2 months on rocket

7513 Herman Ave, Cleveland, OH, 44102

$364,999

Home List Price

$4,334*

Closing Credit

4 Bedrooms
2 Full Baths
3,483 SqFt
$105/SqFt
Multi

Location

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7513 Herman Ave, Cleveland$364,999

Buyer Closing Credits

$4,334*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway, Garage
Garage2 spaces
Year Built1920
HeatingForced Air
CoolingNone
BasementYes
MLS #5064226
Lot Size0.11 Acres
StatusActive

About 7513 Herman Ave

Calling all investors! This house is turnkey and ready to make money now! Completely renovated from head to toe, this house is perfect for a house hack, long-term rental, or short-term rental. Located in the heart of Gordon Square and very close to Edgewater Park. Instant equity. It was appriased for 396k in in April, will share upon request.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 2
  • Living Area: 3,483 SqFt

Listing Office:

  • Office Name: Ohio Property Group, LLC
  • Office Email: support@ohiomlsflatfee.com
  • Listing Agent: Glen G Whitten

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Driveway, Garage

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: just north of detroit rd, right by edge water park

Price Information

Listing Price Info

Price Summary:

  • List Price: $364,999
  • Price Per SqFt: $105/SqFt

Tax Information:

  • Annual Amount: $2,822
  • 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

7513 Herman Ave vs Cleveland

75 DAYS ON ROCKET

+39 Days

$364,999

+$200.7K More

$105/SqFt

+$5 More

KEY TAKEAWAY

This property is $200.7K more than the Median Sold Price and $5/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: #5064226

Listing Office:

  • Office Name: Ohio Property Group, LLC
  • Office Email: support@ohiomlsflatfee.com
  • Listing Agent: Glen G Whitten

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, 6:21:06 PM 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$2,822$32,410
2019$2,610$32,410
2018$2,602$32,410
2017$1,808$21,740

History based on county public records data.

Payment Calculator

$1,889

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,161

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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-2097063
5
/10

  • Louisa May Alcott Elementary School

  • 10308 Baltic Rd

  • 1.04 miles

  • Public District Grades KG-5

school-card-donut-2097064
4
/10

  • Constellation Schools: Stockyard Community Elementary School

  • 3200 W 65th St

  • 1.18 miles

  • Public Charter Grades KG-6

school-card-donut-2097065
6
/10

  • Near West Intergenerational School

  • 3805 Terrett Ave

  • 1.19 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $16,557. Typical income of Cleveland, OH residents is 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›44102›7513 Herman Ave

This home is located at 7513 Herman Ave in Cleveland, OH and zip code 44102 in the Detroit-Shoreway neighborhood. This 3,483 square foot home, which was built in 1920, sits on a 0.11 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $364,999.

In October 2024 more than 275 listings in Cleveland, OH were sold above the asking price. During the same period more than 110 listings were sold at asking price, while more than 333 were sold below. In October 2024 in Cleveland, OH there were 4.7% more homes for sale than in September 2024. While the average time on the market in October 2024 was 36 days, the median list price was $164,291.

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

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