NOT LISTED FOR SALE

3850 Faversham Rd Cleveland, OH 44118

Estimated Value: $256,000 - $306,000

3 Beds
3 Baths
2,669 Sq Ft
$105/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $153,000 $57 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,056/month

67 Days on Market

Highlights

  • Medical Services
  • Colonial Architecture
  • 2 Car Detached Garage
  • City View
  • 2 Fireplaces
  • 2-minute walk to Walter Stinson Community Park

About This Home

As of August 2020

Very well maintained Brick home for the past 33 years. The Owner has taken great care to make sure that the house is in perfect working order. Beautifully maintained Hardwood floors except 3rd and den for coziness. The large Living room is perfect for family gatherings. It features a gas fireplace and bay windows to make it a naturally light filled room. The Formal Dining room with chair rail is appointed with modern color pallet and attractive chandelier. The dining room flows to the large bright Den/Family room that has a wall of bookcases, cabinets and desk area. The Den allows access to a modest, low maintenance back yard and 2 car garage. The Eat-In Kitchen includes all stainless steel appliances, double sinks and has a handy pass through window to the den. There are 3 queen size Bedrooms on the 2nd floor with 2 closets each and Full Bath with tub/shower. The 3rd floor has a Half Bath and a Bedroom with walk in closet. The lower level Recreation room/mancave has a gas Fireplace with brick front and plenty of cabinet/storage space. There is a separate area for the Laundry room. Mechanicals are in good working order with furnace replaced in 2015, water heater approx. 2014 and updated electric, glass block windows and Central Air. Just minutes away from John Carroll University, Restaurants and Whole Foods and several shopping establishments.

Last Agent to Sell the Property

Sherry Callahan

Howard Hanna License #2002010348 Listed on: 05/16/2020

Howard Hanna

Last Buyer's Agent

David Jackson

Howard Hanna License #2019000479

Howard Hanna

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 5,001 Sq Ft Lot
  • Lot Dimensions are 40x125

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • City Views
  • Partially Finished Basement

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 4 Main Level Bedrooms

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 722-14-050

Community Details

Overview

  • Rapid Transit Land Cos Community

Amenities

  • Medical Services
  • Shops

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • Price Per Square Foot: 81.60
  • Estimated Price per Sq Ft: 81.60
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1875
  • Year Built: 1951
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1951

Interior Features

  • Appliances Equipment: Dishwasher, Garbage Disposal, Range, Refrigerator
  • Fireplaces: 2
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Main Half Bathrooms: 1
  • Room Count: 9
  • Basement Detail: Partially Finished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1875.00
  • Sq Ft Approx Below Grade Finished: 794.00
  • Sq Ft Approx Total Finished: 2669.00

Exterior Features

  • View: City View
  • Exterior: Brick
  • Roof: Slate

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities: Community, Medical Service, Park, Playground, Shopping/Mall

Condo/Co-op/Association

  • Subdivision Complex: Rapid Transit Land Cos

Schools

  • School District: Cleveland Hts-Univer
  • School District: Cleveland Hts-Univer

Lot Info

  • Lot Dimensions: 40x125
  • Lot Size Units: Acres
  • Acres: 0.1148
  • Parcel Number: 722-14-050

Tax Info

  • Tax: 5908

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2020
Closed on
Aug 19, 2020
Sold by
Wilson Debra L
Bought by
Janata Christopher D and Janata Gemma
Seller's Agent
Sherry Callahan
Howard Hanna
Buyer's Agent
David Jackson
Howard Hanna
List Price
$168,000
Sold Price
$153,000
Premium/Discount to List
-$15,000
-8.93%
Current Estimated Value
$281,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,373
Avg. Annual Appreciation
12.48%
Original Mortgage
$122,400
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 1997
Sold by
Wilson Frankie
Bought by
Wilson Debra L

Purchase Details

Closed on
Sep 2, 1994
Sold by
Wilks Senoia
Bought by
Wilson Frankie and Wilson Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,500
Interest Rate
8.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 1988
Sold by
Shurin Paul A
Bought by
Wilson Frankie

Purchase Details

Closed on
Jul 31, 1986
Sold by
Jaffe Leona
Bought by
Shurin Paul A

Purchase Details

Closed on
Jan 1, 1975
Bought by
Jaffe Leona
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
Janata Christopher D $153,000 Erie Title Agency
Wilson Debra L -- --
Wilson Frankie $35,000 --
Wilson Frankie $79,900 --
Shurin Paul A $70,000 --
Jaffe Leona -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Janata Christopher D $122,400
Previous Owner Wilson Frankie $24,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2020 08/21/20 Sold $153,000 -7.3% $57 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
06/11/2020 06/11/20 Price Changed $165,000 -1.8% $62 / Sq Ft
06/03/2020 06/03/20 For Sale $168,000 0.0% $63 / Sq Ft
05/23/2020 05/23/20 Pending -- -- --
05/16/2020 05/16/20 For Sale $168,000 -- $63 / 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 $6,970 $81,235 $12,565 $68,670
2023 $5,892 $53,560 $10,400 $43,160
2022 $5,863 $53,550 $10,400 $43,160
2021 $5,745 $53,550 $10,400 $43,160
2020 $6,250 $52,820 $9,280 $43,540
2019 $5,908 $150,900 $26,500 $124,400
2018 $5,785 $52,820 $9,280 $43,540
2017 $6,047 $50,300 $9,000 $41,300
2016 $5,969 $50,300 $9,000 $41,300
2015 $5,548 $50,300 $9,000 $41,300
2014 $5,548 $49,320 $8,820 $40,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4188982

MLS Now

APN: 722-14-050