2 months on rocket

5700 Luther Ave, Cleveland, OH, 44103

$37,900

Home List Price

$450*

Closing Credit

6 Bedrooms
2 Full Baths
1,551 SqFt
$24/SqFt
Multi

Location

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5700 Luther Ave, Cleveland$37,900

Buyer Closing Credits

$450*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOff Street
Year Built1890
HeatingForced Air
CoolingNone
BasementYes
MLS #5066168
Lot Size0.19 Acres
StatusActive

About 5700 Luther Ave

2 family home in the East 55th/Superior area of Cleveland. Both units feature eat-in kitchen, living room, and 3 bedrooms (note: only 1 of the bedrooms in each unit has a closet). Down unit has new vinyl flooring in the living room and bedrooms. Up unit has carpet in the living room and bedrooms. Attic access through up unit. Partial basement with mechanicals (no laundry hookup). Off street parking behind the house. Up Unit is tenant occupied. Down Unit is vacant. No Seller Financing. Seller will not consider offers with an assignment clause. Being sold "as-is". Seller to make no repairs.

Property Details

Property Features

Property Information:

  • Year Built: 1890
  • Stories: 2
  • Living Area: 1,551 SqFt

Listing Office:

  • Office Name: RE/MAX Haven Realty
  • Office Phone: (216) 798-1938
  • Listing Agent: Gregory A Scott

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: South of Superior. East of East 55th.

Price Information

Listing Price Info

Price Summary:

  • List Price: $37,900
  • Price Per SqFt: $24/SqFt

Tax Information:

  • Annual Amount: $313
  • 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

5700 Luther Ave vs Cleveland

67 DAYS ON ROCKET

+31 Days

$37,900

-$126.3K Less

$24/SqFt

-$76 Less

KEY TAKEAWAY

This property is $126.3K less than the Median Sold Price and $76/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: #5066168

Listing Office:

  • Office Name: RE/MAX Haven Realty
  • Office Phone: (216) 798-1938
  • Listing Agent: Gregory A Scott

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: 11/5/2024, 6:20:53 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

YEARPROP. TAXASSESSMENT
2020$313$3,540
2019$289$3,540
2018$1,542$3,540
2017$261$3,090

History based on county public records data.

Payment Calculator

$257

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$180

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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-1850920
5
/10

  • East Preparatory Academy

  • 4129 Superior Ave

  • 0.56 miles

  • Public Charter Grades KG-6

school-card-donut-1850921
5
/10

  • Village Preparatory School

  • 1415 E 36th St Fl 2

  • 0.86 miles

  • Public Charter Grades KG-4

school-card-donut-1850922
6
/10

  • Campus International School

  • 3000 Euclid Ave

  • 1.29 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 $18,475. The majority of Cleveland, OH residents have income less than $35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44103›5700 Luther Ave

This home is located at 5700 Luther Ave in Cleveland, OH and zip code 44103 in the Hough neighborhood. This 1,551 square foot home, which was built in 1890, sits on a 0.19 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $37,900.

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 number of homes for sale 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.

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