$105,000
SOLD APR 7, 2025

1848 Stanwood Rd Cleveland, OH 44112

5 Beds
1.5 Baths
1,894 Sq Ft
5,602 Sq Ft Lot

Recently Sold

$55 Per Sq Ft

4% Below List Price

70 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System
  • 1 Fireplace
  • 2 Car Detached Garage

About This Home

As of April 2025

Back on market not due to property or seller. Currently occupied by a long term(2020) neat, month to month section 8 tenant who wants to continue to reside in home. Property recently passed yearly rental inspection. 4bedroom home with a finished attic that is being used as a 5th bedroom. Rented at $1569 with CMHA paying full amount Sec 8 pays over $1800/month for 5 bedroom voucher holders. Trying not to constantly interrupt tenant so please No showings without conditional offer. A Member of owning LLC related to listing broker. Currently professionally managed. Turnkey buy and collect rent. House will pass all inspections

Last Agent to Sell the Property

Gerald Graham

Friendly Home Realty, Inc. Brokerage Email: 516-209-6476 ggraham32@hotmail.com License #2015000159 Listed on: 12/17/2024

Last Buyer's Agent

Chris Walling

Red 1 Realty, LLC License #2018001049

Red 1 Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,100

Year Built

  • Built in 1899

Lot Details

  • 5,602 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Slate Roof
  • Aluminum Siding

Interior Spaces

  • 1,894 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1.5 Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Grasmere Allotment Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 673-09-033

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,100

Year Built

Built in 1899

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1899
  • Attribution Contact: 516-209-6476 ggraham32@hotmail.com
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Grasmere Allotment
  • Above Grade Finished Sq Ft: 1894.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Main Level Bathrooms: 1

Exterior Features

  • Roof: Slate
  • Acres: 0.1286
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Aluminum Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: East Cleveland CSD - 1812

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 673-09-033
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2100.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2024
Closed on
Apr 3, 2025
Sold by
Faraday Builds Llc
Bought by
Chonk Properties Llc
Seller's Agent
Gerald Graham
Friendly Home Realty, Inc.
Buyer's Agent
Chris Walling
Red 1 Realty, LLC
List Price
$109,000
Sold Price
$105,000
Premium/Discount to List
-$4,000
-3.67%
Views
85
Current Estimated Value
$102,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,003
Avg. Annual Appreciation
-55.33%
Original Mortgage
$84,000
Outstanding Balance
$84,000
Interest Rate
6.85%
Mortgage Type
Credit Line Revolving
Estimated Equity
$469

Purchase Details

Listed on
Aug 16, 2024
Closed on
Nov 22, 2024
Sold by
Velocity Commercial Capital Loan Trust and Us Bank National Association
Bought by
Faraday Builds Llc
Seller's Agent
Jeff Lane
Prodigy Properties
Buyer's Agent
Non-Member Non-Member
Non-Member
List Price
$40,000
Sold Price
$25,000
Premium/Discount to List
-$15,000
-37.5%
Views
143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5935.49%

Purchase Details

Closed on
May 1, 2024
Sold by
Sheriff Of Cuyahoga County
Bought by
Velocity Commercial Cap Ln Tr and Us Bank National Association

Purchase Details

Closed on
Apr 7, 2021
Sold by
Culver Derrick Lamar
Bought by
Bullish Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,900
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 9, 2019
Closed on
Oct 3, 2019
Sold by
Keybank National Association
Bought by
Culver Derrick Lamar
Seller's Agent
Dana Roseman
Keller Williams Living
Buyer's Agent
Jun Peng
Red Diamond Realty
List Price
$6,600
Sold Price
$16,662
Premium/Discount to List
$10,062
152.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.62%

Purchase Details

Closed on
Jun 14, 2019
Sold by
Chidls Sadie B and Chidls Sadie
Bought by
Keybank National Association

Purchase Details

Closed on
Jun 14, 1991
Sold by
Childs Sadie Fka
Bought by
Childs Sadie B

Purchase Details

Closed on
Dec 13, 1990
Sold by
Jenkins Sadie B
Bought by
Childs Sadie Fka

Purchase Details

Closed on
Sep 2, 1975
Sold by
Jenkins Theodore and Jenkins Sadie B
Bought by
Jenkins Sadie B

Purchase Details

Closed on
Jan 1, 1975
Bought by
Jenkins Theodore and Jenkins Sadie B
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $105,000 Fidelity National Title
Special Warranty Deed $25,000 Titleco Title
Special Warranty Deed $25,000 Titleco Title
Sheriffs Deed $40,100 None Listed On Document
Quit Claim Deed $81,900 Priority Title
Special Warranty Deed $16,662 Ohio Real Title
Sheriffs Deed $9,000 None Available
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $84,000 Credit Line Revolving
Previous Owner $81,900 New Conventional
Previous Owner $68,500 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 Sold $105,000 0.0% $55 / Sq Ft
02/25/2025 02/25/25 Pending -- -- --
02/14/2025 02/14/25 Price Changed $105,000 -3.7% $55 / Sq Ft
02/08/2025 02/08/25 For Sale $109,000 0.0% $58 / Sq Ft
12/27/2024 12/27/24 Pending -- -- --
12/17/2024 12/17/24 For Sale $109,000 +336.0% $58 / Sq Ft
11/29/2024 11/29/24 Sold $25,000 -37.5% $13 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $40,000 +140.1% $21 / Sq Ft
10/18/2019 10/18/19 Sold $16,662 +152.5% $9 / Sq Ft
09/18/2019 09/18/19 Pending -- -- --
09/09/2019 09/09/19 For Sale $6,600 -- $3 / 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 $1,131 $16,520 $3,920 $12,600
2023 $3,408 $5,845 $2,065 $3,780
2022 $657 $5,850 $2,070 $3,780
2021 $653 $5,850 $2,070 $3,780
2020 $866 $7,740 $2,100 $5,640
2019 $163 $22,100 $6,000 $16,100
2018 $163 $7,740 $2,100 $5,640
2017 $584 $13,800 $3,610 $10,190
2016 $580 $13,800 $3,610 $10,190
2015 $737 $13,800 $3,610 $10,190
2014 $737 $16,210 $4,240 $11,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5090563

MLS Now

APN: 673-09-033