NOT LISTED FOR SALE

2240 W 7th St Unit 4 Cleveland, OH 44113

Tremont Neighborhood

Estimated Value: $526,000 - $677,000

2 Beds
4 Baths
2,063 Sq Ft
$292/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $599,900 $291 Per Sq Ft

Current estimated payment $3,303/month

606 Days on Market

About This Home

As of February 2022

NOW UNDER CONSTRUCTION!!! Knez Homes is excited to present GALLERY 7 TOWNHOMES located in Tremont at W. 7th and Literary! This to be built 2 bedroom townhome (fee simple not condo) has 2 full baths and 2 half baths and a first floor office! It’s close to everything - take a walk to the many local restaurants, parks, and art galleries or take a short ride to anywhere around Cleveland. With nearly 2100 square feet, this home has exquisite finishes like the generous kitchen island with high end quartz countertops, beautiful hardwood floors, gorgeous master tiled shower with frameless glass door, modern fireplace, soaring ceilings, stunning black windows, entertaining room with wet bar, upgraded Azek paver rooftop deck with SPECTACULAR views of downtown Cleveland and attached two car garage! Invite your friends and family to relax with you and enjoy the FANTASTIC open concept living, dining and kitchen with chimney hood and microwave drawer right in the heart of Tremont. Knez builds to Energy Star standards so your new home is not only energy efficient but qualifies for the Cleveland's 15 year tax abatement! Be close to everything Cleveland has to offer while living in a quiet area - sporting venues, restaurants, breweries are just blocks away! Reserve one of these prestigious townhomes - there are only four to choose from!

Last Agent to Sell the Property

Carol Nagel

Carol Nagel, Inc. REALTORS License #2002001488 Listed on: 07/01/2019

Last Buyer's Agent

Ashley Garner

Berkshire Hathaway HomeServices Professional Realty License #2020007519

Berkshire Hathaway HomeServices Professional Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,404

Year Built

  • Built in 2020

Lot Details

  • 1,394

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,063 Sq Ft Home
  • 4-Story Property
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Car Direct Access Garage
  • Garage Drain
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Gallery 7 Townhomes Community

Listing and Financial Details

  • Assessor Parcel Number 004-16-148

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,404

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Attached
  • Style: Townhouse
  • Unit Location: End
  • Price Per Square Foot: 290.79
  • Estimated Price per Sq Ft: 290.79
  • Year Built Exception: Under Construction
  • Num Of Stories: 4.00
  • Total Sq Ft: 2063
  • Year Built: 2020
  • Geocode Confidence: Unknown
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 4
  • Year Built: 2020

Interior Features

  • Appliances Equipment: Dishwasher, Garbage Disposal, Microwave, Smoke Detector
  • Total Bedrooms: 2
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Half Bathrooms: 1
  • Room Count: 9
  • Sq Ft Approx Above Grade Finished: 2063.00
  • Sq Ft Approx Total Finished: 2063.00

Exterior Features

  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Access from Unit, Attached, Door Opener, Drain, Electric
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: GALLERY 7 TOWNHOMES

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 004-16-148

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2019
Closed on
Feb 24, 2022
Sold by
B R Knez Construction Inc
Bought by
Okwumabua Nkechiye Emily
Seller's Agent
Carol Nagel
Carol Nagel, Inc. REALTORS
Buyer's Agent
Ashley Garner
Berkshire Hathaway HomeServices Professional Realty
List Price
$599,900
Sold Price
$599,900
Current Estimated Value
$602,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,698
Avg. Annual Appreciation
0.12%
Original Mortgage
$479,920
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2019
Sold by
7Th & Literary Real Estate Ventures Llc
Bought by
B R Knez Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
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
Okwumabua Nkechiye Emily $599,900 Guardian Title
Okwumabua Nkechiye Emily -- New Title Company Name
B R Knez Construction Inc $400,000 Erie Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Okwumabua Nkechiye Emily $479,920
Previous Owner B R Knez Construction Inc $385,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2022 02/25/22 Sold $599,900 0.0% $291 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $599,900 0.0% $291 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
07/09/2020 07/09/20 Price Changed $599,900 +1.7% $291 / Sq Ft
03/02/2020 03/02/20 Price Changed $589,900 +3.5% $286 / Sq Ft
07/01/2019 07/01/19 For Sale $569,900 -- $276 / 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 $1,404 $209,965 $21,000 $188,965
2023 $1,628 $21,000 $21,000 $0
2022 $1,619 $209,970 $21,000 $188,970
2021 $962 $12,600 $12,600 $0
2020 $1,113 $12,600 $12,600 $0
2019 $1,031 $36,000 $36,000 $0
2018 $1,028 $12,600 $12,600 $0
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carol Nagel

    Seller's Agent in 2022

    Carol Nagel

    Carol Nagel, Inc. REALTORS

    (440) 336-3771

    6 in this area

    204 Total Sales

    Carol Nagel
    Section Image
  • Ashley Garner

    Buyer's Agent in 2022

    Ashley Garner

    Berkshire Hathaway HomeServices Professional Realty

    (440) 812-2742

    1 in this area

    6 Total Sales

    Ashley Garner
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4111464

MLS Now

APN: 004-16-148

Ohio Cuyahoga County Cleveland 44113 Tremont

2240 W 7th St Unit 4, Cleveland, OH

This home is located at 2240 W 7th St Unit 4, Cleveland, OH 44113 since 01 July 2019 and is currently estimated at $602,598, approximately $292 per square foot. This property was built in 2020. 2240 W 7th St Unit 4 is a home located in Cuyahoga County with nearby schools including Anton Grdina School, Almira Academy, and Bolton.

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