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7403 Virginia Avenue

7403 Virginia Avenue, Cleveland, OH 44129
Property in Parma
Sold May 17, 2021
$125,000
$110,653 by Premium Security Inc
Mortgage Due Jun 01, 2051
Sold Oct 22, 1993
Transfer
Local assessors in Cleveland, OH have categorized 7403 Virginia Avenue as a residential type of property. The home was built in 1951 and is 73 years old. It was most recently renovated and altered in 1965. The property's lot size has been calculated to be 4,800 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 400 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7403 Virginia Avenue has a total of 1,092 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a storm sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on no air conditioning for their cooling system. The home's a gravity heating system is the primary heating source and it is 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, 7403 Virginia Avenue was last sold in Apr 28, 2021 for $125,000. According to our calculations, that's $68.68 per sqft. Current property owners are expected to pay $2,561 in taxes per year. The property on 7403 Virginia Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $35,700. To break that down further, the land itself was valued at $7,770. While improvements to the property were assessed at a total of $27,930. 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: 1951
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • 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: Unspecified basement
  • Basement Area: 728
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,800
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,820
  • Gross Building Area: 1,820
  • Building Area: 1,092
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Gravity
  • Heated Square Feet: 1,092
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CALVINPK
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 5 CALVINPK 0024 ALL

Ownership

  • Current Owner : ROSS JENNIFER
  • Previous Owner : PRIMOZIC ALAN J
  • Previous Owner 2: PRIMOZIC JANET M
  • Owner Before Previous Owner: ROSS JANET M
  • Is Owner Occupied: Owner-occupied property

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: 443-03
  • Parcel: 443-03-004
  • Lot: 24
  • Municipality: PARMA
  • Latitude: 41.4097
  • Longitude: -81.7355

    Address

  • Full Address: 7403 Virginia Ave
  • Address - House Number: 7403
  • Address - Street Name: Virginia
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C031
  • 4-Digit Zip Code: 2533
  • Zip Code: 44129

Valuation

    Tax

  • Total Area: 728
  • Tax Year: 2022
  • Tax Amount: $2,561
  • Tax Rate Code Area: PARMA

    Appraisal Valuation

  • Standard Deviation: 0.0496
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 95
  • Final Value: 158,000
  • High Value: 175,000
  • Low Value: 143,000

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $110,653
  • First Open Lien Mortgage Lender: PREMIUM SECURITY INC
  • First Open Lien Mortgage Recording Date: May 17, 2021
  • First Open Lien Mortgage Loan Amount: $110,653
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $102,000
  • Market Land Value: $22,200
  • Market Improvement Value: $79,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $35,700
  • Assessed Land Value: $7,770
  • Assessed Improvements Value: $27,930

    Sales

  • Current Sale Contract Date: Apr 28, 2021
  • Current Sale Recording Date: May 17, 2021
  • Current Sale Transaction ID: 11841261290
  • Current Sale Price: $125,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202105170433
  • Previous Sale Recording Date: Oct 22, 1993
  • Previous Sale Contract Date: Oct 22, 1993
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PREMIUM SECURITY INC
  • First Mortgage Transaction Date: May 17, 2021
  • First Mortgage Loan Amount: $110,653
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2051

About Parma



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Frequently Asked Questions

What neighborhood is 7403 Virginia Avenue located in?
The 7403 Virginia Avenue is a located in the neighborhood of Parma in Parma, Cleveland.
What is the average sales price for listings in 7403 Virginia Avenue?
The average sales price for units in 7403 Virginia Avenue is $0 currently.

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