12018 Lenacrave Ave Cleveland, OH 44105
Corlett Neighborhood
4
Beds
1.5
Baths
2,157
Sq Ft
5,227
Sq Ft Lot
Highlights
- Cape Cod Architecture
- No HOA
- Public Transportation
- 1 Fireplace
- Porch
- Forced Air Heating System
About This Home
As of February 2025Attention All Cash Investors! Discover a prime/affordable investment opportunity with this spacious 4-bedroom, 1.5-bath home. Located on a quiet street, this property is perfect for those looking to maximize cash flow and expand their rental portfolio or undertake a rewarding fix-and-flip project. Key Features: Relaxing Front Porch: Enjoy a serene spot for morning coffee or evening relaxation. Full Basement: endless possibilities and perfect storage. Fenced Lot: Private and secure, ideal for families or pet owners. Spacious Layout: Four generously-sized bedrooms to ensure high rental yields. Charming Architecture: Beautiful details and character throughout, showcasing craftsmanship that stands the test of time. This home requires cosmetic updates but boasts a fantastic floor plan that offers immense potential. The detailed architecture and charm of this property make it a unique and valuable addition to any investment portfolio. Don't miss out on this easy-to-show property that's ripe with opportunity. Call today for more details and to schedule a viewing. Your next successful investment starts here!
Last Agent to Sell the Property
Coldwell Banker Schmidt Realty Brokerage Email: thefrederickteam@gmail.com 216-210-7653 License #426983 Listed on: 07/16/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $350
Year Built
- Built in 1925
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 38x135
- Chain Link Fence
Home Design
- Cape Cod Architecture
- Bungalow
- Fixer Upper
- Fiberglass Roof
- Asphalt Roof
- Wood Siding
- Vinyl Siding
Interior Spaces
- 2-Story Property
- 1 Fireplace
Bedrooms and Bathrooms
- 4 Bedrooms
- 1.5 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Parking
- No Garage
- Driveway
Outdoor Features
- Porch
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- No Home Owners Association
- Public Transportation
Listing and Financial Details
- REO, home is currently bank or lender owned
- Assessor Parcel Number 137-21-052
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 29, 2024
Closed on
Feb 19, 2025
Sold by
Kscd Properties Inc and Johnnie Boyds Llc
Bought by
Conde Consulting Llc
Seller's Agent
LaTanya Jackson
EXP Realty, LLC.
Buyer's Agent
Melissa Harford
McDowell Homes Real Estate Services
List Price
$114,900
Sold Price
$102,000
Premium/Discount to List
-$12,900
-11.23%
Views
88
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,870
Avg. Annual Appreciation
-8.60%
Original Mortgage
$81,600
Outstanding Balance
$81,532
Interest Rate
6.93%
Mortgage Type
Credit Line Revolving
Estimated Equity
$16,598
Purchase Details
Listed on
Jul 16, 2024
Closed on
Sep 3, 2024
Sold by
Anchor Investment Holdings Llc
Bought by
Vegada Investments Llc
Seller's Agent
Christopher Frederick
Coldwell Banker Schmidt Realty
Buyer's Agent
LaTanya Jackson
EXP Realty, LLC.
List Price
$45,000
Sold Price
$47,000
Premium/Discount to List
$2,000
4.44%
Views
12
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
343.73%
Purchase Details
Listed on
Jul 16, 2024
Closed on
Aug 13, 2024
Sold by
Anchor Investment Holdings Llc
Bought by
Kscd Properties Inc and Johnnie Boyds Llc
Seller's Agent
Christopher Frederick
Coldwell Banker Schmidt Realty
Buyer's Agent
LaTanya Jackson
EXP Realty, LLC.
