Seller's Agent in 2025
Terry Young
Keller Williams Greater Metropolitan
(216) 378-9618
40 in this area
1,607 Total Sales
3886 Faversham Rd Cleveland, OH 44118
3
Beds
1.5
Baths
2,060
Sq Ft
5,001
Sq Ft Lot
Highlights
- Colonial Architecture
- No HOA
- Forced Air Heating and Cooling System
- Living Room with Fireplace
- 2 Car Detached Garage
- 2-minute walk to Walter Stinson Community Park
About This Home
As of September 2025Welcome to 3886 Faversham Rd – A Stylishly Updated Colonial in the Heart of University Heights! This beautifully renovated 3-bedroom, 1.5-bath home offers the perfect blend of timeless charm and modern updates. Step inside to discover fresh neutral paint throughout and a bright, inviting floor plan. The spacious living room boasts gleaming hardwood floors, abundant natural light, and a striking fireplace with a stone accent wall—perfect for relaxing or entertaining. The formal dining room flows seamlessly from the living space and features a classic built-in china cabinet and hardwood flooring. Just beyond, you'll find a cozy family room with brand new carpet and wraparound windows that bring in the sunshine. The fully renovated kitchen is a showstopper with quartz countertops, stainless steel appliances, refinished cabinetry, tile backsplash and flooring, plus a charming eat-in nook. A renovated half bath and an enclosed back porch complete the first floor. Upstairs, all three bedrooms are generously sized with beautiful hardwood floors, including a spacious primary bedroom with dual closets. The fully updated full bath features modern fixtures and stylish finishes. The lower level includes a finished rec room with luxury vinyl plank flooring, a second fireplace, and classic wood paneling—perfect for a media room, play area, or home office. A freshly painted laundry and utility area includes the washer and dryer for added convenience. Enjoy the outdoors in the partially fenced backyard, ideal for pets or gardening. This home is truly move-in ready with updates in all the right places—don’t miss your chance to call it home!
Last Agent to Sell the Property
Keller Williams Greater Metropolitan Brokerage Email: Terryyoung@theyoungteam.com, 216-400-5224 License #237938 Listed on: 06/17/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1952
Lot Details
- 5,001 Sq Ft Lot
Parking
- 2 Car Detached Garage
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Slate Roof
Interior Spaces
- 2-Story Property
- Living Room with Fireplace
- 2 Fireplaces
- Partially Finished Basement
- Fireplace in Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 1.5 Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Community Details
- No Home Owners Association
- Rapid Transit Land Cos Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 722-16-043
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 17, 2025
Closed on
Aug 29, 2025
Sold by
Forest City Property Investments and Forest City Property Investments Llc
Bought by
Loskutov Alex
Seller's Agent
Terry Young
Keller Williams Greater Metropolitan
Buyer's Agent
Scott Haigh
Howard Hanna
List Price
$269,900
Sold Price
$260,000
Premium/Discount to List
-$9,900
-3.67%
Views
76
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$72
Avg. Annual Appreciation
-0.12%
Purchase Details
Closed on
Dec 3, 2024
Sold by
Sheriff Of Cuyahoga County
Bought by
Forest City Property Investments
Purchase Details
Listed on
Feb 10, 2012
Closed on
Dec 10, 2012
Sold by
Faversham Llc and Albers Joel
Bought by
Roberts Antwain L
Seller's Agent
Tamar Brosse
Howard Hanna
Buyer's Agent
Harvey Lewis
Century 21 Premiere Properties, Inc.
List Price
$134,900
Sold Price
$112,900
Premium/Discount to List
-$22,000
-16.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.62%
Original Mortgage
$110,854
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 13, 2010
Sold by
Glick Sharon and Glick Michael
Bought by
Faversham Llc
Purchase Details
Closed on
Mar 8, 2001
Sold by
Albers Ruth Z and Albers Ruth E
Bought by
Albers Sidney and Albers Ruth E
Purchase Details
Closed on
Apr 10, 1984
Sold by
Albers Sidney and Albers Ruth Z
Bought by
Albers Ruth Z
Purchase Details
Closed on
Jan 1, 1975
Bought by
Albers Sidney and Albers Ruth Z
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 | $260,000 | Harvard Title | |
| Sheriffs Deed | $195,500 | None Listed On Document | |
| Warranty Deed | $112,900 | Ohio Real Title | |
| Warranty Deed | -- | Attorney | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $110,854 | FHA |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/15/2025 09/15/25 | Sold | $260,000 | -3.7% | $126 / Sq Ft | |
| 08/21/2025 08/21/25 | Pending | -- | -- | -- | |
| 07/29/2025 07/29/25 | For Sale | $269,900 | 0.0% | $131 / Sq Ft | |
| 07/24/2025 07/24/25 | Pending | -- | -- | -- | |
| 07/21/2025 07/21/25 | Price Changed | $269,900 | -5.3% | $131 / Sq Ft | |
| 07/09/2025 07/09/25 | Price Changed | $284,900 | -5.0% | $138 / Sq Ft | |
| 06/17/2025 06/17/25 | For Sale | $299,900 | +165.6% | $146 / Sq Ft | |
| 12/11/2012 12/11/12 | Sold | $112,900 | -16.3% | $65 / Sq Ft | View Prior Sale |
| 11/06/2012 11/06/12 | Pending | -- | -- | -- | |
| 02/10/2012 02/10/12 | For Sale | $134,900 | -- | $78 / 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 | $6,879 | $80,150 | $12,565 | $67,585 |
| 2023 | $5,805 | $52,750 | $10,400 | $42,350 |
| 2022 | $5,776 | $52,745 | $10,395 | $42,350 |
| 2021 | $5,660 | $52,750 | $10,400 | $42,350 |
| 2020 | $5,586 | $47,080 | $9,280 | $37,800 |
| 2019 | $5,281 | $134,500 | $26,500 | $108,000 |
| 2018 | $5,044 | $47,080 | $9,280 | $37,800 |
| 2017 | $5,131 | $42,500 | $9,000 | $33,500 |
| 2016 | $5,065 | $42,500 | $9,000 | $33,500 |
| 2015 | $4,707 | $42,500 | $9,000 | $33,500 |
| 2014 | $4,707 | $41,650 | $8,820 | $32,830 |
Source: Public Records
Agents Affiliated with this Home
-
Terry Young
-
Scott Haigh
Buyer's Agent in 2025
Scott Haigh
Howard Hanna
(216) 272-6889
2 in this area
27 Total Sales
-
Tamar Brosse
T
Seller's Agent in 2012
Tamar Brosse
Howard Hanna
(216) 554-4629
1 in this area
21 Total Sales
-
Harvey Lewis
Buyer's Agent in 2012
Harvey Lewis
Century 21 Premiere Properties, Inc.
(216) 253-6497
1 in this area
145 Total Sales
Map
Source: MLS Now
MLS Number: 5131904
APN: 722-16-043
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