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1370 Commonwealth Avenue

1370 Commonwealth Avenue, Cleveland, OH 44124
Sold Sep 27, 2019
$155,000
$124,000 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2049
Sold Jul 28, 2016
$138,800
Local assessors in Cleveland, OH have categorized 1370 Commonwealth Avenue as a residential type of property. The home was built in 1943 and is 81 years old. It was most recently renovated and altered in 1962. The property's lot size has been calculated to be 6,150 square feet. The linear feet between the front and back of the lot was measured at 1,230 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 Cape Cod 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, 3 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 are also 2 partial bathrooms. 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 1370 Commonwealth Avenue has a total of 1,237 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 825 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 280 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. 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 brick were used in the construction of the exterior walls of the home. Residents rely on central 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, 1370 Commonwealth Avenue sold most recently in Sep 25, 2019 for a total of $155,000. If you work out the math, that's approximately a cost of $75.17 per sqft. Before that, the property was also sold for $138,800 in Jul 13, 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 $4,144 in taxes each year. 1370 Commonwealth Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $56,875. If we break it down further, the land itself was valued at $10,150. Improvements to the property, however, were assessed at a total of $46,725. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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
Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Cape Cod
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 825
  • Garage Type: Detached
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,150
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,062
  • Gross Building Area: 2,062
  • Building Area: 1,237
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,237
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ORCHTS#2
  • Land Acres: 0.141
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 3-24 ORCHTS#2 0559 ALL

Ownership

  • Current Owner : HAMPTON CHRISTOPHER J
  • Current Owner 2: HAMPTON ALEXANDRIA J
  • Previous Owner : BUTALA CONCETTA L
  • Owner Before Previous Owner: BORRELL ANDREW J
  • Owner Before Previous Owner 2: BORRELL NATALIE
  • Is Owner Occupied: Owner-occupied property

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: 861-18
  • Subdivision Tract Number: 3
  • Parcel: 861-18-068
  • Lot: 559
  • Municipality: MAYFIELD HTS.
  • Latitude: 41.5231
  • Longitude: -81.4571

    Address

  • Full Address: 1370 Commonwealth Ave
  • Address - House Number: 1370
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C066
  • 4-Digit Zip Code: 1748
  • Zip Code: 44124

Valuation

    Tax

  • Total Area: 1,238
  • Tax Year: 2022
  • Tax Amount: $4,144
  • Tax Rate Code Area: MAYFIELD H

    Appraisal Valuation

  • Standard Deviation: 0.2427
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 65
  • Final Value: 228,233
  • High Value: 283,633
  • Low Value: 172,833

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $124,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Sep 27, 2019
  • First Open Lien Mortgage Loan Amount: $124,000
  • 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: Oct 01, 2049

    Market Valuation

  • Market Total Value: $162,500
  • Market Land Value: $29,000
  • Market Improvement Value: $133,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $56,875
  • Assessed Land Value: $10,150
  • Assessed Improvements Value: $46,725

    Sales

  • Current Sale Contract Date: Sep 25, 2019
  • Current Sale Recording Date: Sep 27, 2019
  • Current Sale Transaction ID: 11662057238
  • Current Sale Price: $155,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201909270793
  • Previous Sale Recording Date: Jul 28, 2016
  • Previous Sale Contract Date: Jul 13, 2016
  • Previous Sale Amount: $138,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 27, 2019
  • First Mortgage Loan Amount: $124,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

About Mayfield Heights



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1370 Commonwealth Avenue located in?
The 1370 Commonwealth Avenue is a house located in the neighborhood of Mayfield Heights in Mayfield Heights, Cleveland.
What is the average sales price for listings in 1370 Commonwealth Avenue?
The average sales price for units in 1370 Commonwealth Avenue is $159,900 , or $129/sqft. currently.

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