NOT LISTED FOR SALE

497 S Francis St Kent, OH 44240

Estimated Value: $208,793 - $233,000

4 Beds
2 Baths
1,820 Sq Ft
$120/Sq Ft Est. Value

Last Sold November 23, 2020

Last sale price $166,000 $91 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,378/month

4 Days on Market

Highlights

  • 2 Car Direct Access Garage
  • Central Air
  • Wood Fence

About This Home

As of November 2020

Tremendous investment opportunity to live on one side and offset your mortgage by leasing the other half or rent both sides. Both units currently vacant, however; one could expect rents ranging from $900-$1000 per unit. Conveniently located the property is within 2 miles of Kent State University and downtown Kent. Both units have been meticulously updated. Updates include: new roof, windows, carpet, flooring, renovated bathrooms, and fresh paint throughout.
Each unit has a basement, and attached 1 car garage. Step out back to a fenced in backyard shaded with mature trees. Schedule your private viewing today.

Last Agent to Sell the Property

Lucien Pruszynski

Deleted Agent License #2009003862 Listed on: 09/29/2020

Deleted Agent

Co-Listed By

Reed Havel

RE/MAX Traditions License #2019007353

Last Buyer's Agent

Terry Aikens

Keller Williams Chervenic Rlty License #323136

Keller Williams Chervenic Rlty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,754

Year Built

  • Built in 1956

Lot Details

  • 6,930 Sq Ft Lot
  • Wood Fence

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,820 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Built-In Oven

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Cressbrook Community

Listing and Financial Details

  • Assessor Parcel Number 17-010-10-00-026-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,754

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 91.21
  • Estimated Price per Sq Ft: 91.21
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1820
  • Year Built: 1956
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1956

Interior Features

  • Appliances Equipment: Dryer, Wall Oven, Refrigerator, Washer
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full
  • Sq Ft Approx Above Grade Finished: 1820.00
  • Sq Ft Approx Total Finished: 1820.00

Exterior Features

  • Exterior: Brick
  • Fences: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Access from Unit, Attached, Door Opener, Electric
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Fireplace-Wood
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Cressbrook

Schools

  • School District: Kent CSD
  • School District: Kent CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1591
  • Parcel Number: 17-010-10-00-026-000

Multi Family

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

Tax Info

  • Tax: 2754

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2020
Closed on
Nov 20, 2020
Sold by
Real Estate Assets Unlimited Llc
Bought by
Murgatroyd Craig and Munteanu Amalia
Seller's Agent
Lucien Pruszynski
Deleted Agent
Buyer's Agent
Terry Aikens
Keller Williams Chervenic Rlty
List Price
$159,900
Sold Price
$166,000
Premium/Discount to List
$6,100
3.81%
Current Estimated Value
$217,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,948
Avg. Annual Appreciation
5.69%
Original Mortgage
$124,500
Outstanding Balance
$110,787
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$107,161

Purchase Details

Closed on
Jun 26, 2014
Sold by
Pine Richard T
Bought by
Real Estate Assets Unlimited Lc

Purchase Details

Closed on
May 6, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Pine Richard T

Purchase Details

Closed on
Nov 20, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Apr 21, 2008
Sold by
Dipierro Joseph and Case #2007Cv01089
Bought by
Deutsche Bank National Trust Co and His Asset Loan Obligation Trust 2007-Wf1

Purchase Details

Closed on
Oct 6, 2006
Sold by
Mitchell Annette L
Bought by
Dipierro Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,900
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2006
Sold by
Pease Andrew W and Countrywide Home Loans Inc
Bought by
Mitchell Annette L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,900
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 1998
Sold by
Rissland Barbara A
Bought by
Pease Andrew W and Pease Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,489
Interest Rate
6.76%
Mortgage Type
FHA

Purchase Details

Closed on
May 11, 1988
Bought by
Rissland Barbara A
Source: Public Records

Range of Values:

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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
Murgatroyd Craig $166,150 None Available
Real Estate Assets Unlimited Lc $150,000 None Available
Pine Richard T $90,100 Accutitle Agency Inc
Deutsche Bank National Trust Company -- None Available
Deutsche Bank National Trust Co $90,000 None Available
Dipierro Joseph $161,000 Attorney
Mitchell Annette L $104,500 None Available
Pease Andrew W $100,000 --
Rissland Barbara A $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murgatroyd Craig $124,500
Previous Owner Dipierro Joseph $144,900
Previous Owner Mitchell Annette L $94,050
Previous Owner Pease Andrew W $99,489
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2020 11/23/20 Sold $166,000 +3.8% $91 / Sq Ft
10/03/2020 10/03/20 Pending -- -- --
09/29/2020 09/29/20 For Sale $159,900 -- $88 / 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 $2,708 $59,750 $8,890 $50,860
2023 $2,909 $50,090 $8,330 $41,760
2022 $2,909 $50,090 $8,330 $41,760
2021 $2,938 $50,090 $8,330 $41,760
2020 $2,622 $41,200 $8,330 $32,870
2019 $2,623 $41,200 $8,330 $32,870
2017 $2,761 $40,110 $8,260 $31,850
2016 $2,754 $40,110 $8,260 $31,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4228018

MLS Now

APN: 17-010-10-00-026-000