24 days on rocket

Backup Offers

1201 N Lockwood Ave, East Cleveland, OH, 44112

$20,000

Home List Price

$238*

Closing Credit

4 Bedrooms
2 Full Baths
Multi
Schools Nearby

Location

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1201 N Lockwood Ave, East Cleveland$20,000

Buyer Closing Credits

$238*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingNone
Year Built1914
HeatingHot Water, Steam
CoolingNone
BasementYes
MLS #5028761
Lot Size0.07 Acres
StatusAccepting Backup Offers
(Contingent)

About 1201 N Lockwood Ave

Post foreclosure sale! Large duplex with 2 bedrooms and 1 bathroom in each unit. In need of full rehab. Bring your construction team and your vision and restore this property to its former glory. The property will be sold in the immediate future to the best offer. Point of sale inspection is on order; buyer to assume responsibility for all violations. Cash or hard money offers only. The owner will give strong preference to offers without any contingencies except for clear title. Being sold AS IS and the seller will not make any repairs. No wholesalers. Offers with assignment clauses will be rejected.

Property Details

Property Features

Property Information:

  • Year Built: 1914

Listing Office:

  • Office Name: CTM Organization LLC
  • Office Email: tim@tim-murphy.org
  • Listing Agent: C. Timothy Murphy III

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Hot Water, Steam
  • Cooling: None

School Info

Assigned Schools Information:

  • Shaw High School, Public District Grades 9-12
  • Heritage Middle School, Public District Grades 7-8
  • Mayfair Elementary School, Public District Grades KG-6
  • Chambers Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Lockwood, off Superior.

Price Information

Listing Price Info

Price Summary:

  • List Price: $20,000

Tax Information:

  • Annual Amount: $835
  • Tax Year: 2019
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Housing Market Comparison

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

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East Cleveland, OH

City

Med. Sold Price

$55K

Med. Price/SqFt

$26

Avg. Days On Market

82

# of Sold Homes

7

1201 N Lockwood Ave vs East Cleveland

24 DAYS ON ROCKET

-58 Days

$20,000

-$35K Less

KEY TAKEAWAY

This property is $35K less than the Median Sold Price in East Cleveland, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5028761

Listing Office:

  • Office Name: CTM Organization LLC
  • Office Email: tim@tim-murphy.org
  • Listing Agent: C. Timothy Murphy III

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: 4/29/2024, 4:25:21 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

Jun 17, 2020Home Sold
$65,000
Oct 16, 2018Home Sold
$13,500

Tax History

YEARPROP. TAXASSESSMENT
2019$835$25,000
2018$1,153$8,750
2017$1,359$13,550

History based on county public records data.

Payment Calculator

$167

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$126

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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.

Elementary School

school-card-donut-3219761
3
/10

  • Mayfair Elementary School

  • 13916 Mayfair Ave

  • 0.76 miles

  • Public District Grades KG-6

school-card-donut-3219762
3
/10

  • Chambers Elementary School

  • 14121 Shaw Ave

  • 1.19 miles

  • Public District Grades KG-6

Middle School

school-card-donut-3219763
3
/10

  • Heritage Middle School

  • 14410 Terrace Rd

  • 0.90 miles

  • Public District Grades 7-8

High School

school-card-donut-3219764
2
/10

  • Shaw High School

  • 15320 Euclid Ave

  • 1.34 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $14,728. The most common annual income of people living in East Cleveland, OH is less than $35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Cuyahoga County›East Cleveland›44112›1201 N Lockwood Ave

This home is located at 1201 N Lockwood Ave in East Cleveland, OH and zip code 44112. This home, which was built in 1914, sits on a 0.07 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $20,000.

Over 2 listings were sold over their listed price in March 2024 in East Cleveland, OH. In the same period over 5 listings were sold below the listed price and 0 listings were sold for the listed price. The inventory of homes for sale in East Cleveland, OH between February 2024 and March 2024 decreased by 17.7%. While the average time on the market in March 2024 was 82 days, the median list price was $55,000.

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

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