9966 Magnolia Drive Olmsted Falls, OH $ 175,000
9966 Magnolia Drive
$ 175,000
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9966 Magnolia Drive

Olmsted Falls, OH, 44138
$ 175,000
Bedrooms3 Baths1.1 Sq 1,280

Monthly Estimate*

$ 1,078

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Condo for sale in Olmsted Falls, OH

for $175,000 with 3 bedrooms and 1 full bath, 1 half bath. This 1,280 square foot condo was built in 1978.

Most buyers won’t make it past the front door, but investors, flippers, and value-driven buyers will already be running numbers before they leave the driveway. On Magnolia Dr, tucked into the Raintree Condominium Complex, this 3-bedroom, 1.5-bath condo offers 1,280 square feet of first-floor living in a quiet, private setting that already checks the location box, with a community clubhouse and pool adding long-term appeal. Step inside and it’s exactly what you’re hoping for in a deal like this: a straightforward layout, three main-level bedrooms, a spacious living area, and a floor plan that’s easy to open up, modernize, and force appreciation into. The secluded backyard adds another layer of upside once it’s cleaned up and intentionally designed. Let’s not overcomplicate it. This is an investor special. It needs work, real work, but that’s where the margin is created, not lost. Whether you’re looking for your next flip, a value-add play, or a project you can fully reposition, this is the kind of property where your decisions directly impact the return. The bones are there, the setting delivers, the rest is execution. Magnolia Dr. Soft name. Strong upside.

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Condo Active

Price

$ 175,000

Bedrooms

3

Full Bath

1

Half Bath

1

Property Type

Condo

Taxes

$ 3,667

Style

Year Built

1978

Town/City

Olmsted Falls

County/Region

Cuyahoga

MLS | Web ID

5199631

Features
General
Sewer Public Sewer
Heating Electric Forced Air Heat Pump
Cooling Central Air
Possession Delivery Of Deed
Roof Asphalt Fiberglass
Appliances Dishwasher Range Refrigerator
Garage Spaces 2
Association Fee Includes Association Management Common Area Maintenance Insurance Maintenance Grounds Recreation Facilities Reserve Fund Snow Removal
Patio/Porch Features Patio
Architectural Style Cluster Home Ranch
Pool Features Association In Ground Outdoor Pool Community
Construction Materials Vinyl Siding
Pets Allowed Yes
Year Built 1978
View Neighborhood
Stories Count 1
Township Olmsted Falls
Levels One
Property Subtype Condominium
Tax Year 2025
Community Features Common Grounds/Area Pool
HOA Fee 2 170
County Cuyahoga
Property Type Residential
HOA false
Attached Garage true
Subdivision Name Raintree Condo 01
Garage Y/N true
Total Rooms 5
Full Baths 1
Status Active
Directions Sprague Rd to Raintree Blvd. Magnolia Dr is on the left and the first cul-de-sac coming from Sprague.
City Olmsted Falls
Disclosures Principal is Real Estate Licensed
High School District Olmsted Falls CSD - 1822
Lot Size Units Acres
Carport Y/N false
HOA Fee 2 Frequency Monthly
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 3667
Home Warranty Y/N false
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Olmsted Falls CSD - 1822
Elementary School District Olmsted Falls CSD - 1822
Year Built Source Public Records
Property Sub Type Additional Condominium
Legal Description 3 RAINTREE#1 4.01% 0019
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Interior
Interior Amenities Open Floorplan
Basement None
Total Fireplaces 0
Total Stories 1
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Above Grade Finished Area 1280
Half Baths 1
Laundry Features Main Level In Unit
Total Bedrooms 3
Entry Level 1
Main Level Bedrooms 3
Main Level Bathrooms 2
Above Grade Finished Area Source Assessor
Total Baths 2
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Exterior
Fencing Back Yard Wood
Parking Features Attached Concrete Driveway Garage Faces Front Garage
Water Source Public
Foundation Details Slab
Lot Size Source Public Records
Waterfront Y/N false
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* Excluded Features
List By
Kyle Thomas

Listing Agent

Berkshire Hathaway Homeservices Stouffer Realty

Broker

kylethomas@stoufferrealty.com

Email

Affordability Calculator

$1,383
Per Month
78%
22%
0%
Monthly Principal & Interest
$1,078
Monthly Property Taxes
$306
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4458044 Elementary School
4458079 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/13/2026$175,000 -7.85% Price Down
4/8/2026$189,900 Listed Price

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9966 Magnolia Drive, Olmsted Falls, OH, 44138 is a Condo for sale at $175,000 with 1,280 sqft. 9966 Magnolia Drive has 3 bedrooms, 1.1 baths, and was built in 1978. The property's zip code is 44138 which is in Olmsted Falls, OH