NOT LISTED FOR SALE

Ontario, OH 44906

Estimated Value: $283,175

-- Bed
-- Bath
3,296 Sq Ft
$86/Sq Ft Est. Value

Last Sold March 28, 2025

Last sale price $284,900 $86 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,725/month

10 Days on Market

Highlights

  • 0.51 Acre Lot
  • Central Air
  • Heating System Uses Gas

About This Home

As of March 2025

This incredible mixed-use property offers a prime investment opportunity with steady revenue and immediate cash flow. Situated on a half-acre lot in high-visibility area, this property boasts 3300 square feet of versatile space and adequate parking. Property is fully leased with three-year contracts on the 2 commercial units, and the upstairs apartment is fully updated, and is currently an owner-occupied space, complete with an updated kitchen, modern appliances, new flooring, fresh paint. This property combines residential and commercial zoning. The stable revenue streams, location, and long-term leases make it an excellent choice for those seeking to secure a profitable and low-maintenance investment.

Last Agent to Sell the Property

Kelli Chinn

Sluss Realty Company License #2020001301 Listed on: 01/31/2025

Last Buyer's Agent

NON MEMBER

NON MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,834

Year Built

  • Built in 1970

Lot Details

  • 0.51 Acre Lot

Parking

  • Off-Street Parking: 2

Home Design

  • 3,296 Sq Ft Home
  • Mixed Use

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • 3 Units
  • Gross Income $2,500

Listing and Financial Details

  • Assessor Parcel Number 027-03-132-06-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,834

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1970
  • Tax Year: 2023
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.51
  • Total Gross Income: 2500.0
  • Co List Office Phone: 419-529-3047
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 86.44
  • Remarks Misc Hot Sheet Comments: new
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 2500.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 3296.0
  • Heat Fuel Electric4: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Possible Use: Commercial

Garage/Parking

  • General Property Info Off Street Parking Spaces2: 2.0

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer

Schools

  • Junior High Dist: MANSFIELD CSD 7006 RIC CO.

Lot Info

  • Parcel Number: 027-03-132-06-000
  • Lot Size Sq Ft: 22215.6

Multi Family

  • Monthly Rent (Other): 2500.0
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2834.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2025
Closed on
Mar 28, 2025
Sold by
Hatfield Eric and Marraffa Brian
Bought by
Jg Capital Partners
Seller's Agent
Kelli Chinn
Sluss Realty Company
Buyer's Agent
NON MEMBER
NON MEMBER OFFICE
List Price
$284,900
Sold Price
$284,900
Views
31
Current Estimated Value
$283,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,725
Avg. Annual Appreciation
-0.83%
Original Mortgage
$227,920
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2024
Sold by
Fournier Richard and Hatfield Eric
Bought by
Hatfield Eric and Marraffa Brian

Purchase Details

Closed on
Sep 1, 2023
Sold by
Fournier Richard and Fournier Eric
Bought by
Fournier Richard and Hatfield Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.81%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 29, 2022
Sold by
Fournier Richard
Bought by
Fournier Richard and Marraffa Brian

Purchase Details

Closed on
Aug 16, 2022
Sold by
Ortolf Randal G
Bought by
Fournier Richard

Purchase Details

Closed on
Oct 30, 2018
Sold by
Stemple Denise L
Bought by
Ortolf Charma R

Purchase Details

Closed on
Apr 20, 2017
Sold by
Estate Of Dale R Ortolf
Bought by
Stemple Denise L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jg Capital Partners $284,750 Great American Title
Jg Capital Partners $284,750 Great American Title
Hatfield Eric -- None Listed On Document
Fournier Richard $40,000 Great American Title
Fournier Richard $125 --
Fournier Richard $125 Great American Title
Ortolf Charma R $40,000 Chicago Title
Stemple Denise L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jg Capital Partners $227,920
Previous Owner Fournier Richard $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2025 03/28/25 Sold $284,900 0.0% $86 / Sq Ft
02/10/2025 02/10/25 Pending -- -- --
01/31/2025 01/31/25 For Sale $284,900 -- $86 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

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 $2,846 $40,050 $17,140 $22,910
2023 $2,846 $40,050 $17,140 $22,910
2022 $2,250 $28,000 $15,580 $12,420
2021 $2,260 $28,000 $15,580 $12,420
2020 $2,294 $28,000 $15,580 $12,420
2019 $2,400 $28,000 $15,580 $12,420
2018 $2,389 $28,000 $15,580 $12,420
2017 $3,938 $47,480 $15,580 $31,900
2016 $3,892 $45,670 $15,580 $30,090
2015 $3,892 $17,070 $15,580 $1,490
2014 $1,382 $17,070 $15,580 $1,490
2012 $571 $17,070 $15,580 $1,490
Source: Public Records

Agents Affiliated with this Home

  • Kelli Chinn

    Seller's Agent in 2025

    Kelli Chinn

    Sluss Realty Company

    (614) 735-2035

    22 in this area

    34 Total Sales

    Kelli Chinn
    Section Image

  • N

    Buyer's Agent in 2025

    NON MEMBER

    NON MEMBER OFFICE

See All Agents

Source: Columbus and Central Ohio Regional MLS

MLS Number: 225003003

Columbus and Central Ohio Regional MLS

APN: 027-03-132-06-000

Ohio Richland County Ontario

44906

Not Listed for Sale

MultiFamily

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