NOT LISTED FOR SALE

241 W Main St Cortland, OH 44410

Estimated Value: $238,117

4 Beds
3 Baths
2,472 Sq Ft
$96/Sq Ft Est. Value

Last Sold July 19, 2018

Last sale price $131,000 $53 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,523/month

26 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Lakeview Middle School Rated A-
  • North Facing Home

About This Home

As of July 2018

3 Unit Multi-Family plus Commericial building being sold together. The Multi-Family property is a 2 Story consisting of a 1 st floor unit with 2 Bedrooms, 1 Bath (tenants maintain the building and own their own appliances) and pay $450. per month --- 2nd story consists of 2 units, each have 1 Bedroom,1 Bath, refridgerator & Stove (each pay $450. mo). Tenants pay gas, electric, cable, Landlord pays water and trash

The Commercial building is currenly being used a s Dog Grooming business. Tenant pays $425 per month plus their own utilities. There is a parking lot that is included. The Dance studio uses this and pays $20 per month.

All sold as one entity. Unit 1 leased untill April 2019, Unit 2 Leased untill Feb 2019, Unit 3 Leased untill March 2019, Business leased untill Dec 2018

Last Agent to Sell the Property

Trudy Mickey

Deleted Agent License #422598 Listed on: 05/04/2018

Co-Listed By

Sam Magiassos

Deleted Agent License #2010003036

Last Buyer's Agent

Marlin Palich

Berkshire Hathaway HomeServices Stouffer Realty License #268027

Berkshire Hathaway HomeServices Stouffer Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,624

Year Built

  • Built in 1930

Lot Details

  • North Facing Home

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,472 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas
  • The owner pays for trash collection, water
  • Assessor Parcel Number 34-031673

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,624

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • House Faces: North
  • Price Per Square Foot: 52.99
  • Estimated Price per Sq Ft: 52.99
  • Year Built Exception: Not Verifiable
  • Num Of Stories: 2.00
  • Total Sq Ft: 2472
  • Year Built: 1930
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Appliances Equipment: Range, Refrigerator
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Detail: Full
  • Sq Ft Approx Above Grade Finished: 2472.00
  • Sq Ft Approx Total Finished: 2472.00

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Lakeview LSD
  • School District: Lakeview LSD

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 34-031673

Rental Info

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

Multi Family

  • Unit Count: 4
  • Num Of Buildings: 1
  • Number of Units: 4
  • Percent Units Occupied: 100

Tax Info

  • Tax: 2624

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2018
Closed on
Jul 12, 2018
Sold by
Daugherty Rentals Ltd
Bought by
Robert Knepper Rentals Llc
Seller's Agent
Trudy Mickey
Deleted Agent
Buyer's Agent
Marlin Palich
Berkshire Hathaway HomeServices Stouffer Realty
List Price
$144,900
Sold Price
$131,000
Premium/Discount to List
-$13,900
-9.59%
Current Estimated Value
$238,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,117
Avg. Annual Appreciation
8.55%
Original Mortgage
$98,250
Outstanding Balance
$59,449
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$178,668

Purchase Details

Closed on
Apr 24, 2014
Sold by
Robinson Lawrence L
Bought by
Daugherty Rentals Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,228
Interest Rate
4.41%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 28, 2013
Sold by
Aivazis Patricia
Bought by
Robinson Lawrence L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,800
Interest Rate
4.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 16, 2004
Sold by
Buckeye Land Investors
Bought by
Aivazias Steve J and Aivazias Patricia

Purchase Details

Closed on
Jan 1, 1990
Bought by
North Rd Land Co
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
Robert Knepper Rentals Llc $131,000 Title Professionals Inc
Daugherty Rentals Ltd $82,000 None Available
Robinson Lawrence L $61,000 None Available
Aivazias Steve J $122,500 --
North Rd Land Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robert Knepper Rentals Llc $98,250
Previous Owner Daugherty Rentals Ltd $67,228
Previous Owner Robinson Lawrence L $48,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2018 07/19/18 Sold $131,000 -9.6% $53 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $144,900 -- $59 / 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 $3,299 $50,370 $12,250 $38,120
2023 $3,299 $50,370 $12,250 $38,120
2022 $2,675 $35,740 $12,250 $23,490
2021 $2,671 $35,740 $12,250 $23,490
2020 $2,680 $35,740 $12,250 $23,490
2019 $2,640 $35,740 $12,250 $23,490
2018 $2,663 $35,740 $12,250 $23,490
2017 $2,624 $35,740 $12,250 $23,490
2016 $2,165 $28,530 $12,250 $16,280
2015 $2,171 $28,530 $12,250 $16,280
2014 $1,949 $28,710 $12,430 $16,280
2013 $2,928 $42,640 $12,570 $30,070
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Trudy Mickey

    Deleted Agent

    Section Image

  • S

    Seller Co-Listing Agent in 2018

    Sam Magiassos

    Deleted Agent

    Section Image
  • Marlin Palich

    Buyer's Agent in 2018

    Marlin Palich

    BHHS Northwood

    (330) 727-1723

    5 in this area

    38 Total Sales

    Marlin Palich
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 3995799

MLS Now

APN: 34-031673

Ohio Trumbull County Cortland 44410

241 W Main St, Cortland, OH

This home is located at 241 W Main St, Cortland, OH 44410 since 04 May 2018 and is currently estimated at $238,117, approximately $96 per square foot. This property was built in 1930. 241 W Main St is a home located in Trumbull County with nearby schools including Lakeview Elementary School, Lakeview Middle School, and Lakeview High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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