2 Beds   1 Bath   912 Sq. Ft.   Single-Family
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Linnet Ave
Cleveland, OH 44111

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Status: Inactive
Listing ID: 58120788
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Learn about Linnet Ave in Cleveland, OH

This single-family property is available as a short sale at Linnet Ave. It has 2 bedrooms, 1 bathrooms, and 912 square feet of living space. Based on our analysis of the current market conditions in Cleveland for Linnet Ave and comparable listings, the estimated market value is $75,834. The property located at single-family has potential equity of $5,465. If purchased for rental purposes, the monthly rental rate could range between $600 and $740. For those interested in resale, the estimated profit from selling is $5,465. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Linnet Ave are updated daily along with others in Cleveland, Ohio.

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Property Information

  • Price: $71,900
  • Bedrooms: 2
  • Bathrooms: 1
  • Full Baths: 1
  • Living Area Size: 912
  • Total Square Feet: 912
  • Lot Size: 0.1 acres
  • Style: Cape Cod
  • Heating Type: Forced Air
  • Year Built: 1926
  • Source ID: 4384066
  • Day(s) On Site: 352
  • Subdivision: Lorain Hlnds Resub
  • School District: Cleveland Municipal
  • Property Type: Single Family Dwelling

Public Records

  • Bedrooms: 2
  • Baths: 1
  • Full Baths: 1
  • Rooms: 5
  • No. of Stories: 2
  • Basement Sqft: 440
  • Parking Sqft: 400
  • 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: 4,200
  • Effective Year Built: 1963
  • Year Built: 1926
  • APN: 018-17-142
  • Property Type: Single Family Residence
  • Front Footage: 35
  • Depth Footage: 120
  • Living Sqft: 912
  • Basement Finish Type: UNFINISHED
  • Garage: DETACHED
  • Style: COLONIAL
  • Sewer Type: PUBLIC
  • Water Type: PUBLIC
  • Subdivision: LORAIN HLNDS RESUB

Short Sale

The property located at Linnet Ave in Cleveland, OH is listed as a Short Sale

Short sale properties like Linnet Ave in Cleveland, Ohio represent tremendous opportunity to you as a buyer because they are aggressively priced to sell well below or just at fair market value. Existing homeowners are typically distressed and eager to sell for less than what is owed on their mortgages. They are "underwater" and either can no longer afford their mortgage payments or are simply unwilling to continue to make them for various reasons.

First Steps to Buying a Short Sale

Short sales often present opportunities for real estate investors to purchase property at below market prices. A short sale occurs when the mortgage lender on a property agrees to give a release for less than the amount owed on the loan. This usually occurs when the loan on the property becomes delinquent and is headed toward foreclosure. An alert property owner who knows he is facing foreclosure is well advised to keep an open line of communication with his lender. And the lender is well advised to keep an open mind to the consequences of a loan default and the benefits of agreeing to a short sale. When the lender and property owner can agree on a short sale price, the owner can advertise that the property is a short sale and can list it accordingly. Such listings attract a lot of attention and can expedite the sale of the property.


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Rental Value

The estimated rental value for Linnet Ave located in Cleveland, OH is $670/month. Comparable homes around Linnet Ave that are rentals have monthly ranges starting as low as $600 per month and as high as $740 per month. An owner looking to use this property as an investment could bring a return in the area of $600 - $740 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
04/06/23   Preforeclosure US Bank Trust NA
04/07/11 04/15/11 Short Sale

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Linnet Ave
Cleveland, OH 44111

2 Beds   1 Bath   912 sq. ft.   Single-Family


Status: Inactive Listing ID: 58120788

Property Information

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Public Records

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Property Description

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