NOT LISTED FOR SALE

3811 Pershing Ave Cleveland, OH 44134

Parma Area
4 Beds
2 Baths
1,599 Sq Ft
5,401 Sq Ft Lot

Sale Details

Date Sold: December 15, 2020

Last sale price $130,000 $81 Per Sq Ft

69 Days on Market

About This Home

As of December 2020

Long Term Tenants. Clean Well Managed Two Family Home Ready For New Investor To Take Over! Turn key investment property generating over 13% cash on cash return and with a total 1 year return on investment of 20%. Better return on your money than the stock market with a lot less risk. Start building your investment portfolio today with this great income producing property in a desirable location. Huge Price reduction for Quick Sale!

Last Agent to Sell the Property

George Rucinski

RE/MAX Above & Beyond License #177253 Listed on: 09/30/2020

RE/MAX Above & Beyond

Last Buyer's Agent

Jeffrey Cimbulich

RE/MAX Above & Beyond License #2015005087

RE/MAX Above & Beyond
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,958

Year Built

  • Built in 1929

Lot Details

  • 5,401 Sq Ft Lot

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,599 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 444-18-044

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,958

Year Built

Built in 1929

Lot Details

5,401 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 81.30
  • Estimated Price per Sq Ft: 81.30
  • Year Built Exception: Actual YBT
  • Total Sq Ft: 1599
  • Year Built: 1929
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1929

Interior Features

  • Appliances Equipment: Range, Refrigerator
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Common, Full
  • Sq Ft Approx Above Grade Finished: 1599.00
  • Sq Ft Approx Total Finished: 1599.00

Exterior Features

  • Exterior: Aluminum
  • 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

Schools

  • School District: Parma CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1240
  • Parcel Number: 444-18-044

Rental Info

  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric, Gas

Multi Family

  • Unit Count: 2
  • Gross Income: 16500.00
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 2958

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2021
Sold by
Bought by

Purchase Details

Listed on
Sep 30, 2020
Closed on
Dec 16, 2020
Sold by
Bought by
Seller's Agent
George Rucinski
RE/MAX Above & Beyond
Buyer's Agent
Jeffrey Cimbulich
RE/MAX Above & Beyond
List Price
$149,900
Sold Price
$130,000
Premium/Discount to List
-$19,900
-13.28%

Purchase Details

Listed on
Mar 12, 2012
Closed on
Aug 29, 2012
Sold by
Bought by
Seller's Agent
Debbie Mottl
Howard Hanna
Buyer's Agent
George Rucinski
RE/MAX Above & Beyond
List Price
$109,900
Sold Price
$65,000
Premium/Discount to List
-$44,900
-40.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.71%
Original Mortgage
$48,750
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 1996
Sold by
Bought by

Purchase Details

Closed on
Aug 20, 1984
Sold by
Bought by

Purchase Details

Closed on
Oct 13, 1977
Sold by
Bought by

Purchase Details

Closed on
Jan 1, 1975
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$48,900 Lipman Kevin S
$48,900 --
$130,000 First Source Title
$65,000 First Source Title
$70,000 --
$48,000 --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $48,750
Previous Owner $80,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2020 12/15/20 Sold $130,000 -6.8% $81 / Sq Ft
12/08/2020 12/08/20 Pending -- -- --
10/30/2020 10/30/20 Price Changed $139,500 -6.9% $87 / Sq Ft
09/30/2020 09/30/20 For Sale $149,900 +130.6% $94 / Sq Ft
08/30/2012 08/30/12 Sold $65,000 -40.9% $41 / Sq Ft View Prior Sale
08/29/2012 08/29/12 Pending -- -- --
03/12/2012 03/12/12 For Sale $109,900 -- $69 / Sq Ft
Source: MLS Now

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,505 $55,195 $10,535 $44,660
2024 $3,654 $55,195 $10,535 $44,660
2023 $3,490 $45,540 $8,680 $36,860
2022 $3,454 $45,540 $8,680 $36,860
2021 $3,547 $45,540 $8,680 $36,860
2020 $3,122 $35,040 $6,690 $28,350
2019 $2,959 $100,100 $19,100 $81,000
2018 $2,739 $35,040 $6,690 $28,350
2017 $2,810 $30,700 $5,250 $25,450
2016 $2,793 $30,700 $5,250 $25,450
2015 $2,542 $30,700 $5,250 $25,450
2014 $2,542 $31,330 $5,360 $25,970
Source: Public Records

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Map

Source: MLS Now

MLS Number: 4228300

MLS Now

APN: 444-18-044

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