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24507 East Oakland Road

24507 East Oakland Road, Bay Village, OH 44140
Property in Bay Village
Sold Jun 27, 2022
$280,000
$200,000 by Jpmorgan Chase Bank Na
Mortgage Due Jul 01, 2052
Sold Jun 29, 2017
$135,000
$121,500 by Howard Hanna Mortgage Services
Mortgage Due Jul 01, 2047
24507 East Oakland Road has been categorized by the local assessors in Bay Village, OH as a residential type of property. The building on the property was first built in 1945 and is 79 years old. However, we must point out that the home was most recently renovated and altered in 1962. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 24507 East Oakland Road has 1,165 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 3,390 ft and across the front of the lot is 880 ft. The area measurement of the land has been determined as 21,032 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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 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 average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C 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 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. 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, 24507 East Oakland Road sold most recently in Jun 23, 2022 for a total of $280,000. If you work out the math, that's approximately a cost of $102.56 per sqft. Before that, the property was also sold for $135,000 in Jun 26, 2017. 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 $5,047 in taxes each year. 24507 East Oakland Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $63,385. If we break it down further, the land itself was valued at $25,235. Improvements to the property, however, were assessed at a total of $38,150. 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. 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!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: 1945
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,165
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 21,032
  • Lot Size Depth Feet: 3,390
  • Lot Size Frontage Feet: 880
  • Total Building Area: 2,730
  • Gross Building Area: 2,730
  • Building Area: 1,165
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,165
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DOVER BAY
  • Land Acres: 0.483
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 88 WAGAR 0053 NP

Ownership

  • Current Owner : LI KATHERINE
  • Previous Owner : ALEXANDER MICHELE A
  • Owner Before Previous Owner: PENCE EARL Z

Neighborhood

  • School District Name: Bay Village City School District
  • Census Tract: 130106

Zoning

  • Zoning: 1F-5

Geography

  • Assessors Map Reference: 204-15
  • Parcel: 204-15-022
  • Lot: 53
  • Municipality: BAY VILLAGE
  • Latitude: 41.4783
  • Longitude: -81.8915

    Address

  • Full Address: 24507 E Oakland Rd
  • Address - House Number: 24507
  • Street Direction: E
  • Address - Street Name: Oakland
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: Bay Village
  • Carrier Code: C007
  • 4-Digit Zip Code: 2871
  • Zip Code: 44140

Valuation

    Tax

  • Total Area: 1,165
  • Tax Year: 2022
  • Tax Amount: $5,047
  • Tax Rate Code Area: BAY VILLAG

    Appraisal Valuation

  • Standard Deviation: 0.2627
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 62
  • Final Value: 281,336
  • High Value: 355,253
  • Low Value: 207,418

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jun 27, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $200,000
  • 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: Jul 01, 2052

    Market Valuation

  • Market Total Value: $181,100
  • Market Land Value: $72,100
  • Market Improvement Value: $109,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $63,385
  • Assessed Land Value: $25,235
  • Assessed Improvements Value: $38,150

    Sales

  • Current Sale Contract Date: Jun 23, 2022
  • Current Sale Recording Date: Jun 27, 2022
  • Current Sale Transaction ID: 11891754519
  • Current Sale Price: $280,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 372
  • Previous Sale Recording Date: Jun 29, 2017
  • Previous Sale Contract Date: Jun 26, 2017
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jun 27, 2022
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: HOWARD HANNA MORTGAGE SERVICES
  • Previous Mortgage Transaction Date: Jun 29, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $121,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jul 01, 2047

About Bay Village



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Frequently Asked Questions

What neighborhood is 24507 East Oakland Road located in?
The 24507 East Oakland Road is a located in the neighborhood of Bay Village in Bay Village, Bay Village.
What is the average sales price for listings in 24507 East Oakland Road?
The average sales price for units in 24507 East Oakland Road is $0 currently.

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