NOT LISTED FOR SALE

5206 Forest Ave Maple Heights, OH 44137

Estimated Value: $81,000 - $134,000

3 Beds
1 Bath
1,174 Sq Ft
$97/Sq Ft Est. Value

Last Sold September 06, 2024

Last sale price $72,500 $62 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $717/month

143 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of September 2024

Invest in this single-family property This investment property offers opportunity for both seasoned and new investors. Located in a peaceful residential area, it's an excellent choice for long-term wealth building. Don't miss out on the potential for long-term financial growth in the thriving Cleveland real estate market! Cleveland, Ohio, is known for its strong rental market and is home to diverse employment opportunities, educational institutions, and recreational options. This property's location provides easy access to some of the amenities and services your tenant may need. Contact us today to schedule a viewing or for more information on this fantastic investment opportunity. Buyers are advised to conduct their due diligence and verify all details independently, All information provided is deemed reliable but not guaranteed.

Last Agent to Sell the Property

Jermaine Carter

Parkview Realty Group Ltd Brokerage Email: 216-712-8382 markmcguire@parkviewrg.com License #2021001150 Listed on: 02/25/2024

Last Buyer's Agent

Mark Wilson

BHR & Associates License #2023004748

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1919

Lot Details

  • 5,227

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Fixer Upper
  • Frame Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System

Additional Features

  • 2-Story Property
  • 5,227 Sq Ft Lot
  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Maple Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 784-28-108

Home Details

Home Type

Single Family

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1919
  • Attribution Contact: 216-712-8382 markmcguire@parkviewrg.com
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Maple Grove
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Reso Property Condition: Fixer
  • Tax Year: 2022
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Stories: 2

Exterior Features

  • Roof: Asbestos Shingle
  • Acres: 0.12
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Home Warranty: No
  • Construction Type: Frame

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Maple Heights CSD - 1818

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 784-28-108
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2618.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2025
Sold by
Masterson Joseph Vincent
Bought by
Krm Investments Llc
Current Estimated Value
$113,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Outstanding Balance
$107,617
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$5,838

Purchase Details

Listed on
Feb 25, 2024
Closed on
Sep 4, 2024
Sold by
Yee Richard and Yee Christy
Bought by
Masterson Joseph Vincent
Seller's Agent
Jermaine Carter
Parkview Realty Group Ltd
Buyer's Agent
Mark Wilson
BHR & Associates
List Price
$84,900
Sold Price
$72,500
Premium/Discount to List
-$12,400
-14.61%
Views
154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.38%
Original Mortgage
$58,000
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 27, 2021
Sold by
Tanner Custer A and Tanner Carla S
Bought by
Home Partners Inc

Purchase Details

Closed on
Apr 4, 2012
Sold by
Tanner Custer A and Tanner Doris J
Bought by
Tanner Ii Custer A and Tanner Carla S

Purchase Details

Closed on
Jan 1, 1975
Bought by
Tanner Custer A and Tanner Doris J
Source: Public Records

Range of Values:

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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
Krm Investments Llc $135,000 Revere Title
Masterson Joseph Vincent $72,500 Ohio Real Title
Home Partners Inc $27,500 None Listed On Document
Tanner Ii Custer A -- Enterprise Title Agency
Tanner Custer A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krm Investments Llc $108,000
Previous Owner Masterson Joseph Vincent $58,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2024 09/06/24 Sold $72,500 -8.2% $62 / Sq Ft
07/18/2024 07/18/24 Pending -- -- --
06/14/2024 06/14/24 Price Changed $79,000 -6.9% $67 / Sq Ft
05/09/2024 05/09/24 For Sale $84,900 0.0% $72 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
02/25/2024 02/25/24 For Sale $84,900 -- $72 / 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 $4,806 $35,700 $7,280 $28,420
2023 $2,323 $21,140 $3,850 $17,290
2022 $2,618 $21,140 $3,850 $17,290
2021 $2,415 $21,140 $3,850 $17,290
2020 $2,065 $16,000 $2,910 $13,090
2019 $2,053 $45,700 $8,300 $37,400
2018 $1,966 $16,000 $2,910 $13,090
2017 $2,043 $15,650 $3,710 $11,940
2016 $1,976 $15,650 $3,710 $11,940
2015 $1,891 $15,650 $3,710 $11,940
2014 $1,872 $16,140 $3,820 $12,320
Source: Public Records

Agents Affiliated with this Home

  • Jermaine Carter

    Seller's Agent in 2024

    Jermaine Carter

    Parkview Realty Group Ltd

    (216) 387-5190

    3 in this area

    16 Total Sales

    Jermaine Carter
    Section Image

  • M

    Buyer's Agent in 2024

    Mark Wilson

    BHR & Associates

    (216) 205-2636

    1 in this area

    31 Total Sales

    Mark Wilson
    Section Image
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Map

Source: MLS Now

MLS Number: 5019785

MLS Now

APN: 784-28-108

Ohio Cuyahoga County Maple Heights 44137

5206 Forest Ave, Maple Heights, OH

This home is located at 5206 Forest Ave, Maple Heights, OH 44137 since 25 February 2024 and is currently estimated at $113,455, approximately $96 per square foot. This property was built in 1919. 5206 Forest 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.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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