NOT LISTED FOR SALE

7011 Velma Ave Cleveland, OH 44129

Estimated Value: $170,000 - $188,000

3 Beds
1 Bath
1,198 Sq Ft
$147/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $110,000 $92 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,198/month

About This Home

As of December 2020

3 bedroom 1 bathroom on a quiet street. Close to shopping and freeway access. A $30 application fee to apply. Up to two pets will be allowed. There is a non-refundable $350 pet deposit for each pet. If interested, please contact the listing agent for more details.

Last Agent to Rent the Property

Scott Krause

EXP Realty, LLC. License #2019006439 Listed on: 10/28/2020

EXP Realty, LLC.

Last Renter's Agent

Scott Krause

EXP Realty, LLC. License #2019006439 Listed on: 10/28/2020

EXP Realty, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,223

Year Built

  • Built in 1945

Lot Details

  • 3,999 Sq Ft Lot

Parking

  • 1 Car Garage

Interior Spaces

  • 1,198 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas, heating, sewer, trash collection, water
  • Assessor Parcel Number 443-21-038

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,223

Year Built

Built in 1945

Lot Details

0

Rental Info

  • Tenant Pays: Cable/Electric Link, Electric, Gas, Heating, Sewer, Trash Collection, Water

Listing Details

  • Property Type: Rental
  • Property Subtype: Single Family
  • Price Per Square Foot: 1.09
  • Estimated Price per Sq Ft: 1.09
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1198
  • Year Built: 1945
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1945

Interior Features

  • Total Bedrooms: 3
  • Bedrooms on Main Level: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Detail: Full, Unfinished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1198.00
  • Sq Ft Approx Total Finished: 1198.00

Garage/Parking

  • Garage Num Of Cars: 1

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Parma CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.0918
  • Parcel Number: 443-21-038

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2020
Closed on
Oct 6, 2020
Sold by
Smith Jason A and Smith Erin
Bought by
Ae Buffalo Properties Llc
Seller's Agent
Scott Krause
EXP Realty, LLC.
Buyer's Agent
Scott Krause
EXP Realty, LLC.
Sold Price
$1,300
Current Estimated Value
$176,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,315
Avg. Annual Appreciation
9.85%

Purchase Details

Closed on
Jul 22, 1975
Sold by
Smith Lawrence J and N J
Bought by
Smith Lawrence J

Purchase Details

Closed on
Jan 1, 1975
Bought by
Smith Lawrence J and N J
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
Ae Buffalo Properties Llc $110,000 Land Title Group
Smith Lawrence J $4,000 --
Smith Lawrence J -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2020 12/01/20 Rented $1,300 0.0% --
11/10/2020 11/10/20 Under Contract -- -- --
10/28/2020 10/28/20 For Rent $1,300 0.0% --
10/15/2020 10/15/20 Sold $110,000 0.0% $92 / Sq Ft View Prior Sale
08/28/2020 08/28/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $110,000 -- $92 / 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 $3,223 $51,240 $9,030 $42,210
2023 $2,947 $40,360 $7,460 $32,900
2022 $2,920 $40,360 $7,460 $32,900
2021 $3,005 $40,360 $7,460 $32,900
2020 $1,932 $31,050 $5,740 $25,310
2019 $1,827 $88,700 $16,400 $72,300
2018 $919 $31,050 $5,740 $25,310
2017 $1,654 $27,240 $4,800 $22,440
2016 $1,645 $27,240 $4,800 $22,440
2015 $1,547 $27,240 $4,800 $22,440
2014 $1,547 $27,790 $4,900 $22,890
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2020

    Non-Member Non-Member

    Non-Member

  • S

    Landlord's Agent in 2020

    Scott Krause

    EXP Realty, LLC.

    (440) 463-4840

    2 in this area

    26 Total Sales

    Scott Krause
    Section Image
  • Michael Coljohn

    Buyer's Agent in 2020

    Michael Coljohn

    JAMM Real Estate Co.

    (216) 509-3027

    10 in this area

    68 Total Sales

    Michael Coljohn
    Section Image
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Map

Source: MLS Now

MLS Number: 4236065

MLS Now

APN: 443-21-038

Ohio Cuyahoga County Cleveland 44129

7011 Velma Ave, Cleveland, OH

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