NOT LISTED FOR SALE

4850 E 85th St Cleveland, OH 44125

5 Beds
2 Baths
2,016 Sq Ft
4,600 Sq Ft Lot

Last Sold December 19, 2019

Last sale price $88,000 $44 Per Sq Ft

4 Days on Market

About This Home

As of December 2019

*POS Violation Free * * Turnkey Investment Property*
This multi-family offers a great investment opportunity! Just updated, the turnkey home has new replacement windows, newer furnaces and updated electrical panels, updated kitchen and younger hot water tanks! The down unit is tenant occupied and pays $600/month with a lease through 11/30/2019. The down unit has 2 bedrooms and 1 bath and the up unit has a finished attic for spacious 3 bedrooms with a market rent of $795/month. Plus each unit has an open front porch, rear deck, basement access and 1 space in a detached 2 car garage. Located in a central area, it's within blocks of multiple parks, schools and more. Don't miss out on adding this valuable property to your portfolio!

Last Agent to Sell the Property

Mike Azzam

RE/MAX Haven Realty License #2014004734 Listed on: 10/21/2019

RE/MAX Haven Realty

Last Buyer's Agent

Mike Azzam

RE/MAX Haven Realty License #2014004734 Listed on: 10/21/2019

RE/MAX Haven Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 4,600 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,016 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Garfield Blvd Community

Listing and Financial Details

  • Assessor Parcel Number 541-15-112

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 43.65
  • Estimated Price per Sq Ft: 43.65
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2016
  • Year Built: 1923
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1923

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Common, Full
  • Sq Ft Approx Above Grade Finished: 2016.00
  • Sq Ft Approx Total Finished: 2016.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • 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: Garfield Blvd

Schools

  • School District: Garfield Heights CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1056
  • Parcel Number: 541-15-112

Multi Family

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

Tax Info

  • Tax: 2778
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/19/2019 12/19/19 Sold $88,000 -7.3% $44 / Sq Ft
10/25/2019 10/25/19 Pending -- -- --
10/21/2019 10/21/19 For Sale $94,900 +458.2% $47 / Sq Ft
09/09/2015 09/09/15 Sold $17,000 -36.8% $8 / Sq Ft View Prior Sale
08/10/2015 08/10/15 Pending -- -- --
06/09/2015 06/09/15 For Sale $26,900 -- $13 / Sq Ft
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
2024 $4,884 $45,395 $7,560 $37,835
2023 $3,618 $30,800 $5,180 $25,620
2022 $3,572 $30,800 $5,180 $25,620
2021 $3,770 $30,800 $5,180 $25,620
2020 $2,698 $19,850 $4,130 $15,720
2019 $2,677 $56,700 $11,800 $44,900
2018 $1,692 $19,850 $4,130 $15,720
2017 $2,779 $19,430 $3,260 $16,170
2016 $3,019 $19,430 $3,260 $16,170
2015 $3,023 $19,430 $3,260 $16,170
2014 $7,880 $23,700 $3,990 $19,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4144233

MLS Now

APN: 541-15-112