NOT LISTED FOR SALE

18323 Marcella Rd Cleveland, OH 44119

North Collinwood Neighborhood

Estimated Value: $121,000 - $172,000

4 Beds
1 Bath
1,816 Sq Ft
$77/Sq Ft Est. Value

Last Sold July 11, 2022

Last sale price $144,500 $80 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $861/month

73 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Car Detached Garage
  • Forced Air Heating System
  • 1 Fireplace

About This Home

As of July 2022

Investor special. 9% cap rate! 15-year tax abatement ($45,000 savings over 15 years). Beautifully updated and an amazing property to add to any investor portfolio. Beautifully remodeled and move-in-ready condition. This stunning 4 bedroom cape cod has everything you could possibly want and more. Fresh flooring throughout and an updated fireplace makes for a perfect living area to relax, or host your friends and family. Walk into your new home and the first thing you'll notice is the character. Everything is brand new but the character remains intact. Fresh tile through the kitchen and living area leading into your luxury kitchen. New cabinets, brand new stainless steel appliances, and granite countertops. With huge amounts of counter space, this is an ideal setup for someone who loves to cook, or just needs the extra space to make food. As if 4 bedrooms wasn't enough, off the back of the house is a 4 seasons room. Perfect for a playroom or home office. tired of sharing a sink?? A fully updated and remodeled bathroom features gorgeous tile work and double sinks that provide all the room you need. With two bedrooms on the main floor and two more upstairs, plus a full basement, this home has tons of room to grow. This is the perfect home for an investor looking for a turnkey property that will collect high-end rent, or a growing family looking for a room to grow. Currently, the tenant is occupied, do not disturb the tenant. Showing available after accepted offer.

Last Agent to Sell the Property

Thomas Garuccio

Real of Ohio License #2019003560 Listed on: 02/23/2022

Last Buyer's Agent

William Bambrick

Smartland, LLC. License #2015002015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,009

Year Built

  • Built in 1920

Lot Details

  • 8,059 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Asphalt Roof

Interior Spaces

  • 1,816 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Euclid 15 Community

Listing and Financial Details

  • Assessor Parcel Number 113-08-040

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,009

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Cape Cod
  • Price Per Square Foot: 79.57
  • Estimated Price per Sq Ft: 79.57
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 1816
  • Year Built: 1920
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Basement Detail: Unfinished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1816.00
  • Sq Ft Approx Total Finished: 1816.00

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 1

Utilities

  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Euclid 15

Schools

  • School District: Cleveland Municipal
  • School District: Cleveland Municipal

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1850
  • Parcel Number: 113-08-040
  • LandLeaseYN: No

Tax Info

  • Tax: 1009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2025
Sold by
First Quarter Holding Llc
Bought by
Overtime Llc
Current Estimated Value
$138,933

Purchase Details

Listed on
Feb 23, 2022
Closed on
Jul 6, 2022
Sold by
Port1 Llc
Bought by
First Quarter Holding Llc
Seller's Agent
Thomas Garuccio
Real of Ohio
Buyer's Agent
William Bambrick
Smartland, LLC.
List Price
$146,000
Sold Price
$144,500
Premium/Discount to List
-$1,500
-1.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.35%
Original Mortgage
$196,700
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2019
Sold by
Prop1 Llc
Bought by
Port1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$698,400
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 31, 2019
Closed on
Feb 26, 2019
Sold by
Ammann Steven
Bought by
Propi Llc
Seller's Agent
Teresa Crew
Action Realty Co
Buyer's Agent
Jeff Swiecicki
Deleted Agent
List Price
$29,000
Sold Price
$32,600
Premium/Discount to List
$3,600
12.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.18%

Purchase Details

Listed on
Jan 31, 2019
Closed on
Feb 14, 2019
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Ammann Steven
Seller's Agent
Teresa Crew
Action Realty Co
Buyer's Agent
Jeff Swiecicki
Deleted Agent
List Price
$29,000
Sold Price
$32,600
Premium/Discount to List
$3,600
12.41%

Purchase Details

Closed on
Jun 26, 2018
Sold by
Borris Mary Ann and Danielson Mary Ann
Bought by
Wilmington Savings Fund Society and Christiana Trust

Purchase Details

Closed on
Sep 30, 1997
Sold by
Fink Marcella
Bought by
Danielson Mary A

Purchase Details

Closed on
Jan 1, 1975
Bought by
Fink Marcella R
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
Overtime Llc -- None Listed On Document
First Quarter Holding Llc $289,000 Omega Title
Port1 Llc -- Omega Title Agency Llc
Propi Llc -- Landcastle Title Llc
Ammann Steven $32,600 Landcastle Title
Wilmington Savings Fund Society $29,000 None Available
Danielson Mary A $32,500 --
Fink Marcella R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner First Quarter Holding Llc $196,700
Previous Owner Port1 Llc $698,400
Previous Owner Borris Mary Ann $76,400
Previous Owner Borris Mary Ann $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2022 07/11/22 Sold $144,500 -1.0% $80 / Sq Ft
05/07/2022 05/07/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $146,000 +347.9% $80 / Sq Ft
02/22/2019 02/22/19 Sold $32,600 +12.4% $18 / Sq Ft
02/06/2019 02/06/19 Pending -- -- --
01/31/2019 01/31/19 For Sale $29,000 -- $16 / 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 $1,257 $41,090 $9,345 $31,745
2023 $1,009 $13,020 $7,880 $5,140
2022 $1,004 $25,170 $7,880 $17,290
2021 $994 $25,170 $7,880 $17,290
2020 $1,009 $11,410 $6,900 $4,520
2019 $1,807 $63,100 $19,700 $43,400
2018 $1,566 $22,090 $6,900 $15,190
2017 $1,341 $15,860 $5,570 $10,290
2016 $1,331 $15,860 $5,570 $10,290
2015 $3,197 $15,860 $5,570 $10,290
2014 $3,197 $18,660 $4,970 $13,690
Source: Public Records

Agents Affiliated with this Home

  • Thomas Garuccio

    Seller's Agent in 2022

    Thomas Garuccio

    Real of Ohio

    (440) 754-7449

    12 in this area

    306 Total Sales

    Thomas Garuccio
    Section Image
  • William Bambrick

    Buyer's Agent in 2022

    William Bambrick

    Smartland, LLC.

    (216) 410-5899

    3 in this area

    96 Total Sales

    William Bambrick
    Section Image
  • Teresa Crew

    Seller's Agent in 2019

    Teresa Crew

    Action Realty Co

    (330) 307-3195

    216 Total Sales

    Teresa Crew
    Section Image

  • J

    Buyer's Agent in 2019

    Jeff Swiecicki

    Deleted Agent

    Section Image
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Map

Source: MLS Now

MLS Number: 4350510

MLS Now

APN: 113-08-040

Ohio Cuyahoga County Cleveland 44119 North Collinwood

18323 Marcella Rd, Cleveland, OH

This home is located at 18323 Marcella Rd, Cleveland, OH 44119 since 23 February 2022 and is currently estimated at $138,933, approximately $76 per square foot. This property was built in 1920. 18323 Marcella Rd is a home located in Cuyahoga County with nearby schools including Bolton, Anton Grdina School, and Adlai Stevenson 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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