NOT LISTED FOR SALE

Estimated Value: $101,151 - $132,000

3 Beds
1 Bath
1,119 Sq Ft
$103/Sq Ft Est. Value

Sale Details

Date Sold: April 6, 2020

Last sale price $39,900 $36 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $822 / mo

18 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of April 2020

ATTENTION INVESTORS: HIGH CAP RATE AND GREAT ROI! Turnkey investment opportunity in the heart of the highly desirable Lee-Harvard area of Cleveland. Previous tenant vacated the premises on 3/9/2020 paying $950.00 plus all utilities. Property cash flows $11,400 per year. Taxes are approx. $200 per month. Upgrades include roof, hot water tank, and furnace. Property is located less than 5 minutes from Lee-Harvard Plaza which includes major shopping outlets, restaurants, and two banks. Located on public transportation line (highly attractive to tenants) and is located less than one minute from Cleveland Clinic Southpointe Hospital. The buyer must agree to have the property occupied within 180 days from closing. Property tax assistance will be made available to Buyer in the event Buyer becomes delinquent on property taxes in the future. Seller will provide a one-year home warranty to help protect your investment. The cash flow, location, low taxes, warranty, and rising property values in this area make this a can't miss investment opportunity!

Last Agent to Sell the Property

Keirsha Evans

DreamTeam Realty, Inc. License #2006006049 Listed on: 03/10/2020

Last Buyer's Agent

Julius Cartwright

DreamTeam Realty, Inc. License #354462

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942

Lot Details

  • 5,332 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Asphalt Roof

Interior Spaces

  • 1,119 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Shaker View Community

Listing and Financial Details

  • Assessor Parcel Number 140-19-023

Home Details

Home Type

Single Family

Year Built

Built in 1942

Lot Details

5,332 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Cape Cod
  • Price Per Square Foot: 35.66
  • Estimated Price per Sq Ft: 35.66
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 1119
  • Year Built: 1942
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1942

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1119.00
  • Sq Ft Approx Total Finished: 1119.00

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 1

Utilities

  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Shaker View

Schools

  • School District: Cleveland Municipal

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1224
  • Parcel Number: 140-19-023

Tax Info

  • Tax: 2240

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2026
Sold by
Jcgrei Re Ita Llc
Bought by
Ae Property One Llc
Current Estimated Value
$115,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$250,000
Interest Rate
6.06%
Mortgage Type
Construction
Estimated Equity
-$134,712

Purchase Details

Closed on
Mar 23, 2023
Sold by
Pania Llc
Bought by
Jcgrei Re Ita Llc

Purchase Details

Closed on
Jan 15, 2021
Sold by
Jc Group Real Estate Investment Llc
Bought by
Pania Llc

Purchase Details

Listed on
Mar 10, 2020
Closed on
Apr 6, 2020
Sold by
Abandoned Homes Project Scattered Site I
Bought by
Jc Group Real Estate Investments Llc
Seller's Agent
Keirsha Evans
DreamTeam Realty, Inc.
Buyer's Agent
Julius Cartwright
DreamTeam Realty, Inc.
List Price
$49,900
Sold Price
$39,900
Premium/Discount to List
-$10,000
-20.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.20%

Purchase Details

Closed on
Feb 2, 2020
Sold by
Abandoned Homes Project Scattered Site I
Bought by
Jc Group Real Estate Investments Llc

Purchase Details

Closed on
Feb 8, 2018
Sold by
King Crystal Mk and King Christopher C
Bought by
King Crsytal M

Purchase Details

Closed on
Dec 13, 2016
Sold by
King Christopher C
Bought by
King Crystal M

Purchase Details

Closed on
Aug 2, 1996
Sold by
Est Irvin Daniels
Bought by
King Christopher C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
7.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1975
Bought by
Daniels Irvin and Daniels Helen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ae Property One Llc -- Cleveland Home Title
Jcgrei Re Ita Llc -- None Listed On Document
Pania Llc -- Khrais Mohammed
Jc Group Real Estate Investments Llc $39,000 None Available
Jc Group Real Estate Investments Llc $39,000 None Available
Abandoned Homes Project Scattered Site I $19,800 None Available
King Crsytal M -- None Available
King Crystal M -- None Available
King Christopher C $40,000 --
Daniels Irvin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ae Property One Llc $250,000
Previous Owner King Christopher C $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2020 04/06/20 Sold $39,900 -20.0% $36 / Sq Ft
03/28/2020 03/28/20 Pending -- -- --
03/10/2020 03/10/20 For Sale $49,900 -- $45 / Sq Ft
Source: MLS Now

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
2025 $2,575 $38,500 $6,440 $32,060
2024 $2,574 $38,500 $6,440 $32,060
2023 $2,483 $32,030 $5,600 $26,430
2022 $2,469 $32,025 $5,600 $26,425
2021 $2,446 $32,030 $5,600 $26,430
2020 $2,418 $27,370 $4,800 $22,580
2019 $2,240 $78,200 $13,700 $64,500
2018 $1,268 $27,370 $4,800 $22,580
2017 $1,063 $21,640 $6,270 $15,370
2016 $1,055 $21,640 $6,270 $15,370
2015 $1,054 $21,640 $6,270 $15,370
2014 $1,024 $21,220 $6,130 $15,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4173644

MLS Now

APN: 140-19-023

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