NOT LISTED FOR SALE

488 Main St Conneaut, OH 44030

Estimated Value: $71,027 - $96,000

6 Beds
2 Baths
2,892 Sq Ft
$29/Sq Ft Est. Value

Last Sold November 22, 2022

Last sale price $62,500 $22 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $594/month

1 Day on Market

Highlights

  • Health Club
  • Community Lake
  • Park
  • Medical Services
  • Tennis Courts
  • Shops

About This Home

As of November 2022

This is a very well cared for and maintained up/down duplex and is within walking distance of downtown shopping, banking and restaurants. There are two driveways and the one to the west of the house is shared with the neighbor. There is a driveway to the house off Wrights Ave. Both duplex's have individual utilities but the landlord keeps the water/sewer in their name and splits the cost with the tenants. But the water and sewer is on it's individual meters. You will love the high ceilings thru-out and all the rooms are super large. Tenants in both units. 24 hours to show.

Last Agent to Sell the Property

Lois Blank

Assured Real Estate License #246586 Listed on: 08/31/2022

Last Buyer's Agent

Michael Kaim

Real of Ohio License #430767

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,010

Year Built

  • Built in 1912

Lot Details

  • 9,148 Sq Ft Lot
  • Unpaved Streets

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,892 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas, heating
  • The owner pays for sewer, water
  • Assessor Parcel Number 121070006500

Community Details

Overview

  • 2 Units
  • Community Lake

Amenities

  • Medical Services
  • Shops
  • Laundry Facilities

Recreation

  • Health Club
  • Tennis Courts
  • Community Playground
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,010

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 21.61
  • Estimated Price per Sq Ft: 21.61
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2892
  • Year Built: 1912
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1912

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Laundry: 2
  • Sq Ft Approx Above Grade Finished: 2892.00
  • Sq Ft Approx Total Finished: 2892.00

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

  • LaundryFeatures: In Unit
  • Heating Fuel: Gas
  • Heating Type: Baseboard, Forced Air
  • Water/Sewer: Public Water, Septic

Association/Amenities

  • Amenities: Health Club, Lake, Laundromat, Medical Service, Park, Playground, Shopping/Mall, Tennis Courts

Schools

  • School District: Conneaut Area CSD
  • School District: Conneaut Area CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.2100
  • Parcel Number: 121070006500

Rental Info

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

Multi Family

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

Tax Info

  • Tax: 1010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2022
Closed on
Oct 4, 2022
Sold by
Smith Jacqueline L
Bought by
Jrc Investment & Advisory Llc
Seller's Agent
Lois Blank
Assured Real Estate
Buyer's Agent
Michael Kaim
Real of Ohio
List Price
$62,500
Sold Price
$62,500
Views
69
Current Estimated Value
$84,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,757
Avg. Annual Appreciation
10.97%
Original Mortgage
$46,875
Outstanding Balance
$35,768
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$48,489
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
Jrc Investment & Advisory Llc $62,500 --
Jrc Investment & Advisory Llc $62,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jrc Investment & Advisory Llc $46,875
Closed Jrc Investment & Advisory Llc $46,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2022 11/22/22 Sold $62,500 0.0% $22 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
08/31/2022 08/31/22 For Sale $62,500 -- $22 / 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 $1,751 $23,940 $3,220 $20,720
2023 $1,136 $23,940 $3,220 $20,720
2022 $993 $18,420 $2,490 $15,930
2021 $1,010 $18,420 $2,490 $15,930
2020 $1,410 $25,800 $2,490 $23,310
2019 $598 $10,640 $1,890 $8,750
2018 $571 $10,640 $1,890 $8,750
2017 $669 $10,640 $1,890 $8,750
2016 $760 $15,550 $2,770 $12,780
2015 $768 $15,550 $2,770 $12,780
2014 $680 $15,550 $2,770 $12,780
2013 $528 $12,400 $3,050 $9,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4405064

MLS Now

APN: 121070006500