NOT LISTED FOR SALE

89 Sterling Ave Painesville, OH 44077

Estimated Value: $143,952 - $185,000

3 Beds
3 Baths
1,872 Sq Ft
$86/Sq Ft Est. Value

Sale Details

Date Sold: December 22, 2022

Last sale price $119,050 $64 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,014 / mo

2 Days on Market

Highlights

  • Baseboard Heating
  • 1-Story Property
  • 4-minute walk to Kiwanis Recreation Park

About This Home

As of December 2022

Easy to maintain ranch style triplex with plenty of parking and a great location!! All 3 units are one bedroom, kitchen, one bath w/ a large living and dining room area. 2 of the 3 units are occupied and are on month to month leases at 650.00 per month, no security deposits. All electric baseboard heat w/ window A/C units. Seller provides AC unit, stove and refrigerator for all 3 units. Stove in #89 is currently in need of replacement and can be credited at closing (or provided). Seller pays for plowing, mowing, taxes (2586.00 annually), insurance and trash ($740.00 annually through Republic Services). Seller pays electric, water and sewer and then back charges those expenses to the tenants who pay them along with the next month's rent. Recent improvements are : #85 - new flooring in 2015, new GD and HWH in 2021 / #87 - new fridge in 2015, new AC unit in 2016, new toilet in 2017, new carpet in 2018, new stove and GD in 2022 / #89 - new AC unit in 2018, new carpet in 2022, painted 2022. Agent owned.

Last Agent to Sell the Property

Carole Stormer-Vaux

Assured Real Estate License #368102 Listed on: 11/26/2022

Last Buyer's Agent

Michael Monaco

HomeSmart Real Estate Momentum LLC License #2014000795

HomeSmart Real Estate Momentum LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,586

Year Built

  • Built in 1986

Lot Details

  • 9,148

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,872 Sq Ft Home
  • 1-Story Property

Kitchen

  • Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Additional Features

  • 9,148 Sq Ft Lot
  • City Lot

Community Details

  • 3 Units
  • No Laundry Facilities

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, heating, sewer, water
  • The owner pays for trash collection
  • Assessor Parcel Number 15-C-002-0-00-023-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,586

Year Built

Built in 1986

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • Price Per Square Foot: 63.60
  • Estimated Price per Sq Ft: 63.60
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1872
  • Year Built: 1986
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1986

Interior Features

  • Appliances Equipment: Garbage Disposal, Range, Refrigerator
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Sq Ft Approx Above Grade Finished: 1872.00
  • Sq Ft Approx Total Finished: 1872.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

  • LaundryFeatures: None
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Painesville City LSD

Lot Info

  • Lot Description: City Lot
  • Lot Size Units: Acres
  • Acres: 0.2100
  • Parcel Number: 15-C-002-0-00-023-0

Rental Info

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

Multi Family

  • Unit Count: 1
  • Num Of Buildings: 1
  • Number of Units: 3
  • Percent Units Occupied: 66

Tax Info

  • Tax: 2586

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2022
Closed on
Dec 22, 2022
Sold by
Stormer-Vaux Carole and Stormer-Vaux Kevin
Bought by
Consolidated Improvements Llc
Seller's Agent
Carole Stormer-Vaux
Assured Real Estate
Buyer's Agent
Michael Monaco
HomeSmart Real Estate Momentum LLC
List Price
$145,000
Sold Price
$119,050
Premium/Discount to List
-$25,950
-17.9%
Views
29
Current Estimated Value
$161,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,688
Avg. Annual Appreciation
9.67%

Purchase Details

Closed on
Dec 17, 2009
Sold by
Stormer James K
Bought by
Stormer James K and Stormer Vaux Carole

Purchase Details

Closed on
Aug 28, 1992
Bought by
Stormer James K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Consolidated Improvements Llc $119,225 Chicago Title
Stormer James K -- Enterprise Title
Stormer James K $87,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2022 12/22/22 Sold $119,050 -17.9% $64 / Sq Ft
11/28/2022 11/28/22 Pending -- -- --
11/26/2022 11/26/22 For Sale $145,000 -- $77 / 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 -- $43,730 $8,070 $35,660
2024 -- $43,730 $8,070 $35,660
2023 $4,986 $40,260 $6,640 $33,620
2022 $2,586 $40,260 $6,640 $33,620
2021 $2,586 $40,260 $6,640 $33,620
2020 $2,507 $34,120 $5,630 $28,490
2019 $2,530 $34,120 $5,630 $28,490
2018 $2,386 $30,830 $9,230 $21,600
2017 $2,325 $30,830 $9,230 $21,600
2016 $2,313 $30,830 $9,230 $21,600
2015 $2,183 $30,830 $9,230 $21,600
2014 $2,177 $30,830 $9,230 $21,600
2013 $2,169 $30,830 $9,230 $21,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4425132

MLS Now

APN: 15-C-002-0-00-023

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