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116 East Ridgewood Drive

116 East Ridgewood Drive, Independence, OH 44131
Property in Seven Hills
Sold Sep 22, 2021
$200,000
$196,377 by Lendus Llc
Mortgage Due Oct 01, 2051
Sold Aug 07, 2017
$28,000
116 East Ridgewood Drive in Independence, OH was first built in 1952 and is 72 years old. Although, the building on the property was most recently renovated and altered in 1982. 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 are 2 partial bathrooms. 116 East Ridgewood Drive has 1,402 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 800 ft and the linear feet between the front and back of the lot is 5,700. In total, the area measurement of the land is 45,600 square feet.

Learn more about the property and building on this page. There is 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 506 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 B. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 116 East Ridgewood Drive sold most recently in Sep 16, 2021 for a total of $200,000. If you work out the math, that's approximately a cost of $71.33 per sqft. Before that, the property was also sold for $28,000 in Jul 24, 2017. 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 $4,478 in taxes each year. The initial year of tax delinquency occurred in 2020. 116 East Ridgewood Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $64,190. If we break it down further, the land itself was valued at $14,350. Improvements to the property, however, were assessed at a total of $49,840. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1952
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Good
  • Building Quality: B
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,402
  • Garage Type: Detached
  • Garage Square Area: 506
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 45,600
  • Lot Size Depth Feet: 5,700
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,804
  • Gross Building Area: 2,804
  • Building Area: 1,402
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,402
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: EAST RIDGEWOOD
  • Land Acres: 1.047
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TR#2 28 EP 196.77FT NWC 0017

Ownership

  • Current Owner : FELTY SABINA
  • Current Owner 2: KOGLER ROBERT
  • Previous Owner : SIGMUND NELLY
  • Previous Owner 2: THE NEUMAN FAMILY HERITAGE TRU
  • Owner Before Previous Owner: MARINCLLI PAULA
  • Owner Before Previous Owner 2: CERNEY BARABRA
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Parma City School District
  • School Tax School District: PARMA CSD
  • Census Tract: 182104

Zoning

  • Zoning: 1F-3

Geography

  • Assessors Map Reference: 551-22
  • Subdivision Tract Number: 2
  • Parcel: 551-22-006
  • Lot: 17
  • Municipality: SEVEN HILLS
  • Latitude: 41.3916
  • Longitude: -81.6843

    Address

  • Full Address: 116 E Ridgewood Dr
  • Address - House Number: 116
  • Street Direction: E
  • Address - Street Name: Ridgewood
  • Address - Suffix Type: Dr
  • State: OH
  • City Name: Seven Hills
  • Carrier Code: C008
  • 4-Digit Zip Code: 2825
  • Zip Code: 44131

Valuation

    Tax

  • Total Area: 1,402
  • Tax Year: 2022
  • Tax Amount: $4,478
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: SEVEN HILL

    Appraisal Valuation

  • Standard Deviation: 0.265
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 62
  • Final Value: 240,046
  • High Value: 303,669
  • Low Value: 176,422

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $196,377
  • First Open Lien Mortgage Lender: LENDUS LLC
  • First Open Lien Mortgage Recording Date: Sep 22, 2021
  • First Open Lien Mortgage Loan Amount: $196,377
  • 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, 2051

    Market Valuation

  • Market Total Value: $183,400
  • Market Land Value: $41,000
  • Market Improvement Value: $142,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $64,190
  • Assessed Land Value: $14,350
  • Assessed Improvements Value: $49,840

    Sales

  • Current Sale Contract Date: Sep 16, 2021
  • Current Sale Recording Date: Sep 22, 2021
  • Current Sale Transaction ID: 11858985233
  • Current Sale Price: $200,000
  • Current Sale Document Type: Fiduciary Deed
  • Current Sale Input Document Number: 202109220713
  • Previous Sale Recording Date: Aug 07, 2017
  • Previous Sale Contract Date: Jul 24, 2017
  • Previous Sale Amount: $28,000
  • Previous Sale Document Type: Executor's Deed

    Last Sale Mortgage

  • First Mortgage Lender: LENDUS LLC
  • First Mortgage Transaction Date: Sep 22, 2021
  • First Mortgage Loan Amount: $196,377
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2051

About Seven Hills



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Frequently Asked Questions

What neighborhood is 116 East Ridgewood Drive located in?
The 116 East Ridgewood Drive is a located in the neighborhood of Seven Hills in Seven Hills, Independence.
What is the average sales price for listings in 116 East Ridgewood Drive?
The average sales price for units in 116 East Ridgewood Drive is $0 currently.

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