Gabe Mercado
Real of Ohio
(216) 859-1490
49 Total Sales
1 in Forest Hills
$112,000 Price
491 E 114th St Cleveland, OH 44108
Forest Hills Neighborhood
5
Beds
3
Baths
2,363
Sq Ft
3,502
Sq Ft Lot
About This Home
As of May 2025Calling all INVESTORS!! Check out this well-maintained 3-unit property. First floor unit is tenant occupied m2m for $750 and includes two bedrooms and one bath. Second floor unit is vacant and currently marketed for rent iat $900. This also includes two bedrooms and one bath. Third floor efficiency is tenant-occupied m2m for $475. Beautiful hardwood floors throughout with open kitchens that include GRANITE countertops. Large dining rooms with built in cabinets. Low-maintenance vinyl windows. 100-AMP electrical service with updated panels. Vinyl windows. unfinished basement is 1043 Sq ft. All mechanicals are in good working order. GMR should be $2100, well surpassing the 1% Rule. With an annual rental income of around $25,000, you should be able to get at least a 10-CAP.
Last Agent to Sell the Property
Premier Heights Realty LLC Brokerage Email: 216-860-0005 sophie@premierheights.com License #2024006496 Listed on: 02/28/2025
Co-Listed By
Premier Heights Realty LLC Brokerage Email: 216-860-0005 sophie@premierheights.com License #2023005046
Last Buyer's Agent
Berkshire Hathaway HomeServices Professional Realty License #2005006382
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $719
Year Built
- Built in 1910
Lot Details
- 3,502 Sq Ft Lot
Home Design
- Triplex
- Block Foundation
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2,363 Sq Ft Home
- 3-Story Property
- Washer and Electric Dryer Hookup
- Unfinished Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Parking
- No Garage
- Driveway
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- L M Southerns Allotment Subdivision
Listing and Financial Details
- Tenant pays for electricity, gas
- The owner pays for sewer, trash collection, water
- Assessor Parcel Number 111-02-078
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Forest Hills, OH
-
Gabe Mercado
-
Arnita Kindle
Arnita Kindle
DreamTeam Realty, Inc.
(216) 350-0083
11 Total Sales
1 in Forest Hills
$45,000 Price
-
Elliot Stone
Elliot Stone
Century 21 Homestar
(216) 284-8532
309 Total Sales
15 in Forest Hills
$30K - $105K Price Range
-
Abby Atkins
Abby Atkins
McDowell Homes Real Estate Services
(234) 271-2586
139 Total Sales
8 in Forest Hills
$75K - $113K Price Range
-
Sophie Boehlen
Sophie Boehlen
Premier Heights Realty LLC
(216) 350-8621
213 Total Sales
6 in Forest Hills
$16K - $133K Price Range
-
Keyano Burgess
Keyano Burgess
Lokal Real Estate, LLC.
(216) 999-3997
138 Total Sales
2 in Forest Hills
$118K - $125K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $133,100 | Chicago Title | ||
| Cleveland Investments One Llc | $13,600 | None Available | |
| Perkins Florine | -- | None Available | |
| Perkins Fred L | -- | -- | |
| Perkins Florine | $29,500 | -- | |
| Jones Isaiah | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $99,825 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/07/2025 05/07/25 | Sold | $133,100 | +6.6% | $56 / Sq Ft | |
| 02/28/2025 02/28/25 | For Sale | $124,900 | +818.4% | $53 / Sq Ft | |
| 04/06/2017 04/06/17 | Sold | $13,600 | 0.0% | $6 / Sq Ft | View Prior Sale |
| 11/23/2016 11/23/16 | Off Market | $13,600 | -- | -- | |
| 11/23/2016 11/23/16 | Pending | -- | -- | -- | |
| 08/31/2016 08/31/16 | For Sale | $19,900 | -- | $8 / Sq Ft |
Source: MLS Now
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $719 | $10,745 | $2,975 | $7,770 |
| 2024 | $719 | $10,745 | $2,975 | $7,770 |
| 2023 | $450 | $5,810 | $1,750 | $4,060 |
| 2022 | $695 | $5,810 | $1,750 | $4,060 |
| 2021 | $444 | $5,810 | $1,750 | $4,060 |
| 2020 | $421 | $4,760 | $1,440 | $3,330 |
| 2019 | $390 | $13,600 | $4,100 | $9,500 |
| 2018 | $840 | $4,760 | $1,440 | $3,330 |
| 2017 | $1,302 | $15,400 | $2,520 | $12,880 |
| 2016 | $1,292 | $15,400 | $2,520 | $12,880 |
| 2015 | $1,973 | $15,400 | $2,520 | $12,880 |
| 2014 | $1,973 | $17,120 | $2,800 | $14,320 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Skerbec
JS
Seller's Agent in 2025
Joseph Skerbec
Premier Heights Realty LLC
(216) 870-2112
1 in this area
8 Total Sales
-
Sophie Boehlen
Seller Co-Listing Agent in 2025
Sophie Boehlen
Premier Heights Realty LLC
(216) 849-8032
6 in this area
213 Total Sales
-
Seth Task
Buyer's Agent in 2025
Seth Task
Berkshire Hathaway HomeServices Professional Realty
(216) 970-0035
2 in this area
476 Total Sales
-
Molly Malloy
Buyer Co-Listing Agent in 2025
Molly Malloy
Berkshire Hathaway HomeServices Professional Realty
(216) 401-8163
1 in this area
83 Total Sales
-
Lionel Lewis
Seller's Agent in 2017
Lionel Lewis
New Era Real Estate Group, Inc.
(216) 361-5560
1 in this area
38 Total Sales
-
Amber Lewis
AL
Seller Co-Listing Agent in 2017
Amber Lewis
New Era Real Estate Group, Inc.
10 Total Sales
Map
Source: MLS Now
MLS Number: 5102845
APN: 111-02-078
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.
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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