NOT LISTED FOR SALE
8 Beds
4 Baths
4,500 Sq Ft
7,000 Sq Ft Lot

Sale Details

Date Sold: July 20, 2020

Last sale price $57,500 $13 Per Sq Ft

7 Days on Market

Highlights

  • Medical Services
  • Community Playground
  • Shops
  • 0.16 Acre Lot
  • Park
  • Forced Air Heating System

About This Home

As of July 2020

Truly turnkey 4-unit cash flow machine, 100% occupied, generating $2075, under professional management. 2 separate houses, each with 2 units, a total of four 2-bedroom apartments. Separately metered gas and electric, tenants pay own heat & provide own appliances. Other features: newer water tanks, upgraded electrical, modern furnaces, and vinyl siding for worry-free maintenance. Conveniently located near freeway access, downtown Cleveland, public transportation, schools, and shopping.

Last Agent to Sell the Property

Michael Ferrante

LPT Realty License #2019005741 Listed on: 05/26/2020

Co-Listed By

Brandon Pappas

Platinum Real Estate License #2019003472

Last Buyer's Agent

Daniel Reid

Berkshire Hathaway HomeServices Stouffer Realty License #360463

Berkshire Hathaway HomeServices Stouffer Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $831

Year Built

  • Built in 1900

Lot Details

  • 7,000 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Asphalt Roof

Interior Spaces

  • 4,500 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas, heating
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 105-32-007

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Medical Services
  • Shops

Recreation

  • Community Playground
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$831

Year Built

Built in 1900

Lot Details

7,000 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Price Per Square Foot: 12.78
  • Estimated Price per Sq Ft: 12.78
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 4500
  • Year Built: 1900
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Detail: Full, Unfinished
  • Sq Ft Approx Above Grade Finished: 4500.00
  • Sq Ft Approx Total Finished: 4500.00

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Medical Service, Park, Playground, Shopping/Mall

Schools

  • School District: Cleveland Municipal

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1607
  • Parcel Number: 105-32-007

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Cable/Electric Link, Electric, Gas, Heating

Multi Family

  • Unit Count: 3
  • Gross Income: 2075.00
  • Num Of Buildings: 2
  • Number of Units: 4
  • Percent Units Occupied: 100

Tax Info

  • Tax: 831

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,245
Interest Rate
0.0696%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 21, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
0.029%
Mortgage Type
Commercial

Purchase Details

Listed on
May 26, 2020
Closed on
Jul 8, 2020
Sold by
Bought by
Seller's Agent
Michael Ferrante
LPT Realty
Buyer's Agent
Daniel Reid
Berkshire Hathaway HomeServices Stouffer Realty
List Price
$60,000
Sold Price
$57,500
Premium/Discount to List
-$2,500
-4.17%

Purchase Details

Closed on
Sep 11, 2017
Sold by
Bought by

Purchase Details

Closed on
Feb 10, 2005
Sold by
Bought by

Purchase Details

Closed on
Dec 10, 2003
Sold by
Bought by

Purchase Details

Closed on
Jan 27, 2000
Sold by
Bought by

Purchase Details

Closed on
Mar 31, 1986
Sold by
Bought by

Purchase Details

Closed on
May 12, 1976
Sold by
Bought by

Purchase Details

Closed on
Apr 15, 1976
Sold by
Bought by

Purchase Details

Closed on
Jan 1, 1975
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$138,800 Pathway Title
-- Chicago Title
$57,500 Chicago Title Insurance C
$25,000 Titleco Title Agency Ltd
$42,000 Titleco Title Agency Ltd
$33,950 Public
$67,900 --
-- --
$34,000 --
$12,000 --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $322,245
Previous Owner $74,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/20/2020 07/20/20 Sold $57,500 -4.2% $13 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $60,000 +140.0% $13 / Sq Ft
11/14/2017 11/14/17 Sold $25,000 -49.9% $2 / Sq Ft View Prior Sale
08/10/2017 08/10/17 Pending -- -- --
06/04/2017 06/04/17 For Sale $49,900 -- $5 / Sq Ft
Source: MLS Now

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $566 $5,460 $1,960 $3,500
2024 $564 $5,460 $1,960 $3,500
2023 $1,892 $18,940 $2,070 $16,870
2022 $1,889 $18,935 $2,065 $16,870
2021 $1,895 $18,940 $2,070 $16,870
2020 $1,758 $16,910 $1,860 $15,050
2019 $1,655 $48,300 $5,300 $43,000
2018 $1,823 $16,910 $1,860 $15,050
2017 $2,027 $19,960 $5,150 $14,810
2016 $2,028 $19,960 $5,150 $14,810
2015 $2,401 $19,960 $5,150 $14,810
2014 $2,401 $23,740 $6,130 $17,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4191958

MLS Now
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