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5264 West 50th Street

5264 West 50th Street, Cleveland, OH 44134
Property in Parma
Sold Jun 21, 2021
$147,500
$150,892 by Rapid Mortgage Company
Mortgage Due Jul 01, 2051
Sold Aug 12, 2013
$62,000
$49,600 by Union Home Mortgage Corp
Mortgage Due Sep 01, 2043
5264 West 50th 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 1949 and is 75 years old. However, we must point out that the home was most recently renovated and altered in 1965. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 5264 West 50th Street has 1,092 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 728 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 5,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod 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 484 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 gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. 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. The property was last sold in Jun 15, 2021 for $147,500. That's $81.04 per sqft. Prior to that sales transaction, the property was also sold in Aug 9, 2013 for $62,000. 5264 West 50th Street was last assessed in 2022. The total value of the property was assessed at $38,500. Specifically, the land the property is located on was valued at $8,365. While improvements on the property were assessed at a total of $30,135. 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 $2,740. 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. 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: 1949
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • 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: Partial basement
  • Basement Area: 728
  • Garage Type: Detached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,820
  • Gross Building Area: 1,820
  • Building Area: 1,092
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,092
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: STBRK
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 3 STBRK 0153 ALL

Ownership

  • Current Owner : CASTO JOHNNY RAY
  • Previous Owner : POWERS JUSTIN M
  • Owner Before Previous Owner: TAKACS AUDREY E
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Parma City School District
  • School Tax School District: PARMA CSD
  • Census Tract: 177202

Zoning

  • Zoning: SF-B

Geography

  • Assessors Map Reference: 443-26
  • Parcel: 443-26-129
  • Lot: 153
  • Municipality: PARMA
  • Latitude: 41.417
  • Longitude: -81.7209

    Address

  • Full Address: 5264 W 50th St
  • Address - House Number: 5264
  • Street Direction: W
  • Address - Street Name: 50th
  • Address - Suffix Type: St
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C015
  • 4-Digit Zip Code: 1022
  • Zip Code: 44134

Valuation

    Tax

  • Total Area: 1,092
  • Tax Year: 2022
  • Tax Amount: $2,740
  • Tax Rate Code Area: PARMA

    Appraisal Valuation

  • Standard Deviation: 0.2674
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 61
  • Final Value: 153,389
  • High Value: 194,419
  • Low Value: 112,358

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,892
  • First Open Lien Mortgage Lender: RAPID MORTGAGE COMPANY
  • First Open Lien Mortgage Recording Date: Jun 21, 2021
  • First Open Lien Mortgage Loan Amount: $150,892
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $110,000
  • Market Land Value: $23,900
  • Market Improvement Value: $86,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $38,500
  • Assessed Land Value: $8,365
  • Assessed Improvements Value: $30,135

    Sales

  • Current Sale Contract Date: Jun 15, 2021
  • Current Sale Recording Date: Jun 21, 2021
  • Current Sale Transaction ID: 11844819468
  • Current Sale Price: $147,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202106210834
  • Previous Sale Recording Date: Aug 12, 2013
  • Previous Sale Contract Date: Aug 09, 2013
  • Previous Sale Amount: $62,000
  • Previous Sale Document Type: Fiduciary Deed

    Last Sale Mortgage

  • First Mortgage Lender: RAPID MORTGAGE COMPANY
  • First Mortgage Transaction Date: Jun 21, 2021
  • First Mortgage Loan Amount: $150,892
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: UNION HOME MORTGAGE CORP
  • Previous Mortgage Transaction Date: Aug 12, 2013
  • Previous Mortgage Loan Amount: $49,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2043

About Parma



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Frequently Asked Questions

What neighborhood is 5264 West 50th Street located in?
The 5264 West 50th Street is a located in the neighborhood of Parma in Parma, Cleveland.
What is the average sales price for listings in 5264 West 50th Street?
The average sales price for units in 5264 West 50th Street is $0 currently.

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