3878 Faversham Rd Cleveland, OH 44118
4
Beds
1.5
Baths
2,583
Sq Ft
5,001
Sq Ft Lot
Highlights
- Colonial Architecture
- 2 Car Detached Garage
- Partially Fenced Property
- 1 Fireplace
- Forced Air Heating and Cooling System
- 2-minute walk to Walter Stinson Community Park
About This Home
As of April 2020Welcome to this bright and spacious home in the heart of University Heights, close to shopping, restaurants, and the park. Open living space flows to the formal dining room and into a den at the back of the house. The refreshed eat-in kitchen has a new refrigerator and stove (2019). Three bedrooms, including the master, are on the second floor and a finished third floor holds the fourth. In the basement, a gas fireplace and countertop are a nice surprise along with an egress window. The washer and dryer in the basement utility area were purchased in the last two years. Electric was updated in 2019. Replaced windows and furnace keep this home comfortable and inviting. Wood floors and fresh updates make this move-in ready gem in high demand. Please visit and see for yourself.
Last Agent to Sell the Property
Coldwell Banker Schmidt Realty License #2018003375 Listed on: 02/10/2020
Home Details
Home Type
- Single Family
Year Built
- Built in 1940
Lot Details
- 5,001 Sq Ft Lot
- Partially Fenced Property
- Wood Fence
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Slate Roof
Interior Spaces
- 1 Fireplace
- Partially Finished Basement
Kitchen
- <<builtInOvenToken>>
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 2 Car Detached Garage
- Garage Door Opener
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Community Details
- Rapid Transit Land Companys S Community
Listing and Financial Details
- Assessor Parcel Number 722-16-041
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 10, 2020
Closed on
Mar 25, 2020
Sold by
Solomon Deborah L
Bought by
Giardina Maureen Kelly
Seller's Agent
Andrea Dorfmeyer
Coldwell Banker Schmidt Realty
Buyer's Agent
Christina Carpadis
RE/MAX Above & Beyond
List Price
$160,000
Sold Price
$155,000
Premium/Discount to List
-$5,000
-3.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.97%
Original Mortgage
$131,700
Outstanding Balance
$117,927
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$163,295
Purchase Details
Closed on
Aug 14, 1990
Sold by
Klein Alan H and Klein Ellen
Bought by
Solomon Norman D
Purchase Details
Closed on
Jan 1, 1975
Bought by
Klein Alan H and Klein Ellen
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $155,000 | Northern Title Agency In | |
| Deed | $91,500 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $131,700 | New Conventional | |
| Previous Owner | $52,000 | Credit Line Revolving | |
| Previous Owner | $105,000 | New Conventional | |
| Previous Owner | $30,950 | Credit Line Revolving | |
| Previous Owner | $110,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $100,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2025 07/16/25 | For Sale | $235,000 | +51.6% | $91 / Sq Ft |
| 04/10/2020 04/10/20 | Sold | $155,000 | -3.1% | $60 / Sq Ft |
| 02/25/2020 02/25/20 | Pending | -- | -- | -- |
| 02/17/2020 02/17/20 | For Sale | $160,000 | -- | $62 / Sq Ft |
Source: MLS Now
Tax History Compared to Growth
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 | $7,111 | $82,915 | $12,565 | $70,350 |
| 2023 | $6,140 | $55,870 | $10,400 | $45,470 |
| 2022 | $6,110 | $55,860 | $10,400 | $45,470 |
| 2021 | $5,987 | $55,860 | $10,400 | $45,470 |
| 2020 | $5,910 | $49,880 | $9,280 | $40,600 |
| 2019 | $5,587 | $142,500 | $26,500 | $116,000 |
| 2018 | $5,417 | $49,880 | $9,280 | $40,600 |
| 2017 | $5,603 | $46,520 | $9,000 | $37,520 |
| 2016 | $5,531 | $46,520 | $9,000 | $37,520 |
| 2015 | $5,141 | $46,520 | $9,000 | $37,520 |
| 2014 | $5,141 | $45,610 | $8,820 | $36,790 |
Source: Public Records
Agents Affiliated with this Home
-
Darian Thomas
Seller's Agent in 2025
Darian Thomas
Keller Williams Greater Metropolitan
(440) 328-5709
1 in this area
111 Total Sales
-
Andrea Dorfmeyer
Seller's Agent in 2020
Andrea Dorfmeyer
Coldwell Banker Schmidt Realty
(843) 290-9297
2 in this area
110 Total Sales
-
Christina Carpadis
Buyer's Agent in 2020
Christina Carpadis
RE/MAX
(216) 215-4232
157 Total Sales
Map
Source: MLS Now
MLS Number: 4166739
APN: 722-16-041
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