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11041 Riveredge Drive

11041 Riveredge Drive, Cleveland, OH 44130
Property in Parma
Sold Sep 29, 2015
$109,500
$107,516 by First Guaranty Mortgage Corp
Mortgage Due Oct 01, 2045
Sold Nov 30, 2007
$100,000
$100,000 by Real Estate Mortgage Corp
Mortgage Due Dec 01, 2037
11041 Riveredge Drive in Cleveland, OH was first built in 1958 and is 66 years old. Although, the building on the property was most recently renovated and altered in 1972. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 11041 Riveredge Drive has 1,066 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,290. In total, the area measurement of the land is 7,740 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of asphalt. Water for the property is sourced from a municipal system. The property is connected to a storm sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed in this manner. For those who need parking, there is a detached garage. The garage is 440 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 11041 Riveredge Drive sold most recently in Sep 28, 2015 for a total of $109,500. If you work out the math, that's approximately a cost of $51.36 per sqft. Before that, the property was also sold for $100,000 in Nov 28, 2007. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,198 in taxes each year. 11041 Riveredge Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $44,975. If we break it down further, the land itself was valued at $9,835. Improvements to the property, however, were assessed at a total of $35,140. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,066
  • Garage Type: Detached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,740
  • Lot Size Depth Feet: 1,290
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,132
  • Gross Building Area: 2,132
  • Building Area: 1,066
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,066
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TUCK SELBYHOMES#1
  • Land Acres: 0.178
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 17 TUCK SELBYHOMES#1 0129 ALL

Ownership

  • Current Owner : GILBERT JASON M
  • Current Owner 2: GILBERT REBECCA L
  • Previous Owner : FARLEY JEREMY R
  • Previous Owner 2: FARLEY JESSICA L
  • Owner Before Previous Owner: MOLLARD DARLENE K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Parma City School District
  • School Tax School District: PARMA CSD
  • Census Tract: 177101

Zoning

  • Zoning: SF-A

Geography

  • Assessors Map Reference: 442-36
  • Parcel: 442-36-044
  • Lot: 129
  • Municipality: PARMA
  • Latitude: 41.4136
  • Longitude: -81.7633

    Address

  • Full Address: 11041 Riveredge Dr
  • Address - House Number: 11041
  • Address - Street Name: Riveredge
  • Address - Suffix Type: Dr
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C016
  • 4-Digit Zip Code: 1254
  • Zip Code: 44130

Valuation

    Tax

  • Total Area: 1,066
  • Tax Year: 2022
  • Tax Amount: $3,198
  • Tax Rate Code Area: PARMA

    Appraisal Valuation

  • Standard Deviation: 0.2749
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 60
  • Final Value: 187,241
  • High Value: 238,715
  • Low Value: 135,768

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $118,375
  • First Open Lien Mortgage Lender: FIRST GUARANTY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Sep 29, 2015
  • First Open Lien Mortgage Loan Amount: $107,516
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2045
  • Second Open Lien Mortgage Lender: RUSHMORE LOAN MANAGEMENT SERVI
  • Second Open Lien Mortgage Recording Date: Dec 13, 2021
  • Second Open Lien Mortgage Loan Amount: $10,859
  • Second Open Lien Mortgage Term: 285
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2045

    Market Valuation

  • Market Total Value: $128,500
  • Market Land Value: $28,100
  • Market Improvement Value: $100,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $44,975
  • Assessed Land Value: $9,835
  • Assessed Improvements Value: $35,140

    Sales

  • Current Sale Contract Date: Sep 28, 2015
  • Current Sale Recording Date: Sep 29, 2015
  • Current Sale Transaction ID: 1347677398
  • Current Sale Price: $109,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201509290566
  • Previous Sale Recording Date: Nov 30, 2007
  • Previous Sale Contract Date: Nov 28, 2007
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST GUARANTY MORTGAGE CORP
  • First Mortgage Transaction Date: Sep 29, 2015
  • First Mortgage Loan Amount: $107,516
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: REAL ESTATE MORTGAGE CORP
  • Previous Mortgage Transaction Date: Nov 30, 2007
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2037

About Parma



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Frequently Asked Questions

What neighborhood is 11041 Riveredge Drive located in?
The 11041 Riveredge Drive is a located in the neighborhood of Parma in Parma, Cleveland.
What is the average sales price for listings in 11041 Riveredge Drive?
The average sales price for units in 11041 Riveredge Drive is $0 currently.

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