NOT LISTED FOR SALE

355,365,375 & 385 E 39th St Shadyside, OH 43947

Estimated Value: $181,000 - $216,665

10 Beds
8 Baths
4,836 Sq Ft
$40/Sq Ft Est. Value

Last Sold December 17, 2018

Last sale price $255,000 $53 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $1,248/month

9 Days on Market

Highlights

  • 4 Car Detached Garage
  • Jefferson Avenue Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of December 2018

Two duplexes and one four-car detached garage offered for sale as one package. Located at the corner of Grand Avenue and East 39th Street, these well-maintained duplexes are a perfectly matched set. Brick or brick and vinyl exteriors, with new roof shingles (December 2013, 30-year architectural shingles), high-efficiency gas furnaces (2013 for 3 furnaces), many replacement windows, other windows are original with storms and screens, hardwood floors, these units are as nice as can be. Current Gross Rental Income is $26,400 annually. With expenses ESTIMATED at 30%, your purchase would equal a 6.37 cap rate at the full asking price. Oil and gas rights will not convey. Tenant occupied, so 24-hour notices for all showings observing tenants rights.

Last Agent to Sell the Property

John Sambuco

Harvey Goodman, REALTOR License #2003000901 Listed on: 10/29/2018

Last Buyer's Agent

John Sambuco

Harvey Goodman, REALTOR License #2003000901 Listed on: 10/29/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,724

Year Built

  • Built in 1953

Lot Details

  • 8,799 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 4,836 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 10 Bedrooms

Parking

  • 4 Car Detached Garage
  • Garage Door Opener
  • Assigned Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Buildings
  • 4 Units
  • Shadyside Land Cos 2Nd Add Community

Listing and Financial Details

  • Tenant pays for pays all
  • Assessor Parcel Number 17-01586-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,724

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 52.73
  • Estimated Price per Sq Ft: 52.73
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 4836
  • Year Built: 1953
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1953

Interior Features

  • Total Bedrooms: 10
  • Total Bathrooms: 8.00
  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Basement Detail: Full
  • Sq Ft Approx Above Grade Finished: 4836.00
  • Sq Ft Approx Total Finished: 4836.00

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Assigned/Reserved, Detached, Door Opener, Electric
  • Garage Num Of Cars: 4

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Shadyside Land Cos 2nd Add

Fee Information

  • Op Expenses: 5000.00

Schools

  • School District: Shadyside LSD
  • School District: Shadyside LSD

Lot Info

  • Additional Assessor Parcel Number 1: 17-01587.000
  • Additional Assessor Parcel Number 2: 17-01588.000
  • Lot Size Units: Acres
  • Acres: 0.2020
  • Parcel Number: 17-01586-000

Rental Info

  • Tenant Pays: Pays All

Multi Family

  • Unit Count: 4
  • Gross Income: 26400.00
  • Net Income: 21400.00
  • Num Of Buildings: 2
  • Number of Units: 4
  • Percent Units Occupied: 100

Tax Info

  • Tax: 4724

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2018
Closed on
Dec 11, 2018
Sold by
Shultz Elizabeth and Shultz George
Bought by
Lea Real Estate & Investments Llc
Seller's Agent
John Sambuco
Harvey Goodman, REALTOR
Buyer's Agent
John Sambuco
Harvey Goodman, REALTOR
List Price
$290,000
Sold Price
$255,000
Premium/Discount to List
-$35,000
-12.07%
Total Days on Market
9
Current Estimated Value
$191,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$63,834
Avg. Annual Appreciation
-4.11%
Original Mortgage
$230,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 12, 2001
Bought by
Shultz A George Etal 2

Purchase Details

Closed on
Jan 1, 1986
Sold by
Shultz Shultz A A and Shultz Elizabe
Bought by
Shultz Shultz A and Shultz Elizabe
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
Lea Real Estate & Investments Llc $255,000 None Available
Shultz A George Etal 2 -- --
Shultz Shultz A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lea Real Estate & Investments Llc $776,000
Previous Owner Lea Real Estate & Investments Llc $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2018 12/17/18 Sold $255,000 -12.1% $53 / Sq Ft
11/07/2018 11/07/18 Pending -- -- --
10/29/2018 10/29/18 For Sale $290,000 -- $60 / 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 $2,796 $68,290 $7,580 $60,710
2023 $2,898 $63,940 $6,500 $57,440
2022 $2,897 $63,941 $6,503 $57,438
2021 $2,883 $63,941 $6,503 $57,438
2020 $2,452 $53,290 $5,420 $47,870
2019 $2,517 $53,290 $5,420 $47,870
2018 $2,368 $53,290 $5,420 $47,870
2017 $2,291 $45,470 $5,320 $40,150
2016 $2,295 $45,470 $5,320 $40,150
2015 $2,304 $45,470 $5,320 $40,150
2014 $1,955 $37,750 $4,840 $32,910
2013 $1,590 $36,020 $4,840 $31,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4050083

MLS Now

APN: 17-01586-000