NOT LISTED FOR SALE

602 E Broad St Elyria, OH 44035

4 Beds
2 Baths
2,946 Sq Ft
3,920 Sq Ft Lot

Last Sold December 08, 2020

Last sale price $87,000 $30 Per Sq Ft

34 Days on Market

About This Home

As of December 2020

Are you looking for a great investment property? Well, look no further! This is a two family side-by-side duplex. Both units currently occupied on a month to month rental. Both units each have two bedrooms and 1 full bathroom. It also has a large living room and dining area along with a spacious kitchen. The front unit kitchen and bath were recently updated. Wood floors are throughout the bedrooms, living and dining area. Appliance in the front unit stay! The back unit needs some updates but has a great renter who has lived in the unit for several years. The home interior is currently being updated with neutral paint colors. Furnaces were replaced in 2014/15. Windows on the main floor are approx. 7 yrs. Old. Don't miss out on this rare find.

Last Agent to Sell the Property

Jennifer Taylor

Russell Real Estate Services License #2013002382 Listed on: 09/18/2020

Russell Real Estate Services

Last Buyer's Agent

Patrick Graham

Howard Hanna License #2005000174

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,836

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Corner Lot
  • Unpaved Streets

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Avon Dale Community

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for water
  • Assessor Parcel Number 06-25-015-109-019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,836

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 43.98
  • Estimated Price per Sq Ft: 43.98
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1978
  • Year Built: 1900
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Appliances Equipment: Microwave, Wall Oven, Range, Refrigerator, Smoke Detector
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full, Partially Finished
  • Sq Ft Approx Above Grade Finished: 1978.00
  • Sq Ft Approx Below Grade Finished: 968.00
  • Sq Ft Approx Total Finished: 2946.00

Exterior Features

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

Garage/Parking

  • Driveway: Unpaved

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Avon Dale

Schools

  • School District: Elyria CSD

Lot Info

  • Lot Description: Corner
  • Lot Size Units: Acres
  • Acres: 0.0900
  • Parcel Number: 06-25-015-109-019

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electric, Gas

Multi Family

  • Unit Count: 2
  • Gross Income: 1215.00
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1836

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2016
Closed on
Jul 13, 2017
Sold by
Frabotta Cheryl K
Bought by
Chelednik Jeffrey G and Chelednik Christina
Seller's Agent
Kathie Craig
Inactive Agent
Buyer's Agent
Jennifer Taylor
Russell Real Estate Services
List Price
$94,900
Sold Price
$64,350
Premium/Discount to List
-$30,550
-32.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,260
Outstanding Balance
$40,151
Interest Rate
3.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chelednik Jeffrey G $64,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chelednik Jeffrey G $48,260
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/08/2020 12/08/20 Sold $87,000 -3.3% $30 / Sq Ft
10/22/2020 10/22/20 Pending -- -- --
10/21/2020 10/21/20 Price Changed $90,000 -9.9% $31 / Sq Ft
10/05/2020 10/05/20 Price Changed $99,900 -4.8% $34 / Sq Ft
09/18/2020 09/18/20 For Sale $104,900 +63.0% $36 / Sq Ft
07/14/2017 07/14/17 Sold $64,350 -19.5% $33 / Sq Ft View Prior Sale
06/12/2017 06/12/17 Pending -- -- --
02/16/2017 02/16/17 Price Changed $79,900 -11.1% $40 / Sq Ft
11/22/2016 11/22/16 Price Changed $89,900 -5.3% $45 / Sq Ft
08/19/2016 08/19/16 For Sale $94,900 -- $48 / 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
2020 $1,847 $29,470 $4,870 $24,600
2019 $1,836 $29,470 $4,870 $24,600
2018 $1,839 $29,470 $4,870 $24,600
2017 $1,776 $27,270 $4,520 $22,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4225675

MLS Now

APN: 06-25-015-109-019