NOT LISTED FOR SALE

3503 Moon Rd Unit 3505 Avon, OH 44011

Estimated Value: $496,000 - $514,000

6 Beds
4 Baths
3,412 Sq Ft
$149/Sq Ft Est. Value

Last Sold March 18, 2020

Last sale price $280,000 $82 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,278/month

17 Days on Market

Highlights

  • 1.13 Acre Lot
  • Wooded Lot
  • Central Air
  • Avon Heritage South Elementary School Rated A
  • 2 Car Direct Access Garage
  • Baseboard Heating

About This Home

As of March 2020

Hard to find, 2-family rental property in Avon! Set back from the street, on an expansive lot, you'll find this large house with two units, each with a one-car attached garage. Smaller unit is rented and larger unit is open and waiting for a new tenant or owner. Larger unit (#3505)has open concept living/dining as well as a family room area, kitchen, 1/2 bath and laundry room. Upstairs you'll find 3 bedrooms and a full family bath. Total square footage is 2,000 for this unit. The second unit(#3503) also has an open living/dining room space with galley kitchen and a 1/2 bath. The 3 bedrooms and full bath are found upstairs. This unit totals 1,412 sq ft. Both units have patios and doors that access the huge, tree-filled yard that also includes a storage shed. Carpets have just been replaced throughout the home(2019), larger unit (3505) interior is freshly painted (2019), driveway, roof & gutters updated (2018) and newer heat pumps installed for both units (2014). Some areas can still be updated or leave as is and start renting out right away. Don't miss this great investment opportunity priced well below market value!

Last Agent to Sell the Property

Melissa Porcelli

Keller Williams Citywide License #2016005000 Listed on: 12/31/2019

Keller Williams Citywide

Last Buyer's Agent

Melissa Porcelli

Keller Williams Citywide License #2016005000 Listed on: 12/31/2019

Keller Williams Citywide

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,303

Year Built

  • Built in 1978

Lot Details

  • 1.13 Acre Lot
  • West Facing Home
  • Wooded Lot

Parking

  • 2 Car Direct Access Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 3,412 Sq Ft Home
  • 2-Story Property

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System
  • Baseboard Heating
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Avon Township Sec 2 Community

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas, heating, trash collection
  • Assessor Parcel Number 04-00-002-102-058

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,303

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: West
  • Price Per Square Foot: 82.06
  • Estimated Price per Sq Ft: 82.06
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 3412
  • Year Built: 1978
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1978

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 6
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Sq Ft Approx Above Grade Finished: 3412.00
  • Sq Ft Approx Total Finished: 3412.00

Exterior Features

  • Exterior: Brick, Stucco, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Access from Unit, Attached
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Electric, Gas
  • Heating Type: Baseboard, Heat Pump
  • Water/Sewer: Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Avon Township Sec 2

Schools

  • School District: Avon LSD
  • School District: Avon LSD

Lot Info

  • Lot Description: Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 1.1300
  • Parcel Number: 04-00-002-102-058

Rental Info

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

Multi Family

  • Unit Count: 2
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 50

Tax Info

  • Tax: 4303

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2019
Closed on
Mar 11, 2020
Sold by
Basinski Benjamin P and Basinski Matthew John
Bought by
Leimkuehler Paul E
Seller's Agent
Melissa Porcelli
Keller Williams Citywide
Buyer's Agent
Melissa Porcelli
Keller Williams Citywide
List Price
$295,000
Sold Price
$280,000
Premium/Discount to List
-$15,000
-5.08%
Current Estimated Value
$506,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,825
Avg. Annual Appreciation
10.83%
Original Mortgage
$210,000
Outstanding Balance
$187,970
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$302,933

Purchase Details

Closed on
Nov 12, 2008
Sold by
Moldovan Richard J and Itano Andrea
Bought by
Basinski Benjamin P and Basinski Matthew John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 2003
Sold by
Moldovan Amelia E Trustee
Bought by
Moldovan Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
5.37%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Leimkuehler Paul E $280,000 None Available
Basinski Benjamin P $165,000 Real Living Title Agency Ltd
Moldovan Richard J $217,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leimkuehler Paul E $210,000
Previous Owner Basinski Benjamin P $106,000
Previous Owner Basinski Benjamin P $123,750
Previous Owner Moldovan Richard J $217,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2020 03/18/20 Sold $280,000 -5.1% $82 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
12/31/2019 12/31/19 For Sale $295,000 -- $86 / 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 $6,263 $124,523 $28,700 $95,823
2023 $4,784 $84,522 $24,416 $60,106
2022 $4,740 $84,522 $24,416 $60,106
2021 $4,749 $84,522 $24,416 $60,106
2020 $4,390 $73,310 $21,180 $52,130
2019 $4,304 $73,310 $21,180 $52,130
2018 $4,249 $77,970 $21,180 $56,790
2017 $3,828 $65,450 $18,070 $47,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4157846

MLS Now

APN: 04-00-002-102-058