NOT LISTED FOR SALE

5501 Gifford Ave Cleveland, OH 44144

Old Brooklyn Neighborhood

Estimated Value: $157,297 - $184,000

3 Beds
1 Bath
1,697 Sq Ft
$101/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $92,000 $54 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,140/month

7 Days on Market

Highlights

  • Cape Cod Architecture
  • Enclosed Patio or Porch
  • Shops
  • 1 Car Detached Garage
  • Home Security System
  • Forced Air Heating and Cooling System

About This Home

As of March 2018

Wonderfully cared for 3 bedroom Brick Cape Cod offers spacious living room with hard wood floors under carpet, dining room, bright kitchen & all appliances (including washer and dryer) stay. Enclosed sun porch for relaxing and enjoying the many perennial plants once spring arrives. Huge finished lower level with bar, pantry, laundry room. shower, glass block windows and lots of storage. This house has blown in insulation. Monthly gas bill budget $51.00. Elec. avg is $42. Brick and block 1.5 garage has opener, drain and elec. Central air! Wonderfully located I-480 & I-71. Close to Ridge Park Square and Cleveland MetroParks Zoo. Pride of ownership is evident throughout! One-Year Home Warranty included.

Last Agent to Sell the Property

Emmy Gregory

RE/MAX Above & Beyond License #347044 Listed on: 02/01/2018

RE/MAX Above & Beyond

Last Buyer's Agent

Leticia Holmes

Keller Williams Elevate License #416885

Keller Williams Elevate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $660

Year Built

  • Built in 1953

Lot Details

  • 5,401 Sq Ft Lot
  • Lot Dimensions are 40x135

Home Design

  • Cape Cod Architecture
  • Bungalow
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1.5-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Drain
  • Garage Door Opener

Outdoor Features

  • Enclosed Patio or Porch

Utilities

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

Community Details

  • Memphis Heights Community
  • Shops

Listing and Financial Details

  • Assessor Parcel Number 012-02-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$660

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Bungalow, Cape Cod
  • Price Per Square Foot: 73.02
  • Estimated Price per Sq Ft: 73.02
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 1260
  • Year Built: 1953
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1953

Interior Features

  • Appliances Equipment: Cooktop, Dryer, Humidifier, Range, Refrigerator, Security System, Washer
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 7
  • Basement Detail: Finished, Full
  • Sq Ft Approx Above Grade Finished: 1260.00
  • Sq Ft Approx Below Grade Finished: 437.00
  • Sq Ft Approx Total Finished: 1697.00

Exterior Features

  • Exterior: Brick
  • Exterior Features: Enclosed Patio/Porch, Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached, Door Opener, Drain, Electric
  • Garage Num Of Cars: 1

Utilities

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

Association/Amenities

  • Amenities: Shopping/Mall

Condo/Co-op/Association

  • Subdivision Complex: Memphis Heights

Schools

  • School District: Cleveland Municipal

Lot Info

  • Lot Dimensions: 40x135
  • Lot Size Units: Acres
  • Acres: 0.1240
  • Parcel Number: 012-02-042

Tax Info

  • Tax: 660

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2018
Closed on
Mar 20, 2018
Sold by
Cammarata Janice L and Kara Frances Joseph
Bought by
Peterson Yeremy Madelin
Seller's Agent
Emmy Gregory
RE/MAX Above & Beyond
Buyer's Agent
Leticia Holmes
Keller Williams Elevate
List Price
$94,900
Sold Price
$92,000
Premium/Discount to List
-$2,900
-3.06%
Current Estimated Value
$170,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,824
Avg. Annual Appreciation
8.48%
Original Mortgage
$89,240
Outstanding Balance
$76,363
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$94,461

Purchase Details

Closed on
Feb 6, 2015
Sold by
Karas Francis J
Bought by
Karas Francis J

Purchase Details

Closed on
Jan 20, 1999
Sold by
Karas Francis J and Karas Dorothy M
Bought by
Karas Francis J and Karas Dorothy M

Purchase Details

Closed on
Mar 17, 1995
Sold by
Halupnik Philip J
Bought by
Karas Francis J and Karas Dorothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
8.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 1991
Sold by
Mindick Andrew J
Bought by
Halupnik Philip J

Purchase Details

Closed on
Jun 29, 1988
Bought by
Mindick Andrew J

Purchase Details

Closed on
Feb 11, 1986
Sold by
Mindick Anna
Bought by
Mindick Anna - Life Estate

Purchase Details

Closed on
Jan 1, 1975
Bought by
Mindick Anna
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
Peterson Yeremy Madelin $92,000 Cleveland Home Title
Karas Francis J -- Attorney
Karas Francis J -- --
Karas Francis J $79,800 --
Halupnik Philip J $61,000 --
Mindick Andrew J -- --
Mindick Anna - Life Estate -- --
Mindick Anna -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Yeremy Madelin $89,240
Previous Owner Karas Francis J $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2018 03/23/18 Sold $92,000 -3.1% $54 / Sq Ft
02/08/2018 02/08/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $94,900 -- $56 / 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 $2,949 $44,975 $9,345 $35,630
2023 $2,552 $33,640 $6,690 $26,950
2022 $2,537 $33,640 $6,690 $26,950
2021 $2,511 $33,640 $6,690 $26,950
2020 $2,252 $26,080 $5,180 $20,900
2019 $2,083 $74,500 $14,800 $59,700
2018 $690 $26,080 $5,180 $20,900
2017 $1,319 $24,750 $4,550 $20,200
2016 $1,309 $24,750 $4,550 $20,200
2015 $1,541 $24,750 $4,550 $20,200
2014 $1,541 $27,510 $5,040 $22,470
Source: Public Records

Agents Affiliated with this Home

  • Emmy Gregory

    Seller's Agent in 2018

    Emmy Gregory

    RE/MAX

    (440) 668-4057

    2 in this area

    67 Total Sales

    Emmy Gregory
    Section Image

  • L

    Buyer's Agent in 2018

    Leticia Holmes

    Keller Williams Elevate

    (216) 402-3532

    16 in this area

    97 Total Sales

    Leticia Holmes
    Section Image

  • R

    Buyer Co-Listing Agent in 2018

    Richard Holmes

    Keller Williams Elevate

    (440) 668-7590

    14 in this area

    83 Total Sales

    Richard Holmes
    Section Image
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Map

Source: MLS Now

MLS Number: 3970379

MLS Now

APN: 012-02-042

Ohio Cuyahoga County Cleveland 44144 Old Brooklyn

5501 Gifford Ave, Cleveland, OH

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