NOT LISTED FOR SALE

Estimated Value: $1,294,000 - $1,677,000

3 Beds
4 Baths
3,176 Sq Ft
$483/Sq Ft Est. Value

Last Sold September 29, 2015

Last sale price $900,000 $283 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $9,165/month

109 Days on Market

Highlights

  • English Cottage Architecture
  • Loft
  • Beamed Ceilings
  • Attic
  • High Ceiling
  • Storage Room

About This Home

As of September 2015

Oakland City Historic Landmark Part of 20 Mule Team Fame Franksmith "Borax King" Designed by renowned architect George W. Flick. The main home has two adjacent side structures used in the past as either studios or small business operations. This home is part of the Cleveland Heights Neighborhood near the Bella Vista Park, Smith Park and Park Blvd. Plaza.

Last Agent to Sell the Property

John Donahue

Coldwell Banker Realty License #00577514 Listed on: 06/12/2015

Coldwell Banker Realty

Last Buyer's Agent

Mei Lin Liu

Meilin Liu, Broker License #01070607

Property Details

Home Type

  • Multi-Family

Year Built

  • 1930

Lot Details

  • 5,227 Sq Ft Lot
  • Mostly Level

Parking

  • No Garage

Home Design

  • Triplex
  • English Cottage Architecture
  • Brick Foundation
  • Raised Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shake Roof
  • Wood Shingle Roof

Interior Spaces

  • 3,176 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Loft
  • Storage Room
  • Washer and Dryer
  • Attic

Utilities

  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $84,000

Community Details

Overview

  • 3,176 Sq Ft Building

Building Details

  • Insurance Expense $1,756
  • Maintenance Expense $1,150
  • Utility Expense $359
  • Operating Expense $12,367
  • Gross Income $79,800

Property Details

Home Type

Multi-Family

Year Built

1930

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Zoning: R-30
  • Subclass: Triplex
  • Style: Country English
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3176
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Kitchen: Appliances - Vary By Unit
  • Living Sq Ft: 3176
  • Stories: 2
  • Laundry: Washer/Dryer - Some Units
  • Additional Rooms: Attic, Loft, Storage

Exterior Features

  • Foundation: Brick / Mortar Perimeter, Concrete Slab, Raised
  • Roof: Shake, Wood Shakes / Shingles
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: No Garage

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling

Schools

  • High School: 27148

Lot Info

  • Lot Description: Grade - Mostly Level
  • Lot Acres: 0.1200
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5223.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5223.00

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 10.70

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1756
  • Expense Maintenance: 1150
  • Expenses Total: 12367
  • Expenses Utility: 359
  • Income Annual Gross: 79800.00
  • Income Annual Rental: 84000
  • Income Gross Scheduled: 84000
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 3
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Sewer
  • Vacancy Factor: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2023
Sold by
Liu Meilin
Bought by
Meilin Liu Irrevocable Living Trust
Current Estimated Value
$1,535,214

Purchase Details

Closed on
Aug 19, 2016
Sold by
Park Family Investment Llc
Bought by
Liu Meilin

Purchase Details

Listed on
Jun 12, 2015
Closed on
Sep 11, 2015
Sold by
Aviel Simon David and 2006 Aviel Family Trust
Bought by
Park Family Investment Llc
Seller's Agent
John Donahue
Coldwell Banker Realty
Buyer's Agent
Mei Lin Liu
Meilin Liu, Broker
List Price
$899,000
Sold Price
$900,000
Premium/Discount to List
$1,000
0.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.27%

Purchase Details

Closed on
Jun 25, 2011
Sold by
Aviel Joann B
Bought by
Bodel Aviel Simon David and Bodel Aviel Joann

Purchase Details

Closed on
Oct 12, 2009
Sold by
Bodell Aviel Simon David and Bodell Aviel Joann
Bought by
Aviel Joann B

Purchase Details

Closed on
Feb 17, 2009
Sold by
Aviel Simon David and 2006 Aviel Family Trust
Bought by
Bodeli Aviel Simon David and Bodeli Aviel Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.02%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 7, 2008
Sold by
Wilson Lowery Veronica
Bought by
Aviel Simon David and The 2006 Aviel Family Trust

Purchase Details

Closed on
Oct 23, 2006
Sold by
Lowery Jasper
Bought by
Wilson Lowery Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2006
Sold by
Wilson Cecelia
Bought by
Wilson Lowery Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 1998
Sold by
Ngdavid C and Ngdavid Wun L
Bought by
Wilson Cecelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,937
Interest Rate
6.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 27, 1995
Sold by
Ng David Chun Sau and Ng Wun Lee
Bought by
Ng David Chun Sau and Ng Wun Lee

Purchase Details

Closed on
Jan 11, 1994
Sold by
Hemme Partnership
Bought by
Ng David Chun Sau and Ng Wun Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
7.19%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
Meilin Liu Irrevocable Living Trust -- None Listed On Document
Liu Meilin -- None Available
Park Family Investment Llc $900,000 Fidelity National Title Co
Bodel Aviel Simon David -- Accommodation
Aviel Joann B -- None Available
Bodeli Aviel Simon David -- Fidelity National Title Co
Aviel Simon David $401,000 None Available
Wilson Lowery Veronica -- Chicago Title Co
Wilson Lowery Veronica -- None Available
Wilson Cecelia $299,500 Fidelity National Title Co
Ng David Chun Sau -- --
Ng David Chun Sau $195,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bodeli Aviel Simon David $250,000
Previous Owner Wilson Lowery Veronica $750,000
Previous Owner Wilson Cecelia $29,937
Previous Owner Ng David Chun Sau $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2015 09/29/15 Sold $900,000 +0.1% $283 / Sq Ft
09/29/2015 09/29/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $899,000 -- $283 / Sq Ft
Source: MLSListings

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
2025 $15,085 $1,065,392 $319,617 $745,775
2024 $15,085 $1,044,503 $313,351 $731,152
2023 $15,916 $1,024,028 $307,208 $716,820
2022 $15,553 $1,003,950 $301,185 $702,765
2021 $14,998 $984,266 $295,280 $688,986
2020 $14,835 $974,177 $292,253 $681,924
2019 $14,359 $955,080 $286,524 $668,556
2018 $14,057 $936,360 $280,908 $655,452
2017 $13,550 $918,000 $275,400 $642,600
2016 $13,180 $900,000 $270,000 $630,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81470175

MLSListings

APN: 023-0403-013-00

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