NOT LISTED FOR SALE

37931 W Spaulding St Willoughby, OH 44094

Downtown Willoughby Neighborhood

Estimated Value: $257,000 - $286,000

4 Beds
2 Baths
2,240 Sq Ft
$123/Sq Ft Est. Value

Sale Details

Date Sold: September 27, 2013

Last sale price $120,000 $54 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $1,789 / mo

61 Days on Market

Highlights

  • Wooded Lot
  • Forced Air Heating and Cooling System
  • Partially Fenced Property
  • Detached Garage
  • South Facing Home

About This Home

As of September 2013

Investment property(Duplex) located near Historic Downtown Willoughby,each unit has livrm, kit and dinrm on first floor,two bedrms,full bath on second floor and stairs to unfinished attic from bedrm.Both units floor plans are identical.Both units have newer windows(except in attics),each kitchen has a built in dishwasher,stove and refrigerator(kit appliances stay) and covered front porches.Looking at the duplex the unit on the left(37931 W. Spaulding) has a detached garage w/opener & one controller,large patio,no C/A,unfinished basement(glass block windows) and attic.The unit on the right(37935 W. Spaulding) does not have a garage,has a large wood deck,has C/A,unfinished basement(glass block windows) and attic.Renters go month by month(no leases).Street light assessment of $47.87/yr which is included in annual taxes above.Both units are separated by a brick wall from the basement to attic.For additional information about room sizes,security deposits & utilities,see attachment/other.

Last Agent to Sell the Property

Robert Simone

Coldwell Banker Schmidt Realty License #216511 Listed on: 06/19/2013

Coldwell Banker Schmidt Realty

Last Buyer's Agent

Richard Valentino

HomeSmart Real Estate Momentum LLC License #374281

HomeSmart Real Estate Momentum LLC

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 4,386 Sq Ft Lot
  • Street terminates at a dead end
  • South Facing Home
  • Partially Fenced Property
  • Wood Fence
  • Chain Link Fence
  • Wooded Lot

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,240 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Detached Garage
  • Garage Door Opener
  • Driveway

Location

  • City Lot

Utilities

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

Community Details

  • 2 Units
  • City/Willoughby Community

Listing and Financial Details

  • Assessor Parcel Number 27A029A000430

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

4,386 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: South
  • Num Of Stories: 3.00
  • Year Built: 1940
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances Equipment: Dishwasher, Wall Oven, Range, Refrigerator, Smoke Detector
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Room Count: 1
  • Basement Detail: Full, Unfinished
  • Living Area Sq Ft: 2240
  • Estimated Total Living Area: 2240

Exterior Features

  • Exterior: Aluminum
  • Fences: Chain Link, Partial, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached, Door Opener

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

Schools

  • School District: Willoughby-Eastlake

Lot Info

  • Lot Description: City Lot, Dead End Street, Wooded/Treed
  • Lot Size Area Sq Ft: 4386.0000
  • Lot Size Units: Acres
  • Price Per Acre: 1191658.39
  • Acres: 0.1010
  • Parcel Number: 27A029A000430

Multi Family

  • Unit Count: 2
  • Gross Income: 18360.00
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 3105

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

Listed on
Jun 19, 2013
Closed on
Sep 26, 2013
Sold by
Defranco Barbara E
Bought by
Seller's Agent
Robert Simone
Coldwell Banker Schmidt Realty
Buyer's Agent
Richard Valentino
HomeSmart Real Estate Momentum LLC
List Price
$174,900
Sold Price
$120,000
Premium/Discount to List
-$54,900
-31.39%
Current Estimated Value
$275,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,565
Avg. Annual Appreciation
6.65%
Original Mortgage
$90,000
Outstanding Balance
$65,266
Interest Rate
4.39%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$210,299

Purchase Details

Closed on
Jul 11, 2001
Sold by
Defranco Robert F
Bought by
Defranco Robert F and Robert F Defranco Revocable Living Trust

Purchase Details

Closed on
Jun 22, 1993
Bought by
Defranco Robert F
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Willoughby, OH

  • Paul Gall Real Estate Agent - RE/MAX Rising

    Paul Gall

    RE/MAX Rising

    (216) 999-4803

    19 Total Sales

    1 in Downtown Willoughby

    $28,000 Price

    Paul Gall
     Section Image
  • Michelle Federico Real Estate Agent - EXP Realty, LLC.

