NOT LISTED FOR SALE

5480 W 227th St Cleveland, OH 44126

Estimated Value: $350,000 - $397,000

3 Beds
2.5 Baths
2,038 Sq Ft
$180/Sq Ft Est. Value

Last Sold May 19, 2017

Last sale price $217,500 $107 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,639/month

1 Day on Market

Highlights

  • Colonial Architecture
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Lewis F Mayer Middle School Rated 9+
  • Patio
  • East Facing Home

About This Home

As of May 2017

Spacious home conveniently located South of Lorain in Fairview Park. Off the large Foyer to the right is a formal Dining Room looking out to the darling, covered front porch. The Kitchen remodel (2013) included granite countertops, cabinets (with soft close) & appliances. A new garbage disposal was installed in 2017. The first floor flooring was installed in 2015. Enjoy additional living space in the large Family Room leading out to the covered patio. Up the stairs you will love the spacious Living Room with large picture window overlooking the fenced-in backyard. Three Bedrooms including a Master Suite complete the upstairs. Other updates include: Windows (2009), Central air (2012), Roof (complete tear off 2012), Insulation (2011). A partial Basement is the extra storage you are looking for. When the warm months arrive, enjoy the large backyard with all the space you need to host the perfect summer bbq.

Last Agent to Sell the Property

Jacquelyn Metzger

ERA Real Solutions Realty License #2005007490 Listed on: 03/29/2017

ERA Real Solutions Realty

Co-Listed By

Michael Yezbak

ERA Real Solutions Realty License #2008001309

Last Buyer's Agent

William Reilly

Howard Hanna License #298951

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,022

Year Built

  • Built in 1963

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 80x189
  • East Facing Home
  • Property is Fully Fenced
  • Wood Fence

Home Design

  • Colonial Architecture
  • Split Level Home
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2,038 Sq Ft Home
  • Unfinished Basement
  • Partial Basement
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Drain
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 331-04-065

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,022

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial, Split Level
  • House Faces: East
  • Price Per Square Foot: 106.72
  • Estimated Price per Sq Ft: 106.72
  • Year Built Exception: Actual YBT
  • Total Sq Ft: 2038
  • Year Built: 1963
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1963

Interior Features

  • Appliances Equipment: Cooktop, Dishwasher, Garbage Disposal, Wall Oven, Refrigerator, Smoke Detector
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Room Count: 8
  • Basement Detail: Partial, Unfinished
  • Sq Ft Approx Above Grade Finished: 2038.00
  • Sq Ft Approx Total Finished: 2038.00

Exterior Features

  • Exterior: Aluminum, Brick
  • Exterior Features: Patio
  • Fences: Full, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Door Opener, Drain, Electric
  • Garage Num Of Cars: 2

Utilities

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

Schools

  • School District: Fairview Park CSD

Lot Info

  • Lot Dimensions: 80x189
  • Lot Size Units: Acres
  • Acres: 0.3470
  • Parcel Number: 331-04-065

Tax Info

  • Tax: 5022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2017
Closed on
May 22, 2017
Sold by
Fleischer Patrick A and Fleischer Pamela A
Bought by
Lamb Brian J and Lamb Michelle L
Seller's Agent
Jacquelyn Metzger
ERA Real Solutions Realty
Buyer's Agent
William Reilly
Howard Hanna
List Price
$212,900
Sold Price
$217,500
Premium/Discount to List
$4,600
2.16%
Current Estimated Value
$367,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,958
Avg. Annual Appreciation
6.32%
Original Mortgage
$198,224
Outstanding Balance
$164,848
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$202,610

Purchase Details

Listed on
Mar 1, 2013
Closed on
Apr 17, 2013
Sold by
Meyer Brent H
Bought by
Fleischer Patrick A and Fleischer Pamela A
Seller's Agent
Joan Cannon
Howard Hanna
Buyer's Agent
Jacquelyn Metzger
ERA Real Solutions Realty
List Price
$169,900
Sold Price
$168,000
Premium/Discount to List
-$1,900
-1.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%
Original Mortgage
$159,600
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2008
Sold by
Mckinley Lynch Kristen and Lynch Sean A
Bought by
Meyer Brent H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,177
Interest Rate
6.04%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 25, 2000
Sold by
Kretschmar Sharon A
Bought by
Lynch Sean A and Lynch Kristin Mckinley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,825
Interest Rate
7.9%

Purchase Details

Closed on
May 18, 1992
Sold by
Kretschmar Frederick O
Bought by
Kretschmar Sharon A

Purchase Details

Closed on
Aug 16, 1985
Sold by
Frye Rolland D
Bought by
Kretschmar Frederick O

Purchase Details

Closed on
May 30, 1978
Sold by
Spagnuolo Adolph C and Spagnuolo Vivian
Bought by
Frye Rolland D

Purchase Details

Closed on
Jan 1, 1975
Bought by
Spagnuolo Adolph C and Spagnuolo Vivian
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lamb Brian J $217,500 Cleveland Home Title
Fleischer Patrick A $168,000 Barristers Title Agency
Meyer Brent H $162,000 Attorney
Lynch Sean A $153,500 Guardian Title
Kretschmar Sharon A -- --
Kretschmar Frederick O $85,000 --
Frye Rolland D $62,000 --
Spagnuolo Adolph C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamb Brian J $198,224
Previous Owner Fleischer Patrick A $159,600
Previous Owner Meyer Brent H $160,177
Previous Owner Lynch Sean A $145,825
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2017 05/19/17 Sold $217,500 +2.2% $107 / Sq Ft
03/30/2017 03/30/17 Pending -- -- --
03/29/2017 03/29/17 For Sale $212,900 +26.7% $104 / Sq Ft
04/19/2013 04/19/13 Sold $168,000 -1.1% $82 / Sq Ft View Prior Sale
03/03/2013 03/03/13 Pending -- -- --
03/01/2013 03/01/13 For Sale $169,900 -- $83 / 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 $8,501 $124,705 $23,170 $101,535
2023 $6,748 $84,390 $19,670 $64,720
2022 $6,579 $84,390 $19,670 $64,720
2021 $6,730 $84,390 $19,670 $64,720
2020 $6,187 $68,040 $15,860 $52,190
2019 $5,497 $194,400 $45,300 $149,100
2018 $5,162 $68,040 $15,860 $52,190
2017 $5,056 $57,760 $14,810 $42,950
2016 $5,022 $57,760 $14,810 $42,950
2015 $4,831 $57,760 $14,810 $42,950
2014 $4,831 $56,080 $14,390 $41,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3889215

MLS Now

APN: 331-04-065