NOT LISTED FOR SALE

934 W Washington St Unit 1-6 Sandusky, OH 44870

Estimated Value: $209,000 - $611,000

3 Beds
2 Baths
7,500 Sq Ft
$44/Sq Ft Est. Value

Last Sold July 18, 2022

Last sale price $634,000 $85 Per Sq Ft

Est. 48% decrease in value since last sale

Current estimated payment $1,936/month

55 Days on Market

Highlights

  • Brick or Stone Mason
  • Ceiling Fan
  • Heat Pump System
  • Central Air
  • Wood Siding
  • 5-minute walk to Sandusky Baseball Field Playground

About This Home

As of July 2022

Exceptional investment opportunity located in Sandusky just blocks from the lake. Building includesFive 3 Bd/2Ba and One 2Bd/2Ba apartments that include major appliances. Building was remodeled and designed to be condo's but the developers have chosen to maintain the units as investment rentals rather than to sell them individually . Building is luxury apartments with custom cabinets and fixtures. High ceilings, a secure entrance and elegant staircase lead to the second and third floors. Basement offers storage lockers and large room with many possibilities. Building operating at 100% occupancy with long term tenants. All utilities are separate and units include central air. Possibility of adding elevator if desired. Owner pays only common electric and trash. This property has been well maintained by the sellers.

Last Agent to Sell the Property

Peter Grant

Keller WIlliams Elevate License #2017003836 Listed on: 05/24/2022

Keller WIlliams Elevate

Co-Listed By

Default zSystem

zSystem Default

Last Buyer's Agent

Frank Corder

RE/MAX Quality Realty - Sandus License #2001006968

RE/MAX Quality Realty - Sandus

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,016

Year Built

  • Built in 2005

Lot Details

  • 5,545 Sq Ft Lot

Home Design

  • Split Level Home
  • Brick or Stone Mason
  • Wood Siding

Interior Spaces

  • 7,500 Sq Ft Home
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher
  • Disposal

Parking

  • Paved Parking
  • Open Parking
  • Off-Street Parking

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 590016.001590016.006

Community Details

Overview

  • 6 Units

Building Details

  • Gross Income $49,490
  • Net Operating Income $22,054

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,016

Year Built

Built in 2005

Lot Details

0

Listing Details

  • PropertySubType: Multi Family
  • PropertyType: Residential Income
  • Lot Size Acres: 0.1273
  • NAV29_Unit_1_Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Total Gross Income: 49490
  • MLS Status: Sold
  • Directions: Just West of downtown Sandusky on Washington Street.
  • ResoBuildingAreaSource: Public Records
  • Carport Y N: No
  • Interior Features: Ceiling Fan(s)
  • Unit Levels: Multi/Split
  • Living Area: 7500
  • Year Built: 2005
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Wood Siding
  • Foundation Details: Basement

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • HeatingYN: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Cable Connected
  • Water Source: Public

Schools

  • Junior High Dist: Sandusky

Lot Info

  • Lot Size Sq Ft: 5545.188
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 590016.001590016.006
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 6
  • Net Operating Income: 22054

Tax Info

  • Tax Annual Amount: 13016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2023
Sold by
Oak Bridge Holdings Llc
Bought by
Blake Jason Allan
Current Estimated Value
$329,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Outstanding Balance
$131,016
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$114,204

Purchase Details

Closed on
Apr 7, 2008
Sold by
Rocket Development Llc
Bought by
Rocket Development 2 Llc
Source: Public Records

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
Blake Jason Allan $127,500 Hartung Title
Rocket Development 2 Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blake Jason Allan $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2022 07/18/22 Sold $634,000 -2.3% $85 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $649,000 -- $87 / 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 $2,182 $56,458 $10,500 $45,958
2023 $2,182 $63,966 $5,250 $58,716
2022 $3,243 $63,966 $5,250 $58,716
2021 $2,258 $44,140 $5,250 $38,890
2020 $2,249 $40,400 $5,250 $35,150
2019 $2,312 $40,400 $5,250 $35,150
2018 $2,314 $40,400 $5,250 $35,150
2017 $2,214 $38,530 $5,250 $33,280
2016 $2,213 $38,530 $5,250 $33,280
2015 $2,032 $35,200 $5,250 $29,950
2014 $2,021 $35,200 $5,250 $29,950
2013 $2,003 $35,200 $5,250 $29,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Firelands Association of REALTORS®

MLS Number: 20221888

APN: 59-00116-003