NOT LISTED FOR SALE

509 Cherry Rd NE Massillon, OH 44646

Estimated Value: $113,000 - $154,000

4 Beds
2 Baths
2,115 Sq Ft
$65/Sq Ft Est. Value

Last Sold May 14, 2020

Last sale price $66,000 $31 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $845/month

16 Days on Market

About This Home

As of May 2020

ATTENTION INVESTORS: Fantastic opportunity to get in on this multi-family brick duplex in Massillon in close proximity to the historic district. Up and down duplex that could potentially be converted to single-family if desired. Each unit has fresh interior paint and features two bedrooms (one over-sized and one ample-sized) together with one full bathroom, kitchen, dining area, and large living room. The exposed hard-wood flooring adds a charm that cannot be replicated. Great entertaining outside with the large side yard and rear patio. Each unit on their own separate utilities. With a little TLC, this one can be ready to rent out!

Last Agent to Sell the Property

Justin Carroll

RE/MAX Infinity License #2015004696 Listed on: 03/23/2020

RE/MAX Infinity

Last Buyer's Agent

Matt Hamm

Deleted Agent License #2013003388

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,602

Year Built

  • Built in 1867

Lot Details

  • Unpaved Streets

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,115 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 00608373

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,602

Year Built

Built in 1867

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 31.21
  • Estimated Price per Sq Ft: 31.21
  • Year Built Exception: Actual YBT
  • Total Sq Ft: 2115
  • Year Built: 1867
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1867

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Approx Above Grade Finished: 2115.00
  • Sq Ft Approx Total Finished: 2115.00

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Num Of Cars: 1

Utilities

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

Schools

  • School District: Massillon CSD
  • School District: Massillon CSD

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 00608373

Multi Family

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

Tax Info

  • Tax: 1602

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
May 14, 2020
Sold by
Vinka Real Estate Investment Llc
Bought by
Sonic Properties Llc
Seller's Agent
Justin Carroll
RE/MAX Infinity
Buyer's Agent
Matt Hamm
Deleted Agent
List Price
$67,000
Sold Price
$66,000
Premium/Discount to List
-$1,000
-1.49%
Total Days on Market
16
Current Estimated Value
$137,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,045
Avg. Annual Appreciation
17.45%
Original Mortgage
$52,800
Outstanding Balance
$43,573
Interest Rate
3.3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$105,350

Purchase Details

Closed on
Oct 3, 2019
Sold by
Big Bay 3 Llc
Bought by
Vinka Real Estate Investments Llc

Purchase Details

Closed on
Sep 9, 2019
Sold by
Cc1 Oh Reo Llc
Bought by
Big Bay 3 Llc

Purchase Details

Closed on
Aug 28, 2019
Sold by
Tax Ease Ohio Llc
Bought by
Tax Ease Funding 2016 1 Reo Llc

Purchase Details

Closed on
Dec 7, 2018
Sold by
Maier George T
Bought by
Tax Ease Ohio Llc

Purchase Details

Closed on
Sep 20, 2005
Sold by
Thomas Keith J
Bought by
Thomas Keith J and Thomas Melanie J

Purchase Details

Closed on
Aug 31, 2005
Sold by
Thomas Melanie J
Bought by
Thomas Keith J

Purchase Details

Closed on
Jan 26, 2005
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Thomas Keith J and Thomas Melanie J

Purchase Details

Closed on
Mar 18, 2004
Sold by
Cain Daniel
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 26, 2000
Sold by
Dix Ralph G
Bought by
Cain Daniel H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
10.5%
Mortgage Type
Stand Alone First
Source: Public Records

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Range of Values:

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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
Sonic Properties Llc $66,000 Ohio Real Title
Vinka Real Estate Investments Llc $70,000 None Available
Big Bay 3 Llc $19,000 Nova Title Agency Inc
Cc1 Oh Reo Llc -- None Available
Tax Ease Funding 2016 1 Reo Llc -- Nova Title Agency Inc
Tax Ease Ohio Llc -- None Available
Thomas Keith J -- --
Thomas Keith J -- --
Federal Home Loan Mortgage Corporation $52,000 --
Cain Daniel H $68,000 Reliable Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sonic Properties Llc $52,800
Previous Owner Thomas Keith J $60,000
Previous Owner Cain Daniel $79,500
Previous Owner Cain Daniel H $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2020 05/14/20 Sold $66,000 -1.5% $31 / Sq Ft
04/08/2020 04/08/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $67,000 -- $32 / 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 $915 $41,620 $13,480 $28,140
2023 $1,747 $31,680 $15,020 $16,660
2022 $1,668 $31,680 $15,020 $16,660
2021 $1,695 $31,680 $15,020 $16,660
2020 $1,523 $26,780 $12,320 $14,460
2019 $1,602 $28,560 $12,320 $16,240
2018 $1,592 $28,560 $12,320 $16,240
2017 $1,500 $25,130 $10,430 $14,700
2016 $1,525 $25,130 $10,430 $14,700
2015 $1,507 $25,130 $10,430 $14,700
2014 $1,540 $24,820 $10,290 $14,530
2013 $774 $24,820 $10,290 $14,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4177459

MLS Now

APN: 00608373