NOT LISTED FOR SALE

350 4th St Elyria, OH 44035

Estimated Value: $148,000 - $208,000

6 Beds
5 Baths
2,799 Sq Ft
$62/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $110,000 $39 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,130/month

6 Days on Market

About This Home

As of June 2021

4 units in the main house plus a separate cottage. All units are occupied and on a month to month agreement. Showings only after accepted purchase agreement. Many updates in the past 8 years.

Last Agent to Sell the Property

Michael Hignett

Northern Ohio Realty License #2014000042 Listed on: 04/09/2021

Last Buyer's Agent

Michael Hignett

Northern Ohio Realty License #2014000042 Listed on: 04/09/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,874

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Unpaved Streets

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,799 Sq Ft Home
  • 2-Story Property
  • Range
  • Unfinished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 06-26-046-000-006

Community Details

Overview

  • 2 Buildings
  • 5 Units

Amenities

  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,874

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Price Per Square Foot: 39.30
  • Estimated Price per Sq Ft: 39.30
  • Year Built Exception: Not Verifiable
  • Num Of Stories: 2.00
  • Total Sq Ft: 2799
  • Year Built: 1900
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Appliances Equipment: Range, Refrigerator
  • Total Bedrooms: 6
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Basement Detail: Unfinished
  • Sq Ft Approx Above Grade Finished: 2799.00
  • Sq Ft Approx Total Finished: 2799.00

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

  • LaundryFeatures: None
  • Cooling Type: Wall Unit(s)
  • Heating Fuel: Electric, Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Elyria CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1100
  • Parcel Number: 06-26-046-000-006

Rental Info

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

Multi Family

  • Unit Count: 4
  • Gross Income: 2335.00
  • Num Of Buildings: 2
  • Number of Units: 5
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1874

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2022
Sold by
Ck Property Holdings Llc
Bought by
Rhc Properties Llc
Current Estimated Value
$172,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.92%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 9, 2021
Closed on
Jun 28, 2021
Sold by
Robey Deborah A
Bought by
Ck Property Holdings Llc
Seller's Agent
Michael Hignett
Northern Ohio Realty
Buyer's Agent
Michael Hignett
Northern Ohio Realty
List Price
$140,000
Sold Price
$110,000
Premium/Discount to List
-$30,000
-21.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.61%
Original Mortgage
$82,500
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 16, 2012
Closed on
Mar 13, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Robey Deborah A
Seller's Agent
Dawn Doleh
Deleted Agent
Buyer's Agent
Tari Bedocs
Deleted Agent
List Price
$8,300
Sold Price
$21,509
Premium/Discount to List
$13,209
159.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.18%

Purchase Details

Closed on
Oct 27, 2011
Sold by
Jpmorgan Chase Bank National Association
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Oct 18, 2011
Sold by
Arthurs Eugene F
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
May 1, 2008
Sold by
New Haven Services Llc
Bought by
Arthurs Eugene F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,763
Interest Rate
5.88%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 2006
Sold by
Wells Kenneth M and Wells Linda F
Bought by
New Haven Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,920
Interest Rate
8.88%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 28, 1998
Sold by
Kapronica Joanne
Bought by
Wells Christopher M
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
Rhc Properties Llc $160,000 New Title Company Name
Ck Property Holdings Llc $110,000 Miller Home Title
Robey Deborah A $21,509 Lakeside Title & Escrow Agen
Secretary Of Housing & Urban Development -- None Available
Jpmorgan Chase Bank National Association $44,000 None Available
Arthurs Eugene F $125,800 Attorney
New Haven Services Llc $114,900 Truetitle Agency Inc
Wells Christopher M $26,000 Midland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rhc Properties Llc $160,000
Previous Owner Ck Property Holdings Llc $82,500
Previous Owner Arthurs Eugene F $124,763
Previous Owner New Haven Services Llc $91,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2021 06/30/21 Sold $110,000 -21.4% $39 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $140,000 +550.9% $50 / Sq Ft
03/16/2012 03/16/12 Sold $21,509 +159.1% $8 / Sq Ft View Prior Sale
02/21/2012 02/21/12 Pending -- -- --
02/16/2012 02/16/12 For Sale $8,300 -- $3 / 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 $2,676 $55,199 $4,830 $50,369
2023 $1,820 $32,596 $2,804 $29,792
2022 $1,813 $32,596 $2,804 $29,792
2021 $1,818 $32,596 $2,804 $29,792
2020 $1,967 $29,880 $2,570 $27,310
2019 $1,864 $29,880 $2,570 $27,310
2018 $1,938 $29,880 $2,570 $27,310
2017 $1,935 $30,850 $2,420 $28,430
2016 $1,923 $30,850 $2,420 $28,430
2015 $1,861 $30,850 $2,420 $28,430
2014 $1,931 $30,850 $2,420 $28,430
2013 $1,824 $30,850 $2,420 $28,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4270152

MLS Now

APN: 06-26-046-000-006