NOT LISTED FOR SALE

5118 Philip Ave Maple Heights, OH 44137

Estimated Value: $114,000 - $145,000

4 Beds
2 Baths
1,502 Sq Ft
$87/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $96,500 $64 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $952/month

4 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Car Detached Garage
  • Forced Air Heating System
  • 1 Fireplace
  • Porch

About This Home

As of March 2021

Phenomenal opportunity for a recently renovated investment property in Maple Heights. This home has been renovated from top to bottom, with new HVAC and interior finishes. The front porch was recently rebuilt, and opens to a lovely living room with a fireplace and hardwood floors. Curved archways flow into the dining room. The kitchen includes newer cabinetry, ceramic tile floors, and a pantry. Two spacious bedrooms with hardwood floors and a recently remodeled bathroom complete the first floor. Upstairs, you will find two additional bedrooms and another full bathroom. The full lower level has been recently painted with a newer furnace, water heater, and ductwork, plus plenty of storage and a laundry area. Outside, there is a detached one-car garage and a nice-sized backyard. Located off of Libby Road, this home is conveniently located to area shopping, dining, and highways. Do not miss this one!

Last Agent to Sell the Property

The Young Team

Keller Williams Greater Metropolitan License #2009004440 Listed on: 12/10/2020

Keller Williams Greater Metropolitan

Last Buyer's Agent

Greg Erlanger

Keller Williams Citywide License #2004000516

Keller Williams Citywide

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,524

Year Built

  • Built in 1929

Lot Details

  • 5,441

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Asphalt Roof

Interior Spaces

  • 1,502 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Porch
  • 5,441 Sq Ft Lot

Community Details

  • Raimer Community

Listing and Financial Details

  • Assessor Parcel Number 781-27-049

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,524

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Cape Cod
  • Price Per Square Foot: 64.25
  • Estimated Price per Sq Ft: 64.25
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 1502
  • Year Built: 1929
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1929

Interior Features

  • Fireplaces: 1
  • Total Bedrooms: 4
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Room Count: 9
  • Basement Detail: Full, Unfinished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1502.00
  • Sq Ft Approx Total Finished: 1502.00

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 1

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Raimer

Schools

  • School District: Maple Heights CSD
  • School District: Maple Heights CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1249
  • Parcel Number: 781-27-049

Tax Info

  • Tax: 1524

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2020
Closed on
Feb 11, 2021
Sold by
Kodi Development Llc
Bought by
Smith Lashanda M
Seller's Agent
The Young Team
Keller Williams Greater Metropolitan
Buyer's Agent
Greg Erlanger
Keller Williams Citywide
List Price
$94,900
Sold Price
$96,500
Premium/Discount to List
$1,600
1.69%
Current Estimated Value
$130,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,296
Avg. Annual Appreciation
8.18%
Original Mortgage
$77,200
Outstanding Balance
$69,830
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$68,059

Purchase Details

Closed on
Jul 15, 2019
Sold by
Real Steward Investments Llc
Bought by
Kodi Developkent Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,750
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 12, 2018
Closed on
Apr 13, 2018
Sold by
Bayview Loan Servicing Llc
Bought by
Real Steward Investments Llc and Financial Investment Group Llc
Seller's Agent
Jennifer Palame
RE/MAX Above & Beyond
Buyer's Agent
Sheena Fain
Deleted Agent
List Price
$27,900
Sold Price
$25,000
Premium/Discount to List
-$2,900
-10.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.76%

Purchase Details

Closed on
Jan 9, 2018
Sold by
Radich Robert Joseph and Jp Morgan Chase Bank Na
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
Nov 12, 2013
Sold by
Radich Bernadette
Bought by
Radich Robert Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,890
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 19, 2004
Sold by
Radich Robert Joseph and Radich Bernadette
Bought by
Radich Robert Joseph and Radich Bernadette

Purchase Details

Closed on
Jun 17, 1996
Sold by
Lamantia Joel
Bought by
Radich Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,922
Interest Rate
8.05%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 10, 1980
Sold by
Semon Emery J and Semon Mary D
Bought by
Lamantia Joel

Purchase Details

Closed on
Jan 1, 1975
Bought by
Semon Emery J and Semon Mary D
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
Smith Lashanda M $96,500 None Available
Kodi Developkent Llc $50,000 Ohio Real Title
Real Steward Investments Llc $25,000 Fidelity Land Title Agency
Bayview Loan Servicing Llc $68,503 None Available
Radich Robert Joseph -- None Available
Radich Robert Joseph -- None Available
Radich Robert Joseph -- --
Radich Robert J $66,900 --
Lamantia Joel $46,300 --
Semon Emery J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Lashanda M $77,200
Previous Owner Kodi Developkent Llc $49,750
Previous Owner Radich Robert J $66,922
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold $96,500 +1.7% $64 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
12/10/2020 12/10/20 For Sale $94,900 +279.6% $63 / Sq Ft
04/17/2018 04/17/18 Sold $25,000 -10.4% $17 / Sq Ft
04/02/2018 04/02/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $27,900 -- $19 / 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 $3,092 $33,250 $7,140 $26,110
2023 $2,077 $18,480 $4,340 $14,140
2022 $2,070 $18,480 $4,340 $14,140
2021 $2,356 $18,480 $4,340 $14,140
2020 $1,891 $14,000 $3,290 $10,710
2019 $2,032 $40,000 $9,400 $30,600
2018 $1,489 $14,000 $3,290 $10,710
2017 $2,557 $11,690 $3,010 $8,680
2016 $3,147 $11,690 $3,010 $8,680
2015 $595 $11,690 $3,010 $8,680
2014 $595 $12,850 $3,330 $9,520
Source: Public Records

Agents Affiliated with this Home

  • The Young Team

    Seller's Agent in 2021

    The Young Team

    Keller Williams Greater Metropolitan

    (216) 378-9618

    7 in this area

    683 Total Sales

    The Young Team
    Section Image
  • Greg Erlanger

    Buyer's Agent in 2021

    Greg Erlanger

    Keller Williams Citywide

    (440) 892-2211

    25 in this area

    3,793 Total Sales

    Greg Erlanger
    Section Image
  • Jennifer Palame

    Seller's Agent in 2018

    Jennifer Palame

    RE/MAX

    (440) 546-1313

    1 in this area

    22 Total Sales

    Jennifer Palame
    Section Image

  • S

    Buyer's Agent in 2018

    Sheena Fain

    Deleted Agent

    Section Image
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Map

Source: MLS Now

MLS Number: 4244579

MLS Now

APN: 781-27-049

Ohio Cuyahoga County Maple Heights 44137

5118 Philip Ave, Maple Heights, OH

This home is located at 5118 Philip Ave, Maple Heights, OH 44137 since 10 December 2020 and is currently estimated at $130,796, approximately $87 per square foot. This property was built in 1929. 5118 Philip Ave is a home located in Cuyahoga County with nearby schools including Abraham Lincoln Elementary School, Rockside/ J.F. Kennedy School, and Barack Obama School.

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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