NOT LISTED FOR SALE

8532 Main St Rushville, OH 43150

6 Beds
6 Baths
2,727 Sq Ft
0.25 Acre Lot

Sale Details

Date Sold: March 29, 2019

Last sale price $189,000 $69 Per Sq Ft

19 Days on Market

About This Home

As of March 2019

This 6-unit apartment building is ready for your investment. There are two 2BR's, two 1BR's, & two efficiency apartments, tenant pays electric & rent, owner pays water/sewer/sanitation. 2017 totals = $20,000 profit for owner. There is a separate building next door currently used by tenants for laundry. Includes 2 coin-operated washers & 3 coin-operated dryers. Plenty of parking on & off street, all brick building & updates.

Last Agent to Sell the Property

Allan Anderson

Howard Hanna Real Estate Servc License #2006007358 Listed on: 01/25/2019

Last Buyer's Agent

Kristyn Paxton

HER, REALTORS

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,523

Year Built

  • Built in 1900

Lot Details

  • 10,890 Sq Ft Lot

Home Design

  • 2,727 Sq Ft Home
  • Brick Exterior Construction

Parking

  • 8 Parking Spaces
  • Common or Shared Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Well

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 03-20058-300

Community Details

Overview

  • 2 Buildings
  • 6 Units
  • Mid-Rise Community

Building Details

  • Operating Expense $7,838
  • Gross Income $34,380
  • Net Operating Income $26,534

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,523

Year Built

Built in 1900

Lot Details

0.25 Acres

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2017
  • Property Sub-Type: Midrise
  • Lot Size Acres: 0.25
  • Total Gross Income: 34380.0
  • Co List Office Phone: 740-689-9090
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 73.3
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 34380.0
  • Annual Expenses: 7838.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2727.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 2.0
  • Heat Fuel Electric4: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: 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
  • Water Source Well5: Yes
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features: Common
  • Total Parking Spaces: 8.0
  • Parking Features Common: Yes

Utilities

  • Heating: Forced Air, Oil
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available
  • Water Source: Well
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: FAIRFIELD UNION LSD 2304 FAI CO.

Lot Info

  • Parcel Number: 03-20058-300
  • Lot Size Sq Ft: 10890.0
  • Additional Parcels: No
  • Zoning Description: C-Apartments

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 6
  • Net Operating Income: 26534.0
  • Annual Operating Expense: 7838.0

Tax Info

  • Tax Annual Amount: 2523.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 8, 2016
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$189,000 America Land Title Agencu
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $315,000
Previous Owner $212,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/29/2019 03/29/19 Sold $189,000 -5.5% $69 / Sq Ft
02/13/2019 02/13/19 Pending -- -- --
01/25/2019 01/25/19 For Sale $199,900 -- $73 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,840 $65,580 $11,960 $53,620
2024 $4,072 $55,180 $6,110 $49,070
2023 $2,693 $55,180 $6,110 $49,070
2022 $2,672 $55,180 $6,110 $49,070
2021 $2,868 $55,180 $6,110 $49,070
2020 $2,851 $55,180 $6,110 $49,070
2019 $2,837 $55,180 $6,110 $49,070
2018 $2,676 $55,180 $6,110 $49,070
2017 $2,523 $56,140 $6,110 $50,030
2016 $2,515 $56,140 $6,110 $50,030
2015 $2,517 $56,140 $6,110 $50,030
2014 $2,337 $56,140 $6,110 $50,030
2013 $2,337 $56,140 $6,110 $50,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219002317

Columbus and Central Ohio Regional MLS

APN: 032-00583.00

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