1088 Rushleigh Rd, Cleveland, OH 44121

3 beds1.5 baths1,674 sqft Edit

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Sold: $79,000
Sold on 02/22/13
Zestimate®: $68,777
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My Notes

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Complete info: http://1088rushleigh.agentmarketing.com - This offer is for those who wish to stop throwing money away while renting. Since you must live somewhere and the purchase payment equals your rent payment, you may as well buy a property and have your money create some equity for yourself. A gorgeous 3 bedroom, 2 bath colonial in Cleveland Heights. Renovations throughout the entire house include all new windows, a finished 3rd floor with closet spaces, renovated bathroom with ceramic tile, ADT security system, large 2 car garage, new painting throughout, renovated kitchen. Size is 1274sq ft. + approx. 400 sq. for the 3rd floor = 1674 sq. ft Basement is approx. 624sq. ft 2 Car Garage is 360 sq. ft Land size is 6000 sq. ft Price is $89,000. Down Payment $1475. We will finance $87525 at 8.25% for 20 years. Your payment will be approx. $745 (principal and interest). As a buyer, your yearly taxes are 1682 which equal a monthly payment of $140. Your monthly insurance payment is approx. $65. As a result, your principal and interest payment PLUS taxes and insurance will be $950. And the house is YOURS. After 3 years you need to refinance the loan and get us paid off through a bank. Once the bank pays us in full, the title will transfer to you. After the refinance, you can expect your payment to drop considerably. Now it gets even better 1. You will get an income tax deduction for the interest on the loan. 2. You are building equity for yourself. 3. You are getting an appreciation from a future price increase. Buyers MUST have a minimum credit score of 570 to 600 as your score will have to reach 640 in a couple of years in order to get financial approval from any bank. If serious and have other questions please give us a call at 216-647-7701 Thanks.  More Less 

Facts

  • Lot: 6,000 sqft
  • Single Family
  • Built in 1940
  • Views: 547 all time views
  • Heating: Forced air
  • Last sold: Feb 2013 for $79,000
  • Last sale price/sqft: $47

Features

  • Fireplace
  • Parking: Garage - Detached, 2 spaces, 360 sqft

    Construction

    • Construction quality:
      8.0
      Provided by the county assessor, this grade is based on a scale that varies by market. For more information, or to update the grade, contact the county assessor's office.
    • Roof type: Asphalt
    • Room count: 6
    • Stories: 2
    • Structure type: Colonial
    • Unit count: 1

    Other

    • Floor size: 1,674 sqft
    • Last remodel year: 1957
    • Lot depth: 150
    • Lot width: 40
    • Parcel #: 68136047
    • Zillow Home ID: 33651034

    Zestimate Details

    Zestimate
    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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    $68,777
    +$3,521 Last 30 days
    $61K
    $80K
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $1,011/mo
    +$28 Last 30 days
    $738
    $1.2K
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    $XXX,XXX
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    Popularity on Zillow

    If this home is listed on Zillow, it will reach the largest real estate network on the web.*
    547 all-time views
    of this home (chart)
    34 forecasted views of this home
    in the first 7 days after listing for sale
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    Comparable Homes

    Homes like this sold for $63-84K.

    $50K
    $100K

    Mortgages

    Neighborhood

    Market guide

    Zillow predicts 44121 home values will increase 2.1% next year, compared to a 2.2% increase for Cleveland Heights as a whole. Among 44121 homes, this home is valued 14.8% less than the midpoint (median) home, and is valued 16.1% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In 44121, the number of foreclosures waiting to be sold is 3.4% less than in Cleveland Heights, and 173.3% higher than the national average. This lower local number could help 44121 home values rise more quickly than other regions in Cleveland Heights.

    Learn more about forecast calculations or 44121 home values.
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      Nearby Schools in Cleveland Heights

      GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

      Data by GreatSchools.org