Home for Sale at 3418 Mapledale Avenue, Cleveland, OH 44109

3418 Mapledale Avenue
Cleveland, OH 44109

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Property Details

List Price:	$144,000
Beds:	6
Baths:	2
Status:	Pending
SqFt:	2119
Agency:	RED Diamond Realty

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	1910
Notes:	Multiple offer best offers due Monday 11.27.23 at 100 pm. Added Electric and Gas bills in the photos see usage below. Great investment opportunity or owner occupant/ investment... near Metro health campus, conveniently located near downtown, easy access to freeways, This is a long time family owned and occupied rare 3 bedrooms down and 2 bedrooms up with finished third floor. Newer furnaces with updated central air conditioning in both units, Electrical service panel upgraded, newer glass block windows in basement, Updated vinyl windows through-out, Newer driveway with additional parking area, Fenced in yard, Upstairs unit updated with beautiful freshly refinished hard wood floors, charming living room with a fireplace mantle. Both units have porches. Separate furnaces and hot water tanks but one gas and electric bill. Please be courteous to occupants prefer 24 hr. notice to show Buyer to assume any and all expenses for any and all inspections, buyers to do all repairs if needed. This property is being sold "As-Is" without any guarantee or warranty by seller. prefer 24 hour notice to show. Gas charges IGS and Dominion total approx. 6.7233 per MCF. (Dec thru April approx. usage was between 16 and 23 MCF cost and usage will vary. )CPP Cleveland Public power winter rates listed on their website is 1st 1000 kWh used is .0655 over 1000 kWh used is .0353 (Nov thru April usage was approx. between 1000 to 1750 kWh costs and usage will vary.)
MlsNumber:	4505864

Listing Provided By:	RED Diamond Realty, original listing
Name:	RED Diamond Realty
Phone:	(216) 401-0007
Office Name:	Red Diamond Realty
Office Phone:	(216) 401-0007
Agent Name:	Gene Zoladz
Disclaimer:	Copyright Â© 2024 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

USHUD.com is a private company not affiliated or associated with or endorsed, authorized, approved, sponsored
or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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