2 months on rocket

3730 Keri Ln NE, Cleveland, TN, 37312

$3,250,000

0 Baths
22,320 SqFt
$146/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingParking Lot
Year Built1978
HeatingCentral, Electric
CoolingCentral Air
MLS #2704386
StatusActive

About 3730 Keri Ln NE

Introducing a prime investment opportunity in Northeast Cleveland, Tennessee: 24 two-bedroom condo apartments in a well-regarded residential area. This community benefits from its proximity to major employers like Whirlpool, Eaton Corp, Hardwick, and M&M Mars, contributing to Cleveland's ranking as the 5th Best Place in the U.S. for manufacturing careers. With new management at Grant Havens Condominiums, the property has been successfully stabilized, featuring numerous renovations and increased rental rates. This presents significant upside potential for investors, with the option to purchase the entire portfolio or select units.

Property Details

Property Features

Property Information:

  • Year Built: 1978
  • Living Area: 22,320 SqFt

Listing Office:

  • Office Name: Keller Williams Cleveland
  • Office Phone: (423) 813-9800
  • Listing Agent: William Eilf

Interior Features

Interior Information:

  • Flooring Type: Carpet, Vinyl

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Parking Lot

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take Ocoee St. N to east onto Blythe Ferry Rd NE left onto Keri Lane NE on right

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,250,000
  • Price Per SqFt: $146/SqFt
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Housing Market Comparison

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

Med. Sold Price

$318.2K

Med. Price/SqFt

$181

Avg. Days On Market

31

# of Sold Homes

110

3730 Keri Ln NE vs Cleveland

66 DAYS ON ROCKET

+35 Days

$3,250,000

+$2.9M More

$146/SqFt

-$36 Less

KEY TAKEAWAY

This property is $2.9M more than the Median Sold Price and $36/SqFt less than other homes in Cleveland, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REALTRAC
  • MLS Number: #2704386

Listing Office:

  • Office Name: Keller Williams Cleveland
  • Office Phone: (423) 813-9800
  • Listing Agent: William Eilf

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX© 2024 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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.
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, 6:18:48 PM 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

$16.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,810

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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-384054
3
/10
  • Mayfield Elementary School

  • 501 20th St NE

  • 1.54 miles

  • Public District Grades KG-5

school-card-donut-384055
8
/10
  • Michigan Avenue Elementary School

  • 188 Michigan Avenue School Rd NE

  • 1.62 miles

  • Public District Grades KG-5

school-card-donut-384056
7
/10
  • North Lee Elementary School

  • 205 Sequoia Rd NW

  • 1.94 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,097. Residents of Cleveland, TN typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Cleveland, TN

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, TN?

Cleveland's housing market offers a diverse array of options, with single-family homes being a significant presence. A mix of architectural styles is evident, ranging from traditional to contemporary, reflecting the city's growth over various periods. While the majority of homes are owner-occupied, a substantial portion of the population opts for rental properties, including apartments and townhouses.

Is Cleveland, TN a good place to live?

Cleveland is celebrated for its vibrant community spirit and rich historical backdrop. The city prides itself on a calendar filled with local events and festivals that showcase its cultural heritage and foster a sense of togetherness among residents. The community's character is further defined by its scenic parks and commitment to preserving its unique Southern charm.

Are things conveniently located in Cleveland, TN?

The community is served by a robust educational system, with multiple public and private schools catering to a range of educational needs. Healthcare services are comprehensive, with facilities offering a spectrum of care including urgent and primary care. The public library system supports lifelong learning, and the city's retail and dining establishments reflect the local culture, with an emphasis on Southern cuisine and hospitality.

What does the transportation in Cleveland, TN look like?

Cleveland's transport infrastructure supports both private and public transit options, with a focus on improving connectivity and reducing commute times. The city's layout promotes walkability in several districts, and there are initiatives to enhance bikeability. Major roads and highways facilitate travel to and from the city, and public transportation is available to assist residents in their daily commutes.

Frequently Asked Questions About 3730 Keri Ln NE

What is the listing price of this property?

The listing price of 3730 Keri Ln NE property is $3,250,000.

What type of property is this?

The property 3730 Keri Ln NE is a house located in Cleveland, Tennessee, 37312.

Is this property for sale now?

Active Listing: 3730 Keri Ln NE is For Sale (Active/New) which means the seller is accepting offers.

What is the square footage of this property?

The property 3730 Keri Ln NE is 22,320 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3730 Keri Ln NE is 1978.
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Rocket HomesTennesseeBradley CountyCleveland373123730 Keri Ln NE

This home is located at 3730 Keri Ln NE in Cleveland, TN and zip code 37312. This 22,320 square foot home was built in 1978. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $3,250,000.

While more than 22 listings in Cleveland, TN in October 2024 were sold above asking price, there were more than 36 listings sold at asking price, and more than 52 were sold below. The inventory of homes for sale in Cleveland, TN between September 2024 and October 2024 decreased by 6.8%. The median list price of listings available in October 2024 was $318,238, while the average time on the real estate market was 31 days.

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

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