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Sold for $252,000
    • $252,000

    2425 Lee Rd, Cleveland Heights, OH 44118

    5beds
    2,504sqft
    Three
    Built in 1920
    -- sqft lot
    $300,200 Zestimate®
    $101/sqft
    $1,134 Estimated rent

    Home value

    $300,200

    $270,000 - $333,000

    $1,134/mo

    Zestimate® history
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    $1,134/mo

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    $1,786/mo

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    What's special

    Investors! Turnkey 2016 renovated 3 family home in Cleveland Hts across from Fairfax Elementary school. Renovated extensively inside & out with remodeled Kitchens, Baths, plus all new plumbing, lighting, electrical and the list goes on. Tenants pay all utilities including water, sewer and garbage. Laundry in basement has separated washer and dryers that are also on their own separate meters. Serious investors this is a double digit CAP rate buy and hold investment opportunity you won't want to miss!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air, Gas
    Cooling
    • Other
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Hardwood
    • Basement: Partially finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,504 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Detached
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 7,501 Square Feet
    Details
    • Parcel number: 68711015

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Three
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1920

    Community & HOA

    Location
    • Region: Cleveland Heights

    Financial & listing details

    • Price per square foot: $101/sqft
    • Tax assessed value: $255,200
    • Annual tax amount: $7,452

    Price history

    DateEventPrice
    7/29/2024Sold$252,000+17.8%$101/sqft
    Source: Public Record Report a problem
    12/21/2018Sold$214,000-4.9%$85/sqft
    Source: MLS Now #4050343 Report a problem
    12/7/2018Pending sale$225,000$90/sqft
    Source: Keller Williams Greater Cleveland #4050343 Report a problem
    11/9/2018Listed for sale$225,000+922.7%$90/sqft
    Source: Keller Williams Greater Cleveland #4050343 Report a problem
    10/28/2018Listing removed$700
    Source: Owner Report a problem
    10/7/2018Listed for rent$700-36.4%
    Source: Owner Report a problem
    8/14/2017Listing removed$1,100
    Source: Zillow Rental Manager Report a problem
    7/31/2017Listed for rent$1,100
    Source: Zillow Rental Manager Report a problem
    10/5/2015Sold$22,000-37.1%$9/sqft
    Source: Public Record Report a problem
    5/21/2008Sold$35,000-56.3%$14/sqft
    Source: Public Record Report a problem
    11/6/2007Sold$80,000$32/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,452 -2.1%$89,320
    2024$7,610 -6.8%$89,320 +19.3%
    2023$8,169 +0.5%$74,900
    2022$8,128 +2%$74,900
    2021$7,966 +106.1%$74,900 +127.9%
    2020$3,866 +5.8%$32,870 +0%
    2019$3,652 -13.9%$32,860 0%
    2018$4,241 +315.3%$32,870 +326.9%
    2017$1,021 -5.3%$7,700 -80.8%
    2016$1,079 -76.7%$40,010
    2015$4,628 -91.2%$40,010
    2014$52,683 +27.7%$40,010
    2013$41,267 +30.2%$40,010
    2012$31,707 +31%$40,010 -4.4%
    2011$24,195 +43.2%$41,830
    2010$16,890 +67.4%$41,830
    2009$10,092 +147.4%$41,830 -6%
    2008$4,079 +8.2%$44,490
    2007$3,771 +10%$44,490
    2006$3,429 +6.3%$44,490 +15%
    2005$3,227 +0.6%$38,680
    2004$3,207 +12.1%$38,680
    2003$2,860 +5.8%$38,680 +14.5%
    2002$2,702 -49.1%$33,780
    2001$5,310 +0.4%$33,780
    2000$5,290 $33,780
    Find assessor info on the county website

    Neighborhood: 44118

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Cleveland Hts-Univer

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $300,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $300,200

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