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7712 Bancroft Ave, Cleveland, OH, 44105

$63,000

Home List Price

$748*

Closing Credit

2 Bedrooms
1 Full Bath
House

Location

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7712 Bancroft Ave, Cleveland$63,000

Buyer Closing Credits

$748*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete
Garage2 spaces
Year Built1955
HeatingForced Air
CoolingNone
BasementYes
MLS #5082888
Lot Size0.11 Acres
StatusActive

About 7712 Bancroft Ave

Investor Alert! Cash-flowing 2-bedroom, 1-bath property already occupied by a reliable Section 8 tenant on a year-long lease. This turnkey rental features new vinyl siding, updated electrical, fresh vinyl flooring in kitchen and bath, new furnace, and new hot water tank. Perfect for investors seeking immediate income with minimal upkeep. Secure, steady cash flow—don't miss this prime opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1955
  • Stories: 1

Listing Office:

  • Office Name: Smartland, LLC.
  • Office Email: realty@smartland.com
  • Listing Agent: Reggie Crumpton

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Concrete

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: off of Warner Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $63,000

Tax Information:

  • Annual Amount: $1,401
  • 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

7712 Bancroft Ave vs Cleveland

1 DAY ON ROCKET

-35 Days

$63,000

-$101.2K Less

KEY TAKEAWAY

This property is $101.2K less than the Median Sold Price in Cleveland, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5082888

Listing Office:

  • Office Name: Smartland, LLC.
  • Office Email: realty@smartland.com
  • Listing Agent: Reggie Crumpton

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, 5:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 30, 2018Home Sold
$19,000
Nov 16, 2005Home Sold
$41,500

Tax History

YEARPROP. TAXASSESSMENT
2020$1,401$15,860
2019$1,297$15,860
2018$1,293$15,860
2017$1,051$12,430

History based on county public records data.

Payment Calculator

$382

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$255

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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-3458
8
/10

  • Cuyahoga Hts Elementary School

  • 4880 E 71st St

  • 0.83 miles

  • Public District Grades PK-5

school-card-donut-3459
5
/10

  • Constellation Schools: Eastside Arts Academy

  • 6804 Lansing Ave

  • 1.31 miles

  • Public Charter Grades KG-5

school-card-donut-3460
4
/10

  • Elmwood Elementary School

  • 5275 Turney Rd

  • 1.80 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 $23,229. The most common annual income of people living in Cleveland, OH is less than $35k. Residents typically live in single, no kids family. 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 7712 Bancroft Ave

What is the listing price of this property?

The listing price of 7712 Bancroft Ave property is $63,000.

What type of property is this?

The property 7712 Bancroft Ave is a house located in Cleveland, Ohio, 44105.

Is this property for sale now?

Active Listing: 7712 Bancroft Ave 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 $1,401 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 30, 2018 for $19,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7712 Bancroft Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The sq. ft. of 7712 Bancroft Ave is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 7712 Bancroft Ave is 1955.

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44105›7712 Bancroft Ave

This home is located at 7712 Bancroft Ave in Cleveland, OH and zip code 44105 in the Broadway-Slavic village neighborhood. This home, which was built in 1955, sits on a 0.11 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 05, 2024 and is currently priced at $63,000.

Cleveland, OH housing market in October 2024 saw over 275 listings sold above listed price, more than 110 sold at listed price and over 333 sold below. In October 2024 in Cleveland, OH there were 4.7% more homes for sale than in September 2024. Listings spent 36 days on the market in October 2024, and had a median list price of $164,291 during the same period.

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

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