$90,000
SOLD MAY 6, 2025
3 Beds
1 Bath
880 Sq Ft
4,339 Sq Ft Lot

Recently Sold

$102 Per Sq Ft

6% Above List Price

27 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of May 2025

This well-maintained 3-bedroom, 1-bath home in Cleveland’s Collinwood neighborhood is a prime investment, generating $1,418/month in rent, paid directly by CMHA (Cuyahoga Metropolitan Housing Authority). The tenants are secured on a lease through August 2025, transitioning to a month-to-month agreement thereafter. With monthly expenses including property taxes at $72.60, insurance at $52, and water at $43, the estimated net monthly income is $1,252.40, leading to an annual net income of approximately $15,028.80. At a purchase price of $85,000, this property offers an impressive 17.7% return on investment (ROI). Recent updates include a new roof (2023), new hot water tank (2023), and a furnace (2021), making this a low-maintenance, high-yield opportunity in a strong rental market. Don’t miss out on this cash-flowing investment—schedule a showing today!

Last Agent to Sell the Property

Theresa Seese

McDowell Homes Real Estate Services Brokerage Email: Theresa@sellwithseese.com 216-666-1411 License #2015005590 Listed on: 03/27/2025

McDowell Homes Real Estate Services

Last Buyer's Agent

Non-Member Non-Member

Non-Member License #9999

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $872

Year Built

  • Built in 1915

Lot Details

  • 4,339 Sq Ft Lot

Parking

  • Driveway

Home Design

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

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Caroline Mcillraths Subdivision

Listing and Financial Details

  • Assessor Parcel Number 112-25-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$872

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1915
  • Attribution Contact: Theresa@sellwithseese.com 216-666-1411
  • Subdivision Name: Caroline Mcillraths
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2024
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.0996
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway

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: 112-25-042
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 872.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2025
Closed on
May 2, 2025
Sold by
Raber Ofer
Bought by
E 425 Oh Llc
Seller's Agent
Theresa Seese
McDowell Homes Real Estate Services
Buyer's Agent
Non-Member Non-Member
Non-Member
List Price
$85,000
Sold Price
$90,000
Premium/Discount to List
$5,000
5.88%
Views
16
Current Estimated Value
$86,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,419
Avg. Annual Appreciation
-12.11%

Purchase Details

Closed on
Aug 4, 2017
Sold by
Hicks Housing Llc
Bought by
Raber Ofer

Purchase Details

Closed on
Jun 30, 2017
Sold by
Hampton Estates Of Ohio Llc
Bought by
Hicks Housing Llc

Purchase Details

Closed on
Sep 9, 2016
Sold by
Warp Investments Llc
Bought by
Hampton Estates Of Ohio Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
3.43%
Mortgage Type
Unknown

Purchase Details

Closed on
May 21, 2015
Sold by
Long John W and Vazquez Long Mitzi A
Bought by
Warp Investments Llc

Purchase Details

Closed on
Oct 22, 2014
Sold by
Hummingbird Enterprises Llc and Ruether Marsha
Bought by
Long John W

Purchase Details

Closed on
Oct 29, 2012
Sold by
Wilkerson Development Group Llc
Bought by
Hummingbird Enterprises Llc

Purchase Details

Listed on
May 23, 2012
Closed on
Jul 20, 2012
Sold by
Fannie Mae
Bought by
Wilkerson Development Group Llc
Seller's Agent
Craig Lucker
Puppy Realty
Buyer's Agent
Craig Lucker
Puppy Realty
List Price
$4,200
Sold Price
$500
Premium/Discount to List
-$3,700
-88.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.30%

Purchase Details

Closed on
May 3, 2012
Sold by
Cardinal Community Credit Union
Bought by
Fannie Mae

Purchase Details

Closed on
Jan 19, 2012
Sold by
Bouguere Deaonca and Boughere Deaonca
Bought by
Cardinal Community Credit Union

Purchase Details

Closed on
Jul 16, 2004
Sold by
Thompson Rondia
Bought by
Boughere Deaonca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2004
Sold by
Ingomar Lp
Bought by
Thompson Rondia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,360
Interest Rate
5.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 14, 2004
Sold by
Monroe Judy and Travick Mitchell
Bought by
Ingomar Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,360
Interest Rate
5.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 22, 1995
Sold by
Trst Darwin Avenue
Bought by
Monroe Judy and Travick Mitchell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,450
Interest Rate
8.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 1993
Sold by
Lester David A
Bought by
Darwin Avenue Trust

Purchase Details

Closed on
Aug 31, 1992
Bought by
Lester David A

Purchase Details

Closed on
Feb 6, 1991
Sold by
Prevo Ollie
Bought by
Ohio Savings Bank

Purchase Details

Closed on
Nov 6, 1978
Bought by
Prevo Ollie

Purchase Details

Closed on
Mar 14, 1978
Sold by
Born Alice E
Bought by
Robert A Howard Inc

Purchase Details

Closed on
Jan 1, 1975
Bought by
Born Alice E
Source: Public Records

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Range of Values:

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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
Warranty Deed $90,000 None Listed On Document
Quit Claim Deed -- None Available
Limited Warranty Deed -- None Available
Quit Claim Deed $9,000 Nova Title Agency Inc
Quit Claim Deed -- None Available
Quit Claim Deed $6,500 None Available
Warranty Deed $20,000 Mount Morris Title Agency
Limited Warranty Deed $1,000 Thoroughbred Title
Quit Claim Deed -- Attorney
Sheriffs Deed $4,667 Attorney
Warranty Deed $75,000 Attorney
Limited Warranty Deed $19,000 --
Sheriffs Deed $26,667 --
Deed $46,900 --
Deed -- --
Deed $4,200 --
Deed $10,700 --
Deed $14,000 --
Deed $3,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $15,000 Unknown
Previous Owner $71,000 Fannie Mae Freddie Mac
Previous Owner $60,000 Purchase Money Mortgage
Previous Owner $23,360 Unknown
Previous Owner $46,450 New Conventional
Closed $11,250 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2025 05/06/25 Sold $90,000 +5.9% $102 / Sq Ft
04/23/2025 04/23/25 Pending -- -- --
04/21/2025 04/21/25 For Sale $85,000 0.0% $97 / Sq Ft
04/02/2025 04/02/25 Pending -- -- --
03/27/2025 03/27/25 For Sale $85,000 +16900.0% $97 / Sq Ft
07/27/2012 07/27/12 Sold $500 -88.1% $1 / Sq Ft
07/17/2012 07/17/12 Pending -- -- --
05/23/2012 05/23/12 For Sale $4,200 -- $5 / 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 $873 $13,055 $5,250 $7,805
2023 $597 $7,700 $1,820 $5,880
2022 $900 $7,700 $1,820 $5,880
2021 $588 $7,700 $1,820 $5,880
2020 $904 $6,760 $1,610 $5,150
2019 $553 $19,300 $4,600 $14,700
2018 $728 $6,760 $1,610 $5,150
2017 $911 $10,780 $1,680 $9,100
2016 $904 $10,780 $1,680 $9,100
2015 $1,691 $10,780 $1,680 $9,100
2014 $1,351 $12,400 $1,930 $10,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5110136

MLS Now

APN: 112-25-042