100% occupied duplex with one long term tenant. Both units are currently MTM. 59 W. South St is part of a larger investment real estate portfolio. See MLS #4468705 (4 properties) and MLS #4468709 (7 properties) for portfolio details. Property may be purchased individually with bank approval due to umbrella financing currently in place.
Closed
$118,000
59 W South St, Painesville, OH 44077
4beds
2,783sqft
Duplex, Multi Family
Built in 1920
-- sqft lot
$176,000 Zestimate®
$42/sqft
$1,332 Estimated rent
Home value
$176,000
$151,000 - $201,000
$1,332/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Wesley Purvis wes@purvisre.com(216)245-5478,
Coldwell Banker Schmidt Realty
Bought with:
Chandler Jekutis, 2018003908
Keller Williams Greater Cleveland Northeast
Source: MLS Now,MLS#: 4468701
Originating MLS: Lake Geauga Area Association of REALTORS
Originating MLS: Lake Geauga Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Gas, Hot Water, Steam
Cooling
- None
Appliances
- Laundry: Common Area
Features
- Basement: Full,Unfinished
Interior area
- Total structure area: 2,783
- Total interior livable area: 2,783 sqft
- Finished area above ground: 1,883
- Finished area below ground: 900
Property
Parking
- Total spaces: 1
- Parking features: Detached, Garage, Paved
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,100 Square Feet
- Features: Corner Lot
Details
- Parcel number: 15C0070000350
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt,Fiberglass,Pitched
Condition
- Year built: 1920
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Pj Mighton Surv
Location
- Region: Painesville
Financial & listing details
- Price per square foot: $42/sqft
- Tax assessed value: $139,540
- Annual tax amount: $2,293
- Date on market: 12/6/2023
- Cumulative days on market: 17 days
- Tenant pays: Cable TV, Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2023 | Sold | $118,000-15.7%$42/sqft |
Source:  MLS Now #4468701 Report a problem | ||
| 7/24/2023 | Pending sale | $140,000$50/sqft |
Source: MLS Now #4468701 Report a problem | ||
| 7/11/2023 | Listed for sale | $140,000+27.4%$50/sqft |
Source: MLS Now #4468701 Report a problem | ||
| 7/26/2018 | Listing removed | $109,900$39/sqft |
Source: Howard Hanna - Mentor #3958777 Report a problem | ||
| 3/10/2018 | Price change | $109,900-12.1%$39/sqft |
Source: Howard Hanna - Mentor #3958777 Report a problem | ||
| 11/29/2017 | Listed for sale | $125,000$45/sqft |
Source: Howard Hanna - Mentor #3958777 Report a problem | ||
| 12/7/2007 | Sold | $125,000+38.9%$45/sqft |
Source: Public Record Report a problem | ||
| 6/22/2001 | Sold | $90,000+74.8%$32/sqft |
Source: Public Record Report a problem | ||
| 11/8/1996 | Sold | $51,500$19/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,693 +9.7% | $48,840 |
| 2024 | $2,455 +8.1% | $48,840 +35.1% |
| 2023 | $2,271 -1% | $36,160 |
| 2022 | $2,293 0% | $36,160 |
| 2021 | $2,293 +3.2% | $36,160 +18% |
| 2020 | $2,223 -0.9% | $30,650 |
| 2019 | $2,244 +10% | $30,650 +7.1% |
| 2018 | $2,040 | $28,610 |
| 2017 | $2,040 +0.5% | $28,610 |
| 2016 | $2,030 +0.2% | $28,610 |
| 2015 | $2,026 +0.3% | $28,610 |
| 2014 | $2,020 +0.4% | $28,610 |
| 2013 | $2,013 +7.8% | $28,610 -0.3% |
| 2012 | $1,866 +3.8% | $28,700 -11.2% |
| 2011 | $1,797 +1.2% | $32,310 |
| 2010 | $1,776 +5% | $32,310 +0% |
| 2009 | $1,691 -1.9% | $32,306 -10% |
| 2008 | $1,724 +1% | $35,897 |
| 2007 | $1,707 -57.1% | $35,897 |
| 2006 | $3,978 +1.4% | $35,897 +2.6% |
| 2005 | $3,922 -0.1% | $34,986 |
| 2004 | $3,927 +7.3% | $34,986 |
| 2003 | $3,660 +25.2% | $34,986 +25.4% |
| 2002 | $2,922 -0.1% | $27,892 |
| 2001 | $2,925 -2.2% | $27,892 -3.1% |
| 2000 | $2,991 +11.2% | $28,771 +11.2% |
| 1999 | $2,690 | $25,876 |
Find assessor info on the county website
Neighborhood: 44077
Nearby homes
- $91,4001 bd1 ba576 sqft225 Marion Ave, Painesville, OH 44077Off Market
- $250,8004 bd2 ba2.1k sqft51 W South St, Painesville, OH 44077Off Market
- $194,1003 bd1 ba1.6k sqft71 W South St, Painesville, OH 44077Off Market
- $152,1002 bd1 ba840 sqft47 W South St, Painesville, OH 44077Off Market
- $280,4006 bd4 ba4k sqft62 W South St, Painesville, OH 44077Off Market
- $23,7300.3 Acres41 W South St, Painesville, OH 44077Off Market
- $154,4003 bd1 ba1.2k sqft50 W South St, Painesville, OH 44077Off Market
- $176,1002 bd1 ba858 sqft231 Marion Ave, Painesville, OH 44077Off Market
Nearby schools
GreatSchools rating
- 4/10Maple Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 5/10Heritage Middle SchoolGrades: 6-8Distance: 0.7 mi
- 4/10Harvey High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- District: Painesville City LSD - 4305
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$176,000
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Estimated market value
$176,000
- Ohio
- Lake County
- Painesville
- 44077
- 59 W South St
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