1507 Sherbrook Road

Cleveland, OH 44121

$215,000
Last Sold Price
4
Beds
2,902 Sq. Ft.
$74 / Sq. Ft.
2,902
Sq. Ft.
$74
per Sq. Ft.
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Closed 4/3/23
Closed 4/3/23

Description

This large multi-family home is an excellent way to build value in your portfolio! Fully occupied, each unit has 2 bedrooms 1 bath. The up units has access to the 3rd floor and rents for $1024/month with a lease through 03/31/2023. The down unit rents for $935/month with a lease through 05/31/2023. The property has a full basement and detached 2 car garage. Excellent South Euclid location puts it within walking distance to parks, close to shopping, easy highway access, near John Carroll University...This large multi-family home is an excellent way to build value in your portfolio! Fully occupied, each unit has 2 bedrooms 1 bath. The up units has access to the 3rd floor and rents for $1024/month with a lease through 03/31/2023. The down unit rents for $935/month with a lease through 05/31/2023. The property has a full basement and detached 2 car garage. Excellent South Euclid location puts it within walking distance to parks, close to shopping, easy highway access, near John Carroll University and more! Plus, there is professional, full service property management in place and willing to stay on - dedicated departments for resident/customer service, maintenance, city liaison, marketing and more! Don't wait to add this solid property to your rental portfolio - reach out to learn more today!
  1. Listed by Michael Azzam • RE/MAX Haven Realty
    P: (216)-232-2187 C: (440)-503-9609 mike@theazzamgroup.com

Property Details for 1507 Sherbrook Road

Subdivision Name
Oakwood Terrace Sub/W H Tellings
LISTING UPDATED: 10/30/2023 10:26 AM

Property Details for 1507 Sherbrook Road

StatusClosed
MLS #4432816
Days on Market19
Taxes$5,274 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1928
Lot Size0.15 AC / 6,499 SF
CountyCuyahoga County
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Location

Listing Courtesy of RE/MAX Haven Realty

Sold By Home Suite Home Property Management

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Building Information for 1507 Sherbrook Road

Stories3Residences2Year Built1928Building Size-Lot Size0.15 AC / 6,499 SF

Payment Calculator

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$1,511 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,071

Property Taxes

$440

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1507 Sherbrook Road

Summary
Location and General Information
  • Directions: Off Mayfield Rd, between Warrensville Center Rd and S Belvoir Blvd
  • Latitude: 41.51879
  • Longitude: -81.533846
  • Township: South Euclid
Taxes and HOA
  • Parcel Number: 704-01-084
  • Tax Annual Amount: $5,274.00
  • Tax Legal Description: 63 OAKTER 0094 ALL
School Information
  • Elementary School District: South Euclid-Lyndhurst - 1829
  • High School District: South Euclid-Lyndhurst - 1829
  • Middle or Junior School District: South Euclid-Lyndhurst - 1829
Parking
  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached, Garage, Paved
Property
Lot Information
  • Lot Size Acres: 0.1492
  • Lot Size Area: 0.1492
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 2902.0
  • Above Grade Finished Area Source: Assessor
  • Building Area Total: 2902.0
  • Living Area: 2902.0
  • Year Built: 1928
Building Features
  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Levels: Three Or More
  • Number of Buildings: 2
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Basement: Common Basement, Full
  • Has Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Total Bathrooms Integer: 2
  • Total Bedrooms: 4
  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Forced Air, Gas
  • Has Heating: Yes
  • Laundry Features: Common Area
  • Main Level Bathrooms: 0
  • Total Rooms: 10
Exterior Features
  • Roof: Asphalt, Fiberglass
  • Stories: 3
Multi Family
Multi Family Information
  • Total Number of Units: 2
Unit Information
Unit 1
  • Actual Rent: $1,024.00
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Leased: Yes
  • Lease Expires: 03-30-2023 08:00:00 PM
  • Occupant Type: Occupied
Unit 2
  • Actual Rent: $935.00
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Leased: Yes
  • Lease Expires: 05-30-2023 08:00:00 PM
  • Occupant Type: Occupied

Property History for 1507 Sherbrook Road

DateEvent & SourcePriceAppreciation
Apr 3, 2023

Sold

MLS Now #4432816

$215,000—
Feb 27, 2023

Contract Signed

MLS Now #4432816

—
Jan 17, 2023

Listed (Active)

MLS Now #4432816

$190,000—
DateEvent & SourcePrice
04/03/2023

Sold

MLS Now #4432816

$215,000
02/27/2023

Contract Signed

MLS Now #4432816

—
01/17/2023

Listed (Active)

MLS Now #4432816

$190,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1507 Sherbrook Road

Taxable ValueLand$7,600Additions$45,400Total$53,000
Tax Record2021$5,177 ($431 / month)
Home Facts
Baths2Total Finished SqFt2,902 SqFtAbove Grade Finished SqFt2,902 SqFtUnfinished Basement SqFt1,161 SqFtStories2Lot Size6,500 SqFtStyleDuplexYear Built1928Year Renovated1962ZoningR-50CountyCUYAHOGAAPN704-01-084Fireplace TypeHas Fireplace

Schools near 1507 Sherbrook Road

This home is within South Euclid-Lyndhurst City School District.
Rating
School
Type
Grades
Distance
Rowland Elementary School
Public - PK to 3
Greenview Upper Elementary School
Public - 4 to 7
Memorial Junior High School
Public - 7 to 8
Brush High School
Public - 9 to 12
Rating
School
Distance
Rowland Elementary School
PublicPK to 3

Greenview Upper Elementary School
Public4 to 7

Memorial Junior High School
Public7 to 8

Brush High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Haven Realty

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