NOT LISTED FOR SALE

Estimated Value: $174,000 - $186,000

4 Beds
3 Baths
2,026 Sq Ft
$90/Sq Ft Est. Value

Sale Details

Date Sold: December 29, 2021

Last sale price $141,000 $70 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,230 / mo

50 Days on Market

Highlights

  • City View
  • Forced Air Heating System
  • Property is Fully Fenced
  • 2 Car Detached Garage
  • Laundry Facilities
  • Northeast Facing Home

About This Home

As of December 2021

Fabulous income opportunity with immediate cash flow! Let tenants pay your mortgage for you! House is completely furnished with 3 existing tenants who would like to stay if possible. Current income is $1425 a month. With the other 2 bedrooms rented, it would be $2460 a month or the owner can live there. (Seller is leaving other 2 Bedrooms available in order to show the house.) Convenient location, close proximity to shopping and public transportation. 5 Bedrooms, 3 Full Baths, huge eat-in kitchen, Living Room w/fireplace and leaded glass windows, replacement vinyl windows throughout, hardwood flooring under carpeting, 2-car garage, covered patio, fenced yard. Full basement has potential for another unit, including Kitchen and full bath. Home price includes all furnishings, mattresses, bedding, towels, etc. Seller would like to sell it as a business, but it would make a wonderful single family home!

Last Agent to Sell the Property

Charlene Terlep

Howard Hanna License #646052 Listed on: 10/07/2021

Howard Hanna

Last Buyer's Agent

Lori Baker

Keller Williams Citywide License #448985

Keller Williams Citywide

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,757

Year Built

  • Built in 1919

Lot Details

  • 5,201 Sq Ft Lot
  • Northeast Facing Home
  • Property is Fully Fenced
  • Chain Link Fence

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,026 Sq Ft Home
  • 2-Story Property
  • City Views
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • City Lot

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable/electric link
  • The owner pays for electric, gas, heating, sewer, water
  • Assessor Parcel Number 014-21-039

Community Details

Overview

  • 5 Units
  • Brooklyn Heights Community

Amenities

  • Laundry Facilities
  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,757

Year Built

Built in 1919

Lot Details

5,201 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • House Faces: Northeast
  • Price Per Square Foot: 69.60
  • Estimated Price per Sq Ft: 69.60
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2026
  • Year Built: 1919
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1919

Interior Features

  • Appliances Equipment: CO Detector, Microwave, Range, Refrigerator, Smoke Detector
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Detail: Full, Partially Finished
  • Sq Ft Approx Above Grade Finished: 2026.00
  • Sq Ft Approx Total Finished: 2026.00

Exterior Features

  • View: City View
  • Exterior: Aluminum
  • Fences: Chain Link, Full
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

  • LaundryFeatures: None
  • Heating Fuel: Gas
  • Heating Type: Fireplace-Other, Forced Air
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Laundromat

Condo/Co-op/Association

  • Subdivision Complex: Brooklyn Heights

Fee Information

  • Op Expenses: 5960.00

Schools

  • School District: Cleveland Municipal

Lot Info

  • Lot Description: City Lot
  • Lot Size Units: Acres
  • Acres: 0.1194
  • Parcel Number: 014-21-039

Rental Info

  • Owner Pays: Electric, Gas, Heating, Sewer, Water
  • Tenant Pays: Cable/Electric Link

Multi Family

  • Unit Count: 1
  • Gross Income: 29160.00
  • Net Income: 23200.00
  • Num Of Buildings: 1
  • Number of Units: 5
  • Percent Units Occupied: 3

Tax Info

  • Tax: 1757

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Dec 27, 2021
Sold by
Helga Fullerman Living Trust
Bought by
Mcguffin Matthew K and Oprea Carmen
Seller's Agent
Charlene Terlep
Howard Hanna
Buyer's Agent
Lori Baker
Keller Williams Citywide
List Price
$143,500
Sold Price
$141,000
Premium/Discount to List
-$2,500
-1.74%
Current Estimated Value
$178,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,300
Avg. Annual Appreciation
6.15%
Original Mortgage
$144,243
Outstanding Balance
$131,294
Interest Rate
3.11%
Mortgage Type
VA
Estimated Equity
$50,711

Purchase Details

Closed on
Jul 29, 1994
Sold by
Kaczor Victoria A
Bought by
Klinger Harold M and Fullerman Helga

Purchase Details

Closed on
Feb 26, 1990
Sold by
Kaczor Frank and Kaczor Ann F
Bought by
Kaczor Victoria

Purchase Details

Closed on
Apr 22, 1982
Sold by
Kaczor Frank and Kaczor Ann F
Bought by
Frank and Kaczor Ann F

Purchase Details

Closed on
Jan 1, 1975
Bought by
Kaczor Frank and Kaczor Ann F
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
Mcguffin Matthew K $141,000 Chicago Title
Klinger Harold M $60,000 --
Kaczor Victoria -- --
Kaczor Frank -- --
Frank -- --
Kaczor Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcguffin Matthew K $144,243
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2021 12/29/21 Sold $141,000 -1.7% $70 / Sq Ft
11/26/2021 11/26/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $143,500 -- $71 / Sq Ft
Source: MLS Now

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 $3,236 $49,350 $7,000 $42,350
2024 $3,235 $49,350 $7,000 $42,350
2023 $3,257 $42,010 $5,710 $36,300
2022 $1,980 $26,250 $5,710 $20,550
2021 $1,960 $26,250 $5,710 $20,550
2020 $1,757 $20,340 $4,410 $15,930
2019 $1,624 $58,100 $12,600 $45,500
2018 $1,567 $20,340 $4,410 $15,930
2017 $1,527 $18,520 $3,470 $15,050
2016 $1,515 $18,520 $3,470 $15,050
2015 $1,690 $18,520 $3,470 $15,050
2014 $1,690 $20,580 $3,850 $16,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4323984

MLS Now

APN: 014-21-039

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