28 days on rocket

12802 Melgrove Ave, Cleveland, OH, 44105

$89,900

Home List Price

$1,068*

Closing Credit

2 Bedrooms
1 Full Bath
864 SqFt
$104/SqFt
House

Location

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12802 Melgrove Ave, Cleveland$89,900

Buyer Closing Credits

$1,068*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Driveway, Detached, Garage Faces Front, Garage
Garage1 space
Year Built1925
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #5079672
Lot Size0.11 Acres
StatusActive

About 12802 Melgrove Ave

Investors! This turnkey Cap Cod is a low-maintenance rental property with immediate cash flow! A long-term tenant is in place with a current lease of $1200 per month until December 2025. The home features two bedrooms on the main floor, a full bath, and an unfinished attic (just under 500 sq ft) with potential for 3rd/4th bedrooms. The basement is also unfinished, offering further expansion possibilities. Enjoy a spacious formal dining room and a quaint eat-in kitchen. Updates include a newer hot water tank and furnace (installed July 2024) and Central Air (2024). The roof is approximately 10 years old, and the garage is newer with vinyl siding (approximately 15 years old). The tenant pays on time and intends to stay for many years.

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1925
  • Stories: 1
  • Living Area: 864 SqFt

Listing Office:

  • Office Name: RE/MAX Above & Beyond
  • Office Phone: (440) 503-6728
  • Listing Agent: Thomas N DiDonato

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Built-in Features, Ceiling Fan(s), Crown Molding, Primary Downstairs

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: None, Porch Front

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Concrete, Driveway, Detached, Garage Faces Front, Garage

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Few Trees
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Between Broadway Ave and Miles Ave, just off of E. 131st

Price Information

Listing Price Info

Price Summary:

  • List Price: $89,900
  • Price Per SqFt: $104/SqFt
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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

12802 Melgrove Ave vs Cleveland

28 DAYS ON ROCKET

-8 Days

$89,900

-$74.3K Less

$104/SqFt

+$4 More

KEY TAKEAWAY

This property is $74.3K less than the Median Sold Price and $4/SqFt more than other homes in Cleveland, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5079672

Listing Office:

  • Office Name: RE/MAX Above & Beyond
  • Office Phone: (440) 503-6728
  • Listing Agent: Thomas N DiDonato

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, 8:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$516

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$336

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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-233637
2
/10

  • Smart Academy

  • 4351 E 131st St

  • 0.44 miles

  • Public Charter Grades KG-4

school-card-donut-233638
4
/10

  • Elmwood Elementary School

  • 5275 Turney Rd

  • 1.38 miles

  • Public District Grades KG-5

school-card-donut-233639
3
/10

  • William Foster Elementary School

  • 12801 Bangor Ave

  • 1.44 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,581. The most common annual income of people living in Cleveland, OH is between $35k-100k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Cleveland, OH

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Cleveland, OH?

Cleveland's housing market offers a diverse array of options, with single-family homes being a significant portion of the landscape. Architectural styles vary widely, featuring historic Victorian homes alongside contemporary new builds. The city's homeownership rate is robust, with a substantial percentage of residents owning their homes, while the remainder of the population opts for renting, reflecting a balanced housing economy.

Is Cleveland, OH a good place to live?

Cleveland prides itself on a rich cultural scene, underscored by its world-renowned orchestra and a vibrant arts district. The community's character is further enhanced by annual events like the Cleveland International Film Festival, which draws audiences from all over. The city's lakefront location contributes to its unique charm, offering residents and visitors picturesque views and recreational activities.

Are things conveniently located in Cleveland, OH?

The city is well-equipped with essential services, including a network of public and private schools that cater to a range of educational needs. Cleveland is also home to top-rated healthcare facilities known for their specialized care and research contributions. The public library system is extensive, providing residents with access to a wealth of resources. Retail and dining options are plentiful, reflecting the city's diverse cultural heritage and culinary scene.

What does the transportation in Cleveland, OH look like?

Cleveland's transportation infrastructure supports a variety of transit options. The public transit system includes buses with regular schedules, connecting different neighborhoods efficiently. The city is also bike-friendly, with dedicated lanes and trails. Major highways facilitate travel in and out of the city, and ongoing projects aim to improve the efficiency and accessibility of the transportation network.

Frequently Asked Questions About 12802 Melgrove Ave

What is the listing price of this property?

The listing price of 12802 Melgrove Ave property is $89,900.

What type of property is this?

The property 12802 Melgrove Ave is a house located in Cleveland, Ohio, 44105.

Is this property for sale now?

Active Listing: 12802 Melgrove Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 12802 Melgrove Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 12802 Melgrove Ave is 864 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12802 Melgrove Ave is 1925.

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44105›12802 Melgrove Ave

This home is located at 12802 Melgrove Ave in Cleveland, OH and zip code 44105. This 864 square foot home, which was built in 1925, sits on a 0.11 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $89,900.

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%. In October 2024, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $164,291.

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

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