NOT LISTED FOR SALE

Estimated Value: $268,089

4 Beds
3.5 Baths
2,392 Sq Ft
$112/Sq Ft Est. Value

Last Sold December 11, 2023

Last sale price $225,000 $94 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,714/month

49 Days on Market

Highlights

  • Corner Lot
  • Partially Fenced Property
  • Wood Siding
  • Forced Air Heating System

About This Home

As of December 2023

Incredible investment opportunity in up and coming metro area. Property located within walking distance of newly funded and reconstructed Metro Health Glick Center and close proximity to the Cleveland Metroparks zoo. This unique rental boasts a retail shop which currently is occupied by a tattoo company with four chairs renting for $800/month (total) with a lease running through August 2026. Attached to retail shop is a duplex with a large one bedroom/one bathroom apartment with newly leased tenants ($900/month) signed through August 2025. Upstairs rental unit is a large 3 bedroom/ 2 bath bringing in $1000 a month (Attic is finished for additional sqft). Tenant is on a month to month lease making this a great potential owner occupied investment property or a terrific rental currently bringing in $2700 monthly! Easy access to I71, OH176, and I90. Schedule a showing today to see this great investment opportunity just minutes from downtown Cleveland, Cleveland State University, and Tremont/Ohio City!

Last Agent to Sell the Property

James Foley

Howard Hanna Brokerage Email: jamesfoley@howardhanna.com (440) 759-8471 License #2017001619 Listed on: 08/16/2023

Howard Hanna

Co-Listed By

Anthony Cannella

Howard Hanna Brokerage Email: jamesfoley@howardhanna.com (440) 759-8471 License #2021003711

Last Buyer's Agent

Jonothon Murchison

Keller Williams Greater Metropolitan License #2002015199

Keller Williams Greater Metropolitan

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,444

Year Built

  • Built in 1940

Lot Details

  • 3,716 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot

Parking

  • Paved Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2,392 Sq Ft Home
  • 2-Story Property
  • Basement

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 3 Units
  • Bush & Gates Allotment Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, trash collection, water
  • Assessor Parcel Number 015-24-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,444

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Triplex
  • Year Built: 1940
  • Attribution Contact: jamesfoley@howardhanna.com (440) 759-8471
  • ResoLotFeatures: Corner Lot
  • Co List Office Mls Id: 2804
  • Co List Office Phone: 440-835-2800
  • Subdivision Name: Bush & Gates Allotment
  • Above Grade Finished Sq Ft: 2392.0
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Triplex
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2

Exterior Features

  • Roof: Flat, Pitched
  • Fencing: Partial
  • Acres: 0.0853
  • Home Warranty: No
  • Construction Type: Brick, Wood Siding

Garage/Parking

  • Parking Features: Paved

Utilities

  • LaundryFeatures: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 015-24-013
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Gross Income: 2700.0
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2444.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2021
Sold by
West Ashley Rose and West Ashley
Bought by
Cle Bargains Llc
Current Estimated Value
$268,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Outstanding Balance
$7,764
Interest Rate
2.67%
Mortgage Type
Unknown
Estimated Equity
$243,641

Purchase Details

Closed on
Jun 19, 2018
Sold by
Nieves Gloria
Bought by
Garcia Miguel Angel

Purchase Details

Closed on
Jun 16, 2018
Sold by
Garcia Miguel Angel
Bought by
West Ashley Rose

Purchase Details

Closed on
Apr 8, 2003
Sold by
Garcia Saul
Bought by
Garcia Gloria

Purchase Details

Closed on
Oct 29, 1997
Sold by
Rimedio Vincent N
Bought by
Garcia Gloria and Garcia Saul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,100
Interest Rate
7.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 1976
Sold by
Rimedio James E and Rimedio Carmella
Bought by
Rimedio Vincent N

Purchase Details

Closed on
Jan 1, 1975
Bought by
Rimedio James E and Rimedio Carmella
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
Cle Bargains Llc $70,000 Maximum Title
Garcia Miguel Angel $70,900 None Available
West Ashley Rose $70,900 None Available
Garcia Gloria -- --
Garcia Gloria $69,000 --
Rimedio Vincent N -- --
Rimedio James E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cle Bargains Llc $55,000
Previous Owner A & S Petroleum Ltd $178,884
Previous Owner Garcia Gloria $62,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2023 12/11/23 Sold $225,000 -9.6% $94 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
09/20/2023 09/20/23 Price Changed $249,000 -4.2% $104 / Sq Ft
09/01/2023 09/01/23 Price Changed $259,900 -3.7% $109 / Sq Ft
08/28/2023 08/28/23 Price Changed $269,900 -1.9% $113 / Sq Ft
08/20/2023 08/20/23 Price Changed $274,999 0.0% $115 / Sq Ft
08/14/2023 08/14/23 For Sale $275,000 -- $115 / Sq Ft
Source: MLS Now (Howard Hanna)

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 $3,038 $29,435 $2,590 $26,845
2023 $3,197 $24,510 $2,840 $21,670
2022 $2,445 $24,500 $2,835 $21,665
2021 $2,452 $24,500 $2,840 $21,670
2020 $2,591 $24,920 $2,590 $22,330
2019 $2,439 $71,200 $7,400 $63,800
2018 $2,378 $24,920 $2,590 $22,330
2017 $2,521 $24,820 $4,590 $20,230
2016 $2,522 $24,820 $4,590 $20,230
2015 $2,854 $24,820 $4,590 $20,230
2014 $2,854 $28,220 $5,220 $23,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 4482910

MLS Now (Howard Hanna)

APN: 015-24-013