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3421 King Richard Drive

3421 King Richard Drive, Cleveland, OH 44134
Property in Parma
Sold Dec 31, 2020
$215,000
$211,105 by Crosscountry Mortgage Llc
Mortgage Due Jan 01, 2051
Sold Aug 24, 2017
$149,000
3421 King Richard Drive in Cleveland, OH was first built in 1967 and is 57 years old. Although, the building on the property was most recently renovated and altered in 1979. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Cape Cod style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 3421 King Richard Drive has 1,705 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 1,089 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 370 ft and the linear feet between the front and back of the lot is 1,600. In total, the area measurement of the land is 10,400 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 attached garage. The garage is 420 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 C. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. 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. 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, 3421 King Richard Drive sold most recently in Dec 30, 2020 for a total of $215,000. If you work out the math, that's approximately a cost of $66.89 per sqft. Before that, the property was also sold for $149,000 in Aug 22, 2017. 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 $5,077 in taxes each year. 3421 King Richard Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $75,250. If we break it down further, the land itself was valued at $11,865. Improvements to the property, however, were assessed at a total of $63,385. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1967
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,089
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,400
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 370
  • Total Building Area: 3,214
  • Gross Building Area: 3,214
  • Building Area: 1,705
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,705
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RICHARD #8
  • Land Acres: 0.239
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ELY 28 RICHARD #8 0016 ALL

Ownership

  • Current Owner : JONES ROSELLA J
  • Current Owner 2: PETERSON JEFFREY S
  • Previous Owner : HUH SCOTT HAN
  • Previous Owner 2: HUH CONNIE HAN
  • Owner Before Previous Owner: SETTIPANE JUDITH K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Parma City School District
  • School Tax School District: PARMA CSD
  • Census Tract: 177504

Zoning

  • Zoning: SF-A

Geography

  • Assessors Map Reference: 452-05
  • Parcel: 452-05-076
  • Lot: 16
  • Municipality: PARMA
  • Latitude: 41.369
  • Longitude: -81.709

    Address

  • Full Address: 3421 King Richard Dr
  • Address - House Number: 3421
  • Address - Street Name: King Richard
  • Address - Suffix Type: Dr
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C036
  • 4-Digit Zip Code: 5432
  • Zip Code: 44134

Valuation

    Tax

  • Total Area: 1,705
  • Tax Year: 2022
  • Tax Amount: $5,077
  • Tax Rate Code Area: PARMA

    Appraisal Valuation

  • Standard Deviation: 0.2617
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 62
  • Final Value: 274,850
  • High Value: 346,780
  • Low Value: 202,919

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $211,105
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 31, 2020
  • First Open Lien Mortgage Loan Amount: $211,105
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $215,000
  • Market Land Value: $33,900
  • Market Improvement Value: $181,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $75,250
  • Assessed Land Value: $11,865
  • Assessed Improvements Value: $63,385

    Sales

  • Current Sale Contract Date: Dec 30, 2020
  • Current Sale Recording Date: Dec 31, 2020
  • Current Sale Transaction ID: 11824551763
  • Current Sale Price: $215,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202012310228
  • Previous Sale Recording Date: Aug 24, 2017
  • Previous Sale Contract Date: Aug 22, 2017
  • Previous Sale Amount: $149,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 31, 2020
  • First Mortgage Loan Amount: $211,105
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2051

About Parma



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Frequently Asked Questions

What neighborhood is 3421 King Richard Drive located in?
The 3421 King Richard Drive is a located in the neighborhood of Parma in Parma, Cleveland.
What is the average sales price for listings in 3421 King Richard Drive?
The average sales price for units in 3421 King Richard Drive is $0 currently.

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