NOT LISTED FOR SALE

Estimated Value: $326,000 - $461,842

2 Beds
2.5 Baths
1,947 Sq Ft
0.29 Acres

Last Sold August 08, 2018

Last sale price $390,000 $200 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,037/month

Highlights

  • Fitness Center
  • 2 Car Attached Garage
  • Heating System Uses Gas
  • City View
  • Central Air
  • 5-minute walk to Fort Huntington Park

About This Home

As of March 2024

Downtown loft living at its finest! Stunning "Bridge" unit in the highly sought after historic Cloak Factory Building located in the heart of downtown Cleveland! This condo has an open floor plan with soaring 14' ceilings, gleaming hard wood floors, exposed brick walls, beamed wood accents and maestro lighting throughout. The former elevator shaft in the foyer adds architectural appeal and additional light. The living room has a gas fireplace and access to the beautiful balcony. The U-shaped kitchen is a cook's delight and offers granite counter tops, stainless-steel appliances and a breakfast bar. The huge primary suite features a large walk-in closet and a private bath with double vanity and stall shower. The second bedroom suite also has a private bath. Entertaining is easy with the open living room, kitchen and dining room. Summers can be enjoyed on the balcony with city and sunset views. Additional highlights include a full bar, storage closet next to the unit, half bath and full laundry room. Additional amenities at the Cloak Factory include a state-of-the-art fitness center with sauna and roof top deck with outdoor kitchen. A truly unique and special offering!

Last Agent to Rent the Property

Adam Kaufman

Howard Hanna Brokerage Email: adamkaufman@howardhanna.com (216) 831-7370 License #351481 Listed on: 08/01/2023

Howard Hanna

Last Renter's Agent

Monica Arredondo-Graham

Berkshire Hathaway HomeServices Professional Realty License #381026

Berkshire Hathaway HomeServices Professional Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,588

Year Built

  • Built in 1900

Lot Details

  • 0.29

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Interior Spaces

  • 1,947 Sq Ft Home
  • 1-Story Property
  • City Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2.5 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, heat
  • The owner pays for sewer, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 101-09-514

Community Details

Overview

  • Cloak Factory Condo Subdivision

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed
  • Pet Deposit $500

Condo Details

Home Type

Condominium

Est. Annual Taxes

$9,588

Year Built

Built in 1900

Lot Details

0

Parking

2

Rental Info

  • PetsAllowed: Yes
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Gas, Heat
  • Lease Term: 12 Months
  • Pet Deposit: 500.0

Listing Details

  • Property Type: Residential Lease
  • Property Subtype: Condominium
  • Year Built: 1900
  • Attribution Contact: adamkaufman@howardhanna.com (216) 831-7370
  • Reso View: City
  • Subdivision Name: Cloak Factory Condo
  • Above Grade Finished Sq Ft: 1947.0
  • Entry Level: 4
  • Garage Yn: Yes
  • Reso Interior Features: Elevator
  • Unit Levels: One
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Basement: No
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Stories: 1

Exterior Features

  • Acres: 0.29
  • View: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Attached, Covered, Garage

Utilities

  • LaundryFeatures: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Fitness

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 101-09-514
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2018
Closed on
Aug 8, 2018
Sold by
Mihaila Tyler John
Bought by
Dickinson John and Dickinson Shanti
Seller's Agent
Scott Phillips
Keller Williams Greater Metropolitan
Buyer's Agent
Shawne Tagliarina
McDowell Homes Real Estate Services
List Price
$415,000
Sold Price
$390,000
Premium/Discount to List
-$25,000
-6.02%
Current Estimated Value
$408,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,711
Avg. Annual Appreciation
1.23%
Original Mortgage
$370,500
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 9, 2012
Sold by
635 West Lakeside Ltd
Bought by
Mihaila Tyler John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,783
Interest Rate
3.56%
Mortgage Type
New Conventional
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
Dickinson John $390,000 First Meridian Title Agency
Mihaila Tyler John $295,000 Erie Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dickinson John $336,000
Closed Dickinson John $370,500
Previous Owner Mihaila Tyler John $270,783
Previous Owner 635 W Lakeside Ltd $1,025,000
Previous Owner 635 W Lakeside Ltd $790,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 Rented $2,400 -4.0% --
02/02/2024 02/02/24 Under Contract -- -- --
01/08/2024 01/08/24 Price Changed $2,500 -10.7% $1 / Sq Ft
10/07/2023 10/07/23 Price Changed $2,800 -5.1% $1 / Sq Ft
08/01/2023 08/01/23 For Rent $2,950 0.0% --
08/08/2018 08/08/18 Sold $390,000 0.0% $208 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
05/07/2018 05/07/18 Price Changed $390,000 -6.0% $208 / Sq Ft
04/07/2018 04/07/18 For Sale $415,000 +40.7% $221 / Sq Ft
09/14/2012 09/14/12 Sold $295,000 -10.3% $155 / Sq Ft
09/10/2012 09/10/12 Pending -- -- --
10/03/2011 10/03/11 For Sale $329,000 -- $172 / Sq Ft
Source: MLS Now (Howard Hanna)

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 $9,588 $139,195 $13,930 $125,265
2023 $10,871 $137,340 $8,120 $129,220
2022 $10,802 $137,340 $8,120 $129,220
2021 $2,887 $137,340 $8,120 $129,220
2020 $2,808 $32,520 $6,830 $25,690
2019 $2,990 $92,900 $19,500 $73,400
2018 $2,921 $32,520 $6,830 $25,690
2017 $2,883 $30,280 $6,830 $23,450
2016 $2,860 $30,280 $6,830 $23,450
2015 $2,864 $30,280 $6,830 $23,450
2014 $2,791 $29,400 $6,620 $22,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 4478760

MLS Now (Howard Hanna)

APN: 101-09-514