NOT LISTED FOR SALE

5507 Forest Ave Cleveland, OH 44129

Estimated Value: $191,000 - $216,000

3 Beds
1.5 Baths
1,472 Sq Ft
$138/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $146,550 $100 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,333/month

2 Days on Market

Highlights

  • Cape Cod Architecture
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of April 2021

Your heart will fall in love with this Parma Gem! New luxury Vinyl, New Carpet, Beautiful hardwood floors, New Stainless Steel appliances, new paint, updated Mechanicals and much more! perfect mix ..little bit of retro with a little bit of today! Even built ins! Come and see for yourself. This house is the perfect home for you! Call today to set up your own private showing. Agent has relationship with the seller.

Last Agent to Sell the Property

Mark Metz

Keller Williams Elevate License #450293 Listed on: 03/07/2021

Keller Williams Elevate

Last Buyer's Agent

Morgan Curtiss

Keller Williams Greater Metropolitan License #2016003363

Keller Williams Greater Metropolitan

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,451

Year Built

  • Built in 1950

Lot Details

  • 4,800 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Asphalt Roof

Interior Spaces

  • 1.5-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Utilities

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

Community Details

  • Ridgewood Gardens Anx Community

Listing and Financial Details

  • Assessor Parcel Number 443-09-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,451

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Cape Cod
  • Price Per Square Foot: 134.20
  • Estimated Price per Sq Ft: 134.20
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 1092
  • Year Built: 1950
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1950

Interior Features

  • Total Bedrooms: 3
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1092.00
  • Sq Ft Approx Below Grade Finished: 380.00
  • Sq Ft Approx Total Finished: 1472.00

Exterior Features

  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Ridgewood Gardens Anx

Schools

  • School District: Parma CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1102
  • Parcel Number: 443-09-031

Tax Info

  • Tax: 2451

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2021
Closed on
Apr 13, 2021
Sold by
Martinez Alejandro
Bought by
Veliconia Andrew S and Baker Marta L
Seller's Agent
Mark Metz
Keller Williams Elevate
Buyer's Agent
Morgan Curtiss
Keller Williams Greater Metropolitan
List Price
$129,900
Sold Price
$146,550
Premium/Discount to List
$16,650
12.82%
Current Estimated Value
$203,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,778
Avg. Annual Appreciation
7.50%
Original Mortgage
$117,240
Outstanding Balance
$105,854
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$97,474

Purchase Details

Listed on
Jun 26, 2020
Closed on
Jul 29, 2020
Sold by
Hudak Patricia A and Hudak Gregory J
Bought by
Martinez Alejandro
Seller's Agent
Ada Wiley
Howard Hanna
Buyer's Agent
Mark Metz
Keller Williams Elevate
List Price
$88,000
Sold Price
$70,880
Premium/Discount to List
-$17,120
-19.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
174.25%

Purchase Details

Closed on
Jul 27, 2019
Sold by
Funk Patricia A and Estate Of Albert G Hudak
Bought by
Martinez Alejandro

Purchase Details

Closed on
Jul 11, 1983
Sold by
Schroth Glenn L
Bought by
Hudak Gregory J and Hudak Albert G

Purchase Details

Closed on
Jan 17, 1980
Sold by
Schroth Glenn L and Schroth Naomi J
Bought by
Schroth Glenn L

Purchase Details

Closed on
Jan 1, 1975
Bought by
Schroth Glenn L and Schroth Naomi J
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
Veliconia Andrew S $146,550 Title Alliance Of North
Martinez Alejandro $70,880 Title Alliance
Martinez Alejandro -- Title Alliance
Hudak Gregory J $57,000 --
Schroth Glenn L -- --
Schroth Glenn L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veliconia Andrew S $117,240
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/16/2021 04/16/21 Sold $146,550 -0.3% $100 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
03/08/2021 03/08/21 Price Changed $147,000 +13.2% $100 / Sq Ft
03/07/2021 03/07/21 For Sale $129,900 +83.3% $88 / Sq Ft
07/29/2020 07/29/20 Sold $70,880 -19.5% $65 / Sq Ft View Prior Sale
06/29/2020 06/29/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $88,000 -- $81 / 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 $3,222 $52,465 $9,940 $42,525
2023 $2,884 $40,320 $8,190 $32,130
2022 $2,856 $40,320 $8,190 $32,130
2021 $2,981 $40,320 $8,190 $32,130
2020 $2,573 $31,010 $6,300 $24,710
2019 $2,461 $88,600 $18,000 $70,600
2018 $2,476 $31,010 $6,300 $24,710
2017 $2,389 $27,900 $5,250 $22,650
2016 $2,374 $27,900 $5,250 $22,650
2015 $2,262 $27,900 $5,250 $22,650
2014 $2,262 $28,460 $5,360 $23,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4260436

MLS Now

APN: 443-09-031