NOT LISTED FOR SALE

3441 Panama Dr Cleveland, OH 44134

Estimated Value: $323,046 - $358,000

3 Beds
2.5 Baths
2,604 Sq Ft
$131/Sq Ft Est. Value

Last Sold April 01, 2020

Last sale price $200,000 $77 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,220/month

66 Days on Market

Highlights

  • Medical Services
  • Colonial Architecture
  • 1 Fireplace
  • 0.38 Acre Lot
  • Deck
  • 2 Car Direct Access Garage

About This Home

As of April 2020

Welcome home to this picture-perfect Colonial desirably located on a peaceful street in the south end of Parma. Enjoy close proximity to recreational parks, shopping, dining, entertainment, and convenient access to highways. Resting on a picturesque lot, this home boasts a traditional front porch, back deck and patio with serene wooded views and a remarkable fenced backyard. Enter the main floor of this solid and well-kept home to a spacious layout with plenty of room to entertain. The living room is adjacent to the dining room which opens to the kitchen and family room. The large kitchen has abundant cabinetry, double sinks, and stainless steel Frigidaire appliances which are included. The family room has a rustic wood-burning brick fireplace and allows entry to the deck. The first floor also has an entryway closet, half bath, laundry room, and access to the heated 2-car garage. The 3 bedrooms are upstairs and the roomy master suite opens to a full bath with double sinks. All bedrooms are nicely sized with ample closet space. The walk-out basement is beautifully finished with a full bath and provides a huge additional living area with endless possibilities and bonus room for storage and space utilization. Many updates include heated garage, finished basement, new hot water tank in 2017, new windows in 2015, furnace, driveway and renovated kitchen in 2012. If you're looking for a gorgeous home in a prime location, this is it! Call to schedule your viewing.

Last Agent to Sell the Property

Katrina Mack

Deleted Agent License #2019003071 Listed on: 12/02/2019

Last Buyer's Agent

Jacob Cramer

Deleted Agent License #2018004364

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,717

Year Built

  • Built in 1988

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 75 x 220
  • North Facing Home
  • Property is Fully Fenced

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • 1 Fireplace

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Direct Access Garage
  • Heated Garage

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 453-31-008

Community Details

Overview

  • State & Sprague 02 Community

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,717

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • House Faces: North
  • Price Per Square Foot: 106.61
  • Estimated Price per Sq Ft: 106.61
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1876
  • Year Built: 1988
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1988

Interior Features

  • Appliances Equipment: Dishwasher, Wall Oven, Range, Refrigerator
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 13
  • Basement Detail: Finished, Full, Walk-Out
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1876.00
  • Sq Ft Approx Below Grade Finished: 728.00
  • Sq Ft Approx Total Finished: 2604.00

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Exterior Features: Deck, Patio, Porch, Storage Shed/Out Bld
  • Fences: Full
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Access from Unit, Attached, Heated
  • Garage Num Of Cars: 2

Utilities

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

Association/Amenities

  • Amenities: Medical Service, Park, Shopping/Mall

Condo/Co-op/Association

  • Subdivision Complex: State & Sprague 02

Schools

  • School District: Parma CSD

Lot Info

  • Lot Dimensions: 75 x 220
  • Lot Size Units: Acres
  • Acres: 0.3788
  • Parcel Number: 453-31-008

Tax Info

  • Tax: 4717

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2019
Closed on
Mar 30, 2020
Sold by
Oktavec Theresa M
Bought by
Connell Megan E O and Connell Steve O
Seller's Agent
Katrina Mack
Deleted Agent
Buyer's Agent
Jacob Cramer
Deleted Agent
List Price
$209,900
Sold Price
$200,000
Premium/Discount to List
-$9,900
-4.72%
Current Estimated Value
$340,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,262
Avg. Annual Appreciation
9.99%
Original Mortgage
$190,000
Outstanding Balance
$168,317
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$171,945

Purchase Details

Closed on
Jan 26, 2018
Sold by
Oktavec James J and Oktavec Theresa M
Bought by
Oktavec Theresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,920
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 29, 2003
Sold by
Schultz Thomas J and Schultz Linda
Bought by
Oktavec James J and Oktavec Theresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 1988
Bought by
Schultz Thomas J

Purchase Details

Closed on
Jan 1, 1987
Bought by
Hyman Bldrs Inc
Source: Public Records

Range of Values:

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Average Value
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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
Connell Megan E O $200,000 Northstar Title Services
Oktavec Theresa M -- First Source Title
Oktavec James J $197,900 Gateway Title Agency Inc
Schultz Thomas J $123,000 --
Hyman Bldrs Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connell Megan E O $190,000
Closed Oktavec Theresa M $166,920
Closed Oktavec James J $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2020 04/01/20 Sold $200,000 -4.7% $77 / Sq Ft
02/06/2020 02/06/20 Pending -- -- --
12/02/2019 12/02/19 For Sale $209,900 -- $81 / 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 $5,164 $85,715 $18,235 $67,480
2023 $4,870 $70,000 $15,820 $54,180
2022 $4,829 $70,000 $15,820 $54,180
2021 $4,973 $70,000 $15,820 $54,180
2020 $4,866 $60,900 $12,360 $48,550
2019 $4,688 $174,000 $35,300 $138,700
2018 $4,503 $60,900 $12,360 $48,550
2017 $4,468 $53,800 $10,610 $43,190
2016 $4,440 $53,800 $10,610 $43,190
2015 $4,403 $53,800 $10,610 $43,190
2014 $4,403 $55,480 $10,920 $44,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4153173

MLS Now

APN: 453-31-008