NOT LISTED FOR SALE

229 Gates Ave Elyria, OH 44035

Elyria Area
4 Beds
2 Baths
1,640 Sq Ft
3,485 Sq Ft Lot

Sale Details

Date Sold: January 27, 2022

Last sale price $62,500 $38 Per Sq Ft

40 Days on Market

Highlights

  • Forced Air Heating System
  • Laundry Facilities
  • South Facing Home

About This Home

As of January 2022

Good investment property. Some improvements have been made and both units are currently occupied.
Listing agent is the owner, call for information.

Last Agent to Sell the Property

Tammy Smith

Russell Real Estate Services License #331465 Listed on: 10/07/2021

Russell Real Estate Services

Last Buyer's Agent

James Wise

The Holton-Wise Property Group LLC License #2015001161

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,090

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • South Facing Home
  • Unpaved Streets

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,640 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 06-26-019-101-033

Community Details

Overview

  • 2 Units
  • Gates Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,090

Year Built

Built in 1900

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: South
  • Price Per Square Foot: 38.11
  • Estimated Price per Sq Ft: 38.11
  • Year Built Exception: Not Verifiable
  • Num Of Stories: 2.00
  • Total Sq Ft: 1640
  • Year Built: 1900
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Appliances Equipment: Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full, Unfinished
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1640.00
  • Sq Ft Approx Total Finished: 1640.00

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Gates

Schools

  • School District: Elyria CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.0800
  • Parcel Number: 06-26-019-101-033

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Gas

Multi Family

  • Unit Count: 1
  • Gross Income: 11400.00
  • Net Income: 7200.00
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1090

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Jan 15, 2022
Sold by
Bought by
Seller's Agent
Tammy Smith
Russell Real Estate Services
Buyer's Agent
James Wise
The Holton-Wise Property Group LLC
List Price
$62,500
Sold Price
$62,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,875
Interest Rate
0.0311%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2005
Sold by
Bought by

Purchase Details

Closed on
Apr 21, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,100
Interest Rate
0.0548%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,900
Interest Rate
0.0678%

Purchase Details

Closed on
Oct 4, 1996
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$62,500 Chicago Title
$25,400 Real Living Title Agency Ltd
$69,000 Midland Title
$46,500 Lorain County Title Co Inc
$51,000 Lorain County Title Co Inc
$46,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $46,875
Closed $46,875
Previous Owner $62,100
Previous Owner $45,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/27/2022 01/27/22 Sold $62,500 0.0% $38 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $62,500 -- $38 / Sq Ft
Source: MLS Now

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,937 $33,632 $4,816 $28,816
2023 $1,024 $18,347 $2,793 $15,554
2022 $1,020 $18,347 $2,793 $15,554
2021 $1,047 $18,347 $2,793 $15,554
2020 $1,087 $16,820 $2,560 $14,260
2019 $1,081 $16,820 $2,560 $14,260
2018 $1,160 $18,060 $2,560 $15,500
2017 $1,155 $17,240 $2,410 $14,830
2016 $1,109 $17,240 $2,410 $14,830
2015 $1,040 $17,240 $2,410 $14,830
2014 $1,028 $17,240 $2,410 $14,830
2013 $1,019 $17,240 $2,410 $14,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4324179

MLS Now

APN: 06-26-019-101-033

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