NOT LISTED FOR SALE

408 W Saint Clair Ave Unit 313 Cleveland, OH 44113

Warehouse District Neighborhood

Estimated Value: $177,000 - $201,000

1 Bed
1 Bath
720 Sq Ft
$402/mo HOA Fee

Last Sold November 02, 2020

Last sale price $144,000 $200 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,742/month

155 Days on Market

Highlights

  • Health Club
  • Community Lake
  • Forced Air Heating and Cooling System
  • City View
  • Corner Lot
  • 5-minute walk to Fort Huntington Park

About This Home

As of November 2020

Welcome to Unit 313 in the Historic Grand Arcade! This warehouse district condo has been renovated to perfection and is offered fully
furnished. As you enter the unit you're greeted by beautiful wood floors that continue throughout the living space along with exposed
wooden beams and stamped tin ceiling tiles. The renovated kitchen features gorgeous Macubus Quartzite countertops, new cabinetry,
stainless steel appliances, and bar style seating for four. The spacious living area is perfect for entertaining and boasts floor to ceiling
windows offering unobstructed views of Downtown Cleveland and the Terminal Tower. The master bedroom is a private oasis
conveniently connected to the beautifully updated bathroom with high end finishes and tile shower. A shared laundry facility is
available down the hallway. Current used as an AIRBNB/short term rental with excellent income. Call today for your private tour!

Last Agent to Sell the Property

Anthony Aviles

HomeSmart Real Estate Momentum LLC License #2016001457 Listed on: 04/26/2020

HomeSmart Real Estate Momentum LLC

Last Buyer's Agent

Anthony Aviles

HomeSmart Real Estate Momentum LLC License #2016001457 Listed on: 04/26/2020

HomeSmart Real Estate Momentum LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,563

Year Built

  • Built in 1992

Lot Details

  • West Facing Home

HOA Fees

  • $402 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • City Views

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 101-09-347

Community Details

Overview

  • Association fees include insurance, exterior building, landscaping, property management, reserve fund, sewer, snow removal, trash removal
  • Grand Arcade Condo Community
  • Community Lake

Amenities

  • Laundry Facilities

Recreation

  • Health Club

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,563

Year Built

Built in 1992

Lot Details

0

HOA Fees

$402 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Style: High-Rise, Multi-Unit Building, Ranch
  • House Faces: West
  • Price Per Square Foot: 200.00
  • Estimated Price per Sq Ft: 200.00
  • Year Built Exception: Unknown
  • Num Of Stories: 1.00
  • Total Sq Ft: 720
  • Year Built: 1992
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1992

Interior Features

  • Appliances Equipment: Dishwasher, Garbage Disposal, Microwave, Wall Oven, Range, Refrigerator
  • Total Bedrooms: 1
  • Bedrooms on Main Level: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 3
  • Sq Ft Approx Above Grade Finished: 720.00
  • Sq Ft Approx Total Finished: 720.00

Exterior Features

  • View: City View
  • Exterior: Brick
  • Roof: Rubber

Garage/Parking

  • Garage Features: Parking Lot

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air, Heat Pump
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Exercise Room, Health Club, Lake, Laundromat

Condo/Co-op/Association

  • HOA Fees: 402.00
  • HOA Fee Frequency: Monthly
  • Hoa Name: Grand Arcade
  • Subdivision Complex: Grand Arcade Condo

Fee Information

  • HOA Fee Includes: Association Insurance, Exterior Building, Landscaping, Property Management, Reserve Fund, Sewer, Snow Removal, Trash Removal

Schools

  • School District: Cleveland Municipal
  • School District: Cleveland Municipal

Lot Info

  • Lot Description: Corner
  • Lot Size Units: Acres
  • Parcel Number: 101-09-347

Rental Info

  • PetsAllowed: Yes

Multi Family

  • Unit Floor Num Of: 3

Tax Info

  • Tax: 2563

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2020
Closed on
Oct 30, 2020
Sold by
Vasandani Paresh
Bought by
Vasandani Manik and Vasandani Deepa
Seller's Agent
Anthony Aviles
HomeSmart Real Estate Momentum LLC
Buyer's Agent
Anthony Aviles
HomeSmart Real Estate Momentum LLC
List Price
$155,000
Sold Price
$144,000
Premium/Discount to List
-$11,000
-7.1%
Current Estimated Value
$188,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,431
Avg. Annual Appreciation
3.04%
Original Mortgage
$108,000
Outstanding Balance
$97,627
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$69,006

Purchase Details

Listed on
May 18, 2019
Closed on
Jun 28, 2019
Sold by
Nguyen Justin and Nguyen Van
Bought by
Buchanan Kelly V
Seller's Agent
Judy Makaryk Rosen
Berkshire Hathaway HomeServices Professional Realty
Buyer's Agent
Anthony Aviles
HomeSmart Real Estate Momentum LLC
List Price
$100,000
Sold Price
$98,000
Premium/Discount to List
-$2,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.27%
Original Mortgage
$83,300
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2014
Closed on
Jul 31, 2014
Sold by
Richards Jason G
Bought by
Nguyen Justin and Nguyen Tam
Seller's Agent
Judy Makaryk Rosen
Berkshire Hathaway HomeServices Professional Realty
Buyer's Agent
Judy Makaryk Rosen
Berkshire Hathaway HomeServices Professional Realty
List Price
$78,900
Sold Price
$72,000
Premium/Discount to List
-$6,900
-8.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%

Purchase Details

Closed on
Sep 18, 2003
Sold by
Solon Shannon M
Bought by
Richards Jason G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,600
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2002
Sold by
Raj Joyesh
Bought by
Solon Shannon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
6.41%
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
Vasandani Paresh $144,000 Revere Title
Buchanan Kelly V $98,000 Ohio Real Title
Nguyen Justin $72,000 Ohio Real Title
Richards Jason G $122,000 Signature Title
Solon Shannon M $107,000 U S Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasandani Paresh $108,000
Previous Owner Buchanan Kelly V $83,300
Previous Owner Richards Jason G $97,600
Previous Owner Solon Shannon M $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2020 11/02/20 Sold $144,000 -7.1% $200 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
04/26/2020 04/26/20 For Sale $155,000 +58.2% $215 / Sq Ft
07/01/2019 07/01/19 Sold $98,000 -2.0% $136 / Sq Ft
05/31/2019 05/31/19 Pending -- -- --
05/18/2019 05/18/19 For Sale $100,000 +38.9% $139 / Sq Ft
08/01/2014 08/01/14 Sold $72,000 -8.7% $100 / Sq Ft
07/15/2014 07/15/14 Pending -- -- --
03/01/2014 03/01/14 For Sale $78,900 -- $110 / 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 $4,034 $59,010 $7,245 $51,765
2023 $3,986 $50,410 $4,030 $46,380
2022 $4,117 $50,400 $4,030 $46,380
2021 $3,763 $50,400 $4,030 $46,380
2020 $2,905 $32,100 $3,400 $28,700
2019 $2,563 $91,700 $9,700 $82,000
2018 $1,277 $32,100 $3,400 $28,700
2017 $3,155 $38,260 $3,400 $34,860
2016 $3,131 $38,260 $3,400 $34,860
2015 $3,129 $38,260 $3,400 $34,860
2014 $3,205 $37,140 $3,290 $33,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4184321

MLS Now

APN: 101-09-347