1438 Som Center Road

1438 Som Center Road has been categorized by the local assessors in Cleveland, OH as a office type of property. The building on the property was first built in 1974 and is 50 years old. However, we must point out that the home was most recently renovated and altered in 1983. There are 7 partial bathrooms in the home. The building has a total of 3 stories. In addition, 1438 Som Center Road has 11,940 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 full basement that is 3,980 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 29,254 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". Moving on to the building itself. The condition of the building has been evaluated as average. 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 other control joints. The building has a flat style roof made of composition shingle. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a storm sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though you may still need to pay additional fees to have your wastewater disposed in this manner. The property was last sold in May 21, 1992 for $623,500. That's $39.16 per sqft. 1438 Som Center Road was last assessed in 2022. The total value of the property was assessed at $360,920. Specifically, the land the property is located on was valued at $161,245. While improvements on the property were assessed at a total of $199,675. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $32,227. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!