NOT LISTED FOR SALE

4900 E 85th St Cleveland, OH 44125

Estimated Value: $101,000 - $129,000

3 Beds
1 Bath
1,381 Sq Ft
$88/Sq Ft Est. Value

Last Sold January 24, 2022

Last sale price $69,750 $51 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $780/month

87 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Car Detached Garage
  • Forced Air Heating System
  • No HOA

About This Home

As of January 2022

Turnkey opportunity for an investor. CMHA tenant currently under a lease until November 2021 paying $915/month which includes water and sewer. Tenant has been renting home for 5+ years and wants to stay. Younger furnace and hot water tank, updated electrical panel. Buyer to assume POS violations.

Last Agent to Sell the Property

Michael Ferrante

Century 21 Homestar License #2019005741 Listed on: 10/11/2021

Century 21 Homestar

Last Buyer's Agent

Amy Smedira

EXP Realty, LLC. License #2019002029

EXP Realty, LLC.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40x115

Parking

  • 1 Car Detached Garage

Home Design

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

Interior Spaces

  • 1,381 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Walton Realty Cos Garfield Subdivision

Listing and Financial Details

  • Assessor Parcel Number 541-20-050

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1926
  • Subdivision Name: Walton Realty Cos Garfield
  • Above Grade Finished Sq Ft: 1381.0
  • Architectural Style: Bungalow, Cape Cod
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.1
  • Home Warranty: No
  • Construction Type: Aluminum Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Garfield Heights CSD - 1815

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 541-20-050
  • Lot Dimensions: 40x115
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2604.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Jan 21, 2022
Sold by
Obg Ohio Real Estate Ii Llc
Bought by
Mds Investment Holdings Llc
Seller's Agent
Michael Ferrante
Century 21 Homestar
Buyer's Agent
Amy Smedira
EXP Realty, LLC.
List Price
$74,000
Sold Price
$69,750
Premium/Discount to List
-$4,250
-5.74%
Current Estimated Value
$120,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,223
Avg. Annual Appreciation
17.02%
Original Mortgage
$70,000
Interest Rate
3.22%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 14, 2016
Sold by
Lakeside Reo Ventures Llc
Bought by
Obg Ohio Real Estate Ii Llc

Purchase Details

Closed on
Feb 5, 2016
Sold by
Salsgiver Michael H
Bought by
Lakeside Reo Ventures Llc

Purchase Details

Closed on
Aug 7, 1998
Sold by
Erney Oliver A
Bought by
Salsgiver Michael H and Salsgiver Mellony B

Purchase Details

Closed on
Dec 18, 1990
Sold by
Schramke Brian M
Bought by
Erney Oliver A

Purchase Details

Closed on
Jul 11, 1990
Sold by
Schramke Julia
Bought by
Schramke Brian M

Purchase Details

Closed on
May 10, 1978
Sold by
Schramke August and Schramke Julia
Bought by
Schramke Julia

Purchase Details

Closed on
Jan 1, 1975
Bought by
Schramke August and Schramke Julia
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 Buyer Sale Price Title Company
Mds Investment Holdings Llc $69,750 Golden Eagle Title & Escrow
Obg Ohio Real Estate Ii Llc $1,033,600 Titleco Title Agency
Lakeside Reo Ventures Llc $26,622 None Available
Salsgiver Michael H -- --
Erney Oliver A $46,900 --
Schramke Brian M $40,000 --
Schramke Julia -- --
Schramke August -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mds Investment Holdings Llc $433,000
Closed Mds Investment Holdings Llc $70,000
Previous Owner Salsgiver Michael H $17,150
Previous Owner Salsgiver Michael H $85,500
Previous Owner Salsgiver Michael H $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2022 02/01/22 Off Market $69,750 -- --
01/24/2022 01/24/22 Sold $69,750 -5.7% $51 / Sq Ft
01/05/2022 01/05/22 Pending -- -- --
11/19/2021 11/19/21 For Sale $74,000 0.0% $54 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
10/10/2021 10/10/21 For Sale $74,000 -- $54 / 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 $3,694 $35,000 $7,560 $27,440
2023 $2,838 $24,710 $5,180 $19,530
2022 $2,797 $24,710 $5,180 $19,530
2021 $2,956 $24,710 $5,180 $19,530
2020 $2,540 $19,740 $4,130 $15,610
2019 $2,519 $56,400 $11,800 $44,600
2018 $1,310 $19,740 $4,130 $15,610
2017 $2,852 $17,930 $3,260 $14,670
2016 $2,626 $17,930 $3,260 $14,670
2015 $13,574 $17,930 $3,260 $14,670
2014 $9,154 $21,840 $3,990 $17,850
Source: Public Records

Agents Affiliated with this Home

  • Michael Ferrante

    Seller's Agent in 2022

    Michael Ferrante

    Century 21 Homestar

    (216) 373-7727

    33 in this area

    1,542 Total Sales

    Michael Ferrante
    Section Image
  • Amy Smedira

    Buyer's Agent in 2022

    Amy Smedira

    EXP Realty, LLC.

    (216) 408-3681

    10 in this area

    92 Total Sales

    Amy Smedira
    Section Image
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Map

Source: MLS Now

MLS Number: 4324431

MLS Now

APN: 541-20-050

Ohio Cuyahoga County Cleveland 44125

4900 E 85th St, Cleveland, OH

This home is located at 4900 E 85th St, Cleveland, OH 44125 since 11 October 2021 and is currently estimated at $120,973, approximately $87 per square foot. This property was built in 1926. 4900 E 85th St is a home located in Cuyahoga County with nearby schools including Garfield Heights High School, North Shore High School, and Holy Name Elementary 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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