15 days on rocket

18316 Newell Rd, Shaker Heights, OH, 44122

$279,900

Home List Price

$3,324*

Closing Credit

6 Bedrooms
2 Full Baths
4,400 SqFt
$64/SqFt
Multi
Schools Nearby

Location

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18316 Newell Rd, Shaker Heights$279,900

Buyer Closing Credits

$3,324*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingAsphalt
Garage2 spaces
Year Built1932
HeatingForced Air, Hot Water, Steam
CoolingCentral Air
BasementYes
MLS #5039292
Lot Size0.17 Acres
StatusActive

About 18316 Newell Rd

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.

Property Details

Property Features

Property Information:

  • Year Built: 1932
  • Living Area: 4,400 SqFt

Listing Office:

  • Office Name: Key Realty
  • Office Phone: (216) 854-3999
  • Listing Agent: Andrei R Neculai

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Asphalt

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Hot Water, Steam
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Shaker Hts High School, Public District Grades 9-12
  • Shaker Hts Middle School, Public District Grades 7-8
  • Woodbury Elementary School, Public District Grades 5-6
  • Lomond Elementary School, Public District Grades KG-4

Other

Directions Information:

  • Directions: Use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $279,900
  • Price Per SqFt: $64/SqFt

Tax Information:

  • Annual Amount: $6,266
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Shaker Heights, OH.

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Shaker Heights, OH

City

Med. Sold Price

$305K

Med. Price/SqFt

$118

Avg. Days On Market

36

# of Sold Homes

45

18316 Newell Rd vs Shaker Heights

15 DAYS ON ROCKET

-21 Days

$279,900

-$25.1K Less

$64/SqFt

-$55 Less

KEY TAKEAWAY

This property is $25.1K less than the Median Sold Price and $55/SqFt less than other homes in Shaker Heights, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5039292

Listing Office:

  • Office Name: Key Realty
  • Office Phone: (216) 854-3999
  • Listing Agent: Andrei R Neculai

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/2/2024, 2:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 04, 1999Home Sold
$163,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,266$53,450
2019$6,300$53,450
2018$6,337$53,450
2017$6,102$48,900

History based on county public records data.

Payment Calculator

$1,464

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$906

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6954071
5
/10

  • Lomond Elementary School

  • 17917 Lomond Blvd

  • 0.23 miles

  • Public District Grades KG-4

Middle School

school-card-donut-6954072
4
/10

  • Shaker Hts Middle School

  • 20600 Shaker Blvd

  • 1.35 miles

  • Public District Grades 7-8

school-card-donut-6954073
5
/10

  • Woodbury Elementary School

  • 15400 S Woodland Rd

  • 1.50 miles

  • Public District Grades 5-6

High School

school-card-donut-6954074
5
/10

  • Shaker Hts High School

  • 15911 Aldersyde Dr

  • 1.19 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $77,778. The most common annual income of people living in Shaker Heights, OH is between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Cuyahoga County›Shaker Heights›44122›18316 Newell Rd

This home is located at 18316 Newell Rd in Shaker Heights, OH and zip code 44122. This 4,400 square foot home, which was built in 1932, sits on a 0.17 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $279,900.

Over 26 listings were sold over their listed price in May 2024 in Shaker Heights, OH. In the same period over 11 listings were sold below the listed price and 8 listings were sold for the listed price. Between April 2024 and May 2024, Shaker Heights, OH real estate market has seen increase in the number of listings by 2%. In May 2024, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $305,000.

From Rocket Homes Real Estate and based on county public records data.

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