ATTRACTIVE 4 BEDROOM 1 BATHROOM IN DAYTON, OHIO SOLD in November 1999 for $53,000 TAX Value $17,262 Excellent opportunity to own for less than rent or… Excellent investment as strong rental property with great cash flow potential!! PLEASE READ THE ENTIRE LISTING BEFORE PLACING YOUR OFFER About Dayton, Ohio The city of Dayton, Ohio is a municipal corporation under the laws of the State of Ohio. Dayton, Ohio is known as the birthplace of aviation because it was once home to Wilbur and Orville Wright, the inventors of powered flight. With a population of 166,000, Dayton is also the home of research, industrial, and aerospace businesses that have resulted in a number of technical innovations over the years. Dayton is known as the Gem City, and its surrounding metropolitan area includes communities like Vandalia, Trotwood, Kettering, Centerville, and Beavercreek. It is located just north of Cincinnati in the Miami Valley. The city has much to offer, including sports facilities, shopping, restaurants, spacious parks, a busy downtown district, a thriving arts community, and many historical sites. Dayton is nicknamed the “gem city.” Dayton, the #2 spot nationwide for the arts, is the home of the National Museum if US Air force, Orville Wright, poet Paul Laurence Dunbar and entrepreneur John H Pattern founder of NCR. In 2010, Dayton was named the best place for college graduates to find a job. Dayton is the research and development hub for industrial aeronautical and astronautical engineering. It is the hot spot for health care housing the Center for Tissue Regeneration and Engineering and the National Center for Medical Readiness. Dayton area hospitals employ over 32,000 people. It is also home to the largest IT cluster in the US. Dayton Stats: 61st largest city in the USA and 4th largest in Ohio Area: 56.63 square miles of land and 0.85 miles of water Climate: hot muggy summers (74.7⁰ F) and cold dry winters (26.6⁰ F) with an average annual temperature of 51.7⁰ F MEDIAN Household Buying Income per family in 2010 (census): $62,400 DOWNTOWN Revitalization Project: the city of Dayton is spending more than $500 million to rejuvenate the downtown corridor. Employers are flocking back to Dayton. Largest Employers: • Dayton Area Hospitals – Kettering Health Network, Premier Health Partners • University of Dayton • Wright State University • Sinclair Community College • Reynolds and Reynolds • Standard Register • Coming in late 2014 “Racino” EDUCATION: Dayton has 3 universities and the largest community college in the USA RESTAURANTS: There are hundreds of restaurants in the Dayton area. This number includes everything from fine dining to fast food outlets, motel and hotel establishments. CHURCHES: The metro Dayton area has over 560 churches DOWN PAYMENT ASSISTANCE PROGRAM The Possibilities Through the Neighborhood Lending Down Payment Assistance Program, CityWide helps Dayton’s low and moderate-income families realize their dreams of home ownership by offering assistance with the down payment and closing costs. The Benefits CityWide’s Neighborhood Lending Program provides… • Direct assistance to help homebuyers who wish to invest in a home as a straight purchase or purchase for rehabilitation. • Neighborhood stability and vitality through home ownership and repair of all code violations. The Facts Maximum Assistance: For families at or below 80% median income adjusted for family size, the program provides maximum assistance of 10% of the purchase price up to $15,000 on existing homes and 10% of the purchase price up to $20,000 on new construction anywhere within the City of Dayton limits. or, For families above 80% median income adjusted for family size, the program provides 10% down payment assistance up to $15,000 on existing homes and 10% of the purchase price up to $20,000 on new construction, for purchases only within the designated Community Development Areas in the City of Dayton. Eligibility: • One- or two-unit structures are eligible. • The property must be a principle residence. • The property must be vacant or owner-occupied. • All violations of city codes must be repaired either prior to purchase or within six months of closing-except painting, which must be done before closing. For more information, visit daytonohio.gov NEIGHBORHOOD DESCRIPTION County: Montgomery Neighborhood Zip: 45406 High School: Thurgood Marshall High HOME DESCRIPTION 2011 Litchfield Ave Dayton OH 45465 Nice older single family home Great for a handyman Needs some repairs Can move in or rent out with a little work Fenced yard Year Built: 1951 4 total bedrooms 1 total full bath Sqft: 1,248 Lot size: 5,602sqft # of stories: 2 Total rooms: 7 Parcel #: R72 16213 