Seller's Agent in 2018
Sean Payton
Howard Hanna
(216) 509-6418
12 in this area
64 Total Sales
1873 W 48th St Cleveland, OH 44102
Detroit Shoreway Neighborhood
3
Beds
1.5
Baths
1,030
Sq Ft
4,408
Sq Ft Lot
Highlights
- Colonial Architecture
- Forced Air Heating System
- Partially Fenced Property
- 1 Car Detached Garage
About This Home
As of November 2018REHAB ARTIST NEEDED: Blank property canvas in need of "painting" the image of the current Ohio City real estate boom. Huge equity potential in this property! Customize to your liking (as it has been completely gutted). A potential 4 bedroom, 2 full bath property with open floor plan. The property also has a detached 2 car garage with alley access.
Ohio City has indicated a 16% growth among ages of 18-35 and a 42% growth in ages of 60-64. In May of this year USA today has named the Ohio City neighborhood one of the top 10 up and coming neighborhoods in the country. Starting in the Spring of 2015, the Ohio City Inc. community development corporation-calls for a $17.3 million dollar makeover of Lorain Avenue's North Side to include a 2.3 mile bike trail extending from West 25th (West Side Market) all the way to W 85th Street. This property is bicycle pumps away from the heart of all of this activity.
Please note that this is a CASH ONLY/ Investment Transaction.
Last Agent to Sell the Property
Shoreway Realty Group License #2012001595 Listed on: 07/14/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,421
Year Built
- Built in 1910
Lot Details
- 4,408 Sq Ft Lot
- Partially Fenced Property
Parking
- 1 Car Detached Garage
Home Design
- Colonial Architecture
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 1,030 Sq Ft Home
- 1.5-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
- 1.5 Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- Benedict & Roots Allotment Community
Listing and Financial Details
- Assessor Parcel Number 002-35-087
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 17, 2018
Closed on
Oct 17, 2018
Sold by
Lone Palm Invetsments Llc
Bought by
Westermann Julia C
Seller's Agent
Sean Payton
Howard Hanna
Buyer's Agent
Judie Crockett
Howard Hanna
List Price
$199,900
Sold Price
$202,000
Premium/Discount to List
$2,100
1.05%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,399
Avg. Annual Appreciation
6.73%
Original Mortgage
$202,000
Interest Rate
4.6%
Mortgage Type
VA
Purchase Details
Listed on
Jul 14, 2017
Closed on
Aug 22, 2017
Sold by
West 48Th Ohio City Llc
Bought by
Lone Palm Investments Llc
Seller's Agent
Kathleen Bassett
Shoreway Realty Group
Buyer's Agent
Sean Payton
Howard Hanna
List Price
$89,900
Sold Price
$75,000
Premium/Discount to List
-$14,900
-16.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
128.34%
Original Mortgage
$120,500
Interest Rate
4.03%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Aug 16, 2016
Sold by
Stathopoulos Angela
Bought by
West 48Th Ohio City Llc
Purchase Details
Closed on
Jul 25, 2005
Sold by
Jimenez Luis A
Bought by
Jimenez Luis A and Jimenez Hilda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,400
Interest Rate
5.74%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 13, 1992
Sold by
Luecht Robert C
Bought by
Jimenez Luis A
Purchase Details
Closed on
Mar 26, 1992
Sold by
Figueroa Maria T
Bought by
Luecht Robert C
Purchase Details
Closed on
Mar 6, 1991
Bought by
Figueroa Maria T
Purchase Details
Closed on
Nov 21, 1990
Sold by
Colon Doris
Bought by
Secretary Of H.U.D.
Purchase Details
Closed on
Apr 6, 1990
Sold by
Colon Luis A
Bought by
Colon Doris
Purchase Details
Closed on
Nov 26, 1975
Sold by
Perez Jose Antonio
Bought by
Colon Luis A
Purchase Details
Closed on
Jan 1, 1975
Bought by
Perez Jose Antonio
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $202,000 | Enterpriee Title Agency | |
| Warranty Deed | $75,000 | Resource Title Agency | |
| Deed | $30,000 | Northern Title Agency | |
| Interfamily Deed Transfer | -- | Precision Title Agency | |
| Deed | $42,500 | -- | |
| Deed | $17,700 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $15,500 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $203,715 | VA | |
| Closed | $202,000 | VA | |
| Previous Owner | $120,500 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $72,400 | New Conventional | |
| Previous Owner | $12,934 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/05/2018 11/05/18 | Sold | $202,000 | +1.1% | $196 / Sq Ft |
| 08/23/2018 08/23/18 | Pending | -- | -- | -- |
| 08/17/2018 08/17/18 | For Sale | $199,900 | +166.5% | $194 / Sq Ft |
| 08/24/2017 08/24/17 | Sold | $75,000 | -16.6% | $73 / Sq Ft |
| 08/05/2017 08/05/17 | Pending | -- | -- | -- |
| 07/14/2017 07/14/17 | For Sale | $89,900 | -- | $87 / Sq Ft |
Source: MLS Now
Tax History Compared to Growth
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 | $4,566 | $89,250 | $18,830 | $70,420 |
| 2023 | $4,256 | $74,420 | $14,810 | $59,610 |
| 2022 | $4,293 | $74,410 | $14,810 | $59,610 |
| 2021 | $4,249 | $74,410 | $14,810 | $59,610 |
| 2020 | $5,176 | $58,590 | $11,660 | $46,940 |
| 2019 | $1,991 | $69,500 | $33,300 | $36,200 |
| 2018 | $1,984 | $24,330 | $11,660 | $12,670 |
| 2017 | $2,368 | $16,940 | $8,960 | $7,980 |
| 2016 | $1,421 | $16,940 | $8,960 | $7,980 |
| 2015 | $9,049 | $16,940 | $8,960 | $7,980 |
| 2014 | $6,765 | $13,900 | $7,350 | $6,550 |
Source: Public Records
Agents Affiliated with this Home
-
Sean Payton
-
Judie Crockett
Buyer's Agent in 2018
Judie Crockett
Howard Hanna
(440) 897-7879
3 in this area
1,428 Total Sales
-
Lisa Bilinski
Buyer Co-Listing Agent in 2018
Lisa Bilinski
Howard Hanna
(440) 974-7444
77 Total Sales
-
Kathleen Bassett
Seller's Agent in 2017
Kathleen Bassett
Shoreway Realty Group
(216) 469-5060
4 in this area
211 Total Sales
Map
Source: MLS Now
MLS Number: 3922794
APN: 002-35-087
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