7240 Ridge Road

7240 Ridge Road in Cleveland, OH was first built in 2004 and is 20 years old. Although, the building on the property was most recently renovated and altered in 2008. 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 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 7240 Ridge Road has 2,288 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 980 ft and the linear feet between the front and back of the lot is 2,100. In total, the area measurement of the land is 20,496 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 detached garage. The garage is 800 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 C. 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 and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7240 Ridge Road sold most recently in Feb 23, 2008 for a total of $195,000. If you work out the math, that's approximately a cost of $56.82 per sqft. Before that, the property was also sold for $75,800 in Sep 20, 1998. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,389 in taxes each year. 7240 Ridge Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $76,230. If we break it down further, the land itself was valued at $11,690. Improvements to the property, however, were assessed at a total of $64,540. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.