NOT LISTED FOR SALE

520 E Monroe St Sandusky, OH 44870

Estimated Value: $188,000 - $216,000

5 Beds
3 Baths
2,004 Sq Ft
$98/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $169,900 $85 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,213/month

34 Days on Market

Highlights

  • Wood Siding
  • Heating System Uses Natural Gas
  • 4-minute walk to Huron Park

About This Home

As of April 2024

Not only is this location great, but the tenants are too! These units are in great shape, super clean and cozy. Definitely under rented compared to Fair Market Rent Rates (current rent rates attached). There is at least $1,000 in additional revenue just waiting for a new owner/landlord.The front unit (#1) rents for $525.00 - this 2 bedroom could be rented for much more. Tenant is moving April 15th.The middle unit (#2) entrance is at the east side - this 1 bedroom is rented for $525.00 month to month but tenant wants to stay.The upper unit (#3) entrance is at the west side - this spacious 2-bedroom is rented for $775.00 month to month but tenant wants to stay.The electric panel is updated, windows are less than 10 years old and all three stoves and refrigerators are included (they belong to owner). Parking - not an issue. There is ample off street parking directly in front of the property.

Last Agent to Sell the Property

Tarina Sidoti

BHHS Professional Realty License #2009004588 Listed on: 02/20/2024

BHHS Professional Realty

Co-Listed By

Default zSystem

zSystem Default

Last Buyer's Agent

Kyle Recker

Howard Hanna - Port Clinton License #2015002207

Howard Hanna - Port Clinton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,336

Year Built

  • Built in 1930

Lot Details

  • 3,367 Sq Ft Lot

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Partial Basement
  • Range

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Community Details

  • 3 Units
  • Southwark Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5705020000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,336

Year Built

Built in 1930

Lot Details

0

Listing Details

  • PropertySubType: Multi Family
  • PropertyType: Residential Income
  • Lot Size Acres: 0.0773
  • NAV29_Unit_1_Appliances: Range, Refrigerator
  • MLS Status: Sold
  • Subdivision Name: Southwark Addition
  • ResoBuildingAreaSource: Public Records
  • Carport Y N: No
  • Unit Levels: Two
  • Year Built: 1930
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Foundation Details: Basement

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: None

Utilities

  • Cooling Y N: No
  • Heating: Natural Gas, Hot Water
  • HeatingYN: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
  • Water Source: Public

Schools

  • Junior High Dist: Sandusky

Lot Info

  • Lot Size Sq Ft: 3367.188
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 5705020000
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1335.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2024
Closed on
Apr 5, 2024
Sold by
Milas Properties Llc and Milas Matthew E
Bought by
Koromia George and Njoroge Linda
Seller's Agent
Tarina Sidoti
BHHS Professional Realty
Buyer's Agent
Kyle Recker
Howard Hanna - Port Clinton
List Price
$169,000
Sold Price
$169,900
Premium/Discount to List
$900
0.53%
Current Estimated Value
$196,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,502
Avg. Annual Appreciation
8.58%
Original Mortgage
$127,425
Outstanding Balance
$125,528
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$70,874

Purchase Details

Closed on
May 16, 2011
Sold by
Milas Matthew E and Milas Sarah E
Bought by
Milas Properties Llc

Purchase Details

Closed on
Mar 11, 2010
Sold by
Avallone Cesare W and Avallone Andrea M
Bought by
Milas Matthew E and Milas Sarah E

Purchase Details

Closed on
Nov 10, 1999
Sold by
Danchisen Rose
Bought by
T V T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
7.72%
Mortgage Type
New Conventional
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
Koromia George $169,900 Infinity Title
Milas Properties Llc -- None Available
Milas Matthew E $65,000 None Available
T V T $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koromia George $127,425
Previous Owner T V T $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2024 04/05/24 Sold $169,900 +0.5% $85 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
02/20/2024 02/20/24 For Sale $169,000 -- $84 / Sq Ft
Source: Firelands Association of REALTORS®

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 $2,245 $56,986 $3,825 $53,161
2023 $2,245 $26,173 $2,989 $23,184
2022 $1,327 $26,176 $2,989 $23,187
2021 $1,339 $26,180 $2,990 $23,190
2020 $1,446 $25,970 $2,990 $22,980
2019 $1,486 $25,970 $2,990 $22,980
2018 $1,666 $25,970 $2,990 $22,980
2017 $1,459 $22,150 $3,110 $19,040
2016 $1,466 $22,150 $3,110 $19,040
2015 $1,354 $22,150 $3,110 $19,040
2014 $1,464 $24,260 $3,110 $21,150
2013 $1,459 $24,260 $3,110 $21,150
Source: Public Records

Agents Affiliated with this Home

  • Tarina Sidoti

    Seller's Agent in 2024

    Tarina Sidoti

    BHHS Professional Realty

    (419) 706-2365

    237 in this area

    455 Total Sales

    Tarina Sidoti
    Section Image

  • D

    Seller Co-Listing Agent in 2024

    Default zSystem

    zSystem Default

  • Kyle Recker

    Buyer's Agent in 2024

    Kyle Recker

    Howard Hanna - Port Clinton

    (567) 230-2008

    150 in this area

    1,144 Total Sales

    Kyle Recker
    Section Image
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Map

Source: Firelands Association of REALTORS®

MLS Number: 20240519

APN: 57-05020-000

Ohio Erie County Sandusky 44870

520 E Monroe St, Sandusky, OH

Not Listed for Sale

MultiFamily

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