NOT LISTED FOR SALE

516 Michigan Ave Troy, OH 45373

Estimated Value: $131,000 - $147,000

2 Beds
1 Bath
934 Sq Ft
$149/Sq Ft Est. Value

Last Sold February 22, 2019

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

Est. 167% increase in value since last sale

Current estimated payment $819/month

6 Days on Market

Highlights

  • 1 Car Detached Garage
  • 1-Story Property
  • Wood Siding
  • Troy High School Rated 9+
  • Forced Air Heating and Cooling System

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
  • 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

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
$139,015

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
$80,395
Interest Rate
6.94%
Mortgage Type
Credit Line Revolving
Estimated Equity
$58,620

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
15.32%

Purchase Details

Closed on
Sep 1, 1979
Bought by
Jackson Bernell I
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft
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

    25 in this area

    85 Total Sales

    Derek Windle
    Section Image
  • Amie Wilt

    Buyer's Agent in 2019

    Amie Wilt

    Keller Williams Home Town Realty

    (937) 216-6389

    30 in this area

    90 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

Not Listed for Sale

Detached

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