NOT LISTED FOR SALE

Estimated Value: $160,000 - $184,000

4 Beds
2 Baths
2,144 Sq Ft
$82/Sq Ft Est. Value

Last Sold September 13, 2023

Last sale price $155,000 $72 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,173/month

112 Days on Market

About This Home

As of September 2023

Two-family home available in The West Boulevard neighborhood of Cleveland, near Brooklyn and Linndale. It is the perfect property for an owner-occupant looking to house-hack their way into being a real estate investor. The property has been well-maintained and all mechanicals are in good working condition: HWT 2014 + 2015, Furnaces 2011 + 2011. Vinyl windows. Great roof!! Property is management is in place and could be continued, making this a truly passive investment that could generate nearly $22K in GRI each year. This property could be purchased with others that make up a 27-property portfolio. Buy one, buy some, or buy them all! Property list is available upon request. Property has passed LEAD Safe inspection.

Last Agent to Sell the Property

Sophie Boehlen

Premier Heights Realty LLC License #2023005046 Listed on: 05/09/2023

Last Buyer's Agent

Diana Calderon Castro

Keller Williams Greater Metropolitan License #2021005326

Keller Williams Greater Metropolitan

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,442

Year Built

  • Built in 1928

Lot Details

  • 4,400

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,144 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 018-17-052

Community Details

Overview

  • 2 Units
  • Lorain Highlands Community

Amenities

  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,442

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 72.29
  • Estimated Price per Sq Ft: 72.29
  • Year Built Exception: Actual YBT
  • Total Sq Ft: 2144
  • Year Built: 1928
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Attribution Contact: (216) 839-5500 klrw297@kw.com
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1928

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Approx Above Grade Finished: 2144.00
  • Sq Ft Approx Total Finished: 2144.00

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

  • LaundryFeatures: None
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Lorain Highlands

Schools

  • School District: Cleveland Municipal

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 018-17-052

Rental Info

  • Owner Pays: Sewer, Water

Multi Family

  • Unit Count: 2
  • Num Of Buildings: 1
  • Number of Units: 2

Tax Info

  • Tax: 2442

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2023
Closed on
Sep 12, 2023
Sold by
Bonsai Holdings 2 Llc
Bought by
Gutierrez Estela Antonia and Gutierrez Carlos Salvador
Seller's Agent
Sophie Boehlen
Premier Heights Realty LLC
Buyer's Agent
Diana Calderon Castro
Keller Williams Greater Metropolitan
List Price
$176,000
Sold Price
$155,000
Premium/Discount to List
-$21,000
-11.93%
Views
68
Current Estimated Value
$175,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,078
Avg. Annual Appreciation
5.83%

Purchase Details

Closed on
Apr 5, 2022
Sold by
One Oak Capital Llc
Bought by
Bonsai Holdings 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$578,250
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2021
Sold by
Tate Piper L
Bought by
One Oak Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,709
Interest Rate
2.38%

Purchase Details

Closed on
Mar 17, 1998
Sold by
Stacho Thomas A and Stacho Tammy A
Bought by
Tate Piper L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,959
Interest Rate
7.23%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 23, 1992
Bought by
Stacho Thomas A

Purchase Details

Closed on
Apr 27, 1988
Sold by
Hugo Arthur J and Hugo Sharon
Bought by
Rasgaitis John

Purchase Details

Closed on
Jan 1, 1975
Bought by
Hugo Arthur J and Hugo Sharon
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gutierrez Estela Antonia $155,000 Titleco Title
Bonsai Holdings 2 Llc -- Titleco Title Agency
One Oak Capital Llc $67,000 Titleco Title Agency
Tate Piper L $80,000 --
Stacho Thomas A $67,000 --
Rasgaitis John $55,500 --
Hugo Arthur J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bonsai Holdings 2 Llc $578,250
Previous Owner One Oak Capital Llc $66,709
Previous Owner Tate Piper L $79,959
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2023 09/13/23 Sold $155,000 -11.9% $72 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/28/2023 08/28/23 For Sale $176,000 0.0% $82 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
08/21/2023 08/21/23 Price Changed $176,000 +3.6% $82 / Sq Ft
08/17/2023 08/17/23 Price Changed $169,900 -2.4% $79 / Sq Ft
06/14/2023 06/14/23 For Sale $174,000 0.0% $81 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $174,000 -- $81 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,019 $45,150 $8,750 $36,400
2023 $2,456 $31,680 $5,430 $26,250
2022 $2,442 $31,675 $5,425 $26,250
2021 $2,365 $31,680 $5,430 $26,250
2020 $2,105 $24,360 $4,170 $20,200
2019 $1,946 $69,600 $11,900 $57,700
2018 $1,946 $24,360 $4,170 $20,200
2017 $1,969 $23,880 $3,540 $20,340
2016 $1,954 $23,880 $3,540 $20,340
2015 $2,130 $23,880 $3,540 $20,340
2014 $2,130 $25,940 $3,850 $22,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4457840

MLS Now

APN: 018-17-052