NOT LISTED FOR SALE

11509 Rutland Ave Cleveland, OH 44108

Forest Hills Neighborhood

Estimated Value: $73,000 - $108,000

3 Beds
1 Bath
1,308 Sq Ft
$69/Sq Ft Est. Value

Last Sold June 10, 2020

Last sale price $51,000 $39 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $663/month

44 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Detached Garage
  • Forced Air Heating System
  • 1 Fireplace
  • Home Security System
  • Partially Fenced Property

About This Home

As of June 2020

Great investment opportunity for a passive income. Tenant in place, Three year lease, $1,002.00 monthly. HUD Section 8 guaranteed rent, CMHA compliant, recently passed inspection. The tenants are wonderful and their intentions are to stay long term. They take great care of the yard and house. Recently updated, this Colonial gem has 3 bedrooms, 1 bath, hardwood floors, fireplace, garage, partially finished basement, unfinished attic and brand new furnace.

Last Agent to Sell the Property

Glen Whitten

Ohio Property Group, LLC License #2002023149 Listed on: 04/15/2020

Last Buyer's Agent

James Collier

Epique Realty License #2018000637

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,048

Year Built

  • Built in 1924

Lot Details

  • 5,419 Sq Ft Lot
  • Partially Fenced Property

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,308 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Unfinished Basement

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Sw Saltzman's Hazeldell Sub Community

Listing and Financial Details

  • Assessor Parcel Number 111-08-043

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,048

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • Price Per Square Foot: 38.99
  • Estimated Price per Sq Ft: 38.99
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1308
  • Year Built: 1924
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1924

Interior Features

  • Appliances Equipment: CO Detector, Dishwasher, Dryer, Garbage Disposal, Wall Oven, Range, Security System, Smoke Detector, Washer
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Room Count: 8
  • Basement Detail: Unfinished
  • Sq Ft Approx Above Grade Finished: 1308.00
  • Sq Ft Approx Total Finished: 1308.00

Exterior Features

  • Exterior: Vinyl
  • Fences: Partial
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 1

Utilities

  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Sw Saltzman's Hazeldell Sub

Schools

  • School District: Cleveland Municipal

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1244
  • Parcel Number: 111-08-043

Tax Info

  • Tax: 1048

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2020
Closed on
Jun 26, 2020
Sold by
Cuyahoga Community Reinvestment Llc
Bought by
Lu Truong Minh
Seller's Agent
Glen Whitten
Ohio Property Group, LLC
Buyer's Agent
James Collier
Epique Realty
List Price
$54,900
Sold Price
$51,000
Premium/Discount to List
-$3,900
-7.1%
Current Estimated Value
$90,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,668
Avg. Annual Appreciation
11.27%
Original Mortgage
$38,250
Outstanding Balance
$33,918
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$56,750

Purchase Details

Closed on
Dec 17, 2019
Sold by
Price Rebecca Yingst and Estate Of Lisa Rene Pace
Bought by
Blue Chip Home Buyers Llc

Purchase Details

Closed on
Dec 1, 2019
Sold by
Blue Chip Home Buyers Llc
Bought by
Cuyahoga Community Reinvestment Llc

Purchase Details

Closed on
Jul 3, 2018
Sold by
Estate Of Lola Ford Pace
Bought by
Pace Lisa Irene

Purchase Details

Closed on
Jan 1, 1975
Bought by
Pace Connie and Pace Lola B
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Lu Truong Minh $51,000 None Available
Blue Chip Home Buyers Llc $4,379 Titleblue
Cuyahoga Community Reinvestment Llc $15,000 Titleblue
Pace Lisa Irene -- None Available
Pace Connie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Truong Minh $38,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2020 06/10/20 Sold $51,000 -7.1% $39 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
04/15/2020 04/15/20 For Sale $54,900 -- $42 / 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 $2,256 $33,740 $4,620 $29,120
2023 $1,385 $17,860 $2,700 $15,160
2022 $1,377 $17,850 $2,700 $15,160
2021 $1,364 $17,850 $2,700 $15,160
2020 $953 $6,440 $2,210 $4,240
2019 $528 $18,400 $6,300 $12,100
2018 $0 $6,440 $2,210 $4,240
2017 $23 $9,030 $3,850 $5,180
2016 $23 $9,030 $3,850 $5,180
2015 $107 $9,030 $3,850 $5,180
2014 $107 $10,050 $4,270 $5,780
Source: Public Records

Agents Affiliated with this Home

  • Glen Whitten

    Seller's Agent in 2020

    Glen Whitten

    Ohio Property Group, LLC

    (419) 790-3106

    3 in this area

    1,616 Total Sales

    Glen Whitten
    Section Image

  • J

    Buyer's Agent in 2020

    James Collier

    Epique Realty

    (216) 868-6457

    22 Total Sales

    James Collier
    Section Image
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Map

Source: MLS Now

MLS Number: 4181370

MLS Now

APN: 111-08-043

Ohio Cuyahoga County Cleveland 44108 Forest Hills

11509 Rutland Ave, Cleveland, OH

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