NOT LISTED FOR SALE

Caledonia, OH 43314

Estimated Value: $142,745

Studio
-- Bath
-- Sq Ft
4,356 Sq Ft Lot

Last Sold April 06, 2021

Last sale price $98,000

Est. 46% increase in value since last sale

Current estimated payment $911/month

176 Days on Market

About This Home

As of April 2021

Great Opportunity for a business or cash flow! Large Store front on main floor was used as a grocery store at one time and a repair shop. Has central air conditioning, updated bath and kitchenette and washer/dryer hookup. Upstairs has (1) two bedroom apartment and (1) one bedroom apartment renting at $700 per month each. Each apartment has washer/dryer hookup and appliances.
Rubber roof over main building was new in 2014. Windows have been replaced in the 2nd floor.

Last Agent to Sell the Property

Patti Jackson

RE/MAX Genesis License #2003015042 Listed on: 10/13/2020

RE/MAX Genesis

Last Buyer's Agent

Stacey McCreedy

Howard Hanna Real Estate Svcs

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,044

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Mixed Use
  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Available

Listing and Financial Details

  • The owner pays for electricity, gas, sewer, trash collection, water
  • Assessor Parcel Number 05-0050002.500

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $3,000
  • Gross Income $16,800
  • Net Operating Income $13,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,044

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2019
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.1
  • Total Gross Income: 16800.0
  • Co List Office Phone: 419-946-3800
  • MLS Status: Closed
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 16800.0
  • Annual Expenses: 3000.0
  • Heat Fuel Gas4: Yes
  • Owner Pays Electric5: Yes
  • Owner Pays Gas6: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: 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
  • 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 On Street2: Yes

Utilities

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

Schools

  • Junior High Dist: RIVER VALLEY LSD 5105 MAR CO.

Lot Info

  • Parcel Number: 05-0050002.500
  • Lot Size Sq Ft: 4356.0

Rental Info

  • Owner Pays: Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 13800.0
  • Annual Operating Expense: 3000.0

Tax Info

  • Tax Annual Amount: 2044.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2020
Closed on
Apr 6, 2021
Sold by
Stossel Joseph A and Stossel Anna M
Bought by
Linehan Daniel
Seller's Agent
Patti Jackson
RE/MAX Genesis
Buyer's Agent
Stacey McCreedy
Howard Hanna Real Estate Svcs
List Price
$99,998
Sold Price
$98,000
Premium/Discount to List
-$1,998
-2%
Current Estimated Value
$142,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,745
Avg. Annual Appreciation
8.13%
Original Mortgage
$80,000
Outstanding Balance
$66,088
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$76,657

Purchase Details

Closed on
Dec 27, 2016
Sold by
Gaumer Rolly E
Bought by
Stossel Joseph A and Stossel Anna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,100
Interest Rate
4.08%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 24, 2008
Sold by
Gaumer Melissa K
Bought by
Gaumer Rolly E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,867
Interest Rate
6.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 15, 2002
Bought by
Gaumer Rolly E

Purchase Details

Closed on
Apr 17, 1997
Bought by
Gaumer Rolly E
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Linehan Daniel $98,000 None Available
Stossel Joseph A -- None Available
Gaumer Rolly E -- None Available
Gaumer Rolly E $48,000 --
Gaumer Rolly E $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Linehan Daniel $80,000
Previous Owner Stossel Joseph A $65,100
Previous Owner Gaumer Rolly E $48,867
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2021 04/06/21 Sold $98,000 -2.0% --
10/12/2020 10/12/20 For Sale $99,998 -- --
Source: Columbus and Central Ohio Regional MLS

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 $2,032 $31,790 $2,410 $29,380
2023 $2,032 $31,790 $2,410 $29,380
2022 $2,014 $31,790 $2,410 $29,380
2021 $2,026 $31,790 $2,410 $29,380
2020 $2,049 $31,790 $2,410 $29,380
2019 $2,044 $31,790 $2,410 $29,380
2018 $560 $8,810 $2,280 $6,530
2017 $564 $8,810 $2,280 $6,530
2016 $564 $8,810 $2,280 $6,530
2015 $566 $8,810 $2,280 $6,530
2014 $716 $8,810 $2,280 $6,530
2012 $541 $8,540 $1,610 $6,930
Source: Public Records

Agents Affiliated with this Home

  • Patti Jackson

    Seller's Agent in 2021

    Patti Jackson

    RE/MAX

    (419) 560-1494

    289 Total Sales

    Patti Jackson
    Section Image

  • S

    Buyer's Agent in 2021

    Stacey McCreedy

    Howard Hanna Real Estate Svcs

    Section Image
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Source: Columbus and Central Ohio Regional MLS

MLS Number: 220036116

Columbus and Central Ohio Regional MLS

APN: 05-0050002.500

Ohio Marion County Caledonia

43314

Not Listed for Sale

MultiFamily

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