$50,000
SOLD JUN 30, 2014

4482 Rainbow Rd Cleveland, OH 44121

3 Beds
2 Baths
1,272 Sq Ft
10,193 Sq Ft Lot

Recently Sold

$39 Per Sq Ft

41% Below List Price

493 Days on Market

Highlights

  • Health Club
  • Medical Services
  • Deck
  • Golf Course Community
  • City View
  • 1 Fireplace

About This Home

As of June 2014

Come see this amazing SHORT SALE opportunity in South Euclid! This home has been extensively remodeled from top to bottom and is going to be a great deal for someone! Home has a nicely appointed kitchen, plus newer windows throughout. 2 full baths including an in-suite master bath make this home different from the majority of South Euclid homes! Master bedroom is located on the 1st floor to allow for all walks of life! Carpet is well kept and fresh paint throughout! Owner was a rehabber and knew the right things to do to the home! This home is not one that you want to miss!

Last Agent to Sell the Property

Mark Baughman

RE/MAX Traditions License #419521 Listed on: 01/15/2013

RE/MAX Traditions

Co-Listed By

Marks of Excellence Team

RE/MAX Traditions License #2006000772

Last Buyer's Agent

Rivka Cohen

Deleted Agent License #2012001689

Deleted Agent

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 10,193 Sq Ft Lot
  • Lot Dimensions are 50x200

Parking

  • 2 Car Garage

Home Design

  • Bungalow
  • Asphalt Roof

Interior Spaces

  • 1,272 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • City Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 703-15-029

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Health Club
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Bungalow
  • Price Per Square Foot: 39.31
  • Num Of Stories: 2.00
  • Total Sq Ft: 1272
  • Year Built: 1928
  • Geocode Confidence: Unknown
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Room Count: 9
  • Basement Detail: Full, Unfinished, Walk-Out
  • Estimated Sq Ft: 1272

Exterior Features

  • View: City View
  • Exterior: Aluminum
  • Exterior Features: Deck
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Num Of Cars: 2

Utilities

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

Association/Amenities

  • Amenities: Golf Available, Health Club, Medical Service, Park, Playground, Pool, Shopping/Mall, Tennis Courts

Schools

  • School District: South Euclid-Lyndhurst
  • School District: South Euclid-Lyndhurst

Lot Info

  • Lot Dimensions: 50x200
  • Lot Size Area Sq Ft: 10193.0000
  • Lot Size Units: Acres
  • Price Per Acre: 213675.21
  • Acres: 0.2340
  • Parcel Number: 703-15-029

Tax Info

  • Tax: 2835

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2016
Sold by
Dror Peretz Llc
Bought by
Moallem Llc
Current Estimated Value
$176,401

Purchase Details

Listed on
Jan 15, 2013
Closed on
Jun 27, 2014
Sold by
Sabbagh Dennis P and Sabbach Stacy D
Bought by
Dror Peretz Llc
Seller's Agent
Mark Baughman
RE/MAX Traditions
Buyer's Agent
Rivka Cohen
Deleted Agent
List Price
$85,000
Sold Price
$50,000
Premium/Discount to List
-$35,000
-41.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.29%

Purchase Details

Closed on
Apr 24, 2002
Sold by
Waldschmidt Melvin and Waldschmidt Ethel M
Bought by
Sabbagh Dennis P and Sabbagh Stacy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,154
Interest Rate
7.18%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 19, 1982
Sold by
Smith John F
Bought by
Waldschmidt Melvin

Purchase Details

Closed on
Nov 28, 1977
Sold by
Wagner Alma H Sl
Bought by
Smith John F

Purchase Details

Closed on
Jan 1, 1975
Bought by
Wagner Alma H Sl
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
Limited Warranty Deed $75,000 None Available
Warranty Deed $50,000 Enterprise Title Agency
Survivorship Deed $106,000 Real Estate Title
Deed $46,000 --
Deed $29,500 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $130,173 FHA
Previous Owner $109,467 FHA
Previous Owner $105,154 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2015 02/11/15 Rented $1,150 0.0% --
02/11/2015 02/11/15 Under Contract -- -- --
12/08/2014 12/08/14 For Rent $1,150 0.0% --
06/30/2014 06/30/14 Sold $50,000 -41.2% $39 / Sq Ft
05/23/2014 05/23/14 Pending -- -- --
01/15/2013 01/15/13 For Sale $85,000 -- $67 / 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 $5,339 $46,760 $12,775 $33,985
2023 $3,028 $30,460 $10,610 $19,850
2022 $3,012 $30,450 $10,605 $19,845
2021 $2,991 $30,450 $10,610 $19,850
2020 $2,954 $26,250 $9,140 $17,120
2019 $2,709 $75,000 $26,100 $48,900
2018 $2,696 $26,250 $9,140 $17,120
2017 $2,033 $17,510 $7,530 $9,980
2016 $2,021 $17,510 $7,530 $9,980
2015 $1,977 $17,510 $7,530 $9,980
2014 $3,470 $33,330 $7,530 $25,800
Source: Public Records

Agents Affiliated with this Home

  • Alison Benoit

    Seller's Agent in 2015

    Alison Benoit

    Keller Williams Greater Metropolitan

    (216) 215-1155

    5 in this area

    95 Total Sales

    Alison Benoit
    Section Image

  • M

    Buyer's Agent in 2015

    Milan Polacek

    Howard Hanna

    (216) 751-8550

    43 Total Sales

    Milan Polacek
    Section Image
  • Mark Baughman

    Seller's Agent in 2014

    Mark Baughman

    RE/MAX

    (216) 215-6118

    3 in this area

    260 Total Sales

    Mark Baughman
    Section Image
  • Marks of Excellence Team

    Seller Co-Listing Agent in 2014

    Marks of Excellence Team

    RE/MAX

    (440) 487-3448

    3 in this area

    269 Total Sales

    Marks of Excellence Team
    Section Image

  • R

    Buyer's Agent in 2014

    Rivka Cohen

    Deleted Agent

    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 3375793

MLS Now

APN: 703-15-029

Ohio Cuyahoga County Cleveland 44121

4482 Rainbow Rd, Cleveland, OH

This home is located at 4482 Rainbow Rd, Cleveland, OH 44121 and is currently priced at $50,000, approximately $39 per square foot. This property was built in 1928. 4482 Rainbow Rd is a home located in Cuyahoga County with nearby schools including Rowland 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.

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