$42,000


4 Beds   1 Bath   1,655 Sq. Ft.   Single-Family

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W 116th St
Cleveland, OH 44102

Potential Profit

$89,445

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Status: Inactive
Listing ID: 50854224

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Property Information

  • Price: $42,000
  • Bedrooms: 4
  • Bathrooms: 1
  • Full Baths: 1
  • Living Area Size: 1,655
  • Garage Description: 2 Cars
  • Basement: Yes
  • Lot Size: 0.14 acres
  • Style: Colonial
  • Heating Type: Forced Air
  • Exterior: Aluminum Siding, Vinyl Siding
  • Roof: Asphalt
  • Utilities: Gas,Electric
  • Parking Spaces: 2
  • Sewer Type: Public
  • Year Built: 1910
  • Tax Year: 2017
  • Subdivision: OHIO LAND BLDG CO
  • School District: Cleveland Municipal
  • Elementary School: Cmsd
  • Junior High School: Cmsd
  • Senior High School: Cmsd
  • Property Tax: $1,827
  • Property Type: Single Family Dwelling
  • MLS Number: 4016902
  • Source Status: Under Contract
  •  

Public Records

  • Bedrooms: 4
  • Baths: 1
  • Full Baths: 1
  • Rooms: 7
  • No. of Stories: 2
  • Basement Sqft: 744
  • Parking: DETACHED GARAGE
  • Parking Sqft: 780
  • Air Conditioning: YES
  • Exterior Wall Type: ALUMINUM/VINYL
  • Heating Fuel: GAS
  • Heating Type: FORCED AIR
  • Roof Material: ASPHALT SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 6,300
  • Effective Year Built: 1950
  • Year Built: 1910
  • APN: 001-24-047
  • Property Type: Single Family Residence
  • Front Footage: 45
  • Depth Footage: 140
  • Living Sqft: 1,655
  • Basement Finish Type: UNFINISHED
  • Garage: DETACHED
  • Style: COLONIAL
  • Sewer Type: PUBLIC
  • Water Type: PUBLIC
  • Subdivision: OHIO LAND BLDG CO

Foreclosure

Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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    Property Classification

  • Classification Id: Under Contract
  • Classification Desc: When a seller accepts an offer from a buyer on a property for a mutually agreed upon price it is typically considered "Under Contract." Even though a property is "Under Contract," it is still not "sold" until the final closing. A property can still return to the market if the agreement falls through; therefore, check the listing as frequently as possible to determine its latest status.

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Listing History

Start Date End Date Listing Type Bank Name
01/23/17 02/21/17 Preforeclosure DITECH FINANCIAL LLC

Cleveland, OH
Home Inspectors

Dream House Inspections, LLC
Christopher Ebbeson
2164966931
foreclosure.com

W 116th St
Cleveland, OH 44102

4 Beds   1 Bath   1,655 sq. ft.   Single-Family

$42,000

Status: Inactive Listing ID: 50854224

Property Information

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Public Records

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Property Description

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Listing URL

https://www.foreclosure.com/listing/index.html?st=OH&cno=035&listingid=50854224

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