NOT LISTED FOR SALE
23 Beds
10 Baths
9,408 Sq Ft
0.43 Acre Lot

Sale Details

Date Sold: July 12, 2023

Last sale price $675,510 $72 Per Sq Ft

2 Days on Market

Highlights

  • Cooling Available
  • Garage
  • Heating System Uses Oil

About This Home

As of July 2023

MOTIVATED SELLER!!!! Awesome Investment Opportunity! 12-Unit Apartment Complex located in Mansfield, OH, Lexington City Schools. 11 of the units are 2 bedroom, 1 bath & 1 unit is 1 bedroom & 1 bath. Each unit has its own set of glass sliders that lead to private deck/patio. Appliances in most units convey. Detached carport for each unit as well as a 1 car detached garage - currently used for storage for landlord. Coin operated laundry onsite(2 washers/2 dryers). Concrete drive. This is a SUPER Opportunity!

Last Agent to Sell the Property

Shad Bevington

Re/Max Stars License #2005016957 Listed on: 05/18/2023

Re/Max Stars

Last Buyer's Agent

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,310

Year Built

  • Built in 1977

Lot Details

  • 18,731 Sq Ft Lot

Home Design

  • 9,408 Sq Ft Home
  • Frame Construction

Parking

  • Garage
  • 3 Carport Spaces

Utilities

  • Cooling Available
  • Heating System Uses Oil

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 056-92-199-11-000

Community Details

Overview

  • 12 Units
  • Mid-Rise Community

Building Details

  • Operating Expense $18,000
  • Gross Income $7,100
  • Net Operating Income $67,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,310

Year Built

Built in 1977

Lot Details

0.43 Acres

Listing Details

  • Type: Multi-Family
  • Year Built: 1977
  • Tax Year: 2022
  • Property Sub-Type: Midrise
  • Lot Size Acres: 0.43
  • Total Gross Income: 7100.0
  • Co List Office Phone: 740-392-7000
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 71.75
  • Remarks Misc Hot Sheet Comments: new
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 7100.0
  • Annual Expenses: 18000.0
  • General Property Info Building Sq Ft: 9408.0
  • Heat Fuel Electric4: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes

Garage/Parking

  • Parking Features 1 Car Garage2: Yes
  • General Property Info Carport Spaces2: 3.0

Utilities

  • Sewer: Public Sewer
  • Heating: Oil
  • Cooling: Other
  • Cooling Y N: Yes

Schools

  • Junior High Dist: LEXINGTON LSD 7003 RIC CO.

Lot Info

  • Parcel Number: 056-92-199-11-000
  • Lot Size Sq Ft: 18730.8

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 12
  • Net Operating Income: 67200.0
  • Annual Operating Expense: 18000.0

Tax Info

  • Tax Annual Amount: 5310.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,408
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 1994
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$675,500 None Listed On Document
$265,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,200,000
Previous Owner $540,408
Previous Owner $149,757
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/12/2023 07/12/23 Sold $675,510 +0.1% $72 / Sq Ft
05/20/2023 05/20/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $675,000 -- $72 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,420 $87,110 $15,250 $71,860
2024 $5,420 $87,110 $15,250 $71,860
2023 $5,413 $87,110 $15,250 $71,860
2022 $5,310 $73,500 $13,860 $59,640
2021 $5,246 $73,500 $13,860 $59,640
2020 $5,216 $73,500 $13,860 $59,640
2019 $5,404 $73,500 $13,860 $59,640
2018 $4,753 $73,500 $13,860 $59,640
2017 $4,755 $73,500 $13,860 $59,640
2016 $4,783 $72,570 $12,600 $59,970
2015 $4,783 $72,570 $12,600 $59,970
2014 $4,741 $72,570 $12,600 $59,970
2012 $6,635 $109,080 $12,600 $96,480
Source: Public Records

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 223014691

Columbus and Central Ohio Regional MLS
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