NOT LISTED FOR SALE

Estimated Value: $960,000 - $1,271,313

3 Beds
2 Baths
1,878 Sq Ft
$582/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $1,075,000 $572 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $7,252/month

14 Days on Market

Highlights

  • Craftsman Architecture
  • 2 Car Attached Garage
  • Formal Entry
  • Wood Flooring
  • Double Pane Windows
  • 3-minute walk to Cleveland Cascade

About This Home

As of March 2023

Rare Lake Merritt Duplex with bonus rooms down, steps to all dynamic area amenities AND perfect for owner-occupiers, investment or a hybrid family compound! 470 Wesley greets visitors with a charming 2BD/2BA Craftsman-style home at the front (Unit 1) that includes a FLR with fireplace, a FDR, an updated kitchen with breakfast bar, two ample BDs and two full BAs, both w/tubs and one w/laundry, all on one level. High ceilings, hardwood flrs, period charm & lots of modern updates run thru-out. Out back is a private attached 1BD/1.5BA 2nd unit (Unit 2) on 2 levels with separate entrance, FLR, eat-in kitchen, hardwood floors and lots of charm. The basement of Unit 1 also features bonus rooms. A private rear patio and a one-car garage completes this comprehensive offering nestled at the foot of Cleveland Heights. Excellent central Lake location close to freeways & walking distance to Grand Lake, Lakeshore, Ivy Hill & Lake Merritt shopping, dining, coffee, banks, pharmacies, movies, museums, public transit & much more!

Last Agent to Sell the Property

Andrew De Vries

Berkshire Hathaway-Franciscan License #01368031 Listed on: 02/16/2023

Berkshire Hathaway-Franciscan

Last Buyer's Agent

Non Member Sales

Non Multiple Participant

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,086

Lot Details

  • 2,805 Sq Ft Lot
  • Landscaped

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Craftsman Architecture
  • Updated or Remodeled
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,878 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Formal Entry
  • Window Bars
  • Finished Basement

Kitchen

  • Built-In Gas Oven
  • Free-Standing Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Utilities

  • Central Heating
  • Separate Meters

Community Details

  • 2 Units
  • 2 Vacant Units

Listing and Financial Details

  • Assessor Parcel Number 022-0309-045

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,086

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Subtype Description: Apartments, Flats
  • Architectural Style: Craftsman
  • Property Condition: Updated/Remodeled
  • Levels: Two
  • Year Built Details: Unknown
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: Finished
  • Number Of Rooms: 9
  • Appliances: Built-in Gas Oven, Dishwasher, Free Standing Gas Range, Microwave
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Formal Entry
  • Price Per Square Foot: 572.42
  • Square Footage: 1878.00
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Wood
  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Attached, Interior Access
  • Total Parking Spaces: 2.00
  • Covered Parking Spaces: 1.00
  • Independent Parking Spaces: 1
  • Tandem Parking Spaces: 2

Utilities

  • Cooling: None
  • Heating: Central
  • Security Features: Window Security Bars
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Assessor Parcel Number: 022-0309-045
  • Lot Features: Landscape Front, Shape Regular
  • Lot Size Acres: 0.0644
  • Lot Size Sq Ft: 2805.00
  • Lot Size Units: SqFt
  • Price Per Acre: 16692546.58

Building Info

  • Number of Units Total: 2

Rental Info

  • Units Furnished: None

Multi Family

  • Number Of Units Vacant: 2
  • Number of 1 Bedroom Units: 1
  • Number of 2 Bedroom Units: 1
  • Separate Meters: Electricity, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Mar 15, 2023
Sold by
Lily Divito Trust
Bought by
Brener Yaniv and Tyger Carol
Seller's Agent
Andrew De Vries
Berkshire Hathaway-Franciscan
Buyer's Agent
Non Member Sales
Non Multiple Participant
List Price
$849,000
Sold Price
$1,075,000
Premium/Discount to List
$226,000
26.62%
Views
75
Current Estimated Value
$1,093,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,328
Avg. Annual Appreciation
-1.87%
Original Mortgage
$806,250
Outstanding Balance
$782,706
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$243,368

Purchase Details

Closed on
Feb 3, 2010
Sold by
Divito Lily Lai Sim
Bought by
Divito Lily and The Lily Divito Trust
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
Brener Yaniv $1,075,000 Old Republic Title Company
Divito Lily -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brener Yaniv $806,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2023 03/24/23 Sold $1,075,000 +26.6% $572 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
02/16/2023 02/16/23 For Sale $849,000 -- $452 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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 $16,086 $1,111,430 $335,529 $782,901
2024 $16,086 $1,089,500 $328,950 $767,550
2023 $13,675 $830,000 $249,000 $581,000
2022 $5,395 $241,676 $56,617 $192,059
2021 $4,978 $236,800 $55,507 $188,293
2020 $4,919 $241,301 $54,938 $186,363
2019 $4,618 $236,570 $53,861 $182,709
2018 $4,523 $231,933 $52,805 $179,128
2017 $4,303 $227,385 $51,769 $175,616
2016 $4,099 $222,926 $50,754 $172,172
2015 $4,072 $219,579 $49,992 $169,587
2014 $4,126 $215,279 $49,013 $166,266
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 423721859

San Francisco Association of REALTORS® MLS

APN: 022-0309-045-00