NOT LISTED FOR SALE

407 Prospect Ave E Cleveland, OH 44115

Public Square Neighborhood

Estimated Value: $332,000 - $356,000

2 Beds
2 Baths
1,705 Sq Ft
$202/Sq Ft Est. Value

About This Home

This home is located at 407 Prospect Ave E, Cleveland, OH 44115 and is currently estimated at $344,734, approximately $202 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
May 16, 2024
Sold by
Ward Estates Llc
Bought by
Garcia Ruben A and Vega Sharon M
Current Estimated Value
$344,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Outstanding Balance
$261,734
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$83,000

Purchase Details

Closed on
Nov 29, 2010
Sold by
Gibb Brian P and Gibb Nicole L
Bought by
Ward Estates Llc

Purchase Details

Closed on
Dec 23, 2005
Sold by
Sincere Building Investment Llc
Bought by
Gibb Brian P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 31, 2003
Sold by
Sincere Building Newco Llc
Bought by
Sincere Building Investment Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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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
Garcia Ruben A $295,000 Transfer Title Agency
Ward Estates Llc $225,000 Cleveland Home Title
Gibb Brian P $279,900 Erie Title Agency
Sincere Building Investment Llc -- Erie Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Ruben A $265,500
Previous Owner Gibb Brian P $130,000
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 $7,344 $102,375 $10,255 $92,120
2023 $7,979 $96,610 $14,110 $82,500
2022 $7,927 $141,330 $14,110 $127,230
2021 $10,793 $141,330 $14,110 $127,230
2020 $10,494 $118,790 $11,870 $106,930
2019 $9,719 $339,400 $33,900 $305,500
2018 $6,959 $118,790 $11,870 $106,930
2017 $5,821 $68,850 $8,720 $60,130
2016 $5,777 $50,440 $8,720 $41,720
2015 $4,124 $50,440 $8,720 $41,720
2014 $4,124 $48,960 $8,470 $40,490
Source: Public Records

Map

Ohio Cuyahoga County Cleveland 44115 Public Square

407 Prospect Ave E, Cleveland, OH

Not Listed for Sale

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