NOT LISTED FOR SALE

5758 Summit St Sylvania, OH 43560

-- Bed
-- Bath
3,724 Sq Ft
0.36 Acres Lot

Sale Details

Date Sold: January 5, 2015

Last sale price $177,000 $48 Per Sq Ft

205 Days on Market

Highlights

  • Shed
  • Forced Air Heating and Cooling System
  • Carpet
  • Maplewood Elementary School Rated A-

About This Home

As of January 2015

Excellent investment opportunity. All 4 units are leased, two of the tenants have been there 10+ years. Front units built in 1902 & Back two units built in 1978. A breezeway connects the units. All units are equipped with Stove/Refrigator and 2 back units also have dishwasher. 3 of the units have washer/dryer hookup. Each unit has carport plus additional parking spot. Backs up to 10 Mile Creek.

Last Agent to Sell the Property

Jack Schroeder

Epic Homes Real Estate License #2004001805 Listed on: 06/14/2014

Last Buyer's Agent

Sharlene Dickinson

Welles Bowen Realtors License #0000292513

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,702

Year Built

  • Built in 1902

Lot Details

  • 0.36

Home Design

  • Shingle Roof
  • Aluminum Siding
  • Steel Siding

Interior Spaces

  • 3,724 Sq Ft Home
  • 2-Story Property
  • Window Screens
  • Carpet
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Gas Dryer Hookup

Kitchen

  • Dishwasher
  • Disposal

Parking

  • 8 Parking Spaces
  • Carport
  • Driveway
  • Parking Lot

Schools

  • Maplewood Elementary School
  • Northview High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Shed
  • 15,638 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $2,555
  • Tenant pays for electricity, gas, sewer, water
  • Assessor Parcel Number 82-11564
  • $59 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Property is near a ravine

Building Details

  • 4 Leased Units
  • Operating Expense $14,845
  • Net Operating Income $15,815

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,702

Year Built

Built in 1902

Lot Details

0.36 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1902
  • Lot Size Acres: 0.36
  • Lot Size: Irr
  • Carport Y N: Yes
  • Status Change Information: Status Change Timestamp: 2015-01-05
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Number Of Buildings: 2
  • Owner Pays: None
  • Has Basement: Full
  • Basement YN: Yes
  • Door Features: Door Screen(s)
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Lot Features: Ravine
  • Disclosures: Lead Based Paint Disclosure, Property Disclosure
  • Construction Type: Aluminum Siding, Steel Siding
  • Other Structures: Shed(s)

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, Parking Lot, Driveway
  • Total Parking Spaces: 8.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Utilities: Cable Connected
  • Sewer: Sanitary Sewer
  • Appliances: Dishwasher, Water Heater, Disposal, Electric Range Connection, Refrigerator
  • Cooling: Central Air
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Water Source: Public

Schools

  • Junior High Dist: Sylvania

Lot Info

  • Lot Size Sq Ft: 15638.0
  • Parcel #: 82-11564

Rental Info

  • Lease Term: ["12 Months"]
  • Tenant Pays: Electricity, Gas, Sewer, Water

Multi Family

  • Net Operating Income: 15815.0
  • Number Of Units Total: 4
  • Number Of Units Leased: 4
  • Annual Operating Expense: 14845.0
  • Total Actual Rent: 2555.0

MLS Schools

  • Elementary School: Maplewood
  • HighSchool: Northview

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2019
Sold by
Estate Of Sharlene R Dickinson
Bought by
Dickinson Steven R and Sharlene Rose Dickinson Living

Purchase Details

Listed on
Jun 14, 2014
Closed on
Jan 5, 2015
Sold by
Melchert Lynn M and Melchert Richard V
Bought by
Dickinson Sharlene R
Seller's Agent
Jack Schroeder
Epic Homes Real Estate
Buyer's Agent
Sharlene Dickinson
Welles Bowen Realtors
List Price
$189,900
Sold Price
$177,000
Premium/Discount to List
-$12,900
-6.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,050
Interest Rate
3.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 1998
Sold by
Quinnell Investments Ltd
Bought by
Melchert Lynn M

Purchase Details

Closed on
Aug 13, 1993

Purchase Details

Closed on
Nov 13, 1991
Sold by
Quinnell Charles R
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Dickinson Steven R -- None Available
Dickinson Sharlene R $177,000 Chicago Title
Melchert Lynn M -- --
-- -- --
-- -- --
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
Previous Owner Dickinson Sharlene R $115,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2015 01/05/15 Sold $177,000 -6.8% $48 / Sq Ft
01/04/2015 01/04/15 Pending -- -- --
06/13/2014 06/13/14 For Sale $189,900 -- $51 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

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 -- $50,190 $4,445 $45,745
Source: Public Records

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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 5073770

Northwest Ohio Real Estate Information Service (NORIS)
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