NOT LISTED FOR SALE

Estimated Value: $69,257 - $82,000

3 Beds
1.5 Baths
1,365 Sq Ft
$56/Sq Ft Est. Value

Last Sold October 25, 2024

Last sale price $72,100 $53 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $506/month

2 Days on Market

Highlights

  • Cape Cod Architecture
  • Forced Air Heating System
  • Front Yard
  • No HOA

About This Home

As of October 2024

Investor Special! This charming 3-bedroom Cape Cod is a fantastic opportunity for anyone looking to build wealth through real estate. Whether you're an investor seeking passive rental income or a savvy buyer interested in a fix-and-flip, this property offers immense potential. With its classic layout and spacious rooms, this home is primed for updates and improvements, allowing for substantial return on investment.

For the homebuyer with vision, this property could be the perfect canvas for a moderate rehab. It offers the opportunity to modernize and customize while adding significant value. The property's solid structure and great location make it an excellent candidate for those wanting to make this house a home.

Whether you're investing or planning to live in it, the possibilities are endless with this versatile property. Don?t miss out on this exceptional opportunity to create something special!

All offers will be considered!

Last Agent to Sell the Property

Quentin Woodall

EXP Realty, LLC. Brokerage Email: qwexprealty@gmail.com 216-688-8387 License #2023003962 Listed on: 09/27/2024

EXP Realty, LLC.

Co-Listed By

Amy Hoes

EXP Realty, LLC. Brokerage Email: qwexprealty@gmail.com 216-688-8387 License #2007005508

Last Buyer's Agent

Steven Nguyen

Keller Williams Greater Cleveland Northeast License #2024002409

Keller Williams Greater Cleveland Northeast

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 3,642 Sq Ft Lot
  • Front Yard

Parking

  • Driveway

Home Design

  • Cape Cod Architecture
  • Fixer Upper
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1.5 Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Rice Homes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 129-18-123

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1920
  • Attribution Contact: qwexprealty@gmail.com 216-688-8387
  • ResoLotFeatures: Front Yard
  • Reso View: None
  • Co List Office Phone: 866-212-4991
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Rice Homes
  • Reso Accessibility Features: None
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: No
  • Reso Interior Features: See Remarks
  • Unit Levels: Three Or More
  • Property Attached Yn: No
  • Reso Property Condition: Fixer
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Basement: Yes
  • Appliances: Dryer, Range, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1

Exterior Features

  • Roof: Asbestos Shingle
  • Acres: 0.0836
  • Pool Private: No
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: None

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 129-18-123
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2224.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2024
Closed on
Oct 23, 2024
Sold by
2922 E 118Th St Llc
Bought by
Summerhouse Projects Llc
Seller's Agent
Quentin Woodall
EXP Realty, LLC.
Buyer's Agent
Steven Nguyen
Keller Williams Greater Cleveland Northeast
List Price
$70,000
Sold Price
$72,100
Premium/Discount to List
$2,100
3%
Views
10
Current Estimated Value
$76,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,714
Avg. Annual Appreciation
6.54%
Original Mortgage
$19,920
Outstanding Balance
$19,436
Interest Rate
0.9%
Estimated Equity
$57,378

Purchase Details

Listed on
Jul 19, 2021
Closed on
Sep 2, 2021
Sold by
State Trustee Services Llc
Bought by
2922 E 118Th St Llc
Seller's Agent
Bradford Cavanaugh
AYS Realty
Buyer's Agent
Bradford Cavanaugh
AYS Realty
List Price
$64,990
Sold Price
$61,000
Premium/Discount to List
-$3,990
-6.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.45%

Purchase Details

Closed on
Mar 13, 2018
Sold by
Mann Dominic
Bought by
State Trustee Services Llc and 2922 East 118Th Street Land Trust

Purchase Details

Closed on
Feb 28, 2018
Sold by
Cuyahoga County Land Reutilization Corpo
Bought by
Mann Dominic

Purchase Details

Closed on
Jun 9, 2017
Sold by
Newskirt Crystal N and Cuyahoga County Treasurer
Bought by
Cuyahoga County Land Reutilization Corp

Purchase Details

Closed on
Jun 4, 2004
Sold by
Cresthaven Development Inc
Bought by
Newkirt Crystal N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,900
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2004
Sold by
Deutsche Bank National Trust Co
Bought by
Cresthaven Development Inc

Purchase Details

Closed on
Mar 27, 2000
Sold by
Agency Renovation Co and Dba Agency Homes Inc
Bought by
Garrett Sharlotte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
8.03%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 1, 1997
Sold by
Bank Of American
Bought by
Agency Renovation

Purchase Details

Closed on
May 28, 1997
Sold by
Sheriff Of Cuyahoga Coun
Bought by
Bank Of America

Purchase Details

Closed on
Jun 11, 1993
Sold by
Lee James L
Bought by
Adams Zeddie

Purchase Details

Closed on
Apr 26, 1989
Bought by
Lee James L

Purchase Details

Closed on
Jul 22, 1988
Sold by
Lewis Melvin
Bought by
Adm. Of Veterans Affairs

Purchase Details

Closed on
Mar 11, 1985
Sold by
Sera Ernest R and Sera Dorothy M
Bought by
Lewis Melvin

Purchase Details

Closed on
Jan 1, 1975
Bought by
Sera Ernest R and Sera Dorothy M
Source: Public Records

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
Summerhouse Projects Llc $72,100 Innovative Title
2922 E 118Th St Llc $61,000 Cleveland Home Title
State Trustee Services Llc $55,500 Mount Morris Title Agency
Mann Dominic -- Cuyahoga Title Services
Cuyahoga County Land Reutilization Corp -- None Available
Newkirt Crystal N $99,900 Equity Title Agency
Cresthaven Development Inc $16,000 Pulte Title Agency
Garrett Sharlotte $85,000 Guardian Title
Agency Renovation $15,400 --
Bank Of America $14,900 --
Adams Zeddie $14,000 --
Lee James L -- --
Adm. Of Veterans Affairs -- --
Lewis Melvin $23,900 --
Sera Ernest R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summerhouse Projects Llc $19,920
Closed Summerhouse Projects Llc $86,090
Previous Owner Newkirt Crystal N $89,900
Previous Owner Garrett Sharlotte $59,500
Closed Newkirt Crystal N $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2024 10/25/24 Sold $72,100 +3.0% $53 / Sq Ft
09/29/2024 09/29/24 Pending -- -- --
09/27/2024 09/27/24 For Sale $70,000 +14.8% $51 / Sq Ft
09/03/2021 09/03/21 Sold $61,000 +1.7% $28 / Sq Ft View Prior Sale
08/16/2021 08/16/21 Pending -- -- --
08/10/2021 08/10/21 Price Changed $59,990 -7.7% $28 / Sq Ft
07/19/2021 07/19/21 For Sale $64,990 -- $30 / 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 $1,236 $18,480 $3,430 $15,050
2023 $1,112 $14,350 $2,450 $11,900
2022 $1,106 $14,350 $2,450 $11,900
2021 $1,096 $14,350 $2,450 $11,900
2020 $1,086 $12,290 $2,100 $10,190
2019 $1,006 $35,100 $6,000 $29,100
2018 $515 $12,290 $2,100 $10,190
2017 $0 $0 $0 $0
2016 $1,227 $12,290 $2,100 $10,190
2015 $1,150 $12,290 $2,100 $10,190
2014 $1,150 $2,670 $2,350 $320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5073125

MLS Now

APN: 129-18-123