NOT LISTED FOR SALE

4740 N Ridge Rd E Geneva, OH 44041

Geneva Neighborhood

Estimated Value: $119,000 - $260,000

4 Beds
4 Baths
1,823 Sq Ft
$95/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $92,500 $51 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $1,232/month

15 Days on Market

Highlights

  • View of Trees or Woods
  • 1.51 Acre Lot
  • Forced Air Heating System

About This Home

As of August 2022

Attention landlords and investors - Great opportunity to own a four unit building in Geneva with high cash flow! This building houses four units each one bed, one bath. Three units are currently occupied. This building sits on a large lot of 1.73 acres. It has a new roof (2019), new upstairs windows (2019), new hot water tank (2020), tankless water heater (2020), and an excellent foundation. Its in a nice location, close to the amenities Geneva has to offer, as well as, short driving distance to many wineries and Geneva-on-the-Lake!

Last Agent to Sell the Property

Gary Gomer

HomeSmart Real Estate Momentum LLC License #2013004633 Listed on: 06/28/2022

HomeSmart Real Estate Momentum LLC

Last Buyer's Agent

Sherry Wilber

Assured Real Estate License #2017005602

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,533

Year Built

  • Built in 1932

Lot Details

  • 1.51 Acre Lot

Parking

  • 1 Car Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,823 Sq Ft Home
  • 1.5-Story Property
  • Views of Woods
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 170240002900

Community Details

Overview

  • 4 Units
  • Geneva Community

Amenities

  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,533

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Price Per Square Foot: 50.74
  • Estimated Price per Sq Ft: 50.74
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 1823
  • Year Built: 1932
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1932

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Detail: Unfinished
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1823.00
  • Sq Ft Approx Total Finished: 1823.00

Exterior Features

  • View: Wooded
  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Num Of Cars: 1

Utilities

  • LaundryFeatures: None
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Septic

Condo/Co-op/Association

  • Subdivision Complex: Geneva

Schools

  • School District: Geneva Area CSD
  • School District: Geneva Area CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 1.5110
  • Parcel Number: 170240002900

Multi Family

  • Unit Count: 1
  • Num Of Buildings: 1
  • Number of Units: 4
  • Percent Units Occupied: 75

Tax Info

  • Tax: 1533

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2022
Closed on
Aug 11, 2022
Sold by
Ordonez Ruben
Bought by
Bush Kevin
Seller's Agent
Gary Gomer
HomeSmart Real Estate Momentum LLC
Buyer's Agent
Sherry Wilber
Assured Real Estate
List Price
$79,000
Sold Price
$92,500
Premium/Discount to List
$13,500
17.09%
Current Estimated Value
$173,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,491
Avg. Annual Appreciation
24.33%

Purchase Details

Listed on
Oct 19, 2018
Closed on
Jul 30, 2019
Sold by
Polkow Debra M
Bought by
Ordonez Ruben
Seller's Agent
Joe Lucas
CENTURY 21 Asa Cox Homes
Buyer's Agent
Justin Mareno
Howard Hanna
List Price
$89,900
Sold Price
$81,000
Premium/Discount to List
-$8,900
-9.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.46%
Original Mortgage
$60,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2013
Sold by
Polkow Roger K and Polkow Virginia M
Bought by
Polkow Roger K
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
Bush Kevin $92,500 Venture Title
Ordonez Ruben $81,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ordonez Ruben $60,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2022 08/12/22 Sold $92,500 +17.1% $51 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $79,000 -2.5% $43 / Sq Ft
07/31/2019 07/31/19 Sold $81,000 -9.9% $44 / Sq Ft
06/19/2019 06/19/19 Pending -- -- --
06/03/2019 06/03/19 For Sale $89,900 0.0% $49 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
04/26/2019 04/26/19 Price Changed $89,900 -5.3% $49 / Sq Ft
03/26/2019 03/26/19 Price Changed $94,900 -5.0% $52 / Sq Ft
10/19/2018 10/19/18 For Sale $99,900 -- $55 / 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 $3,153 $37,980 $8,400 $29,580
2023 $1,852 $37,980 $8,400 $29,580
2022 $1,534 $28,390 $6,480 $21,910
2021 $1,533 $28,390 $6,480 $21,910
2020 $1,529 $28,390 $6,480 $21,910
2019 $1,493 $26,290 $6,720 $19,570
2018 $1,435 $26,680 $7,110 $19,570
2017 $1,407 $26,680 $7,110 $19,570
2016 $1,407 $26,430 $7,040 $19,390
2015 $1,401 $26,430 $7,040 $19,390
2014 $1,364 $26,430 $7,040 $19,390
2013 $1,464 $29,720 $8,470 $21,250
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    Gary Gomer

    HomeSmart Real Estate Momentum LLC

    (440) 343-6381

    1 in this area

    90 Total Sales

    Gary Gomer
    Section Image
  • Sherry Wilber

    Buyer's Agent in 2022

    Sherry Wilber

    Assured Real Estate

    (440) 344-0126

    5 in this area

    128 Total Sales

    Sherry Wilber
    Section Image
  • Joe Lucas

    Seller's Agent in 2019

    Joe Lucas

    CENTURY 21 Asa Cox Homes

    (440) 639-0002

    27 in this area

    218 Total Sales

    Joe Lucas
    Section Image

  • M

    Seller Co-Listing Agent in 2019

    Melissa Weiss

    Deleted Agent

    Section Image
  • Justin Mareno

    Buyer's Agent in 2019

    Justin Mareno

    Howard Hanna

    (330) 933-4648

    106 Total Sales

    Justin Mareno
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4385566

MLS Now

APN: 170240002900

Ohio Ashtabula County Geneva 44041 Geneva

4740 N Ridge Rd E, Geneva, OH

This home is located at 4740 N Ridge Rd E, Geneva, OH 44041 since 28 June 2022 and is currently estimated at $173,991, approximately $95 per square foot. This property was built in 1932. 4740 N Ridge Rd E is a home located in Ashtabula County with nearby schools including Geneva Middle School, Geneva High School, and Assumption 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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