$281,000
SOLD FEB 26, 2025

584 E Main St Madison, OH 44057

6 Beds
4 Baths
2,904 Sq Ft
0.97 Acres

Recently Sold

$97 Per Sq Ft

6% Below List Price

57 Days on Market

Highlights

  • 0.97 Acre Lot
  • Window Unit Cooling System
  • Ceiling Fan
  • 4 Car Attached Garage
  • Forced Air Heating System
  • Baseboard Heating

About This Home

As of February 2025

What a great opportunity to live in an updated Ranch and have additional income property pay your expenses or rent out both properties for positive cash flow. There are two homes on one parcel of land, each home has separate utilities. the front house is a 3-bedroom, 2 full bath Ranch with Walkin closets, tile flooring and more. This home has a one car attached garage, and oversize two car garage attached by a breezeway. The back house is currently rented and has 3 bedrooms and two full baths, overlooks a pond and wooded area. All of this on a private one-acre lot. Many updates and improvements have been done to these two homes over the last few years to ensure more longevity for the next owner.
Ranch is vacant and easy to show, second showing is required for the occupied home by appointment. Please do not disturb Tenants.

Last Agent to Sell the Property

Kevin Byrnes

Stanmor Realty Company Brokerage Email: 440-946-2240 stanmorrealty@gmail.com License #361786 Listed on: 11/29/2024

Last Buyer's Agent

Elaine Carroll

HomeSmart Real Estate Momentum LLC License #2002010162

HomeSmart Real Estate Momentum LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,428

Year Built

  • Built in 1928 | Remodeled

Lot Details

  • 0.97 Acre Lot

Parking

  • 4 Car Attached Garage
  • Common or Shared Parking
  • Front Facing Garage
  • Side Facing Garage
  • Gravel Driveway

Home Design

  • Asphalt Roof
  • Aluminum Siding
  • Block Exterior

Interior Spaces

  • 2,904 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating

Community Details

  • Paine Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-A-004-B-00-012-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,428

Year Built

Built in 1928 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1928
  • Attribution Contact: 440-946-2240 stanmorrealty@gmail.com
  • Subdivision Name: Paine
  • Above Grade Finished Sq Ft: 2904.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Reso Property Condition: Updated/Remodeled
  • Tax Year: 2023
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: No
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Stories: 2

Exterior Features

  • Roof: Asphalt
  • Acres: 0.97
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Block

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Attached, Common, Driveway, Garage Faces Front, Garage, Gravel, Heated Garage, Garage Faces Side

Utilities

  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Madison LSD Lake- 4303

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-A-004-B-00-012-0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1428.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2024
Closed on
Feb 24, 2025
Sold by
Thomas Dirk R and Thomas Geneva Shayne
Bought by
Page Thomas
Seller's Agent
Kevin Byrnes
Stanmor Realty Company
Buyer's Agent
Elaine Carroll
HomeSmart Real Estate Momentum LLC
List Price
$299,900
Sold Price
$281,000
Premium/Discount to List
-$18,900
-6.3%
Views
162
Current Estimated Value
$247,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,414
Avg. Annual Appreciation
-14.31%
Original Mortgage
$275,910
Outstanding Balance
$274,544
Interest Rate
7.04%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$26,958

Purchase Details

Listed on
May 30, 2017
Closed on
Oct 27, 2017
Sold by
Girton Laurie and Finzel Martin
Bought by
Thomas Dirk R
Seller's Agent
Michael Kaim
Real of Ohio
Buyer's Agent
Erik Coates
Deleted Agent
List Price
$79,900
Sold Price
$60,000
Premium/Discount to List
-$19,900
-24.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.41%

Purchase Details

Closed on
Mar 10, 2017
Sold by
Finzel Marin J and Mcmanigle Robert W
Bought by
Finzel Martin J

Purchase Details

Closed on
Oct 14, 1986
Bought by
Mcmanigle Robert W
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 Type Sale Price Title Company
Warranty Deed $281,000 Title Professionals Group
Fiduciary Deed $60,000 None Available
Interfamily Deed Transfer -- None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $275,910 Credit Line Revolving
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2025 02/26/25 Sold $281,000 -6.3% $97 / Sq Ft
01/25/2025 01/25/25 Pending -- -- --
01/25/2025 01/25/25 For Sale $299,900 0.0% $103 / Sq Ft
11/29/2024 11/29/24 For Sale $299,900 +399.8% $103 / Sq Ft
10/27/2017 10/27/17 Sold $60,000 +0.2% $28 / Sq Ft View Prior Sale
09/27/2017 09/27/17 Pending -- -- --
09/18/2017 09/18/17 Price Changed $59,900 -7.8% $28 / Sq Ft
08/14/2017 08/14/17 Price Changed $65,000 -18.6% $30 / Sq Ft
05/30/2017 05/30/17 For Sale $79,900 -- $37 / 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
2024 -- $45,390 $15,100 $30,290
2023 $2,521 $24,490 $12,580 $11,910
2022 $1,432 $24,490 $12,580 $11,910
2021 $1,428 $24,490 $12,580 $11,910
2020 $4,329 $20,410 $10,480 $9,930
2019 $8,793 $20,410 $10,480 $9,930
2018 $5,456 $41,870 $10,080 $31,790
2017 $2,848 $41,870 $10,080 $31,790
2016 $2,656 $42,290 $10,500 $31,790
2015 $2,436 $42,290 $10,500 $31,790
2014 $2,496 $42,290 $10,500 $31,790
2013 $2,341 $42,290 $10,500 $31,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5087628

MLS Now

APN: 02-A-004-B-00-012