NOT LISTED FOR SALE

1667 E 40th St Unit 1B-1 Cleveland, OH 44103

Goodrich-Kirtland Park Neighborhood

Estimated Value: $341,826

4 Beds
0.5 Bath
3,787 Sq Ft
$656/mo HOA Fee

Last Sold July 08, 2024

Last sale price $325,000 $86 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,791/month

31 Days on Market

Highlights

  • Double Pane Windows
  • Forced Air Heating System
  • Ceiling Fan

About This Home

As of July 2024

Waiting to Find the PERFECT Downtown LOFT Condo with Gorgeous Views of the Cleveland Sky Line From the Roof Top Deck and LOADS of Space?? LOOK NO FURTHER! Featuring an Unreal 3,787 Square Feet of Modern Urban Living and the Potential to have a SHOWCASE Loft Home in "Loftworks", one of Downtown Cleveland's Most Desirable Live/Work Desinations! Loftworks Caters to a Unique Clientele Consisting of Artists, Law Offices, Small Businesses and Elegant Loft Homes...Featuring Condo Units that are Approved for both Full Time Residential Living, Living in Part/Working in Part of the Unit, & can even be Operated as a Fully Commercial Space. Fancy a Convenient Work-From-Home Situation...You Absolutely Will Not Find a Better Fit! Run An Accounting Firm/Law Office/Art Gallery? No Problem! Existing Layout was Setup as a Tutoring School with Various Individual Work Rooms and a Couple Large Open Spaces for Classes/Conferences. *New Bathroom Added 2024* There is a Basic Office Kitchen & Several Drain Stacks & Ready Access to Water Supply Lines w/ Will Allow For Multiple Bathrooms to be Built In if Needed! Currently there are Bathrooms Accessible Just Outside the Unit in the Common Area Available All Hours of the Day. Loftworks Offers Gated Off-Street Parking with One Dedicated Parking Spot for this Unit and Plenty of Additional Off-Street Visitor/Guest Spots! Building is Secured with Automatic Magnetic Locks that Require Either a Key Fob or Entry Code to Enter, so Security is the Priority! Association Takes Care of Water/Sewer Bills, All Exterior & Common Area Maintenance...so Headaches are Minimized! This is a Vibrant Building with a Caring and Dedicated Association that Takes Meticulous Care of the Property! Make This Your DREAM Home OR Create the Perfect Work Space to Inspire the Next Chapter of Your Success! Don't Miss Your Chance...Opportunity Rarely Knocks Twice! Owner Financing Available for Well Qualified Borrowers.

Last Agent to Sell the Property

Victor Duqum

VSD Realty, LLC. Brokerage Email: 216-406-1772 victor@vsdrealty.com License #2012003077 Listed on: 05/03/2024

Last Buyer's Agent

Victor Duqum

VSD Realty, LLC. Brokerage Email: 216-406-1772 victor@vsdrealty.com License #2012003077 Listed on: 05/03/2024

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1908

Lot Details

  • 3,785

HOA Fees

  • $656 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Rubber Roof
  • Block Exterior

Interior Spaces

  • 3,787 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 0.5 Bathroom

Parking

  • On-Site Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 104-27-302

Community Details

Overview

  • Association fees include management, insurance, ground maintenance, maintenance structure, parking, reserve fund, sewer, snow removal, trash, water
  • Loftworks Condo Ph 1 Subdivision

Amenities

  • No Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1908

Lot Details

0

HOA Fees

$656 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Year Built: 1908
  • Attribution Contact: 216-406-1772 victor@vsdrealty.com
  • Reso Association Fee Includes: Association Management, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Reserve Fund, Sewer, Snow Removal, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Loftworks Condo Ph 1
  • Above Grade Finished Sq Ft: 3787.0
  • Architectural Style: Multiplex
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • ResoWindowFeatures: Double Pane Windows
  • Tax Year: 2023
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: No
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Main Level Bedrooms: 4
  • Stories: 1
  • Stories: 1

Exterior Features

  • Roof: Rubber
  • Acres: 0.0869
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Block

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, On Site, Off Street

Utilities

  • LaundryFeatures: None
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association #2 Fee: 656.0
  • Association #2 Fee Frequency: Monthly
  • Association: No

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 104-27-302
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Rental Info

  • PetsAllowed: Yes

Tax Info

  • Tax Annual Amount: 10753.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
Jun 25, 2024
Sold by
Loftworks Llc
Bought by
Kaye Christopher J
Seller's Agent
Victor Duqum
VSD Realty, LLC.
Buyer's Agent
Victor Duqum
VSD Realty, LLC.
List Price
$334,500
Sold Price
$325,000
Premium/Discount to List
-$9,500
-2.84%
Views
35
Current Estimated Value
$341,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,826
Avg. Annual Appreciation
4.12%
Original Mortgage
$125,000
Outstanding Balance
$123,493
Interest Rate
6.94%
Mortgage Type
Seller Take Back
Estimated Equity
$218,333

Purchase Details

Closed on
Mar 10, 2014
Sold by
Loftworks Llc
Bought by
Arnold John Allen and Arnold Holly Dobbs
Source: Public Records

Range of Values:

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Average Value
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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
Kaye Christopher J $325,000 Ohio Real Title
Arnold John Allen $107,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaye Christopher J $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2024 07/08/24 Sold $325,000 -2.8% $86 / Sq Ft
06/04/2024 06/04/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $334,500 -- $88 / 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 $13,427 $130,095 $7,280 $122,815
2023 $10,753 $107,670 $6,620 $101,050
2022 $10,739 $107,660 $6,615 $101,045
2021 $10,770 $107,660 $6,620 $101,050
2020 $11,193 $107,660 $6,620 $101,050
2019 $10,538 $307,600 $18,900 $288,700
2018 $10,276 $107,660 $6,620 $101,050
2017 $6,545 $64,440 $6,620 $57,820
2016 $1,423 $14,000 $6,620 $7,380
2015 $1,426 $14,000 $6,620 $7,380
2014 $603 $5,960 $2,770 $3,190
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2024

    Victor Duqum

    VSD Realty, LLC.

    (216) 406-1772

    3 in this area

    146 Total Sales

    Victor Duqum
    Section Image
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Map

Source: MLS Now

MLS Number: 5035576

MLS Now

APN: 104-27-302

Ohio Cuyahoga County Cleveland 44103 Goodrich-Kirtland Park

1667 E 40th St Unit 1B-1, Cleveland, OH

This home is located at 1667 E 40th St Unit 1B-1, Cleveland, OH 44103 since 03 May 2024 and is currently estimated at $341,826, approximately $90 per square foot. This property was built in 1908. 1667 E 40th St Unit 1B-1 is a home located in Cuyahoga County with nearby schools including Anton Grdina School, Bolton, and Andrew J. Rickoff 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.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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