NOT LISTED FOR SALE

5440 S Main St New Franklin, OH 44319

Estimated Value: $557,000 - $648,539

6 Beds
4 Baths
3,712 Sq Ft
$158/Sq Ft Est. Value

Last Sold July 03, 2019

Last sale price $346,500 $93 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,990/month

156 Days on Market

Highlights

  • Lake Front
  • 2.03 Acre Lot
  • Park
  • Nolley Elementary School Rated A-
  • Community Lake
  • Forced Air Heating and Cooling System

About This Home

As of July 2019

This is a rare opportunity to own the nicest duplex you will ever see!! Situated on two acres this property was built in 2006 and offers two separate single level Ranch Homes, each with three Bedrooms, two full Bathrooms, a full basement and attached two car Garage. Both units have beautiful Kitchens open to an expansive living space featuring vaulted ceilings and a fireplace. The floorplan also features a large Master Suite with walk-in Closet and attached bath as well as two more nicely sized bedrooms, another well-appointed full bathroom and a first level laundry space. Close to everything that makes the Portage Lakes area great! Directly across the street is the beautiful Nimisila Reservoir with walking trails. On top of all of this the entire property has just undergone a complete waterproofing with transferrable warranty. With over $32,000 in annual income this is a great investment and a great place to call home. Call today to set up a private showing!!

Last Agent to Sell the Property

Patricia Kurtz

Keller Williams Chervenic Rlty License #2006007481 Listed on: 01/29/2019

Keller Williams Chervenic Rlty

Last Buyer's Agent

Amy Simler

Deleted Agent License #2013001823

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,534

Year Built

  • Built in 2006

Lot Details

  • 2.03 Acre Lot
  • Lake Front
  • East Facing Home

Parking

  • 4 Car Garage

Property Views

  • Water
  • Woods

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,712 Sq Ft Home
  • 1-Story Property

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Septic Tank

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas, heating, pays all, sewer, trash collection, water
  • Assessor Parcel Number 2305534

Community Details

Overview

  • 2 Units
  • Franklin Sec 24 Community
  • Community Lake

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,534

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: East
  • Price Per Square Foot: 93.35
  • Estimated Price per Sq Ft: 93.35
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 3712
  • Year Built: 2006
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 2006

Interior Features

  • Appliances Equipment: Dishwasher, Wall Oven, Range, Refrigerator
  • Total Bedrooms: 6
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Sq Ft Approx Above Grade Finished: 3712.00
  • Sq Ft Approx Total Finished: 3712.00

Exterior Features

  • View: Water View, Wooded
  • Exterior: Brick, Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Num Of Cars: 4

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Well, Septic

Association/Amenities

  • Amenities: Lake, Park

Condo/Co-op/Association

  • Subdivision Complex: Franklin Sec 24

Schools

  • School District: Manchester LSD
  • School District: Manchester LSD

Lot Info

  • Lot Description: Lake Front
  • Lot Size Units: Acres
  • Acres: 2.0300
  • Parcel Number: 2305534

Rental Info

  • Tenant Pays: Cable/Electric Link, Electric, Gas, Heating, Pays All, Sewer, Trash Collection, Water

Multi Family

  • Unit Count: 2
  • Gross Income: 32400.00
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 5534

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2019
Closed on
Jul 1, 2019
Sold by
Wilson Michael W
Bought by
White Dana L
Seller's Agent
Patricia Kurtz
Keller Williams Chervenic Rlty
Buyer's Agent
Amy Simler
Deleted Agent
List Price
$374,900
Sold Price
$346,500
Premium/Discount to List
-$28,400
-7.58%
Total Days on Market
156
Current Estimated Value
$585,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,385
Avg. Annual Appreciation
9.18%
Original Mortgage
$317,307
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 10, 2006
Sold by
Glick Real Estate Ltd
Bought by
Wilson Michael W
Source: Public Records

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  • 5064 S Main St, Akron, OH 44319

    $434,900

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    • 4 Baths
    • 3,416 Sq Ft
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    • Akron, OH

    Fantastic investment opportunity! This fully occupied, well-maintained quadplex is in a prime location with multiple state park entrances nearby. This listing is being sold alongside 5074 S. Main St., New Franklin, OH (MLS #5107408) and can be purchased together or separately. Both properties offer excellent income potential.

    Debbie Ferrante RE/MAX Edge Realty

    Section Image
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Range of Values:

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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
White Dana L $346,500 Multiple
Wilson Michael W $59,900 West Stark Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Dana L $313,500
Closed White Dana L $316,747
Closed White Dana L $316,747
Closed White Dana L $317,307
Previous Owner Wilson Michael W $252,000
Previous Owner Wilson Michael $249,700
Previous Owner Wilson Michael W $257,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2019 07/03/19 Sold $346,500 -3.5% $93 / Sq Ft
06/27/2019 06/27/19 Pending -- -- --
05/03/2019 05/03/19 Price Changed $359,000 -4.2% $97 / Sq Ft
04/27/2019 04/27/19 For Sale $374,900 0.0% $101 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
01/22/2019 01/22/19 For Sale $374,900 -- $101 / Sq Ft
Source: MLS Now

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
2025 $8,605 $168,973 $15,554 $153,419
2024 $8,605 $168,973 $15,554 $153,419
2023 $8,605 $168,973 $15,554 $153,419
2022 $8,231 $126,102 $11,610 $114,492
2021 $8,260 $126,102 $11,610 $114,492
2020 $8,119 $126,100 $11,610 $114,490
2019 $6,415 $91,000 $22,160 $68,840
2018 $5,534 $91,000 $22,160 $68,840
2017 $6,739 $115,620 $22,160 $93,460
2016 $6,660 $100,450 $22,160 $78,290
2015 $6,739 $100,450 $22,160 $78,290
2014 $6,688 $100,450 $22,160 $78,290
2013 $6,694 $101,270 $22,160 $79,110
Source: Public Records

Agents Affiliated with this Home

  • Patricia Kurtz

    Seller's Agent in 2019

    Patricia Kurtz

    Keller Williams Chervenic Rlty

    (330) 802-1675

    2 in this area

    438 Total Sales

    Patricia Kurtz
    Section Image

  • A

    Buyer's Agent in 2019

    Amy Simler

    Deleted Agent

See All Agents

Map

Source: MLS Now

MLS Number: 4064852

MLS Now

APN: 23-05534

Ohio Summit County New Franklin 44319

5440 S Main St, New Franklin, OH

This home is located at 5440 S Main St, New Franklin, OH 44319 since 29 January 2019 and is currently estimated at $585,885, approximately $157 per square foot. This property was built in 2006. 5440 S Main St is a home located in Summit County with nearby schools including Nolley Elementary School, Manchester Middle School, and Manchester 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.

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