955 E 224th St Euclid, OH 44123
Estimated Value: $93,000 - $112,116
3
Beds
1
Bath
1,070
Sq Ft
$94/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- Forced Air Heating System
- Property is Fully Fenced
- 2 Car Detached Garage
About This Home
As of October 2023Investor Alert! This property is a prime investment opportunity that you won't want to pass up. Situated in a high-demand rental market, this home has a proven track record, previously commanding a monthly rent of $1200. With your vision and a bit of TLC, you can transform this Cape Cod gem into a lucrative venture. The easy to rent floor plan features a living room, kitchen, two bedrooms and a full bath on the main level with a master bedroom upstairs. There's also untapped potential to add a rec room in the lower level, further enhancing the property's value. Outside offers a fully fenced backyard with a two car garage. Location-wise, this property is a winner with easy access to I-90 and public transportation, making it highly attractive to potential renters. Plus, you'll enjoy peace of mind with updates such as an updated main panel, a hot water tank installed in 2020, and the roof and windows replaced in 2008. The seller is diligently working on POS compliance and the property is easy to show so schedule your appointment today!
Last Agent to Sell the Property
Keller Williams Greater Metropolitan License #2017005051 Listed on: 09/27/2023
Home Details
Home Type
- Single Family
Year Built
- Built in 1948
Lot Details
- 4,800 Sq Ft Lot
- Property is Fully Fenced
- Chain Link Fence
Parking
- 2 Car Detached Garage
- Garage Door Opener
Home Design
- Cape Cod Architecture
- Asphalt Roof
Interior Spaces
- 1,070 Sq Ft Home
- 1.5-Story Property
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- Bliss Clair Community
Listing and Financial Details
- Assessor Parcel Number 643-13-086
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 30, 2024
Sold by
Flippinglakecounty Ltd
Bought by
Flippingcuyahogacounty Ltd
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Outstanding Balance
$94,294
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$12,062
Purchase Details
Listed on
Sep 27, 2023
Closed on
Oct 24, 2023
Sold by
Troy Management Llc
Bought by
Flippinglakecounty Ltd
Seller's Agent
Jenny Salvaggio
Keller Williams Greater Metropolitan
Buyer's Agent
Alyssa Christison
CENTURY 21 Asa Cox Homes
List Price
$95,000
Sold Price
$87,500
Premium/Discount to List
-$7,500
-7.89%
Views
10
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.24%
Original Mortgage
$89,411
Interest Rate
7.18%
Mortgage Type
Balloon
Purchase Details
Closed on
Jan 25, 2011
Sold by
Reid Kenneth G and Reid Christy
Bought by
Troy Management Llc
Purchase Details
Closed on
May 13, 1997
Sold by
Griffin Adrian
Bought by
Reid Kenneth G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,939
Interest Rate
8.05%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 2, 1985
Sold by
Griffin Adrian
Bought by
Griffin Adrian and Griffin Sherry L
Purchase Details
Closed on
Nov 9, 1979
Sold by
Griffin Elsie
Bought by
Griffin Adrian
Purchase Details
Closed on
Jul 21, 1977
Sold by
Griffin Jack D
Bought by
Griffin Elsie
Purchase Details
Closed on
Jan 1, 1975
Bought by
Griffin Jack D
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Flippingcuyahogacounty Ltd | -- | None Listed On Document | |
| Flippinglakecounty Ltd | $86,500 | Title Professionals | |
| Troy Management Llc | $11,000 | Attorney | |
| Reid Kenneth G | $70,000 | -- | |
| Griffin Adrian | -- | -- | |
| Griffin Adrian | -- | -- | |
| Griffin Elsie | -- | -- | |
| Griffin Jack D | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Flippingcuyahogacounty Ltd | $95,200 | |
| Previous Owner | Flippinglakecounty Ltd | $89,411 | |
| Previous Owner | Reid Kenneth G | $97,750 | |
| Previous Owner | Reid Kenneth G | $84,548 | |
| Previous Owner | Reid Kenneth G | $69,939 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/25/2023 10/25/23 | Sold | $87,500 | -7.9% | $82 / Sq Ft |
| 09/30/2023 09/30/23 | Pending | -- | -- | -- |
| 09/27/2023 09/27/23 | For Sale | $95,000 | -- | $89 / Sq Ft |
Source: MLS Now
Tax History Compared to Growth
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 | $2,170 | $30,275 | $7,735 | $22,540 |
| 2023 | $2,087 | $23,240 | $6,090 | $17,150 |
| 2022 | $2,042 | $23,240 | $6,090 | $17,150 |
| 2021 | $2,269 | $23,240 | $6,090 | $17,150 |
| 2020 | $1,913 | $17,610 | $4,620 | $12,990 |
| 2019 | $1,796 | $50,300 | $13,200 | $37,100 |
| 2018 | $1,735 | $17,610 | $4,620 | $12,990 |
| 2017 | $1,762 | $14,910 | $3,080 | $11,830 |
| 2016 | $1,917 | $14,910 | $3,080 | $11,830 |
| 2015 | $3,488 | $14,910 | $3,080 | $11,830 |
| 2014 | $3,488 | $14,910 | $3,080 | $11,830 |
Source: Public Records
Agents Affiliated with this Home
-
Jenny Salvaggio
Seller's Agent in 2023
Jenny Salvaggio
Keller Williams Greater Metropolitan
(440) 724-5581
23 in this area
223 Total Sales
-
Alyssa Christison
Buyer's Agent in 2023
Alyssa Christison
CENTURY 21 Asa Cox Homes
(440) 639-0002
4 in this area
112 Total Sales
Map
Source: MLS Now
MLS Number: 4492144
APN: 643-13-086
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