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402 Parkside Drive

402 Parkside Drive, Bay Village, OH 44140
Property in Bay Village
Sold May 26, 2021
$235,000
$199,700 by Third Fsla Of Cleveland
Mortgage Due Jun 01, 2051
Sold Oct 28, 2014
$162,000
$137,700 by Crosscountry Mortgage Inc
Mortgage Due Nov 01, 2029
402 Parkside Drive in Bay Village, OH was first built in 1954 and is 70 years old. Although, the building on the property was most recently renovated and altered in 1982. 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 is only one bathroom. There are 2 partial bathrooms. 402 Parkside Drive has 1,314 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 876 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 310 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 5,250 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 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 C. The condition of the building has been evaluated as good. 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, 402 Parkside Drive sold most recently in May 19, 2021 for a total of $235,000. If you work out the math, that's approximately a cost of $107.31 per sqft. Before that, the property was also sold for $162,000 in Oct 27, 2014. 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 $5,939 in taxes each year. 402 Parkside Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $72,975. If we break it down further, the land itself was valued at $12,950. Improvements to the property, however, were assessed at a total of $60,025. 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.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Good
  • 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: 876
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,250
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 310
  • Total Building Area: 2,190
  • Gross Building Area: 2,370
  • Building Area: 1,314
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,314
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LKEPK
  • Land Acres: 0.121
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 87 LKEPK S/L 125 ALL BUT NEC 126 SWP TRI 20332016

Ownership

  • Current Owner : WONG DENNIS W
  • Previous Owner : CAMPBELL JENNIFER C
  • Owner Before Previous Owner: MARTIN JAMES K
  • Owner Before Previous Owner 2: MARTIN AMBER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bay Village City School District
  • Census Tract: 130105

Zoning

  • Zoning: 1F-5

Geography

  • Assessors Map Reference: 203-32
  • Parcel: 203-32-015
  • Lot: 87
  • Municipality: BAY VILLAGE
  • Latitude: 41.4839
  • Longitude: -81.908

    Address

  • Full Address: 402 Parkside Dr
  • Address - House Number: 402
  • Address - Street Name: Parkside
  • Address - Suffix Type: Dr
  • State: OH
  • City Name: Bay Village
  • Carrier Code: C004
  • 4-Digit Zip Code: 2550
  • Zip Code: 44140

Valuation

    Tax

  • Total Area: 1,314
  • Tax Year: 2022
  • Tax Amount: $5,939
  • Tax Rate Code Area: BAY VILLAG

    Appraisal Valuation

  • Standard Deviation: 0.2561
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 63
  • Final Value: 289,434
  • High Value: 363,580
  • Low Value: 215,288

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $199,700
  • First Open Lien Mortgage Lender: THIRD FSLA OF CLEVELAND
  • First Open Lien Mortgage Recording Date: May 26, 2021
  • First Open Lien Mortgage Loan Amount: $199,700
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $208,500
  • Market Land Value: $37,000
  • Market Improvement Value: $171,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $72,975
  • Assessed Land Value: $12,950
  • Assessed Improvements Value: $60,025

    Sales

  • Current Sale Contract Date: May 19, 2021
  • Current Sale Recording Date: May 26, 2021
  • Current Sale Transaction ID: 11841699031
  • Current Sale Price: $235,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202105260378
  • Previous Sale Recording Date: Oct 28, 2014
  • Previous Sale Contract Date: Oct 27, 2014
  • Previous Sale Amount: $162,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THIRD FSLA OF CLEVELAND
  • First Mortgage Transaction Date: May 26, 2021
  • First Mortgage Loan Amount: $199,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CROSSCOUNTRY MORTGAGE INC
  • Previous Mortgage Transaction Date: Oct 28, 2014
  • Previous Mortgage Loan Amount: $137,700
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2029

About Bay Village



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Frequently Asked Questions

What neighborhood is 402 Parkside Drive located in?
The 402 Parkside Drive is a located in the neighborhood of Bay Village in Bay Village, Bay Village.
What is the average sales price for listings in 402 Parkside Drive?
The average sales price for units in 402 Parkside Drive is $0 currently.

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