NOT LISTED FOR SALE

37848 Euclid Ave Willoughby, OH 44094

Downtown Willoughby Neighborhood

Estimated Value: $262,000 - $294,000

2 Beds
2.5 Baths
2,548 Sq Ft
$108/Sq Ft Est. Value

Last Sold December 07, 2020

Last sale price $190,000 $75 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,980/month

93 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating and Cooling System
  • Northeast Facing Home
  • 2 Car Detached Garage

About This Home

As of December 2020

Highly visible Euclid Ave. location, within the historic district of downtown Willoughby. Zoned for small business as well as residential. Home was formerly a 2 story colonial that was converted to an efficiency rental apartment on the second floor and business / office use on the main floor, but reconverted to a first floor rental apartment. Very good curb appeal and well maintained over the years. New roof, new windows and new heating and air conditioning over the last 3 years. All appliances and window coverings stay. Two car detached garage with cement floor and new roof also. Home is currently used as a two family rental with monthly rental revenue of $1,650.00 per month and a long history of successful leasing. First floor tenant is moving so unit is available for immediate occupancy. Within walking distance to downtown Willoughby and its coffee shops, bars, restaurants, retail shopping and night life! Real estate broker is a principal owner of the property.

Last Agent to Sell the Property

Jack Cornachio

Great Lakes Realty, Inc. License #2014000886 Listed on: 07/28/2020

Last Buyer's Agent

Santino Perfetto

Howard Hanna License #2019004644

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,856

Year Built

  • Built in 1900

Lot Details

  • 8,834 Sq Ft Lot
  • Northeast Facing Home
  • Unpaved Streets

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 2,548 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement
  • Sump Pump
  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • City/Willoughby 13 Community

Listing and Financial Details

  • Assessor Parcel Number 27-A-024-0-00-051-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,856

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial, Half Duplex
  • House Faces: Northeast
  • Price Per Square Foot: 74.57
  • Estimated Price per Sq Ft: 74.57
  • Year Built Exception: Not Verifiable
  • Num Of Stories: 2.00
  • Total Sq Ft: 2548
  • Year Built: 1900
  • Court Ordered Y N: No
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Appliances Equipment: Dishwasher, Garbage Disposal, Microwave, Range, Refrigerator, Smoke Detector, Sump Pump
  • Total Bedrooms: 2
  • Bedrooms on Main Level: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Basement Detail: Common, Crawl, Partial, Unfinished, Walk-Out
  • Sq Ft Approx Above Grade Finished: 2548.00
  • Sq Ft Approx Total Finished: 2548.00

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Detached, Electric
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: City/Willoughby 13

Schools

  • School District: Willoughby-Eastlake
  • School District: Willoughby-Eastlake

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.2028
  • Parcel Number: 27-A-024-0-00-051-0

Tax Info

  • Tax: 3856

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2020
Closed on
Dec 4, 2020
Sold by
Mj Realty Llc
Bought by
Mezzopera Louis
Seller's Agent
Jack Cornachio
Great Lakes Realty, Inc.
Buyer's Agent
Santino Perfetto
Howard Hanna
List Price
$215,000
Sold Price
$190,000
Premium/Discount to List
-$25,000
-11.63%
Current Estimated Value
$274,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,170
Avg. Annual Appreciation
7.85%
Original Mortgage
$152,000
Outstanding Balance
$123,189
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$150,981

Purchase Details

Closed on
Mar 29, 2006
Sold by
Downey Jason B and Downey Rachel K
Bought by
Mj Realty Llc and Cornachio Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,500
Interest Rate
6.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 10, 2002
Sold by
Robert Gardner
Bought by
Downey Jason B and Downey Rachel K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.18%

Purchase Details

Closed on
Dec 31, 1999
Sold by
Borucki Roseann C and Borucki Roseann C
Bought by
Gardner Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,759
Interest Rate
7.76%

Purchase Details

Closed on
Jan 1, 1990
Bought by
Borucki Roseann C
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mezzopera Louis -- Emerald Glen Title
Mj Realty Llc $243,500 Priority Land Title Agency
Downey Jason B -- Conway Land Title Company
Gardner Robert $174,900 Midland Title Security Inc
Borucki Roseann C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mezzopera Louis $152,000
Previous Owner Mj Realty Llc $183,500
Previous Owner Downey Jason B $165,000
Previous Owner Gardner Robert $150,759
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2020 12/07/20 Sold $190,000 -4.8% $75 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
10/19/2020 10/19/20 Price Changed $199,500 -3.9% $78 / Sq Ft
09/15/2020 09/15/20 Price Changed $207,500 -3.5% $81 / Sq Ft
07/28/2020 07/28/20 For Sale $215,000 -- $84 / 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 -- $79,980 $17,590 $62,390
2023 $6,309 $66,630 $14,080 $52,550
2022 $4,176 $66,630 $14,080 $52,550
2021 $4,195 $66,630 $14,080 $52,550
2020 $4,146 $57,940 $12,250 $45,690
2019 $3,856 $57,940 $12,250 $45,690
2018 $3,800 $52,500 $16,190 $36,310
2017 $3,665 $52,500 $16,190 $36,310
2016 $3,653 $52,500 $16,190 $36,310
2015 $5,570 $73,220 $18,650 $54,570
2014 $5,257 $73,220 $18,650 $54,570
2013 $5,231 $73,220 $18,650 $54,570
Source: Public Records

Agents Affiliated with this Home

  • Jack Cornachio

    Seller's Agent in 2020

    Jack Cornachio

    Great Lakes Realty, Inc.

    (440) 487-9712

    1 in this area

    11 Total Sales

    Jack Cornachio
    Section Image
  • Santino Perfetto

    Buyer's Agent in 2020

    Santino Perfetto

    Howard Hanna

    (440) 728-0878

    2 in this area

    56 Total Sales

    Santino Perfetto
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4209779

MLS Now

APN: 27-A-024-0-00-051

Ohio Lake County Willoughby 44094 Downtown Willoughby

37848 Euclid Ave, Willoughby, OH

This home is located at 37848 Euclid Ave, Willoughby, OH 44094 since 28 July 2020 and is currently estimated at $274,170, approximately $107 per square foot. This property was built in 1900. 37848 Euclid Ave is a home located in Lake County with nearby schools including Edison Elementary School, Willoughby Middle School, and South High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes