NOT LISTED FOR SALE

5501 Turney Rd Cleveland, OH 44125

Estimated Value: $112,000 - $168,000

2 Beds
1 Bath
1,284 Sq Ft
$103/Sq Ft Est. Value

Last Sold January 24, 2019

Last sale price $40,500 $32 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $824/month

22 Days on Market

Highlights

  • Corner Lot
  • Enclosed Patio or Porch
  • Forced Air Heating System
  • 2 Car Direct Access Garage
  • Bungalow
  • West Facing Home

About This Home

As of January 2019

Garfield Heights Bungalow featuring an attached garage with newer garage door and an electric opener, enclosed porch, aluminum siding, as well as vinyl replacement and glass block windows. The finished basement offers a bar and family rec room area. The large walk-up attic offers plenty of storage space. This home is priced to create a great investment opportunity. This property is owned by The Secretary of Veterans Affairs and Sold As-Is and Where-Is with No Disclosures, Expressed or Implied. The property was built prior to 1978 and lead-based paint may potentially exist. All offers must be on VA contract (attached to the MLS). The buyer must assume any and all City of Garfield Heights POS requirements. This property may qualify for Seller Financing (Vendee).
***Multiple Offers*** Highest and Best Offer due 10/01/2018 8:00 AM EST *Offers must include multiple offer notification form attached to MLS.

Last Agent to Sell the Property

Shane Kendall

Market First Real Estate Services License #2003001291 Listed on: 09/20/2018

Last Buyer's Agent

Matt Hlavac

Deleted Agent License #2007005215

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 6,338 Sq Ft Lot
  • Lot Dimensions are 134.9x47
  • West Facing Home
  • Corner Lot

Home Design

  • Bungalow
  • Asphalt Roof

Interior Spaces

  • 1.5-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Manor Community

Listing and Financial Details

  • Assessor Parcel Number 545-22-094

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Bungalow
  • House Faces: West
  • Price Per Square Foot: 47.31
  • Estimated Price per Sq Ft: 47.31
  • Year Built Exception: Not Verifiable
  • Num Of Stories: 1.50
  • Total Sq Ft: 856
  • Year Built: 1952
  • Geocode Confidence: High
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1952

Interior Features

  • Appliances Equipment: CO Detector, Dishwasher, Smoke Detector
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Basement Detail: Finished, Full
  • Sq Ft Approx Above Grade Finished: 856.00
  • Sq Ft Approx Below Grade Finished: 428.00
  • Sq Ft Approx Total Finished: 1284.00

Exterior Features

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

Garage/Parking

  • Driveway: Paved
  • Garage Features: Access from Unit, Attached, Door Opener, Electric
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Manor

Schools

  • School District: Garfield Heights CSD

Lot Info

  • Lot Dimensions: 134.9x47
  • Lot Description: Corner
  • Lot Size Units: Acres
  • Acres: 0.1455
  • Parcel Number: 545-22-094

Tax Info

  • Tax: 2796

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2018
Closed on
Dec 12, 2018
Sold by
Secretary Of Veterans Affairs
Bought by
Rgls Properties Llc
Seller's Agent
Shane Kendall
Market First Real Estate Services
Buyer's Agent
Matt Hlavac
Deleted Agent
List Price
$32,500
Sold Price
$40,500
Premium/Discount to List
$8,000
24.62%
Current Estimated Value
$131,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,164
Avg. Annual Appreciation
19.05%

Purchase Details

Closed on
Nov 15, 2018
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Veterans Affairs and Department Of Veterans Affairs

Purchase Details

Closed on
Sep 10, 2018
Sold by
Salvaggio Carolyn J
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 31, 2007
Sold by
Salvaggio Mario C and Salvaggio Carolyn J
Bought by
Salvaggio Mario C and Salvaggio Carolyn J

Purchase Details

Closed on
Jun 19, 1996
Sold by
Bohrer Bernadette
Bought by
Salvaggio Mario C and Salvaggio Carolyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,100
Interest Rate
9%
Mortgage Type
VA
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
Rgls Properties Llc -- Ohio Real Title
Secretary Of Veterans Affairs -- None Available
Wells Fargo Bank Na $23,334 None Available
Salvaggio Mario C -- Attorney
Salvaggio Mario C $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salvaggio Mario C $73,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2019 01/24/19 Sold $40,500 0.0% $32 / Sq Ft
10/12/2018 10/12/18 Off Market $40,500 -- --
10/12/2018 10/12/18 Pending -- -- --
09/20/2018 09/20/18 For Sale $32,500 -- $25 / 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 $4,050 $38,465 $7,350 $31,115
2023 $2,135 $17,750 $6,620 $11,130
2022 $2,096 $17,750 $6,620 $11,130
2021 $2,210 $17,750 $6,620 $11,130
2020 $2,868 $22,400 $5,290 $17,120
2019 $3,248 $64,000 $15,100 $48,900
2018 $2,887 $22,400 $5,290 $17,120
2017 $2,796 $21,180 $4,410 $16,770
2016 $2,836 $21,180 $4,410 $16,770
2015 $2,727 $21,180 $4,410 $16,770
2014 $2,727 $22,300 $4,660 $17,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4039102

MLS Now

APN: 545-22-094