518 Jefferson Ave Cleveland, OH 44113
Tremont Neighborhood
2
Beds
2.5
Baths
1,720
Sq Ft
1,525
Sq Ft Lot
Highlights
- Open Floorplan
- No HOA
- 2 Car Attached Garage
- Stone Countertops
- Balcony
- Eat-In Kitchen
About This Home
As of August 2024Welcome to 518 Jefferson Ave, a modern masterpiece in Cleveland's historic and vibrant Tremont neighborhood, designed by the award-winning Horton Harper Architects. Construction finished in 2020. Tax abatement until 2035! This home offers an unparalleled blend of contemporary design and sustainable living. Located just a short distance from the vibrant retail, dining and art scene on Professor Avenue and the scenic new Towpath Trail, this residence perfectly balances urban convenience and natural beauty. Inside, the gourmet kitchen is a chefs dream, featuring quartz countertops, a large kitchen island, and state-of-the-art stainless steel appliances. The open-concept layout with wood floors throughout enhances the sense of space and light, creating a warm and inviting atmosphere. The home includes two bedrooms and 2.5 modern bathrooms, with the master suite boasting an ensuite bath and walk-in closet for a touch of luxury. The fully fenced-in yard offers a perfect spot for outdoor activities or a safe play area for pets, while the rooftop patio, awaiting your personal finishes, provides stunning city views and a versatile space for relaxation or entertainment. Additional features include a two-car garage and construction that adheres to high-efficiency, green-built standards, ensuring both environmental friendliness and lower utility costs. Experience the perfect combination of style, comfort, and community at 518 Jefferson Ave. Welcome home!
Last Agent to Sell the Property
McDowell Homes Real Estate Services Brokerage Email: jimhaffey@mcdhomes.com 216-402-5027 License #2007000671 Listed on: 07/25/2024
Last Buyer's Agent
James Gable
Keller Williams Greater Metropolitan License #2013000959
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,333
Year Built
- Built in 2019
Lot Details
- 1,525 Sq Ft Lot
- Front Yard Fenced
Parking
- 2 Car Attached Garage
Home Design
- Rubber Roof
- Wood Siding
Interior Spaces
- 1,720 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Entrance Foyer
- Smart Thermostat
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Stone Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2.5 Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Balcony
- Patio
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 004-19-214
Community Details
Overview
- No Home Owners Association
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 25, 2024
Closed on
Aug 21, 2024
Sold by
Doshi Darshan P and Sarwate Mrinal
Bought by
Gable Edward William
Seller's Agent
James Haffey
McDowell Homes Real Estate Services
Buyer's Agent
James Gable
Keller Williams Greater Metropolitan
List Price
$484,900
Sold Price
$484,900
Views
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,828
Avg. Annual Appreciation
2.75%
Original Mortgage
$412,165
Outstanding Balance
$408,256
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$89,450
Purchase Details
Listed on
Jan 3, 2018
Closed on
Jan 22, 2020
Sold by
518 Jefferson Llc
Bought by
Doshi Darshan P
Seller's Agent
Ted Theophylactos
Howard Hanna
Buyer's Agent
Mary Alice Buckley
Coldwell Banker Schmidt Realty
List Price
$419,900
Sold Price
$427,143
Premium/Discount to List
$7,243
1.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.85%
Original Mortgage
$340,000
Interest Rate
3.72%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 16, 2013
Closed on
Dec 30, 2013
Sold by
Ilijasic Dean
Bought by
Significant Semicolon Llc
Seller's Agent
Michael Terrigno
Russell Real Estate Services
Buyer's Agent
Chris Merry
Howard Hanna
List Price
$105,000
Sold Price
$98,500
Premium/Discount to List
-$6,500
-6.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.55%
Original Mortgage
$78,800
