NOT LISTED FOR SALE

7927 Olde 8 Rd Northfield, OH 44067

8 Beds
8 Baths
5,120 Sq Ft
1.27 Acres

Last Sold September 21, 2021

Last sale price $452,000 $88 Per Sq Ft

11 Days on Market

Highlights

  • Wooded Lot
  • Corner Lot
  • Forced Air Heating and Cooling System
  • Lee Eaton Elementary School Rated A
  • Additional Land
  • Southwest Facing Home

About This Home

As of September 2021

Rare opportunity to own an exceptional investment property in Northfield Center. This two story, all brick masonry, four unit building includes four two bedroom, two full bath units, each rented to long term tenants. Every open concept suite has separate utilities, water tanks, forced air furnace and AC, spacious low-maintenance tile kitchens with electric range and oven, dishwasher and refrigerator, plus a kitchen island. Washer and dryer in each unit. Upper units are slightly larger due to lack of a center hall. Tenants pay gas & electric. Built in 1995, and situated on over a half acre of private wooded lot, this impeccably maintained building comes fully landscaped, with paved driveway featuring 8+ parking spaces, plus a paved patio in the back of the unit. In addition, this offering includes an additional corner parcel that is .57 acre, which could be used to double the number of units, covered parking, etc - the possibilities are endless. Do not approach tenants.

Last Agent to Sell the Property

Jenne Haddox

Richfield Realty Group LLC License #2022005360 Listed on: 08/22/2021

Last Buyer's Agent

Sandra Clawson

RE/MAX Crossroads Properties License #2018005546

RE/MAX Crossroads Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,796

Year Built

  • Built in 1995

Lot Details

  • 1.27 Acre Lot
  • Southwest Facing Home
  • Corner Lot
  • Level Lot
  • Wooded Lot
  • Additional Land

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 5,120 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 4 Units
  • Northfield Center Community

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 4000603

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,796

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • House Faces: Southwest
  • Price Per Square Foot: 88.28
  • Estimated Price per Sq Ft: 88.28
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 5120
  • Year Built: 1995
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1995

Interior Features

  • Appliances Equipment: Dishwasher, Range, Refrigerator
  • Total Bedrooms: 8
  • Total Bathrooms: 8.00
  • Full Bathrooms: 8
  • Basement Detail: Full
  • Laundry: 4
  • Sq Ft Approx Above Grade Finished: 5120.00
  • Sq Ft Approx Total Finished: 5120.00

Exterior Features

  • Exterior: Brick
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

  • LaundryFeatures: In Unit
  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Northfield Center

Schools

  • School District: Nordonia Hills CSD
  • School District: Nordonia Hills CSD

Lot Info

  • Additional Assessor Parcel Number 1: 4000602
  • Lot Description: Addt'l Land Avail, Corner, Level/Flat, Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 1.2700
  • Parcel Number: 4000603

Rental Info

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

Multi Family

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

Tax Info

  • Tax: 7796

Range of Values:

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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 Change Sq Ft Price
09/21/2021 09/21/21 Sold $452,000 +13.0% $88 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
08/22/2021 08/22/21 For Sale $399,900 -- $78 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4310425

MLS Now