NOT LISTED FOR SALE

925 Lake Ave Aurora, OH 44202

Estimated Value: $166,237 - $325,000

7 Beds
7 Baths
3,558 Sq Ft
$71/Sq Ft Est. Value

Sale Details

Date Sold: November 23, 2022

Last sale price $278,000 $78 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $1,499 / mo

143 Days on Market

Highlights

  • 1 Car Attached Garage
  • Miller Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of November 2022

Great opportunity for income property with this 2 BR, 2 Full Bath House and 5 apartments multifamily Aurora property. Covering .53 acres, there are 3 buildings on 2 parcels. Currently there are 5 rentable apts and a single family home. It would be possible to turn it into 7 or 8 apartments. 925 Lake is a 2 BR, 2 Full Bath - 1296 sq ft house that could continue as a single family or split into 2 apartments and sits on its own parcel. The 2nd parcel has 931 and 933 Lake Ave. 931 Lake has three 1 BR, 1 BA apartments and a 4th possible in attic. 933 Lake has two 1 BR, 1 BA apts. Plenty of parking, 1 car garage, lg yard with storage shed. Both parcels are grandfathered into their use as residential and multifamily, or could be converted to a list of possible Commercial uses according to Aurora zoning. Across the street the new 550 acre Geauga Lake Amusement Park Re-development: Renaissance Park will have 225 acres of green space connecting by trail to downtown Aurora, over 375 residential homes priced approx $430-$630,000, Class A apartments, Class A Office space and major anchor stores. Situated just off Rte 43 in Portage County, within a mile are WalMart, Target, Kohl's, Home Depot, the coming Menards and Meier stores, and many other retailers and restaurants.What's missing is smaller, affordable apartments. A unique income producing property and opportunity in Aurora. Financials in supplements. Showings require minimum 24 hrs notice.

Last Agent to Sell the Property

Andrea Hauserman

Keller Williams Chervenic Rlty License #2016005652 Listed on: 06/13/2022

Keller Williams Chervenic Rlty

Last Buyer's Agent

Joel Lancry

Acacia Realty, LLC. License #434396

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,778

Year Built

  • Built in 1920

Lot Details

  • 22,956 Sq Ft Lot
  • Unpaved Streets

Home Design

  • Asphalt Roof
  • Cedar

Interior Spaces

  • 3,558 Sq Ft Home
  • 4-Story Property
  • Crawl Space
  • Laundry in unit

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Driveway

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 3 Buildings
  • 6 Units
  • Glo Co Community

Listing and Financial Details

  • Tenant pays for cable/electric link
  • The owner pays for electric, gas, heating, sewer, trash collection, water
  • Assessor Parcel Number 03-001-31-00-103-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,778

Year Built

Built in 1920

Lot Details

0.53 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Price Per Square Foot: 78.13
  • Estimated Price per Sq Ft: 78.13
  • Year Built Exception: Actual YBT
  • Total Sq Ft: 3558
  • Year Built: 1920
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Appliances Equipment: Range, Refrigerator
  • Total Bedrooms: 7
  • Total Bathrooms: 7.00
  • Full Bathrooms: 7
  • Basement Detail: Crawl
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 3558.00
  • Sq Ft Approx Total Finished: 3558.00

Exterior Features

  • Exterior: Cedar, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved, Unpaved
  • Garage Features: Attached
  • Garage Num Of Cars: 1

Utilities

  • LaundryFeatures: In Unit
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Glo Co

Schools

  • School District: Aurora CSD

Lot Info

  • Additional Assessor Parcel Number 1: 03-001-31-00-104-000
  • Lot Size Units: Acres
  • Acres: 0.5270
  • Parcel Number: 03-001-31-00-103-000

Rental Info

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

Multi Family

  • Num Of Buildings: 3
  • Number of Units: 6

Tax Info

  • Tax: 3778

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2023
Sold by
2014 Properties Llc
Bought by
Geauga Lake Motel Rentals Llc
Current Estimated Value
$252,559

Purchase Details

Listed on
Jun 13, 2022
Closed on
Nov 22, 2022
Sold by
Guarnieri Kathleen
Bought by
2014 Properties Llc
Seller's Agent
Andrea Hauserman
Keller Williams Chervenic Rlty
Buyer's Agent
Joel Lancry
Acacia Realty, LLC.
List Price
$460,000
Sold Price
$278,000
Premium/Discount to List
-$182,000
-39.57%
Views
94

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.71%

Purchase Details

Closed on
Jan 1, 1990
Bought by
Guarnieri Charles
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Geauga Lake Motel Rentals Llc -- Ohio Title
2014 Properties Llc -- Ohio Title
Guarnieri Charles -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2022 11/23/22 Sold $278,000 -7.3% $78 / Sq Ft
11/03/2022 11/03/22 Pending -- -- --
10/14/2022 10/14/22 Price Changed $300,000 -14.3% $84 / Sq Ft
09/09/2022 09/09/22 Price Changed $350,000 -12.5% $98 / Sq Ft
08/09/2022 08/09/22 Price Changed $400,000 -13.0% $112 / Sq Ft
08/02/2022 08/02/22 For Sale $460,000 0.0% $129 / Sq Ft
07/06/2022 07/06/22 Pending -- -- --
06/13/2022 06/13/22 For Sale $460,000 -- $129 / 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 $1,820 $39,170 $10,290 $28,880
2024 $1,789 $39,170 $10,290 $28,880
2023 $1,595 $28,420 $10,290 $18,130
2022 $978 $28,420 $10,290 $18,130
2021 $984 $28,420 $10,290 $18,130
2020 $859 $24,780 $10,290 $14,490
2019 $865 $24,780 $10,290 $14,490
2018 $826 $22,650 $10,290 $12,360
2017 $826 $22,650 $10,290 $12,360
2016 $744 $22,650 $10,290 $12,360
2015 $765 $22,650 $10,290 $12,360
2014 $780 $22,650 $10,290 $12,360
2013 $776 $22,650 $10,290 $12,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4381649

MLS Now

APN: 03-001-31-00-103-000

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