NOT LISTED FOR SALE

5225 E Porter St Port Clinton, OH 43452

Estimated Value: $50,000 - $317,000

8 Beds
4 Baths
2,200 Sq Ft
$103/Sq Ft Est. Value

Last Sold October 15, 2018

Last sale price $135,000 $61 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,239/month

369 Days on Market

Highlights

  • Detached Garage
  • Ceiling Fan
  • Heating System Uses Natural Gas
  • Outdoor Storage

About This Home

As of October 2018

Fabulous location 4 unit Multi-family! Great INCOME potential!! At the tip of Catawba you are close to the Miller Ferry to Put-In-Bay, the public Pebble Beach, Catawba Inn with dining and entertainment... This is your opportunity to own a piece of the rock! Rent out three units and keep one for yourself. Or, add 2 mobile homes to the 2 vacant mobile home lots (comes with second parcel); use one, rent one!... this property has sooo much to offer, you decide how to take advantage of it!!!

Last Agent to Sell the Property

Karmen Lucas

Russell Real Estate Services License #2007000907 Listed on: 08/20/2017

Russell Real Estate Services

Co-Listed By

Default zSystem

zSystem Default

Last Buyer's Agent

Les Wilson

EXP Realty, LLC License #2011002152

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,191

Year Built

  • Built in 1954

Lot Details

  • 0.45

Parking

  • Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • 200+ Amp Service

Additional Features

  • Outdoor Storage
  • 0.45 Acre Lot

Community Details

  • 4 Units
  • Gross Income $22,800

Listing and Financial Details

  • Assessor Parcel Number 0131467519746000
  • $421 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,191

Year Built

Built in 1954

Lot Details

0

Listing Details

  • PropertySubType: Multi Family
  • PropertyType: Residential Income
  • Lot Size Acres: 0.45
  • NAV29_Unit_1_Appliances: Dishwasher, Range, Refrigerator
  • Total Gross Income: 22800
  • MLS Status: Sold
  • Directions: SR 2 to SR 53 North to left on Porter
  • Carport Y N: No
  • Interior Features: Ceiling Fan(s)
  • Unit Levels: Two
  • Year Built: 1954
  • Tax Year: 2016
  • Master Plan Zoning: Commercial
  • Financial Info Electric: 200+ Amp Service
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Crawl Space
  • Other Structures: Storage

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Detached

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: Port Clinton

Lot Info

  • Lot Size Sq Ft: 19602
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 0131467519746000
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2190.8
  • Tax Other Annual Assessment Amount: 420.58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2017
Closed on
Oct 15, 2018
Sold by
Buckey Nancy A
Bought by
Allied Real Estate Company
Seller's Agent
Karmen Lucas
Russell Real Estate Services
Buyer's Agent
Les Wilson
EXP Realty, LLC
List Price
$219,000
Sold Price
$135,000
Premium/Discount to List
-$84,000
-38.36%
Current Estimated Value
$226,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,000
Avg. Annual Appreciation
15.39%

Purchase Details

Closed on
Jun 17, 1996
Sold by
Rupert Ronald W
Bought by
Nause John B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
8.05%
Mortgage Type
Commercial
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
Allied Real Estate Company $135,000 None Available
Nause John B $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nause John B $73,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2018 10/15/18 Sold $135,000 -38.4% $61 / Sq Ft
08/24/2018 08/24/18 Pending -- -- --
08/20/2017 08/20/17 For Sale $219,000 -- $100 / 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 $550 $16,954 $16,954 $0
2023 $1,889 $45,003 $13,013 $31,990
2022 $2,370 $55,647 $13,013 $42,634
2021 $2,369 $55,640 $13,010 $42,630
2020 $1,921 $43,050 $7,560 $35,490
2019 $1,908 $43,050 $7,560 $35,490
2018 $2,288 $43,050 $7,560 $35,490
2017 $2,216 $41,440 $7,560 $33,880
2016 $2,224 $41,440 $7,560 $33,880
2015 $2,232 $41,440 $7,560 $33,880
2014 $1,084 $41,440 $7,560 $33,880
2013 $2,175 $41,440 $7,560 $33,880
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Karmen Lucas

    Russell Real Estate Services

    Section Image

  • D

    Seller Co-Listing Agent in 2018

    Default zSystem

    zSystem Default

  • Les Wilson

    Buyer's Agent in 2018

    Les Wilson

    EXP Realty, LLC

    (866) 212-4991

    59 Total Sales

    Les Wilson
    Section Image
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Map

Source: Firelands Association of REALTORS®

MLS Number: 20174553

APN: 013-1467519746000

Ohio Ottawa County Port Clinton 43452

5225 E Porter St, Port Clinton, OH

This home is located at 5225 E Porter St, Port Clinton, OH 43452 since 20 August 2017 and is currently estimated at $226,000, approximately $102 per square foot. This property was built in 1954. 5225 E Porter St is a home located in Ottawa County with nearby schools including Bataan Memorial Primary School, Bataan Memorial Intermediate School, and Port Clinton Middle School.

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