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  • $128,000

    500 Severance Place Ln APT 106, Cleveland Heights, OH 44118

    2beds
    1,188sqft
    Condominium
    Built in 1969
    -- sqft lot
    $119,000 Zestimate®
    $108/sqft
    $1,711 Estimated rent

    Home value

    $119,000

    $109,000 - $130,000

    $1,711/mo

    Zestimate® history
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    $1,711/mo

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    $1,186/mo

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    $1,186/mo

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    What's special

    Welcome home to 500 Severance Place. Move-in ready! The open floor plan seamlessly integrates the living room. dining area, and kitchen, creating a spacious and airy feel. Large windows allow natural light to flood the space, highlighting the contemporary design and neutral color palette. The living area is designed for comfort, with ample space for a cozy sofa, coffee table, and entertainment unit. The kitchen is a standout feature, boasting an open layout that encourages interaction with guests or family while cooking. The condo features two well-sized bedrooms, The master bedroom includes a generous walk in closet and an en-suite bathroom for added privacy. The master bathroom has modern fixtures and a spacious shower/bathtub. The second bedroom which can be used as a guest room or office, guest bathroom also equipped with a tub, which is conveniently located nearby. Additional features include a private back patio, in-unit laundry facilities, a storage unit and one assigned covered parking space. Leasing is allowed in the building, roughly market rent is $1500 or higher. Hot Water Heater 2022, washer, dryer 2020, newer microwave and dishwasher. Great for homeowners and investors. Schedule your private showing today before its gone!

    Zillow last checked:

    Listing updated:

    Listed by:

    Tina Li tinali@howardhanna.com440-318-5844,

    Howard Hanna

    Bought with:

    Liza R Dardashti-Wolf, 2012000516

    Howard Hanna

    Source: MLS Now,MLS#: 5064599Originating MLS: Akron Cleveland Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Primary bedroom
    • Description: Huge walk in closet, master bathroom,Flooring: Carpet
    • Level: First
    • Dimensions: 17 x 12
    Bedroom
    • Description: Flooring: Carpet
    • Level: First
    • Dimensions: 12 x 12
    Dining room
    • Description: Dining area with glass door to the back patio,Flooring: Luxury Vinyl Tile
    • Level: First
    Kitchen
    • Description: Open kitchen floor plan,Flooring: Luxury Vinyl Tile
    • Level: First
    • Dimensions: 16 x 15
    Living room
    • Description: Flooring: Luxury Vinyl Tile
    • Level: First
    • Dimensions: 24 x 20
    Heating
    • Forced Air, Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
    • Laundry: Inside, Laundry Closet, Main Level, In Unit
    Features
    • Open Floorplan, Storage, Walk-In Closet(s)
    • Windows: Blinds, Double Pane Windows, Screens
    • Basement: None
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 1,188
    • Total interior livable area: 1,188 sqft
    • Finished area above ground: 1,188

    Property

    Parking
    • Parking features: Converted Garage, Covered, Detached, Electric Gate, Garage, Garage Door Opener, Paved, Parking Lot
    • Garage spaces: 1
    Accessibility
    • Accessibility features: Common Area
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • Pool features: None
    Details
    • Additional structures: Storage
    • Parcel number: 68325306

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary,High Rise
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Brick, Stucco
    • Foundation: Slab
    • Roof: Flat
    Condition
    • Updated/Remodeled
    • Year built: 1969

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Public Transportation
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: Severance Place Condo
    HOA
    • Has HOA: Yes
    • Services included: HVAC, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Reserve Fund, Sewer, Snow Removal, Trash, Water
    • HOA fee: $230 monthly
    • HOA name: Severance Plc Condo
    Location
    • Region: Cleveland Heights

    Financial & listing details

    • Price per square foot: $108/sqft
    • Tax assessed value: $70,000
    • Annual tax amount: $2,711
    • Date on market: 8/23/2024
    • Cumulative days on market: 32 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    10/1/2024Sold$128,000-7.9%$108/sqft
    Source: Public Record Report a problem
    9/24/2024Pending sale$139,000$117/sqft
    Source: MLS Now #5064599 Report a problem
    9/17/2024Contingent$139,000$117/sqft
    Source: MLS Now #5064599 Report a problem
    8/23/2024Listed for sale$139,000+95.8%$117/sqft
    Source: MLS Now #5064599 Report a problem
    3/17/2020Sold$71,000+4.6%$60/sqft
    Source: MLS Now #4166250 Report a problem
    2/21/2020Pending sale$67,900$57/sqft
    Source: Platinum Real Estate #4166250 Report a problem
    2/7/2020Listed for sale$67,900-59.8%$57/sqft
    Source: Platinum Real Estate #4166250 Report a problem
    10/2/2016Listing removed$169,000$142/sqft
    Source: Platinum Real Estate #3773535 Report a problem
    1/11/2016Price change$169,000-3.4%$142/sqft
    Source: Platinum Real Estate #3773535 Report a problem
    7/11/2015Listed for sale$175,000+10%$147/sqft
    Source: Howard Hanna - Pepper Pike #3727864 Report a problem
    8/17/2007Sold$159,110$134/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,045 -2.1%$24,500
    2024$2,088 -23%$24,500 -1.4%
    2023$2,711 +0.5%$24,850
    2022$2,697 +2%$24,850
    2021$2,644 -40.3%$24,850 -35.4%
    2020$4,425 +3.5%$38,470 +0%
    2019$4,275 +2.3%$38,460 0%
    2018$4,178 -28.5%$38,470 -23.1%
    2017$5,846 +5.8%$50,050
    2016$5,526 $50,050
    2015$5,526 +536.5%$50,050 +536%
    2014$868 +4.4%$7,870
    2013$832 +8.3%$7,870
    2012$768 +1.4%$7,870 -1.4%
    2011$757 +7.3%$7,980
    2010$706 +0.6%$7,980 -84.8%
    2009$701 +0.4%$52,400
    2008$699 -84%$52,400
    2007$4,365 $52,400
    Find assessor info on the county website

    Neighborhood: 44118

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Cleveland Hts-Univer - 1810

    Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $119,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $119,000