NOT LISTED FOR SALE

Estimated Value: $365,000 - $388,000

2 Beds
2 Baths
1,694 Sq Ft
$223/Sq Ft Est. Value

About This Home

This home is located at 407 Prospect Ave E, Cleveland, OH 44115 and is currently estimated at $377,526, approximately $222 per square foot. 407 Prospect Ave E is a home located in Cuyahoga County with nearby schools including Anton Grdina School, Bolton, and Benjamin Franklin.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2024
Sold by
Kms Downtown Llc
Bought by
Lake Brian
Current Estimated Value
$377,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$247,187
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$121,572

Purchase Details

Closed on
Jul 29, 2021
Sold by
Ode Kathleen
Bought by
Kms Downtown Llc

Purchase Details

Closed on
Aug 3, 2017
Sold by
Sincere Elight West Llc
Bought by
Ode Kathleen

Purchase Details

Closed on
Dec 21, 2015
Sold by
Harris Paul R and Harris Stephanie R
Bought by
Sincere Eight West Llc

Purchase Details

Closed on
Nov 23, 2005
Sold by
Hookom Derek J
Bought by
Harris Paul R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2004
Sold by
Sincere Building Lp
Bought by
Hookom Derek J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Lake Brian $360,000 American Title Solutions
Kms Downtown Llc -- None Available
Ode Kathleen $420,000 None Available
Sincere Eight West Llc -- Attorney
Harris Paul R $330,000 Stewart Title Agency
Hookom Derek J $342,000 Erie Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lake Brian $250,000
Previous Owner Harris Paul R $304,000
Previous Owner Harris Paul R $330,000
Previous Owner Hookom Derek J $200,000
Source: Public Records

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 $9,030 $126,000 $12,880 $113,120
2023 $10,903 $133,000 $17,500 $115,500
2022 $10,834 $174,930 $17,500 $157,430
2021 $13,358 $174,930 $17,500 $157,430
2020 $13,392 $147,000 $14,700 $132,300
2019 $12,027 $420,000 $42,000 $378,000
2018 $9,749 $147,000 $14,700 $132,300
2017 $7,252 $81,100 $10,330 $70,770
2016 $7,196 $81,100 $10,330 $70,770
2015 $5,175 $81,100 $10,330 $70,770
2014 $5,175 $57,360 $10,010 $47,350
Source: Public Records

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