Seller's Agent in 2025
Michael Ferrante
Inactive Agent
(216) 373-7727
9 in this area
1,515 Total Sales
3229 E 48th St Cleveland, OH 44127
North Broadway Neighborhood
3
Beds
1
Bath
1,075
Sq Ft
3,528
Sq Ft Lot
Highlights
- City View
- No HOA
- Storage
- Cape Cod Architecture
- Front Porch
- Forced Air Heating System
About This Home
As of April 2025This 3-bedroom, 1-bathroom single family home is a great investment opportunity! Currently tenant occupied, the property generates $800/month in rent,with the lease in place until October 2025. The home needs some TLC but has great potential with the right updates. Don't miss this chance to add a solid rental property to your portfolio.
Last Agent to Sell the Property
Inactive Agent Brokerage Email: info@21mike.com 216-373-7727 License #2019005741 Listed on: 03/07/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $821
Year Built
- Built in 1906
Lot Details
- 3,528 Sq Ft Lot
- Northwest Facing Home
- Fenced
- Back Yard
Parking
- Driveway
Home Design
- Cape Cod Architecture
- Brick Foundation
- Asphalt Roof
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 1,075 Sq Ft Home
- 1.5-Story Property
- Blinds
- Storage
- City Views
- Unfinished Basement
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- 1 Full Bathroom
Outdoor Features
- Front Porch
Utilities
- No Cooling
- Forced Air Heating System
Community Details
- No Home Owners Association
- No Laundry Facilities
Listing and Financial Details
- Assessor Parcel Number 131-19-069
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 7, 2025
Closed on
Apr 2, 2025
Sold by
Optimus Development And Marketing Llc
Bought by
Rivera Nicholas
Seller's Agent
Michael Ferrante
Inactive Agent
Buyer's Agent
Rob Rogers
Howard Hanna
List Price
$40,000
Sold Price
$40,000
Views
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,979
Avg. Annual Appreciation
17.18%
Purchase Details
Closed on
Oct 10, 2023
Sold by
Rand Corporation Inc
Bought by
Optimus Development And Marketing Llc
Purchase Details
Closed on
Jul 14, 2008
Sold by
Christina Bank & Trust Co
Bought by
Rand Corp Inc
Purchase Details
Closed on
Jun 9, 2008
Sold by
West Marvin
Bought by
Christian Bank & Trust Co
Purchase Details
Closed on
Oct 13, 2005
Sold by
Santiago Maria and Santiago Ramon A
Bought by
West Marvin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,400
Interest Rate
5.82%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jul 27, 2004
Sold by
Santiago Ramon A and Santiago Maria M
Bought by
Dandrea Marisol and Dandrea Anthony
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.4%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Aug 28, 1989
Sold by
Naletelich Anna
Bought by
Santiago Ramon A
Purchase Details
Closed on
Jan 1, 1975
Bought by
Naletelich Anna
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $40,000 | Titleco Title | |
| Quit Claim Deed | $125,000 | None Listed On Document | |
| Limited Warranty Deed | $5,000 | Attorney | |
| Sheriffs Deed | $26,667 | Attorney | |
| Warranty Deed | $85,000 | Public | |
| Land Contract | $45,000 | -- | |
| Deed | $6,000 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $71,400 | Fannie Mae Freddie Mac | |
| Previous Owner | $45,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/08/2025 04/08/25 | Sold | $40,000 | 0.0% | $37 / Sq Ft |
| 03/13/2025 03/13/25 | Pending | -- | -- | -- |
| 03/07/2025 03/07/25 | For Sale | $40,000 | -- | $37 / Sq Ft |
Source: MLS Now
Tax History Compared to Growth
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 | $800 | $11,970 | $2,660 | $9,310 |
| 2023 | $1,626 | $7,390 | $1,790 | $5,600 |
| 2022 | $570 | $7,385 | $1,785 | $5,600 |
| 2021 | $2,132 | $7,390 | $1,790 | $5,600 |
| 2020 | $572 | $6,480 | $1,580 | $4,900 |
| 2019 | $1,264 | $18,500 | $4,500 | $14,000 |
| 2018 | $2,153 | $6,480 | $1,580 | $4,900 |
| 2017 | $610 | $7,220 | $1,510 | $5,710 |
| 2016 | $1,160 | $7,220 | $1,510 | $5,710 |
| 2015 | $1,627 | $7,220 | $1,510 | $5,710 |
| 2014 | $1,627 | $7,220 | $1,510 | $5,710 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Ferrante
-
Rob Rogers
R
Buyer's Agent in 2025
Rob Rogers
Howard Hanna
(440) 341-9800
4 in this area
761 Total Sales
-
Sarah Forcht
Buyer Co-Listing Agent in 2025
Sarah Forcht
Realtown Realty LLC
(216) 903-0260
2 in this area
20 Total Sales
Map
Source: MLS Now
MLS Number: 5105005
APN: 131-19-069
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