Sold
Last Sold Price
6 beds2,778 sqft

3562 Riedham Road, Shaker Heights, OH 44120

Multi FamilyProperty Type
0.12 acresLot Size
1929Year Built
$65/sq ftPrice per sq ft
2 carsParking Spaces

Description

Well maintained, cash flowing duplex in Shaker Heights. Lower unit is occupied with a long term tenant who is now on month to month terms. Rent is $900/month, though market rents appear to be $1,100/month. The upper unit was vacated at the send of September by a tenant who had previously lived there for several years. Last rent amount was $1,100/month, though market rents should be $1,500 or more. Upper unit consists of the second floor and the fully finished third floor, with 4 bedrooms and 2 full...Well maintained, cash flowing duplex in Shaker Heights. Lower unit is occupied with a long term tenant who is now on month to month terms. Rent is $900/month, though market rents appear to be $1,100/month. The upper unit was vacated at the send of September by a tenant who had previously lived there for several years. Last rent amount was $1,100/month, though market rents should be $1,500 or more. Upper unit consists of the second floor and the fully finished third floor, with 4 bedrooms and 2 full bathrooms. There's approximately ~500 square feet of living space not reflected in public records. The property has a list of POS violations, which are fairly numerous but mostly minor repairs to make. Sellers prefer offers that assume outstanding POS violations but will entertain otherwise strong offers which require POS compliance before title transfer. No wholesalers. Offers with assignment clauses will be rejected. Click virtual tour or email broker for a video walk through of the property.
  • Listed by: C. Timothy Murphy III 440.941.3846 tim@tim-murphy.org • CTM Organization LLC
Listing closed: 12/05/2023 12:00 AM • Source: MLS Now, MLS#: 4417618
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Location

Listing Courtesy of CTM Organization LLC

Sold By Howard Hanna

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Payment Calculator

$1,325 per month

30 year fixed, 7.03% Interest

Principal and Interest

$960

Property Taxes

$364

HOA Dues

$0

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Property Information for 3562 Riedham Road

Property Details

  • Taxes: $4,372 / year
  • MLS Type: Residential Income / Duplex
  • Subdivision Name: Vansweringen

Building Information

  • Stories: 2
  • Residences: 2
  • Year Built: 1929
  • Lot Size: 0.12 AC / 5,401 SF

Summary

Location and General Information
  • Directions: Riedham road, southeast of Chagrin and Lee.
  • Latitude: 41.462643
  • Longitude: -81.560523
  • Township: Shaker Heights
Taxes and HOA
  • Parcel Number: 735-28-086
  • Tax Annual Amount: $4,372.00
  • Tax Legal Description: 53 VANS#21 0366 ALL
School Information
  • Elementary School District: Shaker Heights CSD - 1827
  • High School District: Shaker Heights CSD - 1827
  • Middle or Junior School District: Shaker Heights CSD - 1827
Parking
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Paved

Property

Lot Information
  • Lot Size Acres: 0.124
  • Lot Size Area: 0.124
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 2778.0
  • Above Grade Finished Area Source: Owner
  • Building Area Total: 2778.0
  • Living Area: 2778.0
  • Year Built: 1929
Building Features
  • Construction Materials: Wood Siding
  • Levels: Two
  • Number of Buildings: 1
Utilities
  • Sewer: Public Sewer
  • Water Source: Public

Interior and Exterior Features

Interior Features
  • Has Basement: Yes
  • Full Bathrooms: 3
  • Total Bathrooms Integer: 3
  • Total Bedrooms: 6
  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Gas, Hot Water, Steam
  • Has Heating: Yes
  • Laundry Features: Common Area
  • Total Rooms: 10
Exterior Features
  • Roof: Asphalt, Fiberglass
  • Stories: 2

Multi Family

Multi Family Information
  • Total Number of Units: 2

Unit Information

Unit 1
  • Actual Rent: $1,100.00
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Total Units: 1
Unit 2
  • Actual Rent: $900.00
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Total Units: 1

Property History for 3562 Riedham Road

DateEvent & SourcePriceAppreciation
Dec 5, 2023

Sold

MLS Now #4417618

$179,900—
Nov 1, 2023

Contract Signed

MLS Now #4417618

—
Oct 20, 2022

Listed (Active)

MLS Now #4417618

$210,000—
DateEvent & SourcePrice
12/05/2023

Sold

MLS Now #4417618

$179,900
11/01/2023

Contract Signed

MLS Now #4417618

—
10/20/2022

Listed (Active)

MLS Now #4417618

$210,000

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

Public records

3562 Riedham Road

Baths

2

Total Finished SqFt

2,278 SqFt

Above Grade Finished SqFt

2,278 SqFt

Stories

2

Lot Size

5,400 SqFt

Style

Multi-Family Dwelling (2-4)

Schools near 3562 Riedham Road

This home is within Shaker Heights City School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 5 to 6
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Fernway Elementary School
PublicK to 5

Woodbury Elementary School
Public5 to 6

Shaker Heights Middle School
Public6 to 8

Shaker Heights 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 3562 Riedham Road, Shaker Heights, OH 44120
$179,900
6
2,778
5,401
$75,000
6
–
5,401
$120,000
6
2
3,240
5,227
$103,000
6
3
999
–
$185,000
6
3,079
10,794
–
–
2
1,608
3,049

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 CTM Organization LLC

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