NOT LISTED FOR SALE

1531 E 298th St Wickliffe, OH 44092

Estimated Value: $141,000 - $173,382

4 Beds
2 Baths
1,296 Sq Ft
$120/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $120,000 $93 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $985/month

11 Days on Market

Highlights

  • Medical Services
  • Community Pool
  • Park
  • City View
  • Community Playground
  • Forced Air Heating System

About This Home

As of December 2021

Great opportunity for investment property in Wickliffe! This 2 unit home has many mechanical updates including two new furnaces and hot water tanks Oct. 2021. The first floor has new carpet and has been freshly painted. 1st floor unit has 2 bedrooms, 1 bathroom, living room and spacious kitchen! The front porch belongs to the 1st floor unit! The 2nd floor unit is spacious with 2 bedrooms, 1 bathroom, spacious living room and kitchen! Hardwood floors under all the carpeting. Newer windows and electrical panels in 2005 and new roof in 2017. Home will be point of sale compliant for Wickliffe sewer prior to transfer. This property has so much potential for your investor client or someone who wants to live here and have income potential! Don't miss this opportunity today!

Last Agent to Sell the Property

Stacey Jones

Keller Williams Living License #2014000218 Listed on: 11/12/2021

Keller Williams Living

Co-Listed By

Michael Jones

Keller Williams Living License #2009004191

Last Buyer's Agent

Jayme Sandy

RE/MAX Results License #2004010767

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,716

Year Built

  • Built in 1930

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,296 Sq Ft Home
  • 2-Story Property
  • City Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, gas
  • Assessor Parcel Number 29-B-007-A-00-040-0

Community Details

Recreation

  • Community Playground
  • Community Pool
  • Park

Additional Features

  • 2 Units
  • Medical Services

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,716

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 92.59
  • Estimated Price per Sq Ft: 92.59
  • Year Built Exception: Actual YBT
  • Total Sq Ft: 1296
  • Year Built: 1930
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Appliances Equipment: Dryer, Range, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full, Unfinished
  • Laundry: 2
  • Sq Ft Approx Above Grade Finished: 1296.00
  • Sq Ft Approx Total Finished: 1296.00

Exterior Features

  • View: City View
  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

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

Association/Amenities

  • Amenities: Medical Service, Park, Playground, Pool

Schools

  • School District: Wickliffe CSD
  • School District: Wickliffe CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1100
  • Parcel Number: 29-B-007-A-00-040-0

Rental Info

  • Tenant Pays: Electric, Gas

Multi Family

  • Unit Count: 2
  • Gross Income: 14100.00
  • Number of Units: 2
  • Percent Units Occupied: 50

Tax Info

  • Tax: 2716

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Dec 29, 2021
Sold by
Cromes Thomas O and Cromes Nike V
Bought by
Vallatto Alexander Anthony
Seller's Agent
Stacey Jones
Keller Williams Living
Buyer's Agent
Jayme Sandy
RE/MAX Results
List Price
$130,000
Sold Price
$120,000
Premium/Discount to List
-$10,000
-7.69%
Total Days on Market
11
Current Estimated Value
$156,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,096
Avg. Annual Appreciation
8.76%
Original Mortgage
$117,000
Outstanding Balance
$108,925
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$51,921

Purchase Details

Closed on
Mar 3, 2006
Sold by
Josza John M
Bought by
Cromes Thomas O and Cromes Nike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,230
Interest Rate
6.01%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 31, 2005
Sold by
Gallowan Christine
Bought by
Josza John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 5, 2003
Sold by
Gallowan Steve
Bought by
Gallowan Christine

Purchase Details

Closed on
Sep 16, 2002
Sold by
Mrosko James R and Ellen Mary
Bought by
Gallowan Steve and Gallowan Christine

Purchase Details

Closed on
Mar 3, 2000
Sold by
Dipietro Laura J
Bought by
Mrosko James R and Mrosko Mary Ellen

Purchase Details

Closed on
Jan 1, 1990
Bought by
Dipietro Laura J
Source: Public Records

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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
Vallatto Alexander Anthony $120,000 Enterprise Title Agency Inc
Cromes Thomas O $142,300 Enterprise Title
Josza John M $117,000 Enterprise Title
Gallowan Christine -- Conway Land Title Company
Gallowan Steve $119,000 Conway Land Title Company
Mrosko James R $75,000 Continental Title Agency Cor
Dipietro Laura J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vallatto Alexander Anthony $117,000
Previous Owner Cromes Thomas O $14,230
Previous Owner Cromes Thomas O $113,840
Previous Owner Josza John M $100,000
Previous Owner Mrosko James R $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $120,000 -7.7% $93 / Sq Ft
11/23/2021 11/23/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $130,000 -- $100 / 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
2023 $4,711 $38,310 $11,210 $27,100
2022 $2,768 $38,310 $11,210 $27,100
2021 $2,816 $38,310 $11,210 $27,100
2020 $2,716 $31,400 $9,190 $22,210
2019 $2,714 $31,400 $9,190 $22,210
2018 $2,241 $29,570 $9,000 $20,570
2017 $2,132 $29,570 $9,000 $20,570
2016 $2,122 $29,570 $9,000 $20,570
2015 $2,085 $29,570 $9,000 $20,570
2014 $1,843 $29,570 $9,000 $20,570
2013 $1,842 $29,570 $9,000 $20,570
Source: Public Records

Agents Affiliated with this Home

  • Stacey Jones

    Seller's Agent in 2021

    Stacey Jones

    Keller Williams Living

    (216) 577-5874

    1 in this area

    363 Total Sales

    Stacey Jones
    Section Image
  • Michael Jones

    Seller Co-Listing Agent in 2021

    Michael Jones

    Keller Williams Living

    (216) 240-1147

    1 in this area

    294 Total Sales

    Michael Jones
    Section Image
  • Jayme Sandy

    Buyer's Agent in 2021

    Jayme Sandy

    RE/MAX

    (440) 488-0415

    12 in this area

    124 Total Sales

    Jayme Sandy
    Section Image
  • Brady Secre

    Buyer Co-Listing Agent in 2021

    Brady Secre

    EXP Realty, LLC.

    (440) 537-2332

    2 in this area

    218 Total Sales

    Brady Secre
    Section Image
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Map

Source: MLS Now

MLS Number: 4332902

MLS Now

APN: 29-B-007-A-00-040

Ohio Lake County Wickliffe 44092

1531 E 298th St, Wickliffe, OH

This home is located at 1531 E 298th St, Wickliffe, OH 44092 since 12 November 2021 and is currently estimated at $156,096, approximately $120 per square foot. This property was built in 1930. 1531 E 298th St is a home located in Lake County with nearby schools including Wickliffe Elementary School, Wickliffe Middle School, and Wickliffe High School.

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