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5606 Theota Avenue

5606 Theota Avenue, Cleveland, OH 44129
Property in Parma
Sold Mar 22, 2021
$120,000
$90,000 by Highlands Residential Mortgage
Mortgage Due Apr 01, 2051
Sold Apr 18, 2018
$50,000
5606 Theota Avenue 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 1903 and is 121 years old. However, we must point out that the home was most recently renovated and altered in 1962. The home has a total of 8 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, 5606 Theota Avenue has 1,676 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 6,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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 detached garage for those who require parking. The garage measured 400 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. 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 building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a gravity heating system 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. 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, 5606 Theota Avenue was last sold in Mar 17, 2021 for $120,000. According to our calculations, that's $53.86 per sqft. Prior to that sales transaction, the property was sold for $50,000 in Apr 1, 2018. Current property owners are expected to pay $2,810 in taxes per year. The property on 5606 Theota Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $38,675. To break that down further, the land itself was valued at $9,100. While improvements to the property were assessed at a total of $29,575. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1903
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 552
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,228
  • Gross Building Area: 2,316
  • Building Area: 1,676
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Gravity
  • Heated Square Feet: 1,676
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RDGVWPK
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 4 RDGVWPK 0188 ALL

Ownership

  • Current Owner : GULRAJANI SUMITA
  • Previous Owner : G FORCE HOLDINGS LLC
  • Owner Before Previous Owner: BARILE FRANCO M
  • Owner Before Previous Owner 2: BARILE KATHLEEN M
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Parma City School District
  • School Tax School District: PARMA CSD
  • Census Tract: 177104

Zoning

  • Zoning: SF-B

Geography

  • Assessors Map Reference: 443-19
  • Parcel: 443-19-015
  • Lot: 188
  • Municipality: PARMA
  • Latitude: 41.4134
  • Longitude: -81.7244

    Address

  • Full Address: 5606 Theota Ave
  • Address - House Number: 5606
  • Address - Street Name: Theota
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C031
  • 4-Digit Zip Code: 2238
  • Zip Code: 44129

Valuation

    Tax

  • Total Area: 1,676
  • Tax Year: 2022
  • Tax Amount: $2,810
  • Tax Rate Code Area: PARMA

    Appraisal Valuation

  • Standard Deviation: 0.1886
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 96
  • Final Value: 165,000
  • High Value: 183,000
  • Low Value: 149,000

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $90,000
  • First Open Lien Mortgage Lender: HIGHLANDS RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Mar 22, 2021
  • First Open Lien Mortgage Loan Amount: $90,000
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $110,500
  • Market Land Value: $26,000
  • Market Improvement Value: $84,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $38,675
  • Assessed Land Value: $9,100
  • Assessed Improvements Value: $29,575

    Sales

  • Current Sale Contract Date: Mar 17, 2021
  • Current Sale Recording Date: Mar 22, 2021
  • Current Sale Transaction ID: 11831516231
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202103220381
  • Previous Sale Recording Date: Apr 18, 2018
  • Previous Sale Contract Date: Apr 01, 2018
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HIGHLANDS RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Mar 22, 2021
  • First Mortgage Loan Amount: $90,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

About Parma



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Frequently Asked Questions

What neighborhood is 5606 Theota Avenue located in?
The 5606 Theota Avenue is a located in the neighborhood of Parma in Parma, Cleveland.
What is the average sales price for listings in 5606 Theota Avenue?
The average sales price for units in 5606 Theota Avenue is $0 currently.

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