NOT LISTED FOR SALE

2250 Northland Ave Lakewood, OH 44107

Estimated Value: $305,000 - $445,000

8 Beds
3 Baths
2,632 Sq Ft
$143/Sq Ft Est. Value

Last Sold September 12, 2013

Last sale price $110,000 $42 Per Sq Ft

Est. 241% increase in value since last sale

Current estimated payment $2,635/month

29 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Property is Fully Fenced
  • Hayes Elementary School Rated A-

About This Home

As of September 2013

This is a perfect chance to invest. Unique property has two 3-bedroom units and one 2-bedroom unit. This property has been maintained very well for many years. New furnaces in 2 units in 2005. Long time tenant on first floor. All units occupied . This property receives $1810 a month. Owner pays trash and water. There are separate utilities for each unit. The driveway is asphalt and there is a 2 car garage in back. The yard is fully fenced with a treated privacy fence. Each 3-bedroom unit has a wood fireplace. Nice accent touch. The home has original windows in great shape keeping the style and classy touch alive. There is no sign in the yard. Each unit has kitchen appliances that stay. Call Joann today!

Last Agent to Sell the Property

Joann Obermiller

Russell Real Estate Services License #396444 Listed on: 06/23/2013

Russell Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 4,600 Sq Ft Lot
  • Property is Fully Fenced
  • Wood Fence

Parking

  • 2 Car Detached Garage

Home Design

  • Tri-Level Property
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2,632 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 313-15-022

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • Year Built: 1929
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Equipment: Wall Oven, Range, Refrigerator, Smoke Detector
  • Total Bedrooms: 8
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Room Count: 1
  • Basement Detail: Full, Unfinished
  • Living Area Sq Ft: 2632
  • Estimated Total Living Area: 2632

Exterior Features

  • Exterior: Brick, Wood
  • Fences: Full, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

  • Heating Fuel: Gas
  • Heating Type: Fireplace-Wood, Forced Air
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Lakewood CSD

Lot Info

  • Lot Size Area Sq Ft: 4600.0000
  • Lot Size Units: Acres
  • Price Per Acre: 1041666.67
  • Acres: 0.1060
  • Parcel Number: 313-15-022

Multi Family

  • Unit Count: 3
  • Num Of Buildings: 1
  • Number of Units: 3

Tax Info

  • Tax: 4700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2013
Closed on
Sep 3, 2013
Sold by
Mayell Richard and Juguilon Lisa C
Bought by
Wahba Ashraf
Seller's Agent
Joann Obermiller
Russell Real Estate Services
List Price
$131,500
Sold Price
$110,000
Premium/Discount to List
-$21,500
-16.35%
Current Estimated Value
$375,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,520
Avg. Annual Appreciation
10.65%
Original Mortgage
$94,875
Outstanding Balance
$70,489
Interest Rate
4.29%
Mortgage Type
New Conventional
Estimated Equity
$305,031

Purchase Details

Closed on
Nov 6, 1990
Bought by
Mayell Richard

Purchase Details

Closed on
Dec 2, 1988
Bought by
Omalley Kelley A

Purchase Details

Closed on
Jul 23, 1985
Sold by
Charles D Black
Bought by
M.W.Properties Co

Purchase Details

Closed on
Jan 11, 1980
Sold by
Bouman Joseph R
Bought by
Charles D Black

Purchase Details

Closed on
Apr 4, 1979
Sold by
Bryant Pauline C
Bought by
Bouman Joseph R

Purchase Details

Closed on
Jan 1, 1975
Bought by
Bryant Pauline C
Source: Public Records

Range of Values:

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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
Wahba Ashraf $126,500 Resource Title Agency
Mayell Richard $108,000 --
The Rich Corporation $94,000 --
Omalley Kelley A $93,000 --
The Rich Corporation $76,500 --
M.W.Properties Co $65,000 --
Charles D Black -- --
Bouman Joseph R $68,000 --
Bryant Pauline C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wahba Ashraf $94,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2013 09/12/13 Sold $110,000 -16.3% $42 / Sq Ft
07/22/2013 07/22/13 Pending -- -- --
06/23/2013 06/23/13 For Sale $131,500 -- $50 / Sq Ft
Source: MLS Now

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 $7,921 $104,300 $17,500 $86,800
2023 $6,341 $82,640 $14,180 $68,460
2022 $6,383 $82,640 $14,180 $68,460
2021 $6,322 $82,640 $14,180 $68,460
2020 $5,605 $64,050 $10,990 $53,060
2019 $5,502 $183,000 $31,400 $151,600
2018 $5,495 $64,050 $10,990 $53,060
2017 $5,540 $58,630 $8,330 $50,300
2016 $5,503 $58,630 $8,330 $50,300
2015 $5,508 $58,630 $8,330 $50,300
2014 $5,508 $56,390 $8,020 $48,370
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Joann Obermiller

    Russell Real Estate Services

    (440) 864-9162

    18 Total Sales

    Joann Obermiller
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Map

Source: MLS Now

MLS Number: 3420939

MLS Now

APN: 313-15-022

Ohio Cuyahoga County Lakewood 44107

2250 Northland Ave, Lakewood, OH

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