NOT LISTED FOR SALE

4735 Stow Rd Stow, OH 44224

Estimated Value: $292,000 - $502,000

6 Beds
6 Baths
-- Sq Ft
0.54 Acres

Last Sold March 13, 2020

Last sale price $310,000

Est. 28% increase in value since last sale

Current estimated payment $2,593/month

9 Days on Market

About This Home

As of March 2020

Rare 3 unit Multi-family for sale in Stow. Each of the 3 units consist of 6 rooms and is renting for $950 per month. There are 2 bedrooms & 2 Baths in each unit. All three units are completely remodeled including Kitchens, baths, Flooring, windows, Furnace and A/C. Townhouse style layout. First floor living room, half bath and utility room including washer/dryer. Upstairs is Kitchen, 2 bedrooms, full bath and family room with access to private deck space. Beautiful Finishes and neutral paint throughout. It's a must see if you are looking for a great income opportunity! Roof approximately 10 yrs. Owner pays water, sewer, landscaping and snow removal currently. Each unit is separately metered. Tenant leases 4731 through Jan 2022, 4733 through Aug 2020, and 4735 through May 2021.

Last Agent to Sell the Property

Melissa Baynes

Berkshire Hathaway HomeServices Stouffer Realty License #2006007375 Listed on: 01/16/2020

Berkshire Hathaway HomeServices Stouffer Realty

Last Buyer's Agent

Kelly Wise Buzek

RE/MAX Market Solutions License #2010001173

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,038

Year Built

  • Built in 1978

Lot Details

  • 0.54

Home Design

  • Asphalt Roof
  • Stucco

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • 2-Story Property
  • 0.54 Acre Lot

Community Details

  • 3 Units
  • Silver Spgs Sub Community

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 5606070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,038

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Year Built: 1978
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1978

Interior Features

  • Appliances Equipment: CO Detector, Dishwasher, Dryer, Garbage Disposal, Microwave, Range, Refrigerator, Smoke Detector, Washer
  • Total Bedrooms: 6
  • Total Bathrooms: 6.00
  • Full Bathrooms: 3
  • Half Bathrooms: 3

Exterior Features

  • Exterior: Stucco, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Access from Unit, Attached, Door Opener, Electric, Water Available
  • Garage Num Of Cars: 3

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Silver Spgs Sub

Fee Information

  • Op Expenses: 2440.00

Schools

  • School District: Stow-Munroe Falls CS

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.5380
  • Parcel Number: 5606070

Rental Info

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

Multi Family

  • Unit Count: 1
  • Gross Income: 34200.00
  • Net Income: 31760.00
  • Num Of Buildings: 1
  • Number of Units: 3

Tax Info

  • Tax: 5038

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2020
Closed on
Mar 13, 2020
Sold by
Baynes Jeremy L and Baynes Melissa L
Bought by
Bernard Eric and Bernard Jennifer
Seller's Agent
Melissa Baynes
Berkshire Hathaway HomeServices Stouffer Realty
Buyer's Agent
Kelly Wise Buzek
RE/MAX Market Solutions
List Price
$329,000
Sold Price
$310,000
Premium/Discount to List
-$19,000
-5.78%
Current Estimated Value
$397,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,866
Avg. Annual Appreciation
4.34%
Original Mortgage
$228,000
Outstanding Balance
$201,056
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$196,810

Purchase Details

Closed on
Oct 30, 2018
Sold by
Restorations Llc
Bought by
Baynes Jeremy L and Baynes Melissa L

Purchase Details

Closed on
Jan 16, 2018
Sold by
Kamvouris Petros N
Bought by
Summit Property Restorations Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bernard Eric $310,000 Ohio Real Title
Baynes Jeremy L -- None Available
Summit Property Restorations Llc $156,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernard Eric $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2020 03/13/20 Sold $310,000 -5.8% --
01/25/2020 01/25/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $329,000 -- --
Source: MLS Now

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 $5,789 $97,357 $14,011 $83,346
2024 $5,617 $97,357 $14,011 $83,346
2023 $5,617 $97,357 $14,011 $83,346
2022 $4,939 $75,573 $10,861 $64,712
2021 $4,435 $75,573 $10,861 $64,712
2020 $4,360 $75,570 $10,860 $64,710
2019 $5,039 $81,820 $16,300 $65,520
2018 $5,726 $81,820 $16,300 $65,520
2017 $5,043 $81,820 $16,300 $65,520
2016 $5,280 $73,610 $16,300 $57,310
2015 $5,043 $73,610 $16,300 $57,310
2014 $5,006 $73,610 $16,300 $57,310
2013 $4,864 $71,310 $16,300 $55,010
Source: Public Records

Agents Affiliated with this Home

  • Melissa Baynes

    Seller's Agent in 2020

    Melissa Baynes

    Berkshire Hathaway HomeServices Stouffer Realty

    (330) 688-1122

    3 in this area

    31 Total Sales

    Melissa Baynes
    Section Image
  • Kelly Wise Buzek

    Buyer's Agent in 2020

    Kelly Wise Buzek

    RE/MAX Market Solutions

    (330) 907-4100

    8 in this area

    110 Total Sales

    Kelly Wise Buzek
    Section Image
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Map

Source: MLS Now

MLS Number: 4161140

MLS Now

APN: 56-06070

Ohio Summit County Stow 44224

4735 Stow Rd, Stow, OH

Not Listed for Sale

MultiFamily

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