NOT LISTED FOR SALE

1504 E Wheeling Ave Cambridge, OH 43725

Estimated Value: $212,805

2.44 Acres
$87,179 Price per Acre
106,330 Sq Ft Lot

Last Sold April 28, 2023

Last sale price $450,000 $670 Per Sq Ft

Current estimated payment $1,560/month

331 Days on Market

About This Lot

As of April 2023

Excellent Location with this Commercial Property located in Heavy traffic area of Cambridge. 2.44 acre lot for potential expansion if needed. Office building contains large Office/Meeting space, Private Office, Kitchen, and Public Bathroom. New Furnace in Office in 2016-2017. Large 3 Car Detached Mechanics Garage features Taller Overhead Doors & Private Bath. New heating system in garage approximately 3 years old. Parking lot with Tons of Parking or space to Add on if needed! Security Lighting & System installed! Call your agent today to see all the potential this property has to offer! Subject to lien holder approval.

Last Agent to Sell the Property

Amanda Mignano

NextHome New Horizons Equity Realty License #2020000173 Listed on: 04/05/2022

NextHome New Horizons Equity Realty

Last Buyer's Agent

Amanda Mignano

NextHome New Horizons Equity Realty License #2020000173 Listed on: 04/05/2022

NextHome New Horizons Equity Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,929

Lot Details

  • 2.44

Additional Features

  • 2.44 Acre Lot
  • City Views
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 06-0000382.000

Property Details

Property Type

Land

Est. Annual Taxes

$4,929

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype: Land
  • Access: City Street
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City View
  • Barns Etc: Garage

Garage/Parking

  • Driveway: Paved

Utilities

  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Cambridge Csd

Lot Info

  • Improvements: Building On Property, Curb Cuts, Electric, Gas, Paved Streets, Sidewalks, Storm Drains, Street Lights
  • Lot Description: City Lot
  • Lot Size Units: Acres
  • Acres: 2.4410
  • Topography: Cleared, Level, Sloped, Wooded
  • Parcel Number: 06-0000382.000

Multi Family

  • Number Of Lots: 1

Tax Info

  • Tax: 4929

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2022
Closed on
Apr 28, 2023
Sold by
Blancett Enterprises Llc
Bought by
Gmt Rental Properties Llc
Seller's Agent
Amanda Mignano
NextHome New Horizons Equity Realty
Buyer's Agent
Amanda Mignano
NextHome New Horizons Equity Realty
List Price
$999,999
Sold Price
$450,000
Premium/Discount to List
-$549,999
-55%
Views
25
Current Estimated Value
$212,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$237,195
Avg. Annual Appreciation
-24.38%
Original Mortgage
$360,000
Outstanding Balance
$350,367
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
-$137,562

Purchase Details

Closed on
Feb 17, 2017
Sold by
Ankrom James E
Bought by
Blancett Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.12%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 25, 2011
Sold by
Wayne Watson Enterprises Llc
Bought by
Ankrom James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.84%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 18, 2009
Sold by
Baker Barry
Bought by
Wayne W Watson Enterprise Llc

Purchase Details

Closed on
Mar 28, 2006
Sold by
H & A Oil Co
Bought by
H & H Desinger Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
6.34%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 1, 2006
Sold by
Ports Petroleum Company Inc
Bought by
H & A Oil Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
6.34%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gmt Rental Properties Llc $450,000 Abc Title
Blancett Enterprises Llc $200,000 None Available
Ankrom James E $143,000 --
Wayne W Watson Enterprise Llc $42,000 --
H & H Desinger Inc $620,000 --
H & A Oil Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gmt Rental Properties Llc $360,000
Previous Owner Blancett Enterprises Llc $750,000
Previous Owner Ankrom James E $150,000
Previous Owner H & H Desinger Inc $496,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2023 04/28/23 Sold $450,000 -25.0% $670 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
12/30/2022 12/30/22 Price Changed $599,900 -14.3% $893 / Sq Ft
05/26/2022 05/26/22 Price Changed $699,900 -30.0% $1,042 / Sq Ft
04/05/2022 04/05/22 For Sale $999,999 -- $1,488 / 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 $5,349 $87,016 $41,310 $45,706
2023 $5,349 $81,012 $35,308 $45,704
2022 $4,853 $80,970 $35,310 $45,660
2021 $4,929 $80,970 $35,310 $45,660
2020 $4,811 $76,680 $32,100 $44,580
2019 $4,784 $76,680 $32,100 $44,580
2018 $4,590 $76,680 $32,100 $44,580
2017 $4,682 $76,680 $32,100 $44,580
2016 $4,640 $76,680 $32,100 $44,580
2015 $4,828 $76,680 $32,100 $44,580
2014 $4,358 $68,300 $27,910 $40,390
2013 $9,121 $68,300 $27,910 $40,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4362045

MLS Now

APN: 06-0000382.000