NOT LISTED FOR SALE

631 E Paradise St Orrville, OH 44667

Estimated Value: $162,000 - $282,000

10 Beds
5 Baths
1,536 Sq Ft
$145/Sq Ft Est. Value

Last Sold October 27, 2021

Last sale price $265,000 $173 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $1,492/month

3 Days on Market

About This Home

As of October 2021

Great earning potential with this unique 4 unit multi-family home. This has a 5 bedroom home with 3 apartments attached. Community area that has laundry hook-up and storage for tenants. Don't miss this fantastic opportunity.

Last Agent to Sell the Property

William Whitmore

The Danberry Co. License #2019000558 Listed on: 09/09/2021

Last Buyer's Agent

Scott Davis

Cutler Real Estate License #2016005028

Cutler Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,118

Year Built

  • Built in 1952

Lot Details

  • 0.3 Acre Lot
  • Unpaved Streets

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1.5-Story Property
  • Unfinished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Cooktop

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Radiant Heating System

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas, heating, sewer, trash collection
  • Assessor Parcel Number 58-00765-000

Community Details

Overview

  • 4 Units
  • H H Sollenberger Allotment Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,118

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Year Built: 1952
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1952

Interior Features

  • Appliances Equipment: Cooktop, Range, Refrigerator, Smoke Detector, Wall Oven
  • Total Bedrooms: 10
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Basement Detail: Unfinished, Walk-Out
  • Laundry: 4

Exterior Features

  • Exterior: Brick
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

  • LaundryFeatures: Shared
  • Heating Fuel: Electric, Gas
  • Heating Type: Forced Air, Radiant
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: H H Sollenberger Allotment

Schools

  • School District: Orrville CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.3013
  • Parcel Number: 58-00765-000

Rental Info

  • Tenant Pays: Cable/Electric Link, Electric, Gas, Heating, Sewer, Trash Collection

Multi Family

  • Unit Count: 4
  • Num Of Buildings: 1
  • Number of Units: 4
  • Percent Units Occupied: 100

Tax Info

  • Tax: 3118

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Sep 27, 2021
Sold by
Constable Matthew J
Bought by
Moreland Realty Ltd
Seller's Agent
William Whitmore
The Danberry Co.
Buyer's Agent
Scott Davis
Cutler Real Estate
List Price
$265,000
Sold Price
$265,000
Current Estimated Value
$222,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,000
Avg. Annual Appreciation
-4.13%
Original Mortgage
$212,000
Outstanding Balance
$179,257
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$42,743

Purchase Details

Closed on
Sep 2, 2011
Sold by
Schar Douglas Eugene
Bought by
Constable Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,070
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 4, 1986
Bought by
Schar Douglas E
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
Moreland Realty Ltd $265,000 Wayne County Title Agcy Inc
Moreland Realty Ltd -- Wayne County Title
Constable Matthew J $155,000 Attorney
Schar Douglas E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreland Realty Ltd $212,000
Closed Moreland Realty Ltd $212,000
Previous Owner Constable Matthew J $151,070
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2021 10/27/21 Sold $265,000 0.0% $173 / Sq Ft
09/12/2021 09/12/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $265,000 -- $173 / 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 $3,987 $94,350 $10,100 $84,250
2023 $3,987 $94,350 $10,100 $84,250
2022 $3,236 $68,870 $7,370 $61,500
2021 $3,275 $68,870 $7,370 $61,500
2020 $3,118 $64,930 $7,370 $57,560
2019 $2,503 $50,290 $7,120 $43,170
2018 $2,519 $50,290 $7,120 $43,170
2017 $2,476 $50,290 $7,120 $43,170
2016 $2,472 $48,360 $6,850 $41,510
2015 $2,428 $48,360 $6,850 $41,510
2014 $2,428 $48,360 $6,850 $41,510
2013 $2,643 $51,280 $8,020 $43,260
Source: Public Records

Agents Affiliated with this Home

  • William Whitmore

    Seller's Agent in 2021

    William Whitmore

    The Danberry Co.

    (330) 988-2040

    5 in this area

    72 Total Sales

    William Whitmore
    Section Image
  • Scott Davis

    Buyer's Agent in 2021

    Scott Davis

    Cutler Real Estate

    (330) 465-4614

    6 in this area

    121 Total Sales

    Scott Davis
    Section Image
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Map

Source: MLS Now

MLS Number: 4315298

MLS Now

APN: 58-00765-000

Ohio Wayne County Orrville 44667

631 E Paradise St, Orrville, OH

Not Listed for Sale

MultiFamily

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