NOT LISTED FOR SALE

Estimated Value: $58,000 - $122,000

4 Beds
2 Baths
1,426 Sq Ft
$54/Sq Ft Est. Value

Last Sold January 20, 2023

Last sale price $53,500 $38 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $535/month

77 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of January 2023

Multiple offers received. Interested parties are instructed to submit their highest and best offers no later than 12:00 noon on Saturday 11/19/2022.
Updated and well maintained turnkey rental property in the South Collinwood neighborhood of Cleveland. Enjoy the benefits and low property taxes that come with investing in City of Cleveland. The property has been extensively remodeled, with the electrical, plumbing, garage, driveway, flooring, and kitchen all redone since 2018. Property is leased to long term tenants who want to continue to stay. Tenants pay $880/month rent and all utilities. This low maintenance turnkey property is the perfect portfolio builder for investors who are looking to sit back and collect the rent checks. One of the owners is a licensed real estate agent (not the listing agent). See broker remarks or email broker for a video walk through of the property.

Last Listed By

C. Timothy Murphy

CTM Organization LLC License #2020007798 Listed on: 09/16/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,096

Year Built

  • Built in 1920

Lot Details

  • 3,999 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,426 Sq Ft Home
  • 2.5-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Andrew J Hawks & Others Allot Community

Listing and Financial Details

  • Assessor Parcel Number 115-22-076

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,096

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 37.52
  • Estimated Price per Sq Ft: 37.52
  • Year Built Exception: Unknown
  • Num Of Stories: 2.50
  • Total Sq Ft: 1426
  • Year Built: 1920
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1426.00
  • Sq Ft Approx Total Finished: 1426.00

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Andrew J Hawks & Others Allot

Schools

  • School District: Cleveland Municipal
  • School District: Cleveland Municipal

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.0918
  • Parcel Number: 115-22-076
  • LandLeaseYN: No

Tax Info

  • Tax: 1096

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Jan 13, 2023
Sold by
Premier Homes Cle Llc
Bought by
Jic Team Holdings Llc
Seller's Agent
C. Timothy Murphy
CTM Organization LLC
Buyer's Agent
Jacob Silvermetz
Silvermetz Real Estate Corp.
List Price
$65,000
Sold Price
$53,500
Premium/Discount to List
-$11,500
-17.69%
Total Days on Market
77
Views
21
Current Estimated Value
$76,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,044
Avg. Annual Appreciation
11.56%

Purchase Details

Closed on
Jan 12, 2018
Sold by
Smith Robert Lee and Wells Fargo Bnak N A
Bought by
Varkana Properties Llc

Purchase Details

Closed on
Jul 29, 2017
Sold by
Varkana Properties Llc
Bought by
Premier Homes Cle Llc

Purchase Details

Closed on
Dec 31, 1991
Sold by
Eva Y Frano
Bought by
Smith Robert Lee

Purchase Details

Closed on
Mar 19, 1981
Sold by
Frano Eliseo
Bought by
Eva Y Frano

Purchase Details

Closed on
Sep 15, 1976
Sold by
Frano Frank A
Bought by
Frano Eliseo

Purchase Details

Closed on
Jan 1, 1975
Bought by
Frano Frank A

Range of Values:

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Average Value
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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
Jic Team Holdings Llc $53,500 Titleco Title Agency
Varkana Properties Llc $4,100 None Available
Premier Homes Cle Llc -- None Available
Smith Robert Lee $33,000 --
Eva Y Frano $14,000 --
Frano Eliseo -- --
Frano Frank A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Robert Lee $80,015
Previous Owner Smith Robert L $91,184
Previous Owner Smith Robert Lee $87,350
Previous Owner Smith Robert Lee $78,300
Previous Owner Smith Robert Lee $59,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2023 01/20/23 Sold $53,500 -17.7% $38 / Sq Ft
12/02/2022 12/02/22 Pending -- -- --
09/16/2022 09/16/22 For Sale $65,000 -- $46 / Sq Ft
Source: MLS Now

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 $1,271 $19,005 $3,325 $15,680
2023 $1,112 $14,350 $3,640 $10,710
2022 $1,106 $14,350 $3,640 $10,710
2021 $1,096 $14,350 $3,640 $10,710
2020 $1,110 $12,570 $3,190 $9,380
2019 $1,594 $35,900 $9,100 $26,800
2018 $1,344 $12,570 $3,190 $9,380
2017 $1,981 $13,730 $4,590 $9,140
2016 $1,406 $13,730 $4,590 $9,140
2015 $1,294 $13,730 $4,590 $9,140
2014 $1,294 $15,760 $5,290 $10,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4409089

MLS Now

APN: 115-22-076