NOT LISTED FOR SALE

557 Summit Ave Troy, OH 45373

Estimated Value: $197,000 - $267,575

6 Beds
2 Baths
2,304 Sq Ft
$99/Sq Ft Est. Value

Last Sold February 21, 2023

Last sale price $116,200 $50 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,376/month

1 Day on Market

Highlights

  • Wood Frame Window
  • Ceiling Fan
  • Gravity Heating System
  • Troy High School Rated 9+
  • Partially Fenced Property

About This Home

As of February 2023

Opportunity property! Full brick ~ 3 Bedrooms per side ~ Full Basement, divided between sides ~ Low maintenance hardwood flooring ~ Large rooms ~ Off-street parking ~ Tenants pay own utilities per seller ~ Troy City Schools! Priced according to needed updates. Strictly an as-is sale, owner will make no repairs. Units are mirror images of each other, right side only available for showings. Potentially a 10+ cap rate.

Last Agent to Sell the Property

Brett Williford

Irongate Inc. Brokerage Phone: (937) 426-0800 License #0000412117 Listed on: 02/03/2023

Irongate Inc.

Last Buyer's Agent

Missy Trumbull

Glasshouse Realty Group License #2010002160

Property Details

Home Type

  • Multi-Family

Year Built

  • 1944

Lot Details

  • 6,468 Sq Ft Lot
  • Lot Dimensions are 77x84
  • Partially Fenced Property

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,304 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Frame Window
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Kitchenette
  • Laminate Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Driveway
  • On-Street Parking
  • Parking Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Gravity Heating System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number D08020980

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $13,200
  • Net Operating Income $11,394

Property Details

Home Type

Multi-Family

Year Built

1944

Lot Details

0

Listing Details

  • Major Appliances: Gas Water Heater
  • Cooling System: None
  • Property Sub Type: Multi Family
  • Cross Street: Wayne Street
  • Year Built: 1944
  • Attribution Contact: (937) 426-0800
  • Fencing: Partial
  • Lot Size Acres: 0.1485
  • Co List Office Phone: (937) 426-0800
  • MLS Status: Closed
  • Living Area: 2304.0
  • Window Features: Wood Frames
  • Master Plan Zoning: Residential
  • Property Sub Type Additional: Multi Family
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Laminate Counters, Kitchenette
  • Basement: Full, Unfinished
  • Property Type: Residential Income
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick
  • Exterior Features: Fence

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, No Garage, Parking Lot, On Street

Utilities

  • Heating: Gravity, Natural Gas
  • Utilities: Natural Gas Available, Sewer Available, Water Available, Cable Available
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Troy

Lot Info

  • Lot Dimensions: 77x84
  • Lot Size Sq Ft: 6468.0
  • Parcel Number: D08020980
  • Zoning Description: Residential

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Annual Gross Income: 13200.0
  • Property Net Operating Income: 11394.0
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2023
Closed on
Feb 21, 2023
Sold by
Szturm Nancy
Bought by
Not Limited
Seller's Agent
Brett Williford
Irongate Inc.
Buyer's Agent
Missy Trumbull
Glasshouse Realty Group
List Price
$94,900
Sold Price
$116,200
Premium/Discount to List
$21,300
22.44%
Views
14
Current Estimated Value
$228,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,694
Avg. Annual Appreciation
26.65%

Purchase Details

Closed on
Apr 14, 1993
Sold by
Szturm Marlin
Bought by
Richard Szturm
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
Not Limited $116,100 None Listed On Document
Richard Szturm -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2023 02/21/23 Sold $116,200 +22.4% $50 / Sq Ft
02/04/2023 02/04/23 Pending -- -- --
02/03/2023 02/03/23 For Sale $94,900 -- $41 / Sq Ft
Source: Dayton 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 $2,161 $56,040 $9,310 $46,730
2023 $2,161 $56,040 $9,310 $46,730
2022 $1,871 $56,040 $9,310 $46,730
2021 $1,523 $44,840 $7,460 $37,380
2020 $1,526 $44,840 $7,460 $37,380
2019 $1,540 $44,840 $7,460 $37,380
2018 $1,369 $38,330 $8,050 $30,280
2017 $1,383 $38,330 $8,050 $30,280
2016 $1,364 $38,330 $8,050 $30,280
2015 $1,549 $41,730 $7,460 $34,270
2014 $1,549 $41,730 $7,460 $34,270
2013 $1,559 $41,730 $7,460 $34,270
Source: Public Records

Agents Affiliated with this Home

  • Brett Williford

    Seller's Agent in 2023

    Brett Williford

    Irongate Inc.

    (937) 436-3728

    1 in this area

    42 Total Sales

    Brett Williford
    Section Image
  • Missy Trumbull

    Buyer's Agent in 2023

    Missy Trumbull

    Glasshouse Realty Group

    (937) 418-0483

    5 in this area

    45 Total Sales

    Missy Trumbull
    Section Image
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Map

Source: Dayton REALTORS®

MLS Number: 880417

Dayton REALTORS®

APN: D08020980

Ohio Miami County Troy 45373

557 Summit Ave, Troy, OH

Not Listed for Sale

MultiFamily

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Dayton REALTORS® The information is being provided by Dayton Area Board of Realtors MLS. Information deemed reliable but not guaranteed. Information is provided for the consumer's personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Dayton Area Board of Realtors MLS. All Rights Reserved.

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