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12823 Cherry Lane

12823 Cherry Lane, Chesterland, OH 44026
Property in Chester
Sold Feb 01, 1990
$91,500
Buyer
$163,800 by First National Bank Of Pennsyl
Mortgage Due Sep 16, 2047
12823 Cherry Lane has been categorized by the local assessors in Chesterland, OH as a residential type of property. The building on the property was first built in 1957 and is 67 years old. However, we must point out that the home was most recently renovated and altered in 2002. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 12823 Cherry Lane has 1,545 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 960 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 area measurement of the land has been determined as 79,715 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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 attached garage for those who require parking. The garage measured 528 sqft. According to our sources, there are a total of 2 available parking spaces. 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 C+ by the local assessor. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 12823 Cherry Lane was last sold in Feb 1, 1990 for $91,500. According to our calculations, that's $59.22 per sqft. Current property owners are expected to pay $3,878 in taxes per year. The property on 12823 Cherry Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $63,250. To break that down further, the land itself was valued at $18,730. While improvements to the property were assessed at a total of $44,520. 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: 1957
  • Effective Year Built: 2002
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 960
  • Garage Type: Attached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 79,715
  • Total Building Area: 1,545
  • Building Area: 1,545
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,545
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: CHESTER EST
  • Land Acres: 1.83
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: S/L 68 CHESTER ESTATES SUB #1

Ownership

  • Current Owner : MIKES GARY E
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: West Geauga Local School District
  • School Tax School District: 2807
  • Census Tract: 310600

Zoning

  • Zoning: R

Geography

  • Parcel: 11-261700
  • Municipality: CHESTER TWP
  • Latitude: 41.5199
  • Longitude: -81.3589

    Address

  • Full Address: 12823 Cherry Ln
  • Address - House Number: 12823
  • Address - Street Name: Cherry
  • Address - Suffix Type: Ln
  • State: OH
  • City Name: Chesterland
  • Carrier Code: C004
  • 4-Digit Zip Code: 3020
  • Zip Code: 44026

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,878
  • Tax Rate Code Area: DIST #11

    Appraisal Valuation

  • Standard Deviation: 0.1966
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 73
  • Final Value: 284,508
  • High Value: 340,463
  • Low Value: 228,553

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $163,800
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK OF PENNSYL
  • First Open Lien Mortgage Recording Date: Sep 23, 2022
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $163,800
  • First Open Lien Mortgage Term: 299
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 16, 2047

    Market Valuation

  • Market Total Value: $180,700
  • Market Land Value: $53,500
  • Market Improvement Value: $127,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $63,250
  • Assessed Land Value: $18,730
  • Assessed Improvements Value: $44,520

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 01, 1990
  • Current Sale Recording Date: Feb 01, 1990
  • Current Sale Transaction ID: 1660265039
  • Current Sale Price: $91,500
  • Current Sale Document Type: Deed

About Chesterland



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Frequently Asked Questions

What neighborhood is 12823 Cherry Lane located in?
The 12823 Cherry Lane is a located in the neighborhood of Chester in Chesterland, Chesterland.
What is the average sales price for listings in 12823 Cherry Lane?
The average sales price for units in 12823 Cherry Lane is $0 currently.

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