NOT LISTED FOR SALE

1880 W 48th St Cleveland, OH 44102

Detroit Shoreway Neighborhood

Estimated Value: $506,000 - $708,000

0.09 Acre
$7,494,147 Price per Acre
3,781 Sq Ft Lot

Last Sold June 22, 2022

Last sale price $70,000

Est. 785% increase in value since last sale

Current estimated payment $3,396/month

25 Days on Market

About This Lot

As of June 2022

Ohio City two-family buildable lot is located north of Bridge Ave and south of Franklin Ave. Rear alley access on 49th Place for future garage and parking (many Cleveland lots don’t have alley access). With renovated homes and new builds nearby, there are several great comparables to make getting a construction loan for your new home a breeze. Built in accordance with Cleveland Green Building standards and be eligible for the 15-year tax abatement for new construction homes. Close to Gordon Square, Hingetown. Within 5-10 minutes to Edgewater Beach, Tremont, The Flats, Whiskey Island, East 4th, and more. Dumpster and shed on the lot for home renovation next door.

Last Agent to Sell the Property

Damien Baden

EXP Realty, LLC. License #2007004205 Listed on: 04/21/2022

EXP Realty, LLC.

Last Buyer's Agent

Phillip Studmire

Century 21 Homestar License #2016003610

Century 21 Homestar

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $152

Lot Details

  • 3,781 Sq Ft Lot
  • Level Lot

Additional Features

  • City Views
  • City Lot

Community Details

  • Benedict & Roots Sub Community

Listing and Financial Details

  • Assessor Parcel Number 002-35-072

Property Details

Property Type

Land

Est. Annual Taxes

$152

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype: Residential
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City View
  • Frontage Feet: 30

Utilities

  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Benedict & Roots Sub

Schools

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

Lot Info

  • Lot Dimensions: 30*126
  • Lot Description: City Lot, Level/Flat
  • Lot Size Units: Acres
  • Acres: 0.0868
  • Topography: Cleared, Level
  • Parcel Number: 002-35-072

Multi Family

  • Number Of Lots: 1

Tax Info

  • Tax: 152

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
Jun 21, 2022
Sold by
Realty Done Llc
Bought by
Rea Scott and Rea Lisa
Seller's Agent
Damien Baden
EXP Realty, LLC.
Buyer's Agent
Phillip Studmire
Century 21 Homestar
List Price
$75,000
Sold Price
$70,000
Premium/Discount to List
-$5,000
-6.67%
Current Estimated Value
$619,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$549,797
Avg. Annual Appreciation
99.38%
Original Mortgage
$584,100
Outstanding Balance
$561,149
Interest Rate
5.1%
Mortgage Type
Construction
Estimated Equity
$54,133

Purchase Details

Closed on
Apr 1, 2022
Sold by
R2 Real Estate Investments Llc
Bought by
Realty Done Llc

Purchase Details

Listed on
Jan 14, 2021
Closed on
Feb 24, 2021
Sold by
Kirk Hayward Y and Kirk Bridgette E
Bought by
R2 Real Estate Investments Llc
Seller's Agent
Stacey Jones
Keller Williams Living
Buyer's Agent
TJ Carolin
Russell Real Estate Services
List Price
$49,000
Sold Price
$7,000
Premium/Discount to List
-$42,000
-85.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
173.43%

Purchase Details

Closed on
Jul 12, 2017
Sold by
Kirk Phyllis M
Bought by
Kirk Hayward Y and Kirk Bridgette E

Purchase Details

Closed on
Jun 20, 2002
Sold by
Estate Of Hayward Y Kirk Jr
Bought by
Kirk Phyllis M

Purchase Details

Closed on
Aug 14, 1992
Sold by
Clark Gladys L
Bought by
Cleveland City Of Lb92

Purchase Details

Closed on
Jan 1, 1975
Bought by
Clark Gladys L
Source: Public Records

Range of Values:

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
Rea Scott $70,000 Incze Norman E
Realty Done Llc $60,000 Miller Home Title
R2 Real Estate Investments Llc $7,000 Newman Title Agency
Kirk Hayward Y $4,800 None Available
Kirk Phyllis M -- --
Cleveland City Of Lb92 -- --
Clark Gladys L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rea Scott $584,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2022 06/22/22 Sold $70,000 -6.7% --
05/16/2022 05/16/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $75,000 +971.4% --
03/05/2021 03/05/21 Sold $7,000 -85.7% --
01/22/2021 01/22/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $49,000 -- --
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 $1,287 $217,000 $19,250 $197,750
2023 $435 $2,170 $2,170 $0
2022 $167 $2,170 $2,170 $0
2021 $166 $2,170 $2,170 $0
2020 $152 $1,720 $1,720 $0
2019 $141 $4,900 $4,900 $0
2018 $140 $1,720 $1,720 $0
2017 $145 $1,720 $1,720 $0
2016 $144 $1,720 $1,720 $0
2015 $145 $1,720 $1,720 $0
2014 $145 $1,720 $1,720 $0
Source: Public Records

Agents Affiliated with this Home

  • Damien Baden

    Seller's Agent in 2022

    Damien Baden

    EXP Realty, LLC.

    (440) 628-1321

    6 in this area

    96 Total Sales

    Section Image

  • P

    Buyer's Agent in 2022

    Phillip Studmire

    Century 21 Homestar

    (216) 952-5366

    1 in this area

    5 Total Sales

    Section Image
  • Stacey Jones

    Seller's Agent in 2021

    Stacey Jones

    Keller Williams Living

    (216) 577-5874

    2 in this area

    367 Total Sales

    Section Image
  • Michael Jones

    Seller Co-Listing Agent in 2021

    Michael Jones

    Keller Williams Living

    (216) 240-1147

    3 in this area

    303 Total Sales

    Section Image
  • TJ Carolin

    Buyer's Agent in 2021

    TJ Carolin

    Russell Real Estate Services

    (216) 570-8174

    4 in this area

    30 Total Sales

    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4366145

MLS Now

APN: 002-35-072

Ohio Cuyahoga County Cleveland 44102 Detroit Shoreway

1880 W 48th St, Cleveland, OH

This home is located at 1880 W 48th St, Cleveland, OH 44102 since 21 April 2022 and is currently estimated at $650,492. 1880 W 48th St is a home located in Cuyahoga County with nearby schools including Almira Academy, Anton Grdina School, and Benjamin Franklin.

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.

Nearby Homes