NOT LISTED FOR SALE

1557 E 256th St Euclid, OH 44132

Estimated Value: $60,000 - $91,000

4 Beds
2 Baths
2,574 Sq Ft
$29/Sq Ft Est. Value

Last Sold March 07, 2024

Last sale price $127,000 $49 Per Sq Ft

Est. 41% decrease in value since last sale

Current estimated payment $530/month

145 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating System
  • Property is Fully Fenced
  • Window Unit Cooling System

About This Home

As of March 2024

Great investment opportunity to own a side by side Colonial Duplex! 2 Individual parcels, being sold together! 1557 has been remodeled with an expanded kitchen, LTV flooring, circuit breaker box, concrete driveway & a garage with a new roof. Both units have replacement windows, furnaces & hot water tanks that are 11-14 yrs old or newer, decks & fenced yards. Long term tenant in the 2nd unit, needs cosmetics. Both tenants are on a month to month lease & would like to stay. Tenant pays all utilities incl water & sewer. Is POS compliant.

Last Agent to Sell the Property

Michelle Federico

EXP Realty, LLC. Brokerage Email: Michellefederico1@gmail.com (440) 669-0263 License #377353 Listed on: 09/22/2023

EXP Realty, LLC.

Last Buyer's Agent

Gal Fox

Galileo Realty LLC License #2023006798

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,797

Year Built

  • Built in 1944

Lot Details

  • 6,098 Sq Ft Lot
  • Property is Fully Fenced
  • Privacy Fence
  • 648-21-041

Parking

  • 1 Car Detached Garage

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, water
  • The owner pays for trash collection
  • Assessor Parcel Number 648-21-040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,797

Year Built

Built in 1944

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1944
  • Attribution Contact: Michellefederico1@gmail.com (440) 669-0263
  • Above Grade Finished Sq Ft: 1716.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 858.0
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Full, Privacy
  • Acres: 0.14
  • Home Warranty: No
  • Construction Type: Aluminum Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, Paved

Utilities

  • LaundryFeatures: In Unit
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Euclid CSD - 1813

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 648-21-040
  • Additional Parcels Description: 648-21-041
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection
  • Tenant Pays: Electricity, Gas, Sewer, Water

Multi Family

  • Gross Income: 1450.0
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2797.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2023
Closed on
Feb 28, 2024
Sold by
Hubbard Charles T and Hubbard Connie L
Bought by
Sano Investments Llc
Seller's Agent
Michelle Federico
EXP Realty, LLC.
Buyer's Agent
Gal Fox
Galileo Realty LLC
List Price
$159,900
Sold Price
$127,000
Premium/Discount to List
-$32,900
-20.58%
Views
112
Current Estimated Value
$74,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,264
Avg. Annual Appreciation
-27.20%

Purchase Details

Closed on
May 21, 2008
Sold by
La Salle Bank Na
Bought by
Hubbard Connie L

Purchase Details

Closed on
Mar 10, 2008
Sold by
Bobo Felecia and Bobo Brian
Bought by
Lasalle Bank Na

Purchase Details

Closed on
Sep 29, 2004
Sold by
Yutzy Douglas B and Yutzy Renee
Bought by
Bobo Brian and Bobo Felecia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,300
Interest Rate
8.99%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 1, 1992
Bought by
Yutzy Michael D
Source: Public Records

Range of Values:

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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
Sano Investments Llc $127,000 Title Professionals
Hubbard Connie L $23,800 Title Plus
Lasalle Bank Na $30,000 Attorney
Bobo Brian $57,000 Stewart Title Agency
Yutzy Michael D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bobo Brian $51,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2024 03/07/24 Sold $127,000 0.0% $49 / Sq Ft
02/13/2024 02/13/24 Off Market $127,000 -- --
02/13/2024 02/13/24 Pending -- -- --
12/29/2023 12/29/23 Price Changed $145,000 -3.3% $56 / Sq Ft
12/13/2023 12/13/23 Price Changed $149,900 -3.3% $58 / Sq Ft
12/09/2023 12/09/23 Price Changed $155,000 -3.1% $60 / Sq Ft
11/19/2023 11/19/23 For Sale $159,900 0.0% $62 / Sq Ft
10/01/2023 10/01/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $159,900 -- $62 / 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 $1,669 $22,890 $4,340 $18,550
2023 $1,390 $14,950 $3,500 $11,450
2022 $1,361 $14,950 $3,500 $11,450
2021 $1,507 $14,950 $3,500 $11,450
2020 $1,279 $11,340 $2,660 $8,680
2019 $1,223 $32,400 $7,600 $24,800
2018 $1,219 $11,340 $2,660 $8,680
2017 $1,215 $9,980 $2,210 $7,770
2016 $1,218 $9,980 $2,210 $7,770
2015 $1,293 $9,980 $2,210 $7,770
2014 $1,293 $11,730 $2,590 $9,140
Source: Public Records

Agents Affiliated with this Home

  • Michelle Federico

    Seller's Agent in 2024

    Michelle Federico

    EXP Realty, LLC.

    (440) 669-0263

    13 in this area

    102 Total Sales

    Michelle Federico
    Section Image
  • Gal Fox

    Buyer's Agent in 2024

    Gal Fox

    Galileo Realty LLC

    (216) 644-9851

    19 in this area

    124 Total Sales

    Gal Fox
    Section Image
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Map

Source: MLS Now

MLS Number: 4491967

MLS Now

APN: 648-21-041

Ohio Cuyahoga County Euclid 44132

1557 E 256th St, Euclid, OH

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