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3893 East 57th Street

3893 East 57th Street, Cleveland, OH 44105
Multifamily in South Broadway
Sold May 20, 2021
$95,000
$66,500 by Lima One Capital Llc
Mortgage
Sold Sep 09, 2019
$63,000
3893 East 57th Street has been categorized by the local assessors in Cleveland, OH as a residential type of property. The building on the property was first built in 1915 and is 109 years old. However, we must point out that the home was most recently renovated and altered in 1952. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3893 East 57th Street has 2,246 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 1,060 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 3,900 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as fair. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of metal. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a storm sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though you may still need to pay additional fees to have your wastewater disposed in this manner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3893 East 57th Street was last sold in May 14, 2021 for $95,000. According to our calculations, that's $28.74 per sqft. Prior to that sales transaction, the property was sold for $63,000 in Sep 6, 2019. Current property owners are expected to pay $3,153 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2017. The property on 3893 East 57th Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $31,605. To break that down further, the land itself was valued at $1,540. While improvements to the property were assessed at a total of $30,065. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1952
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 20
  • Building Condition: Fair
  • Construction Type: Wood
  • Exterior Walls Type: Metal
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 4
  • Floor Cover: Wood
  • Basement Type: Full basement
  • Basement Area: 1,060
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,900
  • Lot Size Frontage Feet: 330
  • Total Building Area: 3,306
  • Gross Building Area: 3,306
  • Building Area: 2,246
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,246
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: C G BARKWILL TRUSTEES
  • Land Acres: 0.09
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: 313 BARKWILL TR 0064 ALL

Ownership

  • Current Owner : CARROLL PROPERTIES CLEVELAND LLC
  • Previous Owner : CANYON CAPITAL LLC
  • Owner Before Previous Owner: KLEPPER GLODNER LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Cleveland Municipal School District
  • School Tax School District: CLEVELAND MSD
  • Census Tract: 115400

Zoning

  • Zoning: 2F

Geography

  • Assessors Map Reference: 132-16
  • Subdivision Tract Number: 0064
  • Parcel: 132-16-017
  • Lot: 64
  • Municipality: CLEVELAND
  • Latitude: 41.4522
  • Longitude: -81.6497

    Address

  • Full Address: 3893 E 57th St
  • Address - House Number: 3893
  • Street Direction: E
  • Address - Street Name: 57th
  • Address - Suffix Type: St
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C015
  • 4-Digit Zip Code: 3351
  • Zip Code: 44105

Valuation

    Tax

  • Total Area: 2,246
  • Tax Year: 2022
  • Tax Amount: $3,153
  • Intital Tax Deliquent Year: 2017
  • Tax Rate Code Area: CLEVELAND

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $66,500
  • First Open Lien Mortgage Lender: LIMA ONE CAPITAL LLC
  • First Open Lien Mortgage Recording Date: May 20, 2021
  • First Open Lien Mortgage Loan Amount: $66,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $90,300
  • Market Land Value: $4,400
  • Market Improvement Value: $85,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $31,605
  • Assessed Land Value: $1,540
  • Assessed Improvements Value: $30,065

    Sales

  • Current Sale Contract Date: May 14, 2021
  • Current Sale Recording Date: May 20, 2021
  • Current Sale Transaction ID: 11841303473
  • Current Sale Price: $95,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202105200489
  • Previous Sale Recording Date: Sep 09, 2019
  • Previous Sale Contract Date: Sep 06, 2019
  • Previous Sale Amount: $63,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LIMA ONE CAPITAL LLC
  • First Mortgage Transaction Date: May 20, 2021
  • First Mortgage Loan Amount: $66,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About South Broadway



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Frequently Asked Questions

What neighborhood is 3893 East 57th Street located in?
The 3893 East 57th Street is a multifamily located in the neighborhood of South Broadway in South Broadway, Cleveland.
What is the average sales price for listings in 3893 East 57th Street?
The average sales price for units in 3893 East 57th Street is $0 currently.

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