NOT LISTED FOR SALE

640 Cedar St Medina, OH 44256

Estimated Value: $229,000 - $255,584

4 Beds
2 Baths
-- Sq Ft
8,999 Sq Ft Lot

Last Sold January 12, 2018

Last sale price $140,000

Est. 73% increase in value since last sale

Current estimated payment $1,484/month

53 Days on Market

Highlights

  • Forced Air Heating System
  • Ella Canavan Elementary School Rated A-
  • 1-Story Property

About This Home

As of January 2018

Great income opportunity! Both sides leased! Updates include newer windows, hot water tanks, furnaces, cabinets, carpet and appliances. 24 hour notice to show.

Last Agent to Sell the Property

Ivana Carson

Keller Williams Elevate License #339404 Listed on: 10/11/2017

Keller Williams Elevate

Last Buyer's Agent

Barbara Wilson

Howard Hanna License #326764

Howard Hanna

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 8,999

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • 1-Story Property
  • 8,999 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 028-19C-14-026

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Year Built: 1952
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1952

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Driveway: Paved
  • Garage Num Of Cars: 2

Utilities

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

Schools

  • School District: Medina CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.2066
  • Parcel Number: 028-19C-14-026

Multi Family

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

Tax Info

  • Tax: 9999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2022
Sold by
Edwards Engineering Llc
Bought by
Vivace Enterprises Llc
Current Estimated Value
$242,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,600
Outstanding Balance
$108,863
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$133,783

Purchase Details

Closed on
May 4, 2018
Sold by
Edwards Douglas F and Edwards Stephanie A
Bought by
Edwards Engineering Llc

Purchase Details

Closed on
Jan 10, 2017
Sold by
Payne Matthew J and Payne Kathy A
Bought by
Edward Douglas F

Purchase Details

Closed on
Dec 7, 2012
Sold by
Tochinski Belva J
Bought by
Payne 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
$60,000
Interest Rate
3.38%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 5, 2012
Sold by
Tochinsky Belva J
Bought by
Payne 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
$60,000
Interest Rate
3.38%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Vivace Enterprises Llc $190,500 Oldham Joseph K
Edwards Engineering Llc -- None Available
Edward Douglas F $140,000 None Available
Payne Matthew J $80,000 --
Payne Matthew J $80,000 New Market Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vivace Enterprises Llc $122,600
Previous Owner Payne Matthew J $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2018 01/12/18 Sold $140,000 -10.2% --
12/03/2017 12/03/17 Pending -- -- --
11/15/2017 11/15/17 For Sale $155,900 0.0% --
10/13/2017 10/13/17 Pending -- -- --
10/11/2017 10/11/17 For Sale $155,900 0.0% --
08/14/2017 08/14/17 Rented $800 0.0% --
07/22/2017 07/22/17 Under Contract -- -- --
07/14/2017 07/14/17 For Rent $800 -- --
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 $2,685 $63,000 $18,670 $44,330
2023 $3,647 $63,000 $18,670 $44,330
2022 $2,755 $63,000 $18,670 $44,330
2021 $2,434 $46,910 $14,700 $32,210
2020 $2,454 $46,910 $14,700 $32,210
2019 $2,478 $46,910 $14,700 $32,210
2018 $2,102 $38,080 $14,770 $23,310
2017 $2,132 $38,080 $14,770 $23,310
2016 $2,195 $38,080 $14,770 $23,310
2015 $2,091 $34,620 $13,430 $21,190
2014 -- $34,620 $13,430 $21,190
2013 $2,088 $34,620 $13,430 $21,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3948879

MLS Now

APN: 028-19C-14-026