NOT LISTED FOR SALE

5861 Pearl Rd Parma Heights, OH 44130

Estimated Value: $205,000 - $219,000

3 Beds
1.5 Baths
1,321 Sq Ft
$160/Sq Ft Est. Value

Last Sold October 25, 2022

Last sale price $173,000 $131 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,419/month

23 Days on Market

Highlights

  • Medical Services
  • Corner Lot
  • Porch
  • Colonial Architecture
  • 2 Car Detached Garage
  • Park

About This Home

As of October 2022

Check out this must-see updated colonial in Parma Heights! The charming and well-maintained home on the corner of Twin Lakes Drive & Pearl Road boasts 3 bedrooms, 1 full and 1 half bath, a finished recreation room, screened in rear porch, 2-car garage with newer roof (2016) and a private, fenced back yard. The original hard wood floors run through the main level from the living room into the dining room. Kitchen updates include new black/stainless appliances, range hood, and all maple kitchen cabinets. Dine through the seasons by way of the screened-in porch off the dining room that also provides great access to the spacious, manicured backyard. Additional improvements worth noting are the furnace (2017), hot water tank (2020), recently installed decorative fan/lights, remodeled main bathroom and freshly painted interiors. 1-year home warranty included. The affordability of Parma Heights speaks for itself and is “among the highest rated urban places in the Greater Cleveland area.” It’s tightly knit residential homes and commercial “mom & pop” establishments offer great access to parks and a wide array of eateries and “local” retail amenities to patronize. Great home and location. Set-up you’re showing today!

Last Agent to Sell the Property

Michael Rastatter

Howard Hanna License #2004008154 Listed on: 08/31/2022

Howard Hanna

Last Buyer's Agent

Michael Schmidt

M. C. Real Estate License #2004007106

M. C. Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,290

Year Built

  • Built in 1958

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Northwest Facing Home
  • Partially Fenced Property
  • Privacy Fence
  • Wood Fence
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,321 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 472-01-066

Community Details

Amenities

  • Medical Services

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,290

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • House Faces: Northwest
  • Price Per Square Foot: 130.96
  • Estimated Price per Sq Ft: 130.96
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1321
  • Year Built: 1958
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1958

Interior Features

  • Appliances Equipment: CO Detector, Dishwasher, Dryer, Garbage Disposal, Microwave, Range, Refrigerator, Smoke Detector, Washer
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 10
  • Basement Detail: Full, Partially Finished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1321.00
  • Sq Ft Approx Total Finished: 1321.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Porch
  • Fences: Partial, Privacy, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached, Electric
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Window Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Medical Service, Park

Schools

  • School District: Parma CSD
  • School District: Parma CSD

Lot Info

  • Lot Dimensions: 50X125
  • Lot Description: Corner
  • Lot Size Units: Acres
  • Acres: 0.1400
  • Parcel Number: 472-01-066
  • LandLeaseYN: No

Tax Info

  • Tax: 3290

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2022
Closed on
Oct 21, 2022
Sold by
Leonard Anthony S
Bought by
Thornberry Jacob M and Alramzi Miriam M
Seller's Agent
Michael Rastatter
Howard Hanna
Buyer's Agent
Michael Schmidt
M. C. Real Estate
List Price
$185,000
Sold Price
$173,000
Premium/Discount to List
-$12,000
-6.49%
Views
34
Current Estimated Value
$211,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,358
Avg. Annual Appreciation
5.38%
Original Mortgage
$163,000
Outstanding Balance
$158,552
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$42,638

Purchase Details

Closed on
Dec 29, 2006
Sold by
Mcnees Loretta V and Mcnees Michael A
Bought by
Leonard Anthony S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,350
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 1999
Sold by
Lee Ritenour Vernon and Ritenour Robin Sue
Bought by
Valus Loretta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,200
Interest Rate
7.93%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 1989
Sold by
Schierbaum Richard H
Bought by
Ritenour Vernon Lee

Purchase Details

Closed on
Feb 7, 1984
Sold by
Nyerges Margaret and Nyerges Helen
Bought by
Schierbaum Richard H

Purchase Details

Closed on
Aug 23, 1983
Sold by
Kadar Margaret
Bought by
Nyerges Margaret and Nyerges Helen

Purchase Details

Closed on
Jan 1, 1975
Bought by
Kadar Margaret
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
Thornberry Jacob M $173,000 First American Title
Leonard Anthony S $111,500 First American Title Ins Co
Valus Loretta $93,500 --
Ritenour Vernon Lee $73,000 --
Schierbaum Richard H $58,000 --
Nyerges Margaret -- --
Kadar Margaret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thornberry Jacob M $163,000
Previous Owner Leonard Anthony S $97,400
Previous Owner Leonard Anthony S $100,350
Previous Owner Mcnees Michael A $103,500
Previous Owner Valus Loretta $7,135
Previous Owner Valus Loretta $92,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2022 10/25/22 Sold $173,000 -3.1% $131 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
09/15/2022 09/15/22 Price Changed $178,500 -3.5% $135 / Sq Ft
08/31/2022 08/31/22 For Sale $185,000 -- $140 / 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 $3,517 $54,285 $9,485 $44,800
2023 $3,294 $44,100 $9,170 $34,930
2022 $3,427 $44,100 $9,170 $34,930
2021 $3,290 $44,100 $9,170 $34,930
2020 $2,968 $35,560 $7,390 $28,180
2019 $2,888 $101,600 $21,100 $80,500
2018 $2,817 $35,560 $7,390 $28,180
2017 $2,753 $31,650 $5,570 $26,080
2016 $2,734 $31,650 $5,570 $26,080
2015 $2,824 $31,650 $5,570 $26,080
2014 $2,824 $32,970 $5,810 $27,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4405641

MLS Now

APN: 472-01-066