NOT LISTED FOR SALE

5406 Velma Ave Cleveland, OH 44129

Estimated Value: $194,940 - $228,000

3 Beds
2 Baths
1,468 Sq Ft
$144/Sq Ft Est. Value

Last Sold March 13, 2013

Last sale price $35,000 $24 Per Sq Ft

Est. 504% increase in value since last sale

Current estimated payment $1,419/month

271 Days on Market

Highlights

  • Health Club
  • Medical Services
  • Deck
  • Golf Course Community
  • Colonial Architecture
  • Wooded Lot

About This Home

As of March 2013

Super nice home for the money!*1468 sqft. home loaded with charm & character*3 bedrms. and 2 full baths, plus possible 4th bedrm in bsmt*Finished 3rd floor*Newer Roof, Hot water tank and Siding*Appliances**Large Eat-in Kitchen plus Formal Dining Rm*Wood slider leads to multi-level deck w/gazebo overlooking large fenced backyard*Beautiful decorative fireplace in LR w/elegant carved sandstone mantel*Rich natural woodwork throughout*Great Classic Colonial home*FHA/VA OK*Short Sale subject to approval of any/all lienholders*Easy to show, see instructions.

Last Agent to Sell the Property

Charles Burmeister

Deleted Agent License #181913 Listed on: 03/01/2012

Deleted Agent

Last Buyer's Agent

Rachele Glynias

Howard Hanna License #427710

Howard Hanna

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1931

Lot Details

  • 5,619 Sq Ft Lot
  • Lot Dimensions are 40x140
  • South Facing Home
  • Property is Fully Fenced
  • Chain Link Fence
  • Wooded Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,468 Sq Ft Home
  • 2.5-Story Property
  • 1 Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 443-24-098

Community Details

Amenities

  • Medical Services
  • Shops
  • Laundry Facilities

Recreation

  • Golf Course Community
  • Health Club
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • House Faces: South
  • Price Per Square Foot: 23.84
  • Num Of Stories: 2.50
  • Total Sq Ft: 1468
  • Year Built: 1931
  • Geocode Confidence: Unknown
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Room Count: 11
  • Basement Detail: Finished, Full, Partially Finished
  • Living Area Sq Ft: 1468
  • Estimated Total Living Area: 1468
  • Estimated Sq Ft: 1468

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck, Patio, Porch
  • Fences: Chain Link, Full
  • 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

Association/Amenities

  • Amenities: Golf Available, Health Club, Laundromat, Medical Service, Park, Playground, Pool, Shopping/Mall, Tennis Courts

Schools

  • School District: Parma CSD

Lot Info

  • Lot Dimensions: 40x140
  • Lot Description: Wooded/Treed
  • Lot Size Area Sq Ft: 5619.0000
  • Lot Size Frontage: 40
  • Lot Size Units: Acres
  • Price Per Acre: 271317.83
  • Acres: 0.1290
  • Parcel Number: 443-24-098

Tax Info

  • Tax: 2610

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2012
Closed on
Mar 12, 2013
Sold by
Thomas Michael W and Thomas Linda L
Bought by
Heil Trevor J
Seller's Agent
Charles Burmeister
Deleted Agent
Buyer's Agent
Rachele Glynias
Howard Hanna
List Price
$35,000
Sold Price
$35,000
Current Estimated Value
$211,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,235
Avg. Annual Appreciation
15.28%
Original Mortgage
$29,507
Outstanding Balance
$20,775
Interest Rate
3.49%
Mortgage Type
FHA
Estimated Equity
$190,460

Purchase Details

Closed on
Jan 28, 1988
Sold by
Mencke Rosalie M
Bought by
Thomas Michael W

Purchase Details

Closed on
Dec 30, 1982
Sold by
Prabucki Linda
Bought by
Mencke Rosalie M

Purchase Details

Closed on
May 25, 1982
Sold by
Valine Thomas E and Valine L
Bought by
Prabucki Linda

Purchase Details

Closed on
Dec 2, 1975
Sold by
Knapik James W and Knapik Mary B
Bought by
Valine Thomas E and Valine L

Purchase Details

Closed on
Jan 1, 1975
Bought by
Knapik James W and Knapik Mary B
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
Heil Trevor J $35,000 Ohio Title Corp
Thomas Michael W $62,000 --
Mencke Rosalie M $49,900 --
Prabucki Linda -- --
Valine Thomas E -- --
Knapik James W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heil Trevor J $29,507
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2013 03/13/13 Sold $35,000 0.0% $24 / Sq Ft
11/27/2012 11/27/12 Pending -- -- --
03/01/2012 03/01/12 For Sale $35,000 -- $24 / 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 $3,693 $61,005 $10,745 $50,260
2023 $3,289 $46,620 $8,820 $37,800
2022 $3,258 $46,620 $8,820 $37,800
2021 $3,441 $46,620 $8,820 $37,800
2020 $2,934 $35,880 $6,790 $29,090
2019 $2,812 $102,500 $19,400 $83,100
2018 $1,934 $35,880 $6,790 $29,090
2017 $1,159 $12,010 $5,710 $6,300
2016 $1,153 $12,010 $5,710 $6,300
2015 $1,033 $12,010 $5,710 $6,300
2014 $1,033 $12,250 $5,810 $6,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3297533

MLS Now

APN: 443-24-098