NOT LISTED FOR SALE

8605 Folsom Ave Cleveland, OH 44104

Fairfax Neighborhood

Estimated Value: $35,000 - $99,000

3 Beds
1 Bath
1,200 Sq Ft
$51/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $17,000 $14 Per Sq Ft

Est. 258% increase in value since last sale

Current estimated payment $351/month

161 Days on Market

Highlights

  • Cape Cod Architecture
  • Forced Air Heating System
  • 3-minute walk to Quincy Park

About This Home

As of June 2023

Great opportunity for investment! This home can be your first rental opportunity or you can have it as the first home you owned. Come and check it out.

Last Agent to Sell the Property

Shane Reid

Century 21 Homestar License #429738 Listed on: 12/29/2022

Century 21 Homestar

Last Buyer's Agent

Ginger Geczi

McDowell Homes Real Estate Services License #2020000751

McDowell Homes Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $243

Year Built

  • Built in 1900

Lot Details

  • 4,770 Sq Ft Lot

Home Design

  • Cape Cod Architecture
  • Asphalt Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 126-05-113

Home Details

Home Type

Single Family

Est. Annual Taxes

$243

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Cape Cod
  • Price Per Square Foot: 14.17
  • Estimated Price per Sq Ft: 14.17
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 1200
  • Year Built: 1900
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Total Bedrooms: 3
  • Bedrooms on Main Level: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1200.00
  • Sq Ft Approx Total Finished: 1200.00

Exterior Features

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

Garage/Parking

  • Driveway: Paved

Utilities

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

Schools

  • School District: Cleveland Municipal

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1095
  • Parcel Number: 126-05-113
  • LandLeaseYN: No

Tax Info

  • Tax: 243

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2022
Closed on
Jun 15, 2023
Sold by
Cascade Funding Mortgage Trust
Bought by
Arline Clifton T
Seller's Agent
Shane Reid
Century 21 Homestar
Buyer's Agent
Ginger Geczi
McDowell Homes Real Estate Services
List Price
$17,000
Sold Price
$17,000
Views
204
Current Estimated Value
$60,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,797
Avg. Annual Appreciation
72.39%

Purchase Details

Closed on
Feb 23, 2023
Sold by
Sheriff Of Cuyahoga County
Bought by
Cascade Funding Mortgage Trust Hb8

Purchase Details

Closed on
Sep 30, 1998
Sold by
Gardner Willie Lee
Bought by
Gardner Willie Lee and Gardner Mittie Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.98%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jan 1, 1975
Bought by
Gardner Willie Lee
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
Arline Clifton T $17,000 None Listed On Document
Cascade Funding Mortgage Trust Hb8 $18,000 --
Gardner Willie Lee -- --
Gardner Willie Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gardner Willie Lee $96,000
Closed Gardner Willie Lee $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2023 06/26/23 Sold $17,000 0.0% $14 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $17,000 0.0% $14 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
12/29/2022 12/29/22 For Sale $17,000 -- $14 / 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 $368 $5,495 $2,240 $3,255
2023 $11,291 $3,780 $2,030 $1,750
2022 $11,291 $3,780 $2,030 $1,750
2021 $0 $3,780 $2,030 $1,750
2020 $0 $3,500 $1,890 $1,610
2019 $489 $10,000 $5,400 $4,600
2018 $0 $3,500 $1,890 $1,610
2017 $0 $4,070 $1,020 $3,050
2016 $0 $4,070 $1,020 $3,050
2015 -- $4,070 $1,020 $3,050
2014 -- $3,850 $980 $2,870
Source: Public Records

Agents Affiliated with this Home

  • Shane Reid

    Seller's Agent in 2023

    Shane Reid

    Century 21 Homestar

    (330) 577-7080

    2 in this area

    245 Total Sales

    Shane Reid
    Section Image
  • Ginger Geczi

    Buyer's Agent in 2023

    Ginger Geczi

    McDowell Homes Real Estate Services

    (216) 789-0439

    1 in this area

    41 Total Sales

    Ginger Geczi
    Section Image
  • Rick Bocchieri

    Buyer Co-Listing Agent in 2023

    Rick Bocchieri

    McDowell Homes Real Estate Services

    (440) 227-1857

    3 in this area

    347 Total Sales

    Rick Bocchieri
    Section Image
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Map

Source: MLS Now

MLS Number: 4430018

MLS Now

APN: 126-05-113

Ohio Cuyahoga County Cleveland 44104 Fairfax

8605 Folsom Ave, Cleveland, OH

Not Listed for Sale

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