NOT LISTED FOR SALE

3918 Faversham Rd Cleveland, OH 44118

Estimated Value: $267,000 - $282,000

4 Beds
2.5 Baths
2,110 Sq Ft
$130/Sq Ft Est. Value

Last Sold November 13, 2015

Last sale price $180,000 $85 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,062/month

26 Days on Market

Highlights

  • Spa
  • 1 Fireplace
  • Patio
  • Colonial Architecture
  • 2 Car Detached Garage
  • 3-minute walk to Walter Stinson Community Park

About This Home

As of November 2015

Exquisitely finished colonial located in the heart of University Hts and walking distance to all the major shopping, this home has it all! With over 2,000 square feet, this home has been completely renovated, keeping as much of the original character in tact while adding all the modern conveniences on your wish list. This home has both a living room and family room and feature original hardwood floors that have been restored to their natural beauty. Gourmet kitchen is showcased by top of the line appliances and is perfect for entertaining family and friends on those special occasions. Main bath has a marble double vanity and a whirlpool tub that is great for a relaxing evening from a hectic day. Finished 3rd floor could be a teen or guest suite, and has its own full bath. Basement has been finished and is the ideal place for a man cave or kids play area. Options are unlimited! 1 year warranty!

Last Agent to Sell the Property

David Aronovich

HomeSmart Real Estate Momentum LLC License #2012002341 Listed on: 09/13/2015

HomeSmart Real Estate Momentum LLC

Last Buyer's Agent

James O'Neil

Real of Ohio License #2013001063

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 5,454 Sq Ft Lot
  • Lot Dimensions are 45x133
  • Property is Fully Fenced
  • Wood Fence

Home Design

  • Colonial Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 2,110 Sq Ft Home
  • 2.5-Story Property
  • 1 Fireplace
  • Partially Finished Basement
  • Sump Pump

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Patio

Utilities

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

Community Details

  • Rapid Transit Land Co's Sub 18 Community

Listing and Financial Details

  • Assessor Parcel Number 722-16-050

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

5,454 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.50
  • Year Built: 1941
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1941

Interior Features

  • Appliances Equipment: CO Detector, Dishwasher, Garbage Disposal, Microwave, Wall Oven, Range, Refrigerator, Smoke Detector, Sump Pump, Hot Tub
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 12
  • Basement Detail: Partially Finished
  • Living Area Sq Ft: 2110
  • Estimated Total Living Area: 2110

Exterior Features

  • Exterior: Aluminum, Brick
  • Exterior Features: Patio
  • Fences: Full, Wood
  • Roof: Flat, 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

Condo/Co-op/Association

  • Subdivision Complex: Rapid Transit Land Co's Sub 18

Schools

  • School District: Cleveland Hts-Univer

Lot Info

  • Lot Dimensions: 45x133
  • Lot Size Units: Acres
  • Acres: 0.1252
  • Parcel Number: 722-16-050

Tax Info

  • Tax: 6757

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2015
Closed on
Nov 12, 2015
Sold by
3918 Faversham Road Llc
Bought by
Andrea Patrick P D and Andrea Margo L D
Seller's Agent
David Aronovich
HomeSmart Real Estate Momentum LLC
Buyer's Agent
James O'Neil
Real of Ohio
List Price
$199,000
Sold Price
$180,000
Premium/Discount to List
-$19,000
-9.55%
Current Estimated Value
$274,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,935
Avg. Annual Appreciation
4.17%
Original Mortgage
$176,739
Outstanding Balance
$136,498
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$138,437

Purchase Details

Closed on
Apr 9, 2015
Sold by
Knott Brown Kim C
Bought by
3918 Faversham Rd Llc

Purchase Details

Closed on
Jul 29, 1988
Sold by
Katz Allen E and Katz Joan
Bought by
Brown Michael K

Purchase Details

Closed on
Jan 1, 1975
Bought by
Katz Allen E and Katz Joan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Andrea Patrick P D $180,000 Revere Title
3918 Faversham Rd Llc $71,303 None Available
Brown Michael K $93,000 --
Katz Allen E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrea Patrick P D $176,739
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2015 11/13/15 Sold $180,000 -9.5% $85 / Sq Ft
10/09/2015 10/09/15 Pending -- -- --
09/13/2015 09/13/15 For Sale $199,000 -- $94 / 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
2025 $7,393 $88,025 $13,125 $74,900
2024 $7,549 $88,025 $13,125 $74,900
2023 $6,538 $59,500 $10,850 $48,650
2022 $6,505 $59,500 $10,850 $48,650
2021 $6,375 $59,500 $10,850 $48,650
2020 $6,295 $53,130 $9,700 $43,440
2019 $5,950 $151,800 $27,700 $124,100
2018 $6,301 $53,130 $9,700 $43,440
2017 $5,940 $49,320 $9,380 $39,940
2016 $5,863 $49,320 $9,380 $39,940
2015 $28,674 $49,320 $9,380 $39,940
2014 $28,674 $48,340 $9,210 $39,130
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    David Aronovich

    HomeSmart Real Estate Momentum LLC

    (216) 256-5903

    86 Total Sales

    David Aronovich
    Section Image
  • James O'Neil

    Buyer's Agent in 2015

    James O'Neil

    Real of Ohio

    (330) 714-4720

    591 Total Sales

    James O'Neil
    Section Image
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Map

Source: MLS Now

MLS Number: 3747183

MLS Now

APN: 722-16-050

Ohio Cuyahoga County Cleveland 44118

3918 Faversham Rd, Cleveland, OH

Not Listed for Sale

Detached

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