Investor special, estimated rent $850-950, 2 bed/1bath. Features: 2-car garage, spacious front porch. Conveniently located near freeways, shopping, University Circle, Amazon, and just minutes to the airport and Downtown Cleveland. Seller prefers as-is sale. Professional management in place.
Property Details
Property Features
Property Information:
Architectural Style: Colonial
Year Built: 1914
Stories: 2
Living Area: 1,260 SqFt
Listing Office:
Office Name: Century 21 Homestar
Office Phone: (216) 373-7727
Listing Agent: Michael A Ferrante
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Private Pool: No
Exterior: Porch
Parking Information:
Garage Space: 2 spaces
Attached Garage: No
Parking: Garage
Lot Features
Lot Information:
Lot Size: 0.10 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Cooling: None
Other
Directions Information:
Directions: North of St Clair
Price Information
Listing Price Info
Price Summary:
List Price: $60,000
Price Per SqFt: $48/SqFt
Tax Information:
Annual Amount: $711
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 $104.2K less than the Median Sold Price and $52/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: #5064201
Listing Office:
Office Name: Century 21 Homestar
Office Phone: (216) 373-7727
Listing Agent: Michael A Ferrante
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: 11/5/2024, 8:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Mar 16, 2021
Mar 16, 2021Home Sold
$63,288
Jun 20, 2016
Jun 20, 2016Home Sold
$59,725
Feb 02, 2016
Feb 02, 2016Home Sold
$15,055
Apr 17, 2000
Apr 17, 2000Home Sold
$83,500
Mar 21, 2000
Mar 21, 2000Home Sold
$40,000
Jun 26, 1998
Jun 26, 1998Home Sold
$65,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$711
$8,050
2019
$658
$8,050
2018
$656
$8,050
2017
$1,086
$12,850
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.
$367
Per Month
Principal & Interest
$300
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
$246
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
3
/10
Citizens Academy East
12523 Woodside Ave
Distance between this listing and this school0.89 miles
Public Charter Grades KG-3
3
/10
Mayfair Elementary School
13916 Mayfair Ave
Distance between this listing and this school1.47 miles
Public District Grades KG-6
3
/10
Chambers Elementary School
14121 Shaw Ave
Distance between this listing and this school1.48 miles
Public District Grades KG-6
Nearby Schools
3
/10
Franklin D. Roosevelt
800 Linn Dr
Distance between this listing and this school0.51 miles
Public District Grades PK-8
3
/10
Patrick Henry School
11901 Durant Ave
Distance between this listing and this school0.73 miles
Public District Grades PK-8
2
/10
Iowa-Maple Elementary School
12510 Maple Ave
Distance between this listing and this school0.81 miles
Public District Grades PK-8
Nearby Schools
2
/10
Glenville High School
650 E 113th St
Distance between this listing and this school0.35 miles
Public District Grades 9-12
2
/10
Langston Hughes High School
10450 Superior Ave
Distance between this listing and this school1.48 miles
Public Charter Grades 9-12
5
/10
Cleveland School of The Arts High School
10700 Churchill Ave
Distance between this listing and this school1.54 miles
The neighbors living near this home have an average income of $19,200. Most Cleveland, OH residents have annual incomes less than $35k. The most common type of family is single, no kids. 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 540 E 108th St
What is the listing price of this property?
The listing price of 540 E 108th St property is $60,000.
What type of property is this?
The property 540 E 108th St is a house located in Cleveland, Ohio, 44108.
Is this property for sale now?
Active Listing: 540 E 108th 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 $711 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 16, 2021 for $63,288. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 540 E 108th St has 2 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 540 E 108th St is 1,260 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 540 E 108th St is 1914.
This home is located at 540 E 108th St in Cleveland, OH and zip code 44108 in the Glenville neighborhood. This 1,260 square foot home, which was built in 1914, sits on a 0.10 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $60,000.
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 listings in Cleveland, OH increased by 4.7% between September 2024 and October 2024. The median list price of listings available in October 2024 was $164,291, while the average time on the real estate market was 36 days.
From Rocket Homes Real Estate and based on county public records data.