NOT LISTED FOR SALE

261 E 250th St Euclid, OH 44132

Estimated Value: $81,000 - $131,000

4 Beds
2 Baths
952 Sq Ft
$110/Sq Ft Est. Value

Last Sold July 26, 2022

Last sale price $123,400 $130 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $686/month

20 Days on Market

About This Home

As of July 2022

Side by side duplex. Sale includes both 261 & 263 E 250th. Each side is it's own parcel & commands a premium amount of rent. Email agent for rent roll & video tour along with complete investment analysis, drone footage, information on the mechanical systems of the building and information on Cleveland's new lead paint ordinance that all landlords must abide by. Do not disturb the tenants. Professional property management available. Local & out of state investors welcome!

Last Agent to Sell the Property

James Wise

The Holton-Wise Property Group LLC License #2015001161 Listed on: 04/28/2022

Last Buyer's Agent

John Fitch

Market First Real Estate Services License #2001001517

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,668

Year Built

  • Built in 1944

Lot Details

  • 3,511

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • 2-Story Property
  • 3,511 Sq Ft Lot

Community Details

  • 2 Units
  • Euclid Homes Colony 01 Community

Listing and Financial Details

  • Assessor Parcel Number 644-10-044

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,668

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Year Built: 1944
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1944

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2

Exterior Features

  • Exterior: Brick
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Num Of Cars: 1

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Euclid Homes Colony 01

Schools

  • School District: Euclid CSD
  • School District: Euclid CSD

Lot Info

  • Additional Assessor Parcel Number 1: 644-10-045
  • Lot Size Units: Acres
  • Acres: 0.0806
  • Parcel Number: 644-10-044

Multi Family

  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1668

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Jul 20, 2022
Sold by
Hines and Marcella
Bought by
Zahn Chad
Seller's Agent
James Wise
The Holton-Wise Property Group LLC
Buyer's Agent
John Fitch
Market First Real Estate Services
List Price
$124,900
Sold Price
$123,400
Premium/Discount to List
-$1,500
-1.2%
Current Estimated Value
$104,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,546
Avg. Annual Appreciation
-9.97%
Original Mortgage
$46,275
Outstanding Balance
$44,617
Interest Rate
5.78%
Mortgage Type
Balloon
Estimated Equity
$43,850

Purchase Details

Listed on
May 17, 2019
Closed on
Jul 31, 2019
Sold by
Bainbridge Glenn
Bought by
Hines Christopher
Seller's Agent
Cheryl Maggard
Deleted Agent
Buyer's Agent
James Wise
The Holton-Wise Property Group LLC
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.17%
Original Mortgage
$38,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2000
Sold by
Schembre Carmen G and Schembre Ann M
Bought by
Shikner James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
7.99%

Purchase Details

Closed on
Nov 27, 1987
Sold by
Joan A David
Bought by
Schembre Carmen G

Purchase Details

Closed on
May 1, 1981
Sold by
David David J J
Bought by
Joan A David

Purchase Details

Closed on
May 13, 1976
Sold by
Sirl Richard P
Bought by
David David J

Purchase Details

Closed on
Jan 1, 1975
Bought by
Sirl Richard P
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
Zahn Chad $61,700 Chicago Title
Hines Christopher $47,500 Black Tie Title
Shikner James $60,000 --
Schembre Carmen G $39,900 --
Joan A David -- --
David David J $25,900 --
Sirl Richard P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zahn Chad $46,275
Previous Owner Hines Christopher $38,000
Previous Owner Shikner James $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2022 07/26/22 Sold $123,400 -1.2% $130 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
05/14/2022 05/14/22 For Sale $124,900 +1.2% $131 / Sq Ft
04/28/2022 04/28/22 Off Market $123,400 -- --
04/28/2022 04/28/22 For Sale $129,900 +36.7% $136 / Sq Ft
08/02/2019 08/02/19 Sold $95,000 -4.9% $33 / Sq Ft
06/02/2019 06/02/19 Pending -- -- --
05/17/2019 05/17/19 For Sale $99,900 +110.3% $35 / Sq Ft
09/10/2018 09/10/18 Sold $47,500 -5.0% $33 / Sq Ft
08/08/2018 08/08/18 Pending -- -- --
08/08/2018 08/08/18 For Sale $49,995 0.0% $35 / Sq Ft
07/31/2018 07/31/18 Pending -- -- --
07/26/2018 07/26/18 For Sale $49,995 -- $35 / 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 $1,586 $21,595 $6,860 $14,735
2023 $1,532 $16,630 $5,180 $11,450
2022 $1,499 $16,630 $5,180 $11,450
2021 $1,668 $16,630 $5,180 $11,450
2020 $1,859 $17,080 $4,480 $12,600
2019 $1,671 $48,800 $12,800 $36,000
2018 $1,686 $17,080 $4,480 $12,600
2017 $1,727 $14,600 $3,710 $10,890
2016 $1,731 $14,600 $3,710 $10,890
2015 $1,583 $14,600 $3,710 $10,890
2014 $1,583 $14,600 $3,710 $10,890
Source: Public Records

Agents Affiliated with this Home

  • James Wise

    Seller's Agent in 2022

    James Wise

    The Holton-Wise Property Group LLC

    (216) 661-6633

    12 in this area

    381 Total Sales

    James Wise
    Section Image
  • John Fitch

    Buyer's Agent in 2022

    John Fitch

    Market First Real Estate Services

    (440) 213-6556

    7 in this area

    165 Total Sales

    John Fitch
    Section Image

  • C

    Seller's Agent in 2019

    Cheryl Maggard

    Deleted Agent

    Section Image

  • R

    Seller's Agent in 2018

    Rebecca Schramm

    Deleted Agent

    Section Image
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Map

Source: MLS Now

MLS Number: 4368255

MLS Now

APN: 644-10-044

Ohio Cuyahoga County Euclid 44123

261 E 250th St, Euclid, OH

This home is located at 261 E 250th St, Euclid, OH 44132 since 28 April 2022 and is currently estimated at $104,854, approximately $110 per square foot. This property was built in 1944. 261 E 250th St is a home located in Cuyahoga County with nearby schools including Shoreview Elementary School, Euclid High School, and Ss. Robert & William Catholic 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.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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