NOT LISTED FOR SALE
8 Beds
4 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold December 12, 2022

Last sale price $131,250

185 Days on Market

Highlights

  • City View
  • Forced Air Heating System
  • Laundry Facilities

About This Home

As of December 2022

Fantastic Investment opportunity on Cleveland East Side. All (4) units occupied, rent total $2,732 per month. Near parks, shopping, schools and public transportation. Easy access to University Circle and Public transportation.
This Is 2 Multi Family Homes On Same Lot - 4 Units Total. All Units Have 2 Beds / 1Bath And Laundry Access In Each Building.

Last Agent to Sell the Property

Brandi Peyatt

Russell Real Estate Services License #2019000533 Listed on: 03/09/2022

Russell Real Estate Services

Last Buyer's Agent

Michael Ferrante

LPT Realty License #2019005741

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,035

Year Built

  • Built in 1923

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • City Views
  • Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 129-25-088

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Rice Heights Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,035

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Year Built: 1923
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1923

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Detail: Common
  • Laundry: 2

Exterior Features

  • View: City View
  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Rice Heights

Schools

  • School District: Cleveland Municipal

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1600
  • Parcel Number: 129-25-088

Rental Info

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

Multi Family

  • Gross Income: 2732.00
  • Num Of Buildings: 2
  • Number of Units: 4
  • Percent Units Occupied: 100

Tax Info

  • Tax: 2035

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

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2022 12/12/22 Sold $131,250 -18.0% --
09/10/2022 09/10/22 Pending -- -- --
09/02/2022 09/02/22 Price Changed $160,000 -17.5% --
06/29/2022 06/29/22 For Sale $194,000 0.0% --
06/10/2022 06/10/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $194,000 0.0% --
05/18/2022 05/18/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $194,000 0.0% --
04/28/2022 04/28/22 Pending -- -- --
04/18/2022 04/18/22 Price Changed $194,000 -2.5% --
03/23/2022 03/23/22 For Sale $199,000 0.0% --
03/14/2022 03/14/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $199,000 -- --
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 $3,324 $32,200 $1,855 $30,345
2023 $3,217 $32,210 $2,070 $30,140
2022 $2,029 $20,340 $2,070 $18,270
2021 $2,035 $20,340 $2,070 $18,270
2020 $1,889 $18,170 $1,860 $16,310
2019 $1,778 $51,900 $5,300 $46,600
2018 $867 $18,170 $1,860 $16,310
2017 $2,023 $19,920 $4,130 $15,790
2016 $2,024 $19,920 $4,130 $15,790
2015 $2,397 $19,920 $4,130 $15,790
2014 $2,397 $23,700 $4,900 $18,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4354279

MLS Now