
1581 E 118th St Cleveland, OH 44106
University Circle NeighborhoodEstimated payment $4,046/month
Highlights
- Medical Services
- Modern Architecture
- High Ceiling
- Deck
- Corner Lot
- Granite Countertops
About This Home
Enjoy University Circle living at its best in this quality-built 2007 modern townhome (renovated in 2014) overlooking ballfields at Case Western Reserve. A spacious modern 4 bedroom 3.5 bath home with 3 levels of wonderful living space and a private fenced yard. Recent updates in 2023 include: Master bedroom shower remodel and new cabinetry; newly painted 2nd and 3rd floor front bedrooms and 3rd floor bathroom. In 2024 the back sidewalk concrete replaced and new backyard fence. Sit out on the covered front porch thatleads to the open first floor level featuring an open dining room, kitchen with stainless appliances, great room with fireplace, and powder room that leads to back entry. Walk out onto the private fenced backyard and patio that leads to the 2 car garage. Second floor includes master suite with walk in closet, newer 2023 walk-in shower and wall of windows and second spacious bedroom and hall full bath. Charming built-in bookshelves & blanket benches in the hallway leading to the third floor that includes two additional bedrooms (great for office, work out space or guest suites) and 3rd full bath. Full unfinished basement perfect for storage and also plumbed for an additional bath if needed. Enjoy all the benefits of living on a university campus taking in visits to Cleveland's world renowned Art Museum, Orchestra, Natural History Museum, Cinematheque, Cultural Gardens, Little Italy great restaurants and close proximity to all that Downtown Cleveland includes and more! Also available for lease - $4000 a month. Seller prefers 2 year lease (with no rent increase).
Listing Agent
Berkshire Hathaway HomeServices Professional Realty Brokerage Email: susan@bhhspro.com 440-477-3465 License #2022003687 Listed on: 03/20/2025

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,741
Year Built
- Built in 2007
Lot Details
- 2,701 Sq Ft Lot
- West Facing Home
- Wood Fence
- Corner Lot
HOA Fees
- $500 Monthly HOA Fees
Parking
- 2 Car Detached Garage
- Garage Door Opener
Home Design
- Modern Architecture
- Property Attached
- Fiberglass Roof
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2,020 Sq Ft Home
- 3-Story Property
- High Ceiling
- Gas Log Fireplace
- Great Room with Fireplace
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Breakfast Bar
- Kitchen Island
- Granite Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 3.5 Bathrooms
Outdoor Features
- Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 120-24-046
Community Details
Overview
- Association fees include common area maintenance, insurance, ground maintenance, reserve fund, snow removal
- Wade Park Townhomes Association
- Residential Twnhse Dev/Wade Park Subdivision
Amenities
- Medical Services
- Shops
- Public Transportation
Recreation
- Park
Map
Home Values in the Area
Average Home Value in this Area
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 | $11,741 | $179,095 | $38,675 | $140,420 |
2023 | $11,641 | $150,160 | $26,850 | $123,310 |
2022 | $2,025 | $150,150 | $26,845 | $123,305 |
2021 | $2,005 | $150,150 | $26,850 | $123,310 |
2020 | $2,107 | $24,400 | $24,400 | $0 |
2019 | $1,948 | $69,700 | $69,700 | $0 |
2018 | $1,382 | $24,400 | $24,400 | $0 |
2017 | $829 | $10,050 | $10,050 | $0 |
2016 | $822 | $10,050 | $10,050 | $0 |
2015 | $676 | $10,050 | $10,050 | $0 |
2014 | $676 | $8,230 | $8,230 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/23/2025 07/23/25 | Price Changed | $475,000 | 0.0% | $235 / Sq Ft |
07/01/2025 07/01/25 | Price Changed | $3,500 | 0.0% | $2 / Sq Ft |
06/17/2025 06/17/25 | For Sale | $489,000 | 0.0% | $242 / Sq Ft |
06/02/2025 06/02/25 | Off Market | $489,000 | -- | -- |
05/07/2025 05/07/25 | For Rent | $4,000 | 0.0% | -- |
05/06/2025 05/06/25 | Price Changed | $489,000 | -6.9% | $242 / Sq Ft |
03/20/2025 03/20/25 | For Sale | $525,000 | +33.2% | $260 / Sq Ft |
10/14/2020 10/14/20 | Sold | $394,000 | 0.0% | $195 / Sq Ft |
08/08/2020 08/08/20 | Off Market | $394,000 | -- | -- |
08/08/2020 08/08/20 | Pending | -- | -- | -- |
05/11/2020 05/11/20 | For Sale | $420,000 | +7.7% | $208 / Sq Ft |
09/11/2015 09/11/15 | Sold | $390,000 | -8.2% | $193 / Sq Ft |
08/01/2015 08/01/15 | Pending | -- | -- | -- |
10/05/2014 10/05/14 | For Sale | $425,000 | 0.0% | $210 / Sq Ft |
05/07/2012 05/07/12 | Rented | $2,800 | -12.5% | -- |
05/01/2012 05/01/12 | Under Contract | -- | -- | -- |
03/01/2012 03/01/12 | For Rent | $3,200 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $394,000 | Ohio Real Title | |
Survivorship Deed | $390,000 | Erie Title Agency |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $315,200 | New Conventional | |
Previous Owner | $100,363 | Credit Line Revolving | |
Previous Owner | $234,000 | New Conventional |
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Source: MLS Now
MLS Number: 5106291

APN: 120-24-046
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