D
Seller's Agent in 2023
Donald Klupp
RE/MAX
(419) 571-6102
4 in this area
18 Total Sales
538 Bailey Dr Unit 540 Mansfield, OH 44904
Estimated Value: $231,000 - $301,000
5
Beds
4
Baths
2,630
Sq Ft
$98/Sq Ft
Est. Value
Highlights
- Forced Air Heating and Cooling System
- Garage
- 4-minute walk to Fox Glen Park
About This Home
As of December 2023538-540 Bailey Dr. This two-story double in Lexington Schools is not only a comfortable residence but also a smart investment opportunity. Whether you're an experienced investor or a first-time buyer looking to offset your mortgage with rental income, this property offers both short-term and long-term financial benefits.
Last Agent to Sell the Property
RE/MAX First Realty Brokerage Phone: 4197564663 License #2015000671 Listed on: 10/06/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,830
Year Built
- Built in 1971
Lot Details
- 0.27
Home Design
- Duplex
- Brick Exterior Construction
- Vinyl Siding
- Lead Paint Disclosure
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Parking
- Garage
- Open Parking
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Additional Features
- Basement Fills Entire Space Under The House
- 0.27 Acre Lot
- City Lot
Listing and Financial Details
- Assessor Parcel Number 0569218512000
Community Details
Overview
- Property has a Home Owners Association
- 2 Units
Building Details
- Insurance Expense $840
- Trash Expense $480
- Net Operating Income $16,650
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 6, 2023
Closed on
Dec 22, 2023
Sold by
Rhinostar Llc
Bought by
Burkhart Lauretta A
Seller's Agent
Donald Klupp
RE/MAX First Realty
Buyer's Agent
Heather Stover
Sluss Realty
List Price
$229,900
Sold Price
$219,000
Premium/Discount to List
-$10,900
-4.74%
Views
137
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,002
Avg. Annual Appreciation
8.37%
Original Mortgage
$197,100
Outstanding Balance
$193,694
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$64,308
Purchase Details
Listed on
Aug 4, 2020
Closed on
Oct 1, 2020
Sold by
Marcellus Equity Holdings Llc
Bought by
Rhinostar Llc
List Price
$194,900
Sold Price
$175,000
Premium/Discount to List
-$19,900
-10.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%
Purchase Details
Closed on
May 21, 2015
Sold by
Wert Timothy J
Bought by
Marcellus Equity Holdings Llc
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
3.64%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 8, 1997
Sold by
Senters Richard C
Bought by
Wert Timothy J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,800
Interest Rate
7.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 3, 1996
Sold by
Reece Sara L
Bought by
Senters Richard L and Senters Twila D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.91%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Burkhart Lauretta A | $219,000 | First Protection Title | |
| Rhinostar Llc | $175,000 | Barristers Title Group | |
| Marcellus Equity Holdings Llc | $70,000 | Chicago Title | |
| Wert Timothy J | $116,500 | -- | |
| Senters Richard L | $110,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Burkhart Lauretta A | $197,100 | |
| Previous Owner | Marcellus Equity Holdings Llc | $56,000 | |
| Previous Owner | Wert Timothy J | $92,800 | |
| Previous Owner | Senters Richard L | $88,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/22/2023 12/22/23 | Sold | $219,000 | -4.7% | $83 / Sq Ft | |
| 10/06/2023 10/06/23 | For Sale | $229,900 | +31.4% | $87 / Sq Ft | |
| 10/01/2020 10/01/20 | Sold | $175,000 | -10.2% | $67 / Sq Ft | View Prior Sale |
| 09/01/2020 09/01/20 | Pending | -- | -- | -- | |
| 08/05/2020 08/05/20 | For Sale | $194,900 | -- | $74 / Sq Ft |
Source: Mansfield Association of REALTORS®
Tax History Compared to Growth
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 | $3,088 | $61,730 | $14,280 | $47,450 |
| 2023 | $3,088 | $61,730 | $14,280 | $47,450 |
| 2022 | $1,830 | $31,510 | $10,780 | $20,730 |
| 2021 | $1,836 | $31,510 | $10,780 | $20,730 |
| 2020 | $1,838 | $31,510 | $10,780 | $20,730 |
| 2019 | $1,689 | $26,710 | $9,140 | $17,570 |
| 2018 | $1,444 | $26,710 | $9,140 | $17,570 |
| 2017 | $1,587 | $34,320 | $9,140 | $25,180 |
| 2016 | $1,339 | $24,540 | $8,870 | $15,670 |
| 2015 | $2,071 | $37,990 | $8,870 | $29,120 |
| 2014 | $2,071 | $37,990 | $8,870 | $29,120 |
| 2012 | $1,007 | $39,160 | $9,140 | $30,020 |
Source: Public Records
Agents Affiliated with this Home
-
Donald Klupp
-
Heather Stover
Buyer's Agent in 2023
Heather Stover
Sluss Realty
(419) 295-5345
22 in this area
211 Total Sales
Map
Source: Mansfield Association of REALTORS®
MLS Number: 9058960
APN: 056-92-185-12-000
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