Sold564d on marketHistoric · 94 yrs
18316 Newell Rd
Shaker Heights, OH, 44122 • Lomond • Cuyahoga County
$267,500
$61/sqft
7Beds
3Baths
4,400Sqft
0.17 acLot
1932Built
Property DNA
Character Home
Built 1932 · 94 years of history
Vansweringen
Lomond
2-Car Garage
Asphalt
Market activity
Demand and pricing signals for this listing
4 views
People checking out this listing
564 days on market
Established listing
$61/sqft
Price per square foot
About this home
Multi Family · Built 1932 · Historic
Welcome to 18316 Newell Rd. located around the corner from Van Aken. This duplex has 2 units, first floor is 2 bed, 1 spacious bath and over 1,200 sq ft., the second floor unit has five bedrooms, two full bathrooms and over 2,000 sq ft. Combined pro-forma rent's are $3,500/mo. Live in one unit and rent out the 2nd. Third floor furnace is newer. Remaining have been properly serviced and maintained. One HWT was replaced within the last year. Some newer windows on the first and second unit. Schedule a showing and add this cash flowing property to your portfolio.
Estimated monthly payment
Based on current rates
$1,673/month
Principal & Interest$1,316
Property Tax$268
Insurance$89
Down payment20% ($53,500)
3%50%
Est. 6.24% rate · 30yr fixed · $214,000 loan
Full calculator →At a glance
Key facts and listing details
TypeDuplex, Multi Family
Year Built1932
HeatingForced Air, Hot Water, Steam
CoolingCentral Air
Parking2 Garage spaces
Property
Home typeMulti Family
Sub-typeDuplex, Multi Family
Year built1932
Systems
HeatingForced Air, Hot Water, Steam
CoolingCentral Air
RoofAsphalt,Fiberglass
ConstructionSee Remarks
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingAsphalt
Garage2 spaces
BasementFull,Unfinished
Lot7,596 sqft
Location & Tax
NeighborhoodLomond
Annual tax$6,808
Parcel73620006
Bathrooms & Fees
Full baths3
Features & details
4 categories of property features
Interior Features
Heating
Forced Air
Hot Water
Steam
Cooling
Central Air
Exterior Features
Parking
Asphalt
Construction
See Remarks
Listing insights
Market data and value estimates
StatusSold
Days on market564
Est. value$285,500
Est. rent$1,597/mo
Tax rate1.92%
Price/sqft$61
On marketMay 17, 2024
PostedMay 17, 2024
Last sold$267,500
MLS updatedSep 20, 2024
Tour days6
Views4
How are the schools in Shaker Heights?
3 schools rated nearby
Location
Shaker Heights, OH, 44122
Price history
7 events
DateEventPrice$/sqftSource
Sep 20, 2024Sold$267,500$61MLS Now
Sep 17, 2024Pending Sale$279,900$64MLS Now
Jul 22, 2024Contingent$279,900$64MLS Now
May 17, 2024Listed For Sale$279,900$64MLS Now
Nov 22, 2002Sold$163,000$37Public Record
Jun 4, 1999Sold$163,000$37Public Record
Nov 15, 1993Sold$132,900$30MLS Now
Sold$267,500
Sep 20, 2024•$61/sqft•MLS Now
Pending Sale$279,900
Sep 17, 2024•$64/sqft•MLS Now
Contingent$279,900
Jul 22, 2024•$64/sqft•MLS Now
Listed For Sale$279,900
May 17, 2024•$64/sqft•MLS Now
Sold$163,000
Nov 22, 2002•$37/sqft•Public Record
Sold$163,000
Jun 4, 1999•$37/sqft•Public Record
Sold$132,900
Nov 15, 1993•$30/sqft•MLS Now
Tax history
25 years of records
YearTax paidAssessed value
Apr 8, 2024$6,905$76,830
Apr 8, 2023$6,708$58,800
Apr 8, 2022$6,486$58,800
Apr 8, 2021$6,466$58,800
Apr 8, 2020$6,266$53,450
Apr 8, 2019$6,177$53,440
Apr 8, 2018$6,337$53,450
Apr 8, 2017$6,102$48,900
Apr 8, 2016$5,856$48,900
Apr 8, 2015$5,856$48,900
Apr 8, 2014$5,537$44,460
Apr 8, 2013$5,963$51,420
Apr 8, 2012$5,611$49,180
Apr 8, 2011$5,723$52,510
Apr 8, 2010$5,691$52,510
Apr 8, 2009$5,213$52,510
Apr 8, 2008$6,241$66,930
Apr 8, 2007$6,112$66,930
Apr 8, 2006$6,105$66,930
Apr 8, 2005$5,693$64,050
Apr 8, 2004$5,568$64,050
Apr 8, 2003$5,365$64,050
Apr 8, 2002$4,752$57,050
Apr 8, 2001$10,303$57,050
Apr 8, 2000$10,303$57,050
Nearby homes
Neighborhood details
Local context around this listing
Shaker Heights, OH • Cuyahoga County
Nearby neighborhoods
BoulevardFernwayLomondLudlowMalvernMercerMorelandOnawaySussex
Nearby cities
ClevelandCleveland HeightsEuclidGarfield HeightsLakewoodNorth OlmstedNorth RoyaltonParma
Nearby zip codes
4412044122
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