NOT LISTED FOR SALE

12305 Farringdon Ave Cleveland, OH 44105

Mount Pleasant Neighborhood

Estimated Value: $69,000 - $87,000

4 Beds
2 Baths
1,794 Sq Ft
$43/Sq Ft Est. Value

Last Sold October 03, 2022

Last sale price $62,000 $35 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $538/month

78 Days on Market

Highlights

  • Forced Air Heating System
  • Laundry Facilities
  • South Facing Home

About This Home

As of October 2022

Great opportunity to own fully occupied Investment Property. Recent updates include new electrical, some newer plumbing, newer hot water tanks, vinyl siding, windows and carpet. Current tenants have been there since March 2020 and the current leases expire at the end of September 2022.

Last Agent to Sell the Property

David Reddy

Keller Williams Citywide License #2001006408 Listed on: 06/06/2022

Keller Williams Citywide

Last Buyer's Agent

Mark Colucci

Keller Williams Citywide License #2020004747

Keller Williams Citywide

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $931

Year Built

  • Built in 1928

Lot Details

  • 5,998 Sq Ft Lot
  • South Facing Home

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,794 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 137-09-127

Community Details

Overview

  • 2 Units
  • L A Kellys Proposed Allotment Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$931

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: South
  • Price Per Square Foot: 34.56
  • Estimated Price per Sq Ft: 34.56
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1794
  • Year Built: 1928
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1928

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1794.00
  • Sq Ft Approx Total Finished: 1794.00

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: L A Kellys Proposed Allotment

Schools

  • School District: Cleveland Municipal
  • School District: Cleveland Municipal

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1377
  • Parcel Number: 137-09-127

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Cable/Electric Link, Electric, Gas

Multi Family

  • Unit Count: 1
  • Num Of Buildings: 1
  • Number of Units: 2

Tax Info

  • Tax: 931

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2022
Closed on
Sep 28, 2022
Sold by
Berler Michael L
Bought by
Derisman Haurltz and Pierre Louis Charlyne
Seller's Agent
David Reddy
Keller Williams Citywide
Buyer's Agent
Mark Colucci
Keller Williams Citywide
List Price
$68,000
Sold Price
$62,000
Premium/Discount to List
-$6,000
-8.82%
Views
2
Current Estimated Value
$76,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,724
Avg. Annual Appreciation
6.36%
Original Mortgage
$46,500
Outstanding Balance
$45,654
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$28,586

Purchase Details

Closed on
Apr 10, 2020
Sold by
Cuyahoga County Land Reutilization Corp
Bought by
Berler Michael L

Purchase Details

Closed on
Sep 18, 2018
Sold by
Gunn Mark P
Bought by
Cuyahoga County Land Reutilization Corp

Purchase Details

Closed on
Oct 29, 2013
Sold by
Bragg Doris
Bought by
Gunn Mark P

Purchase Details

Closed on
Jul 18, 2002
Sold by
Rysar Properties Inc
Bought by
Bragg Doris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,083
Interest Rate
6.79%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 3, 1985
Sold by
Calloway Floyd
Bought by
Calloway Floyd

Purchase Details

Closed on
Feb 20, 1979
Sold by
Boehnke Ann
Bought by
Calloway Floyd

Purchase Details

Closed on
Jan 1, 1975
Bought by
Boehnke Ann
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
Derisman Haurltz $62,000 Ohio Real Title
Berler Michael L -- None Available
Cuyahoga County Land Reutilization Corp -- None Available
Gunn Mark P $9,220 None Available
Bragg Doris $93,900 Equity Title Agency Inc
Calloway Floyd -- --
Calloway Floyd $25,600 --
Boehnke Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derisman Haurltz $46,500
Previous Owner Cuyahoga County Land Reutilization Corpo $100
Previous Owner Bragg Doris $80,083
Closed Bragg Doris $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2022 10/03/22 Sold $62,000 -8.8% $35 / Sq Ft
08/23/2022 08/23/22 Pending -- -- --
08/16/2022 08/16/22 For Sale $68,000 0.0% $38 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $68,000 0.0% $38 / Sq Ft
06/26/2022 06/26/22 Pending -- -- --
06/20/2022 06/20/22 Price Changed $68,000 -2.9% $38 / Sq Ft
06/06/2022 06/06/22 For Sale $70,000 -- $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 $1,452 $21,700 $3,885 $17,815
2023 $945 $12,190 $2,350 $9,840
2022 $940 $12,180 $2,350 $9,840
2021 $931 $12,180 $2,350 $9,840
2020 $0 $12,180 $2,350 $9,840
2019 $1,882 $0 $0 $0
2018 $1,137 $12,180 $2,350 $9,840
2017 $1,305 $15,650 $2,210 $13,440
2016 $1,295 $15,650 $2,210 $13,440
2015 $1,641 $15,650 $2,210 $13,440
2014 $1,641 $15,650 $2,210 $13,440
Source: Public Records

Agents Affiliated with this Home

  • David Reddy

    Seller's Agent in 2022

    David Reddy

    Keller Williams Citywide

    (440) 892-2211

    1 in this area

    280 Total Sales

    David Reddy
    Section Image
  • Mark Colucci

    Buyer's Agent in 2022

    Mark Colucci

    Keller Williams Citywide

    (440) 590-5219

    17 in this area

    183 Total Sales

    Mark Colucci
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4378363

MLS Now

APN: 137-09-127

Ohio Cuyahoga County Cleveland 44105 Mount Pleasant

12305 Farringdon Ave, Cleveland, OH

This home is located at 12305 Farringdon Ave, Cleveland, OH 44105 since 06 June 2022 and is currently estimated at $76,724, approximately $42 per square foot. This property was built in 1928. 12305 Farringdon Ave is a home located in Cuyahoga County with nearby schools including Andrew J. Rickoff School, Adlai Stevenson School, and Anton Grdina School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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