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2303 Milan Road

2303 Milan Road, Sandusky, OH 44870
Property in Sandusky
Sold Nov 16, 2022
$875
$3,225,000 by Commercial Mortgage Llc
Mortgage Due Nov 01, 2032
2303 Milan Road in Sandusky, OH was first built in 1967 and is 57 years old. This has been categorized as a residential property type. There are a total of 2 floors. In total, the area measurement of the land is 24,089 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. As for heating, the home is utilizing a forced air unit. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2303 Milan Road was last sold in Nov 3, 2022 for $875. According to our calculations, that's $0.12 per sqft. Current property owners are expected to pay $2,908 in taxes per year. The property on 2303 Milan Road was last assessed in 2021. As a result of that assessment, the total value of the property was placed at $42,270. To break that down further, the land itself was valued at $9,680. While improvements to the property were assessed at a total of $32,590. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Bedroom Count: 0
  • Floor Count: 2
  • Living Units: 8
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 24,089
  • Total Building Area: 7,506
  • Gross Building Area: 7,506
  • Building Area: 7,506
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SEITZ AND STANG SUBDIVISION
  • Land Acres: 0.553
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: OL17 DAR SURV E OF CITY W SIDE MILAN RD

Ownership

  • Current Owner : KRE MONTICELLO LLC
  • Previous Owner : SC REALTY II LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sandusky City School District
  • School Tax School District: SANDUSKY SD
  • Census Tract: 041300

Geography

  • Assessors Map Reference: 396024
  • District: 57
  • Parcel: 57-03711-000
  • Lot: 266
  • Municipality: SANDUSKY CITY - WARD 2
  • Latitude: 41.4361
  • Longitude: -82.6934

    Address

  • Full Address: 2303 Milan Rd
  • Address - House Number: 2303
  • Address - Street Name: Milan
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: Sandusky
  • Carrier Code: C029
  • 4-Digit Zip Code: 4958
  • Zip Code: 44870

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,908

    Appraisal Valuation

  • Standard Deviation: 0.1247
  • Valuation Date: Jan 11, 2023
  • Confidence Score: 75
  • Final Value: 190,095
  • High Value: 213,805
  • Low Value: 166,384

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,225,000
  • First Open Lien Mortgage Lender: COMMERCIAL MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 28, 2022
  • First Open Lien Mortgage Loan Amount: $3,225,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2032

    Market Valuation

  • Market Total Value: $120,750
  • Market Land Value: $27,650
  • Market Improvement Value: $93,100

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $42,270
  • Assessed Land Value: $9,680
  • Assessed Improvements Value: $32,590

    Sales

  • Current Sale Contract Date: Nov 03, 2022
  • Current Sale Recording Date: Nov 16, 2022
  • Current Sale Transaction ID: 11898747723
  • Current Sale Price: $875
  • Current Sale Document Type: Correction Deed
  • Current Sale Input Document Number: 10512

About Sandusky



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Frequently Asked Questions

What neighborhood is 2303 Milan Road located in?
The 2303 Milan Road is a located in the neighborhood of Sandusky in Sandusky, Sandusky.
What is the average sales price for listings in 2303 Milan Road?
The average sales price for units in 2303 Milan Road is $0 currently.

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