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487 Tally Ho Lane

487 Tally Ho Lane, Cleveland, OH 44143
Property in Richmond Heights
Sold Jul 01, 2016
$132,000
$129,609 by Quicken Loans Inc
Mortgage Due Jul 01, 2046
Sold Jul 13, 1995
$139,900
$99,900 by Third Fed S&l Assn Cleve
Mortgage Due Aug 01, 2010
487 Tally Ho Lane in Cleveland, OH was first built in 1977 and is 47 years old. Although, the building on the property was most recently renovated and altered in 1994. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. 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. 487 Tally Ho Lane has 1,894 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 760 ft and the linear feet between the front and back of the lot is 1,940. In total, the area measurement of the land is 14,550 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 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 attached garage. The garage is 506 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 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 heat pump and being fueled with gas. 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. 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, 487 Tally Ho Lane was last sold in Jun 27, 2016 for $132,000. According to our calculations, that's $34.43 per sqft. Prior to that sales transaction, the property was sold for $139,900 in Jul 13, 1995. Current property owners are expected to pay $5,545 in taxes per year. The property on 487 Tally Ho Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $62,160. To break that down further, the land itself was valued at $11,970. While improvements to the property were assessed at a total of $50,190. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1994
  • 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: B
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,434
  • Garage Type: Attached
  • Garage Square Area: 506
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,550
  • Lot Size Depth Feet: 1,940
  • Lot Size Frontage Feet: 760
  • Total Building Area: 3,834
  • Gross Building Area: 3,834
  • Building Area: 1,894
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,894
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FOXCROFT SUB#2
  • Land Acres: 0.334
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 34 FOXCROFT SUB#2 0022

Ownership

  • Current Owner : HOLLEY SHARON K
  • Previous Owner : FALLON JOHN J
  • Owner Before Previous Owner: MONTGOMERY WAYNE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Richmond Heights Local School District
  • School Tax School District: RICHMOND HTS
  • Census Tract: 180102

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: 662-15
  • Parcel: 662-15-079
  • Lot: 22
  • Municipality: RICHMOND HTS.
  • Latitude: 41.5497
  • Longitude: -81.4983

    Address

  • Full Address: 487 Tally Ho Ln
  • Address - House Number: 487
  • Address - Street Name: Tally Ho
  • Address - Suffix Type: Ln
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C024
  • 4-Digit Zip Code: 2758
  • Zip Code: 44143

Valuation

    Tax

  • Total Area: 1,894
  • Tax Year: 2022
  • Tax Amount: $5,545
  • Tax Rate Code Area: RICHMOND H

    Appraisal Valuation

  • Standard Deviation: 0.2699
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 61
  • Final Value: 249,777
  • High Value: 317,197
  • Low Value: 182,356

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $129,609
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Jul 01, 2016
  • First Open Lien Mortgage Loan Amount: $129,609
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2046

    Market Valuation

  • Market Total Value: $177,600
  • Market Land Value: $34,200
  • Market Improvement Value: $143,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $62,160
  • Assessed Land Value: $11,970
  • Assessed Improvements Value: $50,190

    Sales

  • Current Sale Contract Date: Jun 27, 2016
  • Current Sale Recording Date: Jul 01, 2016
  • Current Sale Transaction ID: 1874490178
  • Current Sale Price: $132,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201607010610
  • Previous Sale Recording Date: Jul 13, 1995
  • Previous Sale Contract Date: Jul 13, 1995
  • Previous Sale Amount: $139,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Jul 01, 2016
  • First Mortgage Loan Amount: $129,609
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: THIRD FED S&L ASSN CLEVE
  • Previous Mortgage Transaction Date: Jul 13, 1995
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $99,900
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2010

About Richmond Heights



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Frequently Asked Questions

What neighborhood is 487 Tally Ho Lane located in?
The 487 Tally Ho Lane is a located in the neighborhood of Richmond Heights in Richmond Heights, Cleveland.
What is the average sales price for listings in 487 Tally Ho Lane?
The average sales price for units in 487 Tally Ho Lane is $0 currently.

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