Tresa Klein
Keller Williams Elevate
(440) 379-8357
162 Total Sales
2 in Forest Hills
$96K - $103K Price Range
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
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 28, 2025
Closed on
May 7, 2025
Sold by
Bought by
Seller's Agent
Joseph Skerbec
Premier Heights Realty LLC
Buyer's Agent
Seth Task
Berkshire Hathaway HomeServices Professional Realty
List Price
$124,900
Sold Price
$133,100
Premium/Discount to List
$8,200
6.57%
Views
18
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,825
Outstanding Balance
$98,553
Interest Rate
6.65%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 31, 2016
Closed on
Apr 4, 2017
Sold by
Bought by
Seller's Agent
Lionel Lewis
New Era Real Estate Group, Inc.
Buyer's Agent
Matt Hlavac
Deleted Agent
List Price
$19,900
Sold Price
$13,600
Premium/Discount to List
-$6,300
-31.66%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.57%
Purchase Details
Closed on
Mar 22, 2010
Sold by
Bought by
Purchase Details
Closed on
Dec 19, 1988
Sold by
Bought by
Purchase Details
Closed on
Mar 14, 1979
Sold by
Bought by
Purchase Details
Closed on
Jan 1, 1975
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Forest Hills, OH
-
Tresa Klein
-
Kim Goodrick
Kim Goodrick
Red 1 Realty, LLC
(440) 379-8131
174 Total Sales
6 in Forest Hills
$45K - $124K Price Range
-
Floria Aguilera
Floria Aguilera
Plum Tree Realty, LLC
(216) 859-1066
118 Total Sales
2 in Forest Hills
$71K - $170K Price Range
-
Alex Johnson
Alex Johnson
Real Estate Quest, Inc.
(216) 284-5624
169 Total Sales
1 in Forest Hills
$75,000 Price
-
Nicol Ousley
Nicol Ousley
Plum Tree Realty, LLC
(216) 716-2543
37 Total Sales
2 in Forest Hills
$75K - $115K Price Range
-
Kemi Alege
Kemi Alege
Coldwell Banker Schmidt Realty
(234) 231-0988
136 Total Sales
3 in Forest Hills
$35K - $108K 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 | ||
| $13,600 | None Available | ||
| -- | None Available | ||
| -- | -- | ||
| $29,500 | -- | ||
| -- | -- |
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
J
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
7 in this area
214 Total Sales
-
Seth Task
Buyer's Agent in 2025
Seth Task
Berkshire Hathaway HomeServices Professional Realty
(216) 970-0035
2 in this area
484 Total Sales
-
Molly Malloy
Buyer Co-Listing Agent in 2025
Molly Malloy
Berkshire Hathaway HomeServices Professional Realty
(216) 401-8163
1 in this area
78 Total Sales
-
Lionel Lewis
Seller's Agent in 2017
Lionel Lewis
New Era Real Estate Group, Inc.
(216) 361-5560
41 Total Sales
-
Amber Lewis
A
Seller Co-Listing Agent in 2017
Amber Lewis
New Era Real Estate Group, Inc.
12 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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