NOT LISTED FOR SALE

Estimated Value: $58,000 - $514,504

5 Beds
2 Baths
1,200 Sq Ft
$301/Sq Ft Est. Value

Last Sold July 10, 2021

Last sale price $50,000 $42 Per Sq Ft

Est. 622% increase in value since last sale

Current estimated payment $1,998/month

17 Days on Market

About This Home

As of July 2021

Location! Location! Location! Nestled off W 58th St between Lorain and Detroit. Many new homes in the immediate area. Walk to the Rapid station. Property is zoned as a 2 family but looks like it may have been used as a single family. Please note that property is currently condemned by the City of Cleveland which means that a permit will have to be pulled prior to starting any rehab work. This is an as is sale. Great opportunity for the savvy investor.

Last Agent to Sell the Property

Alec Vinokur

Realty Now, Inc. License #2020005252 Listed on: 06/06/2021

Last Buyer's Agent

Thomas Bauch

Deleted Agent License #2002001791

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 2,322 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • James M Hoyts Community

Listing and Financial Details

  • Assessor Parcel Number 002-27-033

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 41.67
  • Estimated Price per Sq Ft: 41.67
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 1200
  • Year Built: 1920
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Approx Above Grade Finished: 1200.00
  • Sq Ft Approx Total Finished: 1200.00

Exterior Features

  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Num Of Cars: 1

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: James M Hoyts

Schools

  • School District: Cleveland Municipal
  • School District: Cleveland Municipal

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.0533
  • Parcel Number: 002-27-033

Multi Family

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

Tax Info

  • Tax: 1636

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2024
Sold by
Ayc Investments Llc
Bought by
Ayc Investments Llc
Current Estimated Value
$360,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,000
Outstanding Balance
$562,797
Interest Rate
6.35%
Mortgage Type
Construction
Estimated Equity
-$170,817

Purchase Details

Listed on
Jun 6, 2021
Closed on
Jul 2, 2021
Sold by
Emmet Inc
Bought by
Ayc Investments Llc
Seller's Agent
Alec Vinokur
Realty Now, Inc.
Buyer's Agent
Thomas Bauch
Deleted Agent
List Price
$44,900
Sold Price
$50,000
Premium/Discount to List
$5,100
11.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.47%

Purchase Details

Closed on
Oct 15, 2020
Sold by
Winteres Willie Louise and Cuyahoga County
Bought by
Emmet Inc

Purchase Details

Closed on
Jul 17, 1990
Sold by
Winters Bill
Bought by
Winters Willie Louise

Purchase Details

Closed on
Jan 9, 1990
Sold by
Winters Bill
Bought by
Winters Bill

Purchase Details

Closed on
Jun 4, 1977
Sold by
Brown George and Brown Frances M
Bought by
Winters Bill

Purchase Details

Closed on
Jan 1, 1975
Bought by
Brown George and Brown Frances M
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
Ayc Investments Llc -- Innovative Title
Ayc Investments Llc $50,000 None Available
Emmet Inc $27,200 None Available
Winters Willie Louise -- --
Winters Bill -- --
Winters Bill $9,000 --
Brown George -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayc Investments Llc $566,000
Closed Ayc Investments Llc $566,000
Previous Owner Ayc Investments Llc $535,000
Previous Owner Winters Willie Louise $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2021 07/10/21 Sold $50,000 +11.4% $42 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/06/2021 06/06/21 For Sale $44,900 -- $37 / 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 $906 $13,545 $13,545 --
2023 $2,811 $12,360 $12,360 $0
2022 $1,433 $16,450 $12,355 $4,095
2021 $1,792 $16,450 $12,360 $4,100
2020 $1,636 $12,950 $9,730 $3,220
2019 $1,212 $42,300 $27,800 $14,500
2018 $1,635 $14,810 $9,730 $5,080
2017 $710 $8,400 $5,950 $2,450
2016 $102 $8,400 $5,950 $2,450
2015 $189 $8,400 $5,950 $2,450
2014 $189 $6,900 $4,870 $2,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4286007

MLS Now

APN: 002-27-033