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2437 Cedarwood Road

2437 Cedarwood Road, Cleveland, OH 44124
Property in Pepper Pike
Sold Jun 07, 2012
$562,500
$64,500 by Key Bank Na
Mortgage Due Oct 11, 2044
Sold Jul 22, 1988
$430,000
2437 Cedarwood 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 1986 and is 38 years old. However, we must point out that the home was most recently renovated and altered in 2002. The home has a total of 9 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2437 Cedarwood Road has 5,101 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 partial basement that is 3,387 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 linear feet between the front and back of the lot is 5,130 ft and across the front of the lot is 1,340 ft. The area measurement of the land has been determined as 68,229 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 attached garage for those who require parking. The garage measured 744 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as unknown. 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 frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of materials we are unsure of. 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. 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. The property was last sold in Jun 6, 2012 for $562,500. That's $60.93 per sqft. Prior to that sales transaction, the property was also sold in Jul 22, 1988 for $430,000. 2437 Cedarwood Road was last assessed in 2022. The total value of the property was assessed at $214,200. Specifically, the land the property is located on was valued at $63,665. While improvements on the property were assessed at a total of $150,535. 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 $14,324. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 22
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 3,387
  • Garage Type: Attached
  • Garage Square Area: 744
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 68,229
  • Lot Size Depth Feet: 5,130
  • Lot Size Frontage Feet: 1,340
  • Total Building Area: 9,232
  • Gross Building Area: 9,232
  • Building Area: 5,101
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 5,101
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PEPPER HILLS EST#7
  • Land Acres: 1.566
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 5 PEPPER HILLS EST#7 0053

Ownership

  • Current Owner : CHAHAL RAJBIR S
  • Current Owner 2: CHAHAL PRABHLEEN
  • Previous Owner : REDDY MADHU B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orange City School District
  • School Tax School District: ORANGE CSD
  • Census Tract: 179102

Zoning

  • Zoning: U-1

Geography

  • Assessors Map Reference: 871-15
  • Parcel: 871-15-021
  • Lot: 53
  • Municipality: PEPPER PIKE
  • Latitude: 41.4989
  • Longitude: -81.4414

    Address

  • Full Address: 2437 Cedarwood Rd
  • Address - House Number: 2437
  • Address - Street Name: Cedarwood
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C015
  • 4-Digit Zip Code: 4240
  • Zip Code: 44124

Valuation

    Tax

  • Total Area: 5,105
  • Tax Year: 2022
  • Tax Amount: $14,324
  • Tax Rate Code Area: PEPPER PIK

    Appraisal Valuation

  • Standard Deviation: 0.2177
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 70
  • Final Value: 933,910
  • High Value: 1,137,233
  • Low Value: 730,587

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $64,500
  • First Open Lien Mortgage Lender: KEY BANK NA
  • First Open Lien Mortgage Recording Date: Oct 31, 2014
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $64,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Oct 11, 2044

    Market Valuation

  • Market Total Value: $612,000
  • Market Land Value: $181,900
  • Market Improvement Value: $430,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $214,200
  • Assessed Land Value: $63,665
  • Assessed Improvements Value: $150,535

    Sales

  • Current Sale Contract Date: Jun 06, 2012
  • Current Sale Recording Date: Jun 07, 2012
  • Current Sale Transaction ID: 1135994436
  • Current Sale Price: $562,500
  • Current Sale Document Type: Fiduciary Deed
  • Current Sale Input Document Number: 201206070538
  • Previous Sale Recording Date: Jul 22, 1988
  • Previous Sale Contract Date: Jul 22, 1988
  • Previous Sale Amount: $430,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: KEY BANK NA
  • First Mortgage Transaction Date: Jun 07, 2012
  • First Mortgage Loan Amount: $478,125
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2027

About Pepper Pike



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Frequently Asked Questions

What neighborhood is 2437 Cedarwood Road located in?
The 2437 Cedarwood Road is a located in the neighborhood of Pepper Pike in Pepper Pike, Cleveland.
What is the average sales price for listings in 2437 Cedarwood Road?
The average sales price for units in 2437 Cedarwood Road is $0 currently.

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