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42815 North Ridge Road

42815 North Ridge Road, Elyria, OH 44035
Commercial in Elyria
42815 North Ridge Road in Elyria, OH was first built in 1970 and is 54 years old. This has been categorized as a office property type. It is a single story home. 42815 North Ridge Road has 5,584 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 1,140 ft and the linear feet between the front and back of the lot is 1,830. In total, the area measurement of the land is 18,731 square feet.

Learn more about the property and building on this page. For those who need parking, there is a detached garage. The garage is 280 sqft. There is one available parking space. The condition of the building has been evaluated as average. As for heating, the home is utilizing gas. The property was last sold in Dec 23, 2019 for $180,000. That's $32.23 per sqft. 42815 North Ridge Road was last assessed in 2021. The total value of the property was assessed at $85,943. Specifically, the land the property is located on was valued at $21,956. While improvements on the property were assessed at a total of $63,987. 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 $6,781. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220526
05/26/2022
Loft
-
5584 ft²
$399,900
bedrooms
Loft
bathrooms
-
square feet
5584 ft²
-
-
-
Jeannette Charara
Russell Real Estate Services
20190505
05/05/2019
Studio
-
6722 ft²
$225,000
bedrooms
Studio
bathrooms
-
square feet
6722 ft²
$180,000 -20.00%
01/15/2020
Janet Beane

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: Average
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 18,731
  • Lot Size Depth Feet: 1,830
  • Lot Size Frontage Feet: 1,140
  • Total Building Area: 5,584
  • Gross Building Area: 5,584
  • Building Area: 5,584
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,584
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Office
  • Subdivision: NEWBERRY TRACT
  • Land Acres: 0.43
  • Standard Land Use Code: Commercial office (general)
  • Legal Description 1: NEWBERRY TR

Ownership

  • Current Owner : HAQ MOHAMMED
  • Previous Owner : SOMERS WILLIAM O
  • Previous Owner 2: THE WILLIAM O SOMERS TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Elyria City School District
  • Census Tract: 070200

Geography

  • Assessors Map Reference: 3106003 03600
  • Subdivision Tract Number: 21
  • Parcel: 06-21-003-102-005
  • Block: 102
  • Municipality: ELYRIA TWP/ELYRIA CSD
  • Latitude: 41.4178
  • Longitude: -82.151

    Address

  • Full Address: 42815 N Ridge Rd
  • Address - House Number: 42815
  • Street Direction: N
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: Elyria
  • Carrier Code: C057
  • 4-Digit Zip Code: 1053
  • Zip Code: 44035

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $6,781
  • Tax Rate Code Area: 31

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: WILLIAM O SOMERS TRUST
  • First Open Lien Mortgage Recording Date: Jan 15, 2020
  • First Open Lien Mortgage Loan Amount: $150,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Dec 31, 2024
  • Second Open Lien Mortgage Recording Date: Jan 15, 2020
  • Second Open Lien Mortgage Term: 60
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Dec 31, 2024

    Market Valuation

  • Market Total Value: $245,550
  • Market Land Value: $62,730
  • Market Improvement Value: $182,820

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $85,943
  • Assessed Land Value: $21,956
  • Assessed Improvements Value: $63,987

    Sales

  • Current Sale Contract Date: Dec 23, 2019
  • Current Sale Recording Date: Jan 15, 2020
  • Current Sale Transaction ID: 11716518977
  • Current Sale Price: $180,000
  • Current Sale Document Type: Fiduciary Deed
  • Current Sale Input Document Number: 2020-0745706

    Last Sale Mortgage

  • First Mortgage Lender: WILLIAM O SOMERS TRUST
  • First Mortgage Transaction Date: Jan 15, 2020
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Dec 31, 2024

About Lorain



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Frequently Asked Questions

What neighborhood is 42815 North Ridge Road located in?
The 42815 North Ridge Road is a commercial located in the neighborhood of Elyria in Lorain, Elyria.
What is the average sales price for listings in 42815 North Ridge Road?
The average sales price for units in 42815 North Ridge Road is $199,900 , or $30/sqft. currently.

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