NOT LISTED FOR SALE

616 S Park Ave Unit 618 Fremont, OH 43420

Estimated Value: $72,872 - $128,000

6 Beds
4 Baths
2,896 Sq Ft
$33/Sq Ft Est. Value

Last Sold January 15, 2016

Last sale price $38,500 $13 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $595/month

269 Days on Market

Highlights

  • Forced Air Heating System
  • Rectangular Lot
  • Wood Siding
  • 2 Car Garage

About This Home

As of January 2016

Income producing duplex...$1075/mth income. Tenants pay gas, elec, water/sewer. Landlord pays for trash. One furnace replaced in appr 2014. Some newer carpeting. Unit 618 has garage access, upstairs windows replaced, patio and laundry in bsmt. Unit 616 has new furnace in 2014, carpeting replaced appr 3 yrs ago & laundry on main flr. All appls belong to tenants. Deposits to be transferred at close.

Last Agent to Sell the Property

Jamie Ritchie

Wendt Key Team Realty Ltd License #2014003257 Listed on: 04/24/2015

Last Buyer's Agent

NORIS Member NON

NON MLS MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,064

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 59x135
  • Rectangular Lot
  • Paved or Partially Paved Lot

Home Design

  • Duplex
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 6 Bedrooms
  • 2,896 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Electric Dryer Hookup

Parking

  • 2 Car Garage
  • Driveway

Schools

  • Hayes Elementary School
  • Fremont Ross High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • 2 Leased Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, grounds care, sewer, water
  • The owner pays for taxes, trash collection
  • Assessor Parcel Number 34-50-00-2164-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,064

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Lot Size Acres: 0.18
  • Lot Size: 59x135
  • Inclusions: ,,
  • Subdivision Name: None
  • Garage Yn: Yes
  • Unit Levels: Two
  • Structure Type: Duplex
  • Property Sub Type Additional: Multi Family
  • Special Features: None

Interior Features

  • Stories: 2
  • Number Of Buildings: 1
  • Owner Pays: Taxes, Trash Collection
  • Has Basement: Full
  • Basement YN: Yes
  • Total Bedrooms: 6
  • Interior Amenities: Electric Range Connection
  • Living Area: 2896.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Lot Features: Paved, Rectangular Lot
  • Disclosures: Lead Based Paint Disclosure, Seller Disclosure
  • Construction Type: Wood Siding
  • Foundation Details: Basement

Garage/Parking

  • Parking Features: Driveway, Garage, Gravel, Other
  • Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Sanitary
  • Appliances: Gas Water Heater
  • Cooling: None
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Water Source: Public

Schools

  • Junior High Dist: Fremont

Lot Info

  • Parcel #: 34-50-00-2164-00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care, Sewer, Water

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Leased: 2
  • Total Actual Rent: 1100.0

MLS Schools

  • Elementary School: Hayes
  • HighSchool: Fremont Ross

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2015
Closed on
Jan 15, 2016
Sold by
Lawrence Frederick J and Lawrence Nancy C
Bought by
Drown Patrick J
Seller's Agent
Jamie Ritchie
Wendt Key Team Realty Ltd
Buyer's Agent
NORIS Member NON
NON MLS MEMBER
List Price
$44,900
Sold Price
$38,500
Premium/Discount to List
-$6,400
-14.25%
Current Estimated Value
$95,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,968
Avg. Annual Appreciation
9.76%
Original Mortgage
$28,875
Outstanding Balance
$1,156
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$94,312

Purchase Details

Closed on
Jun 1, 1984
Sold by
Lawrence Frederick J
Bought by
Drown Patrick J

Purchase Details

Closed on
Oct 1, 1983
Bought by
Drown Patrick J
Source: Public Records

Range of Values:

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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
Drown Patrick J $38,500 First American
Drown Patrick J $44,500 --
Drown Patrick J $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drown Patrick J $28,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2016 01/15/16 Sold $38,500 -14.3% $13 / Sq Ft
01/15/2016 01/15/16 Pending -- -- --
04/21/2015 04/21/15 For Sale $44,900 -- $16 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

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 $1,064 $28,220 $8,720 $19,500
2023 $1,064 $22,400 $6,930 $15,470
2022 $959 $22,400 $6,930 $15,470
2021 $916 $22,400 $6,930 $15,470
2020 $700 $16,870 $6,930 $9,940
2019 $699 $16,870 $6,930 $9,940
2018 $701 $16,870 $6,930 $9,940
2017 $683 $16,380 $6,930 $9,450
2016 $821 $33,530 $6,930 $26,600
2015 $1,209 $33,530 $6,930 $26,600
2014 $1,308 $34,590 $6,970 $27,620
2013 $2,147 $34,590 $6,970 $27,620
Source: Public Records

Agents Affiliated with this Home

  • Jamie Ritchie

    Seller's Agent in 2016

    Jamie Ritchie

    Wendt Key Team Realty Ltd

    (419) 559-9590

    71 in this area

    164 Total Sales

    Jamie Ritchie
    Section Image

  • N

    Buyer's Agent in 2016

    NORIS Member NON

    NON MLS MEMBER

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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 5086847

Northwest Ohio Real Estate Information Service (NORIS)

APN: 34-50-00-2164-00

Ohio Sandusky County Fremont 43420

616 S Park Ave Unit 618, Fremont, OH

This home is located at 616 S Park Ave Unit 618, Fremont, OH 43420 since 24 April 2015 and is currently estimated at $95,468, approximately $32 per square foot. This property was built in 1900. 616 S Park Ave Unit 618 is a home located in Sandusky County with nearby schools including Fremont Ross High School, Bishop Hoffman Catholic School - This is St Joe's School now, and St. Joseph School.

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