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2315 Hood Avenue

2315 Hood Avenue, Cleveland, OH 44109
Multifamily in Old Brooklyn
Sold Feb 06, 2023
$160,000
$120,000 by First Ohio Home Finance Inc
Mortgage Due Jan 01, 2053
Sold Nov 18, 2020
$118,000
$88,500 by Crosscountry Mortgage Llc
Mortgage Due Dec 01, 2050
2315 Hood Avenue in Cleveland, OH was first built in 1910 and is 114 years old. Although, the building on the property was most recently renovated and altered in 1962. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 3 floors. There are a total of 10 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2315 Hood Avenue has 2,052 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 linear feet across the front of the lot is 400 ft and the linear feet between the front and back of the lot is 1,100. In total, the area measurement of the land is 4,400 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of asphalt. 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 detached garage. The garage is 528 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. 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 forced air unit and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2315 Hood Avenue was last sold in Dec 21, 2022 for $160,000. According to our calculations, that's $57.47 per sqft. Prior to that sales transaction, the property was sold for $118,000 in Oct 28, 2020. Current property owners are expected to pay $3,145 in taxes per year. The property on 2315 Hood Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $41,300. To break that down further, the land itself was valued at $5,565. While improvements to the property were assessed at a total of $35,735. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 732
  • Garage Type: Detached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,400
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,784
  • Gross Building Area: 2,924
  • Building Area: 2,052
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,052
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BROADVIEW
  • Land Acres: 0.101
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: 63 POLCAR 0014 ALL

Ownership

  • Current Owner : SMITH JUSTIN FARRAR
  • Previous Owner : ABUKHATER FADI
  • Owner Before Previous Owner: BHALLA GAURAV
  • Owner Before Previous Owner 2: BHALLA AARTI

Neighborhood

  • School District Name: Cleveland Municipal School District
  • School Tax School District: CLEVELAND MSD
  • Census Tract: 106800

Zoning

  • Zoning: 2F

Geography

  • Assessors Map Reference: 011-05
  • Parcel: 011-05-076
  • Lot: 14
  • Municipality: CLEVELAND
  • Latitude: 41.4339
  • Longitude: -81.6993

    Address

  • Full Address: 2315 Hood Ave
  • Address - House Number: 2315
  • Address - Street Name: Hood
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C041
  • 4-Digit Zip Code: 4314
  • Zip Code: 44109

Valuation

    Tax

  • Total Area: 2,052
  • Tax Year: 2022
  • Tax Amount: $3,145
  • Tax Rate Code Area: CLEVELAND

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 9
  • Final Value: 89,276
  • High Value: 129,879
  • Low Value: 48,672

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,000
  • First Open Lien Mortgage Lender: FIRST OHIO HOME FINANCE INC
  • First Open Lien Mortgage Recording Date: Feb 06, 2023
  • First Open Lien Mortgage Loan Amount: $120,000
  • 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: Jan 01, 2053

    Market Valuation

  • Market Total Value: $118,000
  • Market Land Value: $15,900
  • Market Improvement Value: $102,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $41,300
  • Assessed Land Value: $5,565
  • Assessed Improvements Value: $35,735

    Sales

  • Current Sale Contract Date: Dec 21, 2022
  • Current Sale Recording Date: Feb 06, 2023
  • Current Sale Transaction ID: 11901895424
  • Current Sale Price: $160,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 354
  • Previous Sale Recording Date: Nov 18, 2020
  • Previous Sale Contract Date: Oct 28, 2020
  • Previous Sale Amount: $118,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST OHIO HOME FINANCE INC
  • First Mortgage Transaction Date: Feb 06, 2023
  • First Mortgage Loan Amount: $120,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • Previous Mortgage Transaction Date: Nov 18, 2020
  • Previous Mortgage Loan Amount: $88,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2050

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Frequently Asked Questions

What neighborhood is 2315 Hood Avenue located in?
The 2315 Hood Avenue is a multifamily located in the neighborhood of Old Brooklyn in Old Brooklyn, Cleveland.
What is the average sales price for listings in 2315 Hood Avenue?
The average sales price for units in 2315 Hood Avenue is $0 currently.

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