NOT LISTED FOR SALE

7500 Parker Rd Castalia, OH 44824

Estimated Value: $274,141 - $342,000

6 Beds
5 Baths
2,848 Sq Ft
$106/Sq Ft Est. Value

Sale Details

Date Sold: June 29, 2022

Last sale price $225,000 $79 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,858 / mo

32 Days on Market

About This Home

As of June 2022

Income producing Triplex on over 1 acre of quiet rural property. Beautiful 30' x 60' barn, structurally renewed, new metal siding and roof in 2017. It also includes a loft that spans about 2/3 it's length and has one end sectioned off and rented by tenants. The home consists of two, 2 bed/1 bath, 1000 sqft, two story units. And, one 750 sqft 2 bed/1 bath one story unit. Additionally, there is a shared coin operated laundry located in the back of the property. All, units are currently occupied with month-to-month leases. Owner will provide all leases, and up to 3 years of tax documentation regarding income/expenses.Rents:Apt 1 is 665 including 50 for half of barn storage.Apt 2 is 625.Apt 3 is 675 including 50 for half of barn storage.

Last Agent to Sell the Property

Matthew Zytkowicz

Century 21 Transcendent Realty License #2018002986 Listed on: 05/27/2022

Co-Listed By

Default zSystem

zSystem Default

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,004

Year Built

  • Built in 1980

Lot Details

  • 1.2 Acre Lot

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,848 Sq Ft Home
  • 2-Story Property

Kitchen

  • Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • Direct Access Garage
  • Off-Street Parking

Utilities

  • No Cooling
  • Baseboard Heating
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 3301710000

Community Details

Overview

  • 3 Units
  • Margaretta Subdivision

Building Details

  • Operating Expense $4,900
  • Gross Income $24,780
  • Net Operating Income $17,876

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,004

Year Built

Built in 1980

Lot Details

1.2 Acres

Listing Details

  • PropertySubType: Multi Family
  • PropertyType: Residential Income
  • Lot Size Acres: 1.1978
  • NAV29_Unit_1_Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Total Gross Income: 24780
  • MLS Status: Sold
  • Subdivision Name: Margaretta
  • Directions: Between Billings & 269.
  • ResoBuildingAreaSource: Public Records
  • Carport Y N: No
  • Unit Levels: Two
  • Living Area: 2848
  • Year Built: 1980
  • Tax Year: 2021
  • Master Plan Zoning: R3
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Access from Unit, Off Street

Utilities

  • Cooling Y N: No
  • Heating: Electric, Baseboard
  • HeatingYN: Yes
  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Connected
  • Water Source: Public

Schools

  • Junior High Dist: Margaretta

Lot Info

  • Lot Size Sq Ft: 52176.168
  • ResoLotSizeUnits: Acres
  • Parcel Number: 3301710000

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 17876
  • Annual Operating Expense: 4900

Tax Info

  • Tax Annual Amount: 2004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Jul 30, 2022
Sold by
Obrien Stephanie D and Obrien Sean D
Bought by
S And S Obrien Properties Llc
Seller's Agent
Matthew Zytkowicz
Century 21 Transcendent Realty
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$303,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,035
Avg. Annual Appreciation
8.20%
Original Mortgage
$168,750
Outstanding Balance
$158,902
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$144,133

Purchase Details

Listed on
May 27, 2022
Closed on
Jun 29, 2022
Sold by
David Nathan J and David Jessica N
Bought by
Obrien Stephanie and Obrien Sean D
Seller's Agent
Matthew Zytkowicz
Century 21 Transcendent Realty
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Outstanding Balance
$158,902
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$144,133

Purchase Details

Listed on
Jul 3, 2015
Closed on
May 5, 2016
Sold by
Thom Ray A and Thom Shirley A
Bought by
David Nathan J and David Jessica N
Seller's Agent
Joy Berquist
BHHS Professional Realty
Buyer's Agent
Joy Berquist
BHHS Professional Realty
List Price
$154,900
Sold Price
$133,500
Premium/Discount to List
-$21,400
-13.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
Original Mortgage
$100,125
Interest Rate
3.71%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
S And S Obrien Properties Llc -- Law Office Of Paul M Koch Llc
Obrien Stephanie $225,000 None Listed On Document
David Nathan J $133,500 Fidelity National Title Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obrien Stephanie $168,750
Previous Owner David Nathan J $100,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2022 06/29/22 Sold $225,000 0.0% $79 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $225,000 +68.5% $79 / Sq Ft
05/09/2016 05/09/16 Sold $133,500 -13.8% $47 / Sq Ft View Prior Sale
04/05/2016 04/05/16 Pending -- -- --
07/03/2015 07/03/15 For Sale $154,900 -- $54 / Sq Ft
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
2025 $2,880 $73,251 $12,089 $61,162
2024 $2,880 $73,251 $12,089 $61,162
2023 $2,811 $74,735 $10,920 $63,815
2022 $3,284 $74,739 $10,920 $63,819
2021 $2,187 $50,200 $10,920 $39,280
2020 $2,004 $43,380 $10,920 $32,460
2019 $2,061 $43,380 $10,920 $32,460
2018 $2,167 $43,380 $10,920 $32,460
2017 $2,842 $58,210 $11,920 $46,290
2016 $2,812 $58,210 $11,920 $46,290
2015 $2,699 $56,860 $11,920 $44,940
2014 $2,784 $56,860 $11,920 $44,940
2013 $2,722 $56,860 $11,920 $44,940
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Matthew Zytkowicz

    Century 21 Transcendent Realty

    Section Image

  • D

    Seller Co-Listing Agent in 2022

    Default zSystem

    zSystem Default

  • Joy Berquist

    Seller's Agent in 2016

    Joy Berquist

    BHHS Professional Realty

    (419) 656-1029

    92 Total Sales

    Joy Berquist
    Section Image
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Map

Source: Firelands Association of REALTORS®

MLS Number: 20221722

APN: 33-01710-000

Ohio Erie County Castalia 44824

7500 Parker Rd, Castalia, OH

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