NOT LISTED FOR SALE

85 W 2nd St Xenia, OH 45385

Estimated Value: $228,444

4 Beds
4 Baths
4,330 Sq Ft
$53/Sq Ft Est. Value

Last Sold January 17, 2024

Last sale price $208,900 $48 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,464/month

5 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • 4-minute walk to Old Town Reserve

About This Home

As of January 2024

4BD 4BA quadplex multifamily home in a historic district with approx. 4,330 sqft with a covered front porch and a separate main entrance with an office area. Each unit is approx. 889sq ft with 1 BD, 1 BA, kitchen, and living room/dining room area. The office area can be turned into an efficiency as a 5th unit, plumbing is already in place. Great investment opportunity, all 4 units are currently leased. Tenants would also like to stay as this is a cash flow positive property, but not mandatory. Conveniently located near Uptown Xenia with shopping, restaurants, and recreation. Updates: New roof, new drain plumbing, new flooring throughout, new cabinets/countertops and new bathrooms in each unit.

Last Listed By

Cedric Tolbert

Keller Williams Community Part Brokerage Phone: (937) 203-8180 License #2021004568 Listed on: 12/08/2023

Keller Williams Community Part

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,292

Year Built

  • 1900

Lot Details

  • 4,950 Sq Ft Lot
  • Lot Dimensions are 49x100x49x100

Parking

  • No Garage

Home Design

  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 4,330 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Partial Basement
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number M40000100090010900

Community Details

Overview

  • 4 Units
  • City/Xenia Subdivision

Building Details

  • Gross Income $33,900
  • Net Operating Income $26,624

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,292

Year Built

1900

Lot Details

0

Listing Details

  • Major Appliances: Range, Refrigerator
  • Cooling System: None
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Attribution Contact: (937) 203-8180
  • Lot Size Acres: 0.1136
  • Co List Office Phone: (937) 203-8180
  • MLS Status: Closed
  • Living Area: 4330.0
  • Master Plan Zoning: Historic,Multiple
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour

Interior Features

  • Basement: Partial, Unfinished
  • Property Type: Residential Income
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Aluminum Siding, Vinyl Siding
  • Exterior Features: Porch
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Heating: Forced Air, Natural Gas
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Xenia

Lot Info

  • Lot Dimensions: 49X100X49X100
  • Lot Size Sq Ft: 4950.0
  • Parcel Number: M40000100090010900
  • Zoning Description: Historic,Multiple

Multi Family

  • Annual Gross Income: 33900.0
  • Property Net Operating Income: 26624.0
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2023
Closed on
Jan 17, 2024
Sold by
Ckg Properties Llc
Bought by
5Srent Llc
Seller's Agent
Cedric Tolbert
Keller Williams Community Part
Buyer's Agent
Test Member
Test Office
List Price
$200,000
Sold Price
$208,900
Premium/Discount to List
$8,900
4.45%
Total Days on Market
5
Views
37
Current Estimated Value
$228,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,544
Avg. Annual Appreciation
7.54%
Original Mortgage
$167,120
Outstanding Balance
$162,427
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$67,680

Purchase Details

Listed on
Sep 18, 2022
Closed on
Dec 1, 2022
Sold by
Rec-Land Inc
Bought by
Ckg Properties Llc
Seller's Agent
Elizabeth Minda
McIlvaine Realty
Buyer's Agent
Cedric Tolbert
Keller Williams Community Part
List Price
$155,600
Sold Price
$125,000
Premium/Discount to List
-$30,600
-19.67%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.17%
Original Mortgage
$142,500
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2002
Sold by
Erd John E and Erd Betty L
Bought by
Rec Land Inc

Purchase Details

Closed on
Nov 17, 1999
Sold by
Estate Of Charles W Hill
Bought by
Hill Susan M

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
5Srent Llc $208,900 None Listed On Document
Ckg Properties Llc $125,000 --
Rec Land Inc -- --
Hill Susan M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5Srent Llc $167,120
Previous Owner Ckg Properties Llc $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2024 01/17/24 Sold $208,900 +4.5% $48 / Sq Ft
12/12/2023 12/12/23 Pending -- -- --
12/11/2023 12/11/23 For Sale $200,000 0.0% $46 / Sq Ft
12/09/2023 12/09/23 Pending -- -- --
12/07/2023 12/07/23 For Sale $200,000 +60.0% $46 / Sq Ft
12/05/2022 12/05/22 Sold $125,000 -19.7% --
10/05/2022 10/05/22 Pending -- -- --
09/18/2022 09/18/22 For Sale $155,600 -- --
Source: Dayton 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 $2,292 $45,240 $4,290 $40,950
2023 $2,292 $45,240 $4,290 $40,950
2022 $2,494 $41,910 $4,290 $37,620
2021 $3,266 $41,910 $4,290 $37,620
2020 $2,439 $41,910 $4,290 $37,620
2019 $2,513 $41,520 $3,860 $37,660
2018 $2,534 $41,520 $3,860 $37,660
2017 $2,481 $41,520 $3,860 $37,660
2016 $2,482 $40,310 $3,860 $36,450
2015 $2,490 $40,310 $3,860 $36,450
2014 $2,405 $40,310 $3,860 $36,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Dayton REALTORS®

MLS Number: 900036

Dayton REALTORS®

APN: M40-0001-0009-0-0109-00