NOT LISTED FOR SALE

707 W Vine St Mount Vernon, OH 43050

Estimated Value: $164,000 - $198,000

3 Beds
2 Baths
1,814 Sq Ft
$97/Sq Ft Est. Value

Last Sold August 24, 2020

Last sale price $93,500 $52 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,072/month

226 Days on Market

About This Home

As of August 2020

2 HOMES-1 Parcel: Great 3 BR family home with new roof and mother-in-law cottage. What a bargain for 2 homes! Well built older home with recently completed new roof, front porch, large rooms and main floor laundry. Cottage features 1 BR/ 1BA and located on alley. Located close to downtown. Good rental income. Buy this home and rent the second to pay your mortgage!

Last Agent to Sell the Property

Jennifer Farmer

Town & Country Realty & Auct. License #2005002458 Listed on: 11/14/2019

Last Buyer's Agent

Jennifer Farmer

Town & Country Realty & Auct. License #2005002458 Listed on: 11/14/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,040

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • 1,814 Sq Ft Home
  • Duplex
  • Frame Construction
  • Vinyl Siding

Parking

  • On-Street Parking
  • Off-Street Parking: 1

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 66-06625.000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Water Sewer Expense $1,920
  • Operating Expense $10,080
  • Gross Income $13,200
  • Net Operating Income $1,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,040

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2018
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.1
  • Total Gross Income: 13200.0
  • Co List Office Phone: 740-427-2000
  • MLS Status: Closed
  • Income Expenses Gross Income: 13200.0
  • Annual Expenses: 10080.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 1814.0
  • General Property Info # of Buildings: 2.0
  • Owner Pays Sewer3: Yes
  • Owner Pays Water4: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes
  • Construction:Vinyl Siding2: Yes

Garage/Parking

  • Parking Features On Street2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Heating: Forced Air
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Heating:Forced Air: Yes

Fee Information

  • Annual Water Sewer Expense: 1920.0

Schools

  • Junior High Dist: MT VERNON CSD 4205 KNO CO.

Lot Info

  • Parcel Number: 66-06625.000
  • Lot Size Sq Ft: 4356.0

Rental Info

  • Owner Pays: Sewer, Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 1920.0
  • Annual Operating Expense: 10080.0

Tax Info

  • Tax Annual Amount: 1040.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2019
Closed on
Aug 24, 2020
Sold by
Williams Nick
Bought by
Cline Richard C
Seller's Agent
Jennifer Farmer
Town & Country Realty & Auct.
Buyer's Agent
Jennifer Farmer
Town & Country Realty & Auct.
List Price
$99,000
Sold Price
$93,500
Premium/Discount to List
-$5,500
-5.56%
Current Estimated Value
$177,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,957
Avg. Annual Appreciation
11.83%
Original Mortgage
$88,825
Outstanding Balance
$79,675
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$83,112

Purchase Details

Closed on
Feb 23, 2018
Sold by
Williams Nick
Bought by
Williams Nick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.4%

Purchase Details

Closed on
Feb 9, 2018
Sold by
Williams Irene J Trustee
Bought by
Williams Nick and Williams Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.4%

Purchase Details

Closed on
Jan 13, 1992
Sold by
Williams Gene and Williams Irene
Bought by
Williams Irene J Trustee
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
Cline Richard C $93,500 None Available
Williams Nick -- --
Williams Nick -- --
Williams Irene J Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cline Richard C $88,825
Previous Owner Williams Nicholas E $25,000
Previous Owner Williams Nick --
Previous Owner Williams Nick --
Previous Owner Williams Irene J $244,962
Previous Owner Williams Irene J $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2020 08/24/20 Sold $93,500 -5.6% $52 / Sq Ft
06/27/2020 06/27/20 Pending -- -- --
11/14/2019 11/14/19 For Sale $99,000 -- $55 / 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 $1,213 $30,640 $2,740 $27,900
2023 $1,213 $30,640 $2,740 $27,900
2022 $1,160 $26,640 $2,380 $24,260
2021 $1,160 $26,640 $2,380 $24,260
2020 $1,130 $26,640 $2,380 $24,260
2019 $1,038 $22,800 $2,830 $19,970
2018 $1,040 $22,800 $2,830 $19,970
2017 $1,074 $22,800 $2,830 $19,970
2016 $1,096 $21,110 $2,620 $18,490
2015 $953 $21,110 $2,620 $18,490
2014 $958 $21,110 $2,620 $18,490
2013 $1,049 $20,910 $2,680 $18,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219042773

Columbus and Central Ohio Regional MLS

APN: 66-06625.000