NOT LISTED FOR SALE

318 E 248th St Euclid, OH 44123

Estimated Value: $128,277 - $140,000

3 Beds
1 Bath
1,116 Sq Ft
$121/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $120,000 $108 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $944/month

1 Day on Market

Highlights

  • Cape Cod Architecture
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of December 2023

Tenant occupied investment property. Single family cape cod home with 3 bedrooms, 1 bath, full basement, detached 2-car garage. Professional property management in place and willing to stay on

Last Agent to Sell the Property

Mike Azzam

RE/MAX Haven Realty Brokerage Email: mike@theazzamgroup.com (216) 232-2187 License #2014004734 Listed on: 11/30/2023

RE/MAX Haven Realty

Last Buyer's Agent

Mike Azzam

RE/MAX Haven Realty Brokerage Email: mike@theazzamgroup.com (216) 232-2187 License #2014004734 Listed on: 11/30/2023

RE/MAX Haven Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,198

Year Built

  • Built in 1956

Lot Details

  • 5,602 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,116 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

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

Utilities

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

Community Details

  • No Home Owners Association
  • Helper & Cody Realty Companys Subdivision

Listing and Financial Details

  • Assessor Parcel Number 644-18-035

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,198

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1956
  • Attribution Contact: mike@theazzamgroup.com (216) 232-2187
  • Subdivision Name: Helper & Cody Realty Companys
  • Above Grade Finished Sq Ft: 1116.0
  • Architectural Style: Cape Cod
  • 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

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

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.1286
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Vinyl Siding

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: Euclid CSD - 1813

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 644-18-035
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2198.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2023
Closed on
Dec 28, 2023
Sold by
Heloc Home Services Llc
Bought by
Drexel Enterprises Llc
Seller's Agent
Mike Azzam
RE/MAX Haven Realty
Buyer's Agent
Mike Azzam
RE/MAX Haven Realty
List Price
$127,500
Sold Price
$120,000
Premium/Discount to List
-$7,500
-5.88%
Views
13
Current Estimated Value
$135,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,319
Avg. Annual Appreciation
6.79%

Purchase Details

Closed on
Oct 31, 2022
Sold by
Heloc Home Services Llc
Bought by
Bhatia Sapna

Purchase Details

Listed on
Feb 25, 2022
Closed on
Feb 4, 2022
Sold by
Man Lau
Bought by
Heloc Home Services Llc
Seller's Agent
David Terbeek
RE/MAX Haven Realty
Buyer's Agent
Mike Azzam
RE/MAX Haven Realty
Sold Price
$1,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%
Original Mortgage
$80,500
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2018
Sold by
Cleveland Property Investments Llc
Bought by
Lau Man

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
4.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 6, 2018
Sold by
Milican Julia F
Bought by
Cleveland Property Investment Llc

Purchase Details

Closed on
Nov 14, 1980
Sold by
Milican Michael T and Milican Julia F
Bought by
Milican Julia F

Purchase Details

Closed on
Jan 1, 1975
Bought by
Milican Michael T and Milican Julia F
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Drexel Enterprises Llc $120,000 Chicago Title
Bhatia Sapna -- Fairmount Title
Heloc Home Services Llc $115,000 Titleco Title Agency
Lau Man $72,000 Terra Blue Title
Cleveland Property Investment Llc $27,200 Terra Blue Title
Milican Julia F -- --
Milican Michael T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heloc Home Services Llc $80,500
Previous Owner Lau Man $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2023 12/29/23 Sold $120,000 -5.9% $108 / Sq Ft
12/01/2023 12/01/23 Pending -- -- --
11/30/2023 11/30/23 For Sale $127,500 0.0% $114 / Sq Ft
03/25/2022 03/25/22 Rented $1,150 0.0% --
02/25/2022 02/25/22 For Rent $1,150 0.0% --
02/18/2022 02/18/22 Sold $115,000 0.0% $103 / Sq Ft View Prior Sale
12/30/2021 12/30/21 Pending -- -- --
12/30/2021 12/30/21 For Sale $115,000 -- $103 / 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 $2,794 $39,655 $8,330 $31,325
2023 $2,288 $25,630 $6,060 $19,570
2022 $2,198 $25,620 $6,060 $19,570
2021 $2,447 $25,620 $6,060 $19,570
2020 $2,482 $23,730 $5,600 $18,130
2019 $2,230 $67,800 $16,000 $51,800
2018 $2,234 $23,730 $5,600 $18,130
2017 $2,349 $20,690 $4,520 $16,170
2016 $2,354 $20,690 $4,520 $16,170
2015 $2,144 $20,690 $4,520 $16,170
2014 $2,144 $20,690 $4,520 $16,170
Source: Public Records

Agents Affiliated with this Home

  • Mike Azzam

    Seller's Agent in 2023

    Mike Azzam

    RE/MAX

    (216) 456-3855

    250 in this area

    1,979 Total Sales

    Mike Azzam
    Section Image
  • David Terbeek

    Seller's Agent in 2022

    David Terbeek

    RE/MAX

    (440) 462-9453

    2 in this area

    13 Total Sales

    David Terbeek
    Section Image
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Map

Source: MLS Now

MLS Number: 4507680

MLS Now

APN: 644-18-035

Ohio Cuyahoga County Euclid 44123

318 E 248th St, Euclid, OH

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