NOT LISTED FOR SALE

3850 Hillbrook Rd University Heights, OH 44118

Estimated Value: $232,000 - $327,000

3 Beds
1.5 Baths
2,282 Sq Ft
$128/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $175,000 $77 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,178/month

3 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of May 2024

Great investment opportunity in University Heights. This property is currently rented for 1,765+57 w/s per month, lease goes through 9/30/24.

Last Agent to Sell the Property

Mathew Chase

Keller Williams Greater Metropolitan Brokerage Email: 216-839-5500 klrw297@kw.com License #2013002819 Listed on: 03/01/2024

Keller Williams Greater Metropolitan

Co-Listed By

Christopher Chase

Keller Williams Greater Metropolitan Brokerage Email: 216-839-5500 klrw297@kw.com License #2016004492

Last Buyer's Agent

Vlad Lyner

Acacia Realty, LLC. License #426336

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 6,050 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Fiberglass Roof
  • Asphalt Roof

Interior Spaces

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Community Details

  • No Home Owners Association
  • Rapid Transit Subdivision

Listing and Financial Details

  • Assessor Parcel Number 722-21-080

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1956
  • Attribution Contact: 216-839-5500 klrw297@kw.com
  • Co List Office Phone: 216-839-5500
  • Subdivision Name: Rapid Transit
  • Above Grade Finished Sq Ft: 1876.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Tax Year: 2022
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Partially Finished
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 406.0
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.1389
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Cleveland Hts-Univer - 1810

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 722-21-080
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6850.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Apr 16, 2024
Sold by
Archon Lp Perm Finance Llc
Bought by
Solaris Inc
Seller's Agent
Mathew Chase
Keller Williams Greater Metropolitan
Buyer's Agent
Vlad Lyner
Acacia Realty, LLC.
List Price
$169,000
Sold Price
$175,000
Premium/Discount to List
$6,000
3.55%
Views
35
Current Estimated Value
$292,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,093
Avg. Annual Appreciation
41.03%

Purchase Details

Closed on
Apr 4, 2022
Sold by
Archon Capital Lp
Bought by
Archon Lp Perm Finance Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,166,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2017
Sold by
Dorsey Glenn W and Federal National Mortgage Asso
Bought by
Archon Capital Lp

Purchase Details

Closed on
Jun 14, 1999
Sold by
Mathew Thomas P and Mathew Rachel T
Bought by
Dorsey Glenn W and Dorsey Sherrae C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,771
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 26, 1986
Sold by
Bruder Janice H
Bought by
Mathew Thomas P

Purchase Details

Closed on
Jan 1, 1975
Bought by
Bruder Janice H
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
Solaris Inc $175,000 Miller Home Title
Archon Lp Perm Finance Llc -- Rosenberg Lpa Llc
Archon Capital Lp $88,900 None Available
Dorsey Glenn W $133,900 Guardian Title
Mathew Thomas P $79,000 --
Bruder Janice H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Archon Lp Perm Finance Llc $2,166,000
Previous Owner Dorsey Glenn W $132,771
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2024 05/01/24 Sold $175,000 +3.6% $77 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $169,000 -- $74 / 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 $7,786 $88,760 $17,395 $71,365
2023 $6,884 $61,320 $12,775 $48,545
2022 $6,850 $61,320 $12,780 $48,550
2021 $6,718 $61,320 $12,780 $48,550
2020 $6,630 $54,740 $11,410 $43,330
2019 $6,470 $161,400 $32,600 $128,800
2018 $6,303 $56,490 $11,410 $45,080
2017 $7,337 $54,470 $11,520 $42,950
2016 $7,251 $54,470 $11,520 $42,950
2015 $6,008 $54,470 $11,520 $42,950
2014 $6,008 $53,380 $11,310 $42,070
Source: Public Records

Agents Affiliated with this Home

  • Mathew Chase

    Seller's Agent in 2024

    Mathew Chase

    Keller Williams Greater Metropolitan

    (440) 452-2000

    4 in this area

    782 Total Sales

    Mathew Chase
    Section Image
  • Christopher Chase

    Seller Co-Listing Agent in 2024

    Christopher Chase

    Keller Williams Greater Metropolitan

    (440) 554-6631

    2 in this area

    103 Total Sales

    Christopher Chase
    Section Image

  • V

    Buyer's Agent in 2024

    Vlad Lyner

    Acacia Realty, LLC.

    (216) 496-5959

    71 in this area

    202 Total Sales

    Vlad Lyner
    Section Image
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Map

Source: MLS Now

MLS Number: 5020844

MLS Now

APN: 722-21-080

Ohio Cuyahoga County University Heights 44118

3850 Hillbrook Rd, University Heights, OH

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