NOT LISTED FOR SALE

15725 Otis Place Maple Heights, OH 44137

Estimated Value: $64,000 - $107,000

3 Beds
1 Bath
1,152 Sq Ft
$81/Sq Ft Est. Value

Last Sold November 21, 2022

Last sale price $57,000 $49 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $604/month

43 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • Forced Air Heating System

About This Home

As of November 2022

This spacious colonial home is a great investment opportunity! The perfect BRRR Opportunity - with a little sweat equity! In need of some TLC, this property has tons of potential and value-add opportunities! The large interior offers a living room and dining room with hardwood floors and kitchen all on the main floor, and 3 bedrooms with the full bath on the 2nd. There is also an attic that could be finished for additional living space, full basement with newer furnace and covered front porch. Centrally located, the property is close to parks, shopping, within walking distance to public transit and just minutes from highway access. Don't miss this solid find - build your portfolio with this single family today!

Last Agent to Sell the Property

Mike Azzam

RE/MAX Haven Realty License #2014004734 Listed on: 09/09/2022

RE/MAX Haven Realty

Last Buyer's Agent

Bryan Burke

Lokal Real Estate, LLC. License #2020007846

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,294

Year Built

  • Built in 1927

Lot Details

  • 6,534

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,152 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Porch
  • 6,534 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 781-09-083

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,294

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 49.48
  • Estimated Price per Sq Ft: 49.48
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1152
  • Year Built: 1927
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1927

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Detail: Full
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1152.00
  • Sq Ft Approx Total Finished: 1152.00

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Exterior Features: Porch
  • 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: 0000002877

Schools

  • School District: Maple Heights CSD
  • School District: Maple Heights CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1500
  • Parcel Number: 781-09-083
  • LandLeaseYN: No

Tax Info

  • Tax: 1294

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Nov 10, 2022
Sold by
True Pair Llc
Bought by
Dla Rentals Llc
Seller's Agent
Mike Azzam
RE/MAX Haven Realty
Buyer's Agent
Bryan Burke
Lokal Real Estate, LLC.
List Price
$74,900
Sold Price
$57,000
Premium/Discount to List
-$17,900
-23.9%
Views
105
Current Estimated Value
$93,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,608
Avg. Annual Appreciation
19.69%
Original Mortgage
$37,500
Interest Rate
6.31%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 27, 2022
Sold by
Scotton John J
Bought by
True Pair Llc

Purchase Details

Closed on
May 22, 1979
Sold by
Scotton J J and E J
Bought by
Scotton John J

Purchase Details

Closed on
Jan 1, 1975
Bought by
Scotton J J and E J
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
Dla Rentals Llc $57,000 Onyx Title
True Pair Llc $22,000 Black Tie Title
Scotton John J -- --
Scotton J J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dla Rentals Llc $81,200
Closed Dla Rentals Llc $37,500
Previous Owner Dla Rentals Llc $37,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2022 11/21/22 Sold $57,000 -4.7% $49 / Sq Ft
10/22/2022 10/22/22 Pending -- -- --
10/10/2022 10/10/22 Price Changed $59,800 -0.2% $52 / Sq Ft
09/26/2022 09/26/22 Price Changed $59,900 -7.7% $52 / Sq Ft
09/20/2022 09/20/22 Price Changed $64,900 -7.2% $56 / Sq Ft
09/14/2022 09/14/22 Price Changed $69,900 -6.7% $61 / Sq Ft
09/09/2022 09/09/22 For Sale $74,900 -- $65 / 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 $2,991 $29,750 $6,755 $22,995
2023 $2,216 $17,750 $4,590 $13,160
2022 $1,231 $17,745 $4,585 $13,160
2021 $1,294 $17,750 $4,590 $13,160
2020 $921 $13,440 $3,470 $9,980
2019 $897 $38,400 $9,900 $28,500
2018 $891 $13,440 $3,470 $9,980
2017 $824 $12,750 $3,470 $9,280
2016 $783 $12,750 $3,470 $9,280
2015 $1,130 $12,750 $3,470 $9,280
2014 $1,130 $16,980 $4,620 $12,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4407192

MLS Now

APN: 781-09-083