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1518 Compton Road

1518 Compton Road, Cleveland, OH 44118
Sold Dec 08, 2017
$143,000
$147,719 by Ifreedom Direct Corp
Mortgage Due Jan 01, 2048
Sold Jun 08, 1990
$97,000
1518 Compton Road has been categorized by the local assessors in Cleveland, OH as a residential type of property. The building on the property was first built in 1922 and is 102 years old. However, we must point out that the home was most recently renovated and altered in 1972. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1518 Compton Road has 1,940 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,600 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 8,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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 detached garage for those who require parking. The garage measured 400 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. 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. 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, 1518 Compton Road sold most recently in Dec 6, 2017 for a total of $143,000. If you work out the math, that's approximately a cost of $47.95 per sqft. Before that, the property was also sold for $97,000 in Jun 8, 1990. 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 $5,566 in taxes each year. 1518 Compton Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $48,790. If we break it down further, the land itself was valued at $9,940. Improvements to the property, however, were assessed at a total of $38,850. 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. 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. 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: 1922
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Good
  • Building Quality: B
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,042
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,000
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,982
  • Gross Building Area: 3,030
  • Building Area: 1,940
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,940
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: COMPTON HTS
  • Land Acres: 0.184
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 14 COMPTON HTS 0033 SP

Ownership

  • Current Owner : HAWKINS HOWARD L
  • Previous Owner : SCHULTZ PAUL HENRY
  • Previous Owner 2: SCHULTZ TAMARA L
  • Owner Before Previous Owner: HOLSENDOLPH ERNEST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cleveland Heights-University Heights City School District
  • School Tax School District: CLEVELAND HTS
  • Census Tract: 140701

Zoning

  • Zoning: A

Geography

  • Assessors Map Reference: 684-36
  • Parcel: 684-36-015
  • Lot: 33
  • Municipality: CLEVELAND HTS.
  • Latitude: 41.5183
  • Longitude: -81.5596

    Address

  • Full Address: 1518 Compton Rd
  • Address - House Number: 1518
  • Address - Street Name: Compton
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C020
  • 4-Digit Zip Code: 1304
  • Zip Code: 44118

Valuation

    Tax

  • Total Area: 1,940
  • Tax Year: 2022
  • Tax Amount: $5,566
  • Tax Rate Code Area: CLEVELAND

    Appraisal Valuation

  • Standard Deviation: 0.2674
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 61
  • Final Value: 207,972
  • High Value: 263,603
  • Low Value: 152,341

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $147,719
  • First Open Lien Mortgage Lender: IFREEDOM DIRECT CORP
  • First Open Lien Mortgage Recording Date: Dec 08, 2017
  • First Open Lien Mortgage Loan Amount: $147,719
  • 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: Jan 01, 2048

    Market Valuation

  • Market Total Value: $139,400
  • Market Land Value: $28,400
  • Market Improvement Value: $111,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,790
  • Assessed Land Value: $9,940
  • Assessed Improvements Value: $38,850

    Sales

  • Current Sale Contract Date: Dec 06, 2017
  • Current Sale Recording Date: Dec 08, 2017
  • Current Sale Transaction ID: 11360964557
  • Current Sale Price: $143,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201712080576
  • Previous Sale Recording Date: Jun 08, 1990
  • Previous Sale Contract Date: Jun 08, 1990
  • Previous Sale Amount: $97,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: IFREEDOM DIRECT CORP
  • First Mortgage Transaction Date: Dec 08, 2017
  • First Mortgage Loan Amount: $147,719
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2048

About Cleveland Heights



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Frequently Asked Questions

What neighborhood is 1518 Compton Road located in?
The 1518 Compton Road is a located in the neighborhood of Cleveland Heights in Cleveland Heights, Cleveland.
What is the average sales price for listings in 1518 Compton Road?
The average sales price for units in 1518 Compton Road is $0 currently.

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