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1040 Wilbert Road

1040 Wilbert Road, Lakewood, OH 44107
Property in Lakewood
Sold Oct 17, 2008
$334,000
$230,000 by First Fsla Of Lakewood
Mortgage Due Aug 01, 2026
Sold Sep 03, 1996
$279,000
$223,200 by Countrywide Home Loans I
Mortgage Due Sep 03, 2026
1040 Wilbert Road has been categorized by the local assessors in Lakewood, OH as a residential type of property. The building on the property was first built in 1917 and is 107 years old. However, we must point out that the home was most recently renovated and altered in 1972. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1040 Wilbert Road has 2,365 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 1,020 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 2,060 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 12,360 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 484 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of materials we are unsure of. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a steam heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a storm sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though you may still need to pay additional fees to have your wastewater disposed in this manner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1040 Wilbert Road was last sold in Oct 15, 2008 for $334,000. According to our calculations, that's $98.67 per sqft. Prior to that sales transaction, the property was sold for $279,000 in Sep 3, 1996. Current property owners are expected to pay $13,684 in taxes per year. The property on 1040 Wilbert Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $177,170. To break that down further, the land itself was valued at $38,500. While improvements to the property were assessed at a total of $138,670. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,020
  • Garage Type: Detached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,360
  • Lot Size Depth Feet: 2,060
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,385
  • Gross Building Area: 3,385
  • Building Area: 2,365
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Steam
  • Heated Square Feet: 2,365
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: OVERLPK
  • Land Acres: 0.284
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 21 OVERLPK S/L 5 NP 0004 SP

Ownership

  • Current Owner : PETTI MICHAEL P
  • Current Owner 2: PETTI LORI F
  • Previous Owner : MORITZ JEFFREY C
  • Previous Owner 2: MORITZ PAMELA J
  • Owner Before Previous Owner: GALLAGHER CHARLES G
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Lakewood City School District
  • School Tax School District: LAKEWOOD CSD
  • Census Tract: 160500

Zoning

  • Zoning: R1M

Geography

  • Assessors Map Reference: 312-07
  • Parcel: 312-07-037
  • Lot: 4
  • Municipality: LAKEWOOD
  • Latitude: 41.4946
  • Longitude: -81.7847

    Address

  • Full Address: 1040 Wilbert Rd
  • Address - House Number: 1040
  • Address - Street Name: Wilbert
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: Lakewood
  • Carrier Code: C008
  • 4-Digit Zip Code: 1442
  • Zip Code: 44107

Valuation

    Tax

  • Total Area: 2,205
  • Tax Year: 2022
  • Tax Amount: $13,684
  • Tax Rate Code Area: LAKEWOOD

    Appraisal Valuation

  • Standard Deviation: 0.2479
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 65
  • Final Value: 621,254
  • High Value: 775,285
  • Low Value: 467,223

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $230,000
  • First Open Lien Mortgage Lender: FIRST FSLA OF LAKEWOOD
  • First Open Lien Mortgage Recording Date: Jul 27, 2011
  • First Open Lien Mortgage Loan Amount: $230,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2026

    Market Valuation

  • Market Total Value: $506,200
  • Market Land Value: $110,000
  • Market Improvement Value: $396,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $177,170
  • Assessed Land Value: $38,500
  • Assessed Improvements Value: $138,670

    Sales

  • Current Sale Contract Date: Oct 15, 2008
  • Current Sale Recording Date: Oct 17, 2008
  • Current Sale Transaction ID: 1137969505
  • Current Sale Price: $334,000
  • Current Sale Document Type: Survivorship Deed
  • Current Sale Input Document Number: 200810170070
  • Previous Sale Recording Date: Sep 03, 1996
  • Previous Sale Contract Date: Sep 03, 1996
  • Previous Sale Amount: $279,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: THIRD FSLA OF CLEVELAND
  • First Mortgage Transaction Date: Oct 17, 2008
  • First Mortgage Loan Amount: $267,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Nov 01, 2038

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOANS I
  • Previous Mortgage Transaction Date: Sep 03, 1996
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $223,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 03, 2026

About Lakewood



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Frequently Asked Questions

What neighborhood is 1040 Wilbert Road located in?
The 1040 Wilbert Road is a located in the neighborhood of Lakewood in Lakewood, Lakewood.
What is the average sales price for listings in 1040 Wilbert Road?
The average sales price for units in 1040 Wilbert Road is $0 currently.

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