NOT LISTED FOR SALE

Estimated Value: $202,000 - $222,475

4 Beds
1.5 Baths
1,296 Sq Ft
$162/Sq Ft Est. Value

Last Sold July 27, 2023

Last sale price $181,000 $140 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,451/month

43 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • 2-minute walk to Drakefield Park
  • 2 Car Detached Garage

About This Home

As of July 2023

Nicely maintained Colonial single-family close to Kamm's Corner. It was rented for $1640 + $120 for water and sewer and, as such, was generating over $21K each year. Lease ended on 5/31/23 and tenant vacated the premises. As an investment, this property provides a strong Cap Rate and, with property management in place and able to be continued, all you'd have to do is collect $. All mechanicals are in good working condition. This could also be a great primary residence for an owner-occupant! Property can be purchased with others that make up a 27-property portfolio. Buy one, buy some or buy them all! Property list is available upon request. Property passed LEAD Safe inspection!

Last Agent to Sell the Property

Sophie Boehlen

Premier Heights Realty LLC License #2023005046 Listed on: 05/09/2023

Last Buyer's Agent

Jodi Santosuosso

EXP Realty, LLC. License #2020008560

EXP Realty, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,564

Year Built

  • Built in 1921

Lot Details

  • 6,011

Parking

  • 2 Car Detached Garage

Home Design

  • 1,296 Sq Ft Home
  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Joseph Laronge Co Westland Heights Community

Listing and Financial Details

  • Assessor Parcel Number 025-31-035

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,564

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • Price Per Square Foot: 139.66
  • Estimated Price per Sq Ft: 139.66
  • Year Built Exception: Actual YBT
  • Total Sq Ft: 1296
  • Year Built: 1921
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Attribution Contact: (216) 839-5500 klrw297@kw.com
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1921

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1296.00
  • Sq Ft Approx Total Finished: 1296.00

Exterior Features

  • Exterior: Aluminum, Vinyl
  • 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

Condo/Co-op/Association

  • Subdivision Complex: Joseph Laronge Co Westland Heights

Schools

  • School District: Cleveland Municipal

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 025-31-035
  • LandLeaseYN: No

Tax Info

  • Tax: 3564

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2023
Closed on
Jul 26, 2023
Sold by
Bonsai Holdings 2 Llc
Bought by
Loccisano Emily R
Seller's Agent
Sophie Boehlen
Premier Heights Realty LLC
Buyer's Agent
Jodi Santosuosso
EXP Realty, LLC.
List Price
$195,000
Sold Price
$181,000
Premium/Discount to List
-$14,000
-7.18%
Views
153
Current Estimated Value
$209,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,869
Avg. Annual Appreciation
6.80%
Original Mortgage
$162,900
Outstanding Balance
$158,941
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$50,928

Purchase Details

Closed on
May 11, 2022
Sold by
One Oak Capital Llc
Bought by
Bonsai Holdings 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,125
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2022
Sold by
Stitt Robert A and Stitt Theresa
Bought by
One Oak Capital Llc

Purchase Details

Closed on
Apr 20, 2004
Sold by
Stitt Jaye P
Bought by
Stitt Robert A

Purchase Details

Closed on
Nov 16, 1998
Sold by
Stitt Robert A
Bought by
Stitt Robert A and Stitt Jaye P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
7.75%

Purchase Details

Closed on
Nov 9, 1989
Sold by
Gates William H
Bought by
Stitt Robert A

Purchase Details

Closed on
May 17, 1985
Sold by
Jensen Edward W
Bought by
Gates William H

Purchase Details

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

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

Purchase History

Date Buyer Sale Price Title Company
Loccisano Emily R $181,000 Titleco Title Agency
Bonsai Holdings 2 Llc -- Titleco Title Agency
One Oak Capital Llc $95,000 Titleco Title Agency
Stitt Robert A -- Downtown Title Services Llc
Stitt Robert A -- --
Stitt Robert A -- --
Stitt Robert A $72,000 --
Gates William H $40,000 --
Jensen Edward W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loccisano Emily R $162,900
Previous Owner Bonsai Holdings 2 Llc $343,125
Previous Owner Stitt Robert A $100,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2023 07/27/23 Sold $181,000 -4.7% $140 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/07/2023 06/07/23 Price Changed $190,000 -2.6% $147 / Sq Ft
05/09/2023 05/09/23 For Sale $195,000 -- $150 / 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 $4,237 $63,350 $13,545 $49,805
2023 $3,585 $46,240 $10,960 $35,280
2022 $3,564 $46,235 $10,955 $35,280
2021 $3,452 $46,240 $10,960 $35,280
2020 $3,072 $35,560 $8,440 $27,130
2019 $3,404 $101,600 $24,100 $77,500
2018 $2,831 $35,560 $8,440 $27,130
2017 $2,834 $34,370 $7,420 $26,950
2016 $2,812 $34,370 $7,420 $26,950
2015 $2,567 $34,370 $7,420 $26,950
2014 $2,567 $31,260 $6,760 $24,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4458009

MLS Now

APN: 025-31-035