11912 Derby Rd Cleveland, OH 44125
3
Beds
1
Bath
1,164
Sq Ft
4,800
Sq Ft Lot
Highlights
- Cape Cod Architecture
- No HOA
- Front Porch
- 1 Fireplace
- 2 Car Detached Garage
- Landscaped
About This Home
As of May 2025Turn-Key Investment Property with Long-Term Tenant in Place!Start generating income immediately with this tastefully updated 3-bedroom, 1-bath home. Featuring luxury vinyl flooring throughout the main floor, and freshly painted interior, this property offers modern finishes and a comfortable layout.The first floor boasts two good-sized bedrooms, a full bathroom with a tile tub/shower surround and a newer vanity. The kitchen has ample cabinetry, beautiful granite counters and all appliances that stay with the home. Upstairs you will find the spacious third bedroom with lots of closet space and vinyl flooring. The partially finished basement has a cozy fireplace and vinyl flooring, perfect for movie nights or a playroom. There's also ample storage space in the unfinished area of the basement, and well-maintained mechanicals, all replaced within the past 6 years.Outside has a sizable yard with a 2-car detached garage offers plenty of room for outdoor activities.With a long-term tenant already in place, this property is a perfect, hassle-free investment opportunity.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Professional Realty Brokerage Email: 440-805-9098 broker@bhhspro.com License #2017005893 Listed on: 04/09/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1953 | Remodeled
Lot Details
- 4,800 Sq Ft Lot
- Back Yard Fenced
- Chain Link Fence
- Landscaped
Parking
- 2 Car Detached Garage
- Garage Door Opener
Home Design
- Cape Cod Architecture
- Bungalow
- Block Foundation
- Fiberglass Roof
- Asphalt Roof
- Aluminum Siding
Interior Spaces
- 1,164 Sq Ft Home
- 2-Story Property
- 1 Fireplace
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- 1 Full Bathroom
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Outdoor Features
- Front Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Community Details
- No Home Owners Association
- Suburban Dev Companys Subdivision
Listing and Financial Details
- Assessor Parcel Number 542-36-050
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 9, 2025
Closed on
Apr 28, 2025
Sold by
Erlandson Holdings Llc
Bought by
Targul Property Group Llc
Seller's Agent
Theresa Brannen
Berkshire Hathaway HomeServices Professional Realty
Buyer's Agent
Joseph Medina
EXP Realty, LLC.
List Price
$139,900
Sold Price
$130,000
Premium/Discount to List
-$9,900
-7.08%
Views
11
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.56%
Original Mortgage
$127,000
Outstanding Balance
$127,000
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$9,221
Purchase Details
Listed on
Apr 12, 2020
Closed on
May 7, 2020
Sold by
Johnson Eldridge
Bought by
Erlandson Holdings Llc
Seller's Agent
Mark Romans
Keller Williams Greater Cleveland Northeast
Buyer's Agent
Greg Erlanger
Keller Williams Citywide
List Price
$74,000
Sold Price
$71,000
Premium/Discount to List
-$3,000
-4.05%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.89%
Purchase Details
Closed on
Nov 3, 2015
Sold by
Garcea Karen
Bought by
Johnson Eldridge
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,650
Interest Rate
3.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 1, 1975
Bought by
Kwiatkowski Jeanette
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $130,000 | Ohio Real Title | |
| Warranty Deed | $71,000 | Cleveland Home Title | |
| Fiduciary Deed | $45,000 | Attorney | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $127,000 | New Conventional | |
| Previous Owner | $43,650 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/02/2025 05/02/25 | Sold | $130,000 | -7.1% | $112 / Sq Ft |
| 04/10/2025 04/10/25 | Pending | -- | -- | -- |
| 04/09/2025 04/09/25 | For Sale | $139,900 | +97.0% | $120 / Sq Ft |
| 05/08/2020 05/08/20 | Sold | $71,000 | -4.1% | $61 / Sq Ft |
| 04/16/2020 04/16/20 | Pending | -- | -- | -- |
| 04/12/2020 04/12/20 | For Sale | $74,000 | -- | $64 / Sq Ft |
Source: MLS Now
Tax History Compared to Growth
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 | $4,834 | $46,760 | $8,050 | $38,710 |
| 2023 | $3,058 | $26,820 | $5,780 | $21,040 |
| 2022 | $3,015 | $26,810 | $5,780 | $21,040 |
| 2021 | $3,188 | $26,810 | $5,780 | $21,040 |
| 2020 | $2,740 | $21,460 | $4,620 | $16,840 |
| 2019 | $2,717 | $61,300 | $13,200 | $48,100 |
| 2018 | $2,137 | $21,460 | $4,620 | $16,840 |
| 2017 | $2,712 | $20,060 | $3,850 | $16,210 |
| 2016 | $2,685 | $20,060 | $3,850 | $16,210 |
| 2015 | $1,532 | $20,060 | $3,850 | $16,210 |
| 2014 | $1,532 | $21,110 | $4,060 | $17,050 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Theresa Brannen
Berkshire Hathaway HomeServices Professional Realty
(440) 454-4450
3 in this area
73 Total Sales
-
Buyer's Agent in 2025
Joseph Medina
EXP Realty, LLC.
(440) 382-7709
2 in this area
73 Total Sales
-
M
Seller's Agent in 2020
Mark Romans
Keller Williams Greater Cleveland Northeast
(440) 554-1596
1 in this area
24 Total Sales
-
Buyer's Agent in 2020
Greg Erlanger
Keller Williams Citywide
(440) 892-2211
46 in this area
3,827 Total Sales
Map
Source: MLS Now
MLS Number: 5112638
APN: 542-36-050
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