NOT LISTED FOR SALE

13107 Shady Oak Blvd Cleveland, OH 44125

Estimated Value: $89,000 - $117,711

2 Beds
1.5 Baths
1,080 Sq Ft
$98/Sq Ft Est. Value

Last Sold May 07, 2024

Last sale price $100,000 $93 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $682/month

24 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Forced Air Heating and Cooling System
  • 1 Car Detached Garage

About This Home

As of May 2024

This charming bungalow boasts single-family living at its finest, currently tenant-occupied and generating a steady income of $1,050 per month. With its cozy yet spacious layout, this property offers a comfortable living environment for tenants while presenting a lucrative investment opportunity for prospective buyers looking to diversify their portfolio. Nestled in a desirable neighborhood, this well-maintained home promises both immediate rental income and long-term appreciation potential, making it an ideal addition to any investment portfolio.

Last Agent to Sell the Property

Violetta Varenkova

IIP Management, LLC. Brokerage Email: 216-503-6300 realestate@iip-management.com License #2011000773 Listed on: 03/21/2024

Co-Listed By

Natalie Berezovsky

IIP Management, LLC. Brokerage Email: 216-503-6300 realestate@iip-management.com License #2014002430

Last Buyer's Agent

Leanne Saffer

Keller Williams Citywide License #2019001395

Keller Williams Citywide

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 5,310 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,080 Sq Ft Home
  • 1.5-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1.5 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Oak Park Dev 08 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 545-28-031

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1949
  • Attribution Contact: 216-503-6300 realestate@iip-management.com
  • Co List Office Mls Id: N409
  • Co List Office Phone: 216-503-6300
  • Subdivision Name: Oak Park Dev 08
  • Above Grade Finished Sq Ft: 1080.0
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.1219
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, Paved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Garfield Heights CSD - 1815

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 545-28-031
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3043.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
May 6, 2024
Sold by
Nzeutem Francis
Bought by
Preston Jonathan
Seller's Agent
Violetta Varenkova
IIP Management, LLC.
Buyer's Agent
Leanne Saffer
Keller Williams Citywide
List Price
$105,000
Sold Price
$100,000
Premium/Discount to List
-$5,000
-4.76%
Views
35
Current Estimated Value
$105,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,678
Avg. Annual Appreciation
6.14%

Purchase Details

Closed on
Nov 25, 2019
Sold by
Castle Keep Llc
Bought by
Nzeutem Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,250
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2019
Sold by
Wells Fargo Bank Na
Bought by
Castle Keep Llc

Purchase Details

Closed on
Apr 8, 2019
Sold by
Favino Robert J and City Of Garfield Heights
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 27, 2001
Sold by
Falcone Vincent and Falcone Nick
Bought by
Favino Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,167
Interest Rate
7.11%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 2, 2001
Sold by
Estate Of Mario Falcone
Bought by
Falcone Vincent and Falcone Nick

Purchase Details

Closed on
Jul 10, 1989
Sold by
Falcone Mario and Falcone Angeline
Bought by
Falcone Mario

Purchase Details

Closed on
Oct 12, 1984
Sold by
Falcone Mario and Falcone Angeline
Bought by
Falcone Mario and Falcone Angeline

Purchase Details

Closed on
Jan 1, 1975
Bought by
Falcone Mario and Falcone Angeline
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
Preston Jonathan $100,000 Infinity Title
Nzeutem Francis $79,000 Golden Eagle Title
Castle Keep Llc $34,000 Orange Coast Lender Services
Wells Fargo Bank Na $28,000 Intitle Agency Inc
Favino Robert J $89,900 --
Falcone Vincent -- --
Falcone Mario -- --
Falcone Mario -- --
Falcone Mario -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nzeutem Francis $59,250
Previous Owner Favino Robert J $89,167
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2024 05/07/24 Sold $100,000 -4.8% $93 / Sq Ft
04/15/2024 04/15/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $105,000 -- $97 / 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 $3,814 $36,995 $8,435 $28,560
2023 $3,042 $27,200 $6,060 $21,140
2022 $2,997 $27,200 $6,060 $21,140
2021 $3,166 $27,200 $6,060 $21,140
2020 $2,721 $21,740 $4,830 $16,910
2019 $3,166 $62,100 $13,800 $48,300
2018 $2,691 $21,740 $4,830 $16,910
2017 $2,707 $20,480 $4,060 $16,420
2016 $2,747 $20,480 $4,060 $16,420
2015 $5,583 $20,480 $4,060 $16,420
2014 $5,583 $21,560 $4,270 $17,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5024836

MLS Now

APN: 545-28-031