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2623 Richmond Road

2623 Richmond Road, Beachwood, OH 44122
Property in Beachwood
Sold Aug 30, 2001
$250,000
$80,000 by First Ohio Mtg Corp
Mortgage Due Sep 01, 2031
Sold Sep 27, 1994
$220,000
$120,000 by First Nationwide Bank
Mortgage Due Oct 01, 2024
Local assessors in Beachwood, OH have categorized 2623 Richmond Road as a residential type of property. The home was built in 1979 and is 45 years old. It was most recently renovated and altered in 2000. The property's lot size has been calculated to be 2,200 square feet. The linear feet between the front and back of the lot was measured at 1,930 ft and the front of the lot was measured at 1,090 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level 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 2 full bathrooms. There are also 3 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 2623 Richmond Road has a total of 2,736 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 attached garage for those who need a place to park their vehicle. The garage on the property is 528 sqft. There are 2 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 unknown. 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 - B. The building has a gable style roof that was made of asphalt. Lots of brick 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, 2623 Richmond Road was last sold in Aug 29, 2001 for $250,000. According to our calculations, that's $56.31 per sqft. Prior to that sales transaction, the property was sold for $220,000 in Sep 27, 1994. Current property owners are expected to pay $5,715 in taxes per year. The property on 2623 Richmond Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $103,145. To break that down further, the land itself was valued at $26,915. While improvements to the property were assessed at a total of $76,230. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1979
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,176
  • Garage Type: Attached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,200
  • Lot Size Depth Feet: 1,930
  • Lot Size Frontage Feet: 1,090
  • Total Building Area: 4,440
  • Gross Building Area: 4,440
  • Building Area: 2,736
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,736
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RAPID TRANSIT LAND SALES COS
  • Land Acres: 0.051
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 20 0043

Ownership

  • Current Owner : SCOTT ARNELL
  • Previous Owner : MADAN SRI KRISHNA MOHAN GAYATRI MADAN
  • Owner Before Previous Owner: DUB LOUIS

Neighborhood

  • School District Name: Beachwood City School District
  • Census Tract: 131105

Zoning

  • Zoning: U-1A-1

Geography

  • Assessors Map Reference: 741-30
  • Parcel: 741-30-002
  • Lot: 43
  • Municipality: BEACHWOOD
  • Latitude: 41.4884
  • Longitude: -81.4971

    Address

  • Full Address: 2623 Richmond Rd
  • Address - House Number: 2623
  • Address - Street Name: Richmond
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: Beachwood
  • Zip Code: 44122

Valuation

    Tax

  • Total Area: 2,736
  • Tax Year: 2022
  • Tax Amount: $5,715
  • Tax Rate Code Area: BEACHWOOD

    Appraisal Valuation

  • Standard Deviation: 0.2206
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 407,201
  • High Value: 497,031
  • Low Value: 317,371

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $132,000
  • First Open Lien Mortgage Lender: FIRST OHIO MTG CORP
  • First Open Lien Mortgage Recording Date: Aug 30, 2001
  • First Open Lien Mortgage Loan Amount: $80,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2031
  • Second Open Lien Mortgage Lender: PNC BANK NA
  • Second Open Lien Mortgage Recording Date: Oct 20, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $52,000
  • Second Open Lien Mortgage Term: 476
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 13, 2061

    Market Valuation

  • Market Total Value: $294,700
  • Market Land Value: $76,900
  • Market Improvement Value: $217,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $103,145
  • Assessed Land Value: $26,915
  • Assessed Improvements Value: $76,230

    Sales

  • Current Sale Contract Date: Aug 29, 2001
  • Current Sale Recording Date: Aug 30, 2001
  • Current Sale Transaction ID: 11447228566
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200108301260
  • Previous Sale Recording Date: Sep 27, 1994
  • Previous Sale Contract Date: Sep 27, 1994
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST OHIO MTG CORP
  • First Mortgage Transaction Date: Aug 30, 2001
  • First Mortgage Loan Amount: $80,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Sep 01, 2031

    Previous Mortgages

  • Previous Mortgage Lender: FIRST NATIONWIDE BANK
  • Previous Mortgage Transaction Date: Sep 27, 1994
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $120,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2024

About Beachwood



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Frequently Asked Questions

What neighborhood is 2623 Richmond Road located in?
The 2623 Richmond Road is a located in the neighborhood of Beachwood in Beachwood, Beachwood.
What is the average sales price for listings in 2623 Richmond Road?
The average sales price for units in 2623 Richmond Road is $0 currently.

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