NOT LISTED FOR SALE

702 Wayne St Sandusky, OH 44870

-- Bed
-- Bath
-- Sq Ft
8,185 Sq Ft

Last Sold August 16, 2022

Last sale price $279,900

133 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 4-minute walk to Huron Park

About This Home

As of August 2022

6 UNIT, ZONED LOCAL BUSINESS. (Appraisal performed on this property July 15th put an "as is" value at $310,000. Will forward the appraisal opinion letter to interested parties) On beautiful historic Wayne St. Just blocks from downtown Sandusky's bars, restaurants, shops, Sandusky Bay, marinas, and Sandusky State Theater. All 6 units over the past recent years have been updated. 5 - 2 Bedrooms & 1 - 1 Bedroom. Tenants pay electric, owner pays, gas, water, garbage and electric for common areas. 2 coin operated Washers and 2 Dryers generates 160 per month. Parking. Boiler heat covers all but 2 units and unit #6 and #7 have their own gas forced air.

Last Agent to Sell the Property

Jeff Smith

BHHS Professional Realty License #2016001649 Listed on: 03/25/2022

BHHS Professional Realty

Co-Listed By

Default zSystem

zSystem Default

Last Buyer's Agent

Mary Giles

North Bay Realty, LLC License #2020002240

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,821

Year Built

  • Built in 1930

Lot Details

  • 8,185 Sq Ft Lot
  • Lot Dimensions are 66 x 124

Parking

  • Off-Street Parking

Home Design

  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partial Basement

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 5704901.000

Community Details

Overview

  • 6 Units

Building Details

  • Gross Income $43,960
  • Net Operating Income $27,636

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,821

Year Built

Built in 1930

Lot Details

8,185 Sq Ft Lot

Listing Details

  • PropertySubType: Multi Family
  • PropertyType: Residential Income
  • Lot Size Acres: 0.1879
  • Total Gross Income: 43960
  • MLS Status: Sold
  • Carport Y N: No
  • Unit Levels: Two
  • Year Built: 1930
  • Tax Year: 2022
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial

Exterior Features

  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Wood Siding
  • Foundation Details: Basement

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Off Street

Utilities

  • Cooling Y N: No
  • Heating: Natural Gas, Forced Air, Hot Water
  • HeatingYN: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
  • Water Source: Public

Schools

  • Junior High Dist: Sandusky

Lot Info

  • Lot Dimensions: 66 x 124
  • Lot Size Sq Ft: 8184.924
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 5704901.000
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 6
  • Net Operating Income: 27636

Tax Info

  • Tax Annual Amount: 2821.06
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2022 08/16/22 Sold $279,900 -6.7% --
08/05/2022 08/05/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $299,900 -- --
Source: Firelands 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
2024 $5,334 $92,522 $3,720 $88,802
2023 $5,346 $88,168 $3,307 $84,861
2022 $6,370 $88,168 $3,307 $84,861
2021 $2,821 $38,770 $3,310 $35,460
2020 $2,559 $35,860 $3,310 $32,550
2019 $2,608 $35,860 $3,310 $32,550
2018 $3,021 $35,860 $3,310 $32,550
2017 $3,169 $36,930 $3,310 $33,620
2016 $3,179 $36,930 $3,310 $33,620
2015 $3,008 $36,930 $3,310 $33,620
2014 $3,341 $41,130 $3,690 $37,440
2013 $3,350 $41,130 $3,690 $37,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Firelands Association of REALTORS®

MLS Number: 20220979

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