NOT LISTED FOR SALE

287 E 248th St Euclid, OH 44123

Estimated Value: $108,000 - $163,000

3 Beds
1 Bath
1,151 Sq Ft
$111/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $110,000 $96 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $939/month

151 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Forced Air Heating System
  • 1 Fireplace
  • 2 Car Detached Garage

About This Home

As of August 2024

Well maintained, move in ready Euclid Cape Cod with 3 bedrooms, 1 bathroom, and a 2 car detached garage. Vacant and rent ready at ~$1,300/month market rents. Suitable for owner occupants, or can be marketed for tenants during the closing period for instant cash flow from day 1. The home will be delivered fully POS compliant. This low maintenance turnkey property is the perfect portfolio builder for investors who are looking to sit back and collect the rent checks. No seller financing. No wholesalers. Offers with assignment clauses will be rejected. See broker remarks or email broker for a video walk through of the property.

Last Listed By

C. Timothy Murphy

CTM Organization LLC Brokerage Email: 440-941-3846 tim@tim-murphy.org License #2020007798 Listed on: 02/29/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,569

Year Built

  • Built in 1925

Lot Details

  • 7,000 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Fiberglass Roof
  • Asphalt Roof

Interior Spaces

  • 1.5-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Beachview Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 644-18-070

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,569

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1925
  • Attribution Contact: 440-941-3846 tim@tim-murphy.org
  • Subdivision Name: Beachview Sub
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Tax Year: 2021
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.1607
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Unknown

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Euclid CSD - 1813

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 644-18-070
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2569.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Aug 22, 2024
Sold by
Cca Investments Ohio Llc
Bought by
Wilkinson John Joseph and Mcmanus Catherine Alison
Seller's Agent
C. Timothy Murphy
CTM Organization LLC
Buyer's Agent
Alicia Barton
Keller Williams Living
List Price
$120,000
Sold Price
$110,000
Premium/Discount to List
-$10,000
-8.33%
Total Days on Market
151
Views
399
Current Estimated Value
$127,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,633
Avg. Annual Appreciation
23.66%

Purchase Details

Closed on
May 28, 2021
Sold by
75 Dewhurst Llc
Bought by
Cca Investments Ohio Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,800
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 18, 2018
Closed on
Jul 20, 2018
Sold by
Diamond Property Group Llc
Bought by
75 Dewhurst Llc
Seller's Agent
Marian Hoageson
Deleted Agent
Buyer's Agent
Marian Hoageson
Deleted Agent
List Price
$30,000
Sold Price
$27,000
Premium/Discount to List
-$3,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.45%
Original Mortgage
$52,900
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 18, 2018
Closed on
Jun 28, 2018
Sold by
Rubertino Janice and Gonso Family Irrevocable Trust
Bought by
Diamond Property Group Llc
Seller's Agent
Marian Hoageson
Deleted Agent
Buyer's Agent
Marian Hoageson
Deleted Agent
List Price
$30,000
Sold Price
$27,000
Premium/Discount to List
-$3,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,900
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
May 8, 2014
Sold by
Gonso Charles F and Gonso Letha M
Bought by
Rupertino Janice

Purchase Details

Closed on
Jun 22, 1988
Sold by
Gonso Letha M
Bought by
Gonso Charles F

Purchase Details

Closed on
Jan 1, 1975
Bought by
Gonso Letha M

Range of Values:

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Average Value
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List Price
Sold Price
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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
Wilkinson John Joseph $110,000 Chicago Title
Cca Investments Ohio Llc -- New Title Company Name
75 Dewhurst Llc $47,000 Innovative Title & Escrow Sv
Diamond Property Group Llc $27,000 Innovative Title & Escrow Sv
Rupertino Janice -- Attorney
Gonso Charles F -- --
Gonso Letha M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cca Investments Ohio Llc $264,800
Previous Owner 75 Dewhurst Llc $52,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $110,000 -6.8% $96 / Sq Ft
07/30/2024 07/30/24 Pending -- -- --
06/28/2024 06/28/24 Price Changed $118,000 -1.7% $103 / Sq Ft
02/29/2024 02/29/24 For Sale $120,000 0.0% $104 / Sq Ft
06/10/2020 06/10/20 Rented $800 0.0% --
05/12/2020 05/12/20 Under Contract -- -- --
05/04/2020 05/04/20 For Rent $800 0.0% --
02/04/2019 02/04/19 Rented $800 0.0% --
01/11/2019 01/11/19 Under Contract -- -- --
11/16/2018 11/16/18 Price Changed $800 -8.6% $1 / Sq Ft
10/17/2018 10/17/18 For Rent $875 0.0% --
06/29/2018 06/29/18 Sold $27,000 -10.0% $23 / Sq Ft
06/20/2018 06/20/18 Pending -- -- --
06/18/2018 06/18/18 For Sale $30,000 -- $26 / 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 $2,771 $39,270 $9,275 $29,995
2023 $2,622 $26,880 $6,720 $20,160
2022 $2,569 $26,880 $6,720 $20,160
2021 $2,610 $26,880 $6,720 $20,160
2020 $2,800 $24,890 $6,230 $18,660
2019 $2,385 $71,100 $17,800 $53,300
2018 $1,478 $24,890 $6,230 $18,660
2017 $1,491 $21,390 $5,040 $16,350
2016 $2,486 $21,390 $5,040 $16,350
2015 $1,365 $21,390 $5,040 $16,350
2014 $1,365 $21,390 $5,040 $16,350
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Now

MLS Number: 5020820

MLS Now

APN: 644-18-070