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5021 East 86th Street

5021 East 86th Street, Cleveland, OH 44125
Multifamily in Garfield Heights
Sold Nov 30, 2021
$125,200
Sold Aug 26, 2008
$32,500
5021 East 86th Street has been categorized by the local assessors in Cleveland, OH as a residential type of property. The building on the property was first built in 1955 and is 69 years old. However, we must point out that the home was most recently renovated and altered in 1970. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5021 East 86th Street has 1,820 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 400 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a hip style roof made of asphalt. The exterior walls of the building are made of brick. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a storm sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though you may still need to pay additional fees to have your wastewater disposed in this manner. 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, 5021 East 86th Street was last sold in Nov 10, 2021 for $125,200. According to our calculations, that's $45.86 per sqft. Prior to that sales transaction, the property was sold for $32,500 in Jul 22, 2008. Current property owners are expected to pay $3,897 in taxes per year. The property on 5021 East 86th Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $33,705. To break that down further, the land itself was valued at $5,915. While improvements to the property were assessed at a total of $27,790. 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. 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.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

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Colonial
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 910
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,730
  • Gross Building Area: 2,730
  • Building Area: 1,820
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,820
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GARFPKY
  • Land Acres: 0.138
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: 480 GARFPKY 0684 ALL

Ownership

  • Current Owner : NGUYEN STEVEN
  • Current Owner 2: LOPEZ MARY ANN
  • Previous Owner : BREEZETHROUGH INC
  • Owner Before Previous Owner: DEUTSCHE BANK NATIONAL TRUST CO
  • Ownership Rights Codes: Life Estate
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Garfield Heights City School District
  • School Tax School District: GARFIELD HTS
  • Census Tract: 154400

Zoning

  • Zoning: U-2

Geography

  • Assessors Map Reference: 541-20
  • Parcel: 541-20-118
  • Lot: 684
  • Municipality: GARFIELD HTS.
  • Latitude: 41.4244
  • Longitude: -81.6245

    Address

  • Full Address: 5021 E 86th St
  • Address - House Number: 5021
  • Street Direction: E
  • Address - Street Name: 86th
  • Address - Suffix Type: St
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C035
  • 4-Digit Zip Code: 2024
  • Zip Code: 44125

Valuation

    Tax

  • Total Area: 1,820
  • Tax Year: 2022
  • Tax Amount: $3,897
  • Tax Rate Code Area: GARFIELD H

    Market Valuation

  • Market Total Value: $96,300
  • Market Land Value: $16,900
  • Market Improvement Value: $79,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $33,705
  • Assessed Land Value: $5,915
  • Assessed Improvements Value: $27,790

    Sales

  • Current Sale Contract Date: Nov 10, 2021
  • Current Sale Recording Date: Nov 30, 2021
  • Current Sale Transaction ID: 11873670959
  • Current Sale Price: $125,200
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202111300681
  • Previous Sale Recording Date: Aug 26, 2008
  • Previous Sale Contract Date: Jul 22, 2008
  • Previous Sale Amount: $32,500
  • Previous Sale Document Type: Limited Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEWREZ LLC
  • First Mortgage Transaction Date: Nov 30, 2021
  • First Mortgage Loan Amount: $83,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

About Garfield Heights



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Frequently Asked Questions

What neighborhood is 5021 East 86th Street located in?
The 5021 East 86th Street is a multifamily located in the neighborhood of Garfield Heights in Garfield Heights, Cleveland.
What is the average sales price for listings in 5021 East 86th Street?
The average sales price for units in 5021 East 86th Street is $113,900 currently.

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