NOT LISTED FOR SALE

1498 E 248th St Euclid, OH 44117

Estimated Value: $71,000 - $90,000

2 Beds
1 Bath
1,054 Sq Ft
$75/Sq Ft Est. Value

Last Sold November 07, 2022

Last sale price $55,000 $52 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $609/month

46 Days on Market

About This Home

As of November 2022

Well maintained income producing 2-bedroom 1 bath brick half duplex conveniently located to major highways, bus stops and just a short drive from the city! This property is a great opportunity for an investor with long term tenants already in place on a month-to-month lease providing immediate cash flow. This attached single home features a large first floor layout with a formal dining room separate from the living room and updated kitchen. On the second floor you will find two spacious bedrooms and one full bathroom. The full basement offers a partially finished rec room and unfished space for storage and laundry. Large backyard with a 1 car garage. Roof replaced in 2015. Seller financing available with a minimum of $30k down!

Last Agent to Sell the Property

Courtney Calvillo

Berkshire Hathaway HomeServices Professional Realty License #2019000884 Listed on: 08/25/2022

Berkshire Hathaway HomeServices Professional Realty

Last Buyer's Agent

Courtney Calvillo

Berkshire Hathaway HomeServices Professional Realty License #2019000884 Listed on: 08/25/2022

Berkshire Hathaway HomeServices Professional Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1943

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 30x136

Parking

  • 1 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,054 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Treadwell Homes Community

Listing and Financial Details

  • Assessor Parcel Number 647-33-053

Home Details

Home Type

Single Family

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Half Duplex
  • Price Per Square Foot: 52.18
  • Estimated Price per Sq Ft: 52.18
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1054
  • Year Built: 1943
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1943

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Washer
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Room Count: 6
  • Basement Detail: Full
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1054.00
  • Sq Ft Approx Total Finished: 1054.00

Exterior Features

  • Exterior: Brick
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 1

Utilities

  • Cooling Type: Wall Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Treadwell Homes

Schools

  • School District: Euclid CSD
  • School District: Euclid CSD

Lot Info

  • Lot Dimensions: 30x136
  • Lot Size Units: Acres
  • Acres: 0.0900
  • Parcel Number: 647-33-053
  • LandLeaseYN: No

Tax Info

  • Tax: 1736

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2023
Sold by
Politi Justin and Politi Marc
Bought by
Politi Properties Llc
Current Estimated Value
$78,676

Purchase Details

Listed on
Aug 25, 2022
Closed on
Nov 5, 2022
Sold by
Johnson Jason and Johnson Renelee
Bought by
Politi Justin and Politi Marc
Seller's Agent
Courtney Calvillo
Berkshire Hathaway HomeServices Professional Realty
Buyer's Agent
Courtney Calvillo
Berkshire Hathaway HomeServices Professional Realty
List Price
$75,000
Sold Price
$55,000
Premium/Discount to List
-$20,000
-26.67%
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.80%

Purchase Details

Closed on
Sep 24, 2020
Sold by
Messner Ronald E and Messner Judith A
Bought by
Johnson Jason

Purchase Details

Closed on
May 23, 2015
Sold by
Messner Ronald E and Messner Judith A
Bought by
Johnson Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,500
Interest Rate
3.91%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 9, 2008
Sold by
Fannie Mae
Bought by
Messner Ronald E and Messner Judith A

Purchase Details

Closed on
Sep 25, 2007
Sold by
Glenn Arlene
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 15, 2004
Sold by
Werstat Ruth R
Bought by
Glenn Arlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,900
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 1978
Sold by
Erwin Thomas Charles
Bought by
Werstat Ruth R

Purchase Details

Closed on
Jun 7, 1978
Sold by
Erwin Thomas C and Erwin Lillie G
Bought by
Erwin Thomas Charles

Purchase Details

Closed on
Jan 1, 1975
Bought by
Erwin Thomas C and Erwin Lillie G
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
Politi Properties Llc -- None Listed On Document
Politi Justin $55,000 Chicago Title
Johnson Jason $123,500 Ohio Title Corp
Johnson Jason $123,500 Attorney
Messner Ronald E $12,075 Accutitle Agency Inc
Federal National Mortgage Association $40,000 Attorney
Glenn Arlene $69,900 Enterprise Title Agency
Werstat Ruth R $39,000 --
Erwin Thomas Charles -- --
Erwin Thomas C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Jason $53,500
Previous Owner Glenn Arlene $69,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2022 11/07/22 Sold $55,000 -26.7% $52 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $75,000 -- $71 / 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 $2,083 $29,085 $5,355 $23,730
2023 $1,600 $17,440 $4,100 $13,340
2022 $1,565 $17,430 $4,095 $13,335
2021 $1,736 $17,430 $4,100 $13,340
2020 $1,471 $13,230 $3,120 $10,120
2019 $1,320 $37,800 $8,900 $28,900
2018 $1,304 $13,230 $3,120 $10,120
2017 $1,374 $11,410 $2,590 $8,820
2016 $1,377 $11,410 $2,590 $8,820
2015 $1,462 $11,410 $2,590 $8,820
2014 $1,462 $13,410 $3,050 $10,360
Source: Public Records

Agents Affiliated with this Home

  • Courtney Calvillo

    Seller's Agent in 2022

    Courtney Calvillo

    Berkshire Hathaway HomeServices Professional Realty

    (216) 618-2964

    1 in this area

    94 Total Sales

    Courtney Calvillo
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Map

Source: MLS Now

MLS Number: 4403310

MLS Now

APN: 647-33-053

Ohio Cuyahoga County Euclid 44117

1498 E 248th St, Euclid, OH

This home is located at 1498 E 248th St, Euclid, OH 44117 since 25 August 2022 and is currently estimated at $78,676, approximately $74 per square foot. This property was built in 1943. 1498 E 248th St is a home located in Cuyahoga County with nearby schools including Bluestone Elementary School, Euclid Middle School, and Euclid High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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