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$106,500

8811 Park Heights Ave, Garfield Heights, OH 44125

4beds

1,838sqft

Single Family Residence

Built in 1922

6,250 Square Feet Lot

$159,600 Zestimate^®

$58/sqft

$1,678 Estimated rent

Home value

$159,600

$144,000 - $176,000

$1,678/mo

Zestimate^® history

Owner options

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$1,678/mo

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$1,678/mo

Rent Zestimate^®

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$621/mo

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$621/mo

Est. payment

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What's special

Newer hot water tankGarfield heights

Welcome to this beautiful colonial home in Garfield Heights! This 4-bed, 2-full bath property sits on a great lot with a fenced-in yard and a 2-car garage and is currently tenant-occupied and rented for $1,095/month with a lease expiring April 2024. The tenant is responsible for all utilities except for water/sewer, which the owner pays for. The property has received numerous updates throughout the home including various kitchen updates, a newer hot water tank and furnace, modern bathroom remodeling and more! This is a great opportunity to acquire a turnkey, stable and cash-flowing investment property with significant upside by increasing rents upon lease renewal.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air, Gas

Cooling

None

Features

Has basement: Yes
Number of fireplaces: 1

Interior area

Total structure area: 1,838
Total interior livable area: 1,838 sqft
Finished area above ground: 1,488
Finished area below ground: 350

Property

Parking

Total spaces: 2
Parking features: Detached, Garage, Paved
Garage spaces: 2

Features

Levels: Two
Stories: 2

Lot

Size: 6,250 Square Feet

Details

Parcel number: 54124116

Construction

Type & style

Home type: SingleFamily
Architectural style: Colonial
Property subtype: Single Family Residence

Materials

Aluminum Siding, Vinyl Siding
Roof: Asphalt,Fiberglass

Condition

Year built: 1922

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Parkland Heights Allotment

HOA

Has HOA: No

Location

Region: Garfield Heights

Financial & listing details

Price per square foot: $58/sqft
Tax assessed value: $109,600
Annual tax amount: $3,370
Date on market: 6/19/2023
Cumulative days on market: 106 days
Listing terms: Cash,Conventional,Trade

Price history

Date	Event	Price
11/6/2023	Sold	$106,500-3.1%$58/sqft
Source: MLS Now #4453516 Report a problem
8/8/2023	Pending sale	$109,900$60/sqft
Source: MLS Now #4453516 Report a problem
8/1/2023	Listed for sale	$109,900$60/sqft
Source: MLS Now #4453516 Report a problem
6/19/2023	Listing removed	--
Source: MLS Now #4453516 Report a problem
4/25/2023	Listed for sale	$109,900+144.8%$60/sqft
Source: MLS Now #4453516 Report a problem
1/19/2019	Listing removed	$1,050$1/sqft
Source: Zillow Rental Network Report a problem
12/21/2018	Listed for rent	$1,050$1/sqft
Source: Zillow Rental Network Report a problem
2/22/2017	Sold	$44,900$24/sqft
Source: MLS Now #3863388 Report a problem
2/18/2017	Pending sale	$44,900$24/sqft
Source: The Holton-Wise Property Group #3863388 Report a problem
12/3/2016	Price change	$44,900-10%$24/sqft
Source: The Holton-Wise Property Group #3863388 Report a problem
9/29/2016	Price change	$49,900-9.1%$27/sqft
Source: Don Firem Realty #3813744 Report a problem
6/1/2016	Listed for sale	$54,900-6.9%$30/sqft
Source: Don Firem Realty #3813744 Report a problem
9/3/2014	Listing removed	$59,000$32/sqft
Source: Cutler Real Estate #3479557 Report a problem
7/26/2014	Price change	$59,000-4.8%$32/sqft
Source: Cutler Real Estate #3479557 Report a problem
6/24/2014	Price change	$62,000-4.5%$34/sqft
Source: Cutler Real Estate #3479557 Report a problem
3/27/2014	Price change	$64,900-6.6%$35/sqft
Source: Cutler Real Estate #3479557 Report a problem
3/3/2014	Listed for sale	$69,500-21.9%$38/sqft
Source: Cutler Real Estate #3479557 Report a problem
12/10/2013	Listing removed	$89,000$48/sqft
Source: Cutler Real Estate #3416666 Report a problem
6/13/2013	Listed for sale	$89,000$48/sqft
Source: Cutler Real Estate #3416666 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,859 -21.1%	$38,360
2024	$3,626 +16%	$38,360 +27.7%
2023	$3,127 +0.8%	$30,030
2022	$3,101 -5.9%	$30,030
2021	$3,294 +18%	$30,030 +25.1%
2020	$2,792 +0.9%	$24,010
2019	$2,766 -17.7%	$24,010
2018	$3,361 +14%	$24,010 +10.1%
2017	$2,948 +7.6%	$21,810
2016	$2,741	$21,810
2015	$2,741 -14.7%	$21,810 -18%
2014	$3,213 +4.9%	$26,600
2013	$3,063 -30.8%	$26,600
2012	$4,424 +1.9%	$26,600 -18.6%
2011	$4,342 +63.8%	$32,690
2010	$2,651 -3.8%	$32,690
2009	$2,755 +1.6%	$32,690 -9%
2008	$2,713 +3.6%	$35,910
2007	$2,619 +0%	$35,910
2006	$2,618 +9.9%	$35,910 +10.7%
2005	$2,382 +3.9%	$32,450 +2.9%
2004	$2,293 +5%	$31,540
2003	$2,183 +8.8%	$31,540 +8.1%
2002	$2,005 -27.5%	$29,190
2001	$2,764 -0.3%	$29,190
2000	$2,773	$29,190