NOT LISTED FOR SALE

Estimated Value: $231,293

6 Beds
3 Baths
1,948 Sq Ft
$119/Sq Ft Est. Value

Sale Details

Date Sold: January 3, 2024

Last sale price $175,000 $90 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,409 / mo

10 Days on Market

Highlights

  • Golf Course Community
  • 3.25 Acre Lot
  • Park
  • Medical Services
  • Community Playground
  • Forced Air Heating System

About This Home

As of January 2024

Don't miss this three-unit investment opportunity in Madison Village. Build revenue and net worth in real estate. Long-term tenants, with potential for increases. Ongoing mechanical maintenance and updates. The property has been profitable for the long-term owners. ALSO, First-time homebuyers!! - Here is an opportunity to invest and build equity quickly. 4/5 parking spaces and a large backyard, adjacent a creek. Beyond the creek, even more wooded land and nature space comes with this property. Over 3 acres total in the Village! Close to amenities and convenient to highway. Walking distance to restaurants, parks, school, the Square and social events in the village. Bring your improvement mindset and make this gem even better. Amazing location!

Last Agent to Sell the Property

Ben Drenik

Keller Williams Greater Cleveland Northeast Brokerage Phone: (440) 417-2815 License #2016003710 Listed on: 11/25/2023

Keller Williams Greater Cleveland Northeast

Last Buyer's Agent

Michael Warren

Howard Hanna License #2007000330

Howard Hanna
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,560

Year Built

  • Built in 1915

Lot Details

  • 3.25 Acre Lot
  • South Facing Home

Parking

  • Unpaved Parking

Home Design

  • Triplex
  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,948 Sq Ft Home
  • 2-Story Property
  • Laundry in unit
  • Finished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Hot Water Heating System
  • Heating System Uses Steam

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, heat
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 02-A-006-D-00-003-0

Community Details

Overview

  • 3 Units

Amenities

  • Medical Services
  • Common Area

Recreation

  • Golf Course Community
  • Community Playground
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,560

Year Built

Built in 1915

Lot Details

3.25 Acres

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Triplex
  • Year Built: 1915
  • Attribution Contact: (440) 417-2815
  • Above Grade Finished Sq Ft: 1948.0
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Triplex
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 3.25
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Direction Faces: South

Garage/Parking

  • Parking Features: Unpaved

Utilities

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

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Golf, Medical Service, Playground, Park

Schools

  • Junior High Dist: Madison LSD Lake- 4303

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-A-006-D-00-003-0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Other, Sewer, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Gas, Heat

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2560.0

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
01/03/2024 01/03/24 Sold $175,000 +3.0% $90 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
11/25/2023 11/25/23 For Sale $169,900 -- $87 / 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 -- $60,660 $19,080 $41,580
2024 $1,682 $60,660 $19,080 $41,580
2023 $1,682 $51,990 $15,540 $36,450
2022 $2,559 $42,870 $12,490 $30,380
2021 $2,566 $42,870 $12,490 $30,380
2020 $2,881 $42,870 $12,490 $30,380
2019 $2,889 $42,870 $12,490 $30,380
2018 $2,903 $39,700 $14,180 $25,520
2017 $2,744 $39,700 $14,180 $25,520
2016 $2,538 $39,700 $14,180 $25,520
2015 $2,287 $39,700 $14,180 $25,520
2014 $2,343 $39,700 $14,180 $25,520
2013 $2,197 $39,700 $14,180 $25,520
Source: Public Records

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Map

Source: MLS Now

MLS Number: 4506172

MLS Now

APN: 02-A-006-D-00-003-0

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