NOT LISTED FOR SALE

85 Grove Ave Norwalk, OH 44857

Estimated Value: $170,000 - $222,000

4 Beds
2 Baths
1,716 Sq Ft
$114/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $112,000 $65 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,213/month

43 Days on Market

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • Outdoor Storage
  • Baseboard Heating
  • 1-Story Property

About This Home

As of April 2021

GREAT MONEY MAKERS! Vinyl sided ranch duplex w/approximately 1716 sq ft of total living space (858 sq ft each unit) built in 1991. Each unit has 2 bedrooms, living room, big kitchen with range and refrigerator, laundry area with washer & dryer hook-ups and full bathroom. Each unit has newer hot water tank, wall unit AC, 200 amp service, off street parking and 1/2 usage of the storage shed in the back yard. Additional features are newer roof in 2011, separate utilities, immediate possession and more. Attention investors purchaser this duplex plus a 2nd one at 76 Grove Ave (MLS #20210611) and a 3rd at 74 Grove Ave (MLS #20210612) and save!

Last Agent to Sell the Property

Jim Ashton

RE/MAX Quality Realty - Sandus License #407492 Listed on: 02/23/2021

RE/MAX Quality Realty - Sandus

Co-Listed By

Default zSystem

zSystem Default

Last Buyer's Agent

Joe Brown

Keller Williams Citywide License #2019001257

Keller Williams Citywide

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,729

Year Built

  • Built in 1991

Lot Details

  • 0.26

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Range

Parking

  • Paved Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Vented Exhaust Fan
  • Baseboard Heating
  • 200+ Amp Service
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • 0.26 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 330280050080100AND330280050070100

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $617
  • Gross Income $16,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,729

Year Built

Built in 1991

Lot Details

0

Listing Details

  • PropertySubType: Duplex
  • PropertyType: Residential Income
  • Lot Size Acres: 0.2615
  • NAV29_Unit_1_Appliances: Vented Exhaust Fan, Range, Refrigerator
  • Total Gross Income: 16620
  • MLS Status: Sold
  • Directions: Milan Ave (AKA 250) to Williams Ave (By Pizza Bros) go thru Republic after the stop sign and Grove Ave is the next street on the right before Parsons Street.
  • Carport Y N: No
  • Unit Levels: One
  • Year Built: 1991
  • Tax Year: 2020
  • Master Plan Zoning: 520 - Two Family Dwelling
  • Financial Info Electric: 200+ Amp Service, Circuit Breakers
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Crawl Space
  • Other Structures: Storage

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Assigned, Paved, Off Street

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Baseboard
  • HeatingYN: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Cable Connected
  • Water Source: Public

Schools

  • Junior High Dist: Norwalk

Lot Info

  • Lot Dimensions: 85 x 134 For Both Parcels Combined
  • Lot Size Sq Ft: 11390.94
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 330280050080100AND330280050070100
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 617

Tax Info

  • Tax Annual Amount: 1729.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2021
Closed on
Apr 9, 2021
Sold by
Shoebox Properties Llc
Bought by
Jem Property Endeavors Llc
Seller's Agent
Jim Ashton
RE/MAX Quality Realty - Sandus
Buyer's Agent
Joe Brown
Keller Williams Citywide
List Price
$129,900
Sold Price
$112,000
Premium/Discount to List
-$17,900
-13.78%
Current Estimated Value
$196,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,065
Avg. Annual Appreciation
13.07%

Purchase Details

Closed on
Jun 3, 2019
Sold by
Krebs Cale L and Krebs Jean M
Bought by
Shoebox Properties Llc

Purchase Details

Closed on
Mar 28, 2003
Bought by
Krebs Cale L and Krebs Jean M

Purchase Details

Closed on
Jun 8, 1987
Bought by
Kettel Raymond L
Source: Public Records

Range of Values:

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Average Value
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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
Jem Property Endeavors Llc $336,000 First American Title
Shoebox Properties Llc -- Southern Title Of Ohio Ltd
Krebs Cale L $81,300 --
Kettel Raymond L $7,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2021 04/09/21 Sold $112,000 -13.8% $65 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $129,900 -- $76 / 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 $2,234 $53,760 $7,420 $46,340
2023 $2,234 $37,080 $5,920 $31,160
2022 $1,526 $37,080 $5,920 $31,160
2021 $1,527 $37,080 $5,920 $31,160
2020 $1,652 $38,180 $5,920 $32,260
2019 $1,617 $38,180 $5,920 $32,260
2018 $1,590 $38,180 $5,920 $32,260
2017 $1,662 $39,730 $5,920 $33,810
2016 $1,632 $39,730 $5,920 $33,810
2015 $1,704 $39,740 $5,920 $33,820
2014 $1,708 $39,490 $5,920 $33,570
2013 $1,427 $39,490 $5,920 $33,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Firelands Association of REALTORS®

MLS Number: 20210610

APN: 33-0280-05-008-0100