NOT LISTED FOR SALE

Somerset, OH 43783

Estimated Value: $272,805

Studio
-- Bath
-- Sq Ft
5,663 Sq Ft Lot

Last Sold February 06, 2013

Last sale price $115,000

Est. 137% increase in value since last sale

Current estimated payment $1,551/month

198 Days on Market

Highlights

  • Window Unit Cooling System
  • Forced Air Heating System
  • 10 Car Garage

About This Home

As of February 2013

Historic Vintage Downtown Somerset Store front currently remodeled to be 4 unit - garage in rear currently used as a gym. Great cash flow- priced to sell quick! New roof and remodeled up stairs July 2012. 2 up 2 down. Unique and desirable Apt A & B Utilities paid by owner Apt C & D paid by tenant, water & trash by owner, garage utilities paid by tenant. Owner relocating out of state.

Last Agent to Sell the Property

Vickie Esworthy

RE/MAX Consultant Group License #410909 Listed on: 07/18/2012

Last Buyer's Agent

Courtney McConaha

Keller Williams Greater Cols

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,542

Year Built

  • Built in 1930

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 10 Car Garage

Home Design

  • Brick Exterior Construction
  • Frame Construction

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for electricity, gas, sewer, trash collection, water
  • Assessor Parcel Number 320003210000

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $1,248
  • Fuel Expense $360
  • Insurance Expense $1,500
  • Maintenance Expense $2,000
  • Water Sewer Expense $1,920
  • Operating Expense $8,992
  • Gross Income $26,700
  • Net Operating Income $17,708

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,542

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1930
  • Tax Year: 2010
  • Lot Size Acres: 0.13
  • Total Gross Income: 26700.0
  • Co List Office Phone: 740-587-0141
  • MLS Status: Closed
  • Income Expenses Gross Income: 26700.0
  • Annual Expenses: 8992.0
  • Heat Fuel Gas4: Yes
  • Construction Block3: Yes
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Owner Pays Electric5: Yes
  • Owner Pays Gas6: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Miscellaneous Garages: 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:Frame: Yes
  • Construction:Brick2: Yes

Garage/Parking

  • Total Parking Spaces: 10.0

Utilities

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

Fee Information

  • Annual Fuel Expense: 360.0
  • Annual Water Sewer Expense: 1920.0

Schools

  • Junior High Dist: NORTHERN LSD 6403 PER CO.

Lot Info

  • Parcel Number: 320003210000
  • Lot Size Sq Ft: 5662.8
  • Zoning Description: Com

Rental Info

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

Multi Family

  • Monthly Rent (Other): 300.0
  • Number Of Units Total: 5
  • Electric Expense: 1248.0
  • Insurance Expense: 1500.0
  • Maintenance Expense: 2000.0
  • Net Operating Income: 17708.0
  • Annual Operating Expense: 8992.0

Tax Info

  • Tax Annual Amount: 1542.32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2012
Closed on
Feb 4, 2013
Sold by
Wayden Ltd
Bought by
Smith Crystal G
Seller's Agent
Vickie Esworthy
RE/MAX Consultant Group
Buyer's Agent
Courtney McConaha
Keller Williams Greater Cols
List Price
$129,900
Sold Price
$115,000
Premium/Discount to List
-$14,900
-11.47%
Current Estimated Value
$272,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,805
Avg. Annual Appreciation
6.88%
Original Mortgage
$95,000
Outstanding Balance
$66,133
Interest Rate
3.32%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$206,672

Purchase Details

Closed on
Jan 18, 2008
Sold by
Jones Martin L and Jones Amber J
Bought by
Wayden Ltd

Purchase Details

Closed on
May 31, 2007
Sold by
Graham Jack D and Graham Yvonne G
Bought by
Jones Martin L and Jones Amber J
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Smith Crystal G $115,000 None Available
Wayden Ltd -- None Available
Jones Martin L $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Crystal G $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2013 02/06/13 Sold $115,000 -11.5% --
01/07/2013 01/07/13 Pending -- -- --
07/17/2012 07/17/12 For Sale $129,900 -- --
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 $1,620 $25,010 $3,880 $21,130
2023 $1,609 $25,010 $3,880 $21,130
2022 $2,660 $39,410 $3,670 $35,740
2021 $2,465 $39,410 $3,670 $35,740
2020 $2,447 $39,410 $3,670 $35,740
2019 $2,366 $39,380 $3,640 $35,740
2018 $2,375 $39,380 $3,640 $35,740
2017 $2,277 $39,380 $3,640 $35,740
2016 $2,276 $39,100 $2,730 $36,370
2015 $2,262 $39,100 $2,730 $36,370
2014 $2,234 $39,100 $2,730 $36,370
2013 $2,282 $39,100 $2,730 $36,370
2012 -- $39,100 $2,730 $36,370
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2013

    Vickie Esworthy

    RE/MAX

    (740) 366-1900

    5 Total Sales

    Vickie Esworthy
    Section Image

  • C

    Buyer's Agent in 2013

    Courtney McConaha

    Keller Williams Greater Cols

See All Agents

Source: Columbus and Central Ohio Regional MLS

MLS Number: 212024461

Columbus and Central Ohio Regional MLS

APN: 320003210000

Ohio Perry County Somerset

43783

Not Listed for Sale

MultiFamily

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