NOT LISTED FOR SALE

Estimated Value: $244,269 - $335,000

3 Beds
2 Baths
1,828 Sq Ft
828 Sq Ft Lot

Last Sold October 08, 2015

Last sale price $171,000 $94 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,947/month

Highlights

  • City View
  • Forced Air Heating and Cooling System
  • East Facing Home
  • 2 Car Attached Garage

About This Home

As of June 2024

Now available! Welcome to your dream loft in Cleveland's vibrant Midtown neighborhood! This fabulous unit, nestled within a converted building, boasts an abundance of charm and modern amenities. Step inside to discover an expansive living space illuminated by newer, oversized windows that flood the room with natural light. Gleaming hardwood floors and soaring 12-foot ceilings create an atmosphere of sophistication and luxury. Where else around downtown can you find so much SPACE in a living area! Room for the largest of gatherings, a dance floor, yoga class, multiple lounging areas…. the possibilities are unreal. The kitchen is a chef's delight, featuring full package of stainless appliances that perfectly complement the sleek design. This unit offers THREE bedrooms with ample closet space and tiled bathrooms with tub shower combos. In-suite laundry is so convenient! Parking is a breeze with two attached garage spaces equipped with a hydraulic lift. Outside, indulge in urban relaxation on the community deck furnished with seating and grills, perfect for enjoying the city skyline. Conveniently located within walking distance to CSU and Downtown, and just a quick commute to Case, the Clinic and UH, this property offers the ideal blend of urban living and modern comfort. Explore the neighborhood's eclectic mix of galleries, restaurants, and hidden gems, making every day an adventure. Don't miss out on this rare opportunity – schedule your showing today and make this urban oasis your own!

Last Agent to Rent the Property

Allie Carr

Berkshire Hathaway HomeServices Professional Realty Brokerage Email: acarr@BHHSpro.com 216-952-8884 License #2014001370 Listed on: 03/12/2024

Berkshire Hathaway HomeServices Professional Realty

Last Renter's Agent

Courtney Calvillo

Berkshire Hathaway HomeServices Professional Realty License #2019000884

Berkshire Hathaway HomeServices Professional Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,264

Year Built

  • Built in 1922

Lot Details

  • East Facing Home

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Assigned Parking

Interior Spaces

  • 1,828 Sq Ft Home
  • 1-Story Property
  • City Views
  • Partial Basement
  • Laundry in unit

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 102-37-306

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Payne Ave Lofts Subdivision
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,264

Year Built

Built in 1922

Lot Details

0

Parking

2

Rental Info

  • PetsAllowed: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Subtype: Condominium
  • Year Built: 1922
  • Attribution Contact: acarr@BHHSpro.com 216-952-8884
  • Reso View: City
  • ResoSecurityFeatures: Smoke Detector(s)
  • Subdivision Name: Payne Ave Lofts
  • Above Grade Finished Sq Ft: 1828.0
  • Reso Accessibility Features: None
  • Architectural Style: Other
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: Yes
  • Reso Interior Features: Elevator
  • Unit Levels: One
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: Common Basement, Partial
  • Basement: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Stories: 1
  • Stories: 3

Exterior Features

  • Pool Private: No
  • View: Yes
  • Waterfront: No
  • Direction Faces: East

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Attached, Drain, Garage, Garage Door Opener, Heated Garage, Paved

Utilities

  • LaundryFeatures: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 102-37-306
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2014
Closed on
Oct 6, 2015
Sold by
Brown Ross W and Luo Tianqi
Bought by
Fahoum Luna
Seller's Agent
Beth Paskin
Progressive Urban Real Estate Co
Buyer's Agent
Mary Hromyko
Progressive Urban Real Estate Co
List Price
$189,000
Sold Price
$171,000
Premium/Discount to List
-$18,000
-9.52%
Current Estimated Value
$288,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,317
Avg. Annual Appreciation
5.54%
Original Mortgage
$136,000
Outstanding Balance
$108,318
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$182,285

Purchase Details

Closed on
Feb 10, 2006
Sold by
Payne Avenue Properties Llc
Bought by
Brown Ross W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.3%
Mortgage Type
Fannie Mae Freddie Mac
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
Fahoum Luna $171,000 Ohio Real Title
Brown Ross W $170,000 Surey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fahoum Luna $136,000
Previous Owner Brown Ross W $105,000
Previous Owner Brown Ross W $170,000
Previous Owner Payne Avenue Properties Llc $300,000
Previous Owner Payne Avenue Properties Llc $1,650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2024 06/01/24 Rented $1,975 0.0% --
05/01/2024 05/01/24 Under Contract -- -- --
04/04/2024 04/04/24 Price Changed $1,975 -17.7% $1 / Sq Ft
03/12/2024 03/12/24 For Rent $2,400 +50.0% --
02/14/2020 02/14/20 Rented $1,600 -5.9% --
02/06/2020 02/06/20 Under Contract -- -- --
10/22/2019 10/22/19 Price Changed $1,700 -5.6% $1 / Sq Ft
09/29/2019 09/29/19 For Rent $1,800 0.0% --
10/08/2015 10/08/15 Sold $171,000 -9.5% $94 / Sq Ft
10/07/2015 10/07/15 Pending -- -- --
12/03/2014 12/03/14 For Sale $189,000 -- $104 / 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 $4,264 $63,770 $6,370 $57,400
2023 $4,130 $53,270 $5,320 $47,950
2022 $4,106 $53,270 $5,320 $47,950
2021 $4,068 $53,270 $5,320 $47,950
2020 $5,287 $59,850 $5,990 $53,870
2019 $4,897 $171,000 $17,100 $153,900
2018 $3,144 $59,850 $5,990 $53,870
2017 $1,418 $16,770 $6,200 $10,570
2016 $1,407 $16,770 $6,200 $10,570
2015 $1,406 $16,770 $6,200 $10,570
2014 $1,413 $16,770 $6,200 $10,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5023478

MLS Now

APN: 102-37-306