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7198 Oakwood Rd, Parma, OH, 44130

$238,900

Home List Price

$2,837*

Closing Credit

3 Bedrooms
2 Full Baths
2,090 SqFt
$114/SqFt
House

Location

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7198 Oakwood Rd, Parma$238,900

Buyer Closing Credits

$2,837*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Detached, Electricity, Garage, Garage Door Opener
Garage2 spaces
Year Built1960
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #5079291
Lot Size0.18 Acres
StatusAccepting Backup Offers
(Contingent)

About 7198 Oakwood Rd

There is nothing like a WELL CONSTRUCTED home that has been in the family and WELL LOVED for decades. Welcome to 7198 Oakwood Rd in Parma. This WONDERFUL RANCH offers 1,190 sq ft of above-ground living space with 3 bedrooms and 2 full bathrooms and an additional finished rec room, kitchen, full bath and flex room. This lovely home has fantastic hardwood floors exposed in the bedrooms. A bright living room greets you as you enter the home and is open to the dining area.The kitchen is adjacent to the dining room that offers a flow conducive to entertaining. The kitchen offers ample storage, cabinet space, and countertops. All appliances stay. Down the hallway, you will find 3 NICE-SIZED BEDROOMS all with LARGE CLOSETS. A full bath completes the main level. For additional living space, head downstairs to find a LARGE RECREATION ROOM with an attached BONUS ROOM perfect for hosting a game day with your family and friends. There is a full bath as well for your guests convenience. Completing the basement is an EXTRA KITCHEN, large storage/laundry room - plus the washer and dryer are included. Outside you will find a detached oversized 2-car garage with extra space to store your lawn care tools and a new garage door opener. Recent updates include a newer roof and vinyl replacement windows. If you are looking for ONE-FLOOR LIVING in a walkable community close to Tri-C, shopping, parks as well as a quick commute, then this home is waiting for you! Not all homes are created equal. This one is special! A one year Guard HOME WARRANTY is included for your peace of mind.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1960
  • Stories: 1
  • Living Area: 2,090 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Stouffer Realty
  • Office Phone: (216) 926-8836
  • Listing Agent: Holly Michalke

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Patio

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Concrete, Detached, Electricity, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Pleasant Valley Rd to Oakwood Rd. Turn north on Oakwood Rd. Home is located on West side of the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $238,900
  • Price Per SqFt: $114/SqFt

Tax Information:

  • Annual Amount: $2,447
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Parma, OH.

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Parma, OH

City

Med. Sold Price

$205.1K

Med. Price/SqFt

$122

Avg. Days On Market

31

# of Sold Homes

84

7198 Oakwood Rd vs Parma

28 DAYS ON ROCKET

-3 Days

$238,900

+$33.7K More

$114/SqFt

-$9 Less

KEY TAKEAWAY

This property is $33.7K more than the Median Sold Price and $9/SqFt less than other homes in Parma, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5079291

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Stouffer Realty
  • Office Phone: (216) 926-8836
  • Listing Agent: Holly Michalke

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 6:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,447$41,970
2019$2,655$41,970
2018$2,673$41,970
2017$2,599$38,890

History based on county public records data.

Payment Calculator

$1,260

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$783

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-200602
7
/10

  • Parma Park Elementary School

  • 6800 Commonwealth Blvd

  • 0.87 miles

  • Public District Grades KG-4

school-card-donut-200603
6
/10

  • Pleasant Valley Elementary School and STEM Education

  • 9906 W Pleasant Valley Rd

  • 1.42 miles

  • Public District Grades KG-4

school-card-donut-200604
7
/10

  • Big Creek Elementary School

  • 7247 Big Creek Pkwy

  • 1.46 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,594. Most Parma, OH residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Parma, OH

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What are the common housing types in Parma, OH?

The housing landscape in Parma is characterized by a predominance of single-family homes, which make up a significant portion of the market. These homes showcase a range of architectural styles, from classic mid-century ranches to contemporary constructions. The area also offers a selection of apartments and townhouses, providing options for various housing preferences. The majority of homes were built during a development boom in the mid-20th century, reflecting the city's growth during that period. Parma's homeownership rate is robust, with a substantial majority of residents owning their homes.

What are the advantages of living in Parma, OH?

Parma prides itself on a family-friendly atmosphere with a strong sense of community. The city is celebrated for its annual events, such as the Parma Area Chamber of Commerce Rib 'N Rock Rib Cook-Off, which showcases the local culinary scene and brings residents together. The community's character is further defined by its well-maintained parks and recreational facilities, which serve as popular gathering spots for families and outdoor enthusiasts.

Are essential services in Parma, OH convenient?

Residents of Parma benefit from a solid educational system, with a number of public schools serving the community at the elementary, middle, and high school levels, as well as private schools that cater to various educational needs. The city is equipped with healthcare facilities that offer a range of services, from primary care to specialized treatments. The public library system in Parma is extensive, providing residents with access to a wealth of resources and programs. Retail and dining options are plentiful, reflecting the diverse tastes and cultures of the community.

How do Parma, OH residents get around?

Parma's transportation infrastructure supports both private and public transit options, with a network of roads and highways that facilitate commuting to nearby cities and commercial areas. Public buses operate on a regular schedule, providing residents with dependable transportation options. The city is also bike-friendly, with certain areas offering dedicated bike lanes and trails. While ride-sharing services are available, the specifics of their operation are not branded. Recent efforts have been made to enhance the efficiency and accessibility of the transportation system to better serve the community's needs.

Frequently Asked Questions About 7198 Oakwood Rd

What is the listing price of this property?

The listing price of 7198 Oakwood Rd property is $238,900.

What type of property is this?

The property 7198 Oakwood Rd is a house located in Parma, Ohio, 44130.

Is this property for sale now?

Accepting Backup Offers: 7198 Oakwood Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,447 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7198 Oakwood Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7198 Oakwood Rd is 2,090 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7198 Oakwood Rd is 1960.

Rocket Homes›Ohio›Cuyahoga County›Parma›44130›7198 Oakwood Rd

This home is located at 7198 Oakwood Rd in Parma, OH and zip code 44130. This 2,090 square foot home, which was built in 1960, sits on a 0.18 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $238,900.

While more than 44 listings in Parma, OH in October 2024 were sold above asking price, there were more than 10 listings sold at asking price, and more than 30 were sold below. The number of homes for sale in Parma, OH increased by 0.8% between September 2024 and October 2024. In October 2024, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $205,143.

From Rocket Homes Real Estate and based on county public records data.

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