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 16, 2013
Closed on
Nov 26, 2013
Sold by
Lucas Tonya
Bought by
Ilijasic Dean
Seller's Agent
Michael Terrigno
Russell Real Estate Services
Buyer's Agent
Chris Merry
Howard Hanna
List Price
$105,000
Sold Price
$98,500
Premium/Discount to List
-$6,500
-6.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,800
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 2, 2013
Sold by
Estate Of Lloyd Eugene Lucas
Bought by
Lucas Tonya
Purchase Details
Closed on
Jul 10, 2012
Sold by
Estate Of Mary Agnes Lucas
Bought by
Estate Of Lloyd Eugene Lucas
Similar Homes in Cleveland, OH
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $484,900 | Ohio Real Title | |
| Warranty Deed | $427,143 | Competitive Title | |
| Warranty Deed | -- | Attorney | |
| Warranty Deed | $98,500 | Ohio Real Title | |
| Certificate Of Transfer | -- | None Available | |
| Certificate Of Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $412,165 | New Conventional | |
| Previous Owner | $337,700 | New Conventional | |
| Previous Owner | $340,000 | New Conventional | |
| Previous Owner | $851,500 | Construction | |
| Previous Owner | $78,800 | New Conventional | |
| Previous Owner | $25,000 | Unknown | |
| Previous Owner | $61,500 | Unknown | |
| Previous Owner | $60,000 | Unknown | |
| Previous Owner | $52,000 | Unknown | |
| Previous Owner | $42,305 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2024 08/26/24 | Sold | $484,900 | 0.0% | $282 / Sq Ft |
| 07/28/2024 07/28/24 | Pending | -- | -- | -- |
| 07/25/2024 07/25/24 | For Sale | $484,900 | +13.5% | $282 / Sq Ft |
| 02/18/2020 02/18/20 | Sold | $427,143 | +1.7% | $262 / Sq Ft |
| 10/02/2019 10/02/19 | Pending | -- | -- | -- |
| 08/20/2019 08/20/19 | For Sale | $419,900 | 0.0% | $258 / Sq Ft |
| 07/03/2019 07/03/19 | Pending | -- | -- | -- |
| 05/17/2019 05/17/19 | Price Changed | $419,900 | +2.4% | $258 / Sq Ft |
| 02/19/2019 02/19/19 | Price Changed | $409,900 | +2.5% | $252 / Sq Ft |
| 01/03/2018 01/03/18 | For Sale | $399,900 | +213.6% | $245 / Sq Ft |
| 07/24/2017 07/24/17 | Sold | $127,500 | -12.0% | $127 / Sq Ft |
| 07/12/2017 07/12/17 | Pending | -- | -- | -- |
| 06/29/2017 06/29/17 | Price Changed | $144,900 | -6.5% | $145 / Sq Ft |
| 05/17/2017 05/17/17 | Price Changed | $154,900 | -8.3% | $155 / Sq Ft |
| 05/11/2017 05/11/17 | For Sale | $169,000 | 0.0% | $169 / Sq Ft |
| 05/09/2017 05/09/17 | Pending | -- | -- | -- |
| 05/01/2017 05/01/17 | For Sale | $169,000 | 0.0% | $169 / Sq Ft |
| 04/28/2017 04/28/17 | Pending | -- | -- | -- |
| 04/25/2017 04/25/17 | Price Changed | $169,000 | -6.1% | $169 / Sq Ft |
| 04/07/2017 04/07/17 | For Sale | $179,900 | +82.6% | $180 / Sq Ft |
| 11/27/2013 11/27/13 | Sold | $98,500 | -6.2% | $108 / Sq Ft |
| 10/28/2013 10/28/13 | Pending | -- | -- | -- |
| 10/16/2013 10/16/13 | For Sale | $105,000 | -- | $115 / Sq Ft |
Source: MLS Now
Tax History Compared to Growth
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 | $1,820 | $183,855 | $27,755 | $156,100 |
| 2023 | $1,333 | $17,570 | $17,570 | $0 |
| 2022 | $1,325 | $183,855 | $17,570 | $166,285 |
| 2021 | $1,312 | $183,860 | $17,570 | $166,290 |
| 2020 | $1,261 | $14,280 | $14,280 | $0 |
| 2019 | $1,168 | $40,800 | $40,800 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
James Haffey
McDowell Homes Real Estate Services
(216) 402-5027
5 in this area
67 Total Sales
-
J
Buyer's Agent in 2024
James Gable
Keller Williams Greater Metropolitan
-
Seller's Agent in 2020
Ted Theophylactos
Howard Hanna
(216) 375-7060
36 in this area
399 Total Sales
-
L
Seller Co-Listing Agent in 2020
Lauren Cromwell
Deleted Agent
-
Buyer's Agent in 2020
Mary Alice Buckley
Coldwell Banker Schmidt Realty
(440) 669-0987
2 in this area
100 Total Sales
-
J
Seller's Agent in 2017
Jerry Coleman
Deleted Agent
Map
Source: MLS Now
MLS Number: 5056999
APN: 004-19-214
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