NOT LISTED FOR SALE
6 Beds
2 Baths
3,654 Sq Ft
5,602 Sq Ft Lot

Sale Details

Date Sold: October 13, 2021

Last sale price $66,000 $18 Per Sq Ft

1 Day on Market

Highlights

  • City View
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Shaker Heights High School Rated A
  • Park
  • 1-minute walk to Gridley Triangle Park

About This Home

As of October 2021

Welcome to a Rare Multifamily Investment Opportunity in a Desirable Neighborhood in Lovely Shaker Heights. This Two Family Features two Large 3 Bedrooms Units complete with Formal Dining Rooms, an Unfinished 3rd Floor and a Full Unfinished Basement with Shared Laundry. Electric and Gas, Heating and Hot Water are Separated for each unit. Property had an electrical short in the back bedroom in April 2021 which led to a fire that damaged mainly the rear of the house, however the inside of both units did receive significant smoke damage. Bring this Investment Property back to Life and build equity with this Phenomenal Income Producing 2 Family that will be worth Magnitudes more than the list price once renovated! Located less than a block from Gridley Triangle Park and is near Restaurants, Shopping and Grocery! Showings to start Saturday, July 10th! Cash Only Purchasers for this one. Buyer to Assume Any Point of Sale Violations and House is Being Sold As-Is.

Last Agent to Sell the Property

Victor Duqum

VSD Realty, LLC. License #2012003077 Listed on: 07/07/2021

Last Buyer's Agent

Frank Leo

Howard Hanna License #417966

Howard Hanna
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 5,602 Sq Ft Lot
  • West Facing Home
  • Partially Fenced Property

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2.5-Story Property
  • City Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 736-20-114

Community Details

Overview

  • 2 Units
  • Van Sweringen Companys 22 Community

Amenities

  • Laundry Facilities

Recreation

  • Park

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

5,602 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: West
  • Price Per Square Foot: 26.71
  • Estimated Price per Sq Ft: 26.71
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.50
  • Total Sq Ft: 2471
  • Year Built: 1948
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1948

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full, Unfinished
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2471.00
  • Sq Ft Approx Below Grade Finished: 1183.00
  • Sq Ft Approx Total Finished: 3654.00

Exterior Features

  • View: City View
  • Exterior: Brick
  • Fences: Partial
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

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

Association/Amenities

  • Amenities: Park

Condo/Co-op/Association

  • Subdivision Complex: Van Sweringen Companys 22

Schools

  • School District: Shaker Heights CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1286
  • Parcel Number: 736-20-114

Rental Info

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

Multi Family

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

Tax Info

  • Tax: 6772

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,986
Outstanding Balance
$97,669
Interest Rate
6.81%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jul 7, 2021
Closed on
Oct 11, 2021
Sold by
Bought by
Seller's Agent
Victor Duqum
VSD Realty, LLC.
Buyer's Agent
Frank Leo
Howard Hanna
List Price
$49,500
Sold Price
$66,000
Premium/Discount to List
$16,500
33.33%

Purchase Details

Closed on
Jul 7, 2021
Sold by
Bought by

Purchase Details

Closed on
Aug 23, 2010
Sold by
Bought by

Purchase Details

Closed on
Feb 14, 2008
Sold by
Bought by

Purchase Details

Closed on
Feb 6, 1992
Sold by
Bought by

Purchase Details

Closed on
May 7, 1981
Sold by
Bought by

Purchase Details

Closed on
Jan 1, 1975
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$66,000 Nova Title Agency Inc
-- None Available
-- None Available
-- None Available
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $100,986
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/13/2021 10/13/21 Sold $66,000 +33.3% $18 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
07/10/2021 07/10/21 For Sale $49,500 -- $14 / Sq Ft
Source: MLS Now

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,764 $46,200 $14,630 $31,570
2024 $4,204 $46,200 $14,630 $31,570
2023 $6,568 $23,100 $10,990 $12,110
2022 $6,385 $71,580 $10,990 $60,590
2021 $6,928 $71,580 $10,990 $60,590
2020 $6,607 $65,070 $9,980 $55,090
2019 $6,512 $185,900 $28,500 $157,400
2018 $6,425 $65,070 $9,980 $55,090
2017 $6,569 $62,480 $10,750 $51,730
2016 $6,309 $62,480 $10,750 $51,730
2015 $14,684 $62,480 $10,750 $51,730
2014 $14,684 $56,810 $9,770 $47,040
Source: Public Records

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Map

Source: MLS Now

MLS Number: 4296241

MLS Now

APN: 736-20-114

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