NOT LISTED FOR SALE

517 E Madison St Sandusky, OH 44870

Estimated Value: $117,000 - $143,563

2 Beds
2 Baths
2,220 Sq Ft
$59/Sq Ft Est. Value

Last Sold December 31, 2024

Last sale price $117,000 $53 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $762/month

50 Days on Market

Highlights

  • Cooling System Powered By Gas
  • Heating System Uses Gas
  • 3-minute walk to Huron Park

About This Home

As of December 2024

This Duplex has a ranch unit. rented currently, and a unit with a second story, The second unit was recently renovated. Large back yard. Unit #1 lease is up 1/01/2025 currently paying $700 per month , forced air furnace. Both units are 1 bedroom. Current lease has 6% increase for rent starting 1/1/2025. Unit #2 is vacant has access to the basement which is where the laundry is, hot water heat . Hot water furnace had work done in the spring and new coils redone. Unit 1 has not been renovated. New Roof in Spring of 2023
New Windows in June 2024

Last Agent to Sell the Property

Tammy Fraizer

Russell Real Estate Services Brokerage Email: tammyfrazierrealtor@gmail.com 330-321-6508 License #2005010228 Listed on: 10/13/2024

Russell Real Estate Services

Last Buyer's Agent

Non-Member Non-Member

Non-Member License #9999

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,320

Year Built

  • Built in 1940

Lot Details

  • 4,356 Sq Ft Lot
  • Back Yard Fenced

Parking

  • On-Site Parking

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,220 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Powered By Gas
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • The owner pays for sewer, water
  • Assessor Parcel Number 56-00494-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,320

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1940
  • Attribution Contact: tammyfrazierrealtor@gmail.com 330-321-6508
  • Above Grade Finished Sq Ft: 2220.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Tax Year: 2023
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Private Yard
  • Roof: Asphalt
  • Fencing: Back Yard
  • Acres: 0.1
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Site

Utilities

  • LaundryFeatures: Lower Level
  • Cooling: Gas
  • Cooling Y N: Yes
  • Heating: Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Sandusky CSD - 2206

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 56-00494-000
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Sewer, Water
  • Tenant Pays: Electricity, Gas, Trash Collection

Tax Info

  • Tax Annual Amount: 2320.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2024
Closed on
Dec 31, 2024
Sold by
Oakstone Properties Llc
Bought by
Jeske David A
Seller's Agent
Tammy Fraizer
Russell Real Estate Services
Buyer's Agent
Non-Member Non-Member
Non-Member
List Price
$135,000
Sold Price
$117,000
Premium/Discount to List
-$18,000
-13.33%
Views
54
Current Estimated Value
$130,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,641
Avg. Annual Appreciation
10.65%
Original Mortgage
$87,750
Outstanding Balance
$87,137
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$43,504

Purchase Details

Closed on
Dec 23, 2021
Sold by
Cross Country Investments Ltd
Bought by
Oakstone Properties Llc
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jeske David A $117,000 Fidelity National Title
Oakstone Properties Llc $62,900 Hartung Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeske David A $87,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2024 12/31/24 Sold $117,000 -9.3% $53 / Sq Ft
12/02/2024 12/02/24 Pending -- -- --
11/15/2024 11/15/24 Price Changed $129,000 -4.4% $58 / Sq Ft
10/13/2024 10/13/24 For Sale $135,000 -- $61 / Sq Ft
Source: MLS Now

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 $992 $25,413 $2,768 $22,645
2023 $1,001 $23,222 $2,170 $21,052
2022 $1,177 $23,222 $2,170 $21,052
2021 $1,188 $23,220 $2,170 $21,050
2020 $1,060 $19,050 $2,170 $16,880
2019 $1,090 $19,050 $2,170 $16,880
2018 $1,091 $19,050 $2,170 $16,880
2017 $1,149 $19,990 $2,820 $17,170
2016 $1,148 $19,990 $2,820 $17,170
2015 $1,040 $19,990 $2,820 $17,170
2014 $1,034 $19,990 $2,820 $17,170
2013 $1,024 $19,990 $2,820 $17,170
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 5077937

MLS Now

APN: 56-00494-000