NOT LISTED FOR SALE

1561 E 118th St Cleveland, OH 44106

University Circle Neighborhood

Estimated Value: $392,000 - $401,000

2 Beds
2.5 Baths
1,780 Sq Ft
$223/Sq Ft Est. Value

Last Sold December 01, 2016

Last sale price $400,000 $225 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,184/month

Highlights

  • Health Club
  • City View
  • Tennis Courts
  • Medical Services
  • Deck
  • Park

About This Home

As of June 2022

RENT or BUY This custom University Place Townhome is nestled in the heart of Cleveland's robust cultural district, University Circle, a special place on the globe and one of America's Prettiest Neighborhoods recognized by Forbes magazine. Live among world-renowned arts and culture venues and world-class educational institutions in a nationally recognized neighborhood full of convenient amenities, eclectic retail, chic dining and outdoor recreation from Wade Oval through Uptown to historic Little Italy. Enjoy the energy of frontage along E. 118th Street with views of Case Western Reserve University, overlooking right field of Nobby's Ballpark, and University Place's European-style courtyard. Bamboo floors, granite counters, euro style custom kitchen with appliances, roof terrace! Designed to reflect University Circle's traditional gable-roofed homes infused with fresh, cutting-edge style reflecting its world-class institutions, University Place isn't just a living space, it's A Place To Live.

Last Agent to Rent the Property

Robert Zimmer

Keller Williams Greater Metropolitan License #404374 Listed on: 05/07/2022

Keller Williams Greater Metropolitan

Last Renter's Agent

Robert Zimmer

Keller Williams Greater Metropolitan License #404374 Listed on: 05/07/2022

Keller Williams Greater Metropolitan

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • 958

Parking

  • 2 Car Garage

Property Views

  • City
  • Park or Greenbelt

Interior Spaces

  • 1,780 Sq Ft Home
  • 4-Story Property
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 120-22-115

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

  • Health Club
  • Tennis Courts
  • Park

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

0

Rental Info

  • PetsAllowed: No
  • Lease Terms: One Year

Listing Details

  • Property Type: Rental
  • Property Subtype: Single Family
  • Price Per Square Foot: 1.57
  • Estimated Price per Sq Ft: 1.57
  • Year Built Exception: Actual YBT
  • Num Of Stories: 4.00
  • Total Sq Ft: 1780
  • Year Built: 2014
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4
  • Year Built: 2014

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range, Smoke Detector, Wall Oven, Washer
  • Total Bedrooms: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 10
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1780.00
  • Sq Ft Approx Total Finished: 1780.00

Exterior Features

  • View: City View, Park
  • Exterior Features: Deck

Garage/Parking

  • Garage Num Of Cars: 2

Utilities

  • LaundryFeatures: In Unit
  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Health Club, Medical Service, Park, Shopping/Mall, Tennis Courts

Schools

  • School District: Cleveland Municipal

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 120-22-115

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2023
Sold by
Chang Eugene and Chang Chen
Bought by
Pyne Richard G
Current Estimated Value
$397,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Outstanding Balance
$29,335
Interest Rate
6.96%
Mortgage Type
Seller Take Back
Estimated Equity
$367,999

Purchase Details

Listed on
Jul 1, 2013
Closed on
Nov 17, 2016
Sold by
University Place Devco Lp
Bought by
Chang Eugene and Wu Chen
Seller's Agent
Robert Zimmer
Keller Williams Greater Metropolitan
Buyer's Agent
Robert Zimmer
Keller Williams Greater Metropolitan
List Price
$409,500
Sold Price
$400,000
Premium/Discount to List
-$9,500
-2.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.07%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pyne Richard G $385,000 Stewart Title
Chang Eugene $400,000 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pyne Richard G $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/11/2022 06/11/22 Rented $2,800 -3.4% --
05/31/2022 05/31/22 Price Changed $2,900 +16.0% $2 / Sq Ft
05/07/2022 05/07/22 For Rent $2,500 0.0% --
12/01/2016 12/01/16 Sold $400,000 -2.3% $192 / Sq Ft View Prior Sale
09/26/2016 09/26/16 Pending -- -- --
07/01/2013 07/01/13 For Sale $409,500 -- $196 / 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 $1,529 $134,750 $22,855 $111,895
2023 $1,230 $15,860 $15,860 $0
2022 $1,223 $146,300 $15,855 $130,445
2021 $1,211 $146,300 $15,860 $130,450
2020 $1,274 $14,420 $14,420 $0
2019 $1,180 $41,200 $41,200 $0
2018 $1,176 $14,420 $14,420 $0
2017 $506 $5,990 $5,990 $0
2016 $503 $5,990 $5,990 $0
2015 $502 $5,990 $5,990 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Zimmer

    Landlord's Agent in 2022

    Robert Zimmer

    Keller Williams Greater Metropolitan

    (216) 406-5729

    11 in this area

    199 Total Sales

    Robert Zimmer
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Map

Source: MLS Now

MLS Number: 4370974

MLS Now

APN: 120-22-115

Ohio Cuyahoga County Cleveland 44106 University Circle

1561 E 118th St, Cleveland, OH

Not Listed for Sale

Detached

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