1313 West 112th Street

1313 West 112th Street in Cleveland, OH was first built in 1925 and is 99 years old. Although, the building on the property was most recently renovated and altered in 1970. This has been categorized as a residential property type. There are a total of 3 floors. In terms of bathrooms, there are a total of 11 full bathrooms. There are 11 partial bathrooms. 1313 West 112th Street has 9,909 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 basement is 495 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 6,950 square feet.

Learn more about the property and building on this page. The home has a flat style roof made of composition shingle. 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 garage. The garage is 300 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk inside and you'll find flooring throughout the home. 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 steam heating system 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, 1313 West 112th Street sold most recently in Mar 22, 2022 for a total of $1,000,000. If you work out the math, that's approximately a cost of $96.12 per sqft. Before that, the property was also sold for $653,500 in Jun 29, 2016. 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 $13,748 in taxes each year. The initial year of tax delinquency occurred in 2022. 1313 West 112th Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $137,830. If we break it down further, the land itself was valued at $8,575. Improvements to the property, however, were assessed at a total of $129,255. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.