NOT LISTED FOR SALE

Estimated Value: $200,029

4 Beds
5 Baths
2,909 Sq Ft
$69/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $199,000 $68 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,286/month

5 Days on Market

Highlights

  • Window Unit Cooling System
  • Forced Air Heating System
  • East Facing Home
  • Shops
  • 1 Car Garage
  • Partially Fenced Property

About This Home

As of June 2024

Perfect opportunity for an experienced investor to cash flow or a small business owner that would like to live and work in the same building. This well cared for and recently renovated building is an opportunity not to miss. Most of the heavy lifting has been done for you and all that is left is potential. Current unit mix is as follows: two 1 bedroom units, one 2 bedroom unit, and one mixed use space that could be a commercial space or converted to a residential unit (potentially 2 bedrooms). Seller occupies the 2 bedroom unit and it will be vacant at transfer. One of the 1 bedroom units is currently rented m2m and the other is an operating and registered airBNB bringing in around $70 per night with very little vacancy each month. All furniture and appliances in the airBnb will convey. This is a great opportunity to add a large and well maintained quad to your portfolio on this beautiful tree-lined street or for a small business owner to off-set their expenses while living and/or renting the building they have their business based out of.

Last Agent to Sell the Property

Greg Erlanger

Keller Williams Citywide Brokerage Email: Info@EZSalesTeam.com 216-916-7778 License #2004000516 Listed on: 05/08/2024

Keller Williams Citywide

Last Buyer's Agent

Greg Erlanger

Keller Williams Citywide Brokerage Email: Info@EZSalesTeam.com 216-916-7778 License #2004000516 Listed on: 05/08/2024

Keller Williams Citywide

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,581

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • East Facing Home
  • Partially Fenced Property
  • Wood Fence

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 2,909 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Cook Subdivision
  • Shops

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 132-08-065

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,581

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Quadruplex
  • Year Built: 1900
  • Attribution Contact: Info@EZSalesTeam.com 216-916-7778
  • Subdivision Name: Cook
  • Above Grade Finished Sq Ft: 2909.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Tax Year: 2023
  • Property Sub Type Additional: Quadruplex
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Appliances: Microwave, Range, Refrigerator
  • Full Bathrooms: 5
  • Total Bedrooms: 4

Exterior Features

  • Roof: Shingle
  • Fencing: Partial, Wood
  • Acres: 0.13
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Direction Faces: East

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway

Utilities

  • Cooling: Other, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Shopping

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 132-08-065
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Tax Info

  • Tax Annual Amount: 1581.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2024
Closed on
May 31, 2024
Sold by
Spicer Brent
Bought by
Jasonapril Llc
Seller's Agent
Greg Erlanger
Keller Williams Citywide
Buyer's Agent
Greg Erlanger
Keller Williams Citywide
List Price
$215,000
Sold Price
$199,000
Premium/Discount to List
-$16,000
-7.44%
Views
42
Current Estimated Value
$200,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,029
Avg. Annual Appreciation
0.41%
Original Mortgage
$170,000
Interest Rate
7.1%
Mortgage Type
Construction

Purchase Details

Listed on
May 16, 2022
Closed on
Jul 14, 2022
Sold by
Tina Mahoney
Bought by
Spicer Brent
Seller's Agent
Ben Parojcic
RE/MAX Above & Beyond
Buyer's Agent
Eddie Donley
Deleted Agent
List Price
$89,900
Sold Price
$72,500
Premium/Discount to List
-$17,400
-19.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.62%

Purchase Details

Closed on
Oct 6, 1995
Sold by
Zaroski Herminegilda
Bought by
Defranco Darryl and Defranco Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,600
Interest Rate
6.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 1, 1978
Sold by
Pucciani William F
Bought by
Zaroski Herminegilda

Purchase Details

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

Range of Values:

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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
Jasonapril Llc $199,000 Clean Title Agency
Spicer Brent $72,500 Perla Elizabeth L
Defranco Darryl $32,000 --
Zaroski Herminegilda -- --
Pucciani William F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Jasonapril Llc $170,000
Previous Owner Defranco Darryl $25,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $199,000 -7.4% $68 / Sq Ft
05/14/2024 05/14/24 Pending -- -- --
05/08/2024 05/08/24 For Sale $215,000 +196.6% $74 / Sq Ft
07/15/2022 07/15/22 Sold $72,500 -19.4% $25 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $89,900 -- $31 / 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 $2,370 $22,960 $2,450 $20,510
2023 $1,581 $15,830 $2,700 $13,130
2022 $1,579 $15,820 $2,700 $13,130
2021 $2,267 $15,820 $2,700 $13,130
2020 $1,496 $14,390 $2,450 $11,940
2019 $1,408 $41,100 $7,000 $34,100
2018 $1,564 $14,390 $2,450 $11,940
2017 $1,749 $17,220 $3,150 $14,070
2016 $2,715 $17,220 $3,150 $14,070
2015 $6,086 $17,220 $3,150 $14,070
2014 $6,086 $21,530 $3,920 $17,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5036569

MLS Now

APN: 132-08-065