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2614 Fairwood Drive

2614 Fairwood Drive, Cleveland, OH 44124
Property in Pepper Pike
Sold Mar 15, 2018
$527,500
$474,750 by Fifth Third Mortgage Co
Mortgage Due Apr 01, 2048
Sold Dec 19, 1997
$500,000
$400,000 by Republic Sav Bank
Mortgage Due Dec 19, 2027
Local assessors in Cleveland, OH have categorized 2614 Fairwood Drive as a residential type of property. The home was built in 1983 and is 41 years old. It was most recently renovated and altered in 1997. The property's lot size has been calculated to be 46,173 square feet. The linear feet between the front and back of the lot was measured at 2,340 ft and the front of the lot was measured at 1,980 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 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 are 3 full bathrooms. There are also 4 partial bathrooms. 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 2614 Fairwood Drive has a total of 4,234 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. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 816 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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 - A. The building has a gable style roof that was made of wood shake/ shingles. Lots of materials we are unsure of were used in the construction of the exterior walls of the home. Residents rely on central 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2614 Fairwood Drive was last sold in Mar 12, 2018 for $527,500. According to our calculations, that's $78.21 per sqft. Prior to that sales transaction, the property was sold for $500,000 in Dec 19, 1997. Current property owners are expected to pay $13,414 in taxes per year. The property on 2614 Fairwood Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $176,820. To break that down further, the land itself was valued at $56,910. While improvements to the property were assessed at a total of $119,910. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1983
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 18
  • Building Condition: Good
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,695
  • Garage Type: Attached
  • Garage Square Area: 816
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 46,173
  • Lot Size Depth Feet: 2,340
  • Lot Size Frontage Feet: 1,980
  • Total Building Area: 6,745
  • Gross Building Area: 6,745
  • Building Area: 4,234
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,234
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FAIRWOOD
  • Land Acres: 1.06
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 11 FAIRWOOD DR 0008 ALL

Ownership

  • Current Owner : SIVALINGAM SRIHARAN
  • Current Owner 2: SEHGAL PRIYANKA
  • Previous Owner : LOMAZ RICHARD D
  • Previous Owner 2: LOMAZ SUSAN K
  • Owner Before Previous Owner: JARRETT MARTHA M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Orange City School District
  • School Tax School District: ORANGE CSD
  • Census Tract: 179101

Zoning

  • Zoning: U-1

Geography

  • Assessors Map Reference: 871-06
  • Subdivision Tract Number: 1
  • Parcel: 871-06-047
  • Lot: 8
  • Municipality: PEPPER PIKE
  • Latitude: 41.4948
  • Longitude: -81.4751

    Address

  • Full Address: 2614 Fairwood Dr
  • Address - House Number: 2614
  • Address - Street Name: Fairwood
  • Address - Suffix Type: Dr
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C039
  • 4-Digit Zip Code: 4543
  • Zip Code: 44124

Valuation

    Tax

  • Total Area: 4,234
  • Tax Year: 2022
  • Tax Amount: $13,414
  • Tax Rate Code Area: PEPPER PIK

    Appraisal Valuation

  • Standard Deviation: 0.2468
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 65
  • Final Value: 713,764
  • High Value: 889,952
  • Low Value: 537,575

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $474,750
  • First Open Lien Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Mar 15, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $474,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2048

    Market Valuation

  • Market Total Value: $505,200
  • Market Land Value: $162,600
  • Market Improvement Value: $342,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $176,820
  • Assessed Land Value: $56,910
  • Assessed Improvements Value: $119,910

    Sales

  • Current Sale Contract Date: Mar 12, 2018
  • Current Sale Recording Date: Mar 15, 2018
  • Current Sale Transaction ID: 11454073107
  • Current Sale Price: $527,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201803150733
  • Previous Sale Recording Date: Dec 19, 1997
  • Previous Sale Contract Date: Dec 19, 1997
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • First Mortgage Transaction Date: Mar 15, 2018
  • First Mortgage Loan Amount: $474,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Apr 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: REPUBLIC SAV BANK
  • Previous Mortgage Transaction Date: Dec 19, 1997
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 19, 2027

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Frequently Asked Questions

What neighborhood is 2614 Fairwood Drive located in?
The 2614 Fairwood Drive is a located in the neighborhood of Pepper Pike in Pepper Pike, Cleveland.
What is the average sales price for listings in 2614 Fairwood Drive?
The average sales price for units in 2614 Fairwood Drive is $0 currently.

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