NOT LISTED FOR SALE

3871 E 54th St Cleveland, OH 44105

South Broadway Neighborhood

Estimated Value: $87,000 - $119,000

4 Beds
2 Baths
2,000 Sq Ft
$50/Sq Ft Est. Value

Last Sold December 05, 2023

Last sale price $92,000 $46 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $659/month

4 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of December 2023

Welcome to this amazing investment opportunity in the heart of one of the city's oldest and historical neighborhoods, Broadway–Slavic Village! This charming 4 bedroom home is currently being shown to possible tenant! This unique home features new floors, paint, vaulted ceilings and a SECOND KITCHEN on the second floor! 12% cap rate! Don't miss out on your chance to own this money maker!

Last Agent to Sell the Property

Mark Colucci

Keller Williams Citywide Brokerage Email: markcolucci@kw.com (440) 590-5219 License #2020004747 Listed on: 11/24/2023

Keller Williams Citywide

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,049

Year Built

  • Built in 1900

Lot Details

  • 3,302 Sq Ft Lot

Home Design

  • Colonial Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Paved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Barkwill Trail Subdivision

Listing and Financial Details

  • Assessor Parcel Number 132-11-068

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,049

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1900
  • Attribution Contact: markcolucci@kw.com (440) 590-5219
  • Subdivision Name: Barkwill Trail
  • Above Grade Finished Sq Ft: 2000.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.0758
  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 132-11-068
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1049.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2022
Closed on
Oct 25, 2022
Sold by
Nunez Steven
Bought by
Laforgia Paul G
Seller's Agent
Mark Colucci
Keller Williams Citywide
Buyer's Agent
Mark Colucci
Keller Williams Citywide
List Price
$89,000
Sold Price
$89,000
Views
13
Current Estimated Value
$96,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,334
Avg. Annual Appreciation
2.39%

Purchase Details

Listed on
Oct 7, 2021
Closed on
Feb 17, 2022
Sold by
Fitzgerald Patricia D
Bought by
Nunez Steven
Seller's Agent
Susan Bradley
Classic Realty Group, Inc.
Buyer's Agent
Mark Colucci
Keller Williams Citywide
List Price
$65,000
Sold Price
$55,000
Premium/Discount to List
-$10,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
100.88%
Original Mortgage
$52,250
Interest Rate
3.55%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 13, 1999
Sold by
Adamovich Michael and Adamovich Theresa
Bought by
Fitzgerald Patricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,650
Interest Rate
7.1%

Purchase Details

Closed on
Jan 1, 1975
Bought by
Adamovich Michael and Adamovich Theresa
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
Laforgia Paul G $89,000 Ohio Real Title
Nunez Steven $55,000 Chicago Title
Fitzgerald Patricia D $47,000 Transcounty Title Agency Inc
Adamovich Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nunez Steven $52,250
Previous Owner Fitzgerald Patricia D $44,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2023 12/05/23 Sold $92,000 -7.1% $46 / Sq Ft
11/28/2023 11/28/23 Pending -- -- --
11/24/2023 11/24/23 For Sale $99,000 +11.2% $50 / Sq Ft
10/28/2022 10/28/22 Sold $89,000 0.0% $45 / Sq Ft
10/12/2022 10/12/22 Pending -- -- --
10/10/2022 10/10/22 For Sale $89,000 +61.8% $45 / Sq Ft
02/18/2022 02/18/22 Sold $55,000 -8.3% $37 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
11/13/2021 11/13/21 Price Changed $59,999 -7.7% $41 / Sq Ft
10/07/2021 10/07/21 For Sale $65,000 -- $44 / 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 $1,566 $23,415 $3,605 $19,810
2023 $1,056 $13,620 $2,520 $11,100
2022 $1,050 $13,620 $2,520 $11,100
2021 $1,040 $13,620 $2,520 $11,100
2020 $1,055 $11,940 $2,210 $9,730
2019 $977 $34,100 $6,300 $27,800
2018 $974 $11,940 $2,210 $9,730
2017 $938 $11,100 $1,400 $9,700
2016 $931 $11,100 $1,400 $9,700
2015 $935 $11,100 $1,400 $9,700
2014 $935 $11,100 $1,400 $9,700
Source: Public Records

Agents Affiliated with this Home

  • Mark Colucci

    Seller's Agent in 2023

    Mark Colucci

    Keller Williams Citywide

    (440) 590-5219

    7 in this area

    184 Total Sales

    Section Image
  • Susan Bradley

    Seller's Agent in 2022

    Susan Bradley

    Classic Realty Group, Inc.

    (216) 533-1040

    2 in this area

    115 Total Sales

    Section Image
  • Frank Ferraro

    Seller Co-Listing Agent in 2022

    Frank Ferraro

    Classic Realty Group, Inc.

    (440) 724-0575

    3 in this area

    121 Total Sales

    Section Image
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Map

Source: MLS Now

MLS Number: 4506120

MLS Now

APN: 132-11-068

Ohio Cuyahoga County Cleveland 44105 South Broadway

3871 E 54th St, Cleveland, OH

This home is located at 3871 E 54th St, Cleveland, OH 44105 since 24 November 2023 and is currently estimated at $100,735, approximately $50 per square foot. This property was built in 1900. 3871 E 54th St is a home located in Cuyahoga County with nearby schools including Anton Grdina School, Benjamin Franklin, 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.

MLS Now 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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