NOT LISTED FOR SALE

518 Washington Ave Defiance, OH 43512

Estimated Value: $113,000 - $157,000

3 Beds
3 Baths
1,593 Sq Ft
$79/Sq Ft Est. Value

Last Sold March 24, 2017

Last sale price $28,000 $18 Per Sq Ft

Est. 350% increase in value since last sale

Current estimated payment $761/month

1,068 Days on Market

Highlights

  • Window Unit Cooling System
  • Forced Air Heating System
  • Wood Siding

About This Home

As of March 2017

NICE AFFORDABLE DUPLEX WITH GREAT CASH FLOW! THIS WILL MAKE AN INVESTOR A GREAT PROPERTY. TENANTS PAY OWN UTILITIES. INCOME OF $800/MO. SET YOUR APPOINTMENT UP TODAY.

Last Agent to Sell the Property

Terry Zimmerman

The Carlin Company License #2006006352 Listed on: 03/09/2014

Last Buyer's Agent

Cheryl Andres

Coldwell Banker Classic Proper License #2021000393

Coldwell Banker Classic Proper

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,142

Year Built

  • Built in 1880

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 49x132

Parking

  • Driveway

Home Design

  • Duplex
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Partial Basement

Schools

  • Defiance Elementary School
  • Defiance High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for exterior maintenance, insurance, repairs, taxes
  • Assessor Parcel Number B01-1019-0-011-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,142

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1880
  • Lot Size Acres: 0.15
  • Lot Size: 49x132
  • Subdivision Name: None
  • Carport Y N: No
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Of Buildings: 1
  • Owner Pays: Exterior Maintenance, Insurance, Repairs, Taxes
  • Has Basement: Partial
  • Basement YN: Yes
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Disclosures: Lead Based Paint Disclosure, Property Disclosure
  • Construction Type: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, Other, Driveway

Utilities

  • Heating: Forced Air, Natural Gas
  • Utilities: Cable Connected
  • Sewer: Sanitary Sewer
  • Appliances: Water Heater
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Defiance

Lot Info

  • Lot Size Sq Ft: 6490.0
  • Parcel #: B01-1019-0-011-00

Rental Info

  • Lease Term: ["Month To Month"]
  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 800.0

MLS Schools

  • Elementary School: Defiance
  • HighSchool: Defiance

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2014
Closed on
Mar 23, 2017
Sold by
Straley Enterprises Ltd
Bought by
Grant Christopher T
Seller's Agent
Terry Zimmerman
The Carlin Company
Buyer's Agent
Cheryl Andres
Coldwell Banker Classic Proper
List Price
$49,900
Sold Price
$28,000
Premium/Discount to List
-$21,900
-43.89%
Current Estimated Value
$126,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,012
Avg. Annual Appreciation
19.19%
Original Mortgage
$21,000
Outstanding Balance
$10,847
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$115,165

Purchase Details

Closed on
Feb 16, 2007
Sold by
Jewell Eddie L and Jewell Shonda L
Bought by
Straley Enterprises Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 2, 2002
Bought by
Straley Enterprises Ltd

Purchase Details

Closed on
Sep 12, 1997
Bought by
Straley Enterprises Ltd
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
Grant Christopher T $28,000 None Available
Straley Enterprises Ltd $72,000 --
Straley Enterprises Ltd -- --
Straley Enterprises Ltd $70,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grant Christopher T $21,000
Previous Owner Straley Enterprises Ltd $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2017 03/24/17 Sold $28,000 -43.9% $18 / Sq Ft
02/08/2017 02/08/17 Pending -- -- --
03/08/2014 03/08/14 For Sale $49,900 -- $31 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

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 $1,142 $29,650 $3,550 $26,100
2023 $1,142 $29,650 $3,550 $26,100
2022 $936 $21,710 $3,510 $18,200
2021 $936 $21,710 $3,510 $18,200
2020 $943 $21,710 $3,510 $18,200
2019 $926 $20,850 $3,520 $17,330
2018 $846 $19,570 $3,520 $16,050
2017 $834 $19,572 $3,517 $16,055
2016 $793 $18,039 $3,517 $14,522
2015 -- $18,039 $3,517 $14,522
2014 -- $21,672 $3,517 $18,155
2013 -- $9,873 $3,517 $6,356
2012 -- $9,874 $3,518 $6,356
Source: Public Records

Agents Affiliated with this Home

  • Terry Zimmerman

    Seller's Agent in 2017

    Terry Zimmerman

    The Carlin Company

    (419) 636-0108

    2 in this area

    738 Total Sales

    Terry Zimmerman
    Section Image
  • Cheryl Andres

    Buyer's Agent in 2017

    Cheryl Andres

    Coldwell Banker Classic Proper

    (419) 212-2547

    5 in this area

    194 Total Sales

    Cheryl Andres
    Section Image
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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 5068673

Northwest Ohio Real Estate Information Service (NORIS)

APN: B01-1019-0-011-00

Ohio Defiance County Defiance 43512

518 Washington Ave, Defiance, OH

This home is located at 518 Washington Ave, Defiance, OH 43512 since 09 March 2014 and is currently estimated at $126,012, approximately $79 per square foot. This property was built in 1880. 518 Washington Ave is a home located in Defiance County with nearby schools including Defiance Elementary School, Defiance Middle School, and Defiance 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.

Northwest Ohio Real Estate Information Service (NORIS) 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. Information is deemed reliable but not guaranteed. ©2025 NORIS. All rights reserved.

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