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1406 West 75th Street

1406 West 75th Street, Cleveland, OH 44102
Sold Oct 04, 2019
$500,000
$560,000 by Corevest American Fin Lndr Llc
Mortgage
Sold Dec 05, 2011
$52,000
1406 West 75th Street in Cleveland, OH was first built in 1900 and is 124 years old. Although, the building on the property was most recently renovated and altered in 2003. This has been categorized as a residential property type. There are a total of 4 floors. There are 14 partial bathrooms. 1406 West 75th Street has 7,000 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 1,750 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 510 ft and the linear feet between the front and back of the lot is 820. In total, the area measurement of the land is 2,831 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. 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 unknown. 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 central air conditioning. As for heating, the home is utilizing a forced air unit 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, 1406 West 75th Street sold most recently in Oct 3, 2019 for a total of $500,000. If you work out the math, that's approximately a cost of $57.14 per sqft. Before that, the property was also sold for $52,000 in Nov 30, 2011. 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 $4,588 in taxes each year. The initial year of tax delinquency occurred in 2021. 1406 West 75th Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $175,000. If we break it down further, the land itself was valued at $3,465. Improvements to the property, however, were assessed at a total of $171,535. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 14
  • Partial Bathrooms: 14
  • Bathroom Plumbing Fixtures: 40
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Roof Shape Type: Flat
  • Roof Cover Type: Composition shingle
  • Floor Count: 4
  • Living Units: 8
  • Floor Cover: Wood
  • Basement Type: Full basement
  • Basement Area: 1,750
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,831
  • Lot Size Depth Feet: 820
  • Lot Size Frontage Feet: 510
  • Total Building Area: 8,750
  • Gross Building Area: 8,750
  • Building Area: 7,000
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 7,000
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: W A POYERS
  • Land Acres: 0.065
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Stadiums
  • State Land Use Code: Stadiums
  • Legal Description 1: 29 0031

Ownership

  • Current Owner : 75 WILLIAM LLC
  • Previous Owner : 1406 WEST 75TH ST PROPERTIES LLC
  • Owner Before Previous Owner: PONIKVAR JOSEPH
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Cleveland Municipal School District
  • School Tax School District: CLEVELAND MSD
  • Census Tract: 101800

Zoning

  • Zoning: LR

Geography

  • Assessors Map Reference: 002-19
  • Parcel: 002-19-001
  • Lot: 31
  • Municipality: CLEVELAND
  • Latitude: 41.482
  • Longitude: -81.7369

    Address

  • Full Address: 1406 W 75th St
  • Address - House Number: 1406
  • Street Direction: W
  • Address - Street Name: 75th
  • Address - Suffix Type: St
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C004
  • 4-Digit Zip Code: 2960
  • Zip Code: 44102

Valuation

    Tax

  • Total Area: 7,000
  • Tax Year: 2022
  • Tax Amount: $4,588
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: CLEVELAND

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $560,000
  • First Open Lien Mortgage Lender: COREVEST AMERICAN FIN LNDR LLC
  • First Open Lien Mortgage Recording Date: May 26, 2023
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $560,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $500,000
  • Market Land Value: $9,900
  • Market Improvement Value: $490,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $175,000
  • Assessed Land Value: $3,465
  • Assessed Improvements Value: $171,535

    Sales

  • Current Sale Contract Date: Oct 03, 2019
  • Current Sale Recording Date: Oct 04, 2019
  • Current Sale Transaction ID: 11662018221
  • Current Sale Price: $500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201910040594
  • Previous Sale Recording Date: Dec 05, 2011
  • Previous Sale Contract Date: Nov 30, 2011
  • Previous Sale Amount: $52,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Oct 04, 2019
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

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1403 E Superior Avenue, Cleveland, OH, 44113 Listing by James Robinson

Frequently Asked Questions

What neighborhood is 1406 West 75th Street located in?
The 1406 West 75th Street is a located in the neighborhood of Detroit - Shoreway in Detroit - Shoreway, Cleveland.
What is the average sales price for listings in 1406 West 75th Street?
The average sales price for units in 1406 West 75th Street is $0 currently.

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