2079 Random Rd
2079 Random Rd University Circle
Home of the Week: Upscale Condominium in Cleveland, OH
Welcome to this week’s edition of “Home of the Week,” where we showcase properties available across the nation, priced at or around the national average, as reported by Zillow. In August, the average home value in the United States was $361,282.
This week we’re featuring an upscale condominium in the Little Italy neighborhood of Cleveland Ohio, priced at $350,000, just below the national average.
Featured Home of the Week:
- Address: 2079 Random Rd APT 102, Cleveland, OH 44106
- Price: $350,000 ($263/SF)
- Price Change: $15,000 ⬇️
- Days on Market: 92
- HOA Fee: $522 per month
- Real Estate Taxes: $8,709 per year
Description: This spacious 2-bedroom, 2-bathroom condo in Little Italy, Cleveland, features an open floor plan with a chef's kitchen, hardwood floors, a gas fireplace, and floor-to-ceiling windows. The primary suite includes a walk-in closet and luxurious bathroom, while the second bedroom has its own full bath. Enjoy a large private terrace, dedicated laundry room, and two-car garage. Located minutes from University Circle and Case Western Reserve University, this condo offers urban living in a vibrant neighborhood.
Key Features:
- Built 2005
- 2 Bedrooms, 2 Bathrooms
- 1,332 Square Feet
- Open Floor Plan
- Gas Fireplace
- Chef’s Kitchen with Granite Countertops
- Laundry Room
- Large Private Terrace
- 2-Car Garage
Market Info:
Neighborhood Insights: Little Italy is a historic neighborhood known for its vibrant cultural scene, award-winning cuisine, galleries and unique boutiques. The area attracts both residents and visitors with its dynamic atmosphere, highlighted by annual events like the Feast of the Assumption and the Little Italy Summer Art Walk.
The neighborhood is highly walkable, with easy access to downtown Cleveland and University Circle via RTA bus service and nearby highways. The housing market in Little Italy has seen a mix of historic homes and modern developments, with the average home value around $359,553 and a price per square foot of $266.
Market Analysis: This home is priced below the national average of $361,282 in August 2024, offering great value in a sought-after neighborhood. The Cleveland housing market has seen steady growth, up close to 11% over the past year, making it a smart investment for the future.