NOT LISTED FOR SALE

255 Brunswick Dr Elyria, OH 44035

8 Beds
6 Baths
4,416 Sq Ft
0.37 Acres

Last Sold September 27, 2019

Last sale price $184,500 $42 Per Sq Ft

37 Days on Market

Highlights

  • 0.37 Acre Lot
  • 4 Car Direct Access Garage
  • Baseboard Heating

About This Home

As of September 2019

This is being sold as a package with 259 Brunswick Dr. both of which are listed at equal prices. These are fully occupied, turnkey investment properties located near West Ridge Road, Elyria. Each property has four units with updated finishes and flooring. Deck located in rear of each property. Properties have the same layout; two units in each property are townhouse-style units. There is a designated attached garage spot for each unit and plenty of parking in the lot. Low maintenance; all the big-ticket items have been completed: new roof, new siding, new concrete driveway. All water heaters are 2015 or newer. Easy to rent units and rents could be higher. $30,000 gross income/yr. For 255 Brunswick Water/Sewer/Garbage is $275/month, insurance is $1800/year. All tenants are on yearly leases.

Last Agent to Sell the Property

Pete Formica

Keller Williams Elevate License #449782 Listed on: 07/05/2019

Keller Williams Elevate

Co-Listed By

Arthur Wells

Keller Williams Greater Metropolitan License #2017000213

Last Buyer's Agent

Kenneth Gremling

Plum Tree Realty, LLC License #397418

Plum Tree Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 0.37 Acre Lot

Parking

  • 4 Car Direct Access Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 4,416 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Community Details

  • 4 Units
  • W Ridge Estate #2 Community

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 06-24-015-000-029

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Price Per Square Foot: 41.78
  • Estimated Price per Sq Ft: 41.78
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 4416
  • Year Built: 1978
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1978

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 6.00
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement Detail: Slab
  • Sq Ft Approx Above Grade Finished: 4416.00
  • Sq Ft Approx Total Finished: 4416.00

Exterior Features

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

Garage/Parking

  • Driveway: Paved
  • Garage Features: Access from Unit, Attached
  • Garage Num Of Cars: 4

Utilities

  • Cooling Type: Wall Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: W Ridge Estate #2

Schools

  • School District: Elyria CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.3700
  • Parcel Number: 06-24-015-000-029

Rental Info

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

Multi Family

  • Unit Count: 4
  • Gross Income: 30000.00
  • Num Of Buildings: 1
  • Number of Units: 4
  • Percent Units Occupied: 100

Tax Info

  • Tax: 5357

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2019 09/27/19 Sold $184,500 -5.4% $42 / Sq Ft
08/11/2019 08/11/19 Pending -- -- --
07/05/2019 07/05/19 For Sale $195,000 -- $44 / 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 $5,163 $85,880 $14,000 $71,880
2023 $5,247 $72,139 $5,600 $66,539
2022 $5,219 $72,139 $5,600 $66,539
2021 $5,264 $72,139 $5,600 $66,539
2020 $5,473 $72,140 $5,600 $66,540
2019 $5,418 $72,140 $5,600 $66,540
2018 $5,360 $72,140 $5,600 $66,540
2017 $4,962 $62,750 $8,400 $54,350
2016 $4,886 $62,750 $8,400 $54,350
2015 $4,603 $62,750 $8,400 $54,350
2014 $4,537 $62,750 $8,400 $54,350
2013 $4,459 $62,750 $8,400 $54,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4112667

MLS Now