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2602 Vega Avenue

2602 Vega Avenue, Cleveland, OH 44113
Property in Ohio City
Sold Sep 10, 2021
$185,000
$138,750 by First Fsla Of Lakewood
Mortgage Due Oct 01, 2051
Sold Mar 26, 2018
$46,500
2602 Vega Avenue in Cleveland, OH was first built in 1905 and is 119 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 2 floors. There are a total of 12 rooms in the home, of which, 8 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2602 Vega Avenue has 2,035 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 330 ft and the linear feet between the front and back of the lot is 990. In total, the area measurement of the land is 3,267 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 no garage. The garage is 440 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 2602 Vega Avenue sold most recently in Sep 7, 2021 for a total of $185,000. If you work out the math, that's approximately a cost of $72.81 per sqft. Before that, the property was also sold for $46,500 in Mar 26, 2018. 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 $3,869 in taxes each year. 2602 Vega Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $50,820. If we break it down further, the land itself was valued at $7,875. Improvements to the property, however, were assessed at a total of $42,945. 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. 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. 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: 1905
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 8
  • 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: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 506
  • Garage Type: None
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,267
  • Lot Size Depth Feet: 990
  • Lot Size Frontage Feet: 330
  • Total Building Area: 2,541
  • Gross Building Area: 2,541
  • Building Area: 2,035
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,035
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HIRAM STONES ADD
  • Land Acres: 0.075
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: 68 STONE 0056 SEP

Ownership

  • Current Owner : DUMAS BRADLEY
  • Current Owner 2: DEBLASE JOSEPH
  • Previous Owner : RIDGELY TIMOTHY
  • Owner Before Previous Owner: ELA CLEVELAND LC
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Cleveland Municipal School District
  • School Tax School District: CLEVELAND MSD
  • Census Tract: 197700

Zoning

  • Zoning: 2F

Geography

  • Assessors Map Reference: 007-25
  • Parcel: 007-25-081
  • Lot: 56
  • Municipality: CLEVELAND
  • Latitude: 41.4747
  • Longitude: -81.7

    Address

  • Full Address: 2602 Vega Ave
  • Address - House Number: 2602
  • Address - Street Name: Vega
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C007
  • 4-Digit Zip Code: 5043
  • Zip Code: 44113

Valuation

    Tax

  • Total Area: 2,035
  • Tax Year: 2022
  • Tax Amount: $3,869
  • Tax Rate Code Area: CLEVELAND

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 9
  • Final Value: 58,252
  • High Value: 84,745
  • Low Value: 31,758

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $138,750
  • First Open Lien Mortgage Lender: FIRST FSLA OF LAKEWOOD
  • First Open Lien Mortgage Recording Date: Sep 10, 2021
  • First Open Lien Mortgage Loan Amount: $138,750
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $145,200
  • Market Land Value: $22,500
  • Market Improvement Value: $122,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $50,820
  • Assessed Land Value: $7,875
  • Assessed Improvements Value: $42,945

    Sales

  • Current Sale Contract Date: Sep 07, 2021
  • Current Sale Recording Date: Sep 10, 2021
  • Current Sale Transaction ID: 11869187262
  • Current Sale Price: $185,000
  • Current Sale Document Type: Survivorship Deed
  • Current Sale Input Document Number: 202109100547
  • Previous Sale Recording Date: Mar 26, 2018
  • Previous Sale Contract Date: Mar 26, 2018
  • Previous Sale Amount: $46,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FSLA OF LAKEWOOD
  • First Mortgage Transaction Date: Sep 10, 2021
  • First Mortgage Loan Amount: $138,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

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Frequently Asked Questions

What neighborhood is 2602 Vega Avenue located in?
The 2602 Vega Avenue is a located in the neighborhood of Ohio City in Ohio City, Cleveland.
What is the average sales price for listings in 2602 Vega Avenue?
The average sales price for units in 2602 Vega Avenue is $0 currently.

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