NOT LISTED FOR SALE

4512 E 131st St Garfield Heights, OH 44105

Estimated Value: $274,417

10 Beds
4 Baths
4,770 Sq Ft
$58/Sq Ft Est. Value

Sale Details

Date Sold: November 5, 2024

Last sale price $287,000 $60 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,928 / mo

10 Days on Market

About This Home

As of November 2024

Investors: This well maintained cash cow is waiting for its next owner. This building can make over $5500 a month when fully rented out. It features three two bedroom one bath units and a store front with basement converted in several studio units with a common kitchen area. The building is brick and very well maintained with updated mechanicals and electrical.

Last Agent to Sell the Property

Blake Alterman

Key Realty Brokerage Email: blakealterman@millennialgrouprealestate.com 216-203-5648 License #2018003518 Listed on: 09/05/2024

Key Realty

Last Buyer's Agent

Adriane Jones

Mia Brown Realty License #2008001409

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,355

Year Built

  • Built in 1926

Lot Details

  • 11,761 Sq Ft Lot

Parking

  • Paved Parking

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

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

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • Cranwood Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 546-35-112

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,355

Year Built

Built in 1926

Lot Details

0.27 Acres

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Quadruplex
  • Year Built: 1926
  • Attribution Contact: blakealterman@millennialgrouprealestate.com 216-203-5648
  • Subdivision Name: Cranwood Park
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 10
  • Stories: 2

Exterior Features

  • Roof: Flat
  • Acres: 0.27
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Garfield Heights CSD - 1815

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 546-35-112
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5355.3

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
Sep 5, 2024
Closed on
Oct 29, 2024
Sold by
Bought by
Seller's Agent
Blake Alterman
Key Realty
Buyer's Agent
Adriane Jones
Mia Brown Realty
List Price
$279,000
Sold Price
$287,000
Premium/Discount to List
$8,000
2.87%
Views
6
Current Estimated Value
$274,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,583
Original Mortgage
$265,000
Interest Rate
5.16%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 17, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 22, 2020
Closed on
Jun 29, 2020
Sold by
Bought by
Seller's Agent
Margaret Massitti
The Real Estate Corner LLC
Buyer's Agent
Daniela Maragos
Keller Williams Elevate
List Price
$36,000
Sold Price
$50,000
Premium/Discount to List
$14,000
38.89%

Purchase Details

Closed on
Jan 15, 2020
Sold by
Bought by

Purchase Details

Closed on
Jun 25, 2019
Sold by
Bought by

Purchase Details

Closed on
Apr 14, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,050
Interest Rate
7.74%
Mortgage Type
FHA

Purchase Details

Closed on
May 19, 1980
Sold by
Bought by

Purchase Details

Closed on
Jun 4, 1976
Sold by
Bought by

Purchase Details

Closed on
Jan 1, 1975
Bought by
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

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
$287,000 None Listed On Document
$125,000 Ohio Real Title
$50,000 None Available
-- None Available
$33,334 None Available
$50,000 --
$28,500 --
-- --
-- --
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
Closed $265,000
Previous Owner $95,000
Previous Owner $94,050
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 Prior Sale
11/05/2024 11/05/24 Sold $287,000 +2.9% $60 / Sq Ft
09/15/2024 09/15/24 Pending -- -- --
09/05/2024 09/05/24 For Sale $279,000 +458.0% $58 / Sq Ft
07/02/2020 07/02/20 Sold $50,000 +38.9% $7 / Sq Ft View Prior Sale
06/01/2020 06/01/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $36,000 -- $5 / 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 $5,447 $44,485 $8,225 $36,260
2024 $5,651 $44,485 $8,225 $36,260
2023 $5,355 $43,760 $9,070 $34,690
2022 $3,469 $26,285 $9,065 $17,220
2021 $4,706 $26,290 $9,070 $17,220
2020 $3,090 $23,870 $8,230 $15,650
2019 $3,142 $68,200 $23,500 $44,700
2018 $2,255 $23,870 $8,230 $15,650
2017 $1,657 $21,350 $6,580 $14,770
2016 $1,675 $21,350 $6,580 $14,770
2015 $2,257 $21,350 $6,580 $14,770
2014 $2,257 $26,680 $8,230 $18,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5067106

MLS Now

APN: 546-35-112

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