NOT LISTED FOR SALE

226 W Park Ave Niles, OH 44446

Estimated Value: $97,000 - $130,000

6 Beds
2 Baths
2,593 Sq Ft
$44/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $74,000 $29 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $720/month

1 Day on Market

About This Home

As of July 2021

Great side by side duplex each unit 3 Bed 1 Bath 1296 Sqft, All separate utilities, 2 gas meters, 2 water meters , 2 electric meters, new roof shingles 2020, vinyl
siding, all windows replaced, units where remodeled in the past with all plaster removed, and insulated and dry-walled, newer furnaces, front and back covered porches, one unit vacant , the other unit rented month to month at $500 (tenant has been there approx 4 years) , market rent for vacant unit should be in the $650- $750 range, full basements in both units, vacant side only will be shown, occupied side shown only after an accepted offer. agents read brokers remarks prior to showing

Last Agent to Sell the Property

J.B. Spencer

Platinum Real Estate License #389430 Listed on: 06/02/2021

Platinum Real Estate

Last Buyer's Agent

Melissa Palmer

Brokers Realty Group License #2006007885

Brokers Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $898

Year Built

  • Built in 1903

Lot Details

  • 9,592 Sq Ft Lot
  • Unpaved Streets

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,593 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas, trash collection, water
  • Assessor Parcel Number 25-554623

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$898

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 28.54
  • Estimated Price per Sq Ft: 28.54
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2593
  • Year Built: 1903
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1903

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full
  • Laundry: 2
  • Sq Ft Approx Above Grade Finished: 2593.00
  • Sq Ft Approx Total Finished: 2593.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

  • LaundryFeatures: In Unit
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Niles CSD
  • School District: Niles CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.2202
  • Parcel Number: 25-554623

Rental Info

  • Tenant Pays: Cable/Electric Link, Electric, Gas, Trash Collection, Water

Multi Family

  • Num Of Buildings: 1
  • Number of Units: 2

Tax Info

  • Tax: 898

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Jul 13, 2021
Sold by
Lynch Investments Ltd
Bought by
Palmer Melissa A
Seller's Agent
J.B. Spencer
Platinum Real Estate
Buyer's Agent
Melissa Palmer
Brokers Realty Group
List Price
$69,527
Sold Price
$74,000
Premium/Discount to List
$4,473
6.43%
Current Estimated Value
$114,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,410
Avg. Annual Appreciation
10.77%
Original Mortgage
$55,500
Outstanding Balance
$43,523
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$69,134

Purchase Details

Closed on
Apr 10, 2007
Sold by
Regelman Dawn E
Bought by
Lynch Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,900
Interest Rate
6.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2007
Sold by
Regelman Dawn E
Bought by
Lynch Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,900
Interest Rate
6.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1990
Bought by
Dawn E Regelman
Source: Public Records

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
Palmer Melissa A $74,000 None Available
Lynch Thomas J $66,000 None Available
Lynch Thomas J $66,000 None Available
Dawn E Regelman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Melissa A $55,500
Previous Owner Lynch Thomas J $51,900
Previous Owner Lynch Thomas J $59,400
Previous Owner Lynch Thomas J $59,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2021 07/15/21 Sold $74,000 +6.4% $29 / Sq Ft
06/03/2021 06/03/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $69,527 -- $27 / 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 $1,168 $27,230 $2,870 $24,360
2023 $1,168 $27,230 $2,870 $24,360
2022 $847 $16,870 $2,870 $14,000
2021 $889 $16,870 $2,870 $14,000
2020 $898 $16,870 $2,870 $14,000
2019 $914 $16,350 $2,870 $13,480
2018 $911 $16,350 $2,870 $13,480
2017 $906 $16,350 $2,870 $13,480
2016 $1,065 $19,040 $2,870 $16,170
2015 $1,054 $19,040 $2,870 $16,170
2014 $1,058 $19,040 $2,870 $16,170
2013 $1,118 $21,250 $2,870 $18,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4284605

MLS Now

APN: 25-554623