NOT LISTED FOR SALE

512 Reese St Sandusky, OH 44870

Estimated Value: $82,000 - $133,039

4 Beds
2 Baths
1,886 Sq Ft
$55/Sq Ft Est. Value

Last Sold December 26, 2017

Last sale price $13,000 $7 Per Sq Ft

Est. 668% increase in value since last sale

Current estimated payment $619/month

92 Days on Market

Highlights

  • City View
  • Partially Fenced Property
  • 5-minute walk to Huron Park
  • Heating System Uses Steam
  • Northeast Facing Home

About This Home

As of December 2017

Not far from Lake could easily be a good income making property. This property could be put back into a fully functioning duplex. Some work has been started but still needs more to start generating some income. Investors special. Motivated seller owner will entertain any and all reasonable offers. Click the CSS Link for a showing today.

Last Agent to Sell the Property

James Cain

Russell Real Estate Services License #2013001496 Listed on: 09/07/2017

Russell Real Estate Services

Last Buyer's Agent

Non-Member Non-Member

Non-Member License #9999

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 5,149 Sq Ft Lot
  • Northeast Facing Home
  • Partially Fenced Property

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,886 Sq Ft Home
  • 2-Story Property
  • City Views
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Southwark Add Community

Listing and Financial Details

  • Assessor Parcel Number 57-05301-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: Northeast
  • Price Per Square Foot: 6.89
  • Estimated Price per Sq Ft: 6.89
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1886
  • Year Built: 1880
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1880

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Unfinished
  • Sq Ft Approx Above Grade Finished: 1886.00
  • Sq Ft Approx Total Finished: 1886.00

Exterior Features

  • View: City View
  • Fences: Partial
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

  • Heating Fuel: Electric, Gas
  • Heating Type: Hot Water/Steam
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Southwark Add

Schools

  • School District: Sandusky CSD
  • School District: Sandusky CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1182
  • Parcel Number: 57-05301-000

Multi Family

  • Unit Count: 2
  • Num Of Buildings: 1
  • Number of Units: 2

Tax Info

  • Tax: 1130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2017
Closed on
Dec 21, 2017
Sold by
Cbs Reese Llc
Bought by
Seven Z S Llc
Seller's Agent
James Cain
Russell Real Estate Services
Buyer's Agent
Non-Member Non-Member
Non-Member
List Price
$30,000
Sold Price
$13,000
Premium/Discount to List
-$17,000
-56.67%
Current Estimated Value
$99,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,837
Avg. Annual Appreciation
29.14%

Purchase Details

Closed on
Aug 11, 2017
Sold by
Cbs Capo Properties Llc
Bought by
Cbs Reese Llc

Purchase Details

Listed on
Apr 15, 2016
Closed on
Aug 3, 2016
Sold by
Castle 2016 Llc
Bought by
Rebnel Realty Llc
Seller's Agent
Joan Elflein
Ohio Broker Direct
List Price
$19,900
Sold Price
$13,000
Premium/Discount to List
-$6,900
-34.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.16%

Purchase Details

Closed on
May 4, 2016
Sold by
The Bank Of New York Mellon
Bought by
Castle 2016 Llc

Purchase Details

Closed on
Nov 16, 2015
Sold by
Wellman Donald D
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Jan 1, 1987
Bought by
Wellman Donald D
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
Seven Z S Llc $13,000 First American Title
Cbs Reese Llc -- None Available
Rebnel Realty Llc $13,000 None Available
Castle 2016 Llc $9,650 None Available
The Bank Of New York Mellon $9,000 Attorney
Wellman Donald D -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2017 12/26/17 Sold $13,000 -48.0% $7 / Sq Ft
12/08/2017 12/08/17 Pending -- -- --
11/06/2017 11/06/17 Price Changed $25,000 -12.3% $13 / Sq Ft
10/23/2017 10/23/17 Price Changed $28,500 -5.0% $15 / Sq Ft
09/07/2017 09/07/17 For Sale $30,000 +130.8% $16 / Sq Ft
08/05/2016 08/05/16 Sold $13,000 -34.7% $7 / Sq Ft
07/08/2016 07/08/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $19,900 -- $11 / Sq Ft
Source: MLS Now

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 $902 $22,896 $4,105 $18,791
2023 $857 $16,785 $3,209 $13,576
2022 $894 $16,785 $3,209 $13,576
2021 $859 $16,790 $3,210 $13,580
2020 $950 $17,070 $3,210 $13,860
2019 $977 $17,070 $3,210 $13,860
2018 $978 $17,070 $3,210 $13,860
2017 $1,132 $16,680 $3,340 $13,340
2016 $1,129 $16,680 $3,340 $13,340
2015 $905 $20,430 $3,340 $17,090
2014 $881 $22,330 $3,340 $18,990
2013 $1,113 $22,330 $3,340 $18,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3941296

MLS Now

APN: 57-05301-000