See Home Value
$51,482*
House - Off Market

1001 Reid

Bucyrus, OH 44820
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1000 Sqft
$40,000 - $50,000
Reference Base Price*
17.00%
Since Jul 1, 2021
National-US
Primary Model
Sold Jun 06, 2004
Transfer
$100,000 by First Federal Community Bank
Mortgage Due Mar 04, 2054
Sold Sep 04, 2002
$55,000

About This Property

*$100,000 Price Reduction*THIS PROPERTY IS PART OF PACKAGE OFFERING INCLUDING 25 UNIT MULTI FAMILY PORTFOLIO WITH TOTAL LIST PRICE OF $1,400,000. *THIS PROPERTY IS NOT AVAILABLE FOR INDIVIDUAL PURCHASE* Incredible Portfolio for Sale. Tenants in place. Many units have been updated. Properties are offered at a 10%+ Cap rate as they currently sit. Properties included are: 511 Maple, 721 Park, 417 Woodbine, 114 Dale, 818 Main 3A - 5B - 3B, 213 Maplewood, 112 Washington, and 326 Elizabeth, All In Willard. Shelby Properties are 100 Broadway and 100 1/2 Broadway. Bucyrus Properties are 1001 Reid and 210 Highland.  Plymouth Properties are 25 East Main and 33 East Main.

The manager has listed the unit size as 1000 square feet.
Unit Size
1,000Ft²
Days on Market
-
Land Size
-
Price per sqft
$44
Property Type
House
Property Taxes
$1,434
HOA Dues
-
Year Built
1920

Price History

Date / Event Date Event Price
Jun 25, 2021 No longer available -
No longer available
Apr 28, 2021 Price Decreased $44,000
↓ $6K (12%)
Price Decreased
Apr 6, 2021 Listed $50,000
Listed
Sep 4, 2002 Sold to Meadows Enterprises Sun $55,000
Sold to Meadows Enterprises Sun

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 2
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Construction Type: Frame
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,460
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 440
  • Total Building Area: 648
  • Building Area: 648
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 648
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.125
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: 44.03 X 123-1/2 2037 BK 1046PG 1483PB PG

Ownership

  • Current Owner : PINNACLE PROPERTIES & DE
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: May 22, 2023

Neighborhood

  • School District Name: Bucyrus City School District
  • School Tax School District: BUCYRUS
  • Census Tract: 974400

Geography

  • District: 08
  • Parcel: 08-0015298.000
  • Lot: 888
  • Municipality: BUCYRUS CITY
  • Latitude: 40.8089
  • Longitude: -82.9626

    Address

  • Full Address: 1001 Reid St
  • Address - House Number: 1001
  • Address - Street Name: Reid
  • Address - Suffix Type: St
  • State: OH
  • City Name: Bucyrus
  • Carrier Code: C003
  • 4-Digit Zip Code: 1950
  • Zip Code: 44820

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $739
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: BUCYRUS CI

    Appraisal Valuation

  • Standard Deviation: 0.1633
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 45
  • Final Value: 61,356
  • High Value: 84,128
  • Low Value: 38,583

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $940,000
  • First Open Lien Mortgage Lender: FIRST FEDERAL COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Mar 04, 2024
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 04, 2054
  • Second Open Lien Mortgage Lender: FIRST FEDERAL COMMUNITY BANK
  • Second Open Lien Mortgage Recording Date: Aug 26, 2021
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $840,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Interest Rate Type: Y
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Loan Due Date: Aug 26, 2051

    Market Valuation

  • Market Total Value: $39,400
  • Market Land Value: $8,000
  • Market Improvement Value: $31,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $13,790
  • Assessed Land Value: $2,800
  • Assessed Improvements Value: $10,990

    Sales

  • Current Sale Contract Date: Jun 06, 2004
  • Current Sale Recording Date: Jun 06, 2004
  • Current Sale Transaction ID: 1659855249
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Sep 04, 2002
  • Previous Sale Contract Date: Sep 04, 2002
  • Previous Sale Amount: $55,000
  • Previous Sale Document Type: Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
1,003 ft²
$50/ft²
$49,900 Dec 14, 2022
-
$20/mo

About Bucyrus


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Frequently Asked Questions

When was property at 1001 Reid Street built and last sold?
The property at 1001 Reid Street was built in 1920 and last sold on Jun 6, 2004 for $0.
How much is this home worth?
The estimated value of the home located at 1001 Reid Street is $50,176.
What are some comparable homes to 1001 Reid Street?
There are currently no comparable homes to 1001 Reid Street.

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