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2863 Scarborough Road

2863 Scarborough Road, Cleveland, OH 44118
Sold Sep 18, 2020
$269,500
$269,500 by The Huntington National Bank
Mortgage Due Oct 01, 2050
Sold Dec 13, 2005
$240,000
$191,000 by Fidelity Home Loans Corp
Mortgage Due Jan 01, 2036
2863 Scarborough Road in Cleveland, OH was first built in 1915 and is 109 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 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2863 Scarborough Road has 2,658 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 basement is 1,196 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,760. In total, the area measurement of the land is 8,800 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 detached garage. The garage is 440 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of materials we are unsure of. Walk into the home itself and you'll find that it is currently being cooled with central 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, 2863 Scarborough Road sold most recently in Sep 12, 2020 for a total of $269,500. If you work out the math, that's approximately a cost of $69.93 per sqft. Before that, the property was also sold for $240,000 in Dec 6, 2005. 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 $10,119 in taxes each year. 2863 Scarborough Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $94,325. If we break it down further, the land itself was valued at $15,820. Improvements to the property, however, were assessed at a total of $78,505. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1915
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,196
  • Garage Type: Detached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,800
  • Lot Size Depth Feet: 1,760
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,854
  • Gross Building Area: 3,854
  • Building Area: 2,658
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,658
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: COV
  • Land Acres: 0.202
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1 COVENTRY 0077 ALL

Ownership

  • Current Owner : WARNER CALVIN P
  • Current Owner 2: WARNER SARAH A
  • Previous Owner : PECORARO LUIGI A
  • Previous Owner 2: PECORARO JULIE P
  • Owner Before Previous Owner: GOLDOFTAS NEIL DAVID
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cleveland Heights-University Heights City School District
  • School Tax School District: CLEVELAND HTS
  • Census Tract: 141400

Zoning

  • Zoning: A

Geography

  • Assessors Map Reference: 686-05
  • Parcel: 686-05-037
  • Lot: 77
  • Municipality: CLEVELAND HTS.
  • Latitude: 41.494
  • Longitude: -81.5772

    Address

  • Full Address: 2863 Scarborough Rd
  • Address - House Number: 2863
  • Address - Street Name: Scarborough
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: Cleveland Heights
  • Carrier Code: C019
  • 4-Digit Zip Code: 4053
  • Zip Code: 44118

Valuation

    Tax

  • Total Area: 2,666
  • Tax Year: 2022
  • Tax Amount: $10,119
  • Tax Rate Code Area: CLEVELAND

    Appraisal Valuation

  • Standard Deviation: 0.2506
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 64
  • Final Value: 395,134
  • High Value: 494,182
  • Low Value: 296,087

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $321,900
  • First Open Lien Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Sep 18, 2020
  • First Open Lien Mortgage Loan Amount: $269,500
  • 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, 2050
  • Second Open Lien Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: Feb 27, 2024
  • Second Open Lien Mortgage Loan Amount: $52,400
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Feb 10, 2054

    Market Valuation

  • Market Total Value: $269,500
  • Market Land Value: $45,200
  • Market Improvement Value: $224,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $94,325
  • Assessed Land Value: $15,820
  • Assessed Improvements Value: $78,505

    Sales

  • Current Sale Contract Date: Sep 12, 2020
  • Current Sale Recording Date: Sep 18, 2020
  • Current Sale Transaction ID: 11790429288
  • Current Sale Price: $269,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202009180190
  • Previous Sale Recording Date: Dec 13, 2005
  • Previous Sale Contract Date: Dec 06, 2005
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: Survivorship Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • First Mortgage Transaction Date: Sep 18, 2020
  • First Mortgage Loan Amount: $269,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FIDELITY HOME LOANS CORP
  • Previous Mortgage Transaction Date: Dec 13, 2005
  • Previous Mortgage Loan Amount: $191,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jan 01, 2036

About Cleveland Heights



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Frequently Asked Questions

What neighborhood is 2863 Scarborough Road located in?
The 2863 Scarborough Road is a located in the neighborhood of Cleveland Heights in Cleveland Heights, Cleveland.
What is the average sales price for listings in 2863 Scarborough Road?
The average sales price for units in 2863 Scarborough Road is $0 currently.

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