $18,340
2015 $1,199 $23,240 $4,900 $18,340
2014 $1,199 $23,240 $4,900 $18,340
2013 $1,203 $23,240 $4,900 $18,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6071116

Northwest Ohio Real Estate Information Service (NORIS)

APN: 063-200-14-004.000