NOT LISTED FOR SALE

650 Bailey Dr Unit 652 Mansfield, OH 44904

Estimated Value: $191,000 - $230,221

4 Beds
2 Baths
1,752 Sq Ft
$119/Sq Ft Est. Value

Sale Details

Date Sold: March 17, 2014

Last sale price $58,000 $33 Per Sq Ft

Est. 261% increase in value since last sale

Current estimated payment $1,315 / mo

16 Days on Market

Highlights

  • 84.7 Acre Lot
  • Dining Room
  • Garage
  • Cathedral Ceiling
  • Baseboard Heating
  • 5-minute walk to Fox Glen Park

About This Home

As of March 2014

Priced to sell and a great opportunity for either investors or first time home buyers. This single-story, 2-unit double has both a great location and good cash flow. The roof will need to be replaced and the price has been set to account for the replacement. Each side has 2 bedrooms, 1 bathroom and an attached garage. The property is located just off Middle-Bellville Rd. in the Lexington School District and only minutes from I-71. The rental income should generate good cash flow for an investor, or if you are a home buyer, use the rent from the other side to help cover the mortgage payment.

Last Agent to Sell the Property

Rick Lewis

Haring Realty, Inc. License #2012002925 Listed on: 01/27/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 84.7

Home Design

  • Duplex
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 4 Bedrooms
  • 1-Story Property
  • Cathedral Ceiling
  • Paddle Fans
  • Dining Room
  • Wall to Wall Carpet
  • Crawl Space

Kitchen

  • Oven
  • Dishwasher

Parking

  • Garage
  • Open Parking

Utilities

  • No Cooling
  • Baseboard Heating

Additional Features

  • 84.7 Acre Lot
  • City Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 056 92 173 10 000

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

84.7 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 84.7
  • Lot Size: 84.7 x 129.24 .2537 AC
  • Road Surface Type: Paved
  • Directions: Middle Bellville Rd. to east on Bailey Dr.
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Structure Type: Onsite Built, Duplex S/S
  • Year Built: 1970
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Oven, Refrigerator
  • Has Basement: Crawl Space
  • Total Bedrooms: 4
  • Flooring: Wall/Wall Carpet
  • Interior Amenities: Cathedral Ceiling(s), Paddle Fans, Dining Room, Main Level Primary Bedroom

Exterior Features

  • Lot Features: City Lot
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Wood Siding

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Asphalt, Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: Lexington Local Schools

Lot Info

  • Lot Size Sq Ft: 3689532
  • Farm Land Area Units: Square Feet
  • Parcel #: 056 92 173 10 000
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

  • Number Of Units Total: 2

Tax Info

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2023
Sold by
Kc Real Estate Rental Llc
Bought by
Dream Huge Realty Llc
Current Estimated Value
$209,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,500
Outstanding Balance
$107,693
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$101,612

Purchase Details

Closed on
Jun 18, 2020
Sold by
Stimens Kurt and The Kurt Stimens Revocable Liv
Bought by
K C Real Estate Rental Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 27, 2014
Closed on
Mar 17, 2014
Sold by
Kms Enterprises Group Llc
Bought by
Stimens Kurt and The Kurt Stimens Revocable Living Trust
Seller's Agent
Rick Lewis
Haring Realty, Inc.
List Price
$72,900
Sold Price
$58,000
Premium/Discount to List
-$14,900
-20.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.16%

Purchase Details

Closed on
Apr 10, 2012
Sold by
3Rd Day Llc
Bought by
Kms Enterprises Group Llc

Purchase Details

Closed on
Jul 16, 2010
Sold by
Sharrock Michael S and Sharrock Kathleen M
Bought by
3Rd Day Llc

Purchase Details

Closed on
Nov 28, 2001
Sold by
Shaw Barbara J
Bought by
Sharrock Michael S and Sharrock Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,500
Interest Rate
6.64%
Mortgage Type
New Conventional
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

Date Buyer Sale Price Title Company
Dream Huge Realty Llc $146,750 Great American Title
K C Real Estate Rental Llc $100,000 Barristers Title Group
Stimens Kurt $58,000 Chicago Title
Kms Enterprises Group Llc -- Attorney
3Rd Day Llc -- Attorney
Sharrock Michael S $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dream Huge Realty Llc $117,500
Previous Owner K C Real Estate Rental Llc $80,000
Previous Owner Sharrock Michael S $81,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2014 03/17/14 Sold $58,000 -20.4% $33 / Sq Ft
02/15/2014 02/15/14 Pending -- -- --
01/29/2014 01/29/14 For Sale $72,900 -- $42 / Sq Ft
Source: Mansfield Association of REALTORS®

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 $2,554 $51,050 $13,980 $37,070
2024 $2,554 $51,050 $13,980 $37,070
2023 $2,554 $51,050 $13,980 $37,070
2022 $2,007 $34,560 $10,560 $24,000
2021 $2,014 $34,560 $10,560 $24,000
2020 $2,016 $34,560 $10,560 $24,000
2019 $1,853 $29,290 $8,950 $20,340
2018 $1,583 $29,290 $8,950 $20,340
2017 $1,337 $29,290 $8,950 $20,340
2016 $1,108 $20,310 $8,950 $11,360
2015 $1,107 $20,310 $8,950 $11,360
2014 $1,018 $20,310 $8,950 $11,360
2012 $1,713 $33,300 $8,950 $24,350
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Rick Lewis

    Haring Realty, Inc.

    (419) 571-6996

    44 Total Sales

    Rick Lewis
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Map

Source: Mansfield Association of REALTORS®

MLS Number: 9025396

Mansfield Association of REALTORS®

APN: 056-92-173-10-000

Ohio Richland County Mansfield 44904

650 Bailey Dr Unit 652, Mansfield, OH

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Mansfield Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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