Edith Ross
Russell Real Estate Services
(216) 677-6801
158 Total Sales
4 in Parma
$155K - $320K Price Range
3811 Pershing Ave Cleveland, OH 44134
Parma Area
4
Beds
2
Baths
1,599
Sq Ft
5,401
Sq Ft Lot
About This Home
As of December 2020Long 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
RE/MAX Above & Beyond License #177253 Listed on: 09/30/2020
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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
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Cleveland, OH
-
Edith Ross
-
Pamela Holley
Pamela Holley
Keller Williams Elevate
(216) 666-5481
56 Total Sales
3 in Parma
$168K - $213K Price Range
-
Tresa Klein
Tresa Klein
Keller Williams Elevate
(440) 379-8357
164 Total Sales
5 in Parma
$174K - $265K Price Range
-
Adam Bellinski
Adam Bellinski
Russell Real Estate Services
(234) 278-1344
439 Total Sales
25 in Parma
$120K - $345K Price Range
-
Katerina Alix
Katerina Alix
Century 21 Premiere Properties, Inc.
(216) 304-3481
168 Total Sales
2 in Parma
$145K - $203K Price Range
-
Charles Burmeister
Charles Burmeister
Responds QuicklyKeller Williams Chervenic Rlty
(440) 671-7483
69 Total Sales
13 in Parma
$125K - $226K Price Range
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
Agents Affiliated with this Home
-
George Rucinski
Seller's Agent in 2020
George Rucinski
RE/MAX
(216) 469-2268
6 Total Sales
-
Jeffrey Cimbulich
J
Buyer's Agent in 2020
Jeffrey Cimbulich
RE/MAX
(216) 406-6275
71 Total Sales
-
Debbie Mottl
Seller's Agent in 2012
Debbie Mottl
Howard Hanna
(216) 215-7542
113 Total Sales
Map
Source: MLS Now
MLS Number: 4228300
APN: 444-18-044
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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