NOT LISTED FOR SALE

1494 E 196th St Euclid, OH 44117

Estimated Value: $94,000 - $157,000

3 Beds
1 Bath
1,959 Sq Ft
$62/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $85,000 $43 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $939/month

84 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Car Detached Garage
  • Forced Air Heating System
  • No HOA

About This Home

As of February 2024

If you're looking for a LOW-MAINTENANCE, CASH FLOWING single-family investment property in Euclid, LOOK NO FURTHER. This elegantly updated home features three bedrooms and one bathroom, with easy-to-maintain vinyl floors and windows and a brick exterior. The basement is partly finished and bright, thanks to the newer glass-block windows, offering extra space for your needs. And, the best part is the spacious backyard, perfect for tenant enjoyment. This bungalow is not just a house; it's a comfortable home. Ready for you to add to your portfolio, it is currently leased until 06/30/24 with tenant paying $1,050/mo. + $115/mo. for water and sewer. Point of Sale inspection came back (10/19/2023) with no violations! Updates recently completed (10/18/2023) include: garage gutter corrected and reattached, new garage window, basement tuckpointed and sealed, kitchen electrical updated, and new bedroom windows! Contact your Realtor to schedule a tour ASAP! Showing times may be restricted due to tenant occupancy.

Last Agent to Sell the Property

Kevin Ramsammy

RE/MAX Above & Beyond Brokerage Email: kevin.ramsammy@exprealty.com (440) 305-3104 License #2019006317 Listed on: 10/11/2023

RE/MAX Above & Beyond

Co-Listed By

Alex Dargay

RE/MAX Above & Beyond Brokerage Email: kevin.ramsammy@exprealty.com (440) 305-3104 License #2019000272

Last Buyer's Agent

Cassie Karkan

Berkshire Hathaway HomeServices Stouffer Realty License #2019004440

Berkshire Hathaway HomeServices Stouffer Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942

Lot Details

  • 6,242 Sq Ft Lot
  • Lot Dimensions are 40 x 156

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Bungalow
  • Brick Exterior Construction
  • Fiberglass Roof
  • Asphalt Roof

Interior Spaces

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

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Euclid Ave Allotment Subdivision

Listing and Financial Details

  • Assessor Parcel Number 646-23-035

Home Details

Home Type

Single Family

Year Built

Built in 1942

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1942
  • Attribution Contact: kevin.ramsammy@exprealty.com (440) 305-3104
  • Co List Office Mls Id: 20050
  • Co List Office Phone: 866-212-4991
  • Subdivision Name: Euclid Ave Allotment
  • Above Grade Finished Sq Ft: 1176.0
  • Architectural Style: Bungalow, Cape Cod
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Partially Finished
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 783.0
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.1433
  • Home Warranty: No
  • Construction Type: Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Euclid CSD - 1813

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 646-23-035
  • LandLeaseYN: No
  • Lot Dimensions: 40 x 156
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3527.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2023
Closed on
Feb 6, 2024
Sold by
Axia Homes Oh Llc
Bought by
Lw Investment Group Llc
Seller's Agent
Kevin Ramsammy
RE/MAX Above & Beyond
Buyer's Agent
Cassie Karkan
Berkshire Hathaway HomeServices Stouffer Realty
List Price
$99,500
Sold Price
$85,000
Premium/Discount to List
-$14,500
-14.57%
Views
114
Current Estimated Value
$121,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,410
Avg. Annual Appreciation
31.31%

Purchase Details

Closed on
Dec 22, 2022
Sold by
Moita Llc
Bought by
Axia Homes Oh Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,726
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 29, 2020
Closed on
Aug 10, 2020
Sold by
Kpl Development Inc
Bought by
Moita Llc
Seller's Agent
Stephanie Snavely
RE/MAX Traditions
Buyer's Agent
Stephanie Sonego
Howard Hanna
List Price
$99,900
Sold Price
$81,000
Premium/Discount to List
-$18,900
-18.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.34%

Purchase Details

Listed on
Jun 29, 2020
Closed on
Aug 8, 2020
Sold by
Verdone Anthony
Bought by
Kpl Development Inc
Seller's Agent
Stephanie Snavely
RE/MAX Traditions
Buyer's Agent
Stephanie Sonego
Howard Hanna
List Price
$99,900
Sold Price
$81,000
Premium/Discount to List
-$18,900
-18.92%

Purchase Details

Listed on
Mar 30, 2020
Closed on
Apr 29, 2020
Sold by
U S Bank Trust Na
Bought by
Verdone Anthony
Seller's Agent
Gregory Strnisa
Platinum Real Estate
Buyer's Agent
James Tomaro
Keller Williams Greater Metropolitan
List Price
$29,900
Sold Price
$32,000
Premium/Discount to List
$2,100
7.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3458.68%

Purchase Details

Closed on
Feb 20, 2020
Sold by
White Deborah A and Ditech Financial Llc
Bought by
U S Bank Na and Lsf10 Master Participation Trust

Purchase Details

Closed on
Aug 23, 2003
Sold by
Heddermann John P
Bought by
White Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2003
Sold by
Meraglio Russell J
Bought by
Hedderman John P

Purchase Details

Closed on
Jan 1, 1975
Bought by
Gertenbach Joseph M
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
Lw Investment Group Llc $85,000 None Listed On Document
Axia Homes Oh Llc $70,000 Speedy Title
Moita Llc $119,000 Northstar Title Agency
Kpl Development Inc $81,000 Northstar Title Agency
Verdone Anthony $32,000 Allodial Title
U S Bank Na $20,667 Nova Title Agency Inc
White Deborah A $92,000 Hometown Usa Title Agency Lt
Hedderman John P $55,000 Enterprise Title
Gertenbach Joseph M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lw Investment Group Llc $68,750
Previous Owner Axia Homes Oh Llc $64,726
Previous Owner White Deborah A $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold $85,000 0.0% $43 / Sq Ft
01/03/2024 01/03/24 Off Market $85,000 -- --
01/03/2024 01/03/24 Pending -- -- --
11/13/2023 11/13/23 For Sale $99,500 0.0% $51 / Sq Ft
10/24/2023 10/24/23 Pending -- -- --
10/20/2023 10/20/23 Price Changed $99,500 -0.4% $51 / Sq Ft
10/11/2023 10/11/23 For Sale $99,900 +23.3% $51 / Sq Ft
08/11/2020 08/11/20 Sold $81,000 -9.9% $69 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
07/06/2020 07/06/20 Price Changed $89,900 -10.0% $76 / Sq Ft
06/29/2020 06/29/20 For Sale $99,900 +212.2% $85 / Sq Ft
05/08/2020 05/08/20 Sold $32,000 +7.0% $27 / Sq Ft
04/21/2020 04/21/20 Pending -- -- --
03/30/2020 03/30/20 For Sale $29,900 -- $25 / 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 $3,224 $45,780 $6,475 $39,305
2023 $4,293 $41,660 $5,010 $36,650
2022 $5,188 $23,345 $5,005 $18,340
2021 $2,279 $23,350 $5,010 $18,340
2020 $1,920 $17,680 $3,780 $13,900
2019 $4,424 $50,500 $10,800 $39,700
2018 $1,725 $17,680 $3,780 $13,900
2017 $1,841 $15,620 $3,120 $12,500
2016 $1,845 $15,620 $3,120 $12,500
2015 $1,964 $15,620 $3,120 $12,500
2014 $1,964 $18,380 $3,680 $14,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4496695

MLS Now

APN: 646-23-035