$171,000
SOLD OCT 8, 2015

3608 Payne Ave Unit 202 Cleveland, OH 44114

Midtown Cleveland Neighborhood
2 Beds
2 Baths
1,810 Sq Ft
$220/mo HOA Fee

Recently Sold

$94 Per Sq Ft

10% Below List Price

308 Days on Market

Highlights

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

About This Home

As of October 2015

Fabulous loft unit in converted building in Cleveland's Midtown neighborhood. Huge (newer) windows, hardwood floors, 12 foot ceilings, 2 attached garage spaces with hydrolic lift, brand new stainless steel appliances in kitchen, new boiler, and reworked floor plan the results of which are 2 true bedrooms and a bonus/laundry room that take nothing at all away from the openness of the exceptional living space but add privacy. Lowest monthly fees around, well managed building, great neighborhood filled with galleries, restaurants and lots of hidden gems, walking distance to CSU and Downtown, and easy and quick commute to Case, the Clinic, and UH. Building offers lovely community deck with furniture and grills for outdoor relaxation in the City. Tax abatement too. This is a find!

Last Agent to Sell the Property

Beth Paskin

Progressive Urban Real Estate Co License #2003009772 Listed on: 12/03/2014

Last Buyer's Agent

Mary Hromyko

Progressive Urban Real Estate Co License #2013001078

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,400

Year Built

  • Built in 1922

HOA Fees

  • $220 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,810 Sq Ft Home
  • 1-Story Property
  • City Views
  • Partial Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

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

Utilities

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

Additional Features

  • Deck
  • East Facing Home

Listing and Financial Details

  • Assessor Parcel Number 102-37-306

Community Details

Overview

  • Association fees include insurance, exterior building, garage/parking, landscaping, reserve fund, sewer, snow removal, water
  • Payne Ave Lofts Community

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,400

Year Built

Built in 1922

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • House Faces: East
  • Price Per Square Foot: 94.48
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1810
  • Year Built: 1922
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1922

Interior Features

  • Appliances Equipment: Dishwasher, Garbage Disposal, Microwave, Range, Refrigerator, Smoke Detector
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Room Count: 6
  • Basement Detail: Common, Partial
  • Estimated Sq Ft: 1810

Exterior Features

  • View: City View
  • Exterior: Brick
  • Exterior Features: Deck

Garage/Parking

  • Driveway: Paved
  • Garage Features: Assigned/Reserved, Attached, Door Opener, Drain, Heated
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 220.00
  • HOA Fee Frequency: Monthly
  • Hoa Name: Payne Avenue Lofts Condominium Associati
  • Subdivision Complex: Payne Ave Lofts

Fee Information

  • HOA Fee Includes: Association Insurance, Exterior Building, Garage/Parking, Landscaping, Reserve Fund, Sewer, Snow Removal, Water

Schools

  • School District: Cleveland Municipal
  • School District: Cleveland Municipal

Lot Info

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

Multi Family

  • Unit Floor Num Of: 2

Tax Info

  • Tax: 1400

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
$300,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,801
Avg. Annual Appreciation
5.82%
Original Mortgage
$136,000
Outstanding Balance
$106,858
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$193,943

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
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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 Type Sale Price Title Company
Warranty Deed $171,000 Ohio Real Title
Warranty Deed $170,000 Surey
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $136,000 New Conventional
Previous Owner $170,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

  • Allie Carr

    Seller's Agent in 2024

    Allie Carr

    Berkshire Hathaway HomeServices Professional Realty

    (216) 952-8884

    372 Total Sales

    Allie Carr
    Section Image
  • Courtney Calvillo

    Buyer's Agent in 2024

    Courtney Calvillo

    Berkshire Hathaway HomeServices Professional Realty

    (216) 618-2964

    98 Total Sales

    Courtney Calvillo
    Section Image
  • Mary Hromyko

    Seller's Agent in 2020

    Mary Hromyko

    Progressive Urban Real Estate Co

    (216) 406-4350

    6 in this area

    85 Total Sales

    Mary Hromyko
    Section Image

  • B

    Seller's Agent in 2015

    Beth Paskin

    Progressive Urban Real Estate Co

    (216) 619-9696

    42 Total Sales

    Beth Paskin
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 3671097

MLS Now

APN: 102-37-306

Ohio Cuyahoga County Cleveland 44114 Midtown Cleveland

3608 Payne Ave Unit 202, Cleveland, OH

This home is located at 3608 Payne Ave Unit 202, Cleveland, OH 44114 and is currently priced at $171,000, approximately $94 per square foot. This property was built in 1922. 3608 Payne Ave Unit 202 is a home located in Cuyahoga County with nearby schools including Anton Grdina School, Bolton, and Andrew J. Rickoff School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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