5706 Velma Ave Cleveland, OH 44129
Estimated Value: $186,000 - $245,000
3
Beds
1
Bath
1,296
Sq Ft
$159/Sq Ft
Est. Value
About This Home
This home is located at 5706 Velma Ave, Cleveland, OH 44129 and is currently estimated at $205,913, approximately $158 per square foot. 5706 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
May 6, 2004
Sold by
Vandeven Matthew D
Bought by
Richardson Warren and Prokop Laura
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Outstanding Balance
$58,056
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$147,857
Purchase Details
Closed on
Jun 1, 1999
Sold by
Kalemba Robin E and Bazilius Michael R
Bought by
Vandeven Mathew D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,090
Interest Rate
6.94%
Mortgage Type
VA
Purchase Details
Closed on
Oct 31, 1996
Sold by
Repp Jean C
Bought by
Bazilius Michael R and Kalemba Robin E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
8.23%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 3, 1985
Sold by
Repp Gary B and Repp Jean C
Bought by
Repp Gary B
Purchase Details
Closed on
Jan 1, 1975
Bought by
Repp Gary B and Repp Jean C
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 |
|---|---|---|---|
| Richardson Warren | $104,000 | Cleveland Home Title Agency | |
| Vandeven Mathew D | $103,000 | Transcounty Title Agency Inc | |
| Bazilius Michael R | $89,000 | -- | |
| Repp Gary B | -- | -- | |
| Repp Gary B | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Richardson Warren | $112,500 | |
| Closed | Vandeven Mathew D | $106,090 | |
| Previous Owner | Bazilius Michael R | $74,000 |
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 | $3,384 | $55,405 | $10,745 | $44,660 |
| 2023 | $3,015 | $42,350 | $8,820 | $33,530 |
| 2022 | $2,986 | $42,350 | $8,820 | $33,530 |
| 2021 | $3,071 | $42,350 | $8,820 | $33,530 |
| 2020 | $2,690 | $32,590 | $6,790 | $25,800 |
| 2019 | $2,575 | $93,100 | $19,400 | $73,700 |
| 2018 | $2,590 | $32,590 | $6,790 | $25,800 |
| 2017 | $2,473 | $28,990 | $5,710 | $23,280 |
| 2016 | $2,458 | $28,990 | $5,710 | $23,280 |
| 2015 | $2,347 | $28,990 | $5,710 | $23,280 |
| 2014 | $2,347 | $29,580 | $5,810 | $23,770 |
Source: Public Records
Map
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