NOT LISTED FOR SALE

Somerset, OH 43783

Estimated Value: $259,052

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

Last Sold February 06, 2013

Last sale price $115,000

Est. 125% increase in value since last sale

Current estimated payment $1,572/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 Listed By

Vickie Esworthy

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

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
  • 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%
Total Days on Market
198
Current Estimated Value
$259,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,052
Avg. Annual Appreciation
7.00%
Original Mortgage
$95,000
Outstanding Balance
$67,525
Interest Rate
3.32%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$196,019

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

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
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 Change Sq Ft Price
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

Homes for Sale in Somerset, OH

This home since 18 July 2012 and is currently priced at $259,052. This property was built in 1930. This home is a home located in Perry County with nearby schools including Sheridan High School and Holy Trinity Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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