NOT LISTED FOR SALE

Estimated Value: $83,000 - $785,000

3 Beds
4 Baths
8,000 Sq Ft
$73/Sq Ft Est. Value

Last Sold December 06, 2022

Last sale price $625,000 $78 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,879/month

153 Days on Market

Highlights

  • City View
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 1 Fireplace
  • Patio
  • East Facing Home

About This Home

As of December 2022

Fantastic Urban LUXE-LOFT Style Living in the heart of Cleveland’s Artist District. Super Cool! Super Location! Super Opportunity to Own Your Very Own Building in the City!!! Built in 1908, the 6,000 sq. ft, stand-alone building has 3 expansive floors of open concept, loft-style spaces w/ 14’-15’ high ceilings, massive, exposed wood support beams, huge windows offering great natural light, exposed brick walls & original finished oak floors. On the 1st floor you have two huge garage door window units that when open really provide a unique indoor-outdoor experience. Other great features include a service elevator for all 3 floors, a circle staircase to the 2nd floor, a full lower level w/ great storage & finally, this building has its own private-enclosed backyard space for entertaining. Currently, the building is set up as 3 full floors of private resident living: the 1st floor is utilized as a space for open entertaining, the 2nd floor is more of the private resident’s hangout space w/ multiple spaces including the kitchen, and the 3rd floor has the 3 bedroom sleeping quarters. Because the building is designated as legal “Live-Work” one could make the 1st floor an office-professional space or even a store front, restaurant, or commercial business. The entire building could be used in this capacity. 1668 E. 40th St. is also a Phenomenal Location with quick & easy access to all this city has to offer! 5 min. to DOWNTOWN, 8 min. to UNIVERSITY CIRCLE & The CLEVELAND CLINIC.

Last Agent to Sell the Property

David Malone

Howard Hanna License #2015005831 Listed on: 04/28/2022

Howard Hanna

Last Buyer's Agent

David Malone

Howard Hanna License #2015005831 Listed on: 04/28/2022

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,482

Year Built

  • Built in 1907

Lot Details

  • 3,006 Sq Ft Lot
  • East Facing Home
  • Wood Fence
  • Chain Link Fence
  • Unpaved Streets

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Rubber Roof

Interior Spaces

  • 3-Story Property
  • 1 Fireplace
  • City Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 102-30-056

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,482

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Townhouse
  • House Faces: East
  • Price Per Square Foot: 104.17
  • Estimated Price per Sq Ft: 104.17
  • Year Built Exception: Actual YBT
  • Num Of Stories: 3.00
  • Total Sq Ft: 6000
  • Year Built: 1907
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 1907

Interior Features

  • Appliances Equipment: Dishwasher, Garbage Disposal, Range, Refrigerator, Wall Oven
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Half Bathrooms: 2
  • Room Count: 9
  • Basement Detail: Full, Unfinished
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 6000.00
  • Sq Ft Approx Below Grade Finished: 2000.00
  • Sq Ft Approx Total Finished: 8000.00

Exterior Features

  • View: City View
  • Exterior: Brick
  • Exterior Features: Patio
  • Fences: Chain Link, Wood
  • Roof: Asphalt/Fiberglass, Rubber

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Attached, Door Opener
  • Garage Num Of Cars: 1

Utilities

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

Schools

  • School District: Cleveland Municipal

Lot Info

  • Lot Dimensions: x
  • Lot Size Units: Acres
  • Acres: 0.0690
  • Parcel Number: 102-30-056
  • LandLeaseYN: No

Tax Info

  • Tax: 9482

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2023
Sold by
Briggs Anthony
Bought by
P40 Llc
Current Estimated Value
$704,661

Purchase Details

Listed on
Apr 28, 2022
Closed on
Nov 30, 2022
Sold by
Mischka Cash H and Mischka Andrea J
Bought by
Briggs Anthony D
Seller's Agent
David Malone
Howard Hanna
Buyer's Agent
David Malone
Howard Hanna
List Price
$850,000
Sold Price
$625,000
Premium/Discount to List
-$225,000
-26.47%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.10%
Original Mortgage
$500,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2008
Sold by
Hall Richard C and Mosher Tiffany A
Bought by
Mischka Cash H and Mischka Andrea J

Purchase Details

Closed on
Oct 19, 2004
Sold by
Ben Kiki Matthew A
Bought by
Hall Richard C and Mosher Tiffany A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,000
Interest Rate
5.85%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 7, 1997
Sold by
Mersfelder Margot F
Bought by
Ben Matthew and Ben Kiki

Purchase Details

Closed on
Jan 1, 1981
Bought by
Mersfelder Marcot F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
P40 Llc -- None Listed On Document
Briggs Anthony D $625,000 Nova Title
Mischka Cash H $340,000 Revere Title
Hall Richard C $355,000 Tower City Title Agency L
Ben Matthew $114,000 --
Mersfelder Marcot F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Briggs Anthony D $500,000
Previous Owner Hall Richard C $283,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2022 12/06/22 Sold $625,000 -20.4% $78 / Sq Ft
09/28/2022 09/28/22 Pending -- -- --
07/13/2022 07/13/22 Price Changed $785,000 -7.6% $98 / Sq Ft
04/28/2022 04/28/22 For Sale $850,000 -- $106 / 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 $14,627 $218,750 $2,590 $216,160
2023 $9,634 $127,020 $2,380 $124,640
2022 $9,579 $127,020 $2,380 $124,640
2021 $9,483 $127,020 $2,380 $124,640
2020 $9,458 $109,520 $2,070 $107,450
2019 $8,745 $312,900 $5,900 $307,000
2018 $8,716 $109,520 $2,070 $107,450
2017 $9,603 $116,450 $2,210 $114,240
2016 $9,528 $116,450 $2,210 $114,240
2015 $9,285 $116,450 $2,210 $114,240
2014 $9,285 $113,060 $2,140 $110,920
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4367700

MLS Now

APN: 102-30-056