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4087 East 56th Street

4087 East 56th Street, Cleveland, OH 44105
Property in South Broadway
Sold Mar 29, 2024
$65,000
$50,000 by 1st Fed'l S & L Assn/lakewood
Mortgage Due Apr 01, 2054
Sold Jul 31, 2015
$22,500
4087 East 56th Street in Cleveland, OH was first built in 1900 and is 124 years old. Although, the building on the property was most recently renovated and altered in 1952. 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 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 4087 East 56th Street has 1,297 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 400 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 4,000 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 300 sqft. There is one available parking space. 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 fair. 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 no air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. 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, 4087 East 56th Street was last sold in Mar 28, 2024 for $65,000. According to our calculations, that's $30.73 per sqft. Prior to that sales transaction, the property was sold for $22,500 in Jul 29, 2015. Current property owners are expected to pay $1,031 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 4087 East 56th Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $13,370. To break that down further, the land itself was valued at $2,765. While improvements to the property were assessed at a total of $10,605. 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. 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. 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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Fair
  • 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: Unspecified basement
  • Basement Area: 818
  • Garage Type: Detached
  • Garage Square Area: 300
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,115
  • Gross Building Area: 2,181
  • Building Area: 1,297
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,297
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GUSTAVO KLASS
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 309 KLASS 0032 ALL

Ownership

  • Current Owner : SIMMONS ROMAINE
  • Previous Owner : KMB INVESTMENTS PROPERTIES LLC
  • Owner Before Previous Owner: SOSIC JAMES L
  • Owner Before Previous Owner 2: SOSIC HILDA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cleveland Municipal School District
  • School Tax School District: CLEVELAND MSD
  • Census Tract: 115700

Zoning

  • Zoning: 2F

Geography

  • Assessors Map Reference: 132-22
  • Parcel: 132-22-097
  • Lot: 32
  • Municipality: CLEVELAND
  • Latitude: 41.4473
  • Longitude: -81.6502

    Address

  • Full Address: 4087 E 56th St
  • Address - House Number: 4087
  • Street Direction: E
  • Address - Street Name: 56th
  • Address - Suffix Type: St
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C029
  • 4-Digit Zip Code: 4805
  • Zip Code: 44105

Valuation

    Tax

  • Total Area: 1,297
  • Tax Year: 2022
  • Tax Amount: $1,031
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: CLEVELAND

    Appraisal Valuation

  • Standard Deviation: 0.1145
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 88
  • Final Value: 57,126
  • High Value: 63,669
  • Low Value: 50,583

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $50,000
  • First Open Lien Mortgage Lender: 1ST FED'L S & L ASSN/LAKEWOOD
  • First Open Lien Mortgage Recording Date: Mar 29, 2024
  • First Open Lien Mortgage Loan Amount: $50,000
  • 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: Apr 01, 2054

    Market Valuation

  • Market Total Value: $38,200
  • Market Land Value: $7,900
  • Market Improvement Value: $30,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $13,370
  • Assessed Land Value: $2,765
  • Assessed Improvements Value: $10,605

    Sales

  • Current Sale Contract Date: Mar 28, 2024
  • Current Sale Recording Date: Mar 29, 2024
  • Current Sale Transaction ID: 11923532644
  • Current Sale Price: $65,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 264
  • Previous Sale Recording Date: Jul 31, 2015
  • Previous Sale Contract Date: Jul 29, 2015
  • Previous Sale Amount: $22,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: 1ST FED'L S & L ASSN/LAKEWOOD
  • First Mortgage Transaction Date: Mar 29, 2024
  • First Mortgage Loan Amount: $50,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2054

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 4087 East 56th Street located in?
The 4087 East 56th Street is a located in the neighborhood of South Broadway in South Broadway, Cleveland.
What is the average sales price for listings in 4087 East 56th Street?
The average sales price for units in 4087 East 56th Street is $0 currently.

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