NOT LISTED FOR SALE

417 Bronson St Medina, OH 44256

Estimated Value: $284,000 - $556,000

7 Beds
5.5 Baths
4,472 Sq Ft
$105/Sq Ft Est. Value

Sale Details

Date Sold: November 8, 2024

Last sale price $505,000 $113 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,102 / mo

11 Days on Market

Highlights

  • Medical Services
  • Gated Parking
  • Eat-In Kitchen
  • Claggett Middle School Rated A-
  • Park or Greenbelt View
  • 3-minute walk to Ray Mellert Park

About This Home

As of November 2024

Welcome to a 100% turn-key investment opportunity! This fully leased, newer (built in 1994) property features three units with impressive rental income: Unit A rents for $1,250, Unit B for
$1,375, and Unit C, constructed in 2019, rents for $2,050. Fully renovated and meticulously maintained, there is no deferred maintenance to worry about.
Key features include:
- 10-car off-street parking lot
- 3-car attached garage
- Rear porch with Trex decking and tempered glass panels, offering a full view of the adjoining 15-acre city park This property boasts a gross monthly income of $4,675.00 and a yearly gross income of $56,100. The basement and foundation were professionally waterproofed in June 2024, and the suburb features a new drainage system with a lifetime transferable warranty.
Whether you are looking to expand your investment portfolio or engage in a 1031 exchange, this property is an excellent opportunity. Please note, showings are only available with a contingent offer. Kindly refrain from disturbing the tenants.

Last Agent to Sell the Property

Bryan Spurlock

Howard Hanna Brokerage Email: bryanspurlock@howardhanna.com 330-506-5652 License #2020001890 Listed on: 06/14/2024

Howard Hanna

Last Buyer's Agent

Fred Faraj

Howard Hanna License #2006003054

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,709

Year Built

  • Built in 1994

Lot Details

  • 15,682 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Level Lot

Parking

  • 3 Car Garage
  • Varies By Unit
  • Gated Parking
  • Additional Parking
  • Parking Lot

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Window Screens
  • Park or Greenbelt Views
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • High-Efficiency Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tenant pays for all utilities, trash collection, water
  • The owner pays for insurance, sewer
  • Assessor Parcel Number 028-19A-17-018

Community Details

Overview

  • Hiram Bronsons Add Subdivision

Amenities

  • Medical Services
  • Common Area
  • Restaurant

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,709

Year Built

Built in 1994

Lot Details

0.36 Acres

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Triplex
  • Year Built: 1994
  • Attribution Contact: bryanspurlock@howardhanna.com 330-506-5652
  • ResoLotFeatures: < 1/2 Acre, Flat, Level
  • ResoPoolFeatures: None
  • Reso View: Park/Greenbelt
  • ResoSecurityFeatures: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name: Hiram Bronsons Add
  • Above Grade Finished Sq Ft: 2616.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Reso Interior Features: Ceiling Fan(s), Eat-in Kitchen, Walk-In Closet(s)
  • Unit Levels: Two
  • Efficiency: Appliances, Lighting, Water Heater, Windows
  • ResoWindowFeatures: Blinds, Screens
  • Tax Year: 2023
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Finished, Sump Pump
  • Basement: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Below Grade Sq Ft: 1856.0
  • Stories: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Fenced, Privacy, Wood
  • Acres: 0.36
  • Pool Private: No
  • View: Yes
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: Yes
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Additional Parking, Asphalt, Garage, Gated, Paved, Parking Lot, Varies by Unit

Utilities

  • LaundryFeatures: In Unit
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Medical Service, Restaurant, Street Lights, Sidewalks

Schools

  • Junior High Dist: Medina CSD - 5206

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 028-19A-17-018
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Insurance, Sewer
  • Tenant Pays: All Utilities, Other, Trash Collection, Water

Multi Family

  • Gross Income: 56100.0

Tax Info

  • Tax Annual Amount: 6709.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Oct 8, 2024
Sold by
Tht Amistad Heritage Properties Llc
Bought by
417 Bronson St Llc
Seller's Agent
Bryan Spurlock
Howard Hanna
Buyer's Agent
Fred Faraj
Howard Hanna
List Price
$518,000
Sold Price
$505,000
Premium/Discount to List
-$13,000
-2.51%
Views
17
Current Estimated Value
$471,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,315
Avg. Annual Appreciation
-4.63%
Original Mortgage
$353,500
Outstanding Balance
$348,113
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$123,572

