NOT LISTED FOR SALE

10615 Grace Ave Cleveland, OH 44125

Estimated Value: $91,000 - $129,184

3 Beds
1 Bath
1,954 Sq Ft
$56/Sq Ft Est. Value

Last Sold February 13, 2024

Last sale price $96,000 $49 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $701/month

50 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Porch
  • 1 Fireplace
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of February 2024

This spacious single-family home is a solid way to build your rental portfolio! The property is currently occupied renting for $1,140 per month with a 12-month lease expiring 11/30/24. The property has over 1,900 sqft, 3 bedrooms and 1 full bathroom. There is a 1-car garage and paved driveway for additional parking. Prior to tenant move in the home has been freshly painted. Most windows are vinyl and luxury vinyl plank flooring on main level. The exterior has a younger roof and aluminum siding. Professional management in place for years and willing to stay on. With easy highway access this is near food, shopping and public transit. Great opportunity with this occupied single-family home! Reach out to learn more!

Last Agent to Sell the Property

Mike Azzam

RE/MAX Haven Realty Brokerage Email: mike@theazzamgroup.com (216) 232-2187 License #2014004734 Listed on: 11/17/2023

RE/MAX Haven Realty

Last Buyer's Agent

Mike Azzam

RE/MAX Haven Realty Brokerage Email: mike@theazzamgroup.com (216) 232-2187 License #2014004734 Listed on: 11/17/2023

RE/MAX Haven Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • 7,248

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Fiberglass Roof
  • Asphalt Roof

Interior Spaces

  • 1,954 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Porch
  • 7,248 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Henry Tonsings Prophets Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 542-20-014

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1926
  • Attribution Contact: mike@theazzamgroup.com (216) 232-2187
  • Subdivision Name: Henry Tonsings Prophets Hill
  • Above Grade Finished Sq Ft: 1954.0
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.1664
  • Home Warranty: No
  • Construction Type: Other
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Garfield Heights CSD - 1815

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 542-20-014
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3304.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2023
Closed on
Feb 12, 2024
Sold by
Lee Hal Ro and Lee Yumi
Bought by
Pastoral Mary Lareine and Pastoral Harold Aster
Seller's Agent
Mike Azzam
RE/MAX Haven Realty
Buyer's Agent
Mike Azzam
RE/MAX Haven Realty
List Price
$110,000
Sold Price
$96,000
Premium/Discount to List
-$14,000
-12.73%
Views
109
Current Estimated Value
$108,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,796
Avg. Annual Appreciation
8.46%

Purchase Details

Listed on
Oct 24, 2018
Closed on
Nov 16, 2018
Sold by
R2 Cleveland Llc
Bought by
Nguyen Richard
Seller's Agent
Mike Azzam
RE/MAX Haven Realty
Buyer's Agent
Mike Azzam
RE/MAX Haven Realty
List Price
$65,000
Sold Price
$58,500
Premium/Discount to List
-$6,500
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.03%
Original Mortgage
$46,800
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2016
Sold by
Mountainside Realty Ventures Llc
Bought by
R2 Cleveland Llc

Purchase Details

Closed on
Jun 2, 2016
Sold by
Falkoski Lillian
Bought by
Mountainside Realty Venture Llc

Purchase Details

Closed on
Jun 7, 1976
Bought by
Falkoski Lillian

Purchase Details

Closed on
Feb 5, 1976
Sold by
Falkoski Joseph P and Falkoski Lillian
Bought by
Falkowskilillian

Purchase Details

Closed on
Jan 1, 1975
Bought by
Falkoski Joseph P and Falkoski Lillian
Source: Public Records

Range of Values:

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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
Pastoral Mary Lareine $96,000 Onyx Title
Nguyen Richard $58,500 Titleco Title Agency Ltd
R2 Cleveland Llc $55,000 Titleco Title Agency
Mountainside Realty Venture Llc $27,630 None Available
Falkoski Lillian -- --
Falkowskilillian -- --
Falkoski Joseph P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Hal Ro $81,750
Previous Owner Nguyen Richard $46,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2024 02/13/24 Sold $96,000 -8.6% $49 / Sq Ft
01/06/2024 01/06/24 Pending -- -- --
12/26/2023 12/26/23 Price Changed $105,000 -4.5% $54 / Sq Ft
11/17/2023 11/17/23 For Sale $110,000 0.0% $56 / Sq Ft
11/14/2022 11/14/22 Rented $1,085 0.0% --
11/08/2022 11/08/22 For Rent $1,085 0.0% --
07/24/2020 07/24/20 Sold $83,900 +5.0% $43 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $79,900 -4.8% $41 / Sq Ft
06/04/2020 06/04/20 Off Market $83,900 -- --
03/26/2020 03/26/20 For Sale $79,900 0.0% $41 / Sq Ft
06/20/2019 06/20/19 Rented $995 0.0% --
05/10/2019 05/10/19 Under Contract -- -- --
05/06/2019 05/06/19 For Rent $995 0.0% --
12/10/2018 12/10/18 Sold $58,500 -10.0% $35 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
10/24/2018 10/24/18 For Sale $65,000 -- $39 / 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 $3,691 $34,650 $9,485 $25,165
2023 $3,353 $29,370 $5,460 $23,910
2022 $3,304 $29,370 $5,460 $23,910
2021 $3,492 $29,370 $5,460 $23,910
2020 $2,509 $19,250 $4,380 $14,880
2019 $2,488 $55,000 $12,500 $42,500
2018 $2,651 $19,250 $4,380 $14,880
2017 $2,927 $21,640 $4,380 $17,260
2016 $3,505 $21,640 $4,380 $17,260
2015 $6,554 $21,640 $4,380 $17,260
2014 $6,704 $26,400 $5,360 $21,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4505080

MLS Now

APN: 542-20-014