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477 Medway Road

477 Medway Road, Cleveland, OH 44143
Property in Highland Heights
Sold Nov 16, 1994
$300,000
$37,400 by Third Fsla Of Cleveland
Mortgage Due Aug 14, 2051
Sold Dec 31, 1991
Transfer
477 Medway Road in Cleveland, OH was first built in 1994 and is 30 years old. Although, the building on the property was most recently renovated and altered in 2003. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 477 Medway Road has 3,160 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 1,000 ft and the linear feet between the front and back of the lot is 1,750. In total, the area measurement of the land is 17,498 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a hip style roof made of asphalt. Water for the property is sourced from a water system. For those who need parking, there is a attached garage. The garage is 759 sqft. There are a total of 3 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Nov 16, 1994 for $300,000. That's $53.11 per sqft. 477 Medway Road was last assessed in 2022. The total value of the property was assessed at $138,250. Specifically, the land the property is located on was valued at $27,860. While improvements on the property were assessed at a total of $110,390. 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 $9,365. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Good
  • Building Quality: B
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,730
  • Garage Type: Attached
  • Garage Square Area: 759
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 17,498
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 5,649
  • Gross Building Area: 5,649
  • Building Area: 3,160
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,160
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HIGHLAND WOODS EAST
  • Land Acres: 0.402
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1 14 0214

Ownership

  • Current Owner : DAVIS IRA D
  • Current Owner 2: DAVIS LAURIE B
  • Previous Owner : THREE M HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mayfield City School District
  • School Tax School District: MAYFIELD CSD
  • Census Tract: 155101

Zoning

  • Zoning: U1

Geography

  • Assessors Map Reference: 821-30
  • Subdivision Tract Number: 1
  • Parcel: 821-30-050
  • Lot: 214
  • Municipality: HIGHLAND HTS.
  • Latitude: 41.5563
  • Longitude: -81.4512

    Address

  • Full Address: 477 Medway Rd
  • Address - House Number: 477
  • Address - Street Name: Medway
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C030
  • 4-Digit Zip Code: 3724
  • Zip Code: 44143

Valuation

    Tax

  • Total Area: 3,160
  • Tax Year: 2022
  • Tax Amount: $9,365
  • Tax Rate Code Area: HIGHLAND H

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 64
  • Final Value: 588,055
  • High Value: 734,320
  • Low Value: 441,789

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $37,400
  • First Open Lien Mortgage Lender: THIRD FSLA OF CLEVELAND
  • First Open Lien Mortgage Recording Date: Aug 26, 2021
  • First Open Lien Mortgage Loan Amount: $37,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Aug 14, 2051

    Market Valuation

  • Market Total Value: $395,000
  • Market Land Value: $79,600
  • Market Improvement Value: $315,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $138,250
  • Assessed Land Value: $27,860
  • Assessed Improvements Value: $110,390

    Sales

  • Current Sale Contract Date: Nov 16, 1994
  • Current Sale Recording Date: Nov 16, 1994
  • Current Sale Transaction ID: 1135772715
  • Current Sale Price: $300,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Dec 31, 1991
  • Previous Sale Contract Date: Dec 31, 1991
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: THIRD FED S&L ASSN CLEVE
  • First Mortgage Transaction Date: Nov 16, 1994
  • First Mortgage Loan Amount: $240,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2024

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Highland Heights



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Frequently Asked Questions

What neighborhood is 477 Medway Road located in?
The 477 Medway Road is a located in the neighborhood of Highland Heights in Highland Heights, Cleveland.
What is the average sales price for listings in 477 Medway Road?
The average sales price for units in 477 Medway Road is $0 currently.

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