NOT LISTED FOR SALE

7197 Oakwood Rd Parma, OH 44130

Estimated Value: $223,000 - $261,000

3 Beds
1.5 Baths
2,408 Sq Ft
$100/Sq Ft Est. Value

Last Sold January 07, 2022

Last sale price $163,000 $68 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,618/month

1 Day on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Porch

About This Home

As of January 2022

If you've been keeping your eye out for a conveniently-located Parma ranch with great bones and loads of potential look no further. It won't take much to transform 7197 Oakwood Road from blank slate into your dream property. The groundwork has already been laid, with a 2 year-old roof and a brand new electric panel to get you started. The eat-in kitchen features a wall oven, a cooktop range, and a pass-through window to the family room. 3 bedrooms are located on the main level, along with a full bath off the main hall and a half bath near the rear door. Each bathroom recently had new toilets installed. The dining room and family room with newer blinds are perfect for hosting. The basement is laid out nicely, with a large rec room, an unfinished area for mechanicals, and a large space that could be used for a home office or activity room. The foundation walls are in great shape and there's even glass block windows and a large cedar closet! Out back you have a covered porch which spans nearly the length of the home! Don't forget to peek in the spacious and very sturdy garage! A great value in a hot part of the city - be sure to schedule your showing and get your offers in!

Last Agent to Sell the Property

Nick Virzi

Keller Williams Elevate License #2013004550 Listed on: 11/09/2021

Keller Williams Elevate

Last Buyer's Agent

Terrie Gerchak

EXP Realty, LLC. License #2015000994

EXP Realty, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,896

Year Built

  • Built in 1960

Lot Details

  • 8,102

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Porch
  • 8,102 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 457-04-101

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,896

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • Price Per Square Foot: 135.38
  • Estimated Price per Sq Ft: 135.38
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1204
  • Year Built: 1960
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1960

Interior Features

  • Appliances Equipment: Cooktop, Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 10
  • Basement Detail: Full, Partially Finished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1204.00
  • Sq Ft Approx Below Grade Finished: 1204.00
  • Sq Ft Approx Total Finished: 2408.00

Exterior Features

  • Exterior: Brick, Vinyl
  • Exterior Features: Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

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

Schools

  • School District: Parma CSD
  • School District: Parma CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1860
  • Parcel Number: 457-04-101

Tax Info

  • Tax: 2896

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2021
Closed on
Jan 4, 2022
Sold by
Ingrid Fladda
Bought by
Rai Nav and Khatiwada Tham
Seller's Agent
Nick Virzi
Keller Williams Elevate
Buyer's Agent
Terrie Gerchak
EXP Realty, LLC.
List Price
$150,000
Sold Price
$163,000
Premium/Discount to List
$13,000
8.67%
Current Estimated Value
$241,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,330
Avg. Annual Appreciation
10.88%
Original Mortgage
$130,400
Outstanding Balance
$120,196
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$121,134

Purchase Details

Closed on
Jan 1, 1975
Bought by
Fladda Karl and Fladda Ingrid
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
Rai Nav $163,000 Newman Title
Fladda Karl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rai Nav $130,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2022 01/07/22 Sold $163,000 +8.7% $68 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
11/09/2021 11/09/21 For Sale $150,000 -- $62 / 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 $4,238 $69,790 $12,705 $57,085
2023 $3,662 $51,740 $10,330 $41,410
2022 $3,075 $51,730 $10,330 $41,410
2021 $3,161 $51,730 $10,330 $41,410
2020 $2,896 $43,470 $8,680 $34,790
2019 $2,764 $124,200 $24,800 $99,400
2018 $2,626 $43,470 $8,680 $34,790
2017 $2,623 $39,200 $7,140 $32,060
2016 $2,606 $39,200 $7,140 $32,060
2015 $2,462 $39,200 $7,140 $32,060
2014 $2,462 $39,200 $7,140 $32,060
Source: Public Records

Agents Affiliated with this Home

  • Nick Virzi

    Seller's Agent in 2022

    Nick Virzi

    Keller Williams Elevate

    (440) 821-5737

    9 in this area

    110 Total Sales

    Nick Virzi
    Section Image
  • Terrie Gerchak

    Buyer's Agent in 2022

    Terrie Gerchak

    EXP Realty, LLC.

    (440) 897-8972

    9 in this area

    65 Total Sales

    Terrie Gerchak
    Section Image
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Map

Source: MLS Now

MLS Number: 4331401

MLS Now

APN: 457-04-101

Ohio Cuyahoga County Parma 44130

7197 Oakwood Rd, Parma, OH

This home is located at 7197 Oakwood Rd, Parma, OH 44130 since 09 November 2021 and is currently estimated at $241,330, approximately $100 per square foot. This property was built in 1960. 7197 Oakwood Rd is a home located in Cuyahoga County with nearby schools including Pleasant Valley Elementary School, Greenbriar Middle School, and Valley Forge High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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