NOT LISTED FOR SALE

4389 N Norman Dr Unit 4393 Stow, OH 44224

Estimated Value: $234,000 - $285,000

4 Beds
2 Baths
2,685 Sq Ft
$96/Sq Ft Est. Value

Last Sold June 07, 2022

Last sale price $231,000 $86 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,754/month

29 Days on Market

Highlights

  • 2 Car Direct Access Garage
  • Level Lot
  • Southwest Facing Home
  • Forced Air Heating System

About This Home

As of June 2022

Great Investment opportunity for owner-occupied of investor. Two 2bedrooms 1 full bathroom in each unit with its own 1 car garage. Extremely easy to rent, close to Kent State university. Unit 4393 has a long term tenant with below market rent of $800/Month, lease ends end of May 2022 (please do not approach tenants), unit 4389 is vacant and available for showings. Brand new Roof was put in 2019. Unit 4389 has brand new flooring throughout except kitchen, bathroom and bedrooms, garage is freshly painted last week. Tenants pay everything. (unit 4389 is available for rent for $1000/Month)

Last Agent to Sell the Property

Tina Li

Howard Hanna License #2020001997 Listed on: 04/12/2022

Howard Hanna

Last Buyer's Agent

Laurie Chervenic

Keller Williams Chervenic Rlty License #323490

Keller Williams Chervenic Rlty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,789

Year Built

  • Built in 1968

Lot Details

  • 0.29 Acre Lot
  • Southwest Facing Home
  • Level Lot

Parking

  • 2 Car Direct Access Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,685 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Kitchen

  • Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Maplewood Park Community

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas, heating, sewer, trash collection, water
  • Assessor Parcel Number 5607916

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,789

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: Southwest
  • Price Per Square Foot: 86.03
  • Estimated Price per Sq Ft: 86.03
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2685
  • Year Built: 1968
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1968

Interior Features

  • Appliances Equipment: CO Detector, Garbage Disposal, Range, Refrigerator, Smoke Detector
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Laundry: 2
  • Sq Ft Approx Above Grade Finished: 2685.00
  • Sq Ft Approx Total Finished: 2685.00

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Access from Unit, Attached, Unit Garage
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Maplewood Park

Schools

  • School District: Stow-Munroe Falls CS
  • School District: Stow-Munroe Falls CS

Lot Info

  • Lot Description: Level/Flat
  • Lot Size Units: Acres
  • Acres: 0.2893
  • Parcel Number: 5607916

Rental Info

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

Multi Family

  • Unit Count: 2
  • Gross Income: 1800.00
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 50

Tax Info

  • Tax: 2789

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2022
Closed on
May 29, 2022
Sold by
Mercer Jr Joseph L and Wang Yingming
Bought by
Miletti Justin R and Miletti Joshua
Seller's Agent
Tina Li
Howard Hanna
Buyer's Agent
Laurie Chervenic
Keller Williams Chervenic Rlty
List Price
$225,000
Sold Price
$231,000
Premium/Discount to List
$6,000
2.67%
Total Days on Market
29
Current Estimated Value
$257,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,696
Avg. Annual Appreciation
3.62%
Original Mortgage
$173,250
Outstanding Balance
$165,792
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$91,278

Purchase Details

Closed on
Sep 25, 2020
Sold by
Goodwyn Company Llc
Bought by
Mercer Joseph L and Mercer Yingming Wang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,700
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2020
Sold by
Goodwyn Llc
Bought by
Mercer Joseph L and Mercer Yingming Wang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,700
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2020
Sold by
Goodwyn Company Llc
Bought by
Mercer Joseph L and Mercer Yingming Wang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,700
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2019
Sold by
Wang Yingming and Mercer Joseph L
Bought by
Goodwyn Company Llc

Purchase Details

Listed on
Apr 2, 2018
Closed on
Dec 10, 2018
Sold by
Lambda Properties Llc
Bought by
Mercer Joseph L and Wang Yingming
Seller's Agent
Larry Stuart Jr.
Deleted Agent
Buyer's Agent
Justin Aikens
Keller Williams Chervenic Rlty
List Price
$154,900
Sold Price
$148,000
Premium/Discount to List
-$6,900
-4.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
Original Mortgage
$111,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2006
Sold by
Ar Inc
Bought by
Lambda Properties Llc

