Tim Damiano
Real of Ohio
(216) 859-0871
156 Total Sales
3 in Stockyards
$60K - $128K Price Range
7134 Dearborn Ave Cleveland, OH 44102
Stockyards Neighborhood
4
Beds
2
Baths
1,752
Sq Ft
44
Sq Ft Lot
About This Home
As of July 2023Expand your investment portfolio with this appealing 2-family duplex that promises consistent cash flow, boasting an impressive 10% cap rate. The property stands out featuring a newer roof, vinyl siding, and upgraded furnaces and hot water tanks. To enhance tenant convenience, the basement includes washer and dryer hookups. Positioned on a tranquil street, this location offers coveted privacy. Additionally, the property presents a potential for maximizing its space by converting the third-floor attic into an additional bedroom. The photos shown are prior to the tenants moving in. Both units have identical footprints.
Last Agent to Sell the Property
Home Suite Home Property Management License #2019005728 Listed on: 07/05/2023
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,456
Year Built
- Built in 1920
Lot Details
- 44 Sq Ft Lot
Parking
- Driveway
Home Design
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 1,752 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- 2 Units
- No Laundry Facilities
Listing and Financial Details
- Tenant pays for cable/electric link, electric, gas
- The owner pays for sewer, trash collection, water
- Assessor Parcel Number 006-28-059
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
Jul 5, 2023
Closed on
Jul 24, 2023
Sold by
Bought by
Seller's Agent
Lori Peterson
Home Suite Home Property Management
Buyer's Agent
Scott Carpenter
Keller Williams Greater Metropolitan
List Price
$110,000
Sold Price
$120,000
Premium/Discount to List
$10,000
9.09%
Views
78
Purchase Details
Listed on
Aug 21, 2019
Closed on
Nov 6, 2019
Sold by
Bought by
Seller's Agent
Jeffrey Cimbulich
RE/MAX Above & Beyond
Buyer's Agent
Elliot Stone
Century 21 Homestar
List Price
$55,000
Sold Price
$54,000
Premium/Discount to List
-$1,000
-1.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.01%
Original Mortgage
$40,500
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 22, 2017
Sold by
Bought by
Purchase Details
Closed on
Jun 4, 2015
Sold by
Bought by
Purchase Details
Closed on
Aug 30, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,080
Interest Rate
9.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 6, 2006
Sold by
Bought by
Purchase Details
Closed on
Nov 17, 1997
Sold by
Bought by
Purchase Details
Closed on
Mar 31, 1995
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Stockyards, OH
-
Tim Damiano
-
Maureen Wlodarczyk
Maureen Wlodarczyk
Keller Williams Living
(216) 930-2482
274 Total Sales
1 in Stockyards
$50,000 Price
-
Phil Rogers
Phil Rogers
Russell Real Estate Services
(234) 278-1662
177 Total Sales
5 in Stockyards
$38K - $100K Price Range
-
Torry McJunkins
Torry McJunkins
EXP Realty, LLC.
(216) 859-1852
181 Total Sales
3 in Stockyards
$125K - $165K Price Range
-
Seth Task
Seth Task
Berkshire Hathaway HomeServices Professional Realty
(216) 284-6425
482 Total Sales
3 in Stockyards
$21K - $150K Price Range
-
Frank Ruma
Frank Ruma
Keller Williams Elevate
(234) 278-1402
190 Total Sales
2 in Stockyards
$54K - $145K 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 |
|---|---|---|---|
| $120,000 | Ohio Real Title | ||
| $54,000 | Fast Tract Title | ||
| -- | None Available | ||
| $9,500 | Cleveland Home Title | ||
| $30,100 | Attorney | ||
| $36,667 | Foundation | ||
| $44,000 | -- | ||
| $17,000 | -- |
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 |
|---|---|---|---|
| Previous Owner | $40,500 | ||
| Previous Owner | $34,000 | ||
| Previous Owner | $24,080 |
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 |
|---|---|---|---|---|---|
| 07/27/2023 07/27/23 | Sold | $120,000 | +9.1% | $68 / Sq Ft | |
| 07/10/2023 07/10/23 | Pending | -- | -- | -- | |
| 07/05/2023 07/05/23 | For Sale | $110,000 | +103.7% | $63 / Sq Ft | |
| 11/11/2019 11/11/19 | Sold | $54,000 | -1.8% | $31 / Sq Ft | View Prior Sale |
| 08/25/2019 08/25/19 | Pending | -- | -- | -- | |
| 08/21/2019 08/21/19 | For Sale | $55,000 | -- | $31 / 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 | $2,772 | $41,440 | $4,130 | $37,310 |
| 2024 | $2,771 | $41,440 | $4,130 | $37,310 |
| 2023 | $1,465 | $18,900 | $1,960 | $16,940 |
| 2022 | $1,457 | $18,900 | $1,960 | $16,940 |
| 2021 | $1,443 | $18,900 | $1,960 | $16,940 |
| 2020 | $1,457 | $16,490 | $1,510 | $14,980 |
| 2019 | $1,349 | $47,100 | $4,300 | $42,800 |
| 2018 | $1,345 | $16,490 | $1,510 | $14,980 |
| 2017 | $749 | $8,860 | $1,750 | $7,110 |
| 2016 | $743 | $8,860 | $1,750 | $7,110 |
| 2015 | $4,930 | $8,860 | $1,750 | $7,110 |
| 2014 | $4,930 | $9,840 | $1,930 | $7,910 |
Source: Public Records
Agents Affiliated with this Home
-
Lori Peterson
Seller's Agent in 2023
Lori Peterson
Home Suite Home Property Management
(216) 688-6182
3 in this area
27 Total Sales
-
Scott Carpenter
Buyer's Agent in 2023
Scott Carpenter
Keller Williams Greater Metropolitan
(216) 262-1723
2 in this area
116 Total Sales
-
Jeffrey Cimbulich
J
Seller's Agent in 2019
Jeffrey Cimbulich
RE/MAX
(216) 406-6275
72 Total Sales
-
Elliot Stone
Buyer's Agent in 2019
Elliot Stone
Century 21 Homestar
(216) 570-0750
2 in this area
303 Total Sales
-
Richard Stone
Buyer Co-Listing Agent in 2019
Richard Stone
Century 21 Homestar
(216) 282-6688
2 in this area
237 Total Sales
Map
Source: MLS Now
MLS Number: 4471769
APN: 006-28-059
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.
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