9 days on rocket

Sale Pending

4308 W 56th St, Cleveland, OH, 44144

$115,000

Home List Price

$1,366*

Closing Credit

2 Bedrooms
1 Full Bath
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

4308 W 56th St, Cleveland$115,000

Buyer Closing Credits

$1,366*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingGarage, Paved
Garage1 space
Year Built1941
HeatingForced Air
CoolingNone
MLS #5033401
Lot Size0.12 Acres
StatusSale Pending
(Pending)

About 4308 W 56th St

Welcome to 4308 W 56th Street—a diamond in the rough awaiting your vision and expertise! This fixer-upper Cape Cod presents a prime opportunity for owner-occupants or savvy investors seeking to maximize their returns. Boasting 3 bedrooms and 1 bath, this property holds immense potential, with an expected rent (once renovated) ranging between $1,300-$1,500 per month. Situated in Cleveland, Ohio 44144, this home offers a strategic location and a promising future. With an After Repair Value (ARV) for this property is somewhere around $160,000 for similar properties in the area, the potential for substantial returns is evident. While this property is in need of renovations in order to unleash its full potential, this property is a canvas awaiting your personal touch. Don't miss out on this opportunity to make a smart investment—schedule a viewing today and seize the chance to transform this fixer-upper into a lucrative asset!

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1941

Listing Office:

  • Office Name: Real Estate Quest, Inc.
  • Office Email: rebroker216@gmail.com
  • Listing Agent: Alex V Johnson

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Garage, Paved

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: From Ridge Road, turn Right onto Memphis Avenue. Travel 0.6 mi and turn Right onto W 56th Street. Destination is 250 ft on your Right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $115,000

Tax Information:

  • Annual Amount: $1,908
  • Tax Year: 2020
House and calculator

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.

Map thumbnail provided by MapBox

Cleveland, OH

City

Med. Sold Price

$157.3K

Med. Price/SqFt

$95

Avg. Days On Market

41

# of Sold Homes

722

4308 W 56th St vs Cleveland

9 DAYS ON ROCKET

-32 Days

$115,000

-$42.3K Less

KEY TAKEAWAY

This property is $42.3K 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: #5033401

Listing Office:

  • Office Name: Real Estate Quest, Inc.
  • Office Email: rebroker216@gmail.com
  • Listing Agent: Alex V Johnson

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: 5/4/2024, 9:20:38 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

Oct 25, 2013Home Sold
$23,500
May 26, 1998Home Sold
$65,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,908$21,600
2019$1,767$21,600
2018$1,761$21,600
2017$1,741$20,590

History based on county public records data.

Payment Calculator

$641

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$411

Powered By

Rocket Mortgage

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.

Nearby Schools

school-card-donut-5865959
2
/10

  • Constellation Schools: Old Brooklyn Community Elementary School

  • 4430 State Rd

  • 0.96 miles

  • Public Charter Grades KG-4

school-card-donut-5865960
4
/10

  • Thoreau Park Elementary School

  • 5401 W 54th St

  • 1.74 miles

  • Public District Grades KG-4

school-card-donut-5865961
7
/10

  • Ridge-Brook Elementary School

  • 7915 Manhattan Ave

  • 1.78 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,242. Most Cleveland, OH residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4308 W 56th St

What is the listing price of this property?

The listing price of 4308 W 56th St property is $115,000.

What type of property is this?

The property 4308 W 56th St is a house located in Cleveland, Ohio, 44144.

Is this property for sale now?

Sale Pending: 4308 W 56th 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 $1,908 (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 25, 2013 for $23,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4308 W 56th St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The sq. ft. of 4308 W 56th St is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 4308 W 56th St is 1941.

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44144›4308 W 56th St

This home is located at 4308 W 56th St in Cleveland, OH and zip code 44144 in the Memphis Heights neighborhood. This home, which was built in 1941, sits on a 0.12 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $115,000.

Over 284 listings were sold over their listed price in April 2024 in Cleveland, OH. In the same period over 344 listings were sold below the listed price and 94 listings were sold for the listed price. The number of homes for sale in Cleveland, OH decreased by 1.2% between March 2024 and April 2024. In April 2024 median list price was $157,362 and the average listing age was 41 days.

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

More Resources