Cash flow opportunity. Previously Occupied by tenant at $995. New LVP in living areas, new carpet on upper stairs,
newer appliances, newer hwt and furnace. The tenant paid all utilites (including water/sewer) Plenty of additional
equity can be created by updating the interior. Owner only paid taxes and insurance. Located seconds from Euclid Ave
and rests right on the Euclid border. Property has appreciated quickly and strong rents were achieved without any
issue. Showing only after accepted offer. Comps over $110k. Preferred to be sold as a portfolio with a a total income of
$2945/mo at a 12% cap rate.
Sold for $75,000 on 01/04/23
$75,000
1354 Penhurst Rd, Cleveland, OH 44110
3beds
1,514sqft
Single Family Residence
Built in 1920
3,502.22 Square Feet Lot
$79,400 Zestimate®
$50/sqft
$1,249 Estimated rent
Home value
$79,400
$66,000 - $93,000
$1,249/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 26, 2023 at 02:36pm
Listing Provided by:
Gregory Erlanger 216-916-7778,
Keller Williams Citywide
Bought with:
Suede Baum, 2018002529
Keller Williams Elevate
Source: MLS Now,MLS#: 4415975
Originating MLS: Akron Cleveland Association of REALTORS
Originating MLS: Akron Cleveland Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Heating
- Forced Air, Gas
Cooling
- None
Appliances
- Included: Range, Refrigerator
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,514
- Total interior livable area: 1,514 sqft
- Finished area above ground: 1,034
- Finished area below ground: 480
Property
Parking
- Parking features: No Garage, Paved
Lot
- Size: 3,502 sqft
Details
- Parcel number: 11629017
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Cleveland
- Subdivision: Elworthy Helwick Cos St Clair
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2023 | Listing removed | -- |
Source: Zillow Rentals | ||
| 6/14/2023 | Listed for rent | $1,400+40.7%$1/sqft |
Source: Zillow Rentals | ||
| 1/4/2023 | Sold | $75,000-11.8%$50/sqft |
Source:  MLS Now #4415975 | ||
| 12/6/2022 | Pending sale | $85,000$56/sqft |
Source: MLS Now #4415975 | ||
| 11/17/2022 | Listed for sale | $85,000$56/sqft |
Source: MLS Now #4415975 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,755 +107.3% | $26,250 +140.4% |
| 2023 | $847 +0.6% | $10,920 |
| 2022 | $842 +0.9% | $10,920 |
Find assessor info on the county website
Neighborhood: South Collinwood
Nearby schools
GreatSchools rating
- 4/10Hannah Gibbons-Nottingham Elementary SchoolGrades: PK-8Distance: 0.1 mi
- 3/10Ginn AcademyGrades: K,5,8-12Distance: 0.9 mi
- 5/10Euclid Park Elementary SchoolGrades: PK-8Distance: 1.1 mi
Schools provided by the listing agent
- District: Cleveland Municipal - 1809
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$79,400
2% more+ $1,588
With Zillow Showcase(estimated)
$80,988