NOT LISTED FOR SALE

580 E Shoop Rd Tipp City, OH 45371

Estimated Value: $412,000 - $910,000

14 Beds
11 Baths
6,745 Sq Ft
$114/Sq Ft Est. Value

Last Sold December 07, 2021

Last sale price $800,000 $119 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,951/month

24 Days on Market

Highlights

  • 6 Acre Lot
  • Ranch Style House
  • 7 Car Garage
  • Nevin Coppock Elementary School Rated A
  • No HOA
  • Patio

About This Home

As of December 2021

Co-listed Lorie Koehler, Jackie Halderman & Mark Davison. 4 Total Properties. Located in Monroe Township this 5.99 acre parcel consists of 3 (three) 2-family ranch doubles; 1 (one) 2-bedroom single-story residence/rental w/attached 2-car garage. 7 Total rental units. All properties currently rented. Majority on month to month. Unique opportunity for the serious investor. Two (2) of the 2-family properties are 2 bedrooms, 1 bath each side & one (1) of the 2-family properties is 2 bedrooms & 1.5 baths each side. 1 Double has attached 1-car garages each side. 2 of the doubles have a 4-car detached garage; 1-garage per unit. 8-car total car capacity. Property has possibility for future development. Some of 6+/- acres is currently being farmed. Property is being sold 'as is.' Showings by appointment only. One side of each double will be shown. If additional interest, opposite sides will be arranged to show. Roofs have been updated.

Last Agent to Sell the Property

Lora Koehler

Sibcy Cline, Inc. License #2005016263 Listed on: 10/24/2021

Sibcy Cline, Inc.

Co-Listed By

Jackie Halderman

Sibcy Cline, Inc. License #000324092

Last Buyer's Agent

Carli Amlin

RE/MAX Alliance Realty- Tipp City License #000449194

RE/MAX Alliance Realty- Tipp City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,124

Year Built

  • Built in 1952

Lot Details

  • 6

Parking

  • 7 Car Garage

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 6,745 Sq Ft Home
  • Non-Functioning Fireplace
  • Crawl Space

Kitchen

  • Built-In Electric Oven
  • Range

Bedrooms and Bathrooms

  • 14 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Baseboard Heating
  • Well
  • Water Softener Leased
  • Septic Tank

Additional Features

  • Patio
  • 6 Acre Lot

Community Details

  • No Home Owners Association
  • Association fees include trash
  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number G12061200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,124

Year Built

Built in 1952

Lot Details

0

Parking

7

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Ranch
  • Structure Type: Duplex, House
  • Includedin Fee: Trash
  • Level Style: One
  • Semi-Annual Tax: 4062.00
  • Year Built: 1952
  • Documents: Lead Based Paint Disclosure, Property Disclosure, Other
  • Listing I D: 1014475
  • M L S Approved: Y
  • M L S Identifier: 20190724221641160008000000
  • New Financing: Cash, Conventional
  • Parcel I D Number Formatted: G12061200
  • Property Group I D: 19990816212116581394000000
  • Type Of Contract: Exclusive Right To Sell
  • Two Bedrooms: 7
  • Units Rooms Gross Monthly Rent: 4235.00
  • Units Rooms Total Security Deposit: 4235.00
  • Total Number of Units: 7
  • Condo Lot Y N: No
  • H O A C O A Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Built-In Electric Oven, Water Softener Rented, Refrigerator, Range
  • Total Bathrooms: 11.00
  • Full Bathrooms: 9
  • Basement: Crawl Space
  • Price/ Sq Ft: 126.02
  • Fireplace: Inoperable, One Fireplace
  • Half Bathrooms: 2
  • Total Bedrooms: 14
  • Total Square Footage: 6745.00

Exterior Features

  • Exterior: Brick
  • Foundation: Slab
  • Outside Features: Patio

Garage/Parking

  • Garage: Attached, Detached
  • Garage Spaces: 7.00

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Heating System: Baseboard, Electric, Forced Air
  • Sewer: Septic Tank
  • Water Source: Well

Lot Info

  • Acres: 6.00
  • Lot Dimensions: 6 acres
  • Zoning: Residential
  • Land Info: Residential Lot
  • Parcel Id Number: G12061200

Tax Info

  • Tax Year: 2020

MLS Schools

  • School District: 5508 Tipp City EVSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2021
Closed on
Dec 7, 2021
Sold by
Hempy Betty L
Bought by
R H Oaks Farms Llc
Seller's Agent
Lora Koehler
Sibcy Cline, Inc.
Buyer's Agent
Carli Amlin
RE/MAX Alliance Realty- Tipp City
List Price
$850,000
Sold Price
$800,000
Premium/Discount to List
-$50,000
-5.88%
Current Estimated Value
$766,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,456
Avg. Annual Appreciation
-1.06%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
R H Oaks Farms Llc $800,000 None Available
Rh Oaks Farms Llc -- Hempy Betty L
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2021 12/07/21 Sold $800,000 -5.9% $119 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
10/24/2021 10/24/21 For Sale $850,000 -- $126 / Sq Ft
Source: Western Regional Information Systems & Technology (WRIST)

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 $11,026 $205,350 $52,920 $152,430
2023 $11,026 $205,350 $52,920 $152,430
2022 $10,140 $205,350 $52,920 $152,430
2021 $8,026 $152,110 $39,200 $112,910
2020 $8,123 $152,110 $39,200 $112,910
2019 $8,194 $152,110 $39,200 $112,910
2018 $8,682 $150,190 $36,860 $113,330
2017 $8,713 $150,190 $36,860 $113,330
2016 $8,376 $150,190 $36,860 $113,330
2015 $7,105 $134,090 $32,900 $101,190
2014 $7,105 $134,090 $32,900 $101,190
2013 $7,140 $134,090 $32,900 $101,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Regional Information Systems & Technology (WRIST)

MLS Number: 1014475

Western Regional Information Systems & Technology (WRIST)

APN: G12061200