Closed

$55,000

23878 Banbury Cir APT 3, Warrensville Heights, OH 44128

2beds

1,116sqft

Condominium

Built in 1963

-- sqft lot

$65,100 Zestimate^®

$49/sqft

$1,227 Estimated rent

Home value

$65,100

$56,000 - $75,000

$1,227/mo

Zestimate^® history

Owner options

List your home for rent

$1,227/mo

Rent Zestimate^®

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$1,227/mo

Rent Zestimate^®

Refinance and save

$446/mo

Est. payment

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$446/mo

Est. payment

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What's special

Discover a prime investment opportunity with this recently updated turnkey condo in the desirable Myles Landing community. This property boasts fresh paint, new vinyl flooring, updated carpeting, and refreshed kitchen and bathroom finishes, alongside a new hot water heater. Currently leased to a market rate tenant at $1,050 per month under an annual lease expiring 7/31/2025, this condo offers a remarkable chance for a hands-off rental investment with an impressive cap rate exceeding 11%. Don't miss out on this lucrative addition to your real estate portfolio!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1
Main level bathrooms: 1

Heating

Forced Air

Cooling

None

Appliances

Laundry: In Unit

Features

Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,116
Total interior livable area: 1,116 sqft
Finished area above ground: 1,116

Property

Parking

Parking features: On Site, Paved

Features

Levels: Two
Stories: 2

Details

Parcel number: 76317419
Special conditions: Standard

Construction

Type & style

Home type: Condo
Architectural style: Other
Property subtype: Condominium

Materials

Brick
Roof: Asphalt,Fiberglass

Condition

Updated/Remodeled
Year built: 1963

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Banbury Village Condo

HOA

Has HOA: Yes
Services included: Association Management, Insurance, Maintenance Grounds, Maintenance Structure
HOA fee: $125 monthly
HOA name: Banbury Village

Location

Region: Warrensville Heights

Financial & listing details

Price per square foot: $49/sqft
Tax assessed value: $45,000
Annual tax amount: $839
Date on market: 8/9/2024
Cumulative days on market: 22 days
Listing terms: Cash,Conventional,1031 Exchange

Price history

Date	Event	Price
4/2/2025	Listing removed	$1,050$1/sqft
Source: Zillow Rentals Report a problem
2/25/2025	Listed for rent	$1,050$1/sqft
Source: Zillow Rentals Report a problem
2/24/2025	Listing removed	$1,050$1/sqft
Source: Zillow Rentals Report a problem
2/3/2025	Listed for rent	$1,050$1/sqft
Source: Zillow Rentals Report a problem
9/20/2024	Sold	$55,000-11.1%$49/sqft
Source: MLS Now #5060299 Report a problem
8/29/2024	Pending sale	$61,900$55/sqft
Source: MLS Now #5060299 Report a problem
8/9/2024	Listed for sale	$61,900+120.3%$55/sqft
Source: MLS Now #5060299 Report a problem
6/26/2024	Sold	$28,100+274.7%$25/sqft
Source: Public Record Report a problem
6/6/2008	Sold	$7,500-83.9%$7/sqft
Source: Public Record Report a problem
1/14/2008	Sold	$46,667-36%$42/sqft
Source: Public Record Report a problem
8/6/2004	Sold	$72,900$65/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$901 -8.9%	$15,750
2024	$989 +27%	$15,750 +61.9%
2023	$779 -0.8%	$9,730
2022	$785 +1.7%	$9,730
2021	$772 -12.1%	$9,730
2020	$878 -93.8%	$9,730
2019	$14,232 +1340.7%	$9,730
2018	$988 -91.9%	$9,730 +6.1%
2017	$12,125 +173.4%	$9,170
2016	$4,436 +1.1%	$9,170
2015	$4,389 +27.7%	$9,170 -19.9%
2014	$3,438 +216.1%	$11,450
2013	$1,088 -33.7%	$11,450
2012	$1,642 +49.1%	$11,450 -18.9%
2011	$1,101 -58.7%	$14,110
2010	$2,667 +11.6%	$14,110
2009	$2,389 +105.3%	$14,110 -4.1%
2008	$1,164 +8.1%	$14,710
2007	$1,076 -0.2%	$14,710
2006	$1,078 +173.6%	$14,710 +258.8%
2005	$394 +4.1%	$4,100
2004	$378 +54.6%	$4,100
2003	$245 +5.5%	$4,100 +9.3%
2002	$232 -44%	$3,750
2001	$415	$3,750
2000	$415	$3,750