NOT LISTED FOR SALE

327 4th St Elyria, OH 44035

Estimated Value: $107,000 - $171,000

3 Beds
2 Baths
2,211 Sq Ft
$57/Sq Ft Est. Value

Last Sold November 09, 2022

Last sale price $62,000 $28 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $800/month

7 Days on Market

About This Home

As of November 2022

Investment opportunity - Fully rented multi-family home. Home is in the historic district and subject to certain regulations regarding updates/repairs. Two long term tenants that pay on time right in the heart of an up and coming downtown. The first floor unit has 1 bedroom, front living room and formal "dining" area but has been used as a living room. Wood floors throughout, full bath and access to the basement. Laundry is located in the kitchen. Second floor unit has 2 bedrooms, access to the attic, a living room, kitchen, and full bath.

Last Agent to Sell the Property

Andrea Repko

Russell Real Estate Services License #2017004469 Listed on: 10/07/2022

Russell Real Estate Services

Last Buyer's Agent

James Wise

The Holton-Wise Property Group LLC License #2015001161

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,100

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • South Facing Home

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,211 Sq Ft Home
  • 2-Story Property
  • Laundry in unit
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable/electric link
  • The owner pays for electric, gas, heating, sewer, trash collection, water
  • Assessor Parcel Number 06-26-049-000-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,100

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: South
  • Price Per Square Foot: 28.04
  • Estimated Price per Sq Ft: 28.04
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2211
  • Year Built: 1900
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Unfinished
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2211.00
  • Sq Ft Approx Total Finished: 2211.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Utilities

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

Schools

  • School District: Elyria CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1200
  • Parcel Number: 06-26-049-000-014

Rental Info

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

Multi Family

  • Unit Count: 2
  • Gross Income: 13800.00
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Nov 8, 2022
Sold by
Deery Laura
Bought by
Portela Caden
Seller's Agent
Andrea Repko
Russell Real Estate Services
Buyer's Agent
James Wise
The Holton-Wise Property Group LLC
List Price
$64,900
Sold Price
$62,000
Premium/Discount to List
-$2,900
-4.47%
Views
12
Current Estimated Value
$125,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,184
Avg. Annual Appreciation
25.26%

Purchase Details

Closed on
Nov 17, 1998
Sold by
Three S & D
Bought by
Deery James A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Portela Caden $62,000 --
Deery James A $60,000 Great Lakes Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2022 11/09/22 Sold $62,000 -4.5% $28 / Sq Ft
10/14/2022 10/14/22 Pending -- -- --
10/07/2022 10/07/22 For Sale $64,900 -- $29 / 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 $1,729 $35,161 $5,152 $30,009
2023 $1,096 $19,481 $2,986 $16,496
2022 $1,084 $19,481 $2,986 $16,496
2021 $1,087 $19,481 $2,986 $16,496
2020 $1,120 $17,860 $2,740 $15,120
2019 $1,113 $17,860 $2,740 $15,120
2018 $572 $17,860 $2,740 $15,120
2017 $1,122 $17,220 $2,580 $14,640
2016 $1,107 $17,220 $2,580 $14,640
2015 $1,039 $17,220 $2,580 $14,640
2014 $1,027 $17,220 $2,580 $14,640
2013 $1,018 $17,220 $2,580 $14,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4414853

MLS Now

APN: 06-26-049-000-014