NOT LISTED FOR SALE

1427 Summit Dr Cleveland, OH 44124

Estimated Value: $195,000 - $210,000

3 Beds
1.5 Baths
936 Sq Ft
$217/Sq Ft Est. Value

Last Sold June 13, 2019

Last sale price $128,000 $137 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,464/month

116 Days on Market

Highlights

  • No HOA
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Mayfield High School Rated A
  • Bungalow
  • West Facing Home

About This Home

As of June 2019

Location, Location, Location. What else can you ask for! In the award-winning Mayfield Heights school system, this well-maintained bungalow is ready for its next owner. Defining move-in ready, the upgrades and updates are throughout the whole house. New Roof (2012), Whole house waterproofing (2009), New High-efficient Furnace and A/C (2011), New bathroom fixtures & vanities (2018 & 2016), Interior painted (2016-17), New upstairs carpeting (2015), Electrical updates (2010), Tankless Hot Water Heater (2013), Garage re-roofed (2017), House exterior completely repainted (2009) new garage door opener (2014), several high efficient lighting fixtures (various), Newer screen doors are convertible containing screens & glass. Don't miss the opportunity to live in this great, updated Mayfield Heights home.

Last Agent to Sell the Property

Paul Koerwitz

Keller Williams Greater Cleveland Northeast License #2012002528 Listed on: 12/10/2018

Keller Williams Greater Cleveland Northeast

Last Buyer's Agent

Carolyn Fenton

Deleted Agent License #2016004248

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,073

Year Built

  • Built in 1953

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 50x200
  • West Facing Home

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Bungalow
  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1.5 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • No Home Owners Association
  • Mayfield Summit Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 861-05-070

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,073

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1953
  • ResoSecurityFeatures: Smoke Detector(s)
  • Subdivision Name: Mayfield Summit
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Other
  • Basement: Yes
  • Appliances: Dryer, Dishwasher, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.23
  • Home Warranty: Yes
  • Construction Type: Aluminum Siding
  • Direction Faces: West

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Electricity, Garage, Garage Door Opener, Paved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Mayfield CSD - 1819

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 861-05-070
  • Lot Dimensions: 50X200
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3073.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2018
Closed on
Jun 1, 2019
Sold by
Seday Shou Chun and Seday Michael
Bought by
Bilek Patrick
Seller's Agent
Paul Koerwitz
Keller Williams Greater Cleveland Northeast
Buyer's Agent
Carolyn Fenton
Deleted Agent
List Price
$145,000
Sold Price
$128,000
Premium/Discount to List
-$17,000
-11.72%
Current Estimated Value
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,000
Avg. Annual Appreciation
7.68%
Original Mortgage
$123,931
Outstanding Balance
$109,191
Interest Rate
4.1%
Mortgage Type
FHA
Estimated Equity
$93,950

Purchase Details

Closed on
Jun 11, 2009
Sold by
Demore George and Gibb Joyce
Bought by
Seday Michael and Seday Shou Chun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,371
Interest Rate
4.86%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 20, 1988
Sold by
Demore Joseph M and Demore Margaret
Bought by
Demore Margaret

Purchase Details

Closed on
Jan 1, 1975
Bought by
Demore Joseph M and Demore Margaret
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Bilek Patrick $128,000 None Available
Seday Michael $117,500 Ohio Real Title
Demore Margaret -- --
Demore Joseph M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bilek Patrick $4,685
Open Bilek Patrick $123,931
Previous Owner Seday Michael $103,425
Previous Owner Seday Michael $115,371
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2019 06/13/19 Sold $128,000 0.0% $137 / Sq Ft
05/15/2019 05/15/19 Off Market $128,000 -- --
04/05/2019 04/05/19 Pending -- -- --
02/18/2019 02/18/19 Price Changed $139,900 -3.5% $149 / Sq Ft
12/10/2018 12/10/18 For Sale $145,000 -- $155 / 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 $3,936 $60,025 $13,440 $46,585
2023 $3,392 $47,710 $12,250 $35,460
2022 $3,496 $47,705 $12,250 $35,455
2021 $3,460 $47,710 $12,250 $35,460
2020 $3,229 $40,780 $10,470 $30,310
2019 $3,129 $116,500 $29,900 $86,600
2018 $2,955 $40,780 $10,470 $30,310
2017 $3,073 $37,660 $9,240 $28,420
2016 $3,050 $37,660 $9,240 $28,420
2015 $2,819 $37,660 $9,240 $28,420
2014 $2,819 $37,660 $9,240 $28,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4057697

MLS Now

APN: 861-05-070