NOT LISTED FOR SALE

38142 Wilson Ave Willoughby, OH 44094

Downtown Willoughby Neighborhood

Estimated Value: $251,010 - $279,000

4 Beds
2 Baths
1,749 Sq Ft
$151/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $215,000 $123 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,857/month

6 Days on Market

About This Home

As of June 2022

Rare opportunity to scoop up a high income producing property in the most desirable location in Willoughby! Walk right over to Downtown Willoughby and enjoy all it has to offer. Currently double rented for $1,825 per month. Downstairs tenant on month to month lease - ideal for either investor or owner occupant. The previous owner lived in the unit and took great care of the property, with updates including: downstairs unit new PVC plumbing (~$3,000), new AC units that stay with property (~$1,000), updated electric upstairs (~$1,000), new deck railings and painted decks/stairs (~$1,500), new water heater (~$1,000), and many landscaping updates (new gravel, firepit, replaced gutters, rock beds etc). Roof, siding and windows all in good condition. Amazing curb appeal and plenty of parking. This is a turnkey duplex that will go quick in a highly coveted Downtown Willoughby area - make your best offer before it goes!

Last Agent to Sell the Property

James Dawson

High Point Real Estate Group License #2017001095 Listed on: 05/04/2022

Last Buyer's Agent

Denise Quiggle

McDowell Homes Real Estate Services License #428259

McDowell Homes Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,644

Year Built

  • Built in 1875

Lot Details

  • 5,942 Sq Ft Lot
  • Vinyl Fence
  • Wood Fence
  • Chain Link Fence

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,749 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

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

Community Details

  • 2 Units
  • Sorters Surv Community

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 27-A-025-0-00-031-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,644

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 122.93
  • Estimated Price per Sq Ft: 122.93
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1749
  • Year Built: 1875
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1875

Interior Features

  • Appliances Equipment: Dryer, Microwave, Range, Refrigerator, Smoke Detector, Washer
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Unfinished
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1749.00
  • Sq Ft Approx Total Finished: 1749.00

Exterior Features

  • Exterior: Vinyl
  • Fences: Chain Link, Vinyl/Plastic, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

  • LaundryFeatures: In Unit
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Sorters Surv

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1364
  • Parcel Number: 27-A-025-0-00-031-0

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Cable/Electric Link, Electric, Gas

Multi Family

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

Tax Info

  • Tax: 3644

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Jun 24, 2022
Sold by
Hasan Mazen A
Bought by
Tkb Dayton Llc
Seller's Agent
James Dawson
High Point Real Estate Group
Buyer's Agent
Denise Quiggle
McDowell Homes Real Estate Services
List Price
$194,000
Sold Price
$215,000
Premium/Discount to List
$21,000
10.82%
Current Estimated Value
$264,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,253
Avg. Annual Appreciation
6.47%

Purchase Details

Listed on
May 15, 2019
Closed on
Jul 19, 2019
Sold by
Grant Properties Of Lake County Llc
Bought by
Hasan Mazen A
Seller's Agent
Judie Crockett
Howard Hanna
Buyer's Agent
James Dawson
High Point Real Estate Group
List Price
$145,000
Sold Price
$135,000
Premium/Discount to List
-$10,000
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.15%
Original Mortgage
$132,554
Interest Rate
3.12%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 23, 2016
Sold by
Alexander Richard G and Alexander Joan J
Bought by
Grant Properties Of Lake County Llc

Purchase Details

Closed on
Mar 6, 2007
Sold by
Rockwell Bertha S and Rockwell Leonard
Bought by
Alexander Richard G and Alexander Joan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 1992
Bought by
Rockwell Bertha S
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
Tkb Dayton Llc $215,000 Galayda Law Llc
Hasan Mazen A $135,000 Emerald Glen Title Agency
Grant Properties Of Lake County Llc -- None Available
Alexander Richard G $140,000 None Available
Rockwell Bertha S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hasan Mazen A $132,554
Previous Owner Alexander Richard G $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2022 06/27/22 Sold $215,000 +10.8% $123 / Sq Ft
05/10/2022 05/10/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $194,000 +43.7% $111 / Sq Ft
07/19/2019 07/19/19 Sold $135,000 -6.9% $77 / Sq Ft View Prior Sale
06/21/2019 06/21/19 Pending -- -- --
05/15/2019 05/15/19 For Sale $145,000 -- $83 / 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 -- $74,370 $14,300 $60,070
2023 $5,470 $57,770 $11,780 $45,990
2022 $3,629 $57,770 $11,780 $45,990
2021 $3,644 $57,770 $11,780 $45,990
2020 $3,468 $48,960 $9,980 $38,980
2019 $3,271 $48,960 $9,980 $38,980
2018 $2,961 $38,400 $16,230 $22,170
2017 $2,703 $38,400 $16,230 $22,170
2016 $2,693 $38,400 $16,230 $22,170
2015 $2,564 $38,400 $16,230 $22,170
2014 $2,371 $37,350 $16,230 $21,120
2013 $2,373 $37,350 $16,230 $21,120
Source: Public Records

Agents Affiliated with this Home

  • James Dawson

    Seller's Agent in 2022

    James Dawson

    High Point Real Estate Group

    (330) 354-8635

    2 in this area

    58 Total Sales

    James Dawson
    Section Image
  • Denise Quiggle

    Buyer's Agent in 2022

    Denise Quiggle

    McDowell Homes Real Estate Services

    (440) 251-9985

    8 in this area

    385 Total Sales

    Denise Quiggle
    Section Image
  • Annette Marra

    Buyer Co-Listing Agent in 2022

    Annette Marra

    McDowell Homes Real Estate Services

    (440) 665-7176

    6 in this area

    148 Total Sales

    Annette Marra
    Section Image
  • Judie Crockett

    Seller's Agent in 2019

    Judie Crockett

    Howard Hanna

    (440) 897-7879

    29 in this area

    1,403 Total Sales

    Judie Crockett
    Section Image
  • Todd Crockett

    Seller Co-Listing Agent in 2019

    Todd Crockett

    Howard Hanna

    (440) 336-0665

    4 in this area

    158 Total Sales

    Todd Crockett
    Section Image
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Map

Source: MLS Now

MLS Number: 4368064

MLS Now

APN: 27-A-025-0-00-031

Ohio Lake County Willoughby 44094 Downtown Willoughby

38142 Wilson Ave, Willoughby, OH

This home is located at 38142 Wilson Ave, Willoughby, OH 44094 since 04 May 2022 and is currently estimated at $264,253, approximately $151 per square foot. This property was built in 1875. 38142 Wilson 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.

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