NOT LISTED FOR SALE

725 Meigs St Sandusky, OH 44870

Estimated Value: $122,000 - $169,000

4 Beds
2 Baths
1,772 Sq Ft
$78/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $85,000 $48 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $833/month

78 Days on Market

About This Home

As of October 2021

This duplex offers immediate income. The upstairs offers 1-2 bedrooms with 1 bath and rents for $525.00 each month. The lower unit offers 2-3 bedrooms with 1 bath and includes washer and dryer hookup. Both units are rented with longer term tenancy, month to month. Property includes two deeded parcels # 57-03982.000 & 57-04646.000. Water average for all units combined for 2020 is $110.00 Monthly. Tenant pays Heat and Electric. Owner pays trash, water and lawn care. Owner cuts lawn, back tenant cuts lawn inside the fenced area. Range's and Refrigerator's are included. Excluded: washer, dryer, microwaves ( these are tenant owned).

Last Agent to Sell the Property

Belinda Hoffman

EXP Realty, LLC License #2002006811 Listed on: 08/11/2021

EXP Realty, LLC

Co-Listed By

Default zSystem

zSystem Default

Last Buyer's Agent

Jennifer Hupp

Key Realty License #2008001192

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $905

Year Built

  • Built in 1909

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66 x 132

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,772 Sq Ft Home
  • 1.5-Story Property
  • Partial Basement
  • Range

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 5704646000

Community Details

Overview

  • 2 Units
  • Southwark Add Subdivision

Building Details

  • Gross Income $13,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$905

Year Built

Built in 1909

Lot Details

0

Parking

1

Listing Details

  • PropertySubType: Duplex
  • PropertyType: Residential Income
  • Lot Size Acres: 0.2
  • NAV29_Unit_1_Appliances: Range, Refrigerator
  • Total Gross Income: 13800
  • MLS Status: Sold
  • Subdivision Name: Southwark Add
  • ResoBuildingAreaSource: Public Records
  • Carport Y N: No
  • Unit Levels: One and One Half
  • Living Area: 1772
  • Year Built: 1909
  • Tax Year: 2020
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Attached Garage: Yes
  • Parking Features: Detached, Off Street
  • Total Parking Spaces: 1

Utilities

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

Lot Info

  • Lot Dimensions: 66 x 132
  • Lot Size Sq Ft: 8712
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 5704646000
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 905.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Sep 30, 2021
Sold by
Orman Sean M and Orman Koren M
Bought by
Bexley Star Holdings Llc
Seller's Agent
Belinda Hoffman
EXP Realty, LLC
Buyer's Agent
Jennifer Hupp
Key Realty
List Price
$87,000
Sold Price
$85,000
Premium/Discount to List
-$2,000
-2.3%
Current Estimated Value
$138,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,581
Avg. Annual Appreciation
12.37%
Original Mortgage
$68,000
Outstanding Balance
$62,197
Interest Rate
3.01%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$76,384

Purchase Details

Closed on
Apr 30, 2015
Sold by
Scheck Robert J and Scheck Diana L
Bought by
Orman Sean M and Orman Koren M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 1991
Bought by
Scheck Robert J and Scheck Diana L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bexley Star Holdings Llc $85,000 None Available
Orman Sean M $40,000 Fidelity National Title Co L
Scheck Robert J $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bexley Star Holdings Llc $68,000
Previous Owner Orman Sean M $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $85,000 -2.3% $48 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $87,000 -- $49 / Sq Ft
Source: Firelands Association of REALTORS®

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 $1,304 $33,106 $3,475 $29,631
2023 $1,304 $14,063 $2,716 $11,347
2022 $713 $14,063 $2,716 $11,347
2021 $720 $14,070 $2,720 $11,350
2020 $754 $13,540 $2,720 $10,820
2019 $775 $13,540 $2,720 $10,820
2018 $776 $13,540 $2,720 $10,820
2017 $1,005 $17,480 $2,820 $14,660
2016 $841 $14,640 $2,820 $11,820
2015 $953 $18,310 $2,820 $15,490
2014 $1,036 $20,030 $2,820 $17,210
2013 $232 $20,030 $2,820 $17,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Firelands Association of REALTORS®

MLS Number: 20213403

APN: 57-04646-000