NOT LISTED FOR SALE

6423 Ridge Rd Parma, OH 44129

11 Beds
6 Baths
5,742 Sq Ft
15,002 Sq Ft Lot

Last Sold July 31, 2019

Last sale price $409,000 $71 Per Sq Ft

6 Days on Market

Highlights

  • Golf Course Community
  • 0.34 Acre Lot
  • Shops
  • Medical Services
  • Community Playground
  • Forced Air Heating and Cooling System

About This Home

As of July 2019

Become a landlord with this beautifully maintained turnkey investment! This owner immaculately maintains and keeps up with all issues and preventative maintenance as needed in the 34 years of ownership. Units are 100 percent rented with carefully screened tenants that are very good about payment and care of the property. Beautifully landscaped and well kept. All details of the property of each unit and interior and exterior of building are in supplements as too much to list in this area. Priced at $71.22 a square foot, and better than 8% cap rate makes this a great investment compared to the Parma average cap rate of 7.74%. Call your favorite Realtor today to see your future investment potential! Let your investment make a great return in the purchase of this property.

Last Agent to Sell the Property

Brian Pruden

Deleted Agent License #2016005960 Listed on: 06/10/2019

Last Buyer's Agent

Chris DePiero

CENTURY 21 DePiero & Associates, Inc. License #326104

CENTURY 21 DePiero & Associates, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,792

Year Built

  • Built in 1954

Lot Details

  • 0.34 Acre Lot
  • West Facing Home
  • Partially Fenced Property
  • Privacy Fence

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 5,742 Sq Ft Home
  • 3-Story Property
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Microwave

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 6 Car Garage
  • Garage Door Opener
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, gas, heating
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 448-17-011

Community Details

Overview

  • 6 Units
  • Ridgewood 06 Community

Amenities

  • Medical Services
  • Shops
  • Laundry Facilities

Recreation

  • Golf Course Community
  • Community Playground

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,792

Year Built

Built in 1954

Lot Details

0.34 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • House Faces: West
  • Price Per Square Foot: 71.23
  • Estimated Price per Sq Ft: 71.23
  • Year Built Exception: Actual YBT
  • Num Of Stories: 3.00
  • Total Sq Ft: 5742
  • Year Built: 1954
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1954

Interior Features

  • Appliances Equipment: Dryer, Microwave, Wall Oven, Refrigerator, Smoke Detector, Washer
  • Total Bedrooms: 11
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Sq Ft Approx Above Grade Finished: 5742.00
  • Sq Ft Approx Total Finished: 5742.00

Exterior Features

  • Exterior: Brick
  • Fences: Partial, Privacy
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Assigned/Reserved, Door Opener
  • Garage Num Of Cars: 6

Utilities

  • Cooling Type: Central Air, Wall Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Golf Available, Laundromat, Medical Service, Playground, Shopping/Mall

Condo/Co-op/Association

  • Subdivision Complex: Ridgewood 06

Schools

  • School District: Parma CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.3444
  • Parcel Number: 448-17-011

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Gas, Heating

Multi Family

  • Unit Count: 3
  • Num Of Buildings: 1
  • Number of Units: 6
  • Percent Units Occupied: 100

Tax Info

  • Tax: 5792
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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
07/31/2019 07/31/19 Sold $409,000 0.0% $71 / Sq Ft
06/16/2019 06/16/19 Pending -- -- --
06/10/2019 06/10/19 For Sale $409,000 -- $71 / Sq Ft
Source: MLS Now

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 $10,213 $131,775 $21,000 $110,775
2024 $10,762 $131,775 $21,000 $110,775
2023 $12,015 $143,150 $21,000 $122,150
2022 $11,949 $143,150 $21,000 $122,150
2021 $12,375 $143,150 $21,000 $122,150
2020 $5,883 $63,490 $21,000 $42,490
2019 $5,750 $181,400 $60,000 $121,400
2018 $5,792 $63,490 $21,000 $42,490
2017 $8,067 $86,600 $26,780 $59,820
2016 $7,951 $86,600 $26,780 $59,820
2015 $9,166 $86,600 $26,780 $59,820
2014 $9,166 $101,890 $31,500 $70,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4103418

MLS Now
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