Off MarketRisky Deal125 days on market
3085 Fairmount Blvd
3085 Fairmount Blvd, Cleveland Heights, OH 44118, Cleveland Heights, OH 44118
$1,600,000
Listing Price
3085 Fairmount Blvd, Cleveland Heights, OH 44118
Loc: Cleveland Heights, OH
Days Listed
125
Tax Assessed
$992k
Lot Size
0.65 acres
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Fairfax Elementary School
K-5
0.4 mi away
6
Roxboro Middle School
6-8
1.2 mi away
6
Cleveland Heights High School
9-12
1.1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Tudor revivalbrick exteriorsteep gablesslate roofhistoricluxury estatelandscaped groundsstone pathwaycasement windowsmulti-storychimney stacksmature treesarchitectural character
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.07%
Total ROI
90.8%
Cash Flow
$-211/mo
DSCR
0.97
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-211/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.1%)
- • Strong rental demand in Cleveland Heights
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-05-28 | Listing removed | $30,000 | $4 |
| 2026-05-21 | Listed for sale | $1,600,000 | $238 |
| 2026-05-06 | Price change | $30,000 | $4 |
| 2026-04-29 | Price change | $25,000 | $4 |
| 2026-04-08 | Price change | $30,000 | $4 |
| 2026-03-10 | Price change | $25,000 | $4 |
| 2026-03-02 | Listed for rent | $20,000 | $3 |
| 2026-01-22 | Listing removed | $30,000 | $4 |
| 2025-09-03 | Price change | $30,000 | $4 |
| 2025-09-02 | Price change | $20,000 | $3 |
| 2025-04-22 | Listed for rent | $30,000 | $4 |
| 2024-11-06 | Listing removed | $2,000 | – |
| 2024-09-22 | Price change | $2,000 | – |
| 2024-09-04 | Listed for rent | $2,500 | – |
| 2024-07-31 | Listing removed | $2,500 | – |
| 2024-07-22 | Listed for rent | $2,500 | – |
| 2024-05-27 | Listing removed | $0 | – |
| 2024-05-13 | Price change | $2,000 | – |
| 2024-01-15 | Listed for rent | $2,500 | – |
| 2023-11-23 | Listing removed | $0 | – |
| 2023-10-09 | Listed for rent | $2,500 | – |
| 2023-09-20 | Listing removed | $0 | – |
| 2023-06-19 | Listed for rent | $2,500 | – |
| 2023-06-06 | Listing removed | $0 | – |
| 2023-04-27 | Listed for rent | $2,500 | – |
| 2022-08-19 | Sold | $815,000 | $121 |
| 2004-06-08 | Sold | $975,000 | $145 |
| 1999-07-02 | Sold | $650,000 | $97 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $28,968.78 | $347,200 |
| 2024 | $28,946.96 | $339,750 |
| 2023 | $31,106.66 | $285,250 |
| 2022 | $30,949.18 | $354,380 |
| 2021 | $37,685.98 | $354,380 |
| 2020 | $40,466.4 | $344,050 |
| 2019 | $57,122.14 | $344,050 |
| 2018 | $37,954.74 | $344,050 |
| 2017 | $28,060.9 | $236,260 |
| 2016 | $26,552.54 | $236,260 |
| 2015 | $26,552.54 | $236,260 |
| 2014 | $24,577.94 | $218,750 |
| 2013 | $26,717.16 | $248,260 |
| 2012 | $27,657.1 | $278,180 |
| 2011 | $31,003.2 | $320,780 |
| 2010 | $28,901.5 | $320,780 |
| 2009 | $28,678.9 | $320,780 |
| 2008 | $28,978.3 | $341,250 |
| 2007 | $28,117.9 | $341,250 |
| 2006 | $25,984.5 | $341,250 |
| 2005 | $15,201.5 | $184,310 |
| 2004 | $15,106.6 | $184,310 |
| 2003 | $13,648.1 | $184,310 |
| 2001 | $25,546.6 | $162,510 |
| 2000 | $25,449.1 | $162,510 |
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