$194,800
- 3 Beds
- 2 Baths
- 1,540 sqft
5902 Velma Ave, Parma, OH 44129
Est. Refi. Payment $1,407/mo*
Refinance Your HomeCurrently Off Market - Sold Mar 4, 2016 for $84,900
Home Value
Trulia Estimate
$195KSince last month
Increased$2K (+0.9%)Since last year
Increased$2K (+0.9%)Since last sale
Increased$110K (+129.3%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +125% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $195K |
| July 2026 | $193K |
| June 2026 | $194K |
| May 2026 | $193K |
| April 2026 | $191K |
| March 2026 | $188K |
| February 2026 | $184K |
| January 2026 | $181K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.04 | Single-Family Home | $158,000 | 05/08/26 | 3 | 1.5 | 1,753 | |
0.17 | Single-Family Home | $120,000 | 07/13/26 | 3 | 1.5 | 1,511 | |
0.01 | Single-Family Home | $187,000 | 11/21/25 | 3 | 1.5 | 1,262 | |
0.13 | Single-Family Home | $172,000 | 08/03/26 | 3 | 2 | 1,526 | |
0.14 | Single-Family Home | $170,000 | 07/06/26 | 3 | 2 | 1,612 | |
0.04 | Single-Family Home | $188,500 | 08/13/26 | 3 | 1.5 | 1,056 | |
0.20 | Single-Family Home | $146,000 | 08/10/26 | 3 | 2 | 1,380 | |
0.09 | Single-Family Home | $213,500 | 02/13/26 | 3 | 2 | 1,770 | |
0.20 | Single-Family Home | $143,500 | 01/08/26 | 3 | 1.5 | 1,324 | |
0.02 | Single-Family Home | $147,900 | 05/06/26 | 3 | 1 | 1,092 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $187,000 | 3 | 1.5 | 1,262 | Recently Sold | |
0.02 | $147,900 | 3 | 1 | 1,092 | Recently Sold | |
0.04 | $177,800 | 3 | 1 | 1,056 | Off Market | |
0.04 | $188,500 | 3 | 1.5 | 1,056 | Recently Sold | |
0.05 | $262,800 | 6 | 1.5 | - | Off Market | |
0.04 | $158,000 | 3 | 1.5 | 1,753 | Recently Sold | |
0.07 | $245,800 | 3 | 2 | 1,157 | Off Market | |
0.07 | $205,500 | 3 | 2 | 1,420 | Off Market | |
0.09 | $249,300 | 3 | 1.5 | 1,332 | Off Market | |
0.09 | $213,500 | 3 | 2 | 1,770 | Recently Sold | |
0.07 | $247,000 | 3 | 1.5 | 1,155 | Off Market | |
0.07 | $202,600 | 3 | 1 | 1,957 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1924
1,540 sqft
$126/sqft
Garage
About this House
Nice and ready to move into. This home is unique with a large living room which includes a vaulted ceiling and wood beams. First floor bedroom was used as an office but can be a small bedroom with closet. Full baths on both the first and second floor have been updated. The kitchen has newer oak cabinets and all the appliances will stay including the washer and dryer. The covered front deck with railings adds charm to this home. The full basement with glass block windows offers extra storage and potential living space as well. 1-1/2 car detached garage with new roof in 2015. A 1 year home warranty with America Preferred is being offered by the seller. Minutes to Rt 480 and much shopping.
5902 Velma Ave, Parma, OH 44129 is a 3 bedroom, 2 bathroom, 1,540 sqft single-family home built in 1924. It last sold for $84,900 on Mar 4, 2016. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $194,800, with a rent estimate of $1,490/month.
Home Details for 5902 Velma Ave
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Interior Details BasementNumber of Rooms: 5 |
Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1 |
Appliances & Utilities DishwasherDisposalMicrowaveRefrigerator |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: AsphaltExterior: VinylPorch |
Parking & Garage GarageParking Space: 1Parking: Garage Detached |
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Year Built Year Built: 1924Year Updated: 1956 |
Property Type / Style Property Type: Single Family HomeArchitecture: Bungalow |
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Units in Building: 1 |
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Lot Area: 5662 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 4, 2016 Source: MLS Now #3760538 | Sold | $84,900 |
Jan 28, 2016 Source: Agent Provided | Pending | $84,900 |
Nov 4, 2015 Source: Agent Provided | PriceChange | $84,900 Price decreased by 5% |
Jun 6, 2015 Source: Agent Provided | PriceChange | $89,500 Price decreased by 6% |
May 12, 2015 Source: Agent Provided | PriceChange | $94,900 Price decreased by 3% |
Apr 23, 2015 Source: Agent Provided | Listed For Sale | $97,500 |
Jun 26, 2008 Source: N/A | Sold | $95,000 |
Jan 22, 2008 Source: N/A | Sold | $46,000 |
Dec 15, 2006 Source: N/A | Sold | $63,334 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,042 | $171,400 |
Home facts updated by county records
Market trends in Parma
Last updated July 2026
Avg. sale price
$234K
$8KMoM
Sale-to-List Price
100.7%
0.1%MoM
Price per sq ft
$137
$1MoM
Available listings
210
14MoM
Around this home
What Locals Say about Parma
At least 577 Trulia users voted on each feature.
95 % Say there are sidewalks
91 % Say it's dog friendly
85 % Say parking is easy
84 % Say car is needed
83 % Say yards are well-kept
75 % Say there's holiday spirit
74 % Say kids play outside
70 % Say there's wildlife
70 % Say people would walk alone at night
68 % Say streets are well-lit
60 % Say it's walkable to restaurants
60 % Say it's quiet
57 % Say it's walkable to grocery stores
55 % Say neighbors are friendly
48 % Say they plan to stay for at least 5 years
23 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 5902 Velma Ave
- What is 5902 Velma Ave estimated to be worth?Trulia's estimated value for 5902 Velma Ave in Parma, OH is $194,800.
- What is the price history for 5902 Velma Ave?5902 Velma Ave in Parma, OH last sold for $84,900 in March 2016.
- Is Parma a buyer's or seller's market?Parma is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Parma?The median sale price in Parma is $234K. That is up $8K from the prior month.
- Does 5902 Velma Ave have air conditioning?Yes, 5902 Velma Ave in Parma, OH has air conditioning.
- How big is the lot at 5902 Velma Ave?The lot at 5902 Velma Ave in Parma, OH is about 0.13 acres (5,663 sq ft).

