$154,545
SOLD APR 16, 2025

3987 Lancaster Rd Cleveland, OH 44121

3 Beds
2 Baths
1,453 Sq Ft
7,802 Sq Ft Lot

Recently Sold

$106 Per Sq Ft

6% Below List Price

160 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Forced Air Heating System
  • 1 Fireplace
  • 1 Car Attached Garage
  • Ceiling Fan

About This Home

As of April 2025

For sale is a 12 property portfolio grossing $253,776 in rent and 12 of 12 properties are fully occupied! All properties will be point of sale compliant when sold to the new owner. Please contact the listing agent for financials and questions. See below list of properties and rent amount; 1290 Forest Hills Blvd. Cleveland Heights-$2453/month 1135 Quilliams Rd. Cleveland Heights-$1800/month 1148 Oxford Rd. Cleveland Heights- $1100/month 1195 Piermont Rd. South Euclid- $1500/month 3977 Suffolk Rd. South Euclid- $1500/month 1378 Brookline Rd. South Euclid- $1700/month 1877 Maywood Rd. South Euclid- $1800/month 1439 Clearview Rd. Lyndhurst-$1800/month 3987 Lancaster Rd. South Euclid-$1900/month 3832 Eastway Rd. South Euclid-$2100/month, 4202 Bayard Rd. South Euclid-$1800/month, 142 S. Green Rd. South Euclid-$1695/month.

Last Agent to Sell the Property

Jesse Kracht

Russell Real Estate Services Brokerage Email: jessek.cst@gmail.com 440-212-5656 License #2010001088 Listed on: 11/05/2024

Russell Real Estate Services

Last Buyer's Agent

Jesse Kracht

Russell Real Estate Services Brokerage Email: jessek.cst@gmail.com 440-212-5656 License #2010001088 Listed on: 11/05/2024

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,871

Year Built

  • Built in 1947

Lot Details

  • 7,802 Sq Ft Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Bungalow
  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding
  • Stone Siding

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Round Belvoir 02 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 701-14-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,871

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1947
  • Attribution Contact: jessek.cst@gmail.com 440-212-5656
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Round-Belvoir 02
  • Architectural Style: Bungalow, Cape Cod
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.1791
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Stone

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: South Euclid-Lyndhurst - 1829

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 701-14-009
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2871.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2024
Closed on
Apr 15, 2025
Sold by
Nss Realty Llc
Bought by
Ktst Properties Xiv Llc
Seller's Agent
Jesse Kracht
Russell Real Estate Services
Buyer's Agent
Jesse Kracht
Russell Real Estate Services
List Price
$163,636
Sold Price
$154,545
Premium/Discount to List
-$9,091
-5.56%
Views
140
Current Estimated Value
$162,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,529
Avg. Annual Appreciation
5.12%
Original Mortgage
$127,156
Outstanding Balance
$127,156
Interest Rate
6.63%
Mortgage Type
Credit Line Revolving
Estimated Equity
$30,588

Purchase Details

Listed on
Jan 16, 2024
Closed on
Mar 1, 2024
Sold by
Pennymac Loan Services Llc
Bought by
Secretary Of Veterans Affairs
Seller's Agent
Victoria Johnson
V. S. Realty Group, LLC
Buyer's Agent
Jesse Kracht
Russell Real Estate Services
List Price
$99,000
Sold Price
$98,500
Premium/Discount to List
-$500
-0.51%
Views
64

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.20%

Purchase Details

Closed on
Dec 6, 2023
Sold by
Sheriff Of Cuyahoga County
Bought by
Pennymac Loan Services Llc

Purchase Details

Closed on
Jun 16, 2015
Sold by
Wells Fargo Bank Na
Bought by
Hatzlacha Storage Llc

Purchase Details

Closed on
Feb 19, 2015
Sold by
Weager Patricia L
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 21, 1985
Sold by
Weager Douglas and Weager Patricia L
Bought by
Weager Douglas and Weager Patricia L

