NOT LISTED FOR SALE

4711 Harvard Ave Newburgh Heights, OH 44105

Estimated Value: $88,000 - $130,000

6 Beds
2 Baths
1,962 Sq Ft
$54/Sq Ft Est. Value

Last Sold June 04, 2020

Last sale price $70,000 $36 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $627/month

128 Days on Market

About This Home

As of June 2020

Attention investors! This multi family building is a cash cow. Email agent for market rent estimate of vacant unit, rent roll & video tour along with complete investment analysis, drone footage of the roof & surrounding neighborhood as well as information on the mechanical systems of the building & needed repairs. Do not disturb the tenants. Professional property management & construction services available. Local & out of state investors welcome!

Last Agent to Sell the Property

James Wise

The Holton-Wise Property Group LLC License #2015001161 Listed on: 06/07/2019

Last Buyer's Agent

James Wise

The Holton-Wise Property Group LLC License #2015001161 Listed on: 06/07/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 4,199

Parking

  • 2 Car Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • 2-Story Property
  • 4,199 Sq Ft Lot

Community Details

  • 2 Units
  • Pearse Community

Listing and Financial Details

  • Assessor Parcel Number 511-13-018

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Year Built: 1920
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Driveway: Paved
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Pearse

Schools

  • School District: Cleveland Municipal
  • School District: Cleveland Municipal

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.0964
  • Parcel Number: 511-13-018

Multi Family

  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 50

Tax Info

  • Tax: 1838

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2019
Closed on
May 18, 2020
Sold by
Laub Steven and Kaczmarek Heather
Bought by
Newburgh Heights Cmnty Improvement Corp
Seller's Agent
James Wise
The Holton-Wise Property Group LLC
Buyer's Agent
James Wise
The Holton-Wise Property Group LLC
List Price
$74,900
Sold Price
$70,000
Premium/Discount to List
-$4,900
-6.54%
Current Estimated Value
$106,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,219
Avg. Annual Appreciation
10.66%

Purchase Details

Listed on
Sep 30, 2017
Closed on
Nov 27, 2017
Sold by
Willers Bernard
Bought by
Laub Steven
Seller's Agent
Nicholas Varner
Deleted Agent
Buyer's Agent
James Wise
The Holton-Wise Property Group LLC
List Price
$64,900
Sold Price
$59,000
Premium/Discount to List
-$5,900
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%
Original Mortgage
$375,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 15, 2014
Closed on
Dec 17, 2015
Sold by
Thomas Shirley A and Thomas Shirley
Bought by
Willers Bernard
Seller's Agent
Anna Marie McGrew
Deleted Agent
Buyer's Agent
Nicholas Varner
Deleted Agent
List Price
$62,900
Sold Price
$41,000
Premium/Discount to List
-$21,900
-34.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.41%

Purchase Details

Closed on
May 10, 1999
Sold by
Smolinski Mitchell M and Smolinski Nina M
Bought by
Thomas Herbert R and Thomas Shirley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
9.25%

Purchase Details

Closed on
Jun 14, 1996
Sold by
Est James C Smolinski
Bought by
Smolinski Mitchell M and Smolinski Nina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,200
Interest Rate
8.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1975
Bought by
Smolinski James C
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
Newburgh Heights Cmnty Improvement Corp -- None Available
Laub Steven $50,000 Ohio Real Title
Willers Bernard $41,000 City Title Agency
Thomas Herbert R $61,300 Ohio Title Corp
Smolinski Mitchell M $46,500 --
Smolinski James C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Laub Steven $375,000
Previous Owner Thomas Herbert R $12,000
Previous Owner Thomas Herbert R $58,330
Previous Owner Thomas Herbert R $49,000
Previous Owner Smolinski Mitchell M $37,200
Closed Thomas Herbert R $12,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2020 06/04/20 Sold $70,000 0.0% $36 / Sq Ft
12/23/2019 12/23/19 Off Market $70,000 -- --
12/23/2019 12/23/19 Pending -- -- --
10/11/2019 10/11/19 Price Changed $64,900 -7.2% $33 / Sq Ft
10/04/2019 10/04/19 Price Changed $69,900 -6.7% $36 / Sq Ft
08/16/2019 08/16/19 For Sale $74,900 +7.0% $38 / Sq Ft
08/05/2019 08/05/19 Pending -- -- --
06/07/2019 06/07/19 Off Market $70,000 -- --
12/04/2017 12/04/17 Sold $59,000 -9.1% $30 / Sq Ft
10/17/2017 10/17/17 Pending -- -- --
09/30/2017 09/30/17 For Sale $64,900 +58.3% $33 / Sq Ft
12/18/2015 12/18/15 Sold $41,000 -34.8% $21 / Sq Ft
12/09/2015 12/09/15 Pending -- -- --
09/15/2014 09/15/14 For Sale $62,900 -- $32 / 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 $605 $4,900 $4,900 --
2023 $1,845 $17,230 $2,840 $14,390
2022 $1,841 $17,220 $2,840 $14,390
2021 $1,828 $17,220 $2,840 $14,390
2020 $1,947 $16,100 $2,660 $13,440
2019 $1,842 $46,000 $7,600 $38,400
2018 $1,838 $16,100 $2,660 $13,440
2017 $2,035 $17,570 $2,590 $14,980
2016 $2,024 $17,570 $2,590 $14,980
2015 $2,158 $17,570 $2,590 $14,980
2014 $2,158 $19,110 $2,800 $16,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4104113

MLS Now

APN: 511-13-018