NOT LISTED FOR SALE

327 & 327-1/2 Winckles St Elyria, OH 44035

Estimated Value: $92,000 - $145,000

5 Beds
1 Bath
1,146 Sq Ft
$111/Sq Ft Est. Value

Last Sold August 20, 2024

Last sale price $75,000 $65 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $804/month

12 Days on Market

Highlights

  • Forced Air Heating System
  • East Facing Home
  • Partially Fenced Property

About This Home

As of August 2024

Here is a rare find to have two homes for the price of 1. They have separate parcel numbers but the same address, just identifying the rear home as 327-1/2. If you are an investor, a handyman, or a DIY enthusiast looking for a project for your own interest, this property scenario may be appealing to you whether its a flip, maybe a rental income or to live in & make improvements over time? The front property is spacious, and has two (or three) stories, has 3 bedrooms & a full bath upstairs, a large living room, and formal dining room, nice size rooms throughout, and a full attic to potentially finish for additional living space. Although the rear home needs work, the potential is obvious that this home can be converted into another lucrative income producing property that has a private apartment like feel. It offers 2 bdrms & 1 bath, it's one story, 550 sqft. The mechanicals (Furnace & Hot Water tank are in the basement, accessible only from the outside). There are so many versatile possibilities for this rear house. Consider it for a separate in-law or teen's suite, a private studio, a rental property, or even a guest house. Both properties must be sold together. The properties have potential, they need a lot of work, and are being sold in their As-Is condition. No repairs will be done. But the opportunity for additional income are in your hands.
Buyers are encouraged to do their own due diligence on these properties to get answers for any questions they may have as well.
The front & rear homes share a driveway off of Winckles.

Last Agent to Sell the Property

Karen Mobert

Howard Hanna Brokerage Email: karenmobert@howardhanna.com 440-785-2073 License #2004008160 Listed on: 07/18/2024

Howard Hanna

Co-Listed By

Bob Finch

Howard Hanna Brokerage Email: karenmobert@howardhanna.com 440-785-2073 License #2001019426

Last Buyer's Agent

Jenna Bowman

Howard Hanna License #2019000662

Howard Hanna

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • East Facing Home
  • Partially Fenced Property
  • Wood Fence
  • 06-25-016-108-027

Home Design

  • Fixer Upper
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,146 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Laundry in Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Full Bathroom

Parking

  • Gravel Driveway
  • Shared Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 06-25-016-108-026

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1900
  • Attribution Contact: karenmobert@howardhanna.com 440-785-2073
  • ResoLotFeatures: See Remarks
  • Co List Office Phone: 440-365-8392
  • ResoSpecialListingConditions: Estate
  • Above Grade Finished Sq Ft: 1146.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Reso Property Condition: Fixer
  • Tax Year: 2023
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Other, Concrete, Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Partial, Wood
  • Acres: 0.17
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Direction Faces: East

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel, Shared Driveway

Utilities

  • LaundryFeatures: In Basement
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Elyria CSD - 4706

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 06-25-016-108-026
  • Additional Parcels Description: 06-25-016-108-027
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2420.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2024
Closed on
Aug 19, 2024
Sold by
Chatham Investments Llc
Bought by
Iron Buck Properties Llc
Seller's Agent
Karen Mobert
Howard Hanna
Buyer's Agent
Jenna Bowman
Howard Hanna
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%
Views
45
Current Estimated Value
$127,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,677
Avg. Annual Appreciation
47.04%

Purchase Details

Closed on
May 29, 2024
Sold by
Chatham Investments Incorporated
Bought by
Chatham Investments Llc
Source: Public Records
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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
Iron Buck Properties Llc $75,000 Fidelity National Title
Chatham Investments Llc -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2024 08/20/24 Sold $75,000 -11.8% $65 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
07/19/2024 07/19/24 For Sale $85,000 -- $74 / Sq Ft
Source: MLS Now (Howard Hanna)

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 $1,647 $33,975 $4,368 $29,607
2023 $1,634 $28,389 $6,265 $22,124
2022 $1,580 $28,389 $6,265 $22,124
2021 $1,584 $28,389 $6,265 $22,124
2020 $1,522 $24,290 $5,360 $18,930
2019 $1,513 $24,290 $5,360 $18,930
2018 $1,411 $24,290 $5,360 $18,930
2017 $1,306 $20,050 $5,590 $14,460
2016 $1,289 $20,050 $5,590 $14,460
2015 $1,210 $20,050 $5,590 $14,460
2014 $1,184 $19,850 $5,530 $14,320
2013 $1,173 $19,850 $5,530 $14,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 5039233

MLS Now (Howard Hanna)

APN: 06-25-016-108-026