East Cleveland leader. [volume] (East Cleveland, Ohio) 1942-1970, 1956-03-01
Real Estate News
BY Larry Allen

Since the start of this column
many readers have sent in ques-
tions pertaining to different as.
poets of the real estate business
and market in the Northeast area
This columnist has endeavored to
answer these questions in the past
editions of this column and will
continue to do so as long as read
ers in this section continue to
send in their queries. please send
all questions to Larry Allen, 24130
Lake Shore blvd, Euclid %, OF
call RE. 1-6200.)
Question: What is a six-room
colonial about ten years old in
Euclid worth?
The best advice ] can give to
this question is to have the prop
erty appraised by recognized ap-
praiser in Euclid. The mere type
of home or the age or number of
rooms cannot be a foundation for
determining a marketable sales
price. There is the factor of which
section of Euclid the home is To-
Gated in. North of the blvd. has
one set of location values, Beverly
Hills has another, near Lakeland
blvd. has another and so forth.
Each property has it's own indi-
vidual merits and faults and there
fore must be appraised by itself.
No one can say that a particular
property is or is not worth cer-
tain price merely because the
neighbor sold his home for so much
or because it was recently deco
rated or some other such reason.
A seller today should get as much
competent information he can from
responsible Realtors or appraisers
before he places his home on the
market if he wishes to be certain
that he is quoting no more or no
less than a fair market value for
his property.
A furry of sales has been re-
ported by two Realtors. First,
from the office of Paul J. Ever
son comes these two transactions:
A six-room brick ranch home
with two baths and attached
garage has been acquired by Dur
wood B. and Lee Eta F. Logan
for around $4,000. This home, in
the F G. S group at 726 Willow
dr., Euclid, was sold by Robert c.
and Harriet Jeanne Johnson.
Salesman, Bert Wagner.
A Multiple Listing Co op with
Leslie Realty produced the sale of
six-room frame colonial at TIA
East 254th ST., Euclid. News own
ers are Joseph S. Geisinger and
his wife, Martha. Mr.. Geisinger
has been transferred to our town
from Detroit and is in the machine
tool field. Sellers were James E.
and Mescal Doyle who were trans
ferred to Chicago. The home sold
in the $4,000 range. Salesman,
Anthony Ferrato.
The other furry Of sales are
reported by the office of Realtor
William T. Byrne: A six-room
single home at 14513 Ardenall ave.,
East Cleveland, was sold to Mrs.
Ada Hollenbeck for $4,000. This
home was sold by Mr.. and Mrs.
George Barckert and the salesman
was George S. Ursich.
MULTIPLE LISTING has done
it again! Byrne's office ocooperated
with Yerty Realty in the sale of
property located at 1928 Utopia
ave. The home, owned by Mr.. and
Mrs. N. Mayhem, was purchased
by Mr.. and Mrs. Cyril Coleman
for $4,000. Statesmen were George
Volsky and Betty Dirner.
A two-family home at 1885
Grantham rd. was sold by Edwin
G.. Cornwall for S17,500. New
owner is Everett Wilt. Salesman,
George Ursich handled the trans
action.
Jack Coyne, June, 1855 gradu-
ate of Notre Dame Law School,
has Joined the staff Of e. A.
Bamga Realty. He resides at 37S
East 193rd st.
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