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5407 Virginia Avenue

5407 Virginia Avenue, Cleveland, OH 44129
Property in Parma
Sold Apr 27, 2016
$103,000
$101,134 by First Fsla Of Lakewood
Mortgage Due May 01, 2046
Sold Feb 09, 2010
$106,000
$104,080 by Fifth Third Mortgage Co
Mortgage Due Mar 01, 2040
5407 Virginia Avenue in Cleveland, OH was first built in 1949 and is 75 years old. Although, the building on the property was most recently renovated and altered in 1981. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Cape Cod style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 5407 Virginia Avenue has 1,236 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 824 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 400 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 4,800 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. Water for the property is sourced from a municipal system. The property is connected to a storm sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed in this manner. For those who need parking, there is a detached garage. The garage is 280 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5407 Virginia Avenue was last sold in Apr 26, 2016 for $103,000. According to our calculations, that's $50.00 per sqft. Prior to that sales transaction, the property was sold for $106,000 in Feb 8, 2010. Current property owners are expected to pay $3,185 in taxes per year. The property on 5407 Virginia Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $45,465. To break that down further, the land itself was valued at $8,190. While improvements to the property were assessed at a total of $37,275. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 824
  • Garage Type: Detached
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,800
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,060
  • Gross Building Area: 2,060
  • Building Area: 1,236
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,236
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RDG
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 5 RDGWGAR 0374 ALL

Ownership

  • Current Owner : GOKEY SCOTT
  • Previous Owner : MEYERS BRITTANY LEE
  • Previous Owner 2: SCHMIDT EDWARD JOHN
  • Owner Before Previous Owner: LAKATOS BARNABAS
  • Owner Before Previous Owner 2: LAKATOS EVE

Neighborhood

  • School District Name: Parma City School District
  • School Tax School District: PARMA CSD
  • Census Tract: 177201

Zoning

  • Zoning: SF-B

Geography

  • Assessors Map Reference: 443-09
  • Parcel: 443-09-127
  • Lot: 374
  • Municipality: PARMA
  • Latitude: 41.4095
  • Longitude: -81.7232

    Address

  • Full Address: 5407 Virginia Ave
  • Address - House Number: 5407
  • Address - Street Name: Virginia
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C031
  • 4-Digit Zip Code: 2603
  • Zip Code: 44129

Valuation

    Tax

  • Total Area: 1,236
  • Tax Year: 2022
  • Tax Amount: $3,185
  • Tax Rate Code Area: PARMA

    Appraisal Valuation

  • Standard Deviation: 0.2674
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 61
  • Final Value: 180,182
  • High Value: 228,380
  • Low Value: 131,985

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $101,134
  • First Open Lien Mortgage Lender: FIRST FSLA OF LAKEWOOD
  • First Open Lien Mortgage Recording Date: Apr 27, 2016
  • First Open Lien Mortgage Loan Amount: $101,134
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2046

    Market Valuation

  • Market Total Value: $129,900
  • Market Land Value: $23,400
  • Market Improvement Value: $106,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $45,465
  • Assessed Land Value: $8,190
  • Assessed Improvements Value: $37,275

    Sales

  • Current Sale Contract Date: Apr 26, 2016
  • Current Sale Recording Date: Apr 27, 2016
  • Current Sale Transaction ID: 1858814431
  • Current Sale Price: $103,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201604270930
  • Previous Sale Recording Date: Feb 09, 2010
  • Previous Sale Contract Date: Feb 08, 2010
  • Previous Sale Amount: $106,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FSLA OF LAKEWOOD
  • First Mortgage Transaction Date: Apr 27, 2016
  • First Mortgage Loan Amount: $101,134
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • Previous Mortgage Transaction Date: Feb 09, 2010
  • Previous Mortgage Loan Amount: $104,080
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2040

About Parma



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Frequently Asked Questions

What neighborhood is 5407 Virginia Avenue located in?
The 5407 Virginia Avenue is a located in the neighborhood of Parma in Parma, Cleveland.
What is the average sales price for listings in 5407 Virginia Avenue?
The average sales price for units in 5407 Virginia Avenue is $0 currently.

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