NOT LISTED FOR SALE

516 Michigan Ave Troy, OH 45373

Estimated Value: $97,000 - $141,841

2 Beds
1 Bath
934 Sq Ft
$132/Sq Ft Est. Value

Last Sold February 22, 2019

Last sale price $52,000 $56 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $764/month

6 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Wood Siding
  • 1-Story Property

About This Home

As of February 2019

Great potential in this home, can be a nice fixer upper or an almost instant income producing rental property. 3 bed 1 bath home on a corner lot with a detached garage. Roof and A/C are less than 10 years old, needs some updating but this home is priced accordingly.

Last Agent to Sell the Property

Derek Windle

Garden Gate Realty, Inc. License #2017002869 Listed on: 02/01/2019

Last Buyer's Agent

Amie Wilt

Keller Williams Home Town Realty License #000448341

Keller Williams Home Town Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $704

Year Built

  • Built in 1928

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 120

Parking

  • 1 Car Detached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 934 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number D08028290

Home Details

Home Type

Single Family

Est. Annual Taxes

$704

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Property Type: A
  • Level Style: One
  • Semi-Annual Tax: 352.00
  • Year Built: 1928
  • Document Count: 2
  • Documents: Lead Based Paint Disclosure, Property Disclosure
  • Listing I D: 424913
  • M L S Approved: Y
  • M L S Identifier: 20190724221641160008000000
  • New Financing: Cash, Conventional
  • Property Group I D: 19990816212109142258000000
  • Subtype: Single Family Residence
  • Type Of Contract: Exclusive Right To Sell
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Crawl Space, Partial
  • Price/ Sq Ft: 58.89
  • Total Bedrooms: 2
  • Total Square Footage: 934.00

Exterior Features

  • Exterior: Wood Siding

Garage/Parking

  • Garage: Detached
  • Garage Spaces: 1.00

Utilities

  • Cooling: Central Air
  • Heating System: Forced Air, Natural Gas
  • Utilities: Natural Gas Connected, Sewer Connected
  • Sewer: Public Sewer
  • Water Source: Supplied Water

Schools

  • School District: 5509 Troy CSD

Lot Info

  • Acres: 0.14
  • Lot Dimensions: 50 x 120
  • Land Info: Residential Lot
  • Parcel Id Number: D08028290

Tax Info

  • Tax Year: 2017

MLS Schools

  • School District: 5509 Troy CSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2024
Sold by
Brinkman Heather and Ullery Heather
Bought by
Mercer Tyson R and Mercer Jasma M
Current Estimated Value
$123,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Outstanding Balance
$80,761
Interest Rate
6.94%
Mortgage Type
Credit Line Revolving
Estimated Equity
$46,909

Purchase Details

Listed on
Feb 1, 2019
Closed on
Feb 22, 2019
Sold by
Kazmaier Kimberleigh R and Kazmaier Michael S
Bought by
Brinkman Heather
Seller's Agent
Derek Windle
Garden Gate Realty, Inc.
Buyer's Agent
Amie Wilt
Keller Williams Home Town Realty
List Price
$55,000
Sold Price
$52,000
Premium/Discount to List
-$3,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.77%

Purchase Details

Closed on
Sep 1, 1979
Bought by
Jackson Bernell I
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
Mercer Tyson R $102,000 None Listed On Document
Brinkman Heather $52,000 None Available
Jackson Bernell I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercer Tyson R $81,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2019 02/22/19 Sold $52,000 -5.5% $56 / Sq Ft
02/01/2019 02/01/19 For Sale $55,000 -- $59 / Sq Ft
Source: Western Regional Information Systems & Technology (WRIST)

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 $1,104 $28,670 $9,280 $19,390
2023 $1,104 $28,670 $9,280 $19,390
2022 $924 $28,670 $9,280 $19,390
2021 $748 $22,050 $7,140 $14,910
2020 $749 $22,050 $7,140 $14,910
2019 $737 $22,050 $7,140 $14,910
2018 $705 $20,300 $6,930 $13,370
2017 $712 $20,300 $6,930 $13,370
2016 $701 $20,300 $6,930 $13,370
2015 $678 $18,800 $6,410 $12,390
2014 $678 $18,800 $6,410 $12,390
2013 $682 $18,800 $6,410 $12,390
Source: Public Records

Agents Affiliated with this Home

  • Derek Windle

    Seller's Agent in 2019

    Derek Windle

    Garden Gate Realty, Inc.

    (937) 776-2022

    24 in this area

    80 Total Sales

    Derek Windle
    Section Image
  • Amie Wilt

    Buyer's Agent in 2019

    Amie Wilt

    Keller Williams Home Town Realty

    (937) 216-6389

    32 in this area

    97 Total Sales

    Amie Wilt
    Section Image
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Map

Source: Western Regional Information Systems & Technology (WRIST)

MLS Number: 424913

Western Regional Information Systems & Technology (WRIST)

APN: D08028290

Ohio Miami County Troy 45373

516 Michigan Ave, Troy, OH

This home is located at 516 Michigan Ave, Troy, OH 45373 since 01 February 2019 and is currently estimated at $123,460, approximately $132 per square foot. This property was built in 1928. 516 Michigan Ave is a home located in Miami County with nearby schools including Troy Junior High School, Van Cleve Elementary School, and Troy High School.

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.

Western Regional Information Systems & Technology (WRIST) 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.

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