5702 Velma Ave Cleveland, OH 44129
Estimated Value: $194,000 - $223,000
3
Beds
2
Baths
1,458
Sq Ft
$144/Sq Ft
Est. Value
About This Home
This home is located at 5702 Velma Ave, Cleveland, OH 44129 and is currently estimated at $209,510, approximately $143 per square foot. 5702 Velma Ave is a home located in Cuyahoga County with nearby schools including Thoreau Park Elementary School, Shiloh Middle School, and Parma High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 28, 2005
Sold by
Wise Dennis E and Wise Susan M
Bought by
Federal National Mortgage Association
Current Estimated Value
Purchase Details
Closed on
May 7, 2002
Sold by
Lozinak Joseph M and Lozinak Bethany A
Bought by
Wise Dennis E and Wise Susan M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,100
Interest Rate
7.18%
Purchase Details
Closed on
Aug 30, 1990
Sold by
Fortune Gerald A
Bought by
Philipps Chris J
Purchase Details
Closed on
Sep 2, 1980
Sold by
Gaydos Mike
Bought by
Fortune Gerald A
Purchase Details
Closed on
Jan 1, 1975
Bought by
Gaydos Mike
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Federal National Mortgage Association | $83,334 | Attorney | |
| Wise Dennis E | $119,000 | First Service Title Agency I | |
| Philipps Chris J | $73,300 | -- | |
| Fortune Gerald A | $46,000 | -- | |
| Gaydos Mike | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wise Dennis E | $107,100 |
Source: Public Records
Tax History Compared to Growth
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 | $3,951 | $64,120 | $10,745 | $53,375 |
| 2023 | $3,646 | $50,960 | $8,820 | $42,140 |
| 2022 | $3,612 | $50,960 | $8,820 | $42,140 |
| 2021 | $3,722 | $50,960 | $8,820 | $42,140 |
| 2020 | $3,252 | $39,200 | $6,790 | $32,410 |
| 2019 | $3,122 | $112,000 | $19,400 | $92,600 |
| 2018 | $3,140 | $39,200 | $6,790 | $32,410 |
| 2017 | $2,841 | $32,910 | $5,710 | $27,200 |
| 2016 | $2,824 | $32,910 | $5,710 | $27,200 |
| 2015 | $2,718 | $32,910 | $5,710 | $27,200 |
| 2014 | $2,718 | $33,570 | $5,810 | $27,760 |
Source: Public Records
Map
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