0082 Legal description: 71188 & PT VAC ALLEY Interior Features • Vinyl tile and hardwood floors • Full basement • Roof type – shingles Exterior Features • Carport • Exterior construction: wood siding Link to the Montgomery County Tax Information 2013 Tax Assessor value: $23,290 Sold: January 1994 $44,700 2013 Property Tax: $1,262 mcrealestate.org/Search/GenericSearch.aspx?mode=ADDRESS VALUE ESTIMATES Tax Assessor value: $23,290 mctreas.org/master.cfm?parid=R72%2016213%200082&taxyr=2013&own1=E%26H%20PROPERTY%20INVESTMENTs Zillow value $34,157 zillow/homedetails/2011-Litchfield-Ave-Dayton-OH-45406/35122427_zpid/ Trulia value $35,956 trulia/homes/Ohio/Dayton/sold/1644386-2011-Litchfield-Ave-Dayton-OH-45406 Homes recently sold in the same neighborhood Properties Youll Like Address: 1731 Tennyson Ave Dayton, OH 45406 Sold Price: $58,000 Beds: 3 Baths: 1 Sq.Ft: 1, 856 Sold Date: 07/28/2014 Distance: 0.08 Address: 2835 Otterbein Ave Dayton, OH 45406 Sold Price: $78, 900 Beds: 4 Baths: 2 Sq.Ft: 2, 456 Sold Date: 04/06/2014 Distance: 0.13 TERMS OF SALE ***PLEASE READ THE TERMS CAREFULLY!*** THIS PROPERTY IS BEING OFFERED QUIT CLAIM DEED HERE ARE THE TERMS… • Sale Price is $32,000 as is. • Credit cards are accepted through PayPal. • If you wanted to get into real estate without huge renovations or qualifying for bank loans then this is your chance. • Title insurance is available • We will pay for all the closing costs • There are NO liens or back taxes owed CLOSING PROCESS Successful Buyer MUST CONTACT ME WITHIN 24 HOURS OF NOTIFICATION OF OFFER ACCEPTANCE 1) You send complete earnest money deposit by certified bank check to Trinital Solutions Inc. within 48 hours of notification of offer acceptance. (PayPal payments accepted) 2) I send you the purchase agreement to review and sign 3) You send me the purchase agreement signed and notarized along with your full name (any other name you wish to have the deed recorded), address, email address and phone numbers 4) All financing and closing documents are emailed or mailed to local closing attorney/title company to be signed by you 5) The deed and security instrument gets recorded in your name at the county office I will pay for all closing costs. That’s it, simple as that. You are now an investor/home owner! MORE IMPORTANT INFORMATION Please reply only if you intend to buy and if you have down payment funds available!! We encourage you to look at our home before placing an offer and do your own due diligence. Please note: the property will continue to be marketed until both Buyer and Seller have signed the Purchase Contract and the complete down payment is received and buyer has met all qualifications. The property is also being marketed by other methods at the same time as the ad. Seller, Keen Investment Holdings, LLC (o/o by Trinital Solutions Inc.) reserves the right to withdraw the sale of this property at any time for any reason. Information presented in the listing has been obtained from Public Record, Treasurer’s Office, Realtors, Appraisers, Inspectors and Inspection Reports. The information is believed to be accurate, but not guaranteed. Please rely on your own due diligence! Keen Investment Holdings, LLC & its officers, employees and/or affiliates did not take up residence in subject property nor have we ever physically visited or seen the property and has no knowledge of hidden or latent defects. All information stated is based upon their information. There is no existing mortgage on the property. Buyers and/or potential buyers hereby acknowledge that any reliance upon any statements contained on this website shall be at your sole risk. Seller reserves the right, in its sole discretion and without any obligation, to make improvements to, additions, deletions or correct any error or omission in any portions of the statements contained on this website. We are not however responsible for any errors or omissions. I welcome any and all questions. Please ask prior to bidding. Serious bidders only! Please DO NOT bid if you don’t intend to buy. By placing an offer on this property, you are agreeing to all terms and conditions in this listing. This property is move in ready but is being sold as is, where is, with NO guarantees whatsoever. It is the responsibility of the buyer to do any and all inspections BEFORE THE OFFER ENDS! I have tried to describe this property the best I can, but if you still have questions or would like to go look at the house, you can call me at any time by calling 801-738-1857. Place your offer with confidence now before it’s too late and good luck! Thank you Maria
Posted on: Wed, 22 Oct 2014 02:19:57 +0000
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