6407 Elmwood Ave Independence, OH 44131
Estimated Value: $239,000 - $320,000
3
Beds
2
Baths
1,439
Sq Ft
$200/Sq Ft
Est. Value
About This Home
This home is located at 6407 Elmwood Ave, Independence, OH 44131 and is currently estimated at $287,797, approximately $199 per square foot. 6407 Elmwood Ave is a home located in Cuyahoga County with nearby schools including Independence Primary School, Independence Middle School, and Independence High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 31, 2022
Sold by
Velimesis Family Trust
Bought by
Wright Martin G and Wright Joanne M
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
$175,500
Outstanding Balance
$168,052
Interest Rate
5.54%
Mortgage Type
Balloon
Estimated Equity
$119,745
Purchase Details
Closed on
Nov 20, 2019
Sold by
Velimesis Peter A and Velimesis Peggy A
Bought by
Velimesis Peter A and Velimesis Peggy A
Purchase Details
Closed on
Mar 19, 2007
Sold by
Estates Of Mary H Zupancic and Zupancic Frank R
Bought by
Velimesis Peter A and Velimesis Peggy A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 1, 1975
Bought by
Zupancic Mary H
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wright Martin G | $195,000 | Ohio Title | |
| Velimesis Peter A | -- | None Available | |
| Velimesis Peter A | $195,000 | Maximum | |
| Zupancic Mary H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wright Martin G | $175,500 | |
| Previous Owner | Velimesis Peter A | $125,000 |
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 | $4,489 | $91,630 | $19,915 | $71,715 |
| 2023 | $3,942 | $73,190 | $19,320 | $53,870 |
| 2022 | $3,921 | $73,190 | $19,320 | $53,870 |
| 2021 | $3,868 | $73,190 | $19,320 | $53,870 |
| 2020 | $3,780 | $67,130 | $17,710 | $49,420 |
| 2019 | $3,562 | $191,800 | $50,600 | $141,200 |
| 2018 | $3,345 | $67,130 | $17,710 | $49,420 |
| 2017 | $3,160 | $56,880 | $13,270 | $43,610 |
| 2016 | $3,128 | $56,880 | $13,270 | $43,610 |
| 2015 | $3,126 | $56,880 | $13,270 | $43,610 |
| 2014 | $3,126 | $56,880 | $13,270 | $43,610 |
Source: Public Records
Map
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