About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

5401 Velma Ave, Parma, OH 44129

$185,000

Last sold 02/23/2015 for $65K

3
bed
1
bath

House not for sale

About 5401 Velma Ave

Property type House

Neighborhood

Year built 1951

HOA fee $0/month

Lot size 5,602 Sqft

Movoto estimate

Parking 1 garage spaces

Rental estimate

Property description

Parma home featuring neutral décor freshly painted throughout. Move-in ready! NEW Roof. Features 3 bedrooms; 2 first floor bedrooms, one 2nd floor bedroom with plenty of storage. Large dormer making it a perfect spot for a Master bedroom retreat, teen suite, office space computer niche, or playroom. NEW carpet throughout, NEW bathroom, updated kitchen with NEW counter-top and back splash. Inspected plumbing and furnace. Finished basement Rec. room with built in bar, NEW glass block security windows. Manageable yard with backyard wooden privacy fence. One (1) car garage and parking pad area for boat or RV. Show anytime!

Listed by

Listing Agent - Michael P. Lyons

Listing Office - Elite Realty, Inc.

Source: MLS Now

MLS#3672421 • last updated 3 years ago

Movoto checked MLS Now for data 8 minutes ago

Overview
Cooling/AC	Central Air
Levels/Style	Two
MLS #	3672421
Status	Closed
Lot Size (Acres)	0.1286
Property Tax	1812

Interior
Total # of Bathrooms	1
# Full Baths	1
# Bedrooms	3
Accessibility Features	None

Exterior

Amenities / Utilities
Sewer/ Septic	Public Sewer
Water Source	Public
Pool Desc	Community

Location
View	City
Subdivision	Grandview Park
Elem School District	Parma CSD - 1824
Middle School District	Parma CSD - 1824
High School District	Parma CSD - 1824

$185K

Range: $170K-$199K

Last 30 days

Rental est.: $4,354/month

• Gross rent multiplier: 1.2 - Excellent

Oct 2025
Public Records
Oct 16, 2025 Sold
$179,000
Oct 2025
MLS # 5149259
Oct 16, 2025 Sold
$179,000 (-5.7%)
Aug 22, 2025 Pending
—
Aug 18, 2025 Listed
$189,900 (+192.2%)
Mar 2015
MLS # 3672421
Mar 31, 2015 Sold
$65,000
Feb 24, 2015 Pending
—
Feb 18, 2015 Contingent
—
Feb 16, 2015 Price Change
$69,500 (-0.6%)
Feb 10, 2015 Price Change
$69,900 (-10.4%)
Jan 9, 2015 Price Change
$78,000 (-2.4%)
Dec 31, 2014 Price Change
$79,900 (-3.0%)
Dec 19, 2014 Price Change
$82,400 (-2.9%)
Dec 10, 2014 Listed
$84,900
Mar 2015
Public Records
Mar 31, 2015 Sold
$65,000 (-6.5%)

Year Property taxes Tax assessment
2025
$1,690 +19.5%

$25,830
2024
$1,415 -35.5%

$25,830 -12.68%
2023
$2,192 -3.8%

$29,580
2022
$2,279 +2.3%

$29,580
2021
$2,228 +33.0%

$29,580 +30.02%
2020
$1,675 +3.1%

$22,750 -65.0%
2019
$1,625 -15.5%

$65,000 +185.71%
2018
$1,922 -25.1%

$22,750 -65.0%
2017
$2,567 +30.3%

$65,000 +171.4%
2016
$1,971

$23,950
2015
$1,971 -0.7%

—
2014
$1,985

—

5401 Velma Ave
$65K
Grandview Park
—
44129
$220K +2% y/y
Parma
$227K +3% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
5403 Velma Ave, Parma, OH 44129	$191,000	3/1	1,248	0.01
5411 Velma Ave, Parma, OH 44129	$217,000	4/1	1,344	0.02
5415 Velma Ave, Parma, OH 44129	$179,000	2/1	1,279	0.02
5275 W 54th St, Parma, OH 44129	$165,000	2/1	808	0.03
5279 W 54th St, Parma, OH 44129	$198,000	3/1	1,372	0.03
5271 W 54th St, Parma, OH 44129	$174,000	4/1	1,386	0.03
5503 Velma Ave, Parma, OH 44129	$198,000	3/1	1,215	0.03
5406 Luelda Ave, Parma, OH 44129	$185,000	2/1	972	0.03

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.