NOT LISTED FOR SALE

22 E Main St Wakeman, OH 44889

Estimated Value: $134,758 - $177,000

3 Beds
4 Baths
2,072 Sq Ft
$76/Sq Ft Est. Value

Last Sold April 12, 2018

Last sale price $78,000 $38 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $989/month

602 Days on Market

About This Home

As of April 2018

Well maintained triplex with a positive income situated on a corner lot. Unit A is a 1 bedroom, 1 bath, 1 car garage main floor unit that rents for 450/month. Unit B is a 1 bedroom, 1 bath main floor unit that rents for 450/month. Unit C is a 1 bedroom, 1 bath 2nd Story unit that rents for 375/month. Combined rent is $1275 a month. Located close to downtown.

Last Listed By

Frank Van Dresser

RE/MAX Quality Realty - Norwal License #2001016429 Listed on: 08/17/2016

RE/MAX Quality Realty - Norwal

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,065

Year Built

  • Built in 1864

Lot Details

  • 5,741 Sq Ft Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Partial Basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Septic Tank

Community Details

  • Gross Income $1,275

Listing and Financial Details

  • Assessor Parcel Number 55055A070190000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,065

Year Built

Built in 1864

Lot Details

0

Parking

1

Listing Details

  • PropertySubType: Multi Family
  • PropertyType: Residential Income
  • Lot Size Acres: 0.1318
  • Total Gross Income: 1275
  • MLS Status: Sold
  • Carport Y N: No
  • Unit Levels: One and One Half
  • Year Built: 1864
  • Tax Year: 2015
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial

Exterior Features

  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Basement

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Attached Garage: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 1

Utilities

  • Cooling Y N: No
  • Heating: Propane, Forced Air
  • HeatingYN: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer, Septic Tank
  • Utilities: Electricity Connected
  • Water Source: Public

Schools

  • Junior High Dist: Western Reserve

Lot Info

  • Lot Size Sq Ft: 5741.208
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 55055A070190000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1065.32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2016
Closed on
Apr 12, 2018
Sold by
River Stone Llc
Bought by
Romell Branden M
Seller's Agent
Frank Van Dresser
RE/MAX Quality Realty - Norwal
Buyer's Agent
Kerry Laird
Russell Real Estate Services
List Price
$89,500
Sold Price
$78,000
Premium/Discount to List
-$11,500
-12.85%
Total Days on Market
602
Current Estimated Value
$157,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,253
Avg. Annual Appreciation
10.43%
Original Mortgage
$76,587
Outstanding Balance
$66,549
Interest Rate
4.43%
Mortgage Type
FHA
Estimated Equity
$90,704

Purchase Details

Closed on
Jan 30, 2015
Sold by
Stober Beverly L
Bought by
River Stone Llc

Purchase Details

Closed on
Aug 11, 2010
Bought by
Beverly L Stober Trustee

Purchase Details

Closed on
Sep 10, 2002
Sold by
Schilens Thomas A
Bought by
Landmax Limited

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 1994
Bought by
Stober Beverly L

Range of Values:

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Average Value
Not Available
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
Romell Branden M $78,000 First American Title
River Stone Llc $47,000 Chicago Title
Beverly L Stober Trustee -- --
Landmax Limited $325,000 --
Stober Beverly L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romell Branden M $76,587
Previous Owner Landmax Limited $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2018 04/12/18 Sold $78,000 -12.8% $38 / Sq Ft
04/11/2018 04/11/18 Pending -- -- --
08/17/2016 08/17/16 For Sale $89,500 -- $43 / Sq Ft
Source: Firelands Association of REALTORS®

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 $1,405 $36,120 $3,760 $32,360
2023 $1,405 $27,310 $2,660 $24,650
2022 $1,067 $27,310 $2,660 $24,650
2021 $1,098 $27,310 $2,660 $24,650
2020 $996 $23,530 $2,660 $20,870
2019 $992 $23,530 $2,660 $20,870
2018 $983 $23,530 $2,660 $20,870
2017 $1,092 $26,390 $2,660 $23,730
2016 $1,075 $26,390 $2,660 $23,730
2015 $1,065 $26,400 $2,660 $23,740
2014 $857 $22,440 $2,660 $19,780
2013 $829 $21,290 $1,510 $19,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Firelands Association of REALTORS®

MLS Number: 20164500

APN: 50-055A-07-018-0000