NOT LISTED FOR SALE

1539 Babbitt Rd Euclid, OH 44132

Estimated Value: $79,678 - $143,000

4 Beds
2 Baths
2,100 Sq Ft
$48/Sq Ft Est. Value

Last Sold March 20, 2019

Last sale price $15,000 $7 Per Sq Ft

Est. 568% increase in value since last sale

Current estimated payment $668/month

10 Days on Market

About This Home

As of March 2019

Short Sale-Subject to Bank Approval. Unique Situation-5/4 Duplex with 2-2 Bdrm, 1 Bath Units and each unit is owned by the same owner, although they have separate parcel numbers. 1 Unit has Family Room addition on Rear. House also features full unfinished Basements, separate Furnaces, Hot Water Tanks and Electric, and separate driveways for each Unit. Both Units need repair and property is being Sold As-Is.

Last Agent to Sell the Property

Craig Lucker

Puppy Realty License #2012000061 Listed on: 09/22/2018

Co-Listed By

Brian Selitto

Puppy Realty License #2014003913

Last Buyer's Agent

Craig Lucker

Puppy Realty License #2012000061 Listed on: 09/22/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • 5,101 Sq Ft Lot
  • West Facing Home

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Caswell Homes Community

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas, heating
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 648-21-020

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: West
  • Price Per Square Foot: 7.14
  • Estimated Price per Sq Ft: 7.14
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2100
  • Year Built: 1943
  • Geocode Confidence: Unknown
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1943

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full, Unfinished
  • Sq Ft Approx Above Grade Finished: 2100.00
  • Sq Ft Approx Total Finished: 2100.00

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

Condo/Co-op/Association

  • Subdivision Complex: Caswell Homes

Schools

  • School District: Euclid CSD
  • School District: Euclid CSD

Lot Info

  • Additional Assessor Parcel Number 1: 64821021
  • Lot Size Units: Acres
  • Acres: 0.1171
  • Parcel Number: 648-21-020

Rental Info

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

Multi Family

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

Tax Info

  • Tax: 1416

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2024
Sold by
Reo Investments Llc
Bought by
Bucher Jakob
Current Estimated Value
$100,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Outstanding Balance
$65,941
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$87,003

Purchase Details

Listed on
Sep 22, 2018
Closed on
Mar 19, 2019
Sold by
Rice Lavonne
Bought by
Reo Investments Llc
Seller's Agent
Craig Lucker
Puppy Realty
Buyer's Agent
Craig Lucker
Puppy Realty
List Price
$19,500
Sold Price
$15,000
Premium/Discount to List
-$4,500
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.78%

Purchase Details

Closed on
Jul 17, 2002
Sold by
Rice George and Rice Lavonne
Bought by
Rice Lavonne

Purchase Details

Closed on
Oct 11, 1995
Sold by
Wentz Yvonne
Bought by
Rice George and Rice Lavonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
7.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 1984
Sold by
Ostrow Dennis D
Bought by
Ostrow June K

Purchase Details

Closed on
Jun 6, 1978
Sold by
Mormile Florence J
Bought by
Ostrow Dennis D

Purchase Details

Closed on
Oct 14, 1977
Sold by
Wajnberg David
Bought by
Mormile Florence J

Purchase Details

Closed on
Aug 17, 1976
Sold by
Wajnberg David and Wajnberg Mary
Bought by
Wajnberg David

Purchase Details

Closed on
Jan 1, 1975
Bought by
Wajnberg David and Wajnberg Mary
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
Bucher Jakob $90,500 Lake County Title
Bucher Jakob $90,500 Lake County Title
Reo Investments Llc $15,000 Golden Eagle Title
Rice George $36,000 --
Ostrow June K -- --
Ostrow Dennis D $68,900 --
Mormile Florence J $53,000 --
Wajnberg David -- --
Wajnberg David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bucher Jakob $66,000
Closed Bucher Jakob $66,000
Previous Owner Rice George $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2019 03/20/19 Sold $15,000 -23.1% $7 / Sq Ft
10/02/2018 10/02/18 Pending -- -- --
09/22/2018 09/22/18 For Sale $19,500 -- $9 / 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 $1,673 $23,205 $3,675 $19,530
2023 $425 $3,470 $3,190 $280
2022 $418 $3,470 $3,190 $280
2021 $452 $3,470 $3,190 $280
2020 $411 $2,630 $2,420 $210
2019 $362 $30,900 $6,900 $24,000
2018 $1,080 $10,820 $2,420 $8,400
2017 $1,156 $9,670 $2,000 $7,670
2016 $1,158 $9,670 $2,000 $7,670
2015 $1,228 $9,670 $2,000 $7,670
2014 $1,228 $11,380 $2,350 $9,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4039625

MLS Now

APN: 648-21-020