List Price
$45,000
Sold Price
$47,000
Premium/Discount to List
$2,000
4.44%
Views
12
Purchase Details
Closed on
Jun 28, 2017
Sold by
Palouse Capital Group Llc
Bought by
Anchor Investment Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 23, 2017
Sold by
Snyman Jo Wandre
Bought by
Capital Group Llc
Purchase Details
Closed on
Feb 24, 2014
Sold by
Credit Rite Solutions Llc
Bought by
Snyman Jo Wandre
Purchase Details
Closed on
May 17, 2011
Sold by
Terkow Properties Ltd
Bought by
Credit Rite Solutions Llc
Purchase Details
Closed on
Nov 7, 2007
Sold by
Bank Of New York
Bought by
Terkow Properties Ltd
Purchase Details
Closed on
Mar 5, 2007
Sold by
Mosley Valerie D
Bought by
Bank Of New York
Purchase Details
Closed on
Apr 21, 2005
Sold by
Harris Jennifer and Harris William
Bought by
Mosley Valerie D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,900
Interest Rate
5.89%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 10, 2003
Sold by
Banks Leonia
Bought by
Harris Jennifer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,550
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 1, 2003
Sold by
Estate Of Shelby J Banks
Bought by
Banks Leonia
Purchase Details
Closed on
Jan 1, 1975
Bought by
Banks Shelby J and Banks Leonia
Similar Homes in Cleveland, OH
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 | $102,000 | Cleveland Home Title | |
| Warranty Deed | $71,500 | Miller Home Title | |
| Warranty Deed | $47,000 | Miller Home Title | |
| Warranty Deed | $15,000 | Chicago Title Insurance Co | |
| Warranty Deed | $73,000 | Chicago Title Ins Co | |
| Warranty Deed | $16,000 | Innovative Title | |
| Limited Warranty Deed | $1,000 | Freedom Title | |
| Corporate Deed | $4,000 | Resource Title Agency Inc | |
| Sheriffs Deed | $26,667 | Attorney | |
| Warranty Deed | $94,900 | -- | |
| Warranty Deed | $49,000 | Choice Title Agency Inc | |
| Certificate Of Transfer | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $81,600 | Credit Line Revolving | |
| Previous Owner | $877,805 | New Conventional | |
| Previous Owner | $35,000 | Purchase Money Mortgage | |
| Previous Owner | $84,900 | FHA | |
| Previous Owner | $46,550 | Purchase Money Mortgage | |
| Previous Owner | $10,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/20/2025 02/20/25 | Sold | $102,000 | -2.8% | $79 / Sq Ft |
| 01/16/2025 01/16/25 | Pending | -- | -- | -- |
| 01/13/2025 01/13/25 | Price Changed | $104,900 | -4.5% | $81 / Sq Ft |
| 11/25/2024 11/25/24 | Price Changed | $109,900 | -4.4% | $85 / Sq Ft |
| 10/29/2024 10/29/24 | For Sale | $114,900 | +144.5% | $89 / Sq Ft |
| 08/16/2024 08/16/24 | Sold | $47,000 | +4.4% | $22 / Sq Ft |
| 07/23/2024 07/23/24 | Pending | -- | -- | -- |
| 07/17/2024 07/17/24 | For Sale | $45,000 | -- | $21 / 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 | $651 | $9,730 | $4,340 | $5,390 |
| 2023 | $350 | $4,520 | $2,840 | $1,680 |
| 2022 | $348 | $4,515 | $2,835 | $1,680 |
| 2021 | $345 | $4,520 | $2,840 | $1,680 |
| 2020 | $344 | $3,890 | $2,450 | $1,440 |
| 2019 | $318 | $11,100 | $7,000 | $4,100 |
| 2018 | $341 | $3,890 | $2,450 | $1,440 |
| 2017 | $240 | $2,840 | $2,100 | $740 |
| 2016 | $238 | $2,840 | $2,100 | $740 |
| 2015 | $1,317 | $2,840 | $2,100 | $740 |
| 2014 | $646 | $3,330 | $2,490 | $840 |
Source: Public Records
Agents Affiliated with this Home
-
LaTanya Jackson
L
Seller's Agent in 2025
LaTanya Jackson
EXP Realty, LLC.
(216) 272-9094
4 in this area
76 Total Sales
-
Melissa Harford
Buyer's Agent in 2025
Melissa Harford
McDowell Homes Real Estate Services
(440) 463-2424
2 in this area
194 Total Sales
-
Kelly Van Horn
K
Buyer Co-Listing Agent in 2025
Kelly Van Horn
McDowell Homes Real Estate Services
(440) 477-2911
2 in this area
15 Total Sales
-
Christopher Frederick
Seller's Agent in 2024
Christopher Frederick
Coldwell Banker Schmidt Realty
(216) 210-7653
1 in this area
680 Total Sales
Map
Source: MLS Now
MLS Number: 5053645
APN: 137-21-052
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