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5931 Monica Lane

5931 Monica Lane, Cleveland, OH 44125
Property in Garfield Heights
Sold Dec 20, 2016
$98,000
$114,400 by Huntington National Bank
Mortgage Due Jul 01, 2052
Sold Aug 24, 1998
$114,900
$103,400 by Third Fsla Of Cleveland
Mortgage
Local assessors in Cleveland, OH have categorized 5931 Monica Lane as a residential type of property. The home was built in 1953 and is 71 years old. It was most recently renovated and altered in 1968. The property's lot size has been calculated to be 8,000 square feet. The linear feet between the front and back of the lot was measured at 1,600 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5931 Monica Lane has a total of 1,708 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 832 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a storm sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 546 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Dec 19, 2016 for $98,000. That's $38.58 per sqft. Prior to that sales transaction, the property was also sold in Aug 18, 1998 for $114,900. 5931 Monica Lane was last assessed in 2022. The total value of the property was assessed at $35,315. Specifically, the land the property is located on was valued at $7,350. While improvements on the property were assessed at a total of $27,965. 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 $3,827. 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.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • 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: 832
  • Garage Type: Detached
  • Garage Square Area: 546
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,000
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,540
  • Gross Building Area: 2,540
  • Building Area: 1,708
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,708
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MONICA LANE
  • Land Acres: 0.184
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2 MONICALANE 0007 ALL

Ownership

  • Current Owner : NEWLIN DANIEL A
  • Previous Owner : LICHT LISA E
  • Owner Before Previous Owner: STOVER JULIE E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Garfield Heights City School District
  • School Tax School District: GARFIELD HTS
  • Census Tract: 154604

Zoning

  • Zoning: U-1

Geography

  • Assessors Map Reference: 543-26
  • Subdivision Tract Number: 2
  • Parcel: 543-26-007
  • Lot: 7
  • Municipality: GARFIELD HTS.
  • Latitude: 41.4032
  • Longitude: -81.585

    Address

  • Full Address: 5931 Monica Ln
  • Address - House Number: 5931
  • Address - Street Name: Monica
  • Address - Suffix Type: Ln
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C024
  • 4-Digit Zip Code: 5103
  • Zip Code: 44125

Valuation

    Tax

  • Total Area: 1,708
  • Tax Year: 2022
  • Tax Amount: $3,827
  • Tax Rate Code Area: GARFIELD H

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 9
  • Final Value: 122,730
  • High Value: 178,548
  • Low Value: 66,911

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $114,400
  • First Open Lien Mortgage Lender: HUNTINGTON NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jul 06, 2022
  • First Open Lien Mortgage Loan Amount: $114,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2052

    Market Valuation

  • Market Total Value: $100,900
  • Market Land Value: $21,000
  • Market Improvement Value: $79,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $35,315
  • Assessed Land Value: $7,350
  • Assessed Improvements Value: $27,965

    Sales

  • Current Sale Contract Date: Dec 19, 2016
  • Current Sale Recording Date: Dec 20, 2016
  • Current Sale Transaction ID: 1933894232
  • Current Sale Price: $98,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201612200341
  • Previous Sale Recording Date: Aug 24, 1998
  • Previous Sale Contract Date: Aug 18, 1998
  • Previous Sale Amount: $114,900
  • Previous Sale Document Type: Survivorship Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • First Mortgage Transaction Date: Dec 20, 2016
  • First Mortgage Loan Amount: $96,224
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: THIRD FSLA OF CLEVELAND
  • Previous Mortgage Transaction Date: Aug 24, 1998
  • Previous Mortgage Loan Amount: $103,400
  • Previous Mortgage Term: 360

About Garfield Heights



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Frequently Asked Questions

What neighborhood is 5931 Monica Lane located in?
The 5931 Monica Lane is a located in the neighborhood of Garfield Heights in Garfield Heights, Cleveland.
What is the average sales price for listings in 5931 Monica Lane?
The average sales price for units in 5931 Monica Lane is $0 currently.

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