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Property profile & analytics
OFF-MARKET
Estimated value
$355,000
Apartment buildings
1847 Middlesbrough Ct Maumee, OH 43537-2271
Entity Owned
17-yr Hold
Property ID
US66-0247296
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1971
Total area
13,201 SF
Lot
0.89 ac (38,586 SF)
Zoning code
16-R3
APN
36-80931
UPID
US66-0247296
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$355k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$355k
Owner & transaction history
Ramirez Real Estate Group LLC · 17 yrs held
Ramirez Real Estate Group LLC
since 2009
7 recorded transactions
Zoning & alternative use
16-R3 · Maumee, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning Division | Maumee, OH
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Maumee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Maumee submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$355,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$355k
Range $320k – $391k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$27 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$20,540
Tax year 2023
Assessed value
$190,610
Assessed 2023
Previous assessed
$190,610
+0.0% YoY
Effective rate
10.78%
On assessed value
Assessed land
$24,570
Assessed improvement
$166,040
Land market value
$70,200
Improvement market value
$474,400
Total market value
$544,600
Applied tax rate
36.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1971
Heating
NONE
Stories
2
Units
12
Total area
13,201 SF
Lot
0.89 ac (38,586 SF)
Zoning code
16-R3
APN
36-80931
UPID
US66-0247296
Jurisdiction
LUCAS
Zoning & alternative use
16-R3 · Maumee, OHZoning 16-R3 · permitted uses
16-R3 · Maumee, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Division | Maumee, OH
Building & site characteristics
From public records
Year built
1971
Heating
NONE
Stories
2
Units
12
Lot
0.89 ac
Current owner
From public records · entity-resolved
Ramirez Real Estate Group LLC
Entity
Mailing address
PO BOX 129, BOWLING GREEN, OH 43402-0129
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2021
—
Downtown Toledo Ventures Ltd
—
Deed
related
$5,350,000 · Premier Bank
Sep 16, 2016
—
Cornerstone Church INC
—
Deed
related
$9,325,525 · Fifth Third Bk
Apr 16, 2013
—
Destiny Ents LLC
—
Deed Of Trust
related
$4,900,000 · Fifth Third Bank
Jul 23, 2009
—
Ramirez Real Estate Group LLC
Port Lawrence Title & Trust
Grant Deed
—
—
—
Ramirez Real Estate Group LLC
—
Deed Of Trust
related
$344,321 · Fifth Third Bank
—
—
Ramirez Real Estate Group LLC
—
Deed Of Trust
related
$344,321 · Fifth Third Bank
—
—
Cornerstone Church INC
—
Deed Of Trust
related
$9,325,525 · Fifth Third Bk
—
—
Port Lawrence Title & Trust Co
—
Deed Of Trust
related
$356,250 · Fifth Third Bank Ne Ohio
—
—
Port Lawrence Title & Trust Co
—
Deed Of Trust
related
$118,750 · Fifth Third Bank Ne Ohio
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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