NOT LISTED FOR SALE

Estimated Value: $376,000 - $491,000

2 Beds
2.5 Baths
2,500 Sq Ft
$168/Sq Ft Est. Value

Last Sold May 22, 2017

Last sale price $265,000 $106 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,179/month

52 Days on Market

Highlights

  • Lake View
  • Porch
  • Forced Air Heating and Cooling System
  • 1 Fireplace
  • 2 Car Attached Garage
  • 4-minute walk to Herman Park

About This Home

As of May 2017

Stunning King's Terrace Townhouse in a trendy neighborhood in Gordon Square Art District. The spacious main floor offers an open kitchen with a center granite island with lots of counter space, stainless appliances and cabinets with ample storage. The dining room and main living room include beautiful cherry flooring, high ceilings and a fireplace. The second floor master suite feature lots of natural light from the bay window with double closets. Its own bathroom with double vanity sinks and a deep soaking tub. The second bedroom, full bathroom and laundry is also located on this floor. The third floor rooftop lounge/media with vaulted ceilings leads to the terrace showcasing amazing Lake Erie and downtown Cleveland views. Tax abated until approximately 2020. Bring your offers!

Last Agent to Sell the Property

Sandra Muny

Berkshire Hathaway HomeServices Professional Realty License #2015001315 Listed on: 02/13/2017

Berkshire Hathaway HomeServices Professional Realty

Last Buyer's Agent

Fabian Candelario

Russell Real Estate Services License #2013001316

Russell Real Estate Services

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $639

Year Built

  • Built in 2005

Lot Details

  • 3,267 Sq Ft Lot
  • North Facing Home

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • City

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,500 Sq Ft Home
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Association fees include landscaping, reserve fund, snow removal, trash removal
  • King's Terrace 2 Community

Listing and Financial Details

  • Assessor Parcel Number 003-09-302

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$639

Year Built

Built in 2005

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Dwelling Type: Attached
  • Style: Townhouse
  • House Faces: North
  • Price Per Square Foot: 106.00
  • Estimated Price per Sq Ft: 106.00
  • Year Built Exception: Actual YBT
  • Total Sq Ft: 2500
  • Year Built: 2005
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2005

Interior Features

  • Fireplaces: 1
  • Total Bedrooms: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 6
  • Sq Ft Approx Above Grade Finished: 2500.00
  • Sq Ft Approx Total Finished: 2500.00

Exterior Features

  • View: City View, Lake Erie
  • Exterior: Vinyl
  • Exterior Features: Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • HOA Fees: 250.00
  • HOA Fee Frequency: Monthly
  • Hoa Name: King's Terrace 2
  • Subdivision Complex: King's Terrace 2

Fee Information

  • HOA Fee Includes: Landscaping, Reserve Fund, Snow Removal, Trash Removal

Schools

  • School District: Cleveland Municipal
  • School District: Cleveland Municipal

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.0750
  • Parcel Number: 003-09-302

Tax Info

  • Tax: 639

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2017
Closed on
May 19, 2017
Sold by
Frazier Paul and Brown Ashley
Bought by
Garmen Katie A
Seller's Agent
Sandra Muny
Berkshire Hathaway HomeServices Professional Realty
Buyer's Agent
Fabian Candelario
Russell Real Estate Services
List Price
$279,900
Sold Price
$265,000
Premium/Discount to List
-$14,900
-5.32%
Current Estimated Value
$420,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,707
Avg. Annual Appreciation
5.66%
Original Mortgage
$251,750
Outstanding Balance
$209,361
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$211,346

Purchase Details

Listed on
Mar 24, 2013
Closed on
Jul 16, 2013
Sold by
Barnes Marty and Downey Susan E
Bought by
Frazier Paul and Brown Ashley
Seller's Agent
Gregory Greco
Keller Williams Greater Metropolitan
Buyer's Agent
Scott Phillips
Keller Williams Greater Metropolitan
List Price
$234,900
Sold Price
$225,000
Premium/Discount to List
-$9,900
-4.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.34%
Original Mortgage
$217,637
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2009
Sold by
Kowalski Kerri M and Orlandojr John C
Bought by
Downey Susan E and Barnes Marty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,375
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2005
Sold by
City Life Development Inc
Bought by
Kowalski Kerri M and Orlando John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,650
Interest Rate
5.82%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Garmen Katie A $265,000 Cleveland Home Title
Frazier Paul $225,000 Ohio Real Title
Downey Susan E $228,500 Attorney
Kowalski Kerri M $249,900 Title Xperts Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garmen Katie A $251,750
Previous Owner Frazier Paul $217,637
Previous Owner Downey Susan E $171,375
Previous Owner Kowalski Kerri M $239,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/22/2017 05/22/17 Sold $265,000 -1.5% $106 / Sq Ft
04/06/2017 04/06/17 Pending -- -- --
03/29/2017 03/29/17 Price Changed $269,000 -3.9% $108 / Sq Ft
02/13/2017 02/13/17 For Sale $279,900 +24.4% $112 / Sq Ft
07/18/2013 07/18/13 Sold $225,000 -4.2% $107 / Sq Ft View Prior Sale
06/19/2013 06/19/13 Pending -- -- --
03/24/2013 03/24/13 For Sale $234,900 -- $111 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,386 $127,925 $12,810 $115,115
2023 $7,484 $98,670 $9,280 $89,390
2022 $7,441 $98,670 $9,280 $89,390
2021 $7,366 $98,670 $9,280 $89,390
2020 $674 $7,810 $7,810 $0
2019 $624 $22,300 $22,300 $0
2018 $622 $7,810 $7,810 $0
2017 $644 $7,810 $7,810 $0
2016 $639 $7,810 $7,810 $0
2015 $641 $7,810 $7,810 $0
2014 $641 $7,810 $7,810 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 3876866

MLS Now

APN: 003-09-302