NOT LISTED FOR SALE

408 Cherry Ave Niles, OH 44446

Estimated Value: $73,431 - $156,000

5 Beds
3 Baths
1,480 Sq Ft
$76/Sq Ft Est. Value

Last Sold October 20, 2015

Last sale price $37,000 $25 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $689/month

453 Days on Market

About This Home

As of October 2015

Excellent Cash Flow. 3 Units - all rented - separate utilities - Priced for quick sale!

Last Agent to Sell the Property

Paul Davis

Deleted Agent License #2007004160 Listed on: 06/18/2014

Last Buyer's Agent

Paul Davis

Deleted Agent License #2007004160 Listed on: 06/18/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $820

Year Built

  • Built in 1911

Lot Details

  • 5,401 Sq Ft Lot
  • Unpaved Streets

Home Design

  • Asphalt Roof

Interior Spaces

  • 3-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for pays all
  • Assessor Parcel Number 25-304500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$820

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • Year Built Exception: Actual YBT
  • Num Of Stories: 3.00
  • Year Built: 1911
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1911

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Detail: Full

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

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

Schools

  • School District: Niles CSD
  • School District: Niles CSD

Lot Info

  • Lot Size Area Sq Ft: 0.1240
  • Lot Size Units: Acres
  • Acres: 0.1240
  • Parcel Number: 25-304500

Rental Info

  • Tenant Pays: Pays All

Multi Family

  • Num Of Buildings: 1
  • Number of Units: 3
  • Percent Units Occupied: 3

Tax Info

  • Tax: 820

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2014
Closed on
Oct 20, 2015
Sold by
Giles Thomas F
Bought by
Tlex Properties Llc
Seller's Agent
Paul Davis
Deleted Agent
Buyer's Agent
Paul Davis
Deleted Agent
List Price
$49,900
Sold Price
$37,000
Premium/Discount to List
-$12,900
-25.85%
Current Estimated Value
$113,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,108
Avg. Annual Appreciation
11.87%
Interest Rate
3.82%

Purchase Details

Closed on
Jan 1, 1990
Bought by
Thomas F Giles
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
Tlex Properties Llc $37,000 --
Thomas F Giles -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Tlex Properties Llc --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2015 10/20/15 Sold $37,000 -25.9% $25 / Sq Ft
09/14/2015 09/14/15 Pending -- -- --
06/18/2014 06/18/14 For Sale $49,900 -- $34 / 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 $1,067 $24,890 $2,280 $22,610
2023 $1,067 $24,890 $2,280 $22,610
2022 $715 $14,250 $2,280 $11,970
2021 $751 $14,250 $2,280 $11,970
2020 $758 $14,250 $2,280 $11,970
2019 $796 $14,250 $2,280 $11,970
2018 $794 $14,250 $2,280 $11,970
2017 $790 $14,250 $2,280 $11,970
2016 $782 $13,970 $2,280 $11,690
2015 $773 $13,970 $2,280 $11,690
2014 $776 $13,970 $2,280 $11,690
2013 $820 $15,580 $2,280 $13,300
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Paul Davis

    Deleted Agent

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Map

Source: MLS Now

MLS Number: 3628656

MLS Now

APN: 25-304500

Ohio Trumbull County Niles 44446

408 Cherry Ave, Niles, OH

This home is located at 408 Cherry Ave, Niles, OH 44446 since 18 June 2014 and is currently estimated at $113,108, approximately $76 per square foot. This property was built in 1911. 408 Cherry Ave is a home located in Trumbull County with nearby schools including Niles Primary School, Niles Intermediate School, and Niles Middle 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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