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

Sale Details

Date 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

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,035

Year Built

  • Built in 1923

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • Driveway

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

6,970 Sq Ft Lot

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

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
Mar 9, 2022
Closed on
Dec 5, 2022
Sold by
Bought by
Seller's Agent
Brandi Peyatt
Russell Real Estate Services
Buyer's Agent
Michael Ferrante
LPT Realty
List Price
$194,000
Sold Price
$131,250
Premium/Discount to List
-$62,750
-32.35%
Views
7

Purchase Details

Closed on
Mar 25, 2021
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
$79,125
Interest Rate
2.73%
Mortgage Type
Commercial

Purchase Details

Closed on
May 27, 2011
Sold by
Bought by

Purchase Details

Closed on
May 18, 1998
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
$58,800
Interest Rate
9.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 31, 1983
Sold by
Bought by

Purchase Details

Closed on
Oct 15, 1979
Sold by
Bought by

Purchase Details

Closed on
Apr 12, 1979
Sold by
Bought by

Purchase Details

Closed on
Jan 1, 1975
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$131,250 None Listed On Document
$92,000 Infinity Title
$23,000 Newman Title
$73,500 Guardian Title
-- Guardian Title
$45,000 --
-- --
-- --
-- --
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
Previous Owner $79,125
Previous Owner $84,000
Previous Owner $59,800
Previous Owner $58,800
Previous Owner $27,000
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
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

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
2025 $3,337 $32,200 $1,855 $30,345
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

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Map

Source: MLS Now

MLS Number: 4354279

MLS Now
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