NOT LISTED FOR SALE

4928 E 88th St Cleveland, OH 44125

Estimated Value: $108,000 - $126,000

3 Beds
1 Bath
1,167 Sq Ft
$101/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $52,000 $45 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $743/month

74 Days on Market

Highlights

  • Cape Cod Architecture
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of July 2020

Attention investors! This house is a cash flow machine. Email agent for rent roll & video tour along with complete investment analysis, drone footage of the roof & surrounding neighborhood as well as information on the mechanical systems of the building. Do not disturb the tenants. Professional property management available. Local & out of state investors welcome!

Last Agent to Sell the Property

James Wise

The Holton-Wise Property Group LLC License #2015001161 Listed on: 02/04/2020

Last Buyer's Agent

James Wise

The Holton-Wise Property Group LLC License #2015001161 Listed on: 02/04/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 4,800

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • 1.5-Story Property
  • 4,800 Sq Ft Lot

Community Details

  • Garfield Pkwy Community

Listing and Financial Details

  • Assessor Parcel Number 541-20-143

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Cape Cod
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Year Built: 1953
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1953

Interior Features

  • Total Bedrooms: 3
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Laundry Lower: 1
  • Laundry: 1

Exterior Features

  • Exterior: Vinyl, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Garfield Pkwy

Schools

  • School District: Garfield Heights CSD
  • School District: Garfield Heights CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1102
  • Parcel Number: 541-20-143

Tax Info

  • Tax: 2507

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2024
Sold by
4928 E 88Th Street Holdings Llc
Bought by
C8 Property Group Llc
Current Estimated Value
$117,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Outstanding Balance
$91,815
Interest Rate
7.03%
Mortgage Type
Credit Line Revolving
Estimated Equity
$10,295

Purchase Details

Listed on
Feb 4, 2020
Closed on
Jul 29, 2020
Sold by
Muatore Nicholas and Muratore Jo Anna
Bought by
4928 E 88Th Street Holdings Llc
Seller's Agent
James Wise
The Holton-Wise Property Group LLC
Buyer's Agent
James Wise
The Holton-Wise Property Group LLC
List Price
$64,900
Sold Price
$52,000
Premium/Discount to List
-$12,900
-19.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.97%

Purchase Details

Closed on
Jul 11, 2019
Sold by
Muratore Nicholas and Muratore Joanna
Bought by
Muratore Nicholas and Freedom Venture Trust

Purchase Details

Closed on
Oct 22, 2018
Sold by
Freedom Ventures Trust
Bought by
Muratore Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Oct 29, 2013
Closed on
Mar 6, 2014
Sold by
American Homeowner Preservation Fund Lp
Bought by
Graylain Llc
Seller's Agent
Steve Shamblin
Arrow Realty
Buyer's Agent
Steve Shamblin
Arrow Realty
List Price
$22,000
Sold Price
$15,000
Premium/Discount to List
-$7,000
-31.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.06%

Purchase Details

Listed on
Oct 29, 2013
Closed on
Mar 5, 2014
Sold by
Graylain Llc
Bought by
Freedom Ventures Trust Llc
Seller's Agent
Steve Shamblin
Arrow Realty
Buyer's Agent
Steve Shamblin
Arrow Realty
List Price
$22,000
Sold Price
$15,000
Premium/Discount to List
-$7,000
-31.82%

Purchase Details

Closed on
Aug 22, 2013
Sold by
Williams Richard and Williams Richard J
Bought by
American Homeowner Preservation Fund Lp

Purchase Details

Closed on
Apr 15, 2004
Sold by
Barnes Gregory M and Barnes Dina D
Bought by
Williams Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,215
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 1996
Sold by
Craider Robert
Bought by
Barnes Gregory M and Barnes Dina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,900
Interest Rate
8.33%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 11, 1991
Sold by
Craider Robert
Bought by
Craider Robert

Purchase Details

Closed on
Oct 28, 1988
Sold by
Hunt Glen A
Bought by
Craider Robert

Purchase Details

Closed on
Sep 2, 1980
Sold by
Marich Cindy
Bought by
Hunt Glen A

Purchase Details

Closed on
Aug 7, 1980
Sold by
Marich Michael G and C J
Bought by
Marich Cindy

Purchase Details

Closed on
Jan 1, 1975
Bought by
Marich Michael G and C J
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
C8 Property Group Llc $10,000 Innovative Title
4928 E 88Th Street Holdings Llc $52,000 Black Tie Title
Muratore Nicholas -- None Available
Muratore Nicholas -- None Available
Graylain Llc $15,000 Evergreen Title Agency
Freedom Ventures Trust Llc $42,000 Evergreen Title Agency
American Homeowner Preservation Fund Lp $19,000 Attorney
Williams Richard $82,215 --
Barnes Gregory M $74,000 --
Craider Robert -- --
Craider Robert $48,000 --
Hunt Glen A $41,000 --
Marich Cindy -- --
Marich Michael G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open C8 Property Group Llc $93,000
Previous Owner Williams Richard $82,215
Previous Owner Barnes Gregory M $73,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $52,000 -13.2% $45 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
04/22/2020 04/22/20 Price Changed $59,900 -7.7% $51 / Sq Ft
03/13/2020 03/13/20 For Sale $64,900 +24.8% $56 / Sq Ft
02/04/2020 02/04/20 Off Market $52,000 -- --
03/12/2014 03/12/14 Sold $15,000 -31.8% $10 / Sq Ft
12/26/2013 12/26/13 Pending -- -- --
10/29/2013 10/29/13 For Sale $22,000 -- $14 / 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 $4,228 $38,430 $7,700 $30,730
2023 $2,362 $18,200 $5,250 $12,950
2022 $2,125 $18,200 $5,250 $12,950
2021 $2,242 $18,200 $5,250 $12,950
2020 $2,528 $19,640 $4,200 $15,440
2019 $2,507 $56,100 $12,000 $44,100
2018 $2,607 $19,640 $4,200 $15,440
2017 $2,500 $18,350 $3,330 $15,020
2016 $2,535 $18,350 $3,330 $15,020
2015 $3,327 $18,350 $3,330 $15,020
2014 $3,327 $22,370 $4,060 $18,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4165515

MLS Now

APN: 541-20-143