NOT LISTED FOR SALE

Estimated Value: $86,000 - $150,988

4 Beds
2 Baths
3,131 Sq Ft
$37/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $82,000 $26 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $688/month

54 Days on Market

Highlights

  • Direct Access Garage
  • Forced Air Heating System
  • Laundry Facilities

About This Home

As of November 2021

This 2 family is a stellar investment property as both units are already occupied, which takes most of the stress off of the next owner. Each updated unit features a living room, dining room, kitchen, 2 bedrooms, full bath, and nice front porch for your tenant’s enjoyment. All appliances stay. Newer hot water tanks and furnaces. All the expensive things have been done for you! Nice size rooms. Low taxes. Property is in good condition and has passed both city inspections, and CMHA inspections. Total rents are $1,225 with the potential of going to $1,350.

SELLER HAS OTHER PROPERTIES FOR SALE AND WOULD PREFER TO SELL THEM AS A PACKAGE.

Last Agent to Sell the Property

Carolyn Swoope

C. Ryan's Realty, LLC. License #2013002480 Listed on: 07/29/2021

Last Buyer's Agent

Tony Parra

Epique Realty License #2015001967

Epique Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $575

Year Built

  • Built in 1917

Lot Details

  • 3,642 Sq Ft Lot

Parking

  • Direct Access Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 129-18-016

Community Details

Overview

  • 2 Units
  • Rice Homestead Allotment Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$575

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 39.18
  • Estimated Price per Sq Ft: 39.18
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2093
  • Year Built: 1917
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1917

Interior Features

  • Appliances Equipment: Range, Refrigerator
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full, Unfinished
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2093.00
  • Sq Ft Approx Below Grade Finished: 1038.00
  • Sq Ft Approx Total Finished: 3131.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Garage Features: Access from Unit

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Rice Homestead Allotment

Schools

  • School District: Cleveland Municipal

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.0836
  • Parcel Number: 129-18-016

Rental Info

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

Multi Family

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

Tax Info

  • Tax: 575

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Nov 12, 2021
Sold by
Dafremi Invest Llc
Bought by
Teo Legacy Llc
Seller's Agent
Carolyn Swoope
C. Ryan's Realty, LLC.
Buyer's Agent
Tony Parra
Epique Realty
List Price
$80,000
Sold Price
$82,000
Premium/Discount to List
$2,000
2.5%
Current Estimated Value
$114,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,497
Avg. Annual Appreciation
8.87%

Purchase Details

Closed on
Feb 26, 2018
Sold by
Anderson Beverly J
Bought by
Sbar Holdings Llc

Purchase Details

Closed on
Feb 13, 2018
Sold by
Sbar Holdings Llc
Bought by
Dafremi Invest Llc

Purchase Details

Closed on
Aug 31, 2007
Sold by
Deutsche National Trust Co
Bought by
Anderson William T

Purchase Details

Closed on
May 24, 2007
Sold by
Williams Stacey
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Jan 13, 2006
Sold by
Ohio Housing Network Llc
Bought by
Williams Stacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.42%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 20, 2005
Sold by
Key Bank Usa Na
Bought by
Ohio Housing Network Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,450
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2004
Sold by
Witherspoon Gail P
Bought by
Keybank Usa Na

Purchase Details

Closed on
May 3, 2001
Sold by
Estate Of Robert Reynolds
Bought by
Reynolds Georgia M

Purchase Details

Closed on
Apr 27, 2001
Sold by
Reynolds Georgia M
Bought by
Witherspoon Gail P

Purchase Details

Closed on
Feb 17, 2001
Sold by
Reynolds Georgia M
Bought by
Reynolds Georgia M

Purchase Details

Closed on
Aug 2, 1989
Bought by
Reynolds Robert L

Purchase Details

Closed on
Mar 25, 1980
Sold by
Russell William A
Bought by
Washington Gail P

Purchase Details

Closed on
Aug 19, 1976
Sold by
Russell William A and Russell Jack P
Bought by
Russell William A

Purchase Details

Closed on
Dec 1, 1975
Sold by
Ruscsak Mary
Bought by
Russell William A and Russell Jack P

Purchase Details

Closed on
Jan 1, 1975
Bought by
Ruscsak Mary
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
Teo Legacy Llc $82,000 Chicago Title Insurance C
Sbar Holdings Llc $11,000 Northern Title Agcy Inc
Dafremi Invest Llc $57,000 Havefield Title Agency
Anderson William T $15,000 Landcastle Title
Deutsche Bank National Trust Co $23,334 Attorney
Williams Stacey $90,000 Southeast Equity
Ohio Housing Network Llc $36,101 --
Keybank Usa Na $45,334 Attorney
Reynolds Georgia M -- --
Witherspoon Gail P -- --
Reynolds Georgia M -- --
Reynolds Robert L -- --
Washington Gail P -- --
Russell William A $22,000 --
Russell William A -- --
Ruscsak Mary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Stacey $72,000
Previous Owner Ohio Housing Network Llc $62,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2021 11/22/21 Sold $82,000 +2.5% $26 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $80,000 -- $26 / 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 $1,058 $15,820 $3,430 $12,390
2023 $562 $7,250 $2,000 $5,250
2022 $559 $7,250 $2,000 $5,250
2021 $554 $7,250 $2,000 $5,250
2020 $548 $6,200 $1,720 $4,480
2019 $507 $17,700 $4,900 $12,800
2018 $639 $6,200 $1,720 $4,480
2017 $779 $9,210 $2,100 $7,110
2016 $773 $9,210 $2,100 $7,110
2015 $862 $9,210 $2,100 $7,110
2014 $862 $10,230 $2,350 $7,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4302589

MLS Now

APN: 129-18-016