NOT LISTED FOR SALE

5671 Faraday Rd Cleveland, OH 44124

Estimated Value: $271,000 - $291,000

3 Beds
1.5 Baths
2,592 Sq Ft
$109/Sq Ft Est. Value

Last Sold October 17, 2017

Last sale price $138,000 $53 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,925/month

45 Days on Market

Highlights

  • Community Pool
  • Community Playground
  • Shops
  • 2 Car Attached Garage
  • Park
  • Forced Air Heating and Cooling System

About This Home

As of October 2017

Located on a quiet street is this spacious 3-bedroom, 1.5 bathroom home with an attached 2-car garage. This home has been well maintained with updates that include the furnace (2016), H2O tank (2015), roof (about 10 years), and newer replacement windows. The large living room opens to the dining room that has a built-in cabinet. The dining room opens to the family room. The bright eat-in kitchen has many newer appliances. This home is set-up for one floor living as the newer washer and dryer have been established in the 2nd bedroom. All bedrooms have large closets with the master having two closets. The private treed backyard is fenced. The large basement is great for many uses with glass block windows and an updated main electric panel. Only minutes from I271, the park, shopping, etc. This home is a great value for the money.

Last Agent to Sell the Property

Darrell Schneider

Century 21 Homestar License #2003003774 Listed on: 06/23/2017

Century 21 Homestar

Last Buyer's Agent

Christopher Hallum

EXP Realty, LLC. License #2009003702

EXP Realty, LLC.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 87x156
  • South Facing Home
  • Wood Fence

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 714-31-033

Community Details

Amenities

  • Shops

Recreation

  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • House Faces: South
  • Price Per Square Foot: 89.49
  • Estimated Price per Sq Ft: 89.49
  • Year Built Exception: Not Verifiable
  • Num Of Stories: 1.00
  • Total Sq Ft: 1542
  • Year Built: 1957
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1957

Interior Features

  • Appliances Equipment: Cooktop, Dishwasher, Dryer, Garbage Disposal, Microwave, Wall Oven, Refrigerator, Washer
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 9
  • Basement Detail: Full, Unfinished
  • Sq Ft Approx Above Grade Finished: 1542.00
  • Sq Ft Approx Below Grade Finished: 1050.00
  • Sq Ft Approx Total Finished: 2592.00

Exterior Features

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

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Door Opener
  • 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, Pool, Shopping/Mall

Schools

  • School District: South Euclid-Lyndhurst

Lot Info

  • Lot Dimensions: 87x156
  • Lot Size Units: Acres
  • Acres: 0.2530
  • Parcel Number: 714-31-033

Tax Info

  • Tax: 3642

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2017
Closed on
Oct 16, 2017
Sold by
Gianclos Judith A
Bought by
Johnson Kenneth P
Seller's Agent
Darrell Schneider
Century 21 Homestar
Buyer's Agent
Christopher Hallum
EXP Realty, LLC.
List Price
$156,000
Sold Price
$138,000
Premium/Discount to List
-$18,000
-11.54%
Current Estimated Value
$281,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,647
Avg. Annual Appreciation
9.29%
Original Mortgage
$131,100
Outstanding Balance
$109,505
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$172,142

Purchase Details

Closed on
Dec 29, 1981
Sold by
Gianelos Louis
Bought by
Judith A Gianelos

Purchase Details

Closed on
Mar 21, 1978
Sold by
Lamp Arthur W and Lamp Olga A
Bought by
Gianelos Louis

Purchase Details

Closed on
Jan 1, 1975
Bought by
Lamp Arthur W and Lamp Olga A
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
Johnson Kenneth P $138,000 Common Law Title
Judith A Gianelos -- --
Gianelos Louis $67,100 --
Lamp Arthur W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Kenneth P $131,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2017 10/17/17 Sold $138,000 -7.9% $53 / Sq Ft
08/07/2017 08/07/17 Pending -- -- --
07/31/2017 07/31/17 Price Changed $149,900 -3.9% $58 / Sq Ft
06/23/2017 06/23/17 For Sale $156,000 -- $60 / 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 $5,314 $76,300 $18,025 $58,275
2023 $4,952 $57,300 $12,500 $44,800
2022 $4,924 $57,300 $12,500 $44,800
2021 $4,881 $57,300 $12,500 $44,800
2020 $5,191 $53,550 $11,690 $41,860
2019 $4,680 $153,000 $33,400 $119,600
2018 $4,148 $53,550 $11,690 $41,860
2017 $3,672 $47,150 $10,890 $36,260
2016 $3,642 $47,150 $10,890 $36,260
2015 $3,702 $47,150 $10,890 $36,260
2014 $3,702 $48,100 $11,100 $37,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3916362

MLS Now

APN: 714-31-033