NOT LISTED FOR SALE

561 Cherry Ave Ashland, OH 44805

4 Beds
2 Baths
1,456 Sq Ft
5,227 Sq Ft Lot

Last Sold July 02, 2024

Last sale price $164,000 $113 Per Sq Ft

3 Days on Market

Highlights

  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of July 2024

Attention investors - or live on one side and let someone else pay your rent! Convenient Ashland location with many updates. This ranch duplex has 2 bedrooms and 1 bathroom on each side with a full basement under each unit. All the appliances stay. Updates include; Exterior painted (2024), roof (2012), HVACs (2014), windows (2014), electrical (2014), HW tanks (2014), insulation (2014). The Hale unit has a remodeled bathroom and kitchen with updated carpet and paint. Separate utilities, tenant paid.

Last Agent to Sell the Property

Trina Swan

Coldwell Banker Ward Real Estate Brokerage Phone: 4192812000 License #2009003171 Listed on: 06/13/2024

Coldwell Banker Ward Real Estate

Last Buyer's Agent

Tyler Jarvis

Coldwell Banker Ward Real Estate License #SAL.2017005108

Coldwell Banker Ward Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Asphalt Roof
  • Wood Siding
  • Lead Paint Disclosure

Interior Spaces

  • 1,456 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • No Garage
  • Open Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • New Taxes Expense $1,755

Listing and Financial Details

  • Total Actual Rent $13,140
  • Tenant pays for gas, water, electricity, trash collection, sewer
  • Tax Lot R=32 LOT 1362
  • Assessor Parcel Number P440320008400
  • $2 per year additional tax assessments

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Directions: From downtown Ashland, take Center St to left on Hillcrest dr, turn left on Hale Ave, the duplex will be on the left, on the corner of Hale and Cherry.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Year Built: 1951
  • Attribution Contact: 4192812000
  • NAV43_Flood_Plain: No
  • NAV43_rets_property_type: Residential Income
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Unit 1 Range, Unit 2 Range, Unit 1 Refrigerator, Unit 2 Refrigerator
  • Owner Pays: Other
  • Has Basement: Full
  • Basement YN: Yes
  • Total Bedrooms: 4
  • Living Area: 1456

Exterior Features

  • Disclosures: Property Disclosure, Lead Based Paint Disclosure
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: No Garage, Other

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: Ohio Edison/First Energy
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Schools

  • Junior High Dist: Ashland City

Lot Info

  • Lot Size Sq Ft: 5227.2
  • Farm Land Area Units: Square Feet
  • Parcel #: P440320008400
  • Zoning Description: RL-1-Residential Districts

Rental Info

  • Lease Term: Unit 1 Lease Length(Mo/Mo),Unit 2 Lease Length(Mo/Mo),Unit 3 Lease Length(0),Unit 4 Lease Length(0)
  • Tenant Pays: Gas, Water, Electricity, Trash Collection, Sewer, Other

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Vacant: 7
  • Total Actual Rent: 13140

Tax Info

  • New Taxes Expense: 1755.34
  • Tax Lot: R=32 LOT 1362
  • Tax Other Annual Assessment Amount: 2
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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
07/02/2024 07/02/24 Sold $164,000 -8.4% $113 / Sq Ft
06/21/2024 06/21/24 Pending -- -- --
06/17/2024 06/17/24 For Sale $179,000 +244.2% $123 / Sq Ft
01/02/2014 01/02/14 Sold $52,000 -34.9% $36 / Sq Ft View Prior Sale
11/18/2013 11/18/13 Pending -- -- --
07/09/2013 07/09/13 For Sale $79,900 -- $55 / Sq Ft
Source: Ashland Board of REALTORS®

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
2025 $1,843 $49,530 $8,800 $40,730
2024 $1,755 $49,530 $8,800 $40,730
2023 $1,755 $49,530 $8,800 $40,730
2022 $1,584 $35,380 $6,290 $29,090
2021 $1,590 $35,380 $6,290 $29,090
2020 $1,508 $35,380 $6,290 $29,090
2019 $1,343 $29,150 $5,930 $23,220
2018 $1,355 $29,150 $5,930 $23,220
2017 $1,360 $29,150 $5,930 $23,220
2016 $1,353 $27,750 $5,640 $22,110
2015 $1,341 $27,750 $5,640 $22,110
2013 $1,480 $30,150 $5,670 $24,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ashland Board of REALTORS®

MLS Number: 227723

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