    Michelle Federico

    EXP Realty, LLC.

    (440) 306-7025

    99 Total Sales

    2 in Downtown Willoughby

    $285K - $485K Price Range

    Michelle Federico
     Section Image
  • Flavia Petrescu-Boboc Real Estate Agent - Keller Williams Living

    Flavia Petrescu-Boboc

    Responds Quickly

    Keller Williams Living

    (216) 859-1470

    20 Total Sales

    1 in Downtown Willoughby

    $452,500 Price

    Flavia Petrescu-Boboc
     Section Image
  • Marty Emerman Real Estate Agent - Keller Williams Greater Metropolitan

    Marty Emerman

    Keller Williams Greater Metropolitan

    (440) 485-3380

    135 Total Sales

    1 in Downtown Willoughby

    $369,000 Price

    Marty Emerman
     Section Image
  • Michaleen & Bob Paul Real Estate Agent - Keller Williams Living

    Michaleen & Bob Paul

    Responds Quickly

    Keller Williams Living

    (440) 578-9961

    140 Total Sales

    1 in Downtown Willoughby

    $180,000 Price

    Michaleen & Bob Paul
     Section Image
  • Maureen Wlodarczyk Real Estate Agent - Keller Williams Living

    Maureen Wlodarczyk

    Keller Williams Living

    (216) 930-2482

    271 Total Sales

    1 in Downtown Willoughby

    $150,000 Price

    Maureen Wlodarczyk
     Section Image
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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
$120,000 Revere Title
Defranco Robert F -- --
Defranco Robert F -- --
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 $90,000
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
09/27/2013 09/27/13 Sold $120,000 -31.4% $54 / Sq Ft
08/19/2013 08/19/13 Pending -- -- --
06/19/2013 06/19/13 For Sale $174,900 -- $78 / 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 -- $82,020 $10,930 $71,090
2024 -- $82,020 $10,930 $71,090
2023 $6,452 $68,140 $9,020 $59,120
2022 $4,589 $68,140 $9,020 $59,120
2021 $4,716 $68,140 $9,020 $59,120
2020 $4,441 $57,740 $7,640 $50,100
2019 $3,843 $57,740 $7,640 $50,100
2018 $3,785 $50,330 $14,790 $35,540
2017 $3,517 $50,330 $14,790 $35,540
2016 $3,417 $50,330 $14,790 $35,540
2015 $3,274 $50,330 $14,790 $35,540
2014 $3,003 $48,650 $14,790 $33,860
2013 $3,091 $48,650 $14,790 $33,860
Source: Public Records

Agents Affiliated with this Home

  • Robert Simone Real Estate Agent - Coldwell Banker Schmidt Realty

    Seller's Agent in 2013

    Robert Simone

    Coldwell Banker Schmidt Realty

    (440) 478-7153

    1 in this area

    4 Total Sales

    Robert Simone
    Section Image
  • Richard Valentino Real Estate Agent - HomeSmart Real Estate Momentum LLC

    Buyer's Agent in 2013

    Richard Valentino

    HomeSmart Real Estate Momentum LLC

    (216) 978-3664

    6 in this area

    66 Total Sales

    Richard Valentino
    Section Image
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Map

Source: MLS Now

MLS Number: 3419988

MLS Now

APN: 27-A-029-A-00-043-0

Ohio Lake County Willoughby 44094 Downtown Willoughby

37931 W Spaulding St, Willoughby, OH

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.

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