Neighborhood Tour

Transcript Neighborhood Tour

Neighborhood Tour Presented by: Tammy Murphy, e-Pro REALTOR

Dayton Neighborhood Stabilization / Renovation / Future Growth

Presented by: Tammy Murphy, REALTOR Exit Realty Partners, 937-838-0997

• • Purchased May 01, 1993 for $89,435 Current Tax Assessed Value = $110,290 • • • Scheduled for Sheriff Sale on July 16, 2010 Sheriff Appraised Value = $54,000 Minimum Bid Acceptable = $36,000 • How do we provide VALUE to a Home Owner?

Presented by: Tammy Murphy, REALTOR Exit Realty Partners, 937-838-0997

• • • Current Home Owners MUST feel they have a reason to STAY in their own neighborhood There has to be PERCEIVED VALUE Give them “something” to maintain the property to the acceptable standards – Tax Incentives – Rebates – LOW INTEREST FUNDS available for repairs Presented by: Tammy Murphy, REALTOR Exit Realty Partners, 937-838-0997

Presented by: Tammy Murphy, REALTOR Exit Realty Partners, 937-838-0997

• 1,170 Properties • • • • • • • 26 In Current Foreclosure Stages 20 Bank-Owned Parcels (last 12 months) 44 Commercial-Type Properties 36 Public-Type Properties 101 Apartments 174 Duplex, Triplex, Quad 57 Vacant Land Parcels • • • • 752 Single Family Residence 523 Owner-Occupied 472 Absentee Owner (151 of those are out-of-state owners) 252 Company-Owned Presented by: Tammy Murphy, REALTOR Exit Realty Partners, 937-838-0997

• Currently there are 34 Single Family Homes Listed For Sale with a Realtor – – The minimum listing price is $8,400, with an Average of $34,956 There are an additional 11 multi-family units listed with a Realtor, minimum price $4,900 – This does not include For Sale By Owner • Recent Property Activity (through Realtors) – 1 Pending Sale – 47 Sold (within 6 mths), Minimum Sell Price $2,500, with an Average Sale Price of $15,489 • Compare with 2006/2007 – 179 Sold, Minimum Sell Price $4,900, with an Average Sale Price of $31,855 Presented by: Tammy Murphy, REALTOR Exit Realty Partners, 937-838-0997

• Additional Properties that are up for Sheriff Sale: – 7/23/2010 2009 CV 06119 148 SANTA CLARA AVENUE, DAYTON 45405 $18,000.00 $12,000.00 ACTIVE – 7/23/2010 2009 CV 07054 357 DELAWARE AVENUE, DAYTON 45405 $36,000.00 $24,000.00 ACTIVE – 7/23/2010 2009 CV 08868 822-824 FIVE OAKS AVENUE, DAYTON 45406 $9,000.00 $6,000.00 ACTIVE – 8/13/2010 2008 CV 09947 142 W NORMAN AVENUE, DAYTON 45405 $21,000.00 $14,000.00 ACTIVE Presented by: Tammy Murphy, REALTOR Exit Realty Partners, 937-838-0997