NOT LISTED FOR SALE

5614 Velma Ave Cleveland, OH 44129

Estimated Value: $178,000 - $216,000

3 Beds
1 Bath
1,252 Sq Ft
$159/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $141,000 $113 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,333/month

Highlights

  • Cape Cod Architecture
  • 1 Car Detached Garage
  • South Facing Home
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Partially Fenced Property

About This Home

As of December 2020

The perfect mix of charm and updates in this Parma bungalow! The roomy first-floor living room features a lovely fireplace, and there's also a first-floor bedroom (currently being used as a second living room/office). The big dining room can hold many family and friends, and cooking is easy in the updated kitchen with stainless steel appliances! Upstairs you'll find the two other bedrooms and a full bath. The partially finished basement has lots of room for all your hobbies. Outside there's plenty of room to relax and grill on the newer concrete patio! Most of the big-ticket items have recently been updated: carpet (Oct 2020), roof (2019), furnace (2012), many windows (2011/2018), insulation (2010). Get ready to make this one yours!

Last Agent to Sell the Property

Jessica Chodaczek

LoFaso Real Estate Services License #2014000438 Listed on: 10/21/2020

Last Buyer's Agent

Christopher Knight

Allstar Management, LLC. License #2017004309

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,606

Year Built

  • Built in 1934

Lot Details

  • 6,299 Sq Ft Lot
  • Lot Dimensions are 45 x 140
  • South Facing Home
  • Partially Fenced Property
  • Wood Fence

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Bungalow
  • Asphalt Roof

Interior Spaces

  • 1,252 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

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

Community Details

  • Grandview Park Community

Listing and Financial Details

  • Assessor Parcel Number 443-24-088

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,606

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Bungalow, Cape Cod
  • House Faces: South
  • Price Per Square Foot: 112.62
  • Estimated Price per Sq Ft: 112.62
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 1252
  • Year Built: 1934
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1934

Interior Features

  • Appliances Equipment: Dishwasher, Microwave, Range, Refrigerator
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Detail: Full, Partially Finished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1252.00
  • Sq Ft Approx Total Finished: 1252.00

Exterior Features

  • Exterior: Aluminum
  • Fences: Partial, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 1

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Grandview Park

Schools

  • School District: Parma CSD

Lot Info

  • Lot Dimensions: 45 x 140
  • Lot Size Units: Acres
  • Acres: 0.1446
  • Parcel Number: 443-24-088

Tax Info

  • Tax: 2606

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Dec 2, 2020
Sold by
Hume Levi P and Hume Jennifer L
Bought by
Crawford Mitch
Seller's Agent
Jessica Chodaczek
LoFaso Real Estate Services
Buyer's Agent
Christopher Knight
Allstar Management, LLC.
List Price
$129,900
Sold Price
$141,000
Premium/Discount to List
$11,100
8.55%
Current Estimated Value
$198,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,591
Avg. Annual Appreciation
7.24%
Original Mortgage
$136,770
Outstanding Balance
$121,983
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$76,608

Purchase Details

Closed on
Feb 24, 2010
Sold by
Kulaga Michael and Kulaga Melanie
Bought by
Hume Levi P and Hume Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,315
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 9, 2009
Sold by
Dudas Deborah K and Reinke Deborah K
Bought by
Kulaga Michael

Purchase Details

Closed on
Jan 5, 1993
Sold by
Mack Kathleen A
Bought by
Reinke Deborah K

Purchase Details

Closed on
May 21, 1985
Sold by
Janosek Norma Jeanne
Bought by
Mack Kathleen A

Purchase Details

Closed on
Mar 27, 1984
Sold by
Samuel R Janosek
Bought by
Janosek Norma Jeanne

Purchase Details

Closed on
Jan 25, 1983
Sold by
Janosek Samuel R
Bought by
Samuel R Janosek

Purchase Details

Closed on
Nov 16, 1978
Sold by
Schnell Evelyn L
Bought by
Janosek Samuel R

Purchase Details

Closed on
Jan 1, 1975
Bought by
Schnell Evelyn L
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
Crawford Mitch $141,000 Northstar Title Agency
Hume Levi P $93,000 City Title Agency
Kulaga Michael $55,000 City Title Company
Reinke Deborah K $74,000 --
Mack Kathleen A $52,000 --
Janosek Norma Jeanne -- --
Samuel R Janosek -- --
Janosek Samuel R $57,500 --
Schnell Evelyn L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crawford Mitch $136,770
Previous Owner Hume Levi P $91,315
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2020 12/04/20 Sold $141,000 +8.5% $113 / Sq Ft
10/25/2020 10/25/20 Pending -- -- --
10/24/2020 10/24/20 For Sale $129,900 -- $104 / 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 $3,454 $56,350 $11,410 $44,940
2023 $3,477 $49,360 $9,980 $39,380
2022 $3,441 $49,350 $9,975 $39,375
2021 $3,541 $49,350 $9,980 $39,380
2020 $2,722 $32,870 $7,670 $25,200
2019 $2,606 $93,900 $21,900 $72,000
2018 $2,621 $32,870 $7,670 $25,200
2017 $2,475 $28,880 $6,020 $22,860
2016 $2,460 $28,880 $6,020 $22,860
2015 $2,351 $28,880 $6,020 $22,860
2014 $2,351 $29,480 $6,130 $23,350
Source: Public Records

Agents Affiliated with this Home

  • Jessica Chodaczek

    Seller's Agent in 2020

    Jessica Chodaczek

    LoFaso Real Estate Services

    (216) 407-8896

    30 in this area

    260 Total Sales

    Jessica Chodaczek
    Section Image
  • Christopher Knight

    Buyer's Agent in 2020

    Christopher Knight

    Allstar Management, LLC.

    (216) 534-2105

    16 in this area

    100 Total Sales

    Christopher Knight
    Section Image
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Map

Source: MLS Now

MLS Number: 4234209

MLS Now

APN: 443-24-088

Ohio Cuyahoga County Cleveland 44129

5614 Velma Ave, Cleveland, OH

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