Purchase Details

Listed on
Oct 7, 2021
Closed on
Mar 28, 2022
Sold by
Jenifer Kostos
Bought by
Tht Amistad Heritage Properties Llc
Seller's Agent
Jen Kostos
EXP Realty, LLC.
Buyer's Agent
Bryan Spurlock
Howard Hanna
List Price
$524,900
Sold Price
$459,000
Premium/Discount to List
-$65,900
-12.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.71%

Purchase Details

Closed on
Apr 8, 2021
Sold by
Osoteo Glenn
Bought by
Kostos Jenifer

Purchase Details

Closed on
Jul 18, 2019
Sold by
Osoteo Glenn
Bought by
Osoteo Glenn and Kostos Jenifer

Purchase Details

Listed on
Mar 10, 2017
Closed on
Jan 7, 2019
Sold by
Mittler Joseph W and Mittler Danielle
Bought by
Osoteo Glenn
Seller's Agent
Danielle Mittler
HomeSmart Real Estate Momentum LLC
Buyer's Agent
Jen Kostos
EXP Realty, LLC.
List Price
$189,000
Sold Price
$185,000
Premium/Discount to List
-$4,000
-2.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.72%
Original Mortgage
$249,291
Interest Rate
5.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 31, 2006
Sold by
Spengler George and Spengler Lydia
Bought by
Mittler Joseph W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.85%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 20, 2000
Sold by
Green Russell A and Green Donna J
Bought by
Spengler George and Spengler Lydia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,286
Interest Rate
8.22%
Mortgage Type
FHA
Source: Public Records
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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
417 Bronson St Llc $505,000 None Listed On Document
Tht Amistad Heritage Properties Llc $459,000 None Listed On Document
Kostos Jenifer $101,800 Russo Angelo
Osoteo Glenn $80,000 None Available
Osoteo Glenn $189,000 None Available
Mittler Joseph W $170,000 --
Spengler George $148,500 Mcta
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 417 Bronson St Llc $353,500
Previous Owner Osoteo Glenn $249,291
Previous Owner Mittler Joseph W $100,000
Previous Owner Spengler George $147,286
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/08/2024 11/08/24 Sold $505,000 -2.5% $113 / Sq Ft
06/30/2024 06/30/24 Pending -- -- --
06/18/2024 06/18/24 For Sale $518,000 0.0% $116 / Sq Ft
05/09/2023 05/09/23 Rented $2,050 +3.0% --
04/26/2023 04/26/23 Under Contract -- -- --
03/31/2023 03/31/23 For Rent $1,990 0.0% --
03/29/2022 03/29/22 Sold $459,000 -12.6% $136 / Sq Ft View Prior Sale
03/08/2022 03/08/22 Pending -- -- --
02/21/2022 02/21/22 For Sale $524,900 0.0% $156 / Sq Ft
02/14/2022 02/14/22 Pending -- -- --
02/08/2022 02/08/22 Price Changed $524,900 -4.5% $156 / Sq Ft
01/17/2022 01/17/22 Price Changed $549,900 -4.3% $163 / Sq Ft
12/15/2021 12/15/21 For Sale $574,900 0.0% $170 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
12/01/2021 12/01/21 Price Changed $574,900 -4.2% $170 / Sq Ft
10/26/2021 10/26/21 Price Changed $599,900 -7.7% $178 / Sq Ft
10/07/2021 10/07/21 For Sale $649,900 +251.3% $193 / Sq Ft
01/09/2019 01/09/19 Sold $185,000 0.0% $100 / Sq Ft View Prior Sale
10/15/2018 10/15/18 Off Market $185,000 -- --
10/15/2018 10/15/18 Pending -- -- --
10/30/2017 10/30/17 For Sale $189,000 +2.2% $102 / Sq Ft
09/07/2017 09/07/17 Off Market $185,000 -- --
09/01/2017 09/01/17 Price Changed $189,000 -5.5% $102 / Sq Ft
03/10/2017 03/10/17 For Sale $199,900 -- $108 / Sq Ft
Source: MLS Now (Howard Hanna)

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 $7,424 $154,700 $17,780 $136,920
2023 $8,392 $154,700 $17,780 $136,920
2022 $6,674 $154,700 $17,780 $136,920
2021 $4,127 $71,250 $14,000 $57,250
2020 $3,674 $71,250 $14,000 $57,250
2019 $3,133 $61,870 $14,000 $47,870
2018 $3,079 $55,780 $9,900 $45,880
2017 $3,123 $55,780 $9,900 $45,880
2016 $3,215 $55,780 $9,900 $45,880
2015 $3,063 $50,710 $9,000 $41,710
2014 $3,055 $50,710 $9,000 $41,710
2013 $3,059 $50,710 $9,000 $41,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 5046919

MLS Now (Howard Hanna)

APN: 028-19A-17-018

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