Purchase Details

Closed on
Jun 7, 2002
Sold by
United Brothers Inc
Bought by
A R Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,900
Interest Rate
6.95%
Mortgage Type
Seller Take Back
Source: Public Records

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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
Miletti Justin R $231,000 Ace Title
Mercer Joseph L -- Ace Title
Mercer Joseph L -- Ace Title
Mercer Joseph L -- Ace Title
Goodwyn Company Llc -- None Available
Mercer Joseph L $148,000 Fireland Title
Lambda Properties Llc $143,000 Land America-Lawyers Title
A R Inc $138,900 Endress Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miletti Justin R $173,250
Previous Owner Mercer Joseph L $114,700
Previous Owner Mercer Joseph L $114,700
Previous Owner Mercer Joseph L $114,700
Previous Owner Mercer Joseph L $111,000
Previous Owner A R Inc $118,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2022 06/07/22 Sold $231,000 +2.7% $86 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $225,000 0.0% $84 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $225,000 +52.0% $84 / Sq Ft
12/12/2018 12/12/18 Sold $148,000 -4.5% $71 / Sq Ft
10/25/2018 10/25/18 Pending -- -- --
10/03/2018 10/03/18 Price Changed $154,900 0.0% $75 / Sq Ft
10/03/2018 10/03/18 For Sale $154,900 +4.7% $75 / Sq Ft
09/24/2018 09/24/18 Off Market $148,000 -- --
09/24/2018 09/24/18 Pending -- -- --
07/16/2018 07/16/18 Price Changed $155,500 +2.0% $75 / Sq Ft
04/02/2018 04/02/18 For Sale $152,500 -- $74 / 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
2025 $4,645 $64,551 $13,458 $51,093
2024 $4,645 $64,551 $13,458 $51,093
2023 $4,645 $64,551 $13,458 $51,093
2022 $3,937 $48,535 $10,119 $38,416
2021 $2,874 $47,993 $10,119 $37,874
2020 $2,789 $47,990 $10,120 $37,870
2019 $2,717 $43,690 $10,120 $33,570
2018 $2,675 $43,690 $10,120 $33,570
2017 $2,560 $43,690 $10,120 $33,570
2016 $2,632 $40,580 $10,120 $30,460
2015 $2,560 $40,580 $10,120 $30,460
2014 $2,562 $40,580 $10,120 $30,460
2013 $2,661 $42,460 $10,120 $32,340
Source: Public Records

Agents Affiliated with this Home

  • Tina Li

    Seller's Agent in 2022

    Tina Li

    Howard Hanna

    (440) 490-6608

    1 in this area

    102 Total Sales

    Tina Li
    Section Image
  • Laurie Chervenic

    Buyer's Agent in 2022

    Laurie Chervenic

    Keller Williams Chervenic Rlty

    (330) 990-7980

    11 in this area

    236 Total Sales

    Laurie Chervenic
    Section Image

  • L

    Seller's Agent in 2018

    Larry Stuart Jr.

    Deleted Agent

  • Justin Aikens

    Buyer's Agent in 2018

    Justin Aikens

    Keller Williams Chervenic Rlty

    (330) 388-2637

    35 in this area

    464 Total Sales

    Justin Aikens
    Section Image
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Map

Source: MLS Now

MLS Number: 4364286

MLS Now

APN: 56-07916

Ohio Summit County Stow 44224

4389 N Norman Dr Unit 4393, Stow, OH

This home is located at 4389 N Norman Dr Unit 4393, Stow, OH 44224 since 12 April 2022 and is currently estimated at $257,696, approximately $95 per square foot. This property was built in 1968. 4389 N Norman Dr Unit 4393 is a home located in Summit County with nearby schools including Stow-Munroe Falls High School, Holy Family Elementary School, and Walsh Jesuit 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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