NOT LISTED FOR SALE

18503 Parkland Dr Shaker Heights, OH 44122

Estimated Value: $645,000 - $740,010

4 Beds
3.5 Baths
4,568 Sq Ft
$152/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $565,000 $124 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,066/month

Highlights

  • Golf Course View
  • 0.47 Acre Lot
  • 2 Car Garage
  • Fernway Elementary School Rated A-
  • Central Air
  • South Facing Home

About This Home

As of June 2024

Beautiful 4 bedroom/ 3.5 bathroom Colonial, pet friendly, on a private 1⁄2 acre lot that backs up to the 17th fairway of Shaker Heights Country Club. Backyard views from almost every room in this sunny home in the desirable Fernway neighborhood of Shaker Heights. The first floor is ideal for entertaining and family living with a circular flow. The foyer opens to a large living room, a family room, with a wall of windows and dining room, leading to a large four season porch. The kitchen looks out to the front and backyards and has an eating area with floor to ceiling windows and sliding doors out to a side grilling patio. The first floor primary suite has generous closet space and a large primary bathroom. Spacious second floor with three bedrooms and two full bathrooms, window seats and loads of closet space. A not to miss opportunity in Shaker! Around the block walk to The Van Aken District, close to schools, restaurants, shopping, Cleveland Clinic, University Hospitals and University Circle. Opportunity to rent for one year or longer.

Last Agent to Rent the Property

Ellen Russell

Howard Hanna Brokerage Email: ellenrussell@howardhanna.com 216-409-7588 License #2019000845 Listed on: 05/18/2024

Howard Hanna

Last Renter's Agent

Linda Musarra

Deleted Agent License #330124

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,664

Year Built

  • Built in 1946

Lot Details

  • 0.47 Acre Lot
  • South Facing Home

Parking

  • 2 Car Garage

Interior Spaces

  • 2-Story Property
  • Golf Course Views
  • Laundry in unit
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 3.5 Bathrooms

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Van Sweringen Companys Subdivision

Listing and Financial Details

  • The owner pays for taxes
  • 12 Month Lease Term
  • Assessor Parcel Number 736-04-038

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,664

Year Built

Built in 1946

Lot Details

0

Parking

2

Rental Info

  • PetsAllowed: Yes
  • Owner Pays: Taxes
  • Lease Term: 12 Months

Listing Details

  • Property Type: Residential Lease
  • Property Subtype: Single Family Residence
  • Year Built: 1946
  • Attribution Contact: ellenrussell@howardhanna.com 216-409-7588
  • Reso View: Golf Course
  • Subdivision Name: Van Sweringen Companys
  • Above Grade Finished Sq Ft: 3352.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partially Finished
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1216.0
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 2

Exterior Features

  • Acres: 0.4703
  • Pool Private: No
  • View: Yes
  • Direction Faces: South

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0

Utilities

  • LaundryFeatures: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Shaker Heights CSD - 1827

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 736-04-038
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2021
Closed on
Jun 10, 2021
Sold by
Cooper Zachary and Cooper Amy
Bought by
Malek Ehsan and Malek Amber
Seller's Agent
Sam Zimmer
Keller Williams Greater Metropolitan
Buyer's Agent
Noelle Pangle
Howard Hanna
List Price
$449,000
Sold Price
$565,000
Premium/Discount to List
$116,000
25.84%
Current Estimated Value
$656,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,372
Avg. Annual Appreciation
3.25%
Original Mortgage
$536,750
Outstanding Balance
$420,916
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$224,223

Purchase Details

Listed on
May 22, 2017
Closed on
Dec 19, 2017
Sold by
Lawrence Kimberly and Schulte Elaine E
Bought by
Cooper Zachary and Cooper Amy
Seller's Agent
Josephine Chapman
Howard Hanna
Buyer's Agent
Sam Zimmer
Keller Williams Greater Metropolitan
List Price
$459,000
Sold Price
$340,000
Premium/Discount to List
-$119,000
-25.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.76%
Original Mortgage
$243,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2013
Sold by
Lawrence Kimberly and Schulte Elaine E
Bought by
Lawrence Kimberly and Schulte Elaine E

Purchase Details

Closed on
Jun 8, 2007
Sold by
Sullivan Christopher B and Sullivan John J
Bought by
Lawrence Kimberly and Schulte Elaine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,150
Interest Rate
6.37%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 1, 1991
Sold by
Artz Laura A
Bought by
Sullivan Thomas L

Purchase Details

Closed on
Dec 14, 1976
Sold by
Chisholm Robert H
Bought by
Artz Laura A

Purchase Details

Closed on
Jan 1, 1975
Bought by
Chisholm Robert H
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
Malek Ehsan $565,000 Ohio Real Title
Cooper Zachary $340,000 None Available
Lawrence Kimberly -- Attorney
Lawrence Kimberly $451,875 Attorney
Sullivan Thomas L $324,000 --
Artz Laura A $107,000 --
Chisholm Robert H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malek Ehsan $536,750
Previous Owner Cooper Zachary $243,000
Previous Owner Schulte Elaine E $197,500
Previous Owner Schulte Eliane S $45,150
Previous Owner Lawrence Kimberly $361,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2024 06/25/24 Rented $4,300 +4.9% --
05/31/2024 05/31/24 Under Contract -- -- --
05/18/2024 05/18/24 For Rent $4,100 -1.8% --
09/23/2023 09/23/23 Rented $4,175 +1.8% --
09/19/2023 09/19/23 Under Contract -- -- --
09/02/2023 09/02/23 For Rent $4,100 0.0% --
06/11/2021 06/11/21 Sold $565,000 +25.8% $168 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $449,000 +32.1% $133 / Sq Ft
12/22/2017 12/22/17 Sold $340,000 -2.6% $101 / Sq Ft
11/14/2017 11/14/17 Pending -- -- --
10/31/2017 10/31/17 Price Changed $349,000 -11.6% $104 / Sq Ft
07/11/2017 07/11/17 Price Changed $395,000 -8.1% $117 / Sq Ft
06/21/2017 06/21/17 Price Changed $429,900 -6.3% $128 / Sq Ft
06/02/2017 06/02/17 For Sale $459,000 +35.0% $136 / Sq Ft
05/22/2017 05/22/17 Off Market $340,000 -- --
05/22/2017 05/22/17 For Sale $459,000 -- $136 / Sq Ft
Source: MLS Now (Howard Hanna)

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 $17,664 $197,750 $55,930 $141,820
2023 $13,677 $121,110 $49,460 $71,650
2022 $13,308 $121,100 $49,455 $71,645
2021 $13,263 $121,100 $49,460 $71,650
2020 $13,801 $118,720 $48,480 $70,250
2019 $13,603 $339,200 $138,500 $200,700
2018 $13,681 $118,720 $48,480 $70,250
2017 $12,318 $101,510 $40,080 $61,430
2016 $16,518 $142,490 $40,080 $102,410
2015 $25,102 $142,490 $40,080 $102,410
2014 $25,102 $142,490 $37,800 $104,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 5039591

MLS Now (Howard Hanna)

APN: 736-04-038