Marty Emerman
Keller Williams Greater Metropolitan
(440) 485-3380
135 Total Sales
1 in Little Italy
$395,000 Price
1955 E 120th St Cleveland, OH 44106
Little Italy Neighborhood
6
Beds
3
Baths
2,498
Sq Ft
3,999
Sq Ft Lot
About This Home
As of August 2024Welcome to this rare opportunity in the heart of Cleveland's Historic Little Italy Neighborhood. This income generating Multi-Family home features Three 2 Bedroom 1 Bath units, all with spacious kitchens, bedrooms, on-site laundry in the basement and a recently added separate laundry area for the top unit. This highly desirable location is in close proximity to University Circle, Case Western Reserve University, University Hospitals, Cleveland Clinic, museums, wonderful restaurants, shopping, and so much more. RECENT UPDATES include: front roof replaced (2015), back roof replaced (2022), new water tanks in all units (2023), new water line and electric added for third unit to have own laundry room (2024), updated flooring throughout (2023), and kitchen cabinets and appliances replaced in unit 1 and 3 (2023), and much more! This 10% CAP Rate triplex is an ideal addition to any investors portfolio. Call today with any questions, or to schedule a private tour!
Last Agent to Sell the Property
Engel & Völkers Distinct Brokerage Email: 440-568-0400 cleveland@evrealestate.com License #2019002296 Listed on: 04/16/2024
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,330
Year Built
- Built in 1900
Lot Details
- 3,999 Sq Ft Lot
Parking
- Driveway
Home Design
- Triplex
- Fiberglass Roof
- Asphalt Roof
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 2,498 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Fire and Smoke Detector
Kitchen
- Range
- Microwave
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry on lower level
- Dryer
- Washer
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- Knight Subdivision
Listing and Financial Details
- Assessor Parcel Number 120-30-086
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 16, 2024
Closed on
Aug 14, 2024
Sold by
Bought by
Seller's Agent
Adam Zimmerman
Engel & Völkers Distinct
Buyer's Agent
Mandria Aceto
Realuxe Ohio
List Price
$499,900
Sold Price
$480,000
Premium/Discount to List
-$19,900
-3.98%
Views
63
Purchase Details
Closed on
Jun 8, 2023
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 28, 2006
Sold by
Bought by
Purchase Details
Closed on
Dec 17, 1997
Sold by
Bought by
Purchase Details
Closed on
May 3, 1990
Sold by
Bought by
Purchase Details
Closed on
Mar 26, 1985
Sold by
Bought by
Purchase Details
Closed on
Jan 1, 1975
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Little Italy, OH
-
Marty Emerman
-
Torry McJunkins
Torry McJunkins
EXP Realty, LLC.
(216) 859-1852
182 Total Sales
1 in Little Italy
$390,000 Price
-
Karen Eagle
Karen Eagle
Elite Sotheby's International Realty
(216) 606-8158
352 Total Sales
1 in Little Italy
$375,000 Price
-
Seth Task
Seth Task
Berkshire Hathaway HomeServices Professional Realty
(216) 284-6425
486 Total Sales
1 in Little Italy
$575,000 Price
-
Brian Cantrall
Brian Cantrall
Chestnut Hill Realty, Inc.
(216) 284-8688
103 Total Sales
1 in Little Italy
$390,000 Price
-
Amanda Pohlman
Amanda Pohlman
Keller Williams Living
(216) 369-4996
1,023 Total Sales
3 in Little Italy
$355K - $475K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $480,000 | Coastal Title | ||
| $260,000 | Enterprise Title | ||
| -- | Action Title | ||
| $25,000 | -- | ||
| $55,000 | -- | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $367,500 | ||
| Previous Owner | $208,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/16/2024 08/16/24 | Sold | $480,000 | -4.0% | $192 / Sq Ft |
| 07/11/2024 07/11/24 | Pending | -- | -- | -- |
| 06/27/2024 06/27/24 | For Sale | $499,900 | 0.0% | $200 / Sq Ft |
| 06/12/2024 06/12/24 | Pending | -- | -- | -- |
| 04/16/2024 04/16/24 | For Sale | $499,900 | -- | $200 / Sq Ft |
Source: MLS Now
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $6,087 | $91,000 | $19,110 | $71,890 |
| 2024 | $6,085 | $91,000 | $19,110 | $71,890 |
| 2023 | $4,330 | $55,860 | $15,540 | $40,320 |
| 2022 | $4,306 | $55,860 | $15,540 | $40,320 |
| 2021 | $4,266 | $55,860 | $15,540 | $40,320 |
| 2020 | $4,486 | $50,790 | $14,140 | $36,650 |
| 2019 | $4,155 | $145,100 | $40,400 | $104,700 |
| 2018 | $3,154 | $50,790 | $14,140 | $36,650 |
| 2017 | $2,185 | $25,840 | $11,660 | $14,180 |
| 2016 | $2,168 | $25,840 | $11,660 | $14,180 |
| 2015 | $1,784 | $25,840 | $11,660 | $14,180 |
| 2014 | $1,784 | $21,180 | $9,560 | $11,620 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Zimmerman
A
Seller's Agent in 2024
Adam Zimmerman
Engel & Völkers Distinct
(216) 513-2728
7 in this area
185 Total Sales
-
Mandria Aceto
Buyer's Agent in 2024
Mandria Aceto
Realuxe Ohio
(440) 341-2878
3 in this area
61 Total Sales
Map
Source: MLS Now
MLS Number: 5029536
APN: 120-30-086
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.
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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