NOT LISTED FOR SALE

8811 Park Heights Ave Cleveland, OH 44125

Estimated Value: $123,000 - $163,000

4 Beds
2 Baths
1,838 Sq Ft
$74/Sq Ft Est. Value

Last Sold November 06, 2023

Last sale price $106,500 $58 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,045/month

106 Days on Market

Highlights

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

About This Home

As of November 2023

Welcome to this beautiful colonial home in Garfield Heights! This 4-bed, 2-full bath property sits on a great lot with a fenced-in yard and a 2-car garage and is currently tenant-occupied and rented for $1,095/month with a lease expiring April 2024. The tenant is responsible for all utilities except for water/sewer, which the owner pays for. The property has received numerous updates throughout the home including various kitchen updates, a newer hot water tank and furnace, modern bathroom remodeling and more! This is a great opportunity to acquire a turnkey, stable and cash-flowing investment property with significant upside by increasing rents upon lease renewal.

Last Agent to Sell the Property

Tal Tamir

Russell Real Estate Services License #2018001908 Listed on: 04/24/2023

Russell Real Estate Services

Last Buyer's Agent

Tal Tamir

Russell Real Estate Services License #2018001908 Listed on: 04/24/2023

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1922

Lot Details

  • 6,251 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Parkland Heights Allotment Community

Listing and Financial Details

  • Assessor Parcel Number 541-24-116

Home Details

Home Type

Single Family

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 71.57
  • Estimated Price per Sq Ft: 71.57
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1488
  • Year Built: 1922
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Attribution Contact: tal@premierclevelandinvesting.com (216) 870-8687
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1922

Interior Features

  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1488.00
  • Sq Ft Approx Below Grade Finished: 350.00
  • Sq Ft Approx Total Finished: 1838.00

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Parkland Heights Allotment

Schools

  • School District: Garfield Heights CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1435
  • Parcel Number: 541-24-116
  • LandLeaseYN: No

Tax Info

  • Tax: 3370

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2023
Closed on
Nov 3, 2023
Sold by
Ziebro Thomas J and Ziebro Lora I
Bought by
Thomas Aaron
Seller's Agent
Tal Tamir
Russell Real Estate Services
Buyer's Agent
Tal Tamir
Russell Real Estate Services
List Price
$109,900
Sold Price
$106,500
Premium/Discount to List
-$3,400
-3.09%
Views
336
Current Estimated Value
$135,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,402
Avg. Annual Appreciation
12.96%
Original Mortgage
$5,480
Outstanding Balance
$5,374
Interest Rate
7.19%
Estimated Equity
$130,528

Purchase Details

Listed on
Dec 2, 2016
Closed on
Feb 21, 2017
Sold by
Jelinek Ronald J and Jelinek Diane E
Bought by
Ziebro Thomas J
Seller's Agent
James Wise
The Holton-Wise Property Group LLC
Buyer's Agent
James Wise
The Holton-Wise Property Group LLC
List Price
$44,900
Sold Price
$44,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.74%
Original Mortgage
$38,165
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 1992
Sold by
Kolt Corrine Kehoe
Bought by
Kolt Corrine

Purchase Details

Closed on
Nov 8, 1989
Sold by
Kehoe Corrine F
Bought by
Kolt Corrine Kehoe

Purchase Details

Closed on
Jul 8, 1983
Sold by
Kehoe Corrine
Bought by
Kehoe Corrine F

Purchase Details

Closed on
Dec 10, 1982
Sold by
Kehoe Arthur D and Kehoe C
Bought by
Kehoe Corrine

Purchase Details

Closed on
Jan 1, 1975
Bought by
Kehoe Arthur D and Kehoe C
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Thomas Aaron $109,600 Newman Title
Ziebro Thomas J $44,900 City Title Co
Kolt Corrine -- --
Jelinek Ronald J $65,000 --
Kolt Corrine Kehoe -- --
Kehoe Corrine F -- --
Kehoe Corrine -- --
Kehoe Arthur D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Aaron $5,480
Open Thomas Aaron $100,366
Previous Owner Ziebro Thomas J $38,165
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2023 11/06/23 Sold $106,500 0.0% $58 / Sq Ft
08/08/2023 08/08/23 Off Market $106,500 -- --
08/08/2023 08/08/23 Pending -- -- --
04/24/2023 04/24/23 For Sale $109,900 +144.8% $60 / Sq Ft
02/22/2017 02/22/17 Sold $44,900 0.0% $30 / Sq Ft View Prior Sale
12/06/2016 12/06/16 Pending -- -- --
12/02/2016 12/02/16 For Sale $44,900 -- $30 / 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 $3,958 $38,360 $8,820 $29,540
2023 $3,422 $30,030 $6,440 $23,590
2022 $3,372 $30,030 $6,440 $23,590
2021 $3,565 $30,030 $6,440 $23,590
2020 $3,063 $24,010 $5,150 $18,870
2019 $3,239 $68,600 $14,700 $53,900
2018 $3,361 $24,010 $5,150 $18,870
2017 $2,948 $21,810 $4,060 $17,750
2016 $2,920 $21,810 $4,060 $17,750
2015 $3,213 $21,810 $4,060 $17,750
2014 $3,213 $26,600 $4,970 $21,630
Source: Public Records

Agents Affiliated with this Home

  • Tal Tamir

    Seller's Agent in 2023

    Tal Tamir

    Russell Real Estate Services

    (440) 336-5220

    9 in this area

    266 Total Sales

    Tal Tamir
    Section Image
  • James Wise

    Seller's Agent in 2017

    James Wise

    The Holton-Wise Property Group LLC

    (216) 661-6633

    19 in this area

    377 Total Sales

    James Wise
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4453516

MLS Now

APN: 541-24-116

Ohio Cuyahoga County Cleveland 44125

8811 Park Heights Ave, Cleveland, OH

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 IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes