NOT LISTED FOR SALE

7505-11 Detroit Cleveland, OH 44102

Detroit Shoreway Neighborhood

Estimated Value: $70,607

0.14 Acre
$504,336 Price per Acre
6,098 Sq Ft Lot

Last Sold April 12, 2024

Last sale price $66,900

Est. 6% increase in value since last sale

Current estimated payment $446/month

448 Days on Market

Highlights

  • City View
  • No HOA
  • Level Lot
  • Property is near public transit

About This Lot

As of April 2024

Consider this unique commercial land opportunity on the West end of the Gordon Square Historic District. 50' + frontage along Detroit Avenue at Lake Avenue & W 75th Street! While local retail in the heart of the district nears capacity, this parcel represents an opportunity unlike any other to develop in one of the City's most vibrant commercial districts. High traffic count. Great transit access, walk and bike-ability. Minutes from Edgewater State Park, beach and the Cleveland Lakefront Bikeway. Steps away from the plethora of vibrant spaces that make-up the Gordon Square Arts District!

Last Agent to Sell the Property

Michael Rastatter

Howard Hanna Brokerage Email: michaelrastatter@howardhanna.com 216-258-4273 License #2004008154 Listed on: 01/03/2023

Howard Hanna

Last Buyer's Agent

Michael Rastatter

Howard Hanna Brokerage Email: michaelrastatter@howardhanna.com 216-258-4273 License #2004008154 Listed on: 01/03/2023

Howard Hanna

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $914

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 51 x 161
  • Level Lot
  • Cleared Lot

Location

  • Property is near public transit
  • City Lot

Additional Features

  • City Views
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Gordon Square Arts District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 002-19-002

Property Details

Property Type

Land

Est. Annual Taxes

$914

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype: Commercial
  • Attribution Contact: michaelrastatter@howardhanna.com 216-258-4273
  • ResoLotFeatures: City Lot, Cleared, Level, Near Public Transit
  • Road Frontage Type: City Street
  • Reso View: City
  • Subdivision Name: Gordon Square Arts District
  • Property Sub Type Additional: Commercial
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.14
  • View: Yes

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

  • Lot Size Units: Acres
  • Topography: Cleared,Level
  • Parcel Number: 002-19-002
  • Lot Dimensions: 51 x 161
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Lots: 1

Tax Info

  • Tax Annual Amount: 914.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2023
Closed on
Apr 11, 2024
Sold by
Sweeney Matthew P and Sweeney Christa
Bought by
7511 Detroit Llc
Seller's Agent
Michael Rastatter
Howard Hanna
Buyer's Agent
Michael Rastatter
Howard Hanna
List Price
$90,000
Sold Price
$66,900
Premium/Discount to List
-$23,100
-25.67%
Views
103
Current Estimated Value
$70,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,707
Avg. Annual Appreciation
1.21%

Purchase Details

Closed on
Sep 8, 2016
Sold by
Zatik Andrew and Zatik Sarah
Bought by
Sweeney Matthew P and Sweeney John T

Purchase Details

Closed on
Jun 18, 2013
Sold by
Geauga Savings Bank
Bought by
Zitik Andrew and Zitik Sarah

Purchase Details

Closed on
Nov 16, 2011
Sold by
Boyt Rodney M and Boyt Anitra L
Bought by
Geauga Savings Bank

Purchase Details

Closed on
Dec 30, 2005
Sold by
Delahunty Sean P and Delahunty Ursula
Bought by
Boyt Rodney M and Boyt Anitra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
6.34%
Mortgage Type
Commercial

Purchase Details

Closed on
May 2, 1997
Sold by
Divito Angelo
Bought by
Delahunty Sean P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
8.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 16, 1976
Sold by
Prentice Edwin L and Prentice Olga
Bought by
Divito Angelo

Purchase Details

Closed on
Jan 1, 1975
Bought by
Prentice Edwin L and Prentice Olga
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
7511 Detroit Llc $66,900 Erie Title
Sweeney Matthew P -- Attorney
Zitik Andrew $41,800 Golden Eagle Title
Geauga Savings Bank $83,334 None Available
Boyt Rodney M $169,000 Chelsea Title
Delahunty Sean P $45,000 --
Divito Angelo $20,500 --
Prentice Edwin L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boyt Rodney M $168,000
Previous Owner Boyt Rodney M $123,750
Previous Owner Delahunty Sean $26,250
Previous Owner Delahunty Sean P $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $66,900 -11.9% --
03/21/2024 03/21/24 Pending -- -- --
01/16/2024 01/16/24 Price Changed $75,900 -15.7% --
05/15/2023 05/15/23 For Sale $90,000 0.0% --
03/30/2023 03/30/23 Pending -- -- --
12/29/2022 12/29/22 For Sale $90,000 -- --
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 $857 $8,295 $8,295 --
2023 $913 $9,140 $9,140 $0
2022 $912 $9,140 $9,140 $0
2021 $914 $9,140 $9,140 $0
2020 $1,699 $8,300 $8,300 $0
2019 $812 $23,700 $23,700 $0
2018 $905 $8,300 $8,300 $0
2017 $694 $6,830 $6,830 $0
2016 $29,921 $16,110 $6,830 $9,280
2015 $1,641 $16,110 $6,830 $9,280
2014 $1,481 $14,640 $6,200 $8,440
Source: Public Records

Agents Affiliated with this Home

  • Michael Rastatter

    Seller's Agent in 2024

    Michael Rastatter

    Howard Hanna

    (216) 258-4273

    20 in this area

    80 Total Sales

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 4430361

MLS Now (Howard Hanna)

APN: 002-19-002

Ohio Cuyahoga County Cleveland 44102 Detroit Shoreway

7505-11 Detroit, Cleveland, OH

This home is located at 7505-11 Detroit, Cleveland, OH 44102 since 03 January 2023 and is currently estimated at $70,607. 7505-11 Detroit is a home located in Cuyahoga County with nearby schools including Almira Academy, Artemus Ward School, and Anton Grdina School.

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.

MLS Now (Howard Hanna) 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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