$192,700
- 3 Beds
- 1 Bath
- 1,352 sqft
7103 Velma Ave, Parma, OH 44129
Est. Refi. Payment $1,407/mo*
Refinance Your HomeCurrently Off Market - Sold Oct 27, 2022 for $157,000
Home Value
Trulia Estimate
$193KSince last month
Decreased$2K (-0.8%)Since last year
Increased$2K (+0.8%)Since last sale
Increased$35K (+22.5%)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 +167% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $192K |
| August 2026 | $193K |
| July 2026 | $194K |
| June 2026 | $195K |
| May 2026 | $194K |
| April 2026 | $194K |
| March 2026 | $189K |
| February 2026 | $186K |
| January 2026 | $182K |
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 |
|---|---|---|---|---|---|---|---|
0.17 | Single-Family Home | $160,000 | 07/14/26 | 3 | 1 | 1,215 | |
0.19 | Single-Family Home | $160,100 | 06/25/26 | 3 | 1 | 1,639 | |
0.19 | Single-Family Home | $157,500 | 02/04/26 | 3 | 1 | 1,092 | |
0.18 | Single-Family Home | $170,000 | 10/09/25 | 3 | 1 | 2,100 | |
0.24 | Single-Family Home | $147,500 | 01/16/26 | 3 | 1 | 1,416 | |
0.08 | Single-Family Home | $150,000 | 01/12/26 | 2 | 1 | 1,092 | |
0.23 | Single-Family Home | $188,500 | 03/10/26 | 3 | 1 | 1,092 | |
0.24 | Single-Family Home | $185,000 | 02/13/26 | 3 | 1 | 1,092 | |
0.25 | Single-Family Home | $129,000 | 09/25/25 | 3 | 1 | 1,300 | |
0.12 | Single-Family Home | $229,000 | 04/07/26 | 2 | 1 | 1,500 |
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 | $173,200 | 3 | 1 | 1,014 | Off Market | |
0.02 | $209,800 | 3 | 2 | 2,516 | Off Market | |
0.04 | $199,900 | 3 | 1.5 | 1,460 | For Sale | |
0.07 | $166,600 | 2 | 1 | 949 | Off Market | |
0.06 | $199,900 | 3 | 1 | 1,014 | For Sale | |
0.08 | $150,000 | 2 | 1 | 1,092 | Recently Sold | |
0.10 | $257,900 | 4 | 2.5 | 1,461 | Off Market | |
0.12 | $216,700 | 4 | 2 | 2,922 | Off Market | |
0.14 | $182,300 | 3 | 1 | 1,093 | Off Market | |
0.14 | $237,800 | 4 | 3 | 1,700 | Off Market | |
0.15 | $169,600 | 4 | 2 | - | Off Market | |
0.16 | $156,600 | 4 | 2 | 2,059 | Off Market |
Local Information
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Home Highlights
Single-Family Home
Built in 1942
1,352 sqft
$143/sqft
About this House
Charming, move-in ready 3 bedroom bungalow that has been nicely updated. The first floor features kitchen with newer stainless steel appliances, ceramic tile flooring, white cabinets and opens to a light and bright dining room with built-in corner cabinets and a four season room. The large living room has a picture window and access to a convenient first floor bedroom/home office. The primary bedroom is on the second floor along with an additional bedroom and a beautifully updated full bath. Hardwood floors, modern light fixtures and newer paint throughout the home! AC installed and new furnace added in 2019. Enjoy the private, fenced-in yard, perfect for get-togethers and entertaining.
7103 Velma Ave, Parma, OH 44129 is a 3 bedroom, 1 bathroom, 1,352 sqft single-family home built in 1942. It last sold for $157,000 on Oct 27, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $192,700, with a rent estimate of $1,621/month.
Home Details for 7103 Velma Ave
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Heating & Cooling Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air |
Appliances & Utilities MicrowaveRefrigerator |
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Exterior Home Features Roof: Asphalt |
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Year Built Year Built: 1942 |
Property Type / Style Property Type: Single Family Home |
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Lot Area: 4356 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 15, 2026 Source: MLS Now #5236255 | ListingRemoved | $192,500 |
Sep 1, 2026 Source: MLS Now #5236255 | Pending | $192,500 |
Aug 13, 2026 Source: MLS Now #5236255 | Listed For Sale | $192,500 |
Oct 27, 2022 Source: MLS Now #4413373 | Sold | $157,000 |
Oct 8, 2022 Source: Cutler Real Estate #4413373 | Pending | $145,000 |
Oct 8, 2022 Source: MLS Now #4413373 | Contingent | $145,000 |
Oct 4, 2022 Source: MLS Now #4413373 | Listed For Sale | $145,000 |
Apr 12, 2018 Source: Agent Provided | ListingRemoved | $112,799 |
Apr 12, 2018 Source: Agent Provided | Listed For Sale | $112,799 |
Apr 9, 2018 Source: MLS Now #3943722 | Sold | $110,000 |
Jan 23, 2018 Source: Agent Provided | Pending | $112,799 |
Jan 18, 2018 Source: Agent Provided | PriceChange | $112,799 Price decreased by 0% |
Jan 2, 2018 Source: Agent Provided | PriceChange | $112,899 Price decreased by 0% |
Nov 9, 2017 Source: Agent Provided | PriceChange | $112,900 Price decreased by 4% |
Oct 12, 2017 Source: Agent Provided | PriceChange | $118,000 Price decreased by 2% |
Sep 27, 2017 Source: Agent Provided | Listed For Sale | $120,000 |
Jul 29, 2017 Source: N/A | Sold | $63,900 |
Jul 21, 2017 Source: Agent Provided | Pending | $69,900 |
Jul 10, 2017 Source: Agent Provided | PriceChange | $69,900 Price decreased by 4% |
Jul 7, 2017 Source: Agent Provided | PriceChange | $72,900 Price decreased by 3% |
Jun 26, 2017 Source: Agent Provided | Listed For Sale | $74,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,449 | $138,000 |
Home facts updated by county records
Market trends in Parma
Last updated August 2026
Avg. sale price
$223K
$1.83KMoM
Sale-to-List Price
101.3%
0.7%MoM
Price per sq ft
$139
$3MoM
Available listings
238
28MoM
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 7103 Velma Ave
- What is 7103 Velma Ave estimated to be worth?Trulia's estimated value for 7103 Velma Ave in Parma, OH is $192,700.
- What is the price history for 7103 Velma Ave?7103 Velma Ave in Parma, OH last sold for $157,000 in October 2022.
- 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 $223K. That is up $1.83K from the prior month.
- Does 7103 Velma Ave have air conditioning?Yes, 7103 Velma Ave in Parma, OH has air conditioning.
- How big is the lot at 7103 Velma Ave?The lot at 7103 Velma Ave in Parma, OH is about 0.10 acres (4,356 sq ft).