NOT LISTED FOR SALE

1520 Oakmount Rd Cleveland, OH 44121

Estimated Value: $260,235

5 Beds
3.5 Baths
3,328 Sq Ft
$78/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $315,000 $95 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $1,441/month

3 Days on Market

About This Home

As of September 2021

Welcome to 1520 Oakmount! This truly unique 3 unit property would be great to owner occupy or add to your portfolio! Currently has 2 of 3 units occupied with gross rents of $2125. That may cover your mortgage if you live in the vacant second floor unit! Or you can rent out the second floor unit and see another $1200 per month. Updates include: New rood (2106), New flooring (vinyl plank) throughout first and second floors and back hallway (2018), Refinished living space in basement (2018), Painted kitchen cabinets on first and second floors and replaced sinks and countertops (2019), Refinished wood floors on third floor (2019), New cabinets and kitchen sink in third floor kitchen (2019), New washer and dryer (2019), New carpet in third floor bedroom (2021), Third floor bathroom update (vanity, floors, paint) (2021), Asphalt driveway patched and seal coated (2021), Masonry work done— Front and back stairs rebuilt, tuckpointing done throughout exterior (2021), All paint in the house and garage has been done within the last four years. Seller to also include a home warranty! Call your favorite realtor for a showing today before this one is gone!

Last Agent to Sell the Property

Brendan Taylor

RE/MAX Trends Realty License #2017003006 Listed on: 08/16/2021

RE/MAX Trends Realty

Last Buyer's Agent

Susan Smith

Howard Hanna License #2010001285

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $46

Year Built

  • Built in 1923

Lot Details

  • 7,000 Sq Ft Lot

Parking

  • 3 Car Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 3,328 Sq Ft Home
  • 2.5-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam

Listing and Financial Details

  • The owner pays for pays all
  • Assessor Parcel Number 703-08-061

Community Details

Overview

  • 3 Units
  • Transit Park Sub Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$46

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • Price Per Square Foot: 94.65
  • Estimated Price per Sq Ft: 94.65
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.50
  • Total Sq Ft: 3328
  • Year Built: 1923
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1923

Interior Features

  • Appliances Equipment: Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 5
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement Detail: Full, Partially Finished
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 3328.00
  • Sq Ft Approx Total Finished: 3328.00

Exterior Features

  • Exterior: Brick
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Num Of Cars: 3

Utilities

  • LaundryFeatures: Shared
  • Cooling Type: Window Unit(s)
  • Heating Type: Hot Water/Steam
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Transit Park Sub

Schools

  • School District: South Euclid-Lyndhurst
  • School District: South Euclid-Lyndhurst

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1607
  • Parcel Number: 703-08-061

Rental Info

  • Owner Pays: Pays All

Multi Family

  • Unit Count: 3
  • Num Of Buildings: 1
  • Number of Units: 3
  • Percent Units Occupied: 67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2021
Closed on
Sep 17, 2021
Sold by
Jemdar Llc
Bought by
1520 Oakmount Road Llc
Seller's Agent
Brendan Taylor
RE/MAX Trends Realty
Buyer's Agent
Susan Smith
Howard Hanna
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Current Estimated Value
$260,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$54,765

Purchase Details

Listed on
Aug 16, 2021
Closed on
Aug 3, 2021
Sold by
Jemdar Llc
Bought by
Jemdar Llc
Seller's Agent
Brendan Taylor
RE/MAX Trends Realty
Buyer's Agent
Susan Smith
Howard Hanna
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%

Purchase Details

Listed on
Apr 7, 2016
Closed on
Apr 19, 2016
Sold by
Sassano Mary H
Bought by
Mccaffrey Jessica E
Seller's Agent
Susan Delaney
Howard Hanna
Buyer's Agent
Susan Delaney
Howard Hanna
List Price
$160,000
Sold Price
$160,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.31%

Purchase Details

Listed on
Apr 7, 2016
Closed on
Apr 1, 2016
Sold by
Mccaffrey Jessica E
Bought by
Jemdar Llc
Seller's Agent
Susan Delaney
Howard Hanna
Buyer's Agent
Susan Delaney
Howard Hanna
List Price
$160,000
Sold Price
$160,000

Purchase Details

Closed on
Feb 20, 1980
Sold by
Sassano Anthony L
Bought by
Anthony L Sassano

Purchase Details

Closed on
Jan 1, 1975
Bought by
Sassano Anthony L
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
1520 Oakmount Road Llc $315,000 None Available
Jemdar Llc -- Carson Law Firm Llc
Smith Colin A -- None Listed On Document
Smith Colin A -- None Listed On Document
Mccaffrey Jessica E $160,000 Ohio Title Corp
Jemdar Llc -- None Available
Anthony L Sassano -- --
Sassano Anthony L -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Sold $315,000 -3.1% $95 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
08/16/2021 08/16/21 For Sale $325,000 +103.1% $98 / Sq Ft
04/22/2016 04/22/16 Sold $160,000 0.0% $48 / Sq Ft
04/09/2016 04/09/16 Pending -- -- --
04/07/2016 04/07/16 For Sale $160,000 -- $48 / 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 $46 -- -- --
2022 $746 $62,930 $9,870 $53,060
2021 $6,369 $62,930 $9,870 $53,060
2020 $6,294 $54,250 $8,510 $45,750
2019 $5,786 $155,000 $24,300 $130,700
2018 $4,088 $54,250 $8,510 $45,750
2017 $6,214 $54,250 $7,000 $47,250
2016 $6,177 $54,250 $7,000 $47,250
2015 $6,040 $54,250 $7,000 $47,250
2014 $6,004 $54,250 $7,000 $47,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4308500

MLS Now

APN: 703-08-061