NOT LISTED FOR SALE

Estimated Value: $85,000 - $99,000

3 Beds
1.5 Baths
1,344 Sq Ft
$68/Sq Ft Est. Value

Last Sold September 26, 2021

Last sale price $60,000 $45 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $598/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • Forced Air Heating System
  • 2 Car Detached Garage

About This Home

As of September 2021

Turnkey opportunity to add to an investor's portfolio. Tenant currently under a lease until December 2021. Current rent $850/month. Tenant pays all utilities and maintains landscaping. Garage doesn't have an overhead door. Furnace (2019), hot water tank (2019), dimensional shingle roof. Vinyl windows throughout most of the home.

Last Agent to Sell the Property

Michael Ferrante

LPT Realty License #2019005741 Listed on: 07/27/2021

Co-Listed By

Erika Woodford

Century 21 Homestar License #2006000507

Last Buyer's Agent

Robert Ross

Russell Real Estate Services License #2020008275

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,081

Year Built

  • Built in 1918

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 40x200

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,344 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Mt Pleasant Sub/M S Melzers Community

Listing and Financial Details

  • Assessor Parcel Number 137-05-093

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,081

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • Price Per Square Foot: 44.64
  • Estimated Price per Sq Ft: 44.64
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1344
  • Year Built: 1918
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1918

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Room Count: 8
  • Basement Detail: Full
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1344.00
  • Sq Ft Approx Total Finished: 1344.00

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Exterior Features: Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Mt Pleasant Sub/M S Melzers

Schools

  • School District: Cleveland Municipal

Lot Info

  • Lot Dimensions: 40x200
  • Lot Size Units: Acres
  • Acres: 0.1800
  • Parcel Number: 137-05-093

Tax Info

  • Tax: 1081

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Sep 16, 2021
Sold by
Olaofe Olatunde and Olaofe Tunde J
Bought by
Iwuagwu Obinna
Seller's Agent
Michael Ferrante
LPT Realty
Buyer's Agent
Robert Ross
Russell Real Estate Services
List Price
$55,000
Sold Price
$60,000
Premium/Discount to List
$5,000
9.09%
Current Estimated Value
$91,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,426
Avg. Annual Appreciation
10.32%
Original Mortgage
$51,000
Outstanding Balance
$46,406
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$45,020

Purchase Details

Closed on
Mar 17, 2008
Sold by
Fannie Mae
Bought by
Sanford Junis and Olaofe Olatunde J

Purchase Details

Closed on
Oct 4, 2007
Sold by
Reed Edith L and Cuyahoga County Treasurer
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 29, 2002
Sold by
Reed Gary W
Bought by
Reed Edith L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.93%

Purchase Details

Closed on
Apr 29, 1987
Sold by
Reed Mary L
Bought by
Reed Gary W

Purchase Details

Closed on
Mar 26, 1986
Sold by
Reed Jimmie L and Reed Mary
Bought by
Reed Mary L

Purchase Details

Closed on
Jan 1, 1975
Bought by
Reed Jimmie L and Reed Mary
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Iwuagwu Obinna $60,000 Harvard Title
Sanford Junis $15,000 Accutitle Agency Inc
Federal National Mortgage Association $33,334 Attorney
Reed Edith L $75,000 --
Reed Gary W $28,000 --
Reed Mary L -- --
Reed Jimmie L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iwuagwu Obinna $51,000
Previous Owner Reed Edith L $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2021 09/26/21 Sold $60,000 +9.1% $45 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $55,000 -- $41 / 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 $1,439 $21,945 $4,270 $17,675
2023 $1,052 $13,870 $2,980 $10,890
2022 $1,046 $13,860 $2,980 $10,890
2021 $1,059 $13,860 $2,980 $10,890
2020 $1,055 $11,940 $2,560 $9,380
2019 $977 $34,100 $7,300 $26,800
2018 $487 $11,940 $2,560 $9,380
2017 $663 $7,840 $2,450 $5,390
2016 $1,531 $7,840 $2,450 $5,390
2015 $660 $7,840 $2,450 $5,390
2014 $660 $7,840 $2,450 $5,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4302389

MLS Now

APN: 137-05-093