NOT LISTED FOR SALE

1404 Mac Dr Unit 1410 Stow, OH 44224

Estimated Value: $281,000 - $350,212

4 Beds
2 Baths
2,052 Sq Ft
$147/Sq Ft Est. Value

Last Sold December 27, 2021

Last sale price $246,500 $120 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,021/month

3 Days on Market

Highlights

  • Lake Front
  • 4 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 0.73 Acre Lot

About This Home

As of December 2021

Lakefront Properties are a rare find... But here's an amazing opportunity to own one that's also an income producing property in a great community! Each ranch style unit has sliding glass doors off their dining rooms leading out to separate back decks where families can set out and overlook the beautiful, serene section of Meadowbrook Lake! Both units are 2 bedrooms with nice sized master bedrooms! Each with 1 full bath, very nice kitchen, spacious living room with picture window for great natural light. Another feature of each unit is their large, double-car attached garages with openers and plenty of parking space. 1404 has a dedicated laundry room in the finished basement, while 1410's laundry is in a very clean unfinished basement. Owner-occupied for years on one side. Current renters have been there for 3 years with minimal wear and the property is very clean! The neighborhood is full of beautiful mature trees - easy to rent and within a great school district. A great potential as an owner-occupied property or investment home. Don't miss out on this opportunity to own a lake-home as your primary residence or as a turn key investment! Always well managed. Currently 50% rented. Schedule your private showing today!

Last Agent to Sell the Property

Douglas Miller SRES, CHBC

Keller Williams Legacy Group Realty License #2016005988 Listed on: 11/19/2021

Keller Williams Legacy Group Realty

Last Buyer's Agent

Ricardo Simonelli

Keller Williams Chervenic Rlty License #2018004895

Keller Williams Chervenic Rlty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,259

Year Built

  • Built in 1976

Lot Details

  • 0.73 Acre Lot
  • Lake Front
  • Unpaved Streets

Property Views

  • Water
  • Woods

Home Design

  • Asphalt Roof
  • Cedar

Interior Spaces

  • 2,052 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Sump Pump
  • Laundry in unit

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5604107

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,259

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 120.13
  • Estimated Price per Sq Ft: 120.13
  • Year Built Exception: Actual YBT
  • Total Sq Ft: 2052
  • Year Built: 1976
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1976

Interior Features

  • Appliances Equipment: Dishwasher, Microwave, Range, Refrigerator, Sump Pump
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Partially Finished
  • Laundry: 2
  • Sq Ft Approx Above Grade Finished: 2052.00
  • Sq Ft Approx Total Finished: 2052.00

Exterior Features

  • View: Water View, Wooded
  • Exterior: Cedar
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved, Unpaved
  • Garage Features: Attached, Door Opener, Electric
  • Garage Num Of Cars: 4

Utilities

  • LaundryFeatures: In Unit
  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Stow-Munroe Falls CS

Lot Info

  • Lot Description: Lake Front
  • Lot Size Units: Acres
  • Acres: 0.7340
  • Parcel Number: 5604107

Multi Family

  • Unit Count: 2
  • Gross Income: 10260.00
  • Num Of Buildings: 1
  • Number of Units: 2

Tax Info

  • Tax: 3259

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Dec 27, 2021
Sold by
Blevins Denise and Blevins Kristopher A
Bought by
Saylor Margaret Loehnert
Seller's Agent
Douglas Miller SRES, CHBC
Keller Williams Legacy Group Realty
Buyer's Agent
Ricardo Simonelli
Keller Williams Chervenic Rlty
List Price
$237,000
Sold Price
$246,500
Premium/Discount to List
$9,500
4.01%
Current Estimated Value
$302,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,803
Avg. Annual Appreciation
5.46%
Original Mortgage
$60,000
Interest Rate
3.11%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Saylor Margaret Loehnert $246,500 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saylor Margaret Loehnert $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2021 12/27/21 Sold $246,500 +4.0% $120 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
11/19/2021 11/19/21 For Sale $237,000 -- $115 / 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
2025 $5,222 $91,826 $18,242 $73,584
2024 $5,222 $91,826 $18,242 $73,584
2023 $5,222 $91,550 $18,242 $73,308
2022 $4,405 $65,584 $13,514 $52,070
2021 $3,315 $65,584 $13,514 $52,070
2020 $3,259 $65,580 $13,510 $52,070
2019 $3,320 $62,920 $12,980 $49,940
2018 $3,267 $62,920 $12,980 $49,940
2017 $3,098 $62,920 $12,980 $49,940
2016 $3,175 $58,600 $12,980 $45,620
2015 $3,098 $58,600 $12,980 $45,620
2014 $3,100 $58,600 $12,980 $45,620
2013 $2,977 $56,900 $12,980 $43,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4334259

MLS Now

APN: 56-04107