NOT LISTED FOR SALE

Estimated Value: $103,378 - $177,000

5 Beds
2.5 Baths
1,804 Sq Ft
$80/Sq Ft Est. Value

Last Sold January 17, 2025

Last sale price $153,000 $85 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $878/month

44 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of January 2025

Discover this exceptional 5-bedroom, 2.5-bathroom investment property, ideally located in a rapidly evolving neighborhood close to Case Western Reserve University and University Circle. Recently remodeled, this home boasts modern updates including vinyl windows, a newer roof, durable aluminum siding, and a brand-new furnace, ensuring long-term peace of mind. With spacious living areas and contemporary finishes throughout, this property is tenant-occupied under a Section 8 lease, generating a reliable income of $1,825 per month. Whether you're a seasoned investor or new to rental properties, this turnkey opportunity offers immediate returns in a highly desirable area with substantial growth potential.

Last Agent to Sell the Property

Ryan Sackman

Keller Williams Greater Cleveland Northeast Brokerage Email: 330-420-7393 broker@bhhspro.com License #2020005628 Listed on: 10/26/2024

Keller Williams Greater Cleveland Northeast

Last Buyer's Agent

Ashley Saxe

EXP Realty, LLC. License #2016004512

EXP Realty, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $904

Year Built

  • Built in 1910

Lot Details

  • 4,652

Home Design

  • Colonial Architecture
  • Block Foundation
  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • 2.5 Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System

Additional Features

  • 2-Story Property
  • 4,652 Sq Ft Lot
  • Basement

Community Details

  • No Home Owners Association
  • B Schatzinger & Honora Bailey Subdivision

Listing and Financial Details

  • Assessor Parcel Number 120-04-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$904

Year Built

Built in 1910

Lot Details

4,652 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1910
  • Attribution Contact: 330-420-7393 broker@bhhspro.com
  • Subdivision Name: B Schatzinger & Honora Bailey
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: No
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Stories: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.1068
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Foundation Details: Block

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 120-04-023
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 904.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2024
Closed on
Jan 14, 2025
Sold by
S & M Cleveland Property Holdings Llc
Bought by
Mako Industries Llc
Seller's Agent
Ryan Sackman
Keller Williams Greater Cleveland Northeast
Buyer's Agent
Ashley Saxe
EXP Realty, LLC.
List Price
$160,000
Sold Price
$153,000
Premium/Discount to List
-$7,000
-4.38%
Views
41
Current Estimated Value
$145,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,905
Avg. Annual Appreciation
-4.79%
Original Mortgage
$122,400
Outstanding Balance
$121,080
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$24,015

Purchase Details

Closed on
Aug 30, 2024
Sold by
Chruch Of Christ At The Boulevard
Bought by
S & M Cleveland Property Holdings Llc

Purchase Details

Closed on
May 9, 2023
Sold by
American General Builders Llc
Bought by
S & M Cleveland Property Holdings Llc

Purchase Details

Closed on
Mar 10, 2023
Sold by
Church Of Christ At The Boulevard
Bought by
American General Builders Llc

Purchase Details

Closed on
Mar 30, 1998
Sold by
Bowen Wilbur and Bowen Rebecca J
Bought by
Bowen Wilbur and Bowen Rebecca J

Purchase Details

Closed on
Jan 1, 1988
Bought by
Bowen Wilbur and Bowen Rebecca
Source: Public Records
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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
Mako Industries Llc $153,000 None Listed On Document
Mako Industries Llc $153,000 None Listed On Document
S & M Cleveland Property Holdings Llc -- None Listed On Document
S & M Cleveland Property Holdings Llc $62,000 Boulevard Title Agency
American General Builders Llc -- Heights Title
Bowen Wilbur -- --
Bowen Wilbur -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mako Industries Llc $122,400
Closed Mako Industries Llc $122,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2025 01/17/25 Sold $153,000 -4.4% $85 / Sq Ft
12/09/2024 12/09/24 Pending -- -- --
11/27/2024 11/27/24 For Sale $160,000 0.0% $89 / Sq Ft
11/05/2024 11/05/24 Pending -- -- --
10/26/2024 10/26/24 For Sale $160,000 -- $89 / Sq Ft
Source: MLS Now

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 $1,592 $23,800 $6,895 $16,905
2023 $904 $11,660 $2,280 $9,380
2022 $1,228 $11,655 $2,275 $9,380
2021 $890 $11,660 $2,280 $9,380
2020 $1,266 $10,610 $2,070 $8,540
2019 $868 $30,300 $5,900 $24,400
2018 $433 $10,610 $2,070 $8,540
2017 $601 $7,110 $1,020 $6,090
2016 $597 $7,110 $1,020 $6,090
2015 $664 $7,110 $1,020 $6,090
2014 $664 $7,880 $1,120 $6,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5080807

MLS Now

APN: 120-04-023

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