NOT LISTED FOR SALE

5718 Franklin Blvd Cleveland, OH 44102

Detroit Shoreway Neighborhood

Estimated Value: $507,000 - $629,000

3 Beds
2.5 Baths
2,103 Sq Ft
$270/Sq Ft Est. Value

Last Sold November 28, 2017

Last sale price $438,600 $209 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,250/month

177 Days on Market

Highlights

  • City View
  • 2 Car Direct Access Garage
  • Forced Air Heating and Cooling System
  • Deck
  • Porch
  • South Facing Home

About This Home

As of November 2017

STEEPLE ROW TOWNHOMES, Historic Franklin Blvd Rare New Construction by renowned Payne & Payne Builders, feature historically sensitive exteriors made to blend w the urban landscape. Classic brick fronts w charming front porches lead to Dramatic luxury interiors, multi level design & panoramic views from the spacious roof decks! Massive island kitchen featuring Granite countertops, dovetailed cabinets, allowances for stainless appliances, sliders leading to dining terrace (1 of 3 outdoor living spaces)! Kitchen and dining overlooks 1 1/2 story great room with open, architectural stairwell system! WOW Vaulted master suite features 12 x 7 Walk in closet & luxurious private master bath w/ double sinks, cultured marble countertops & large glass framed shower stall. Two other bedrooms, an additional bath with bedroom level laundry room (accommodates full size W/D) complete the second level. On the top level, enjoy a bonus room / flex space which leads to a HUGE 21 x 19 roof terrace with amazing views for year round entertaining! Stylish, engineered hardwood flooring throughout main rooms! THERE'S EVEN MORE: Rare (In city townhomes) basement for additional living space can be finished to be a home office, gym, yoga studio or pet enclave! Cutting edge green built technology (Including high efficiency furnace, high density blown-in insulation, & tankless hot water system) makes these homes eligible for Cleveland's 15 year tax abatement! TREMENDOUS VALUE! ONLY TWO UNITS REMAIN!!

Last Agent to Sell the Property

Ted Theophylactos

Howard Hanna License #385222 Listed on: 01/09/2017

Howard Hanna

Co-Listed By

Lauren Cromwell

Deleted Agent License #2007001410

Last Buyer's Agent

Jake Lohser

Keller Williams Greater Metropolitan License #2005006497

Keller Williams Greater Metropolitan

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $999

Year Built

  • Built in 2017

Lot Details

  • South Facing Home

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2,103 Sq Ft Home
  • City Views
  • Partial Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Utilities

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

Community Details

  • Association fees include landscaping, snow removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$999

Year Built

Built in 2017

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Townhouse
  • House Faces: South
  • Price Per Square Foot: 208.56
  • Estimated Price per Sq Ft: 208.56
  • Year Built Exception: To Be Built
  • Total Sq Ft: 2103
  • Year Built: 2017
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2017

Interior Features

  • Appliances Equipment: Dishwasher, Microwave, Range
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 8
  • Basement Detail: Partial
  • Living Area Sq Ft: 2103
  • Sq Ft Approx Above Grade Finished: 2103.00
  • Sq Ft Approx Total Finished: 2103.00

Exterior Features

  • View: City View
  • Exterior: Brick
  • Exterior Features: Deck, Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Access from Unit, 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

Condo/Co-op/Association

  • HOA Fees: 150.00
  • HOA Fee Frequency: Monthly
  • Hoa Name: Steeple Row Townhomes

Fee Information

  • HOA Fee Includes: Landscaping, Snow Removal

Schools

  • School District: Cleveland Municipal

Lot Info

  • Lot Size Units: Acres

Tax Info

  • Tax: 999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2017
Closed on
Oct 2, 2017
Sold by
Alves James A and Alves Megan L
Bought by
Schaar Patricia
Seller's Agent
Ted Theophylactos
Howard Hanna
Buyer's Agent
Jake Lohser
Keller Williams Greater Metropolitan
List Price
$399,900
Sold Price
$438,600
Premium/Discount to List
$38,700
9.68%
Current Estimated Value
$568,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,529
Avg. Annual Appreciation
3.32%
Original Mortgage
$350,880
Outstanding Balance
$295,218
Interest Rate
3.89%
Mortgage Type
Construction
Estimated Equity
$272,911
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
Schaar Patricia $48,887 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaar Patricia $350,880
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2017 11/28/17 Sold $438,600 0.0% $209 / Sq Ft
07/05/2017 07/05/17 Off Market $438,600 -- --
07/05/2017 07/05/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $399,900 -8.8% $190 / Sq Ft
02/28/2017 02/28/17 Off Market $438,600 -- --
01/09/2017 01/09/17 For Sale $399,900 -- $190 / 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 $1,334 $199,500 $19,950 $179,550
2023 $1,547 $19,950 $19,950 $0
2022 $1,538 $199,500 $19,950 $179,550
2021 $1,523 $199,500 $19,950 $179,550
2020 $1,389 $157,080 $15,720 $141,370
2019 $4,428 $154,600 $26,700 $127,900
2018 $763 $9,350 $9,350 $0
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ted Theophylactos

    Seller's Agent in 2017

    Ted Theophylactos

    Howard Hanna

    (216) 375-7060

    22 in this area

    371 Total Sales

    Ted Theophylactos
    Section Image

  • L

    Seller Co-Listing Agent in 2017

    Lauren Cromwell

    Deleted Agent

    Section Image
  • Jake Lohser

    Buyer's Agent in 2017

    Jake Lohser

    Keller Williams Greater Metropolitan

    (216) 408-8795

    5 in this area

    234 Total Sales

    Jake Lohser
    Section Image
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Map

Source: MLS Now

MLS Number: 3868256

MLS Now

APN: 002-15-101

Ohio Cuyahoga County Cleveland 44102 Detroit Shoreway

5718 Franklin Blvd, Cleveland, OH

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