NOT LISTED FOR SALE

5500 Ridge Rd Parma, OH 44129

-- Bed
-- Bath
29,840 Sq Ft
1.19 Acres

About This Home

This home is located at 5500 Ridge Rd, Parma, OH 44129. 5500 Ridge Rd is a home located in Cuyahoga County with nearby schools including Ridge-Brook Elementary School, Thoreau Park Elementary School, and Greenbriar Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2013
Sold by
Parma Medical Center Ltd
Bought by
Saleh Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.34%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 12, 2013
Sold by
Saleh Llc
Bought by
Parma Medical Center Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.34%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 4, 2013
Sold by
Parma Medica Center Ltd
Bought by
Saleh Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.34%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 27, 2002
Sold by
Whitaker Michael
Bought by
Parma Medical Center Ltd

Purchase Details

Closed on
Feb 27, 2001
Sold by
Whitaker Michael
Bought by
Parma Medical Center Ltd

Purchase Details

Closed on
Dec 22, 1997
Sold by
Colonna Vito
Bought by
Whitaker Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
7.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 27, 1993
Sold by
Machi Anthony C
Bought by
Colonna Vito

Purchase Details

Closed on
Aug 1, 1978
Bought by
Machi Anthony C

Purchase Details

Closed on
Jan 1, 1975
Bought by
Rini Realty Co.
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Saleh Llc -- Attorney
Parma Medical Center Ltd -- Attorney
Saleh Llc $1,600,000 Common Law Title
Parma Medical Center Ltd -- --
Parma Medical Center Ltd -- --
Whitaker Michael $1,000,000 --
Colonna Vito $975,000 --
Machi Anthony C $925,000 --
Rini Realty Co. -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saleh Llc $1,100,000
Previous Owner Whitaker Michael $660,000
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 $35,904 $447,720 $91,455 $356,265
2023 $47,466 $570,960 $96,040 $474,920
2022 $47,349 $570,960 $96,040 $474,920
2021 $49,047 $570,960 $96,040 $474,920
2020 $48,797 $543,760 $91,460 $452,310
2019 $47,657 $1,553,600 $261,300 $1,292,300
2018 $49,256 $543,760 $91,460 $452,310
2017 $51,097 $560,010 $91,460 $468,550
2016 $50,693 $560,010 $91,460 $468,550
2015 $50,610 $560,010 $91,460 $468,550
2014 $39,566 $441,640 $91,460 $350,180
Source: Public Records

Map

Ohio Cuyahoga County Parma 44129

5500 Ridge Rd, Parma, OH

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