NOT LISTED FOR SALE

7506 Newport Ave Cleveland, OH 44129

Estimated Value: $144,000 - $183,799

3 Beds
1.5 Baths
1,464 Sq Ft
$109/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $130,000 $89 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,120/month

5 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Eat-In Kitchen
  • No HOA
  • Front Porch
  • Walk-In Closet

About This Home

As of July 2024

Welcome to this spacious Parma Colonial with an inviting front porch. Built in 1927 this home has original woodwork throughout offering an abundance of charm and character. This home features 3 large bedrooms on the second floor, 1 full bath up and a half bath in the basement with material already bought to add a shower. The living room features hardwood floor and a fireplace. Seller does not know if the fireplace is in working order. The dining room has linoleum on the floor. There are newer windows and 2 new doors. HW heater 2019. All bedrooms have walk in closets and dressing areas. Basement includes glass block windows with vents.
There is a back porch off the kitchen and a small patio.

Last Agent to Sell the Property

Mary Fitzgerald

Keller Williams Elevate Brokerage Email: mary@maryfitzgeraldrealtor.com 216-496-0240 License #326580 Listed on: 06/15/2024

Keller Williams Elevate

Last Buyer's Agent

Scott Carpenter

Keller Williams Greater Metropolitan License #2019002705

Keller Williams Greater Metropolitan

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,497

Year Built

  • Built in 1927

Lot Details

  • 4,800

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,464 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Sump Pump
  • Laundry in Basement

Outdoor Features

  • Patio
  • Front Porch

Utilities

  • No Cooling
  • Forced Air Heating System

Additional Features

  • 4,800 Sq Ft Lot
  • City Lot

Community Details

  • No Home Owners Association
  • Libhts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 442-17-130

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,497

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1927
  • Attribution Contact: mary@maryfitzgeraldrealtor.com 216-496-0240
  • ResoLotFeatures: City Lot
  • ResoSpecialListingConditions: Estate
  • Subdivision Name: Libhts
  • Above Grade Finished Sq Ft: 1464.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Reso Interior Features: Bookcases, Ceiling Fan(s), Eat-in Kitchen, Walk-In Closet(s)
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Basement: Sump Pump, Unfinished
  • Basement: Yes
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Stories: 2

Exterior Features

  • Roof: Asphalt
  • Acres: 0.1102
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Foundation Details: Block
  • Patio And Porch Features: Front Porch, Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Electricity, Garage

Utilities

  • LaundryFeatures: Gas Dryer Hookup, In Basement
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Parma CSD - 1824

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 442-17-130
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2497.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2024
Closed on
Jul 18, 2024
Sold by
Johnson Matthew and Johnson Mark
Bought by
Pflug Lauri
Seller's Agent
Mary Fitzgerald
Keller Williams Elevate
Buyer's Agent
Scott Carpenter
Keller Williams Greater Metropolitan
List Price
$160,000
Sold Price
$130,000
Premium/Discount to List
-$30,000
-18.75%
Views
62
Current Estimated Value
$160,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,200
Avg. Annual Appreciation
17.88%
Original Mortgage
$4,000
Outstanding Balance
$3,952
Interest Rate
6.99%
Estimated Equity
$156,248

Purchase Details

Listed on
Dec 9, 2015
Closed on
Mar 8, 2016
Sold by
Simpson Jo Anne E
Bought by
Johnson Matthew
Seller's Agent
Sam LoFaso
LoFaso Real Estate Services
Buyer's Agent
Jessica Chodaczek
LoFaso Real Estate Services
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%
Original Mortgage
$58,500
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 1983
Sold by
Simpson Bernard J and Jo Anne E
Bought by
Simpson Bernard J

Purchase Details

Closed on
Jan 1, 1975
Bought by
Simpson Bernard J and Jo Anne E
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
Pflug Lauri $130,000 Ohio Real Title
Johnson Matthew $65,000 Ohio Real Title
Simpson Bernard J -- --
Simpson Bernard J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pflug Lauri $4,000
Open Pflug Lauri $126,100
Previous Owner Johnson Matthew $58,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2024 07/19/24 Sold $130,000 -18.8% $89 / Sq Ft
06/21/2024 06/21/24 Pending -- -- --
06/15/2024 06/15/24 For Sale $160,000 +146.2% $109 / Sq Ft
03/10/2016 03/10/16 Sold $65,000 -7.0% $44 / Sq Ft View Prior Sale
01/24/2016 01/24/16 Pending -- -- --
12/09/2015 12/09/15 For Sale $69,900 -- $48 / 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 $3,326 $54,425 $9,940 $44,485
2023 $2,496 $34,300 $8,190 $26,110
2022 $2,472 $34,300 $8,190 $26,110
2021 $2,540 $34,300 $8,190 $26,110
2020 $2,230 $26,390 $6,300 $20,090
2019 $2,129 $75,400 $18,000 $57,400
2018 $1,626 $26,390 $6,300 $20,090
2017 $1,911 $21,880 $4,410 $17,470
2016 $1,233 $21,880 $4,410 $17,470
2015 $1,100 $21,880 $4,410 $17,470
2014 $1,202 $23,280 $4,690 $18,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5046299

MLS Now

APN: 442-17-130