NOT LISTED FOR SALE

3842 Faversham Rd Cleveland, OH 44118

Estimated Value: $278,481 - $348,000

4 Beds
2.5 Baths
2,396 Sq Ft
$129/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $250,000 $104 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,226/month

20 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Patio
  • 2 Fireplaces
  • Porch
  • 2-minute walk to Walter Stinson Community Park

About This Home

As of August 2022

Beautiful 4bd / 2.1 bath colonial located right by the park! Large entertaining living room w/ gorgeous picture window. Formal dining room w/ hardwood floors opens to back family room w/ access to backyard. Eat-in kitchen w/ all appliances staying. Convenient half bath on first floor completes the first floor. Master bedroom w/ 2 additional bedrooms share main hall updated bathroom. 3rd floor suite w/ loft area, bedroom, huge walk in closet, full bathroom and access to your own private deck! Great lower level rec room w/ fireplace and built ins. Relax outside on back patio surrounded by lush landscaping. 2 car detached garage. Newer windows. Furnace '21. Great location to shopping, downtown and to hospitals.

Last Agent to Sell the Property

Colleen Miklus

Keller Williams Greater Metropolitan License #2004017346 Listed on: 06/24/2022

Keller Williams Greater Metropolitan

Last Buyer's Agent

Maureen Brennan

HomeSmart Real Estate Momentum LLC License #2012001380

HomeSmart Real Estate Momentum LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 5,001 Sq Ft Lot
  • Lot Dimensions are 40 x 125
  • North Facing Home

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Stone Siding
  • Vinyl Construction Material

Interior Spaces

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

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 722-14-052

Community Details

Overview

  • Rapid Transit Community

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • House Faces: North
  • Price Per Square Foot: 149.97
  • Estimated Price per Sq Ft: 149.97
  • Year Built Exception: Actual YBT
  • Num Of Stories: 3.00
  • Total Sq Ft: 1667
  • Year Built: 1952
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 1952

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range, Refrigerator, Smoke Detector, Wall Oven, Washer
  • Fireplaces: 2
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 17
  • Basement Detail: Full, Partially Finished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1667.00
  • Sq Ft Approx Below Grade Finished: 729.00
  • Sq Ft Approx Total Finished: 2396.00

Exterior Features

  • Exterior: Brick, Stone, Vinyl
  • Exterior Features: Patio, Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached, Door Opener
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Central Air, Wall Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Park, Playground

Condo/Co-op/Association

  • Subdivision Complex: Rapid Transit

Schools

  • School District: Cleveland Hts-Univer

Lot Info

  • Lot Dimensions: 40 x 125
  • Lot Size Units: Acres
  • Acres: 0.1148
  • Parcel Number: 722-14-052
  • LandLeaseYN: No

Tax Info

  • Tax: 6771

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Aug 25, 2022
Sold by
Parsons Thomas S and Parsons Cheryl A
Bought by
Binkley Adam R and Giffi Amanda L
Seller's Agent
Colleen Miklus
Keller Williams Greater Metropolitan
Buyer's Agent
Maureen Brennan
HomeSmart Real Estate Momentum LLC
List Price
$269,900
Sold Price
$250,000
Premium/Discount to List
-$19,900
-7.37%
Current Estimated Value
$308,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,370
Avg. Annual Appreciation
6.22%
Original Mortgage
$200,000
Outstanding Balance
$191,468
Interest Rate
5.51%
Mortgage Type
Balloon
Estimated Equity
$116,902

Purchase Details

Listed on
Jul 16, 2012
Closed on
Feb 11, 2013
Sold by
Beigie Jennifer L and Prusa Jennifer L
Bought by
Parsons Thomas S and Parsons Cheryl A
Seller's Agent
C.J. Trivisonno
Keller Williams Living
Buyer's Agent
Cyndi Kane
RE/MAX Crossroads Properties
List Price
$173,900
Sold Price
$157,500
Premium/Discount to List
-$16,400
-9.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.97%
Original Mortgage
$149,625
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2010
Sold by
Jolic Michael M and Kenarney Megan E
Bought by
Prusa Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,253
Interest Rate
4.16%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 11, 2006
Sold by
Jolic Michael M and Kenarney Megan E
Bought by
Jolic Michael M and Kenarney Megan E

Purchase Details

Closed on
Dec 5, 2003
Sold by
Smith James W and Smith Melissa A
Bought by
Jolic Michael M and Kenarney Megan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,800
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 1998
Sold by
Rizk Theodora F
Bought by
Smith James W and Smith Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,300
Interest Rate
6.72%

Purchase Details

Closed on
Mar 31, 1989
Sold by
Nash Norman R
Bought by
Rizk Theodora F

Purchase Details

Closed on
Mar 28, 1985
Sold by
Nash Norman R and Nash Frances
Bought by
Nash Norman R

Purchase Details

Closed on
Jan 1, 1975
Bought by
Nash Norman R and Nash Frances
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Binkley Adam R $250,000 --
Parsons Thomas S $157,500 Attorney
Prusa Jennifer L $167,500 Lawyers Title
Jolic Michael M -- Cleveland Home
Jolic Michael M $183,500 Freedom Title & Escrow
Smith James W $127,000 Ohio Title Corp
Rizk Theodora F $82,000 --
Nash Norman R -- --
Nash Norman R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Binkley Adam R $200,000
Previous Owner Parsons Thomas S $149,625
Previous Owner Prusa Jennifer L $163,253
Previous Owner Jolic Michael M $146,800
Previous Owner Smith James W $114,300
Closed Jolic Michael M $27,525
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2022 08/26/22 Sold $250,000 -3.8% $104 / Sq Ft
07/14/2022 07/14/22 Pending -- -- --
07/05/2022 07/05/22 Price Changed $259,900 -3.7% $108 / Sq Ft
06/24/2022 06/24/22 For Sale $269,900 +71.4% $113 / Sq Ft
02/21/2013 02/21/13 Sold $157,500 -9.4% $78 / Sq Ft View Prior Sale
02/21/2013 02/21/13 Pending -- -- --
07/16/2012 07/16/12 For Sale $173,900 -- $86 / Sq Ft
Source: MLS Now

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 $7,497 $87,500 $12,565 $74,935
2023 $6,945 $63,360 $10,400 $52,960
2022 $6,910 $63,350 $10,400 $52,960
2021 $6,771 $63,350 $10,400 $52,960
2020 $6,684 $56,560 $9,280 $47,290
2019 $6,317 $161,600 $26,500 $135,100
2018 $6,447 $56,560 $9,280 $47,290
2017 $7,025 $58,630 $9,000 $49,630
2016 $6,934 $58,630 $9,000 $49,630
2015 $6,441 $58,630 $9,000 $49,630
2014 $6,441 $57,470 $8,820 $48,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4385214

MLS Now

APN: 722-14-052

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