NOT LISTED FOR SALE

511 Mckelvey St Sandusky, OH 44870

Estimated Value: $97,000 - $145,000

2 Beds
3 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold December 29, 2022

Last sale price $67,000

Est. 80% increase in value since last sale

Current estimated payment $732/month

77 Days on Market

About This Home

As of December 2022

Great investment and priced to sell! 3 Bedroom home with a 1 bedroom apartment or mother in law suite in the rear of the property. The 3 bedroom home just needs finished, mostly paint and flooring will finish this property. The rear unit just had some electrical upgrades and is currently rented. Tenants pay garbage, gas and electric.

Last Agent to Sell the Property

Jeff Smith

BHHS Professional Realty License #2016001649 Listed on: 10/12/2022

BHHS Professional Realty

Co-Listed By

Default zSystem

zSystem Default

Last Buyer's Agent

Jeff Smith

BHHS Professional Realty License #2016001649 Listed on: 10/12/2022

BHHS Professional Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,209

Year Built

  • Built in 1950

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 33 x 132

Home Design

  • Duplex
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Thermal Pane Windows
  • Crawl Space

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 5705174.000

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $4,800
  • Gross Income $18,000
  • Net Operating Income $13,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,209

Year Built

Built in 1950

Lot Details

0

Listing Details

  • PropertySubType: Duplex
  • PropertyType: Residential Income
  • Lot Size Acres: 0.1
  • Total Gross Income: 18000
  • MLS Status: Sold
  • ResoBuildingAreaSource: Public Records
  • Unit Levels: One and One Half
  • Window Features: Thermo Pane
  • Year Built: 1950
  • Tax Year: 2022
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Vinyl Siding
  • Foundation Details: Crawl Space

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling Y N: No
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
  • Water Source: Public

Schools

  • Junior High Dist: Sandusky

Lot Info

  • Lot Dimensions: 33 x 132
  • Lot Size Sq Ft: 4356
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 5705174.000
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 13200
  • Annual Operating Expense: 4800

Tax Info

  • Tax Annual Amount: 1209.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Dec 29, 2022
Sold by
Guerra Leo L
Bought by
Uchtman William Evan M
Seller's Agent
Jeff Smith
BHHS Professional Realty
Buyer's Agent
Jeff Smith
BHHS Professional Realty
List Price
$69,900
Sold Price
$67,000
Premium/Discount to List
-$2,900
-4.15%
Current Estimated Value
$120,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,748
Avg. Annual Appreciation
28.06%
Original Mortgage
$50,250
Outstanding Balance
$48,908
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$80,129
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
Uchtman William Evan M $50,250 Southern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Uchtman William Evan M $50,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2022 12/29/22 Sold $67,000 -4.1% --
12/28/2022 12/28/22 Pending -- -- --
10/12/2022 10/12/22 For Sale $69,900 -- --
Source: Firelands Association of REALTORS®

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 $889 $22,557 $3,475 $19,082
2023 $889 $23,632 $2,716 $20,916
2022 $1,198 $23,635 $2,716 $20,919
2021 $1,209 $23,640 $2,720 $20,920
2020 $1,281 $23,010 $2,720 $20,290
2019 $1,317 $23,010 $2,720 $20,290
2018 $1,318 $23,010 $2,720 $20,290
2017 $1,178 $20,490 $2,820 $17,670
2016 $1,177 $20,490 $2,820 $17,670
2015 $1,120 $20,490 $2,820 $17,670
2014 $1,180 $22,810 $2,820 $19,990
2013 $1,168 $22,810 $2,820 $19,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Firelands Association of REALTORS®

MLS Number: 20224084

APN: 57-05174-000