NOT LISTED FOR SALE

948 E Schaaf Rd Independence, OH 44131

Estimated Value: $106,000 - $337,000

4 Beds
1 Bath
1,683 Sq Ft
$130/Sq Ft Est. Value

Last Sold October 01, 2024

Last sale price $103,000 $61 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $1,671/month

29 Days on Market

Highlights

  • 1.22 Acre Lot
  • Colonial Architecture
  • 2 Car Detached Garage
  • Cuyahoga Heights Elementary School Rated A-
  • No HOA
  • Hot Water Heating System

About This Home

As of October 2024

Great opportunity to buy this colonial style home located in Brooklyn Heights, OH and sitting on a 1.22 acre lot with a covered front porch and a detached garage. The interior has 1683 sq. ft. with 4 bedrooms and 1 bathroom, living room, family room, dining room plus a finished attic space and a full basement.

Last Agent to Sell the Property

Aaron Brailer

RealHome Services and Solutions, Inc. Brokerage Email: 770-612-7357 aaron.brailer@rhss.com License #2012001042 Listed on: 08/14/2024

Last Buyer's Agent

Chris Walling

Red 1 Realty, LLC License #2018001049

Red 1 Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1901

Lot Details

  • 1.22 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Wood Siding
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,683 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • Independence 01 Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 531-11-010

Home Details

Home Type

Single Family

Year Built

Built in 1901

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1901
  • Attribution Contact: 770-612-7357 aaron.brailer@rhss.com
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Independence 01
  • Above Grade Finished Sq Ft: 1683.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 4
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Acres: 1.22
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Vinyl Siding, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water, Steam
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Cuyahoga Heights LSD - 1811

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 531-11-010
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4135.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Sep 24, 2024
Sold by
Hsi Asset Securitization Corporation and Deutsche Bank National Trust Company
Bought by
Sjp Re Llc
Seller's Agent
Aaron Brailer
RealHome Services and Solutions, Inc.
Buyer's Agent
Chris Walling
Red 1 Realty, LLC
List Price
$132,500
Sold Price
$103,000
Premium/Discount to List
-$29,500
-22.26%
Views
158
Current Estimated Value
$242,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,363
Avg. Annual Appreciation
77.61%
Original Mortgage
$146,000
Interest Rate
5.51%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 11, 2024
Sold by
Sheriff Of Cuyahoga County
Bought by
Hsi Securitization Corporation Trust and Deutsche Bank Nat'L Trust

Purchase Details

Closed on
Aug 2, 2005
Sold by
Cassidy Lloyd
Bought by
Cassidy Lloyd and Cassidy Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2000
Sold by
Estate Of Mary B Cassidy
Bought by
Cassidy Lloyd

Purchase Details

Closed on
Jan 1, 1975
Bought by
Cassidy Lloyd R and M B
Source: Public Records
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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
Sjp Re Llc $103,000 None Listed On Document
Hsi Securitization Corporation Trust $122,100 None Listed On Document
Cassidy Lloyd -- Majestic Title
Cassidy Lloyd -- --
Cassidy Lloyd R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sjp Re Llc $146,000
Previous Owner Cassidy Lloyd $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2024 10/01/24 Sold $103,000 -13.7% $61 / Sq Ft
09/12/2024 09/12/24 Pending -- -- --
08/30/2024 08/30/24 Price Changed $119,400 -9.9% $71 / Sq Ft
08/14/2024 08/14/24 For Sale $132,500 -- $79 / 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 $4,986 $100,695 $20,685 $80,010
2023 $3,055 $58,065 $19,005 $39,060
2022 $3,030 $58,070 $19,010 $39,060
2021 $2,986 $58,070 $19,010 $39,060
2020 $2,822 $49,210 $16,100 $33,110
2019 $3,333 $140,600 $46,000 $94,600
2018 $2,692 $49,210 $16,100 $33,110
2017 $2,439 $41,270 $14,000 $27,270
2016 $2,415 $41,270 $14,000 $27,270
2015 $2,023 $41,270 $14,000 $27,270
2014 $2,023 $42,530 $14,420 $28,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5062307

MLS Now

APN: 531-11-010