NOT LISTED FOR SALE

1616 Cherry Ave NE Canton, OH 44714

Gibbs Area Neighborhood

Estimated Value: $90,493 - $140,000

4 Beds
2 Baths
1,900 Sq Ft
$63/Sq Ft Est. Value

Last Sold September 07, 2021

Last sale price $104,000 $55 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $756/month

5 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Laundry Facilities

About This Home

As of September 2021

Are you looking for an investment property with immediate cashflow? Look no further! This all brick duplex is ready for a new owner. Each unit has 2 bedrooms and 1 bathroom plus a separate 1 car garage space! The basement has individual storage and laundry rooms. Top and bottom units. New roof put on the garage in 2020. Call today to schedule your private showing!

Last Agent to Sell the Property

Caleb Fell

Fell Realty, LLC License #2024004757 Listed on: 06/14/2021

Last Buyer's Agent

Luke Schmidt

Berkshire Hathaway HomeServices Professional Realty License #2019006371

Berkshire Hathaway HomeServices Professional Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $840

Year Built

  • Built in 1957

Lot Details

  • 4,299 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Metal Roof

Interior Spaces

  • 1,900 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

Listing and Financial Details

  • Assessor Parcel Number 00237687

Community Details

Overview

  • 2 Units
  • Canton Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$840

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 54.74
  • Estimated Price per Sq Ft: 54.74
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1900
  • Year Built: 1957
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1957

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full, Unfinished
  • Laundry: 2
  • Sq Ft Approx Above Grade Finished: 1900.00
  • Sq Ft Approx Total Finished: 1900.00

Exterior Features

  • Exterior: Brick
  • Roof: Asphalt/Fiberglass, Metal

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Canton

Schools

  • School District: Canton CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.0987
  • Parcel Number: 00237687

Multi Family

  • Unit Count: 2
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 840

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2021
Closed on
Aug 7, 2021
Sold by
High Point Property Holdings Llc
Bought by
Parker Jordan L
Seller's Agent
Caleb Fell
Fell Realty, LLC
Buyer's Agent
Luke Schmidt
Berkshire Hathaway HomeServices Professional Realty
List Price
$109,900
Sold Price
$104,000
Premium/Discount to List
-$5,900
-5.37%
Current Estimated Value
$122,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,449
Avg. Annual Appreciation
3.30%
Original Mortgage
$102,116
Outstanding Balance
$92,715
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$27,158

Purchase Details

Listed on
Dec 18, 2019
Closed on
Feb 24, 2020
Sold by
Andrews Toni
Bought by
High Point Property Holdings Llc
Seller's Agent
Erica Sloan
Real of Ohio
Buyer's Agent
Caleb Fell
Fell Realty, LLC
List Price
$85,500
Sold Price
$77,750
Premium/Discount to List
-$7,750
-9.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.79%
Original Mortgage
$62,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Mar 12, 2015
Closed on
Jun 30, 2015
Sold by
Timothy S Fenwick Of The Hillyer Group L
Bought by
Andrews Toni
Seller's Agent
Scott R. Thompson
Keller Williams Chervenic Rlty
List Price
$59,000
Sold Price
$46,000
Premium/Discount to List
-$13,000
-22.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.98%

Purchase Details

Closed on
Sep 28, 2001
Sold by
Thompson Timothy W
Bought by
Ruthe & Isadore Freed Housing Corp

Purchase Details

Closed on
Jul 28, 1999
Sold by
Kroh Gregory P and Kroh Mary R
Bought by
Thompson Timothy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Interest Rate
7.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 1999
Sold by
Kroh Paul L and Kroh Ellen
Bought by
Kroh Gregory P and Kroh Mary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Interest Rate
7.69%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Parker Jordan L $104,000 Ohio Real Title
High Point Property Holdings Llc $77,800 None Available
Andrews Toni $46,000 Ctic
Ruthe & Isadore Freed Housing Corp $97,000 --
Thompson Timothy W $88,000 --
Kroh Gregory P $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Jordan L $102,116
Previous Owner High Point Property Holdings Llc $62,000
Previous Owner Thompson Timothy W $79,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/07/2021 09/07/21 Sold $104,000 -5.4% $55 / Sq Ft
06/19/2021 06/19/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $109,900 +41.4% $58 / Sq Ft
02/24/2020 02/24/20 Sold $77,750 -9.1% $41 / Sq Ft View Prior Sale
01/16/2020 01/16/20 Pending -- -- --
12/18/2019 12/18/19 For Sale $85,500 +85.9% $45 / Sq Ft
07/06/2015 07/06/15 Sold $46,000 -22.0% $24 / Sq Ft View Prior Sale
05/07/2015 05/07/15 Pending -- -- --
03/12/2015 03/12/15 For Sale $59,000 -- $31 / 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
2025 -- $25,000 $2,840 $22,160
2024 -- $25,000 $2,840 $22,160
2023 $910 $15,090 $2,870 $12,220
2022 $887 $15,090 $2,870 $12,220
2021 $908 $15,090 $2,870 $12,220
2020 $840 $12,500 $2,350 $10,150
2019 $736 $12,510 $2,350 $10,160
Source: Public Records

Agents Affiliated with this Home

  • Caleb Fell

    Seller's Agent in 2021

    Caleb Fell

    Fell Realty, LLC

    (330) 340-9271

    2 in this area

    545 Total Sales

    Caleb Fell
    Section Image
  • Luke Schmidt

    Buyer's Agent in 2021

    Luke Schmidt

    Berkshire Hathaway HomeServices Professional Realty

    (330) 491-7965

    3 in this area

    161 Total Sales

    Luke Schmidt
    Section Image

  • E

    Seller's Agent in 2020

    Erica Sloan

    Real of Ohio

    39 Total Sales

    Erica Sloan
    Section Image
  • Scott R. Thompson

    Seller's Agent in 2015

    Scott R. Thompson

    Keller Williams Chervenic Rlty

    (330) 671-6331

    5 Total Sales

    Scott R. Thompson
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4288257

MLS Now

APN: 00237687

Ohio Stark County Canton 44714 Gibbs Area

1616 Cherry Ave NE, Canton, OH

Not Listed for Sale

MultiFamily

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