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2493 Cedarwood Road

2493 Cedarwood Road, Cleveland, OH 44124
Property in Pepper Pike
Sold Dec 26, 2002
$546,500
$582,000 by First National Bank Of Pennsyl
Mortgage Due Jul 25, 2047
Sold Jul 31, 1985
$85,000
2493 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 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2493 Cedarwood Road has 3,372 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 3,030 ft and across the front of the lot is 1,030 ft. The area measurement of the land has been determined as 40,113 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 704 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 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. 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, 2493 Cedarwood Road was last sold in Dec 9, 2002 for $546,500. According to our calculations, that's $89.15 per sqft. Prior to that sales transaction, the property was sold for $85,000 in Jul 31, 1985. Current property owners are expected to pay $13,214 in taxes per year. The property on 2493 Cedarwood Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $193,795. To break that down further, the land itself was valued at $49,945. While improvements to the property were assessed at a total of $143,850. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

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: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 16
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Other
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 2,054
  • Garage Type: Attached
  • Garage Square Area: 704
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 40,113
  • Lot Size Depth Feet: 3,030
  • Lot Size Frontage Feet: 1,030
  • Total Building Area: 6,130
  • Gross Building Area: 6,130
  • Building Area: 3,372
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,372
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PEPPER HILLS EST#70042
  • Land Acres: 0.921
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 14 PEPPER HILLS EST#70042

Ownership

  • Current Owner : SILVERMAN MARK S
  • Current Owner 2: GELB SILVERMAN ELLEN L
  • Previous Owner : SCHAEFER SUZANNE
  • Previous Owner 2: SCHAEFER MARVIN J
  • 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: 871-16
  • Parcel: 871-16-032
  • Lot: 42
  • Municipality: PEPPER PIKE
  • Latitude: 41.4956
  • Longitude: -81.4417

    Address

  • Full Address: 2493 Cedarwood Rd
  • Address - House Number: 2493
  • Address - Street Name: Cedarwood
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C015
  • 4-Digit Zip Code: 4245
  • Zip Code: 44124

Valuation

    Tax

  • Total Area: 3,292
  • Tax Year: 2022
  • Tax Amount: $13,214
  • Tax Rate Code Area: PEPPER PIK

    Appraisal Valuation

  • Standard Deviation: 0.2468
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 65
  • Final Value: 744,193
  • High Value: 927,893
  • Low Value: 560,493

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $582,000
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK OF PENNSYL
  • First Open Lien Mortgage Recording Date: Aug 10, 2022
  • First Open Lien Mortgage Loan Amount: $582,000
  • First Open Lien Mortgage Term: 298
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 25, 2047

    Market Valuation

  • Market Total Value: $553,700
  • Market Land Value: $142,700
  • Market Improvement Value: $411,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $193,795
  • Assessed Land Value: $49,945
  • Assessed Improvements Value: $143,850

    Sales

  • Current Sale Contract Date: Dec 09, 2002
  • Current Sale Recording Date: Dec 26, 2002
  • Current Sale Transaction ID: 1136004576
  • Current Sale Price: $546,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200212260308
  • Previous Sale Recording Date: Jul 31, 1985
  • Previous Sale Contract Date: Jul 31, 1985
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: THIRD FSLA OF CLEVELAND
  • First Mortgage Transaction Date: Dec 26, 2002
  • First Mortgage Loan Amount: $437,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jan 01, 2033

About Pepper Pike



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Frequently Asked Questions

What neighborhood is 2493 Cedarwood Road located in?
The 2493 Cedarwood Road is a located in the neighborhood of Pepper Pike in Pepper Pike, Cleveland.
What is the average sales price for listings in 2493 Cedarwood Road?
The average sales price for units in 2493 Cedarwood Road is $0 currently.

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