Friday, July 29, 2005

Neighborhood Property gets Shamed

Oh the humility!

Here is a picture of one of our neighborhood's problem properties. This is 55 Margaret Street Dayton, OH 45410. The owner of this property purchased it in 2003 for $14,100 at a sheriff sale and has done little to the property since. He has outstanding code violations on the property. At least 6 of them for the exterior. Some of the compliance dates are January 2004. He has not done anything to fix the problems other than secure the property by boarding it up and cut the grass. This morning at 11:30 AM the City of Dayton slapped this sign up in an effort to shame the owner into making repairs to the house.

This reads
Michael H. Frantz
10179 Cherry Tree Trace
Centerville, OH 45458

I was the first person to call him to congratulate him on achieving such an honor. Only three other properties in the entire city wear this merit badge! I was impressed that he returned my call so quickly. Mr. Frantz owns other property in the area but does not have the resources to fix this one up profitably. This one is completely gutted and will require a complete renovation. He did mention that he got his last ticket from the city regarding this house while he was in Florida for a month. He obviously has the resources to take a trip to a vacation state but no resources to improve the property values of this neighborhood. Mr. Frantz is willing to entertain offers for the house. His address and phone number is on the sign so it is posted above. Of course you can call him and tell him how disgusted you are that he is willing to blight Margaret Street with this house. If you are interested in the house there is an outstanding real estate tax bill of approximately $3470.

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