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2481 Professor Avenue

2481 Professor Avenue, Cleveland, OH 44113
Property in Tremont
Sold Jun 29, 2021
$252,500
$202,000 by Crosscountry Mortgage Llc
Mortgage Due Jul 01, 2051
Sold Mar 24, 2009
$39,200
Local assessors in Cleveland, OH have categorized 2481 Professor Avenue as a residential type of property. The home was built in 1900 and is 124 years old. It was most recently renovated and altered in 1962. The property's lot size has been calculated to be 4,059 square feet. The linear feet between the front and back of the lot was measured at 1,230 ft and the front of the lot was measured at 330 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2481 Professor Avenue has a total of 1,470 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a storm sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 540 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on no air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. The property was last sold in Jun 9, 2021 for $252,500. That's $117.22 per sqft. Prior to that sales transaction, the property was also sold in May 11, 2008 for $39,200. 2481 Professor Avenue was last assessed in 2022. The total value of the property was assessed at $69,160. Specifically, the land the property is located on was valued at $26,215. While improvements on the property were assessed at a total of $42,945. 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 $5,332. 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: 1900
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Cape Cod
  • 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: 684
  • Garage Type: Detached
  • Garage Square Area: 540
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 4,059
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 330
  • Total Building Area: 2,154
  • Gross Building Area: 2,154
  • Building Area: 1,470
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,470
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SLADE
  • Land Acres: 0.093
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 87 SLADE 0144 SWP

Ownership

  • Current Owner : SCHOENBERGER GRACE BROOKS
  • Current Owner 2: ENGELHART BRETT
  • Previous Owner : SCS GROUP LLC
  • Owner Before Previous Owner: KOCHERA STEPHANIE S
  • Owner Before Previous Owner 2: TURAKHIA VIKAS

Neighborhood

  • School District Name: Cleveland Municipal School District
  • School Tax School District: CLEVELAND MSD
  • Census Tract: 197800

Zoning

  • Zoning: 2F

Geography

  • Assessors Map Reference: 004-17
  • Parcel: 004-17-109
  • Lot: 144
  • Municipality: CLEVELAND
  • Latitude: 41.4784
  • Longitude: -81.6832

    Address

  • Full Address: 2481 Professor Ave
  • Address - House Number: 2481
  • Address - Street Name: Professor
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C003
  • 4-Digit Zip Code: 4640
  • Zip Code: 44113

Valuation

    Tax

  • Total Area: 1,299
  • Tax Year: 2022
  • Tax Amount: $5,332
  • Tax Rate Code Area: CLEVELAND

    Appraisal Valuation

  • Standard Deviation: 0.2634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 62
  • Final Value: 299,691
  • High Value: 378,631
  • Low Value: 220,751

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $202,000
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 29, 2021
  • First Open Lien Mortgage Loan Amount: $202,000
  • 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, 2051

    Market Valuation

  • Market Total Value: $197,600
  • Market Land Value: $74,900
  • Market Improvement Value: $122,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $69,160
  • Assessed Land Value: $26,215
  • Assessed Improvements Value: $42,945

    Sales

  • Current Sale Contract Date: Jun 09, 2021
  • Current Sale Recording Date: Jun 29, 2021
  • Current Sale Transaction ID: 11846355501
  • Current Sale Price: $252,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202106290370
  • Previous Sale Recording Date: Mar 24, 2009
  • Previous Sale Contract Date: May 11, 2008
  • Previous Sale Amount: $39,200
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 29, 2021
  • First Mortgage Loan Amount: $202,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

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Frequently Asked Questions

What neighborhood is 2481 Professor Avenue located in?
The 2481 Professor Avenue is a located in the neighborhood of Tremont in Tremont, Cleveland.
What is the average sales price for listings in 2481 Professor Avenue?
The average sales price for units in 2481 Professor Avenue is $0 currently.

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