NOT LISTED FOR SALE

2211 W Prospect Rd Ashtabula, OH 44004

Estimated Value: $1,334,019

14.53 Acres
$91,824 Price per Acre
632,840 Sq Ft Lot

Last Sold July 19, 2023

Last sale price $250,000

Est. 434% increase in value since last sale

Current estimated payment $7,706/month

241 Days on Market

About This Lot

As of July 2023

Vacant commercial land ready for development. Previous use included retail building and fully developed property. All foundations, concrete slab, asphalt parking areas, storm sewers, and utility connections are present and ready for possible re-use with appropriate governmental approvals. Property has over 350' of frontage along SR 20 (West Prospect) that can be subdivided to create two new parcels for any fast food with drive-thru, retail out parcels, and/or similar commercial businesses. Owner financing available. Land lease option for 5k per month triple net.

Last Agent to Sell the Property

Rick Osborne Jr.

Keller Williams Greater Cleveland Northeast License #2010001710 Listed on: 10/10/2022

Keller Williams Greater Cleveland Northeast

Last Buyer's Agent

Debby Best

Keller Williams Greater Cleveland Northeast License #2016004617

Keller Williams Greater Cleveland Northeast

Property Details

Property Type

  • Land

Lot Details

  • 14.53 Acre Lot
  • Wooded Lot

Additional Features

  • City Lot
  • Underground Utilities

Community Details

  • Connecticut Western Reserve Community

Listing and Financial Details

  • Assessor Parcel Number 480100003100

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype: Commercial
  • Access: City Street
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 358

Garage/Parking

  • Driveway: Paved

Utilities

  • Water/Sewer: Public Water, Public Sewer
  • Utilities Available: 3 Phase Wire, Cable, Electric, Gas, Phone Lines, Sewer, Water

Condo/Co-op/Association

  • Subdivision Complex: Connecticut Western Reserve

Schools

  • School District: Ashtabula Area Csd

Lot Info

  • Improvements: Electric, Gas, Paved Streets, Sidewalks, Storm Drains, Street Lights, Underground Utilitie
  • Lot Description: City Lot, Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 14.5280
  • Divisible Yn: Yes
  • Topography: Cleared, Wooded
  • Parcel Number: 480100003100

Multi Family

  • Number Of Lots: 1

Tax Info

  • Tax: 8049

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2022
Closed on
Aug 12, 2023
Sold by
Blenman Douglas G
Bought by
In And Out 2211 Llc
Seller's Agent
Rick Osborne Jr.
Keller Williams Greater Cleveland Northeast
Buyer's Agent
Debby Best
Keller Williams Greater Cleveland Northeast
List Price
$499,000
Sold Price
$250,000
Premium/Discount to List
-$249,000
-49.9%
Views
249
Current Estimated Value
$1,334,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,084,019
Avg. Annual Appreciation
94.35%

Purchase Details

Listed on
Oct 10, 2022
Closed on
Jun 30, 2023
Sold by
Cvn Retirement Llc
Bought by
Blenman Douglas G
Seller's Agent
Rick Osborne Jr.
Keller Williams Greater Cleveland Northeast
Buyer's Agent
Debby Best
Keller Williams Greater Cleveland Northeast
List Price
$499,000
Sold Price
$250,000
Premium/Discount to List
-$249,000
-49.9%
Views
249

Purchase Details

Closed on
Apr 19, 2006
Sold by
Amjk Support Systems Inc
Bought by
Cvn Retirement Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 1998
Sold by
Nobus Inc
Bought by
A M J K Support Services

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
7.01%
Mortgage Type
Commercial
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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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
In And Out 2211 Llc -- None Listed On Document
Blenman Douglas G $250,000 Lake County Title
Cvn Retirement Llc $700,000 Buckeye Title
A M J K Support Services $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cvn Retirement Llc $500,000
Previous Owner A M J K Support Services $332,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2023 07/19/23 Sold $250,000 -49.9% --
06/08/2023 06/08/23 Pending -- -- --
10/10/2022 10/10/22 For Sale $499,000 -- --
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
2024 $9,264 $110,010 $110,010 --
2023 $7,992 $110,010 $110,010 $0
2022 $8,045 $110,010 $110,010 $0
2021 $8,049 $110,010 $110,010 $0
2020 $8,057 $110,010 $110,010 $0
2019 $9,818 $136,680 $120,260 $16,420
2018 $9,565 $136,680 $120,260 $16,420
2017 $12,011 $125,860 $120,260 $5,600
2016 $15,246 $215,710 $120,260 $95,450
2015 $15,219 $215,710 $120,260 $95,450
2014 $15,056 $215,710 $120,260 $95,450
2013 $14,058 $219,390 $119,180 $100,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4415131

MLS Now

APN: 480100003100