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5603 Virginia Avenue

5603 Virginia Avenue, Cleveland, OH 44129
Property in Parma
Sold Oct 06, 2017
$92,000
$90,333 by Loandepot.com Llc
Mortgage Due Nov 01, 2047
Sold Aug 09, 2004
$128,500
$109,225 by Charter One Bank Na
Mortgage Due Sep 01, 2034
5603 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 1965. 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. 5603 Virginia Avenue has 1,164 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 776 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 average. 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. 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, 5603 Virginia Avenue sold most recently in Aug 22, 2017 for a total of $92,000. If you work out the math, that's approximately a cost of $47.42 per sqft. Before that, the property was also sold for $128,500 in Aug 5, 2004. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,928 in taxes each year. 5603 Virginia Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $41,440. If we break it down further, the land itself was valued at $8,190. Improvements to the property, however, were assessed at a total of $33,250. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1949
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • 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: Partial basement
  • Basement Area: 776
  • 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: 1,940
  • Gross Building Area: 1,940
  • Building Area: 1,164
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,164
  • 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 0381 ALL

Ownership

  • Current Owner : PACHECO EDWIN
  • Current Owner 2: PACHECO ELIZABETH A
  • Previous Owner : RICHEY BRAIN D
  • Previous Owner 2: RICHEY BECKY L
  • Owner Before Previous Owner: CHOJNACKI PETER
  • Owner Before Previous Owner 2: CHOJNACKI ANNA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

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: 443-09-134
  • Lot: 381
  • Municipality: PARMA
  • Latitude: 41.4094
  • Longitude: -81.7242

    Address

  • Full Address: 5603 Virginia Ave
  • Address - House Number: 5603
  • Address - Street Name: Virginia
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C031
  • 4-Digit Zip Code: 2607
  • Zip Code: 44129

Valuation

    Tax

  • Total Area: 1,164
  • Tax Year: 2022
  • Tax Amount: $2,928
  • Tax Rate Code Area: PARMA

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 9
  • Final Value: 106,675
  • High Value: 155,191
  • Low Value: 58,158

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $90,333
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Oct 06, 2017
  • First Open Lien Mortgage Loan Amount: $90,333
  • 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: Nov 01, 2047

    Market Valuation

  • Market Total Value: $118,400
  • Market Land Value: $23,400
  • Market Improvement Value: $95,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $41,440
  • Assessed Land Value: $8,190
  • Assessed Improvements Value: $33,250

    Sales

  • Current Sale Contract Date: Aug 22, 2017
  • Current Sale Recording Date: Oct 06, 2017
  • Current Sale Transaction ID: 1397807375
  • Current Sale Price: $92,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201710060720
  • Previous Sale Recording Date: Aug 09, 2004
  • Previous Sale Contract Date: Aug 05, 2004
  • Previous Sale Amount: $128,500
  • Previous Sale Document Type: Survivorship Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Oct 06, 2017
  • First Mortgage Loan Amount: $90,333
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: CHARTER ONE BANK NA
  • Previous Mortgage Transaction Date: Aug 09, 2004
  • Previous Mortgage Loan Amount: $109,225
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2034

About Parma



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Frequently Asked Questions

What neighborhood is 5603 Virginia Avenue located in?
The 5603 Virginia Avenue is a located in the neighborhood of Parma in Parma, Cleveland.
What is the average sales price for listings in 5603 Virginia Avenue?
The average sales price for units in 5603 Virginia Avenue is $0 currently.

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