5 months on rocket

Sale Pending

1386 E 188th St, Cleveland, OH, 44110

$73,000

Home List Price

$867*

Closing Credit

3 Bedrooms
1 Full Bath
910 SqFt
$80/SqFt
House
Schools Nearby

Location

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1386 E 188th St, Cleveland$73,000

Buyer Closing Credits

$867*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNo Garage, Paved
Year Built1953
HeatingForced Air, Natural Gas
CoolingNone
MLS #4488187
Lot Size0.15 Acres
StatusSale Pending
(Pending)

About 1386 E 188th St

Investment opportunity awaits at this prime location just off East 188th and Cleveland. The current tenant, paying $750 monthly, has been a long-term occupant, yet the lease is set to expire in January. This presents a fantastic chance for serious buyers to step in and capitalize on this turnkey investment. With a strategic position near local amenities, including shops, restaurants, and public transportation, the property offers great potential for increased future rent. However, please note that showings require a 48-hour notice to accommodate the current tenant. Don't miss out on this chance to secure a solid, cash-flowing investment with promising prospects for growth. For interior photos contact us!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1953
  • Stories: 1
  • Living Area: 910 SqFt

Listing Office:

  • Office Name: Keller Williams Citywide
  • Office Phone: (216) 916-7778
  • Listing Agent: Gregory Erlanger

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Range, Refrigerator, Washer
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: No Garage, Paved

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: Head South on Nottingham Rd, turn right onto Melville Rd, turn left onto East 188th st.

Price Information

Listing Price Info

Price Summary:

  • List Price: $73,000
  • Price Per SqFt: $80/SqFt

Tax Information:

  • Annual Amount: $1,688
  • 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

$157.2K

Med. Price/SqFt

$95

Avg. Days On Market

45

# of Sold Homes

634

1386 E 188th St vs Cleveland

158 DAYS ON ROCKET

+113 Days

$73,000

-$84.2K Less

$80/SqFt

-$15 Less

KEY TAKEAWAY

This property is $84.2K less than the Median Sold Price and $15/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: #4488187

Listing Office:

  • Office Name: Keller Williams Citywide
  • Office Phone: (216) 916-7778
  • Listing Agent: Gregory Erlanger

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, 4:25:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 09, 2017Home Sold
$17,800
May 10, 2011Home Sold
$94,900

Tax History

YEARPROP. TAXASSESSMENT
2020$1,688$19,110
2019$248$3,040
2018$247$3,040
2017$278$3,290

History based on county public records data.

Payment Calculator

$432

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$285

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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.

Nearby Schools

school-card-donut-2862676
4
/10

  • Arbor Elementary School

  • 20400 Arbor Ave

  • 1.64 miles

  • Public District Grades KG-5

school-card-donut-2862677
4
/10

  • Oxford Elementary School

  • 939 Quilliams Rd

  • 2.37 miles

  • Public District Grades KG-5

school-card-donut-2862678
3
/10

  • Chambers Elementary School

  • 14121 Shaw Ave

  • 2.69 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,364. The majority of Cleveland, OH residents have income between $35k-100k annually. Typical family type 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 1386 E 188th St

What is the listing price of this property?

The listing price of 1386 E 188th St property is $73,000.

What type of property is this?

The property 1386 E 188th St is a house located in Cleveland, Ohio, 44110.

Is this property for sale now?

Sale Pending: 1386 E 188th St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,688 (source: MLS/based on county public records data).

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

The last sale was on November 9, 2017 for $17,800. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1386 E 188th St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1386 E 188th St is 910 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1386 E 188th St is 1953.

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44110›1386 E 188th St

This home is located at 1386 E 188th St in Cleveland, OH and zip code 44110 in the Collinwood Nottingham neighborhood. This 910 square foot home, which was built in 1953, sits on a 0.15 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 22, 2023 and is currently priced at $73,000.

In March 2024 more than 217 listings in Cleveland, OH were sold above the asking price. During the same period more than 99 listings were sold at asking price, while more than 318 were sold below. The number of homes for sale in Cleveland, OH increased by 5.3% between February 2024 and March 2024. Listings spent 45 days on the market in March 2024, and had a median list price of $157,247 during the same period.

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

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