$25,000
SOLD FEB 19, 2021
8 Beds
4 Baths
4,488 Sq Ft
4,561 Sq Ft Lot

Recently Sold

$6 Per Sq Ft

37% Below List Price

58 Days on Market

About This Home

As of September 2021

Attention developers, landlords, and investors. Great value add opportunity to own this massive four unit brick building in Cleveland Ohio. Very close to the Cleveland Clinic main campus and University circle. Once renovated this property has potential to be very lucrative with great passive income. This building is over 4,100 square ft. Large units can be 3 or 2 bedrooms in each unit. Property will need full rehab starting with the roof and new systems needed. The property has solid bones. Property is condemned through the city of Cleveland. Seller will not consider any inspection contingencies. Please have property inspected prior to submitting and offer. Property sold as-is buyer responsible for all due diligence. 1371 E 86th st. is also listed it is a similar four unit building next door. Can be sold as a package deal. Property subject to a 5% or $2,500 minimum buyer premium. Contact us today to schedule your showing.

Last Agent to Sell the Property

Robert Quinn

Keller Williams Elevate License #2020004708 Listed on: 11/24/2020

Keller Williams Elevate

Last Buyer's Agent

Daniela Maragos

Keller Williams Elevate License #2013001148

Keller Williams Elevate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 4,561 Sq Ft Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 4,488 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 4 Units
  • G P Geibs Community

Listing and Financial Details

  • Assessor Parcel Number 107-15-101

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Price Per Square Foot: 5.57
  • Estimated Price per Sq Ft: 5.57
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 4488
  • Year Built: 1921
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1921

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Sq Ft Approx Above Grade Finished: 4488.00
  • Sq Ft Approx Total Finished: 4488.00

Exterior Features

  • Exterior: Brick
  • Roof: Flat

Garage/Parking

  • Driveway: Paved

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: G P Geibs

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1047
  • Parcel Number: 107-15-101

Multi Family

  • Num Of Buildings: 1
  • Number of Units: 4

Tax Info

  • Tax: 738

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2021
Closed on
Nov 4, 2021
Sold by
Morant Tennyson Anthony
Bought by
Cuyahoga County Land Reutilization Corp
Seller's Agent
Eric Hampton
Lokal Real Estate, LLC.
Buyer's Agent
Robert Ross
Russell Real Estate Services
List Price
$40,000
Sold Price
$37,500
Premium/Discount to List
-$2,500
-6.25%
Current Estimated Value
$167,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,923
Avg. Annual Appreciation
45.95%

Purchase Details

Listed on
Aug 14, 2021
Closed on
Sep 7, 2021
Sold by
Brick City Buyers Llc
Bought by
Morant Tennyson Anthony
Seller's Agent
Eric Hampton
Lokal Real Estate, LLC.
Buyer's Agent
Robert Ross
Russell Real Estate Services
List Price
$40,000
Sold Price
$37,500
Premium/Discount to List
-$2,500
-6.25%

Purchase Details

Listed on
Nov 24, 2020
Closed on
Mar 28, 2021
Sold by
Ks Property Financing Llc
Bought by
Brick City Buyers Llc
Seller's Agent
Robert Quinn
Keller Williams Elevate
Buyer's Agent
Daniela Maragos
Keller Williams Elevate
List Price
$39,900
Sold Price
$25,000
Premium/Discount to List
-$14,900
-37.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
109.01%

Purchase Details

Listed on
Nov 24, 2020
Closed on
Feb 9, 2021
Sold by
Be Polite Properties Llc
Bought by
Ks Property Financing Llc
Seller's Agent
Robert Quinn
Keller Williams Elevate
Buyer's Agent
Daniela Maragos
Keller Williams Elevate
List Price
$39,900
Sold Price
$25,000
Premium/Discount to List
-$14,900
-37.34%

Purchase Details

Closed on
Sep 25, 2019
Sold by
Belizaire Emmanuel and Belizaire Latoya
Bought by
Be Polite Properties Llc

Purchase Details

Listed on
Feb 22, 2016
Closed on
Jul 13, 2016
Sold by
Mumin Sulieman
Bought by
Belizaire Emmanuel
Seller's Agent
Joseph Weeams
Market First Real Estate Services
Buyer's Agent
Joseph Weeams
Market First Real Estate Services
List Price
$8,000
Sold Price
$5,000
Premium/Discount to List
-$3,000
-37.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.03%

Purchase Details

Closed on
Mar 16, 2015
Sold by
Mumin Barbara
Bought by
Mumin Sulieman

Purchase Details

Closed on
May 1, 2013
Sold by
Steen Wade
Bought by
Mumin Barbara

Purchase Details

Closed on
Jun 26, 2009
Sold by
Ez Access Funding Llc
Bought by
Diamond Housing Group Llc

Purchase Details

Closed on
Oct 17, 2008
Sold by
Montanez Francisco and Montanez Irene
Bought by
Ez Access Funding Llc

Purchase Details

Closed on
Dec 28, 1990
Sold by
Andrijauskas Lucy
Bought by
Montanez Francisco and Montanez Irene

Purchase Details

Closed on
Jul 2, 1976
Sold by
Andrijauskas Aleksas and Andrijauskas Lucy
Bought by
Andrijauskas Lucy

Purchase Details

Closed on
Jan 1, 1975
Bought by
Andrijauskas Aleksas and Andrijauskas Lucy
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 Type Sale Price Title Company
Limited Warranty Deed -- None Available
Warranty Deed $37,500 Newman Title
Quit Claim Deed $25,000 None Available
Warranty Deed $25,000 None Listed On Document
Warranty Deed $14,500 Ohio Real Title
Warranty Deed $5,000 Emerald Glen Title
Interfamily Deed Transfer -- None Available
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $300 None Available
Quit Claim Deed $11,000 Attorney
Warranty Deed $22,000 Revere Title Summit County
Deed $21,000 --
Deed -- --
Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2021 09/08/21 Sold $37,500 -6.3% $8 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
08/14/2021 08/14/21 For Sale $40,000 +60.0% $9 / Sq Ft
02/19/2021 02/19/21 Sold $25,000 +0.4% $6 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
01/18/2021 01/18/21 Price Changed $24,900 -28.7% $6 / Sq Ft
01/07/2021 01/07/21 Price Changed $34,900 -12.5% $8 / Sq Ft
01/04/2021 01/04/21 For Sale $39,900 0.0% $9 / Sq Ft
12/17/2020 12/17/20 Pending -- -- --
11/24/2020 11/24/20 For Sale $39,900 +698.0% $9 / Sq Ft
07/18/2016 07/18/16 Sold $5,000 -37.5% --
06/20/2016 06/20/16 Pending -- -- --
02/22/2016 02/22/16 For Sale $8,000 -- --
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 -- $8,750 $1,330 $7,420
2022 $873 $8,750 $1,330 $7,420
2021 $875 $1,720 $1,330 $390
2020 $160 $1,540 $1,190 $350
2019 $738 $4,400 $3,400 $1,000
2018 $548 $1,540 $1,190 $350
2017 $947 $2,980 $2,660 $320
2016 $303 $2,980 $2,660 $320
2015 $2,086 $2,980 $2,660 $320
2014 $680 $3,540 $3,190 $350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4242323

MLS Now

APN: 107-15-101