626 E 127th St, Cleveland, OH, 44108

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

626 E 127th St, Cleveland$54,000

Buyer Closing Credits

$641^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

Garage1 space

Year Built1918

BasementYes

MLS #224042276

Lot Size0.10 Acres

StatusActive

About 626 E 127th St

Attention investors. This colonial-style home at 626 E 127th St, Cleveland, offers a fantastic opportunity to add to your rental portfolio or begin a new renovation project. Featuring a brand-new roof, fresh siding, and new paint on the exterior. This property is ready for the next steps in its transformation! Located in a neighborhood with easy access to major highways and amenities, this home is ideal for tenants or resale. Don?t miss this low-maintenance, high-potential investment!

View More

Property Details

Property Features

Property Information:

• Architectural Style: 2 Story
• Year Built: 1918
• Living Area: 1,248 SqFt

Listing Office:

• Office Name: Joseph Walter Realty, LLC
• Office Phone: (888) 227-1009
• Listing Agent: Scott Fader

Interior Features

Interior Information:

• Basement: Yes

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 3

Exterior Features

Parking Information:

• Garage Space: 1 space

Lot Features

Lot Information:

• Lot Size: 0.10 Acres

Other

Directions Information:

• Directions: For convenient access, take Interstate 90 East from downtown Cleveland. Exit onto Eddy Road and turn right. Continue to Shaw Avenue and make a left. From Shaw Avenue, turn right onto East 127th Street.

Price Information

Listing Price Info

Price Summary:

• List Price: $54,000
• Price Per SqFt: $43/SqFt

Tax Information:

• Annual Amount: $251
• Tax Year: 2020

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

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

Cleveland, OH

City

Med. Sold Price

$165K

Med. Price/SqFt

$100

Avg. Days On Market

41

# of Sold Homes

629

626 E 127th St vs Cleveland

1 DAY ON ROCKET

-40 Days

$54,000

-$111K Less

$43/SqFt

-$58 Less

KEY TAKEAWAY

This property is $111K less than the Median Sold Price and $58/SqFt less than other homes in Cleveland, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: Columbus and Central Ohio Regional MLS
• MLS Number: #224042276

Listing Office:

• Office Name: Joseph Walter Realty, LLC
• Office Phone: (888) 227-1009
• Listing Agent: Scott Fader

The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.

Copyright © 2024 Columbus and Central Ohio Regional Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:51:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Apr 28, 2021	Apr 28, 2021Home Sold	$16,700

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$251	$2,840
2019	$791	$2,840
2018	$525	$2,840
2017	$78	$950

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.

$337

Per Month

Principal & Interest

$270

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

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 Payment

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.

$Down PaymentPercent%

Loan Term

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.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

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

Monthly Premium

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

Monthly Premium

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

Monthly Fees

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

Monthly Cost

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

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$228

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44108›626 E 127th St

This home is located at 626 E 127th St in Cleveland, OH and zip code 44108 in the Glenville neighborhood. This 1,248 square foot home, which was built in 1918, sits on a 0.10 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $54,000.

Cleveland, OH housing market in November 2024 saw over 223 listings sold above listed price, more than 96 sold at listed price and over 310 sold below. The inventory of homes for sale in Cleveland, OH between October 2024 and November 2024 decreased by 4.7%. The median list price of listings available in November 2024 was $165,015, while the average time on the real estate market was 41 days.

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