NOT LISTED FOR SALE

7114 Velma Ave Cleveland, OH 44129

Estimated Value: $161,986 - $179,000

3 Beds
1 Bath
1,064 Sq Ft
$163/Sq Ft Est. Value

Last Sold June 08, 2021

Last sale price $124,500 $117 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,205/month

3 Days on Market

Highlights

  • Cape Cod Architecture
  • Shed
  • Property is Fully Fenced
  • Porch
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of June 2021

WELCOME HOME TO MAINTENANCE FREE LIVING*** ONE FLOOR EASE *** LARGE GREAT ROOM WITH BEAUTIFUL HARDWOOD FLOORING AND COVED CEILING***KITCHEN HAS SO MANY POSSIBILITIES , CERAMIC FLOORING, PLENTY OF ROOM FOR A ISLAND WALL OF CABINETS, HUGE WINDOW TO LET IN ALL THE LIGHT ***THREE GOOD SIZE BEDROOMS WITH CARPET AND CEILING FANS, TWO OF THE BEDROOMS HAVE DOUBLE CLOSETS FOR PLENTY OF STORAGE OPTIONS ***FULL BATH WITH LINEN CLOSET , CERAMIC FLOOR ***BASEMENT IS AS LARGE AS HOME 1064 SQ. FT. TO MAKE A FANTASTIC REC ROOM, GLASS BLOCK WINDOWS, NEWER SERVICE PANEL, UPDATED FURNACE *** VINYL UPDATED WINDOWS *** ARCHITECTURAL ROOF 3 YEARS***FANTASTIC FRONT PORCH FOR SUMMER DAYS***

Last Agent to Sell the Property

Margo Ressler

Deleted Agent License #294874 Listed on: 04/20/2021

Last Buyer's Agent

Patricia Lehrer

RE/MAX Above & Beyond License #242111

RE/MAX Above & Beyond

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,680

Year Built

  • Built in 1954

Lot Details

  • 4,199 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Cape Cod Architecture
  • Bungalow
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,064 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Outdoor Features

  • Shed
  • Porch

Utilities

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

Community Details

  • Sheila Park Community

Listing and Financial Details

  • Assessor Parcel Number 443-21-046

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,680

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Bungalow, Cape Cod
  • Price Per Square Foot: 117.01
  • Estimated Price per Sq Ft: 117.01
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1064
  • Year Built: 1954
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1954

Interior Features

  • Appliances Equipment: Dryer, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 5
  • Basement Detail: Full, Partial
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1064.00
  • Sq Ft Approx Total Finished: 1064.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Porch, Shed
  • Fences: Full
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Sheila Park

Schools

  • School District: Parma CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.0964
  • Parcel Number: 443-21-046

Tax Info

  • Tax: 2680

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2021
Closed on
Jun 4, 2021
Sold by
Red Circle Group Llc
Bought by
Kasner Annette S and Kasner Annette
Seller's Agent
Margo Ressler
Deleted Agent
Buyer's Agent
Patricia Lehrer
RE/MAX Above & Beyond
List Price
$127,700
Sold Price
$124,500
Premium/Discount to List
-$3,200
-2.51%
Current Estimated Value
$173,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,747
Avg. Annual Appreciation
7.82%
Original Mortgage
$107,676
Outstanding Balance
$97,487
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$75,760

Purchase Details

Closed on
Oct 17, 2008
Sold by
Citimortgage Inc
Bought by
Red Circle Group Llc

Purchase Details

Closed on
Mar 16, 2008
Sold by
Moran Jim and Moran Kim
Bought by
Citimortgage Inc

Purchase Details

Closed on
Dec 20, 2000
Sold by
Duerk Rebecca L
Bought by
Moran Jim and Moran Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,430
Interest Rate
7.83%

Purchase Details

Closed on
Dec 1, 1999
Sold by
Duerk Rebecca L and Durek Rebecca L
Bought by
Duerk Rebecca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.97%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 15, 1999
Sold by
Hajek Stephen R
Bought by
Durek Rebecca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.97%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 14, 1998
Sold by
Hajek Marie
Bought by
Hajek Stephen R

Purchase Details

Closed on
Mar 3, 1988
Sold by
Johanna M Murcko
Bought by
Hajek Marie

Purchase Details

Closed on
Jun 3, 1980
Sold by
Murcko Michael P
Bought by
Johanna M Murcko

Purchase Details

Closed on
Aug 24, 1976
Sold by
Murcko Michael and Murcko Johanna
Bought by
Murcko Michael P

Purchase Details

Closed on
Jan 1, 1975
Bought by
Murcko Michael and Murcko Johanna
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
Kasner Annette S $124,500 Barristers Title Agency
Red Circle Group Llc $49,500 Resource Title Agency Inc
Citimortgage Inc -- Attorney
Moran Jim $102,000 Quality Title Agency Inc
Duerk Rebecca L -- Trident Title Agency
Durek Rebecca L $72,000 Trident Title Agency
Hajek Stephen R -- --
Hajek Marie -- --
Johanna M Murcko -- --
Murcko Michael P -- --
Murcko Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kasner Annette S $107,676
Previous Owner Moran Jim $103,430
Previous Owner Duerk Rebecca L $90,000
Previous Owner Durek Rebecca L $57,600
Closed Durek Rebecca L $14,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2021 06/08/21 Sold $124,500 -2.5% $117 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $127,700 -- $120 / 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 $44,730 $9,310 $35,420
2023 $2,938 $41,160 $7,630 $33,530
2022 $2,910 $41,160 $7,630 $33,530
2021 $3,059 $41,160 $7,630 $33,530
2020 $2,680 $31,680 $5,880 $25,800
2019 $2,567 $90,500 $16,800 $73,700
2018 $2,476 $31,680 $5,880 $25,800
2017 $2,532 $29,020 $4,900 $24,120
2016 $2,517 $29,020 $4,900 $24,120
2015 $2,408 $29,020 $4,900 $24,120
2014 $2,408 $29,620 $5,010 $24,610
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Margo Ressler

    Deleted Agent

    Section Image

  • P

    Buyer's Agent in 2021

    Patricia Lehrer

    RE/MAX

    (440) 781-8818

    5 in this area

    32 Total Sales

    Patricia Lehrer
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4272087

MLS Now

APN: 443-21-046

Ohio Cuyahoga County Cleveland 44129

7114 Velma Ave, Cleveland, OH

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