NOT LISTED FOR SALE

7002 Velma Ave Cleveland, OH 44129

Estimated Value: $182,359 - $202,000

3 Beds
1 Bath
1,296 Sq Ft
$148/Sq Ft Est. Value

About This Home

This home is located at 7002 Velma Ave, Cleveland, OH 44129 and is currently estimated at $191,840, approximately $148 per square foot. 7002 Velma Ave is a home located in Cuyahoga County with nearby schools including Thoreau Park Elementary School, Shiloh Middle School, and Greenbriar Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2023
Sold by
Hearn Patrick T and Hearn Pamela A
Bought by
Hearn Patrick T
Current Estimated Value
$191,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,100
Outstanding Balance
$118,117
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$73,723

Purchase Details

Closed on
May 23, 2000
Sold by
Meno John G
Bought by
Hearn Patrick T and Hearn Pamela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,250
Interest Rate
8.18%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 26, 1986
Sold by
Klivarsky Richard H
Bought by
Meno John G

Purchase Details

Closed on
Apr 19, 1976
Sold by
Klivarsky Richard H
Bought by
Klivarsky Richard H

Purchase Details

Closed on
Apr 5, 1976
Sold by
Klivarsky Rose
Bought by
Klivarsky Richard H

Purchase Details

Closed on
Jan 1, 1975
Bought by
Klivarsky Rose
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Hearn Patrick T -- Liberty Title
Hearn Patrick T $106,400 Executive Title Agency Corp
Meno John G $51,000 --
Klivarsky Richard H $12,000 --
Klivarsky Richard H -- --
Klivarsky Rose -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hearn Patrick T $122,100
Previous Owner Hearn Patrick T $106,250
Source: Public Records

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 $3,131 $50,785 $9,310 $41,475
2023 $2,996 $42,070 $7,630 $34,440
2022 $2,968 $42,070 $7,630 $34,440
2021 $3,052 $42,070 $7,630 $34,440
2020 $2,675 $32,380 $5,880 $26,500
2019 $2,560 $92,500 $16,800 $75,700
2018 $2,575 $32,380 $5,880 $26,500
2017 $2,434 $28,490 $4,900 $23,590
2016 $2,419 $28,490 $4,900 $23,590
2015 $2,310 $28,490 $4,900 $23,590
2014 $2,310 $29,090 $5,010 $24,080
Source: Public Records

Map

Ohio Cuyahoga County Cleveland 44129

7002 Velma Ave, Cleveland, OH

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