$1,710,000
SOLD MAR 31, 2025
8 Beds
-- Bath
4,186 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$409 Per Sq Ft

1% Above List Price

29 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Coin Laundry
  • Oakland Technical High School Rated A
  • 4 Car Garage
  • 3-minute walk to Eastshore Park

About This Home

As of March 2025

This 4-unit property in Cleveland Heights offers a compelling investment opportunity with four spacious 2-bedroom, 1.5-bath units, totaling 4,186 square feet. The modern amenities and generous living spaces are designed to attract high-quality tenants, making it a desirable option in a sought-after neighborhood. Each unit is spread across two stories and provides over 1,000 square feet of living space, ensuring plenty of room for tenants to enjoy comfortable living. With a total of $12,146 per month in estimated rental income, the property presents a strong cash flow for investors looking for stable returns.

Last Agent to Sell the Property

Jatin Mehta

Kite Hill Real Estate License #02045713 Listed on: 02/06/2025

Last Buyer's Agent

Jesse Jin

Nu Level Realty, Inc. License #02096336

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 8,083 Sq Ft Lot
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Back Yard

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Stucco

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Wood Flooring
  • 8 Bedrooms
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 2341841

Community Details

Overview

  • No Home Owners Association
  • 4,186 Sq Ft Building
  • Bridge Aor Association

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

8,083 Sq Ft Lot

Listing Details

  • Year Built: 1938
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Directions: Google Maps
  • Carport Y N: No
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Basement: None
  • Basement YN: No
  • Total Bedrooms: 8
  • Fireplace: No
  • Interior Amenities: Storage

Exterior Features

  • Lot Features: Regular, Paved
  • View: None
  • View: No
  • Construction Type: Stucco
  • Exterior Features: Back Yard

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage
  • Total Parking Spaces: 4

Utilities

  • Heating: Natural Gas
  • Utilities: Individual Electric Meter, Individual Gas Meter
  • Cooling: No Air Conditioning
  • Laundry Features: Coin Operated
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 8083
  • Parcel Number: 2341841
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2025
Closed on
Mar 25, 2025
Sold by
Taylor-Cline Revocable Family Trust and Francisco-Taylor Kamal Amir
Bought by
Thor Myhstad Revocable Trust and Myhrstad
Seller's Agent
Jatin Mehta
Kite Hill Real Estate
Buyer's Agent
Jesse Jin
Nu Level Realty, Inc.
List Price
$1,698,000
Sold Price
$1,710,000
Premium/Discount to List
$12,000
0.71%
Views
36
Current Estimated Value
$1,708,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,476
Avg. Annual Appreciation
-0.09%
Original Mortgage
$1,282,500
Outstanding Balance
$1,273,697
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$434,827

Purchase Details

Closed on
Dec 18, 2021
Sold by
Taylor Kamal and Cline Rheanna
Bought by
Taylor-Cline Revocable Family Trust and Francisco-Taylor

Purchase Details

Closed on
Dec 5, 2018
Sold by
Livi Francisco Elliott Karen S and Livi Karen S Francisco Elliott
Bought by
Taylor Kamal and Cline Rheanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$692,500
Interest Rate
3.95%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 27, 2007
Sold by
Francisco Karen S and Francisco Elliott Karen S
Bought by
Livi Francisco Elliott Karen S and Livi Karen S Francisco Elliott

Purchase Details

Closed on
Jan 30, 2007
Sold by
Francisco Karen S and Francisco Elliott Karen
Bought by
Francisco Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.17%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Grant Deed $1,710,000 Chicago Title
Deed -- None Listed On Document
Grant Deed $1,400,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,282,500 New Conventional
Previous Owner $692,500 Adjustable Rate Mortgage/ARM
Previous Owner $235,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2025 03/31/25 Sold $1,710,000 +0.7% $409 / Sq Ft
03/07/2025 03/07/25 Pending -- -- --
02/06/2025 02/06/25 For Sale $1,698,000 0.0% $406 / Sq Ft
02/04/2025 02/04/25 Off Market $2,595 -- --
04/08/2022 04/08/22 Rented $2,595 0.0% --
12/18/2021 12/18/21 For Rent $2,595 -- --
Source: bridgeMLS

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
2025 $23,211 $1,561,700 $468,510 $1,093,190
2024 $23,211 $1,531,081 $459,324 $1,071,757
2023 $24,381 $1,501,065 $450,319 $1,050,746
2022 $23,619 $1,471,637 $441,491 $1,030,146
2021 $22,496 $1,442,783 $432,835 $1,009,948
2020 $22,243 $1,428,000 $428,400 $999,600
2019 $21,344 $1,400,000 $420,000 $980,000
2018 $13,423 $439,124 $359,887 $79,237
2017 $7,611 $430,516 $352,832 $77,684
2016 $7,933 $422,076 $345,915 $76,161
2015 $10,251 $415,738 $340,721 $75,017
2014 $10,178 $407,595 $334,047 $73,548
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 41084862

bridgeMLS

APN: 023-0418-004-01

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