Purchase Details

Closed on
Jan 1, 1975
Bought by
Weager Douglas and Weager Patricia L
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 Type Sale Price Title Company
Warranty Deed $169,542 Newman Title
Warranty Deed -- None Listed On Document
Sheriffs Deed $73,100 None Listed On Document
Special Warranty Deed $18,500 Resource Title Agency
Sheriffs Deed $20,000 None Available
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $127,156 Credit Line Revolving
Previous Owner $165,000 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 Sold $154,545 -7.3% $106 / Sq Ft
04/14/2025 04/14/25 Pending -- -- --
12/30/2024 12/30/24 Price Changed $166,666 +1.9% $115 / Sq Ft
12/28/2024 12/28/24 For Sale $163,636 0.0% $113 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
11/05/2024 11/05/24 For Sale $163,636 +66.1% $113 / Sq Ft
04/12/2024 04/12/24 Sold $98,500 -0.5% $68 / Sq Ft
01/22/2024 01/22/24 Pending -- -- --
01/16/2024 01/16/24 For Sale $99,000 -1.0% $68 / Sq Ft
02/13/2018 02/13/18 Sold $99,975 0.0% $55 / Sq Ft
01/06/2018 01/06/18 Pending -- -- --
12/28/2017 12/28/17 Price Changed $99,975 -13.1% $55 / Sq Ft
11/30/2017 11/30/17 For Sale $115,000 +521.6% $63 / Sq Ft
09/23/2015 09/23/15 Sold $18,500 0.0% $13 / Sq Ft
06/02/2015 06/02/15 Pending -- -- --
05/05/2015 05/05/15 For Sale $18,500 -- $13 / 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 $3,927 $45,990 $8,960 $37,030
2023 $2,871 $27,930 $6,965 $20,965
2022 $2,791 $27,930 $6,970 $20,970
2021 $2,716 $27,930 $6,970 $20,970
2020 $2,547 $22,720 $5,670 $17,050
2019 $2,335 $64,900 $16,200 $48,700
2018 $2,375 $22,720 $5,670 $17,050
2017 $927 $6,480 $5,320 $1,160
2016 $923 $27,200 $5,320 $21,880
2015 $4,609 $27,200 $5,320 $21,880
2014 $4,609 $28,630 $5,600 $23,030
Source: Public Records

Agents Affiliated with this Home

  • Jesse Kracht

    Seller's Agent in 2025

    Jesse Kracht

    Russell Real Estate Services

    (440) 212-5656

    48 in this area

    505 Total Sales

    Jesse Kracht
    Section Image

  • V

    Seller's Agent in 2024

    Victoria Johnson

    V. S. Realty Group, LLC

    (216) 780-1009

    2 in this area

    20 Total Sales

    Victoria Johnson
    Section Image
  • Karen Helffrich

    Seller's Agent in 2018

    Karen Helffrich

    Howard Hanna

    (216) 789-7599

    8 in this area

    158 Total Sales

    Karen Helffrich
    Section Image
  • Jason Beard

    Buyer's Agent in 2018

    Jason Beard

    Keller Williams Greater Metropolitan

    (216) 659-5520

    14 in this area

    193 Total Sales

    Jason Beard
    Section Image
  • Shane Reid

    Seller's Agent in 2015

    Shane Reid

    Century 21 Homestar

    (330) 577-7080

    248 Total Sales

    Shane Reid
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 5082743

MLS Now

APN: 701-14-009

Ohio Cuyahoga County Cleveland 44121

3987 Lancaster Rd, Cleveland, OH

This home is located at 3987 Lancaster Rd, Cleveland, OH 44121 and is currently priced at $154,545, approximately $106 per square foot. This property was built in 1947. 3987 Lancaster Rd is a home located in Cuyahoga County with nearby schools including Adrian Elementary School, Greenview Upper Elementary School, and Memorial Junior High 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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