NOT LISTED FOR SALE

5647 Faraday Rd Cleveland, OH 44124

Estimated Value: $269,000 - $326,000

3 Beds
2.5 Baths
2,526 Sq Ft
$119/Sq Ft Est. Value

Last Sold December 17, 2014

Last sale price $140,000 $55 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,142/month

38 Days on Market

Highlights

  • Cape Cod Architecture
  • Corner Lot
  • Forced Air Heating and Cooling System
  • Wooded Lot
  • 2 Car Attached Garage
  • East Facing Home

About This Home

As of December 2014

Located in a great neighborhood with a large side lot, this Cape is conveniently located near shopping, restaurants, a park, and within 1 mile of highway access. A large family room with large crown molding joins the living and dining room to create a nice open flow as you enter from the foyer. A walk out patio from the dining room lead to a private patio. The foyer, kitchen, and downstairs first floor 1/2 bath has newer tiled floors. Other updated tile include the shower in the first floor full bath which sits adjacent to the master bedroom. Hardwood floors in the upstairs bedrooms, built in cabinets for storage, and plenty of windows for natural light help add to the character of this home. Downstairs is a full basement with half being finished for a play room for the kids or easily a nicely sized office. The attached 2 car garage has running water, drain, and a side access man door which make this great for those snowy winter months. Seller is motivated to sell and move so make an offer!

Last Agent to Sell the Property

Ron Spuhler

Keller Williams Chervenic Rlty License #2014002208 Listed on: 09/08/2014

Keller Williams Chervenic Rlty

Last Buyer's Agent

Debra Cicero

Deleted Agent License #2003002973

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 59x205
  • East Facing Home
  • Corner Lot
  • Wooded Lot

Home Design

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

Interior Spaces

  • 2,526 Sq Ft Home
  • 1.5-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

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

Utilities

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

Community Details

  • J & N 02 Community

Listing and Financial Details

  • Assessor Parcel Number 714-31-006

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Bungalow, Cape Cod
  • House Faces: East
  • Price Per Square Foot: 55.42
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 2526
  • Year Built: 1957
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1957

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Microwave, Wall Oven, Refrigerator, Washer
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 7
  • Basement Detail: Full, Partially Finished, Slab
  • Estimated Sq Ft: 2526

Exterior Features

  • Exterior: Aluminum, Brick
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: J & N 02

Schools

  • School District: South Euclid-Lyndhurst
  • School District: South Euclid-Lyndhurst

Lot Info

  • Lot Dimensions: 59x205
  • Lot Description: Corner, Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 0.2777
  • Parcel Number: 714-31-006

Tax Info

  • Tax: 4606

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2014
Closed on
Dec 2, 2014
Sold by
Colella Frank V and Colella Andrea
Bought by
Glowe Kevin P
Seller's Agent
Ron Spuhler
Keller Williams Chervenic Rlty
Buyer's Agent
Debra Cicero
Deleted Agent
List Price
$159,900
Sold Price
$140,000
Premium/Discount to List
-$19,900
-12.45%
Current Estimated Value
$300,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,653
Avg. Annual Appreciation
7.23%
Original Mortgage
$77,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2004
Sold by
Minello Mary Jo and Minello George P
Bought by
Colella Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
5.95%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 17, 2003
Sold by
Minello Ida E
Bought by
Minello Mary Jo and Minello George P

Purchase Details

Closed on
Oct 6, 2001
Sold by
Minello Ida E
Bought by
Minello Ida and Minello Mary Jo

Purchase Details

Closed on
Jan 1, 1975
Bought by
Minello Ida E
Source: Public Records

Range of Values:

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Average Value
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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
Glowe Kevin P $140,000 Attorney
Colella Frank $171,000 --
Minello Ida E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glowe Kevin P $70,000
Closed Glowe Kevin $38,478
Closed Glowe Kevin P $77,000
Previous Owner Colella Frank $136,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2014 12/17/14 Sold $140,000 -12.4% $55 / Sq Ft
10/16/2014 10/16/14 Pending -- -- --
09/08/2014 09/08/14 For Sale $159,900 -- $63 / 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 $6,044 $86,625 $12,810 $73,815
2023 $5,973 $69,130 $10,850 $58,280
2022 $5,939 $69,125 $10,850 $58,275
2021 $6,025 $69,130 $10,850 $58,280
2020 $5,519 $56,670 $8,890 $47,780
2019 $4,979 $161,900 $25,400 $136,500
2018 $4,882 $56,670 $8,890 $47,780
2017 $4,854 $50,970 $8,300 $42,670
2016 $4,813 $50,970 $8,300 $42,670
2015 $4,872 $50,970 $8,300 $42,670
2014 $4,872 $52,010 $8,470 $43,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3651039

MLS Now

APN: 714-31-006