NOT LISTED FOR SALE

121 W 5th Ave Berea, OH 44017

3 Beds
3 Baths
1,570 Sq Ft
6,900 Sq Ft Lot

Last Sold April 12, 2024

Last sale price $228,000 $145 Per Sq Ft

25 Days on Market

About This Home

As of April 2024

Welcome to this tastefully remodeled and rare triplex in the heart of Berea, Ohio. Each unit offers one bedroom and one bathroom. The front unit is currently rented for $900/month. The back unit is rented at $899/month. Upstairs is currently vacant and has a pro-forma rent of $925/month. The exterior of this property has been completely renovated with new siding and driveway. Newer windows throughout. The basement is a large space that features laundry with coin operated washer and dryer as well as separate storage space for each tenant to lock up their belongings. Don't wait to add this well maintained property to your portfolio before its gone!

Last Agent to Sell the Property

Michael Arko

Keller Williams Greater Metropolitan Brokerage Email: 216-839-5500 klrw297@kw.com License #2019000138 Listed on: 02/07/2024

Keller Williams Greater Metropolitan

Last Buyer's Agent

Andrew Jenkins

Keller Williams Elevate License #2014001799

Keller Williams Elevate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,416

Year Built

  • Built in 1926

Lot Details

  • 6,900

Parking

  • Driveway

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 6,900 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Wallace & Warners Subdivision

Listing and Financial Details

  • Assessor Parcel Number 362-10-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,416

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Triplex
  • Year Built: 1926
  • Attribution Contact: 216-839-5500 klrw297@kw.com
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Wallace & Warners
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Storage Space, Unfinished
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.1584
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Berea CSD - 1804

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 362-10-001
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3416.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2024 04/12/24 Sold $228,000 -8.8% $145 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $249,900 0.0% $159 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
02/07/2024 02/07/24 For Sale $249,900 +25.6% $159 / Sq Ft
08/25/2022 08/25/22 Sold $198,900 -0.5% $116 / Sq Ft View Prior Sale
07/23/2022 07/23/22 Pending -- -- --
07/22/2022 07/22/22 Price Changed $199,900 -4.8% $116 / Sq Ft
07/05/2022 07/05/22 Price Changed $210,000 -6.7% $122 / Sq Ft
06/27/2022 06/27/22 Price Changed $225,000 -8.2% $131 / Sq Ft
06/15/2022 06/15/22 Price Changed $245,000 -5.8% $143 / Sq Ft
06/07/2022 06/07/22 For Sale $260,000 -- $151 / 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 $3,861 $65,310 $11,830 $53,480
2023 $3,417 $48,370 $12,110 $36,260
2022 $3,452 $49,880 $12,110 $37,770
2021 $3,424 $49,880 $12,110 $37,770
2020 $3,269 $42,250 $10,260 $31,990
2019 $3,183 $120,700 $29,300 $91,400
2018 $3,155 $42,250 $10,260 $31,990
2017 $2,572 $31,850 $7,070 $24,780
2016 $2,553 $31,850 $7,070 $24,780
2015 $2,400 $31,850 $7,070 $24,780
2014 $2,515 $33,180 $7,350 $25,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5016070

MLS Now

APN: 362-10-001