NOT LISTED FOR SALE

Estimated Value: $53,000 - $111,000

4 Beds
2 Baths
1,650 Sq Ft
$56/Sq Ft Est. Value

Last Sold October 18, 2023

Last sale price $42,500 $26 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $667/month

20 Days on Market

About This Home

As of October 2023

Classic up/down duplex on the city's east side. Down tenant is month to month, up unit is vacant and ready for the tenant of your choice! Rents are well below market value and should be increased. Property needs some maintenance work inside and out and is priced accordingly. The 2 car attached garage is part of the down tenants rent. Separate entrances and main utilities. Great opportunity with a fantastic cap rate.

Last Listed By

Bruce Schlosser

Berkshire Hathaway HomeServices Professional Realty License #356001 Listed on: 08/14/2023

Berkshire Hathaway HomeServices Professional Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1885

Lot Details

  • 10,454

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,650 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • 10,454 Sq Ft Lot
  • City Lot

Community Details

  • 2 Units
  • Fields Community

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas, heating, water
  • The owner pays for sewer, trash collection
  • Assessor Parcel Number 055070004400

Property Details

Home Type

Multi-Family

Year Built

Built in 1885

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 25.76
  • Estimated Price per Sq Ft: 25.76
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1650
  • Year Built: 1885
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Attribution Contact: bschlosser@bhhspro.com (440) 645-6852
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1885

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full, Unfinished
  • Sq Ft Approx Above Grade Finished: 1650.00
  • Sq Ft Approx Total Finished: 1650.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Fields

Schools

  • School District: Ashtabula Area CSD
  • School District: Ashtabula Area CSD

Lot Info

  • Lot Description: City Lot
  • Lot Size Units: Acres
  • Acres: 0.2400
  • Parcel Number: 055070004400

Rental Info

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

Multi Family

  • Unit Count: 2
  • Gross Income: 12000.00
  • Net Income: 10200.00
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 50

Tax Info

  • Tax: 1298

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2023
Closed on
Oct 16, 2023
Sold by
Heeren Stanley and Heeren Maria
Bought by
M & E & A Llc
Seller's Agent
Bruce Schlosser
Berkshire Hathaway HomeServices Professional Realty
Buyer's Agent
Kay Zabivnik
McDowell Homes Real Estate Services
List Price
$54,900
Sold Price
$42,500
Premium/Discount to List
-$12,400
-22.59%
Total Days on Market
20
Views
157
Current Estimated Value
$92,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,851
Avg. Annual Appreciation
42.29%

Purchase Details

Closed on
Apr 4, 2012
Sold by
Harrah Roger W and Harrah Alice
Bought by
Heeren Stanley

Purchase Details

Closed on
Jun 8, 1998
Sold by
Keller Jennifer A
Bought by
Harrah Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,800
Interest Rate
7.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 1994
Sold by
Petro Julius J
Bought by
Keller Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,568
Interest Rate
8.62%
Mortgage Type
New Conventional

Range of Values:

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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
M & E & A Llc $42,500 None Listed On Document
Heeren Stanley $49,000 Franklin Blair Title Agency
Harrah Roger $43,500 --
Keller Jennifer A $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heeren Stanley $35,250
Previous Owner Harrah Roger W $30,000
Previous Owner Harrah Roger $34,800
Previous Owner Keller Jennifer A $30,568
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2023 10/18/23 Sold $42,500 -22.6% $26 / Sq Ft
09/03/2023 09/03/23 Pending -- -- --
09/01/2023 09/01/23 For Sale $54,900 0.0% $33 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
08/14/2023 08/14/23 For Sale $54,900 -- $33 / 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 $1,796 $20,900 $3,360 $17,540
2023 $1,194 $20,900 $3,360 $17,540
2022 $1,298 $17,220 $2,590 $14,630
2021 $1,225 $17,220 $2,590 $14,630
2020 $1,030 $17,220 $2,590 $14,630
2019 $1,202 $19,220 $3,010 $16,210
2018 $1,091 $19,220 $3,010 $16,210
2017 $545 $19,220 $3,010 $16,210
2016 $1,035 $17,470 $2,730 $14,740
2015 $1,007 $17,470 $2,730 $14,740
2014 $982 $17,470 $2,730 $14,740
2013 $845 $15,930 $2,520 $13,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4482168

MLS Now

APN: 055070004400