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3119 Ludlow Road

3119 Ludlow Road, Cleveland, OH 44120
Property in Shaker Heights
Sold Apr 25, 2018
$155,000
$152,192 by Liberty Home Mortgage Corp
Mortgage Due May 01, 2048
Sold Sep 08, 2017
$96,803
$96,000 by Hpm Partners Llc
Mortgage Due Aug 31, 2018
3119 Ludlow Road in Cleveland, OH was first built in 1930 and is 94 years old. Although, the building on the property was most recently renovated and altered in 1972. 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 3 full bathrooms. There are 3 partial bathrooms. 3119 Ludlow Road has 2,277 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 600 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 7,800 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of wood shake/ shingles. 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 400 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 B. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick. 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. 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, 3119 Ludlow Road was last sold in Apr 24, 2018 for $155,000. According to our calculations, that's $45.87 per sqft. Prior to that sales transaction, the property was sold for $96,803 in Aug 31, 2017. Current property owners are expected to pay $6,139 in taxes per year. The property on 3119 Ludlow Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $54,250. To break that down further, the land itself was valued at $13,615. While improvements to the property were assessed at a total of $40,635. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1930
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Good
  • Building Quality: B
  • Building Style: Colonial
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,102
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,800
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,379
  • Gross Building Area: 3,379
  • Building Area: 2,277
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,277
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VAN S#12
  • Land Acres: 0.179
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 430 VAN S#12 0851 ALL

Ownership

  • Current Owner : REED DOMONIQUE J
  • Previous Owner : JMJ NORTH COAST INVESTMENTS LLC
  • Owner Before Previous Owner: TOUGH GUY INVESTMENT LLC

Neighborhood

  • School District Name: Shaker Heights City School District
  • School Tax School District: SHAKER HEIGHTS
  • Census Tract: 183402

Zoning

  • Zoning: SF2

Geography

  • Assessors Map Reference: 731-16
  • Parcel: 731-16-038
  • Lot: 851
  • Municipality: SHAKER HTS.
  • Latitude: 41.4749
  • Longitude: -81.5814

    Address

  • Full Address: 3119 Ludlow Rd
  • Address - House Number: 3119
  • Address - Street Name: Ludlow
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C041
  • 4-Digit Zip Code: 2832
  • Zip Code: 44120

Valuation

    Tax

  • Total Area: 2,277
  • Tax Year: 2022
  • Tax Amount: $6,139
  • Tax Rate Code Area: SHAKER HEI

    Appraisal Valuation

  • Standard Deviation: 0.2755
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 60
  • Final Value: 259,891
  • High Value: 331,511
  • Low Value: 188,272

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $220,692
  • First Open Lien Mortgage Lender: LIBERTY HOME MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 25, 2018
  • First Open Lien Mortgage Loan Amount: $152,192
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2048
  • Second Open Lien Mortgage Lender: CITIZENS BANK NA
  • Second Open Lien Mortgage Recording Date: Apr 08, 2022
  • Second Open Lien Mortgage Loan Amount: $68,500
  • Second Open Lien Mortgage Term: 298
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Mar 23, 2047

    Market Valuation

  • Market Total Value: $155,000
  • Market Land Value: $38,900
  • Market Improvement Value: $116,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $54,250
  • Assessed Land Value: $13,615
  • Assessed Improvements Value: $40,635

    Sales

  • Current Sale Contract Date: Apr 24, 2018
  • Current Sale Recording Date: Apr 25, 2018
  • Current Sale Transaction ID: 11476983168
  • Current Sale Price: $155,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201804250262
  • Previous Sale Recording Date: Sep 08, 2017
  • Previous Sale Contract Date: Aug 31, 2017
  • Previous Sale Amount: $96,803
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LIBERTY HOME MORTGAGE CORP
  • First Mortgage Transaction Date: Apr 25, 2018
  • First Mortgage Loan Amount: $152,192
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: HPM PARTNERS LLC
  • Previous Mortgage Transaction Date: Sep 08, 2017
  • Previous Mortgage Loan Amount: $96,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Aug 31, 2018

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Frequently Asked Questions

What neighborhood is 3119 Ludlow Road located in?
The 3119 Ludlow Road is a located in the neighborhood of Shaker Heights in Shaker Heights, Cleveland.
What is the average sales price for listings in 3119 Ludlow Road?
The average sales price for units in 3119 Ludlow Road is $0 currently.

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