NOT LISTED FOR SALE

256 George St Elyria, OH 44035

5 Beds
3 Baths
2,600 Sq Ft
1,742 Sq Ft Lot

Sale Details

Date Sold: January 4, 2023

Last sale price $145,000 $56 Per Sq Ft

70 Days on Market

About This Home

As of January 2023

Long term tenants. Tenants are on Month-to-Month and will stay with property. Rent has only been increased 1 time over the last 10 years. Lots of room to move in rent. Recent increases in rent have occurred for 2 units. As it stands CAP rate is above 11.6%. Updated Boiler this year. Can use some updates, but in great condition as it is for the long term tenants. Can be packaged together along with MLS#'s 4401985 and 4402006.

Last Agent to Sell the Property

Vincent Yurak

YUR Better Homes LLC License #2021006727 Listed on: 08/18/2022

Last Buyer's Agent

jeremy rodriguez

D.A.R.E License #2025001934

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,415

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot
  • North Facing Home

Parking

  • Driveway

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 3 Units
  • W G Sharp Trustees Add Community

Listing and Financial Details

  • Assessor Parcel Number 06-26-011-101-036

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,415

Year Built

Built in 1900

Lot Details

1,742 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • House Faces: North
  • Price Per Square Foot: 55.77
  • Estimated Price per Sq Ft: 55.77
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2600
  • 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

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2600.00
  • Sq Ft Approx Total Finished: 2600.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

  • LaundryFeatures: In Unit
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: W G Sharp Trustees Add

Fee Information

  • Op Expenses: 6808.00

Schools

  • School District: Elyria CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.0400
  • Parcel Number: 06-26-011-101-036

Multi Family

  • Unit Count: 3
  • Gross Income: 23880.00
  • Net Income: 15657.00
  • Num Of Buildings: 1
  • Number of Units: 3
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1415

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
Aug 18, 2022
Closed on
Jan 2, 2023
Sold by
Bought by
Seller's Agent
Vincent Yurak
YUR Better Homes LLC
Buyer's Agent
jeremy rodriguez
D.A.R.E
List Price
$140,000
Sold Price
$145,000
Premium/Discount to List
$5,000
3.57%
Views
23

Purchase Details

Closed on
Dec 10, 2004
Sold by
Bought by

Purchase Details

Closed on
May 21, 2001
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
$89,900
Interest Rate
0.0707%
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
$145,000 Guardian Title
-- --
$119,900 Lorain County Title Co Inc
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
Closed $22,000
Closed $89,900
Closed $75,000
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
01/04/2023 01/04/23 Sold $145,000 +3.6% $56 / Sq Ft
10/27/2022 10/27/22 Pending -- -- --
10/21/2022 10/21/22 Price Changed $140,000 0.0% $54 / Sq Ft
10/21/2022 10/21/22 For Sale $140,000 +3.7% $54 / Sq Ft
08/21/2022 08/21/22 Pending -- -- --
08/18/2022 08/18/22 For Sale $135,000 -- $52 / 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 $1,895 $39,088 $3,021 $36,068
2023 $1,416 $25,368 $1,754 $23,615
2022 $1,411 $25,368 $1,754 $23,615
2021 $1,415 $25,368 $1,754 $23,615
2020 $1,458 $23,250 $1,610 $21,640
2019 $1,449 $23,250 $1,610 $21,640
2018 $1,426 $23,250 $1,610 $21,640
2017 $1,401 $21,510 $1,510 $20,000
2016 $1,383 $21,510 $1,510 $20,000
2015 $1,298 $21,510 $1,510 $20,000
2014 $1,283 $21,510 $1,510 $20,000
2013 $1,272 $21,510 $1,510 $20,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4401990

MLS Now

APN: 06-26-011-101-036

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