NOT LISTED FOR SALE

16716 Grovewood Ave Cleveland, OH 44110

North Collinwood Neighborhood

Estimated Value: $118,955 - $146,000

5 Beds
2 Baths
1,673 Sq Ft
$79/Sq Ft Est. Value

Last Sold August 28, 2024

Last sale price $115,000 $69 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $861/month

8 Days on Market

Highlights

  • Window Unit Cooling System
  • Baseboard Heating
  • Wood Siding
  • Forced Air Heating System

About This Home

As of August 2024

Must see the inside! Great income investment! Updates in both units. Roof replaced in 2011, new siding in 2022. There is hook up for washer and dryer separate for each unit. Rent upstairs is $630- Rent downstairs $ 850. Tenants are on month-to-month, tenants pay gas, electric, landlord pays water, sewer and trash. Tenants would like to stay

Last Agent to Sell the Property

Debra Lanning

HomeSmart Real Estate Momentum LLC Brokerage Email: lanning1124@gmail.com 440-339-1001 License #2019003257 Listed on: 07/15/2024

HomeSmart Real Estate Momentum LLC

Last Buyer's Agent

Min Zhang

REAFCO License #2020007987

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,390

Year Built

  • Built in 1905

Lot Details

  • 7,841

Home Design

  • Block Foundation
  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • Aggregate Flooring
  • Driveway

Utilities

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

Additional Features

  • 2-Story Property
  • 7,841 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 113-23-120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,390

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1905
  • Attribution Contact: lanning1124@gmail.com 440-339-1001
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.18
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Wood Siding
  • Foundation Details: Block

Garage/Parking

  • Attached Garage: No
  • Parking Features: Aggregate, Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 113-23-120
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Gas

Tax Info

  • Tax Annual Amount: 1389.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2024
Closed on
Aug 22, 2024
Sold by
Dambrosia Mark and Dambrosia Jill
Bought by
Wilson William Jacob
Seller's Agent
Debra Lanning
HomeSmart Real Estate Momentum LLC
Buyer's Agent
Min Zhang
REAFCO
List Price
$120,000
Sold Price
$115,000
Premium/Discount to List
-$5,000
-4.17%
Views
16
Current Estimated Value
$131,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,989
Avg. Annual Appreciation
12.61%
Original Mortgage
$86,250
Outstanding Balance
$85,255
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$46,734

Purchase Details

Closed on
Jun 5, 2024
Sold by
Freska Brian G
Bought by
Dambrosia Mark

Purchase Details

Closed on
Jan 30, 2023
Sold by
Ryan Leslie
Bought by
Freska Brian

Purchase Details

Closed on
Nov 12, 2008
Sold by
Us Bank National Association
Bought by
Freska Brian G and Dambrosia Mark

Purchase Details

Closed on
Dec 31, 2007
Sold by
King Sandra
Bought by
Us Bank Na

Purchase Details

Closed on
Dec 5, 2006
Sold by
King Sandra and King Ricardo
Bought by
Heights Passport Llc

Purchase Details

Closed on
Sep 17, 2003
Sold by
Wiesler Gregory F and Wiesler Susan N
Bought by
King Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,410
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1985
Sold by
Wiesler Gregory F and Wiesler Susan N
Bought by
Wiesler Gregory F and Wiesler Susan N

Purchase Details

Closed on
Feb 24, 1983
Sold by
Bullock Louise E
Bought by
Wiesler Gregory F and Wiesler Susan N

Purchase Details

Closed on
Mar 15, 1976
Sold by
Hartman Amanda
Bought by
Bullock Louise E

Purchase Details

Closed on
Jan 1, 1975
Bought by
Hartman Amanda
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
Wilson William Jacob $115,000 Ohio Real Title
Dambrosia Mark $25,600 None Listed On Document
Freska Brian -- None Listed On Document
Freska Brian G $8,571 Accutitle Agency Inc
Us Bank Na $30,000 Attorney
Heights Passport Llc -- Attorney
King Sandra $84,900 Sunrise Title Agency
Wiesler Gregory F -- --
Wiesler Gregory F $30,500 --
Bullock Louise E -- --
Hartman Amanda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson William Jacob $86,250
Previous Owner King Sandra $76,410
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2024 08/28/24 Sold $115,000 -4.2% $69 / Sq Ft
07/24/2024 07/24/24 Pending -- -- --
07/15/2024 07/15/24 For Sale $120,000 -- $72 / 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 $2,001 $29,925 $6,755 $23,170
2023 $1,390 $17,920 $5,005 $12,915
2022 $1,382 $17,920 $5,010 $12,920
2021 $1,369 $17,920 $5,010 $12,920
2020 $1,389 $15,720 $4,380 $11,340
2019 $1,286 $44,900 $12,500 $32,400
2018 $1,228 $15,050 $4,380 $10,680
2017 $1,238 $14,640 $4,170 $10,470
2016 $1,228 $14,640 $4,170 $10,470
2015 $1,416 $14,640 $4,170 $10,470
2014 $1,416 $16,810 $4,800 $12,010
Source: Public Records

Agents Affiliated with this Home

  • Debra Lanning

    Seller's Agent in 2024

    Debra Lanning

    HomeSmart Real Estate Momentum LLC

    (440) 339-1001

    1 in this area

    50 Total Sales

    Debra Lanning
    Section Image

  • M

    Buyer's Agent in 2024

    Min Zhang

    REAFCO

    (614) 412-2912

    2 in this area

    62 Total Sales

    Min Zhang
    Section Image
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Map

Source: MLS Now

MLS Number: 5047035

MLS Now

APN: 113-23-120

Ohio Cuyahoga County Cleveland 44110 North Collinwood

16716 Grovewood Ave, Cleveland, OH

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