NOT LISTED FOR SALE

407 Prospect Ave E Unit 5E Cleveland, OH 44115

Public Square Neighborhood

Estimated Value: $307,000 - $373,000

2 Beds
2 Baths
1,705 Sq Ft
$300/mo HOA Fee

Last Sold April 24, 2015

Last sale price $370,000 $217 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,755/month

14 Days on Market

Highlights

  • City View
  • Sound System
  • South Facing Home
  • Corner Lot
  • Forced Air Heating and Cooling System

About This Home

As of April 2015

Unique downtown opportunity. Corner of E. 4th and Prospect in the heart of activity. Expansive windows allow for great city views. Walk to restaurants, grocery, casino, the arenas, theater and more. High ceilings in this urban condo, with in-suite laundry and storage. Extra large rooms and modern, clean Baths. Closet storage not a problem. The Master Bedroom is quiet and private (not facing E 4th or Prospect). Partial tax abatement until 2017. This is a very "cool" condo.

Last Agent to Sell the Property

Sally Stewart

Howard Hanna License #2009002535 Listed on: 02/13/2015

Howard Hanna

Last Buyer's Agent

Kristin Rogers

Howard Hanna License #2009000263

Howard Hanna

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,712

Year Built

  • Built in 1913

Lot Details

  • South Facing Home

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,705 Sq Ft Home
  • Sound System
  • City Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • Association fees include insurance, exterior building, landscaping, property management, sewer, water
  • Sincere Bldg Condo Community
  • 8-Story Property

Listing and Financial Details

  • Assessor Parcel Number 101-26-345

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,712

Year Built

Built in 1913

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Dwelling Type: Attached
  • Style: High-Rise
  • Unit Location: End
  • House Faces: South
  • Price Per Square Foot: 217.01
  • Year Built Exception: Actual YBT
  • Num Of Stories: 8.00
  • Total Sq Ft: 1705
  • Year Built: 1913
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8
  • Year Built: 1913

Interior Features

  • Appliances Equipment: Audio System, Dishwasher, Dryer, Garbage Disposal, Microwave, Range, Washer
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Room Count: 6
  • Living Area Sq Ft: 1705
  • Estimated Total Living Area: 1705
  • Estimated Sq Ft: 1705

Exterior Features

  • View: City View
  • Exterior: Brick

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 300.00
  • HOA Fee Frequency: Monthly
  • Hoa Name: Sincere Building
  • Subdivision Complex: Sincere Bldg Condo

Fee Information

  • HOA Fee Includes: Association Insurance, Exterior Building, Landscaping, Property Management, Sewer, Water

Schools

  • School District: Cleveland Municipal
  • School District: Cleveland Municipal

Lot Info

  • Lot Description: Corner
  • Lot Size Units: Acres
  • Parcel Number: 101-26-345

Multi Family

  • Unit Floor Num Of: 5

Tax Info

  • Tax: 4712

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2022
Sold by
Yin David and Yin Rebecca
Bought by
Sintsirmas Demetrios P
Current Estimated Value
$342,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Outstanding Balance
$218,163
Interest Rate
6.95%
Mortgage Type
Balloon
Estimated Equity
$131,717

Purchase Details

Listed on
Feb 13, 2015
Closed on
Apr 21, 2015
Sold by
Wilson Mallory E
Bought by
Yin David and Yin Caifang
Seller's Agent
Sally Stewart
Howard Hanna
Buyer's Agent
Kristin Rogers
Howard Hanna
List Price
$399,900
Sold Price
$370,000
Premium/Discount to List
-$29,900
-7.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.54%
Original Mortgage
$296,000
Interest Rate
3.45%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 25, 2014
Closed on
Sep 3, 2014
Sold by
Garvey Kevin F and Garvey Meghan A
Bought by
Wilson Mallory E
Seller's Agent
Greg Erlanger
Keller Williams Citywide
Buyer's Agent
Greg Erlanger
Keller Williams Citywide
List Price
$319,000
Sold Price
$293,500
Premium/Discount to List
-$25,500
-7.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.19%

Purchase Details

Closed on
Jul 29, 2011
Sold by
The Huntington National Bank
Bought by
Garvey Kevin F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,550
Interest Rate
4.53%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 18, 2006
Sold by
Kongmuang Steven D
Bought by
Nelson Orpheous

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2004
Sold by
Sincere Building Lp
Bought by
Kongmuang Steven D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,920
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
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
Sintsirmas Demetrios P $280,000 --
Yin David $370,000 Suntrust Title Agency
Wilson Mallory E $297,900 Chicago Title Insurance Co
Garvey Kevin F $209,000 Attorney
Nelson Orpheous $265,000 Resource Title Agency
Kongmuang Steven D $289,900 Erie Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sintsirmas Demetrios P $224,000
Previous Owner Yin David $296,000
Previous Owner Garvey Kevin $219,000
Previous Owner Garvey Kevin F $198,550
Previous Owner Nelson Orpheous $265,000
Previous Owner Kongmuang Steven D $231,920
Closed Kongmuang Steven D $14,495
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2015 04/24/15 Sold $370,000 -7.5% $217 / Sq Ft
02/27/2015 02/27/15 Pending -- -- --
02/13/2015 02/13/15 For Sale $399,900 +36.3% $235 / Sq Ft
09/15/2014 09/15/14 Sold $293,500 -8.0% $172 / Sq Ft
07/21/2014 07/21/14 Pending -- -- --
03/25/2014 03/25/14 For Sale $319,000 -- $187 / 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 $6,963 $98,000 $14,420 $83,580
2023 $12,218 $154,110 $15,400 $138,710
2022 $12,648 $154,110 $15,400 $138,710
2021 $12,003 $154,110 $15,400 $138,710
2020 $11,559 $129,500 $12,950 $116,550
2019 $10,713 $370,000 $37,000 $333,000
2018 $9,489 $129,500 $12,950 $116,550
2017 $8,307 $96,320 $9,420 $86,900
2016 $8,242 $96,320 $9,420 $86,900
2015 -- $96,320 $9,420 $86,900
2014 -- $52,650 $9,140 $43,510
Source: Public Records

Agents Affiliated with this Home

  • Sally Stewart

    Seller's Agent in 2015

    Sally Stewart

    Howard Hanna

    (216) 849-7755

    65 Total Sales

    Section Image
  • Kristin Rogers

    Buyer's Agent in 2015

    Kristin Rogers

    Howard Hanna

    (440) 279-7080

    28 in this area

    172 Total Sales

    Section Image
  • Greg Erlanger

    Seller's Agent in 2014

    Greg Erlanger

    Keller Williams Citywide

    (440) 892-2211

    3 in this area

    3,814 Total Sales

    Section Image
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Map

Source: MLS Now

MLS Number: 3684404

MLS Now

APN: 101-26-345

Ohio Cuyahoga County Cleveland 44115 Public Square

407 Prospect Ave E Unit 5E, Cleveland, OH

This home is located at 407 Prospect Ave E Unit 5E, Cleveland, OH 44115 since 13 February 2015 and is currently estimated at $348,960, approximately $204 per square foot. This property was built in 1913. 407 Prospect Ave E Unit 5E is a home located in Cuyahoga County with nearby schools including Anton Grdina School, Bolton, and Benjamin Franklin.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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