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1208 Commonwealth Avenue

1208 Commonwealth Avenue, Cleveland, OH 44124
Property in Mayfield Heights
Sold Apr 28, 2021
$157,000
$152,290 by Fairway Independent Mortgage C
Mortgage Due May 01, 2051
Sold Feb 14, 1997
$76,000
$70,650 by Republic Sav Bank
Mortgage Due Feb 14, 2027
Local assessors in Cleveland, OH have categorized 1208 Commonwealth Avenue as a residential type of property. The home was built in 1948 and is 76 years old. It was most recently renovated and altered in 1963. The property's lot size has been calculated to be 6,850 square feet. The linear feet between the front and back of the lot was measured at 1,370 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1208 Commonwealth Avenue has a total of 746 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a storm sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on no air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is 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, 1208 Commonwealth Avenue sold most recently in Apr 26, 2021 for a total of $157,000. If you work out the math, that's approximately a cost of $105.23 per sqft. Before that, the property was also sold for $76,000 in Feb 14, 1997. 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 $2,854 in taxes each year. 1208 Commonwealth Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $37,765. If we break it down further, the land itself was valued at $10,745. Improvements to the property, however, were assessed at a total of $27,020. 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.

Building Features

Exterior

Aluminum Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Bungalow
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 746
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,850
  • Lot Size Depth Feet: 1,370
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,492
  • Gross Building Area: 1,492
  • Building Area: 746
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 746
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ORHTS#2
  • Land Acres: 0.157
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 3-24 ORHTS#2 0529 ALL

Ownership

  • Current Owner : SMITH RACHEL FLORIANO
  • Current Owner 2: SMITH MATTHEW WILLIAM
  • Previous Owner : DIFRANCO MARIA DI
  • Previous Owner 2: SACK MARIA D
  • Owner Before Previous Owner: VOBORNIK FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Mayfield City School District
  • School Tax School District: MAYFIELD CSD
  • Census Tract: 172102

Zoning

  • Zoning: U-1(1)

Geography

  • Assessors Map Reference: 861-19
  • Subdivision Tract Number: 2
  • Parcel: 861-19-025
  • Lot: 529
  • Municipality: MAYFIELD HTS.
  • Latitude: 41.5275
  • Longitude: -81.4571

    Address

  • Full Address: 1208 Commonwealth Ave
  • Address - House Number: 1208
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C050
  • 4-Digit Zip Code: 1746
  • Zip Code: 44124

Valuation

    Tax

  • Total Area: 736
  • Tax Year: 2022
  • Tax Amount: $2,854
  • Tax Rate Code Area: MAYFIELD H

    Appraisal Valuation

  • Standard Deviation: 0.2681
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 61
  • Final Value: 166,233
  • High Value: 210,801
  • Low Value: 121,665

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $152,290
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Apr 28, 2021
  • First Open Lien Mortgage Loan Amount: $152,290
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $107,900
  • Market Land Value: $30,700
  • Market Improvement Value: $77,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $37,765
  • Assessed Land Value: $10,745
  • Assessed Improvements Value: $27,020

    Sales

  • Current Sale Contract Date: Apr 26, 2021
  • Current Sale Recording Date: Apr 28, 2021
  • Current Sale Transaction ID: 11837774249
  • Current Sale Price: $157,000
  • Current Sale Document Type: Survivorship Deed
  • Current Sale Input Document Number: 202104280500
  • Previous Sale Recording Date: Feb 14, 1997
  • Previous Sale Contract Date: Feb 14, 1997
  • Previous Sale Amount: $76,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Apr 28, 2021
  • First Mortgage Loan Amount: $152,290
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: REPUBLIC SAV BANK
  • Previous Mortgage Transaction Date: Feb 14, 1997
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $70,650
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 14, 2027

About Mayfield Heights



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Frequently Asked Questions

What neighborhood is 1208 Commonwealth Avenue located in?
The 1208 Commonwealth Avenue is a located in the neighborhood of Mayfield Heights in Mayfield Heights, Cleveland.
What is the average sales price for listings in 1208 Commonwealth Avenue?
The average sales price for units in 1208 Commonwealth Avenue is $0 currently.

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