NOT LISTED FOR SALE

3621 W 47th St Cleveland, OH 44102

Clark-Fulton Neighborhood
4 Beds
2 Baths
2,640 Sq Ft
3,502 Sq Ft Lot

Last Sold October 11, 2022

Last sale price $110,700 $42 Per Sq Ft

54 Days on Market

Highlights

  • Forced Air Heating System
  • Laundry Facilities
  • Property is Fully Fenced

About This Home

As of October 2022

READ ON! Investment Cash Cow or Owner occupied Tenant makes YOUR Mortgage payment!! Solid Structure, Roof, Foundation, Mechanicals two-family colonial w/ potential of more space (attic refinishing) which leads to increased rents! Private Full size backyard. Interior open flowing concept with 2 bedrooms each unit! Real tongue and groove hardwood floors underneath carpet! Add imagination TLC finishing to this property and increase the rent to $1,000 per unit upping net cash flow by $300 per month!*******So That's over $1,000 per month and $12,000 per year net!
………………………………………………………………………………………………………………………………………………………………………. Gross rents ($850 each unit) = $1,700 Less: [Operating Expenses ($405) Taxes $114 Insurance $91, Water/Sewer & Waste Collection $200] = Net Operating Income $1,295 Less: Debt Service 100K@5% over 30 years ($538) Net Cash Flow $757. *See attached Cash Flow Statement.

Last Agent to Sell the Property

Nicholas Papas

Keller Williams Chervenic Rlty License #2019004219 Listed on: 07/08/2022

Keller Williams Chervenic Rlty

Last Buyer's Agent

Kayla Carosella

Lokal Real Estate, LLC. License #2019003710

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,596

Year Built

  • Built in 1900

Lot Details

  • 3,502 Sq Ft Lot
  • Property is Fully Fenced
  • Wood Fence

Home Design

  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 016-25-006

Community Details

Overview

  • 2 Units
  • T I Kerns Allotment Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,596

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 62.90
  • Estimated Price per Sq Ft: 62.90
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1760
  • Year Built: 1900
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1760.00
  • Sq Ft Approx Below Grade Finished: 880.00
  • Sq Ft Approx Total Finished: 2640.00

Exterior Features

  • Fences: Full, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: T I Kerns Allotment

Schools

  • School District: Cleveland Municipal

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.0804
  • Parcel Number: 016-25-006

Multi Family

  • Num Of Buildings: 1
  • Number of Units: 2

Tax Info

  • Tax: 1596

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

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2022 10/11/22 Sold $110,700 +4.7% $42 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
08/25/2022 08/25/22 Price Changed $105,700 -0.2% $40 / Sq Ft
08/24/2022 08/24/22 For Sale $105,900 0.0% $40 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
08/15/2022 08/15/22 Price Changed $105,900 -0.9% $40 / Sq Ft
08/09/2022 08/09/22 Price Changed $106,900 -0.4% $40 / Sq Ft
08/08/2022 08/08/22 Price Changed $107,300 -0.1% $41 / Sq Ft
08/01/2022 08/01/22 Price Changed $107,400 -0.1% $41 / Sq Ft
07/29/2022 07/29/22 Price Changed $107,500 -0.2% $41 / Sq Ft
07/21/2022 07/21/22 Price Changed $107,700 -0.2% $41 / Sq Ft
07/08/2022 07/08/22 For Sale $107,900 -- $41 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Nicholas Papas

    Seller's Agent in 2022

    Nicholas Papas

    Keller Williams Chervenic Rlty

    (216) 316-7703

    1 in this area

    245 Total Sales

    Nicholas Papas
    Section Image
  • Kayla Carosella

    Buyer's Agent in 2022

    Kayla Carosella

    Lokal Real Estate, LLC.

    (216) 482-7188

    5 in this area

    111 Total Sales

    Kayla Carosella
    Section Image
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Map

Source: MLS Now

MLS Number: 4389810

MLS Now

APN: 016-25-006

Ohio Cuyahoga County Cleveland 44102 Clark-Fulton

3621 W 47th St, Cleveland, OH

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