NOT LISTED FOR SALE

634 Park Ave W Mansfield, OH 44906

Estimated Value: $124,414 - $145,000

4 Beds
2 Baths
1,571 Sq Ft
$87/Sq Ft Est. Value

Last Sold November 23, 2022

Last sale price $109,500 $70 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $811/month

13 Days on Market

About This Home

As of November 2022

Well maintained duplex with excellent occupancy rate. one bedroom on first floor, 2 bedrooms upstairs unit. Updated electrical,, and many other updates performed in 2018. Great investment opportunity. Agent is part owner in the property.

Last Agent to Sell the Property

Jeffrey Schultheis

I Heart Real Estate License #2021008674 Listed on: 10/21/2022

Last Buyer's Agent

Remington Lyman

Reafco License #2022001862

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,174

Year Built

  • Built in 1920

Lot Details

  • 0.3 Acre Lot

Home Design

  • 1,571 Sq Ft Home
  • Duplex

Listing and Financial Details

  • Assessor Parcel Number 027-03-146-04-000

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $6,696
  • Gross Income $21,000
  • Net Operating Income $14,304

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,174

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1920
  • Tax Year: 2021
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.3
  • Total Gross Income: 21000.0
  • Co List Office Phone: 614-989-0569
  • MLS Status: Closed
  • Income Expenses Gross Income: 21000.0
  • Annual Expenses: 6696.0
  • General Property Info Building Sq Ft: 1571.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Schools

  • Junior High Dist: MANSFIELD CSD 7006 RIC CO.

Lot Info

  • Parcel Number: 027-03-146-04-000
  • Lot Size Sq Ft: 13068.0

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 14304.0
  • Annual Operating Expense: 6696.0

Tax Info

  • Tax Annual Amount: 1174.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Nov 22, 2022
Sold by
Schultheis Alexander W
Bought by
Lauren And Daniel Paz Living Trust
Seller's Agent
Jeffrey Schultheis
I Heart Real Estate
Buyer's Agent
Remington Lyman
Reafco
List Price
$109,500
Sold Price
$109,500
Views
39
Current Estimated Value
$136,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,854
Avg. Annual Appreciation
7.77%
Original Mortgage
$82,500
Outstanding Balance
$71,940
Interest Rate
5.9%
Mortgage Type
New Conventional
Estimated Equity
$64,414

Purchase Details

Listed on
Aug 23, 2018
Closed on
Dec 20, 2018
Sold by
Top Flight Real Estate Llc
Bought by
Schultheis Alexander W and Schultheis Jeffrey W
List Price
$79,900
Sold Price
$73,900
Premium/Discount to List
-$6,000
-7.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.52%
Original Mortgage
$59,120
Interest Rate
5.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 18, 2014
Sold by
Bo Lacey Construction Llc and Lacey Kevin
Bought by
Top Flight Real Estate Llc

Purchase Details

Listed on
Aug 28, 2013
Closed on
Mar 6, 2014
Sold by
The Huntington National Bank
Bought by
Bo Lacey Construction Llc and Lacey Kevin
List Price
$48,900
Sold Price
$27,000
Premium/Discount to List
-$21,900
-44.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.93%

Purchase Details

Closed on
Jun 25, 2013
Sold by
Cleland Cindy J
Bought by
The Huntington National Bank

Purchase Details

Closed on
Sep 23, 2005
Sold by
David Trust Properties Llc
Bought by
Cleland Cindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 29, 2003
Sold by
Sharrock David R and Sharrock Doris A
Bought by
David Trust Properties Llc

Purchase Details

Closed on
Oct 15, 1992
Sold by
Frederick Larry A
Bought by
Sharrock David R

Purchase Details

Closed on
Aug 1, 1985
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Lauren And Daniel Paz Living Trust $110,000 --
Lauren And Daniel Paz Living Trust $110,000 None Listed On Document
Schultheis Alexander W $73,900 Chicago Title
Top Flight Real Estate Llc -- Attorney
Bo Lacey Construction Llc $27,000 None Available
The Huntington National Bank $14,000 Attorney
Cleland Cindy $133,000 Landsel Title Agency Inc
David Trust Properties Llc -- Acs Title
Sharrock David R $24,000 --
-- $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lauren And Daniel Paz Living Trust $82,500
Closed Lauren And Daniel Paz Living Trust $82,500
Previous Owner Schultheis Alexander W $59,120
Previous Owner Cleland Cindy $133,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/23/2022 11/23/22 Sold $109,500 0.0% $70 / Sq Ft
10/25/2022 10/25/22 Pending -- -- --
10/21/2022 10/21/22 For Sale $109,500 0.0% $70 / Sq Ft
10/13/2022 10/13/22 Pending -- -- --
10/12/2022 10/12/22 For Sale $109,500 0.0% $70 / Sq Ft
10/10/2022 10/10/22 Off Market $109,500 -- --
12/20/2018 12/20/18 Sold $73,900 -7.5% $47 / Sq Ft View Prior Sale
11/20/2018 11/20/18 Pending -- -- --
08/24/2018 08/24/18 For Sale $79,900 +195.9% $51 / Sq Ft
03/10/2014 03/10/14 Sold $27,000 -44.8% $17 / Sq Ft View Prior Sale
02/25/2014 02/25/14 Pending -- -- --
08/29/2013 08/29/13 For Sale $48,900 -- $31 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

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 $1,110 $23,180 $7,210 $15,970
2023 $1,110 $23,180 $7,210 $15,970
2022 $1,165 $20,400 $7,670 $12,730
2021 $1,174 $20,400 $7,670 $12,730
2020 $1,200 $20,400 $7,670 $12,730
2019 $1,330 $20,400 $7,670 $12,730
2018 $954 $14,820 $2,090 $12,730
2017 $990 $14,820 $2,090 $12,730
2016 $1,053 $16,300 $4,750 $11,550
2015 $1,053 $16,300 $4,750 $11,550
2014 $992 $16,300 $4,750 $11,550
2012 $389 $17,150 $4,990 $12,160
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Schultheis

    Seller's Agent in 2022

    Jeffrey Schultheis

    I Heart Real Estate

    (419) 295-6771

    34 in this area

    66 Total Sales

    Jeffrey Schultheis
    Section Image
  • Remington Lyman

    Buyer's Agent in 2022

    Remington Lyman

    Reafco

    (614) 541-8475

    1 in this area

    394 Total Sales

    Remington Lyman
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222037967

Columbus and Central Ohio Regional MLS

APN: 027-03-146-04-000

Ohio Richland County Mansfield 44906

634 Park Ave W, Mansfield, OH

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