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Posted on: April 25, 2022

For sale: City rehabbed house on Jacobs Street

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A former rental house on Jacobs Street that the City has renovated is now on the market. Asking price is $295,000.

The house at 106 Jacob St. is one of five former rentals donated to the City by developer DiGeronimo Companies in 2016. The houses were rented to college students and were in a state of disrepair. DiGeronimo ceded the properties to Berea in exchange for a small parking lot on Front Street next to Kulas Hall. The developer wanted the parking lot property as part of the construction of the University Marketplace. Cost to the City for the five houses was zero.

As part of the purchase agreement, any new owners must sign a deed restriction that the house will be owner-occupied and will not be rented. The house was also made a part of the Century Home Garden District Homeowners Association, which was designed to maintain the integrity of the neighborhood.

There are 28 homes in the Homeowners Association. Rob Shurell, who lives on Seminary Street and is a member of the HOA, said “The HOA is he backbone of this area.” He said more homeowners are joining the HOA, which is in the heart of the college district, to preserve the single-family character of the neighborhood.

Marlene Shurell, president of the HOA, called the area “a special neighborhood” and thanked Mayor Cyril Kleem for working with the HOA.

“This has been a long process,” the Mayor said. “This included a lot of meetings and negotiations. There was a lot of work to hash out the details.” He especially thanked Dr. Martin and Lynn Taliak, the Shurells, Council Member Erika Coble and Development Director Matt Madzy, among others, for working together to ensure that the Jacobs Street house could join the HOA.

The two-story, 2,912-square-foot house has a detached garage. The house is listed on Zillow and will be sold “as is.” Offers will be reviewed by the City. If none of the offers are acceptable, a licensed real estate agent will be hired. 

Jim Brown, who oversaw the renovations, said the repairs cost approximately $150,000. “Construction was very difficult during the pandemic,” he said. “We had supply chain issues.” He also noted that major renovations were required to the interior. 

Of the five houses acquired from DiGeronimo, one at 115 Seminary has been renovated and sold and one on Eastland Road was torn down. That property is now a vacant lot. Two other homes at 180 and 190 Beech St. are yet to be rehabbed but basic repairs have been made. 

According to Finance Director Andrea Morris, proceeds from the sale of the Jacobs Street house will go into the Neighborhood Capital Improvement Fund and will be used to fix up one of the remaining properties.

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