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2962 Canterbury Court

2962 Canterbury Court, Wickliffe, OH 44092
Property in Camelot Estates
Sold Aug 31, 2021
$340,000
$323,000 by Union Capital Mortgage Corp
Mortgage Due Sep 01, 2051
Sold May 17, 1993
Transfer
Local assessors in Wickliffe, OH have categorized 2962 Canterbury Court as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 43,996 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2962 Canterbury Court has a total of 2,584 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 garage for those who need a place to park their vehicle. The garage on the property is 546 sqft. There are 2 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 average. 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 - C+. 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 central heating system 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. 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, 2962 Canterbury Court sold most recently in Aug 27, 2021 for a total of $340,000. If you work out the math, that's approximately a cost of $131.58 per sqft. 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 $6,308 in taxes each year. 2962 Canterbury Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $100,680. If we break it down further, the land itself was valued at $20,170. Improvements to the property, however, were assessed at a total of $80,510. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C+
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 546
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 43,996
  • Total Building Area: 2,584
  • Gross Building Area: 2,764
  • Building Area: 2,584
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,584
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CAMELOT ESTATES SUBDIVISION
  • Land Acres: 1.01
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 1, 2 & 9 TRACT 4

Ownership

  • Current Owner : PEFFER TIMOTHY C
  • Current Owner 2: PEFFER LAURA J
  • Previous Owner : SCHAFFER MICHAEL
  • Previous Owner 2: ESTATE OF CARMELA SCHAFFER
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Willoughby-Eastlake City School District
  • Census Tract: 201000

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 031-007J-00
  • Subdivision Tract Number: 4
  • Parcel: 31-A-007-J-00-017-0
  • Lot: 17
  • Municipality: WILLOUGHBY HILLS CITY
  • Latitude: 41.5766
  • Longitude: -81.4672

    Address

  • Full Address: 2962 Canterbury Ct
  • Address - House Number: 2962
  • Address - Street Name: Canterbury
  • Address - Suffix Type: Ct
  • State: OH
  • City Name: Willoughby Hills
  • Carrier Code: C002
  • 4-Digit Zip Code: 1467
  • Zip Code: 44092

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,308
  • Tax Rate Code Area: 31

    Appraisal Valuation

  • Standard Deviation: 0.271
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 61
  • Final Value: 395,079
  • High Value: 502,183
  • Low Value: 287,975

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $323,000
  • First Open Lien Mortgage Lender: UNION CAPITAL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 31, 2021
  • First Open Lien Mortgage Loan Amount: $323,000
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $287,650
  • Market Land Value: $57,620
  • Market Improvement Value: $230,030

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $100,680
  • Assessed Land Value: $20,170
  • Assessed Improvements Value: $80,510

    Sales

  • Current Sale Contract Date: Aug 27, 2021
  • Current Sale Recording Date: Aug 31, 2021
  • Current Sale Transaction ID: 11858730171
  • Current Sale Price: $340,000
  • Current Sale Document Type: Fiduciary Deed
  • Current Sale Input Document Number: 2021R030709
  • Previous Sale Recording Date: May 17, 1993
  • Previous Sale Contract Date: May 17, 1993
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNION CAPITAL MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 31, 2021
  • First Mortgage Loan Amount: $323,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

About Willoughby Hills



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Frequently Asked Questions

What neighborhood is 2962 Canterbury Court located in?
The 2962 Canterbury Court is a located in the neighborhood of Camelot Estates in Willoughby Hills, Wickliffe.
What is the average sales price for listings in 2962 Canterbury Court?
The average sales price for units in 2962 Canterbury Court is $0 currently.

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