NOT LISTED FOR SALE

7103 Velma Ave Cleveland, OH 44129

Estimated Value: $191,000 - $201,000

3 Beds
1 Bath
1,352 Sq Ft
$143/Sq Ft Est. Value

Last Sold October 27, 2022

Last sale price $157,000 $116 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,269/month

4 Days on Market

Highlights

  • Cape Cod Architecture
  • Enclosed Patio or Porch
  • Forced Air Heating and Cooling System
  • 1 Car Detached Garage
  • Home Security System
  • Wood Fence

About This Home

As of October 2022

Charming, move-in ready 3 bedroom bungalow that has been nicely updated. The first floor features kitchen with newer stainless steel appliances, ceramic tile flooring, white cabinets and opens to a light and bright dining room with built-in corner cabinets and a four season room. The large living room has a picture window and access to a convenient first floor bedroom/home office. The primary bedroom is on the second floor along with an additional bedroom and a beautifully updated full bath. Hardwood floors, modern light fixtures and newer paint throughout the home! AC installed and new furnace added in 2019. Enjoy the private, fenced-in yard, perfect for get-togethers and entertaining.

Last Agent to Sell the Property

Susan Flood

Berkshire Hathaway HomeServices Professional Realty License #2018005958 Listed on: 10/04/2022

Last Buyer's Agent

Laura Williams

Howard Hanna License #2004000440

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,821

Year Built

  • Built in 1942

Lot Details

  • 3,999 Sq Ft Lot
  • Wood Fence

Home Design

  • Cape Cod Architecture
  • Bungalow
  • Asphalt Roof

Interior Spaces

  • 1.5-Story Property
  • Unfinished Basement
  • Sump Pump
  • Home Security System

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

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

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Enclosed Patio or Porch

Utilities

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

Community Details

  • George Easterbrooks Sheila Park Community

Listing and Financial Details

  • Assessor Parcel Number 443-21-040

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,821

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Bungalow, Cape Cod
  • Price Per Square Foot: 143.77
  • Estimated Price per Sq Ft: 143.77
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 1092
  • Year Built: 1942
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1942

Interior Features

  • Appliances Equipment: Microwave, Range, Refrigerator, Security System, Sump Pump
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Room Count: 7
  • Basement Detail: Unfinished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1092.00
  • Sq Ft Approx Below Grade Finished: 260.00
  • Sq Ft Approx Total Finished: 1352.00

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Enclosed Patio/Porch
  • Fences: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached, Door Opener, Electric
  • Garage Num Of Cars: 1

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: George Easterbrooks Sheila Park

Schools

  • School District: Parma CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.0918
  • Parcel Number: 443-21-040
  • LandLeaseYN: No

Tax Info

  • Tax: 2821

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2022
Closed on
Oct 21, 2022
Sold by
Roberts Shelby Hanna and Roberts Jeffrey L
Bought by
Rigo Abrien J
Seller's Agent
Susan Flood
Berkshire Hathaway HomeServices Professional Realty
Buyer's Agent
Laura Williams
Howard Hanna
List Price
$145,000
Sold Price
$157,000
Premium/Discount to List
$12,000
8.28%
Views
18
Current Estimated Value
$193,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,895
Avg. Annual Appreciation
7.26%
Original Mortgage
$141,300
Outstanding Balance
$135,953
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$57,942

Purchase Details

Listed on
Sep 25, 2017
Closed on
Apr 9, 2018
Sold by
Kimkelly Enterprises Llc
Bought by
Roberts Shelby Hanna and Thomas Jeffrey L
Seller's Agent
Theresa Seese
McDowell Homes Real Estate Services
Buyer's Agent
Theresa Seese
McDowell Homes Real Estate Services
List Price
$120,000
Sold Price
$110,000
Premium/Discount to List
-$10,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.13%
Original Mortgage
$108,007
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 1993
Sold by
Hohlakis Angela
Bought by
Vasilakis Angela

Purchase Details

Closed on
Jan 31, 1978
Sold by
Dewille John J and Dewille G
Bought by
Hohlakis Angela

Purchase Details

Closed on
Jan 1, 1975
Bought by
Dewille John J and Dewille G
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
Rigo Abrien J $157,000 Ohio Real Title
Roberts Shelby Hanna $110,000 Revere Title
Vasilakis Angela -- --
Hohlakis Angela $39,000 --
Dewille John J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rigo Abrien J $141,300
Previous Owner Roberts Shelby Hanna $108,007
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2022 10/27/22 Sold $157,000 +8.3% $116 / Sq Ft
10/08/2022 10/08/22 Pending -- -- --
10/04/2022 10/04/22 For Sale $145,000 +31.8% $107 / Sq Ft
04/09/2018 04/09/18 Sold $110,000 -2.5% $100 / Sq Ft View Prior Sale
01/22/2018 01/22/18 Pending -- -- --
01/18/2018 01/18/18 Price Changed $112,799 -0.1% $103 / Sq Ft
01/02/2018 01/02/18 Price Changed $112,899 0.0% $103 / Sq Ft
11/09/2017 11/09/17 Price Changed $112,900 -4.3% $103 / Sq Ft
10/12/2017 10/12/17 Price Changed $118,000 -1.7% $107 / Sq Ft
09/27/2017 09/27/17 For Sale $120,000 +87.8% $109 / Sq Ft
07/28/2017 07/28/17 Sold $63,900 -8.6% $59 / Sq Ft View Prior Sale
07/20/2017 07/20/17 Pending -- -- --
07/10/2017 07/10/17 Price Changed $69,900 -4.1% $64 / Sq Ft
07/07/2017 07/07/17 Price Changed $72,900 -2.7% $67 / Sq Ft
06/25/2017 06/25/17 For Sale $74,900 -- $69 / 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 $2,993 $48,300 $9,030 $39,270
2023 $2,767 $38,500 $6,230 $32,270
2022 $2,744 $38,500 $6,230 $32,270
2021 $2,821 $38,500 $6,230 $32,270
2020 $3,129 $38,500 $5,740 $32,760
2019 $2,988 $110,000 $16,400 $93,600
2018 $1,536 $38,500 $5,740 $32,760
2017 $1,473 $24,890 $4,800 $20,090
2016 $1,464 $24,890 $4,800 $20,090
2015 $1,365 $24,890 $4,800 $20,090
2014 $1,365 $25,410 $4,900 $20,510
Source: Public Records

Agents Affiliated with this Home

  • Susan Flood

    Seller's Agent in 2022

    Susan Flood

    Berkshire Hathaway HomeServices Professional Realty

    (440) 558-8841

    3 in this area

    36 Total Sales

    Susan Flood
    Section Image
  • Laura Williams

    Buyer's Agent in 2022

    Laura Williams

    Howard Hanna

    (440) 864-1893

    6 in this area

    154 Total Sales

    Laura Williams
    Section Image
  • Theresa Seese

    Seller's Agent in 2018

    Theresa Seese

    McDowell Homes Real Estate Services

    (216) 666-1411

    71 in this area

    628 Total Sales

    Theresa Seese
    Section Image
  • Angela Giarikos

    Seller's Agent in 2017

    Angela Giarikos

    RE/MAX

    (216) 598-0039

    13 in this area

    112 Total Sales

    Angela Giarikos
    Section Image
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Map

Source: MLS Now

MLS Number: 4413373

MLS Now

APN: 443-21-040

Ohio Cuyahoga County Cleveland 44129

7103 Velma Ave, Cleveland, OH

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