NOT LISTED FOR SALE

507 W Morenci St Lyons, OH 43533

Estimated Value: $216,000 - $276,039

4 Beds
4 Baths
2,484 Sq Ft
$97/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $182,500 $73 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,522/month

27 Days on Market

Highlights

  • 1 Car Attached Garage
  • Evergreen Elementary School Rated 10
  • Forced Air Heating and Cooling System

About This Home

As of November 2021

Great Investment! Built 2007 with both Units Rented!

Last Agent to Sell the Property

Daniel Loch

iLink Real Estate Company, LLC License #2013003931 Listed on: 06/14/2021

Last Buyer's Agent

Dawn Cogswell

Elias H. Frey & Sons, Inc. License #2007006264

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,219

Year Built

  • Built in 2007

Lot Details

  • 0.38

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,484 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher

Parking

  • 1 Car Attached Garage
  • Driveway

Schools

  • Evergreen Elementary School
  • Evergreen High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • 2 Units
  • 2 Leased Units

Listing and Financial Details

  • Total Actual Rent $1,500
  • Tenant pays for electricity, gas
  • The owner pays for exterior maintenance, insurance, lawn care, repairs, taxes
  • Assessor Parcel Number 23-044908-03.000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,219

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2007
  • Lot Size Acres: 0.38
  • Lot Size: 16,553
  • Subdivision Name: None
  • Carport Y N: No
  • Structure Type: Townhouse
  • Status Change Information: Status Change Timestamp: 2021-11-10
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Number Of Buildings: 1
  • Owner Pays: Exterior Maintenance, Insurance, Lawn Care, Repairs, Taxes
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Disclosures: Property Disclosure
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Crawl Space

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, Attached Garage, Driveway
  • Total Parking Spaces: 1.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Sanitary Sewer
  • Appliances: Dishwasher, Microwave, Water Heater, Refrigerator
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Evergreen

Lot Info

  • Lot Size Sq Ft: 16553.0
  • Parcel #: 23-044908-03.000

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Leased: 2
  • Total Actual Rent: 1500.0

MLS Schools

  • Elementary School: Evergreen
  • HighSchool: Evergreen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2021
Closed on
Nov 10, 2021
Sold by
Blue Ribbon Development Llc
Bought by
Oakshade Dairy Llc
Seller's Agent
Daniel Loch
iLink Real Estate Company, LLC
Buyer's Agent
Dawn Cogswell
Elias H. Frey & Sons, Inc.
List Price
$191,000
Sold Price
$182,500
Premium/Discount to List
-$8,500
-4.45%
Current Estimated Value
$240,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,260
Avg. Annual Appreciation
6.84%

Purchase Details

Closed on
Aug 28, 2009
Sold by
Wildwood Developers Llc
Bought by
Blue Ribbon Development Llc

Purchase Details

Closed on
Apr 24, 2007
Sold by
Wittscheck Richard H and Wittscheck Shirley A
Bought by
Wildwood Developers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.19%
Mortgage Type
Future Advance Clause Open End Mortgage
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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Purchase History

Date Buyer Sale Price Title Company
Oakshade Dairy Llc $365,000 Louisville Title Agency
Blue Ribbon Development Llc -- Attorney
Wildwood Developers Llc $19,500 Attorney
Wildwood Developers Llc $19,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wildwood Developers Llc $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2021 11/10/21 Sold $182,500 -4.5% $73 / Sq Ft
07/11/2021 07/11/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $191,000 -- $77 / 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 $3,150 $74,730 $5,290 $69,440
2023 $3,218 $74,730 $5,290 $69,440
2022 $3,299 $62,270 $4,410 $57,860
2021 $3,288 $62,270 $4,410 $57,860
2020 $3,188 $62,270 $4,410 $57,860
2019 $3,219 $64,650 $4,340 $60,310
2018 $3,025 $64,650 $4,340 $60,310
2017 $2,996 $64,650 $4,340 $60,310
2016 $2,946 $59,150 $4,340 $54,810
2015 $2,757 $59,150 $4,340 $54,810
2014 $2,770 $59,150 $4,340 $54,810
2013 $2,905 $58,070 $4,760 $53,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6072203

Northwest Ohio Real Estate Information Service (NORIS)

APN: 23-044908-03.000