NOT LISTED FOR SALE

8306 Cedar Ave Cleveland, OH 44103

Fairfax Neighborhood

Estimated Value: $42,677 - $55,000

4 Beds
2 Baths
2,129 Sq Ft
$23/Sq Ft Est. Value

Sale Details

Date Sold: October 25, 2022

Last sale price $36,000 $17 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $265 / mo

73 Days on Market

About This Home

As of October 2022

Investment Opportunity Special! Multi-family unit with each unit containing 2 beds and 1 bath! The upstairs unit has been partially updated and only has a couple other updates needed. The bottom unit is ready to be updated and will need a little more work. Once the updates have been completed, this will become the perfect investment property to add to your portfolio! Live in one unit and rent the other unit out or rent both units out and start seeing the cash flow! Perfect opportunity in an area that is improving with Cleveland Clinic right down the street and the new Opportunity Corridor right around the corner for quick access to shopping centers! They are currently building a Meijer's store right up the street!!! Schedule your private showing today!

Last Agent to Sell the Property

Alaa Abed

Century 21 Homestar License #2020004731 Listed on: 08/02/2022

Century 21 Homestar

Last Buyer's Agent

Bradford Cavanaugh

AYS Realty License #2015002892

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $417

Year Built

  • Built in 1900

Lot Details

  • 5,576 Sq Ft Lot

Parking

  • Driveway

Interior Spaces

  • 2,129 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 119-29-002

Community Details

Overview

  • 2 Units
  • Stewart & Richardsons Resub Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$417

Year Built

Built in 1900

Lot Details

5,576 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 16.91
  • Estimated Price per Sq Ft: 16.91
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2129
  • Year Built: 1900
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2129.00
  • Sq Ft Approx Total Finished: 2129.00

Garage/Parking

  • Driveway: Paved

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Stewart & Richardsons Resub

Schools

  • School District: Cleveland Municipal

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1280
  • Parcel Number: 119-29-002

Multi Family

  • Unit Count: 2
  • Num Of Buildings: 1
  • Number of Units: 2

Tax Info

  • Tax: 417

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
Aug 2, 2022
Closed on
Oct 24, 2022
Sold by
Bought by
Seller's Agent
Alaa Abed
Century 21 Homestar
Buyer's Agent
Bradford Cavanaugh
AYS Realty
List Price
$55,000
Sold Price
$36,000
Premium/Discount to List
-$19,000
-34.55%
Views
9
Current Estimated Value
$49,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,419
Avg. Annual Appreciation
9.15%

Purchase Details

Closed on
Jan 18, 2022
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
$25,000
Interest Rate
3.56%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 7, 2021
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
$25,000
Interest Rate
3.56%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 13, 2021
Sold by
Bought by

Purchase Details

Closed on
May 22, 2008
Sold by
Bought by

Purchase Details

Closed on
May 7, 2008
Sold by
Bought by

Purchase Details

Closed on
Mar 19, 2004
Sold by
Bought by

Purchase Details

Closed on
Feb 13, 1987
Sold by
Bought by

Purchase Details

Closed on
Aug 16, 1983
Sold by
Bought by

Purchase Details

Closed on
Feb 7, 1983
Sold by
Bought by

Purchase Details

Closed on
Apr 15, 1981
Sold by
Bought by

Purchase Details

Closed on
Jan 1, 1975
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$35,000 Cleveland Home Title
$25,000 New Title Company Name
-- None Available
-- None Available
$5,100 Attorney
-- None Available
-- --
$7,100 --
$2,000 --
-- --
$5,000 --
-- --
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 $25,000
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
10/25/2022 10/25/22 Sold $36,000 -20.0% $17 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
10/05/2022 10/05/22 Price Changed $45,000 -2.2% $21 / Sq Ft
09/22/2022 09/22/22 Price Changed $46,000 -6.1% $22 / Sq Ft
08/24/2022 08/24/22 Price Changed $49,000 -10.9% $23 / Sq Ft
07/30/2022 07/30/22 For Sale $55,000 -- $26 / 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 $35 $525 $525 --
2024 $35 $525 $525 --
2023 $423 $5,460 $2,240 $3,220
2022 $421 $5,460 $2,240 $3,220
2021 $417 $5,460 $2,240 $3,220
2020 $446 $5,040 $2,070 $2,980
2019 $413 $14,400 $5,900 $8,500
2018 $206 $5,040 $2,070 $2,980
2017 $134 $1,580 $1,190 $390
2016 $133 $1,580 $1,190 $390
2015 $127 $1,580 $1,190 $390
2014 $127 $1,510 $1,120 $390
Source: Public Records

Agents Affiliated with this Home

  • Alaa Abed

    Seller's Agent in 2022

    Alaa Abed

    Century 21 Homestar

    (216) 394-5488

    1 in this area

    14 Total Sales

    Alaa Abed
    Section Image

  • B

    Buyer's Agent in 2022

    Bradford Cavanaugh

    AYS Realty

    (216) 956-9708

    2 in this area

    116 Total Sales

    Bradford Cavanaugh
    Section Image
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Map

Source: MLS Now

MLS Number: 4398298

MLS Now

APN: 119-29-002

Ohio Cuyahoga County Cleveland 44103 Fairfax

8306 Cedar Ave, Cleveland, OH

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