NOT LISTED FOR SALE

16460 Farley Rd Middlefield, OH 44062

Estimated Value: $248,000 - $372,000

13 Beds
10 Baths
2,401 Sq Ft
$137/Sq Ft Est. Value

Sale Details

Date Sold: March 29, 2018

Last sale price $225,000 $94 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,066 / mo

79 Days on Market

Highlights

  • View of Trees or Woods
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Wooded Lot
  • Water Softener
  • Baseboard Heating

About This Home

As of March 2018

Impressive investment opportunity. This property has potential to be further developed. This property offers a return on your investment with maintenance, management, and vacancy rates included of over 10%. 3 dwellings total are included, 2 units per dwelling. Just under 8.5 acres total are included between both parcels. Contact your agent for more information on the rent log and to schedule a showing!

Last Agent to Sell the Property

Eric Uchbar

Keller Williams Greater Metropolitan License #2005016614 Listed on: 11/21/2017

Keller Williams Greater Metropolitan

Last Buyer's Agent

Dan O'Reilly

RE/MAX Revealty License #2003009927

RE/MAX Revealty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,881

Year Built

  • Built in 1964

Lot Details

  • 8.46 Acre Lot
  • South Facing Home
  • Unpaved Streets
  • Wooded Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Tri-Level Property
  • Asphalt Roof
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 13 Bedrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Oil
  • Well
  • Water Softener
  • Septic Tank

Additional Features

  • Views of Woods
  • Dishwasher
  • Basement Fills Entire Space Under The House

Community Details

  • 3 Buildings
  • 6 Units

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, heating
  • The owner pays for trash collection
  • Assessor Parcel Number 25-062300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,881

Year Built

Built in 1964

Lot Details

8.46 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • House Faces: South
  • Year Built Exception: Actual YBT
  • Year Built: 1964
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Appliances Equipment: Dishwasher, Range, Refrigerator, Smoke Detector, Water Softener
  • Total Bedrooms: 13
  • Total Bathrooms: 10.00
  • Full Bathrooms: 6
  • Half Bathrooms: 4
  • Basement Detail: Full

Exterior Features

  • View: Wooded
  • Exterior: Vinyl, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

  • Cooling Type: Wall Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Baseboard, Forced Air, Hot Water/Steam
  • Water/Sewer: Well, Septic

Schools

  • School District: Cardinal LSD

Lot Info

  • Additional Assessor Parcel Number 1: 25-062400
  • Lot Description: Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 8.4600
  • Parcel Number: 25-062300

Rental Info

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

Multi Family

  • Num Of Buildings: 3
  • Number of Units: 6
  • Percent Units Occupied: 50

Tax Info

  • Tax: 3881

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2017
Closed on
Mar 26, 2018
Sold by
Bought by
Seller's Agent
Eric Uchbar
Keller Williams Greater Metropolitan
Buyer's Agent
Dan O'Reilly
RE/MAX Revealty
List Price
$324,900
Sold Price
$225,000
Premium/Discount to List
-$99,900
-30.75%
Current Estimated Value
$329,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,081
Avg. Annual Appreciation
4.73%
Original Mortgage
$218,481
Outstanding Balance
$119,759
Interest Rate
4.38%
Mortgage Type
Commercial
Estimated Equity
$209,322

Purchase Details

Closed on
Aug 28, 2001
Sold by
Bought by

Purchase Details

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$225,000 Lawyers Title Of Chardon
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $218,481
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/29/2018 03/29/18 Sold $225,000 -30.7% $94 / Sq Ft
02/08/2018 02/08/18 Pending -- -- --
11/21/2017 11/21/17 For Sale $324,900 -- $135 / Sq Ft
Source: MLS Now

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,500 $91,150 $24,610 $66,540
2024 $3,500 $91,150 $24,610 $66,540
2023 $3,510 $91,150 $24,610 $66,540
2022 $4,030 $84,880 $20,510 $64,370
2021 $4,019 $84,880 $20,510 $64,370
2020 $4,151 $84,880 $20,510 $64,370
2019 $4,022 $75,990 $20,510 $55,480
2018 $4,022 $75,990 $20,510 $55,480
2017 $4,022 $75,990 $20,510 $55,480
2016 $3,880 $82,710 $20,510 $62,200
2015 $3,521 $82,710 $20,510 $62,200
2014 $3,521 $82,710 $20,510 $62,200
2013 $3,551 $82,710 $20,510 $62,200
Source: Public Records

Agents Affiliated with this Home

  • Eric Uchbar

    Seller's Agent in 2018

    Eric Uchbar

    Keller Williams Greater Metropolitan

    (440) 342-1408

    144 Total Sales

    Eric Uchbar
    Section Image
  • Dan O'Reilly

    Buyer's Agent in 2018

    Dan O'Reilly

    RE/MAX Revealty

    (440) 821-3484

    237 Total Sales

    Dan O'Reilly
    Section Image
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Map

Source: MLS Now

MLS Number: 3958261

MLS Now

APN: 25-062300

Ohio Geauga County Middlefield 44062

16460 Farley Rd, Middlefield, OH

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