NOT LISTED FOR SALE

87 Franklin Ave Wakeman, OH 44889

Estimated Value: $294,081 - $341,000

6 Beds
4 Baths
2,734 Sq Ft
$114/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $245,000 $90 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,944/month

110 Days on Market

Highlights

  • 2 Car Direct Access Garage
  • Baseboard Heating
  • North Facing Home
  • Central Air

About This Home

As of October 2021

Well-maintained duplex. Low maintenance. Built in 2009. Looks brand new. Neutral decor. All kitchen appliances. Hook-up for tenant's own washer and dryer. Master Bedroom and full bath on 1st floor. Western Reserve School System. Rent one unit and live in the other unit. Let you tenant pay your mortgage! Agent is owner. Must give 48 hour notice to view property.

Last Agent to Sell the Property

Howard McGuire

RE/MAX Real Estate Group License #422147 Listed on: 06/10/2021

RE/MAX Real Estate Group

Last Buyer's Agent

Elyse Coker

Daisy Lane Realty License #2017001843

Daisy Lane Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,981

Year Built

  • Built in 2009

Lot Details

  • North Facing Home

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,734 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Laundry in unit

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Utilities

  • Central Air
  • Baseboard Heating
  • Septic Tank

Listing and Financial Details

  • Tenant pays for pays all
  • Assessor Parcel Number 50055A030060000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,981

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: North
  • Price Per Square Foot: 89.61
  • Estimated Price per Sq Ft: 89.61
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2734
  • Year Built: 2009
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 2009

Interior Features

  • Appliances Equipment: Dishwasher, Microwave, Range, Refrigerator, Smoke Detector
  • Total Bedrooms: 6
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Laundry: 2
  • Sq Ft Approx Above Grade Finished: 2734.00
  • Sq Ft Approx Total Finished: 2734.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Access from Unit, Attached, Door Opener
  • Garage Num Of Cars: 2

Utilities

  • LaundryFeatures: In Unit
  • Cooling Type: Central Air
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Water/Sewer: Public Water, Septic

Schools

  • School District: Western Reserve LSD
  • School District: Western Reserve LSD

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 50055A030060000

Rental Info

  • Tenant Pays: Pays All

Multi Family

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

Tax Info

  • Tax: 1981

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Oct 27, 2021
Sold by
Franco Llc
Bought by
Coker Christopher Elliot
Seller's Agent
Howard McGuire
RE/MAX Real Estate Group
Buyer's Agent
Elyse Coker
Daisy Lane Realty
List Price
$235,000
Sold Price
$245,000
Premium/Discount to List
$10,000
4.26%
Current Estimated Value
$312,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,520
Avg. Annual Appreciation
5.36%
Original Mortgage
$250,635
Outstanding Balance
$231,260
Interest Rate
2.88%
Mortgage Type
VA
Estimated Equity
$67,813

Purchase Details

Closed on
Feb 6, 2018
Sold by
Anem Llc
Bought by
Franco Llc

Purchase Details

Closed on
Sep 17, 2015
Sold by
The Frances Group Ltd
Bought by
Ahem Llc

Purchase Details

Closed on
Sep 28, 2009
Bought by
Frances Group Ltd

Purchase Details

Closed on
Mar 10, 2005
Bought by
Palmer Ryan

Purchase Details

Closed on
Nov 6, 1996
Bought by
Charles & Lee Ltd

Purchase Details

Closed on
Dec 30, 1993
Bought by
Coles Edwin M and Coles Lisa A
Source: Public Records

Range of Values:

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Average Value
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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
Coker Christopher Elliot $245,000 Infinity Title
Franco Llc -- None Available
Ahem Llc -- Attorney
Frances Group Ltd $66,000 --
Palmer Ryan $60,000 --
Charles & Lee Ltd $126,000 --
Coles Edwin M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coker Christopher Elliot $250,635
Previous Owner Franco Llc $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $245,000 0.0% $90 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
08/16/2021 08/16/21 Price Changed $245,000 +4.3% $90 / Sq Ft
06/10/2021 06/10/21 For Sale $235,000 0.0% $86 / Sq Ft
11/03/2017 11/03/17 Rented $850 0.0% --
09/26/2017 09/26/17 For Rent $850 -- --
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 $2,903 $75,440 $5,870 $69,570
2023 $2,903 $47,610 $3,660 $43,950
2022 $1,837 $47,610 $3,660 $43,950
2021 $1,915 $47,610 $3,660 $43,950
2020 $1,981 $46,810 $2,670 $44,140
2019 $1,974 $46,810 $2,670 $44,140
2018 $1,955 $46,810 $2,670 $44,140
2017 $2,373 $57,340 $2,670 $54,670
2016 $2,336 $57,340 $2,670 $54,670
2015 $2,315 $57,350 $2,680 $54,670
2014 $1,853 $46,060 $2,660 $43,400
2013 $1,794 $46,060 $2,660 $43,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4287599

MLS Now

APN: 50-055A-03-006-0000