NOT LISTED FOR SALE

2340 Loyola Rd University Heights, OH 44118

Estimated Value: $278,000 - $448,000

4 Beds
2.5 Baths
2,760 Sq Ft
$142/Sq Ft Est. Value

Last Sold October 18, 2023

Last sale price $160,000 $58 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $2,803/month

3 Days on Market

Highlights

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

About This Home

As of October 2023

Amazing investor opportunity on a very desirable block in University Heights. This home is being sold in As-is condition. It is a bit of a fixer upper and the income potential for this area is fabulous. Great area for rentals or Air BNBs or transform it into your own home! Buyer to assume the POS.
Grab this opportunity before it is gone!

Last Agent to Sell the Property

Etty Cusner

RE/MAX Traditions Brokerage Email: ecusner@gmail.com (917) 841-6557 License #2013003877 Listed on: 09/08/2023

RE/MAX Traditions

Last Buyer's Agent

Vlad Lyner

Acacia Realty, LLC. License #426336

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 7,000 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2.5 Bathrooms

Utilities

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

Community Details

  • No Home Owners Association
  • Rapid Transit Land Sales Compa Subdivision

Listing and Financial Details

  • Assessor Parcel Number 721-10-040

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1950
  • Attribution Contact: ecusner@gmail.com (917) 841-6557
  • Subdivision Name: Rapid Transit Land Sales Compa
  • Above Grade Finished Sq Ft: 1848.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 912.0
  • Main Level Bathrooms: 1
  • Stories: 2

Exterior Features

  • Roof: Other, Slate
  • Acres: 0.1607
  • Home Warranty: No
  • Construction Type: Brick

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Cleveland Hts-Univer - 1810

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 721-10-040
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10468.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2024
Sold by
Solaris Inc
Bought by
Jankowski Robert and Jankowski Jane
Current Estimated Value
$393,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,000
Outstanding Balance
$416,124
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
-$25,916

Purchase Details

Listed on
Sep 8, 2023
Closed on
Oct 17, 2023
Sold by
Bein Bella H
Bought by
Solaris Inc
Seller's Agent
Etty Cusner
RE/MAX Traditions
Buyer's Agent
Vlad Lyner
Acacia Realty, LLC.
List Price
$172,000
Sold Price
$160,000
Premium/Discount to List
-$12,000
-6.98%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.55%
Original Mortgage
$281,300
Interest Rate
7.12%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 14, 2019
Sold by
Bein Ester J
Bought by
2340 Loyola Road Llc

Purchase Details

Closed on
Jun 10, 1981
Sold by
Zeaman Edward
Bought by
Bein Esther J

Purchase Details

Closed on
Sep 20, 1979
Sold by
Zeaman Edward and Zeaman Marjorie
Bought by
Zeaman Edward

Purchase Details

Closed on
Jan 1, 1975
Bought by
Zeaman Edward and Zeaman Marjorie
Source: Public Records

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Range of Values:

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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
Jankowski Robert $419,000 Fast Tract Title
Solaris Inc $160,000 Fast Tract Title
2340 Loyola Road Llc -- None Available
Bein Esther J $85,800 --
Zeaman Edward -- --
Zeaman Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jankowski Robert $419,000
Previous Owner Solaris Inc $281,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2023 10/18/23 Sold $160,000 -7.0% $58 / Sq Ft
09/11/2023 09/11/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $172,000 -- $62 / 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 $7,360 $83,895 $18,725 $65,170
2023 $8,220 $69,970 $14,250 $55,720
2022 $10,468 $69,965 $14,245 $55,720
2021 $7,643 $69,970 $14,250 $55,720
2020 $7,542 $62,440 $12,710 $49,740
2019 $6,975 $178,400 $36,300 $142,100
2018 $6,978 $62,440 $12,710 $49,740
2017 $6,937 $57,750 $12,040 $45,710
2016 $6,848 $57,750 $12,040 $45,710
2015 -- $57,750 $12,040 $45,710
2014 -- $56,640 $11,800 $44,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4488576

MLS Now

APN: 721-10-040