4 months on rocket

10938 Drexel Ave, Cleveland, OH, 44108

$79,900

Home List Price

$949*

Closing Credit

5 Bedrooms
1 Full Bath
2,516 SqFt
$32/SqFt
House

Location

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10938 Drexel Ave, Cleveland$79,900

Buyer Closing Credits

$949*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Garage, Paved
Garage1 space
Year Built1909
HeatingForced Air, Natural Gas, Hot Water, Steam
CoolingNone
BasementYes
MLS #5049064
Lot Size0.14 Acres
StatusActive

About 10938 Drexel Ave

Attention Investors & Owner-Occupied Buyers! Discover the potential in this spacious three-story architectural masterpiece. The current owner has completed most of the major updates, making it easy for you to restore its original glory. The beautiful vinyl exterior features dramatic roof lines, brick detailing, oversized windows, relaxing front porch, and ebuilt low-maintenance back deck w/1-car garage. Step inside to find light-filled, massive rooms with mostly brand-new windows, high ceilings, & hardwood floors. Dramatic bay windows add a touch of elegance. 5/6 large bedrooms, there's ample space for everyone. Unparalleled details throughout include cove ceilings, a fireplace in the living room (never used by the current owner), & dual staircase leading to the second floor. Roomy bathroom showcases custom tile work. Recent updates include a new gas furnace, a new H2O tank, newly waterproofed basement, new windows, breaker box, & updated roof (age unknown)...most of the room looks like newer dimensional shingles. The interior cosmetic work needs to be completed, making this property ideal for cash buyers or those with rehab loans. Enjoy mature landscaping for privacy on this large corner lot. For investors, this property is easy to lead-certify and can be used as a legal rental. Easy to show and packed with potential, this home is waiting for your finishing touches. Full basement w/glass block added. Don't miss out on this opportunity to bring this gem back to life with instant equity or cash flow.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1909
  • Stories: 3
  • Living Area: 2,516 SqFt

Listing Office:

  • Office Name: Coldwell Banker Schmidt Realty
  • Office Phone: (216) 210-7653
  • Listing Agent: Christopher A Frederick

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Porch

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Garage, Paved

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas, Hot Water, Steam
  • Cooling: None

Other

Directions Information:

  • Directions: Off Drexel

Price Information

Listing Price Info

Price Summary:

  • List Price: $79,900
  • Price Per SqFt: $32/SqFt

Tax Information:

  • Annual Amount: $466
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Cleveland, OH.

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Cleveland, OH

City

Med. Sold Price

$164.2K

Med. Price/SqFt

$99

Avg. Days On Market

36

# of Sold Homes

719

10938 Drexel Ave vs Cleveland

147 DAYS ON ROCKET

+111 Days

$79,900

-$84.3K Less

$32/SqFt

-$68 Less

KEY TAKEAWAY

This property is $84.3K less than the Median Sold Price and $68/SqFt less than other homes in Cleveland, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5049064

Listing Office:

  • Office Name: Coldwell Banker Schmidt Realty
  • Office Phone: (216) 210-7653
  • Listing Agent: Christopher A Frederick

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 4:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 26, 2018Home Sold
$34,000
Jul 01, 2003Home Sold
$46,000

Tax History

YEARPROP. TAXASSESSMENT
2020$466$5,390
2019$893$5,400
2018$440$5,400
2017$343$4,060

History based on county public records data.

Payment Calculator

$466

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$306

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-357440
3
/10

  • Mayfair Elementary School

  • 13916 Mayfair Ave

  • 1.36 miles

  • Public District Grades 3-5

school-card-donut-357441
5
/10

  • Boulevard Elementary School

  • 1749 Lee Rd

  • 2.45 miles

  • Public District Grades KG-5

school-card-donut-357442
6
/10

  • Roxboro Elementary School

  • 2405 Roxboro Rd

  • 2.51 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $14,559. Typical income of Cleveland, OH residents is less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 10938 Drexel Ave

What is the listing price of this property?

The listing price of 10938 Drexel Ave property is $79,900.

What type of property is this?

The property 10938 Drexel Ave is a house located in Cleveland, Ohio, 44108.

Is this property for sale now?

Active Listing: 10938 Drexel Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $466 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 26, 2018 for $34,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 10938 Drexel Ave has 5 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 10938 Drexel Ave is 2,516 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 10938 Drexel Ave is 1909.

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44108›10938 Drexel Ave

This home is located at 10938 Drexel Ave in Cleveland, OH and zip code 44108 in the Glenville neighborhood. This 2,516 square foot home, which was built in 1909, sits on a 0.14 acre lot. Features: 5 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 27, 2024 and is currently priced at $79,900.

Over 275 listings were sold over their listed price in October 2024 in Cleveland, OH. In the same period over 333 listings were sold below the listed price and 110 listings were sold for the listed price. The inventory of homes for sale in Cleveland, OH between September 2024 and October 2024 increased by 4.7%. Listings spent 36 days on the market in October 2024, and had a median list price of $164,291 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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