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1970 W 48th St, Cleveland, OH, 44102

3beds
3baths
1,303sqft
$499,900
$384price/sqft
$4,026/moest. monthly cost
$161,040/yrincome needed

About This Home

Introducing new construction in Ohio City! In a partnership between Knez Homes & the Near West Land Trust, this to-be-built home is a one-of-a-kind opportunity to own in one of Cleveland’s most desired neighborhoods that also gives back to your community. This 3 bed, 2.5 bath home is waiting for a buyer to purchase before construction begins, granting the ability to personalize your interior selections at the Knez Homes Design Center! Choose between colors, finishes, and optional upgrades before it’s too late! Take advantage of Cleveland’s 15-year tax abatement and an EnergyStar-certified home, granting ultimate monthly savings on tax & utility bills.

Getting Around

82
WalkingVery Walkable
53
TransitGood Transit
75
BikeVery Bikeable

Schools

3/10
Waverly Elementary SchoolGrades PK-80.3 mi
5/10
Orchard SchoolGrades PK-80.3 mi

Construction

Condition

  • Property condition: To Be Built

Materials

  • Roof: Asphalt
  • Construction materials: Frame

Other

  • Builder name: Knez Homes

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cape Cod
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Features

  • Finished area above ground: 1,303

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,303
  • Total interior livable area: 1,303 sqft

Property

Details

  • Parcel number: 00234163
  • Special condition: Builder Owned

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 3,963 sqft

Parking

  • Total spaces: 2
  • Parking features: Detached Carport
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tsunami

FEMA Declared Disasters Across Ohio Counties

Flood
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,527$30,324
Home Insurance *$519$6,228
Property Taxes $787$9,444
Electricity $193$2,320
Total$4,026$48,312
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$138,034/yr
40% on housing$120,780/yr
45% on housing$107,360/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$384This listing

vs Other Active Listings

Avg $/sqft

ZIP 44102$127
Cuyahoga County$124

vs Homes Sold Last Month

Median $/sqft

ZIP 44102$107
Cuyahoga County$144

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-17Listed for sale$499,900

For Sale by Agent

AgentDorit Sade
BrokerageBerkshire Hathaway HomeServices Professional Realty

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