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3601 Pennington Road

3601 Pennington Road, Cleveland, OH 44120
Property in Shaker Heights
Sold Jul 26, 2019
$427,924
$10,000,000 by Corevest American Financl Lend
Mortgage
Sold Apr 05, 2016
Transfer
3601 Pennington Road has been categorized by the local assessors in Cleveland, OH as a residential type of property. The building on the property was first built in 1926 and is 98 years old. However, we must point out that the home was most recently renovated and altered in 1962. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3601 Pennington Road has 1,248 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 816 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,300 ft and across the front of the lot is 380 ft. The area measurement of the land has been determined as 4,940 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 360 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a storm sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though you may still need to pay additional fees to have your wastewater disposed in this manner. The property was last sold in Jul 25, 2019 for $427,924. That's $207.33 per sqft. 3601 Pennington Road was last assessed in 2022. The total value of the property was assessed at $31,325. Specifically, the land the property is located on was valued at $5,180. While improvements on the property were assessed at a total of $26,145. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,705. The initial tax year of delinquency was in 2022. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • 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: 816
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,940
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 380
  • Total Building Area: 2,064
  • Gross Building Area: 2,064
  • Building Area: 1,248
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,248
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: EVW
  • Land Acres: 0.113
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 52 EVW 0220 ALL

Ownership

  • Current Owner : RSN HOLDINGS 5 LOC LLC
  • Previous Owner : FIRST CHOICE REALTY GROUP LLC
  • Owner Before Previous Owner: D E W CONSTRUCTION LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shaker Heights City School District
  • School Tax School District: SHAKER HEIGHTS
  • Census Tract: 183603

Zoning

  • Zoning: SF3

Geography

  • Assessors Map Reference: 735-21
  • Parcel: 735-21-071
  • Lot: 220
  • Municipality: SHAKER HTS.
  • Latitude: 41.4616
  • Longitude: -81.5706

    Address

  • Full Address: 3601 Pennington Rd
  • Address - House Number: 3601
  • Address - Street Name: Pennington
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C034
  • 4-Digit Zip Code: 5015
  • Zip Code: 44120

Valuation

    Tax

  • Total Area: 1,248
  • Tax Year: 2022
  • Tax Amount: $3,705
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: SHAKER HEI

    Appraisal Valuation

  • Standard Deviation: 0.2674
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 61
  • Final Value: 122,285
  • High Value: 154,996
  • Low Value: 89,575

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $10,000,000
  • First Open Lien Mortgage Lender: COREVEST AMERICAN FINANCL LEND
  • First Open Lien Mortgage Recording Date: Jul 26, 2019
  • First Open Lien Mortgage Loan Amount: $10,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $89,500
  • Market Land Value: $14,800
  • Market Improvement Value: $74,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $31,325
  • Assessed Land Value: $5,180
  • Assessed Improvements Value: $26,145

    Sales

  • Current Sale Contract Date: Jul 25, 2019
  • Current Sale Recording Date: Jul 26, 2019
  • Current Sale Transaction ID: 11633984273
  • Current Sale Price: $427,924
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201907260913
  • Previous Sale Recording Date: Apr 05, 2016
  • Previous Sale Contract Date: Nov 10, 2015
  • Previous Sale Document Type: Deed in Lieu of Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: COREVEST AMERICAN FINANCL LEND
  • First Mortgage Transaction Date: Jul 26, 2019
  • First Mortgage Loan Amount: $10,000,000
  • First Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 3601 Pennington Road located in?
The 3601 Pennington Road is a located in the neighborhood of Shaker Heights in Shaker Heights, Cleveland.
What is the average sales price for listings in 3601 Pennington Road?
The average sales price for units in 3601 Pennington Road is $0 currently.

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