This property presents a prime investment opportunity for those looking to capitalize on the rental market. While the home requires a full rehab, its potential rental income of $1,500 per month post-renovation makes it a lucrative prospect. With the right vision and investment, transform this diamond in the rough into a profitable rental asset!
Property Details
Property Features
Property Information:
Architectural Style: Colonial
Year Built: 1880
Living Area: 1,085 SqFt
Listing Office:
Office Name: EXP Realty, LLC.
Office Phone: (216) 541-9164
Listing Agent: Lovie Hogan
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 2 spaces
Attached Garage: No
Parking: Garage
Lot Features
Lot Information:
Lot Size: 0.08 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: None
Other
Directions Information:
Directions: Broadway to E 93rd to Union Ave
Price Information
Listing Price Info
Price Summary:
List Price: $40,000
Price Per SqFt: $37/SqFt
Tax Information:
Annual Amount: $653
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 $124.2K less than the Median Sold Price and $63/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: #5075751
Listing Office:
Office Name: EXP Realty, LLC.
Office Phone: (216) 541-9164
Listing Agent: Lovie Hogan
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 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
DATE
EVENT
PRICE
Oct 24, 2001
Oct 24, 2001Home Sold
$29,000
Aug 31, 2001
Aug 31, 2001Home Sold
$22,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$653
$7,390
2019
$604
$7,390
2018
$602
$7,390
2017
$1,078
$7,390
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.
$267
Per Month
Principal & Interest
$200
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
$186
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
Village Preparatory School:: Woodland Hills Campus
9201 Crane Ave
Distance between this listing and this school0.15 miles
Public Charter Grades KG-3
5
/10
Constellation Schools: Eastside Arts Academy
6804 Lansing Ave
Distance between this listing and this school1.43 miles
Public Charter Grades KG-5
3
/10
Phoenix Village Academy Primary 2
12601 Shaker Blvd
Distance between this listing and this school1.92 miles
Public Charter Grades 3-6
Nearby Schools
4
/10
Nathan Hale School
3588 Martin Luther King Jr Dr
Distance between this listing and this school0.62 miles
Public District Grades PK-8
3
/10
Miles Park School
4090 E 93rd St
Distance between this listing and this school1.08 miles
Public District Grades KG-8
3
/10
Anton Grdina
2955 E 71st St
Distance between this listing and this school1.44 miles
Public District Grades PK-8
Nearby Schools
1
/10
John Adams High School
3817 Martin Luther King Jr Dr
Distance between this listing and this school1.09 miles
Public District Grades 9-12
1
/10
George V. Voinovich Reclamation Academy
11801 Buckeye Rd
Distance between this listing and this school1.56 miles
Public Charter Grades 9-12
2
/10
Life Skills of Northeast Ohio
12201 Larchmere Blvd
Distance between this listing and this school2.07 miles
The neighbors living near this home have an average income of $29,865. Most Cleveland, OH residents have annual incomes less than $35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 9508 Union Ave
What is the listing price of this property?
The listing price of 9508 Union Ave property is $40,000.
What type of property is this?
The property 9508 Union Ave is a house located in Cleveland, Ohio, 44105.
Is this property for sale now?
Active Listing: 9508 Union 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 $653 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on October 24, 2001 for $29,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 9508 Union Ave has 4 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 9508 Union Ave is 1,085 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 9508 Union Ave is 1880.
This home is located at 9508 Union Ave in Cleveland, OH and zip code 44105 in the Union / Miles neighborhood. This 1,085 square foot home, which was built in 1880, sits on a 0.08 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 07, 2024 and is currently priced at $40,000.
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. 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.