NOT LISTED FOR SALE

5506 Gerald Ave Cleveland, OH 44129

Estimated Value: $281,000 - $323,107

3 Beds
2.5 Baths
2,942 Sq Ft
$104/Sq Ft Est. Value

Last Sold November 02, 2020

Last sale price $205,000 $70 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,041/month

9 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • 2 Car Attached Garage
  • Park or Greenbelt View
  • Porch
  • 2-minute walk to Jerry Stano Park

About This Home

As of November 2020

Welcome home to this stately brick front Colonial(built in 2006), situated right across the street from a park/playground & close to all amenities & quick interstate access! This lovely home boasts almost 3,000 total sq.ft of living space, 3 bedrooms, 2 1/2 baths, first floor laundry option, finished basement and new privately fenced in yard with nice patio to enjoy! The bright & inviting 2 story foyer opens to the large family room w/ hardwood floors and cozy gas fireplace. Spacious eat-in kitchen with freshly painted white cabinetry, pantry, included appliances, breakfast bar & dining space w/ slider out to the fenced in yard; the perfect spot for a BBQ and for kids & pets to run & play. A convenient 1/2 bath & 1st floor laundry option complete the main level. The gracious open stairway w/ plush new carpet leads to a loft space, 8x7 office/storage room and 3 comfortable bedrooms with all w/ plush newer carpet showcasing the master bedroom with hardwood floors, 2 walk-in closets & glamour bath w/ large soaking tub & walk-in shower. More living space is found downstairs in the partially finished basement with sprawling bar, separate storage room & 2nd laundry area. A great place to call home, call today for a private showing!

Last Agent to Sell the Property

Sylvia Incorvaia

EXP Realty, LLC. License #411497 Listed on: 09/04/2020

EXP Realty, LLC.

Last Buyer's Agent

Daniela Maragos

Keller Williams Elevate License #2013001148

Keller Williams Elevate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,488

Year Built

  • Built in 2006

Lot Details

  • 5,929 Sq Ft Lot
  • Lot Dimensions are 50 x 119

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Park or Greenbelt Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

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

Outdoor Features

  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 443-08-128

Community Details

Overview

  • Gerald Park Community

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,488

Year Built

Built in 2006

Lot Details

5,929 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • Price Per Square Foot: 95.70
  • Estimated Price per Sq Ft: 95.70
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2142
  • Year Built: 2006
  • Court Ordered Y N: No
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2006

Interior Features

  • Appliances Equipment: Dishwasher, Microwave, Range, Refrigerator
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 8
  • Basement Detail: Finished, Full, Partially Finished
  • Laundry Lower: 1
  • Laundry On Main: 1
  • Laundry: 2
  • Sq Ft Approx Above Grade Finished: 2142.00
  • Sq Ft Approx Below Grade Finished: 800.00
  • Sq Ft Approx Total Finished: 2942.00

Exterior Features

  • View: Park
  • Exterior: Brick, Vinyl
  • Exterior Features: Patio, Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities: Park, Playground

Condo/Co-op/Association

  • Subdivision Complex: Gerald Park

Schools

  • School District: Parma CSD

Lot Info

  • Lot Dimensions: 50 x 119
  • Lot Size Units: Acres
  • Acres: 0.1361
  • Parcel Number: 443-08-128

Tax Info

  • Tax: 4488

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Oct 30, 2020
Sold by
Gates Tammy L
Bought by
Treska Alianna C and Morales Luis D
Seller's Agent
Sylvia Incorvaia
EXP Realty, LLC.
Buyer's Agent
Daniela Maragos
Keller Williams Elevate
List Price
$210,000
Sold Price
$205,000
Premium/Discount to List
-$5,000
-2.38%
Current Estimated Value
$304,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,777
Avg. Annual Appreciation
7.66%
Original Mortgage
$201,286
Outstanding Balance
$176,647
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$128,130

Purchase Details

Listed on
Sep 14, 2018
Closed on
Oct 30, 2018
Sold by
Goldsmith James A and The Trust Of Susan Kohn
Bought by
Gates Tammy L
Seller's Agent
John Vrsansky, Jr.
On Target Realty, Inc.
Buyer's Agent
Bill Brannigan
Russell Real Estate Services
List Price
$159,900
Sold Price
$168,500
Premium/Discount to List
$8,600
5.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.25%
Original Mortgage
$143,225
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 2018
Sold by
Claudio Jessica
Bought by
Susan Kohn Trust

Purchase Details

Listed on
May 10, 2014
Closed on
Aug 7, 2014
Sold by
Truong Kenny and Truong Phuc H
Bought by
Claudio Jessica M
Seller's Agent
Laura Chahulski
Deleted Agent
Buyer's Agent
Robbie Saridakis
Deleted Agent
List Price
$175,000
Sold Price
$150,000
Premium/Discount to List
-$25,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$150,000
Interest Rate
4.11%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 28, 2011
Sold by
Soosaimanickam George T and Michael Victoria
Bought by
Truong Kenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
2.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2006
Sold by
Glenwood Homes Ltd
Bought by
Soosaimanickam George T and Michael Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Treska Alianna C $205,000 First Meridian Title
Gates Tammy L $168,500 Newman Title
Susan Kohn Trust -- None Available
Claudio Jessica M $150,000 Land Title
Truong Kenny $160,000 None Available
Soosaimanickam George T $192,632 Quality Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Treska Alianna C $201,286
Previous Owner Gates Tammy L $143,225
Previous Owner Claudio Jessica M $150,000
Previous Owner Truong Kenny $128,000
Previous Owner Soosaimanickam George T $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2020 11/02/20 Sold $205,000 -2.4% $70 / Sq Ft
09/13/2020 09/13/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $210,000 +24.6% $71 / Sq Ft
10/31/2018 10/31/18 Sold $168,500 +5.4% $79 / Sq Ft View Prior Sale
09/21/2018 09/21/18 Pending -- -- --
09/14/2018 09/14/18 For Sale $159,900 +6.6% $75 / Sq Ft
08/15/2014 08/15/14 Sold $150,000 -14.3% $59 / Sq Ft View Prior Sale
07/24/2014 07/24/14 Pending -- -- --
05/10/2014 05/10/14 For Sale $175,000 -- $68 / Sq Ft
Source: MLS Now

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
2025 $5,072 $91,455 $11,130 $80,325
2024 $5,405 $91,455 $11,130 $80,325
2023 $4,930 $71,760 $10,190 $61,570
2022 $4,885 $71,750 $10,190 $61,570
2021 $5,032 $71,750 $10,190 $61,570
2020 $4,397 $55,300 $7,840 $47,460
2019 $4,275 $158,000 $22,400 $135,600
2018 $2,128 $55,300 $7,840 $47,460
2017 $4,033 $48,870 $5,920 $42,950
2016 $4,007 $48,870 $5,920 $42,950
2015 $3,918 $48,870 $5,920 $42,950
2014 $3,918 $49,840 $6,020 $43,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4220496

MLS Now

APN: 443-08-128

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