This Well Maintained 3 Bedroom, 1 Bathroom Investment Property Offers A Lucrative Opportunity For Both New And Seasoned Investors Alike. This Home Features A Classic Layout With Spacious Bedrooms, Cozy Living Quarters And Has Been Leased Through 10/31/2025 At $1,300/Month. The Brand-New Kitchen Has Been Updated With New Cabinets, Tile Backsplash, Countertops, Fixtures, And LVP Flooring. The Full Bathroom Has Been Renovated With A Tiled Shower/Tub Combo, Vanity, Tiled Floor And Fresh Neutral Paint. Additional Upgrades Include Fresh Neutral Paint Throughout And An All-New Roof (2024). Here's The Perfect Chance To Benefit From Cleveland’s Growing Rental Market And High Demand For Quality Housing. Easy Access To All That Cleveland Has To Offer, Including Major Highways, World Renowned Hospitals, Shopping, Dining, And More!
Property Details
Property Features
Property Information:
Architectural Style: Cape Cod
Year Built: 1900
Living Area: 877 SqFt
Listing Office:
Office Name: RE/MAX Above & Beyond
Office Phone: (440) 773-3552
Listing Agent: Thomas Fischer
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Attached Garage: No
Parking: Driveway, Off Street
Lot Features
Lot Information:
Lot Size: 0.10 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: None
Other
Directions Information:
Directions: South of Lorain Rd, North of Clark Ave.
Price Information
Listing Price Info
Price Summary:
List Price: $134,900
Price Per SqFt: $154/SqFt
Tax Information:
Annual Amount: $294
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Cleveland, OH.
This property is $29.3K less than the Median Sold Price and $54/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: #5084962
Listing Office:
Office Name: RE/MAX Above & Beyond
Office Phone: (440) 773-3552
Listing Agent: Thomas Fischer
Copyright 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, 3:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$294
$3,330
2019
$272
$3,330
2018
$271
$3,330
2017
$545
$6,450
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$741
Per Month
Principal & Interest
$674
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$471
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Constellation Schools: Stockyard Community Elementary School
3200 W 65th St
Distance between this listing and this school0.64 miles
Public Charter Grades KG-6
5
/10
Louisa May Alcott Elementary School
10308 Baltic Rd
Distance between this listing and this school2.15 miles
Public District Grades KG-5
2
/10
Constellation Schools: Old Brooklyn Community Elementary School
4430 State Rd
Distance between this listing and this school2.58 miles
Public Charter Grades KG-4
Nearby Schools
7
/10
Menlo Park Academy
2149 W 53rd St
Distance between this listing and this school0.23 miles
Public Charter Grades KG-8
6
/10
Clark PreK-8 School
5550 Clark Ave
Distance between this listing and this school0.26 miles
Public District Grades PK-8
4
/10
Lincoln Park Academy
3185 W 41st St
Distance between this listing and this school0.38 miles
Public Charter Grades KG-8
Nearby Schools
3
/10
Thomas Jefferson School
3145 W 46th St
Distance between this listing and this school0.16 miles
Public District Grades PK-12
2
/10
Max S. Hayes High School
2211 W 65th St
Distance between this listing and this school0.53 miles
Public District Grades 9-12
2
/10
Frederick Douglass High School
3167 Fulton Rd
Distance between this listing and this school0.62 miles
The neighbors living near this home have an average income of $24,085. The most common annual income of people living in Cleveland, OH is less than $35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3063 W 47th St
What is the listing price of this property?
The listing price of 3063 W 47th St property is $134,900.
What type of property is this?
The property 3063 W 47th St is a house located in Cleveland, Ohio, 44102.
Is this property for sale now?
Active Listing: 3063 W 47th St 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 $294 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 3063 W 47th St has 3 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 3063 W 47th St is 877 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 3063 W 47th St is 1900.
This home is located at 3063 W 47th St in Cleveland, OH and zip code 44102 in the Taylor & Hoyat neighborhood. This 877 square foot home, which was built in 1900, sits on a 0.10 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 18, 2024 and is currently priced at $134,900.
In October 2024, from all listings sold in Cleveland, OH there were more than 275 sold above asking price, over 333 sold below and more than 110 were sold right at the asked price. The number of homes for sale in Cleveland, OH increased by 4.7% between September 2024 and October 2024. In October 2024 median list price was $164,291 and the average listing age was 36 days.
From Rocket Homes Real Estate and based on county public records data.