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5557 Hilltop Oval

5557 Hilltop Oval, Cleveland, OH 44134
Townhouse in Parma
Sold Apr 12, 2023
$140,000
$112,000 by Crosscountry Mortgage, Llc
Mortgage Due May 01, 2053
Sold Oct 26, 2018
$96,000
$76,800 by Key Bank Na
Mortgage Due Nov 01, 2048
5557 Hilltop Oval has been categorized by the local assessors in Cleveland, OH as a residential type of property. The building on the property was first built in 1976 and is 48 years old. However, we must point out that the home was most recently renovated and altered in 1986. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5557 Hilltop Oval has 1,319 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 42 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 220 sqft. According to our sources, there is one available parking space. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a storm sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though you may still need to pay additional fees to have your wastewater disposed in this manner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5557 Hilltop Oval sold most recently in Apr 11, 2023 for a total of $140,000. If you work out the math, that's approximately a cost of $66.76 per sqft. Before that, the property was also sold for $96,000 in Oct 25, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,447 in taxes each year. 5557 Hilltop Oval was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $33,600. If we break it down further, the land itself was valued at $3,360. Improvements to the property, however, were assessed at a total of $30,240. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 558
  • Garage Type: Attached
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 42
  • Total Building Area: 2,097
  • Gross Building Area: 2,097
  • Building Area: 1,319
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,319
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SANDPIPER COND
  • Land Acres: 0.001
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: 8 SANDPIPER CONDO 2.0120% 0118

Ownership

  • Current Owner : SEESE NATHAN
  • Previous Owner : SARKIS RYAN G
  • Owner Before Previous Owner: JAMISON KYLE SCOTT
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Parma City School District
  • School Tax School District: PARMA CSD
  • Census Tract: 177304

Geography

  • Assessors Map Reference: 445-12
  • Parcel: 445-12-352
  • Lot: 118
  • Municipality: PARMA
  • Latitude: 41.4114
  • Longitude: -81.6889

    Address

  • Full Address: 5557 Hilltop Oval
  • Address - House Number: 5557
  • Address - Street Name: Hilltop
  • Address - Suffix Type: Oval
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C044
  • 4-Digit Zip Code: 2044
  • Zip Code: 44134

Valuation

    Tax

  • Total Area: 1,319
  • Tax Year: 2022
  • Tax Amount: $2,447
  • Tax Rate Code Area: PARMA

    Appraisal Valuation

  • Standard Deviation: 0.2669
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 61
  • Final Value: 146,711
  • High Value: 185,872
  • Low Value: 107,551

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $112,000
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: Apr 12, 2023
  • First Open Lien Mortgage Loan Amount: $112,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2053

    Market Valuation

  • Market Total Value: $96,000
  • Market Land Value: $9,600
  • Market Improvement Value: $86,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $33,600
  • Assessed Land Value: $3,360
  • Assessed Improvements Value: $30,240

    Sales

  • Current Sale Contract Date: Apr 11, 2023
  • Current Sale Recording Date: Apr 12, 2023
  • Current Sale Transaction ID: 11905126076
  • Current Sale Price: $140,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 408
  • Previous Sale Recording Date: Oct 26, 2018
  • Previous Sale Contract Date: Oct 25, 2018
  • Previous Sale Amount: $96,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE, LLC
  • First Mortgage Transaction Date: Apr 12, 2023
  • First Mortgage Loan Amount: $112,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: KEY BANK NA
  • Previous Mortgage Transaction Date: Oct 26, 2018
  • Previous Mortgage Loan Amount: $76,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2048

About Parma



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Frequently Asked Questions

What neighborhood is 5557 Hilltop Oval located in?
The 5557 Hilltop Oval is a townhouse located in the neighborhood of Parma in Parma, Cleveland.
What is the average sales price for listings in 5557 Hilltop Oval?
The average sales price for units in 5557 Hilltop Oval is $0 currently.

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