NOT LISTED FOR SALE

1256 Homestead Rd Cleveland, OH 44121

Estimated Value: $169,000 - $184,000

4 Beds
2 Baths
1,218 Sq Ft
$146/Sq Ft Est. Value

Last Sold December 08, 2017

Last sale price $45,200 $37 Per Sq Ft

Est. 295% increase in value since last sale

Current estimated payment $1,205/month

26 Days on Market

Highlights

  • 2 Car Detached Garage
  • Bungalow
  • Forced Air Heating System

About This Home

As of December 2017

4 bedroom Bungalow with 2 car detached garage. 2 full baths: on 1st and 2nd floor. Close to schools, shopping, highways. Bank Owned. Buyers must be prequalified. Approval letter, proof of funds & earnest money must be sent with offers. Property selling As Is.

Last Agent to Sell the Property

Chuck Lyons

Deleted Agent License #158125 Listed on: 10/06/2017

Last Buyer's Agent

David Aronovich

HomeSmart Real Estate Momentum LLC License #2012002341

HomeSmart Real Estate Momentum LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 7,362 Sq Ft Lot
  • Lot Dimensions are 40x184

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Asphalt Roof

Interior Spaces

  • 1,218 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Mayfields/Belvoir Blvd Su Community

Listing and Financial Details

  • Assessor Parcel Number 702-11-011

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Bungalow
  • Price Per Square Foot: 37.11
  • Estimated Price per Sq Ft: 37.11
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 1218
  • Year Built: 1947
  • Geocode Confidence: Unknown
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1947

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Room Count: 7
  • Sq Ft Approx Above Grade Finished: 1218.00
  • Sq Ft Approx Total Finished: 1218.00

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Mayfields/Belvoir Blvd Su

Schools

  • School District: South Euclid-Lyndhurst
  • School District: South Euclid-Lyndhurst

Lot Info

  • Lot Dimensions: 40x184
  • Lot Size Units: Acres
  • Acres: 0.1690
  • Parcel Number: 702-11-011

Tax Info

  • Tax: 2459

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2019
Sold by
Khmelnitsky Michael and Katsman Irina
Bought by
Rental Homes On Demand Llc
Current Estimated Value
$178,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$793,000
Outstanding Balance
$697,188
Interest Rate
4.3%
Estimated Equity
-$518,855

Purchase Details

Listed on
Oct 6, 2017
Closed on
Dec 7, 2017
Sold by
Elizon Master Participation Trust
Bought by
Khmelnitsky Michael
Seller's Agent
Chuck Lyons
Deleted Agent
Buyer's Agent
David Aronovich
HomeSmart Real Estate Momentum LLC
List Price
$54,900
Sold Price
$45,200
Premium/Discount to List
-$9,700
-17.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.97%

Purchase Details

Listed on
Oct 6, 2017
Closed on
Oct 19, 2017
Sold by
Parker Lesley D and Us Bank Na
Bought by
Wilmington Savings Fund Society Fsb and Stanwich Mortgage Loan Trust A
Seller's Agent
Chuck Lyons
Deleted Agent
Buyer's Agent
David Aronovich
HomeSmart Real Estate Momentum LLC
List Price
$54,900
Sold Price
$45,200
Premium/Discount to List
-$9,700
-17.67%

Purchase Details

Closed on
Sep 15, 2017
Sold by
Iwlmington Savings Fund Society
Bought by
Elizon Master Participation Trust and Us Bank Trust National Association

Purchase Details

Closed on
Oct 7, 2004
Sold by
Templar Mark R and Templar Laura A
Bought by
Parker Lesley D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,099
Interest Rate
5.82%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 27, 1988
Sold by
Dibacco Rosalia
Bought by
Templar Mark R

Purchase Details

Closed on
Jan 1, 1975
Bought by
Dibacco Rosalia
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
Rental Homes On Demand Llc $450,900 Revere Title
Khmelnitsky Michael $45,200 Netco
Wilmington Savings Fund Society Fsb $50,000 None Available
Elizon Master Participation Trust -- Netco Ohio
Parker Lesley D $123,000 Real Living Title Agency L
Templar Mark R $53,000 --
Dibacco Rosalia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rental Homes On Demand Llc $793,000
Previous Owner Parker Lesley D $121,099
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2017 12/08/17 Sold $45,200 -17.7% $37 / Sq Ft
11/01/2017 11/01/17 Pending -- -- --
10/06/2017 10/06/17 For Sale $54,900 -- $45 / 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 $3,238 $40,320 $9,730 $30,590
2023 $2,328 $22,820 $7,840 $14,980
2022 $2,316 $22,820 $7,840 $14,980
2021 $2,300 $22,820 $7,840 $14,980
2020 $2,158 $18,550 $6,370 $12,180
2019 $1,943 $53,000 $18,200 $34,800
2018 $1,976 $18,550 $6,370 $12,180
2017 $2,474 $22,510 $6,270 $16,240
2016 $2,459 $22,510 $6,270 $16,240
2015 $2,500 $22,510 $6,270 $16,240
2014 $2,500 $23,700 $6,580 $17,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3947396

MLS Now

APN: 702-11-011