See Home Value
Troy 45373
1245 W Main Troy Oh
$396,614*
Land - Off Market

1245 W Main Troy Oh

Troy, OH 45373
bedrooms
Studio
bathrooms
0 Bath
square feet
868 Sqft
$324,000 - $396,000
Reference Base Price*
10.17%
Since Jan 1, 2022
National-US
Primary Model
Sold Dec 08, 2021
$235,000
$188,000 by Greenville Federal
Mortgage
Sold Nov 01, 1988
$125,000

About This Property

Two homes on almost 3 1/2 acres --1245 & 1251 West Main Street, Troy located just 2 blocks west of the new Kettering Hospital. The north boundary is on Trade Square. Seller will convey FIVE lots, the largest of which (2.41 acres) is zoned R-7 for multi family use, providing a GREAT OPPORTUNITY for development/investment for a large multi-family complex. Both homes are modest and currently rented. The three lots on the north end bordering Trade Square would require a bridge/culvert for easiest access.
Unit Size
868Ft²
Days on Market
-
Land Size
2.42 acres
Price per sqft
$415
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1920

Price History

Date / Event Date Event Price
Dec 15, 2021 No longer available -
No longer available
Dec 8, 2021 Sold $235,000
Sold
Oct 16, 2021 In contract -
In contract
May 7, 2020 Relisted $360,000
Relisted
Mar 30, 2020 In contract -
In contract
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D+
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 868
  • Garage Type: Detached
  • Garage Square Area: 572
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 105,241
  • Lot Size Depth Feet: 1,540
  • Lot Size Frontage Feet: 600
  • Total Building Area: 868
  • Building Area: 868
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Yes
  • Heated Square Feet: 868
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 2.416
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: IN LOT 10319

Ownership

  • Current Owner : TRIAM PROPERTIES LLC
  • Previous Owner : TRAFALGAR CORPORATION
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Troy City School District
  • School Tax School District: TROY CSD
  • Census Tract: 365002

Geography

  • Parcel: D08-059155
  • Lot: 10319
  • Municipality: TROY CITY
  • Latitude: 40.048
  • Longitude: -84.222

    Address

  • Full Address: 1245 W Main St
  • Address - House Number: 1245
  • Street Direction: W
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: OH
  • City Name: Troy
  • Carrier Code: C019
  • 4-Digit Zip Code: 2505
  • Zip Code: 45373

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,492
  • Tax Rate Code Area: D08

    Appraisal Valuation

  • Standard Deviation: 0.2063
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 72
  • Final Value: 164,324
  • High Value: 198,236
  • Low Value: 130,412

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $188,000
  • First Open Lien Mortgage Lender: GREENVILLE FEDERAL
  • First Open Lien Mortgage Recording Date: Dec 08, 2021
  • First Open Lien Mortgage Loan Amount: $188,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan

    Market Valuation

  • Market Total Value: $112,800
  • Market Land Value: $60,800
  • Market Improvement Value: $52,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $39,480
  • Assessed Land Value: $21,280
  • Assessed Improvements Value: $18,200

    Sales

  • Current Sale Contract Date: Dec 07, 2021
  • Current Sale Recording Date: Dec 08, 2021
  • Current Sale Transaction ID: 11916506176
  • Current Sale Price: $235,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21274
  • Previous Sale Recording Date: Nov 01, 1988
  • Previous Sale Contract Date: Nov 01, 1988
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GREENVILLE FEDERAL
  • First Mortgage Transaction Date: Dec 08, 2021
  • First Mortgage Loan Amount: $188,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
2,290 ft²
$131/ft²
$299,900 Jun 21, 2022
-
$55/mo
Commercial
Loft
-
4,400 ft²
$76/ft²
$333,000 Apr 26, 2022
-
$185/mo

About Troy


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Nearby Rentals



Frequently Asked Questions

When was property at 1245 West Main Street built and last sold?
The property at 1245 West Main Street was built in 1920 and last sold on Dec 7, 2021 for $235,000.
How much is this home worth?
The estimated value of the home located at 1245 West Main Street is $363,600.
What are some comparable homes to 1245 West Main Street?
There are currently no comparable homes to 1245 West Main Street.

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