NOT LISTED FOR SALE

9870 E River Rd Elyria, OH 44035

Estimated Value: $135,000 - $184,939

4 Beds
2 Baths
1,726 Sq Ft
$90/Sq Ft Est. Value

Last Sold July 20, 2023

Last sale price $120,000 $70 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $989/month

29 Days on Market

Highlights

  • 0.7 Acre Lot
  • Midview West Elementary School Rated 9+
  • Forced Air Heating System

About This Home

As of July 2023

This property is a fantastic opportunity for anyone looking for an investment with great income potential! Located in Carlisle Township with Midview School District. This unique riverfront property features two separate homes on the same parcel of land with the Black River as your backyard view! The Long-time tenants are willing to stay. All appliances stay. Schedule your showing today!

Last Agent to Sell the Property

Christopher Moscarino

Keller Williams Elevate License #2017000395 Listed on: 05/04/2023

Keller Williams Elevate

Co-Listed By

Monica Madera

Keller Williams Elevate License #2022001761

Last Buyer's Agent

Marcella Musat

Russell Real Estate Services License #2016005733

Russell Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,682

Year Built

  • Built in 1915

Lot Details

  • 0.7 Acre Lot

Parking

  • Shared Driveway

Home Design

  • Slate Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,726 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 10-00-004-132-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,682

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 69.52
  • Estimated Price per Sq Ft: 69.52
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1726
  • Year Built: 1915
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1915

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full
  • Laundry: 2
  • Sq Ft Approx Above Grade Finished: 1726.00
  • Sq Ft Approx Total Finished: 1726.00

Exterior Features

  • Exterior: Vinyl, Wood
  • Roof: Asphalt/Fiberglass, Slate

Garage/Parking

  • Driveway: Shared

Utilities

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

Schools

  • School District: Midview LSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.7000
  • Parcel Number: 10-00-004-132-002

Multi Family

  • Unit Count: 2
  • Num Of Buildings: 2
  • Number of Units: 2

Tax Info

  • Tax: 2682

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Jul 20, 2023
Sold by
Ferut Joseph F and Ferut Philomena J
Bought by
Sherman Alex A
Seller's Agent
Christopher Moscarino
Keller Williams Elevate
Buyer's Agent
Marcella Musat
Russell Real Estate Services
List Price
$140,000
Sold Price
$120,000
Premium/Discount to List
-$20,000
-14.29%
Views
142
Current Estimated Value
$155,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,485
Avg. Annual Appreciation
11.25%
Original Mortgage
$90,000
Outstanding Balance
$87,821
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$67,664
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sherman Alex A $120,000 Newman Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherman Alex A $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2023 07/20/23 Sold $120,000 -14.3% $70 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $140,000 -- $81 / 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 $2,098 $46,050 $13,745 $32,305
2023 $2,696 $52,696 $20,934 $31,763
2022 $2,682 $52,696 $20,934 $31,763
2021 $2,688 $52,696 $20,934 $31,763
2020 $2,532 $46,520 $18,480 $28,040
2019 $2,535 $46,520 $18,480 $28,040
2018 $2,512 $46,520 $18,480 $28,040
2017 $2,480 $41,580 $14,870 $26,710
2016 $2,496 $41,580 $14,870 $26,710
2015 $2,486 $41,580 $14,870 $26,710
2014 $1,472 $41,580 $14,870 $26,710
2013 $1,472 $41,580 $14,870 $26,710
Source: Public Records

Agents Affiliated with this Home

  • Christopher Moscarino

    Seller's Agent in 2023

    Christopher Moscarino

    Keller Williams Elevate

    (440) 227-2615

    2 in this area

    224 Total Sales

    Christopher Moscarino
    Section Image
  • Monica Madera

    Seller Co-Listing Agent in 2023

    Monica Madera

    Keller Williams Elevate

    (216) 513-0771

    1 in this area

    21 Total Sales

    Monica Madera
    Section Image
  • Marcella Musat

    Buyer's Agent in 2023

    Marcella Musat

    Russell Real Estate Services

    (330) 635-3521

    24 in this area

    167 Total Sales

    Marcella Musat
    Section Image
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Map

Source: MLS Now

MLS Number: 4455085

MLS Now

APN: 10-00-004-132-002

Ohio Lorain County Elyria 44035

9870 E River Rd, Elyria, OH

Not Listed for Sale

MultiFamily

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