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8050 Montello Road

8050 Montello Road, Independence, OH 44131
Property in Independence
Sold Jul 28, 2017
$268,000
$214,400 by Us Bank Na
Mortgage Due Aug 01, 2047
Sold Aug 12, 2009
$225,000
$179,000 by Third Fsla Of Cleveland
Mortgage Due Sep 01, 2039
Local assessors in Independence, OH have categorized 8050 Montello Road as a residential type of property. The home was built in 1956 and is 68 years old. It was most recently renovated and altered in 1984. The property's lot size has been calculated to be 39,375 square feet. The linear feet between the front and back of the lot was measured at 3,750 ft and the front of the lot was measured at 1,050 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler 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 are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8050 Montello Road has a total of 1,625 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 attached garage for those who need a place to park their vehicle. The garage on the property is 484 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 - B. The building has a hip 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. 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, 8050 Montello Road sold most recently in Jul 28, 2017 for a total of $268,000. If you work out the math, that's approximately a cost of $74.63 per sqft. Before that, the property was also sold for $225,000 in Aug 6, 2009. 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 $4,734 in taxes each year. 8050 Montello Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $90,440. If we break it down further, the land itself was valued at $22,330. Improvements to the property, however, were assessed at a total of $68,110. 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. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • 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: 1,482
  • Garage Type: Attached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 39,375
  • Lot Size Depth Feet: 3,750
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 3,591
  • Gross Building Area: 3,591
  • Building Area: 1,625
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,625
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DALEBRKEST#20064
  • Land Acres: 0.904
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TR 3 35& DALEBRKEST#20064 ALL

Ownership

  • Current Owner : CLAY JAMES A
  • Current Owner 2: CLAY EMILY A
  • Previous Owner : TWARDZIK ANDREW J
  • Owner Before Previous Owner: DERBIN STANLEY J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Independence Local School District
  • School Tax School District: INDEPENDENCE SD
  • Census Tract: 156102

Zoning

  • Zoning: U-1

Geography

  • Assessors Map Reference: 564-13
  • Subdivision Tract Number: 3
  • Parcel: 564-13-042
  • Lot: 64
  • Municipality: INDEPENDENCE
  • Latitude: 41.3549
  • Longitude: -81.6254

    Address

  • Full Address: 8050 Montello Rd
  • Address - House Number: 8050
  • Address - Street Name: Montello
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: Independence
  • Carrier Code: C013
  • 4-Digit Zip Code: 6636
  • Zip Code: 44131

Valuation

    Tax

  • Total Area: 1,625
  • Tax Year: 2022
  • Tax Amount: $4,734
  • Tax Rate Code Area: INDEPENDEN

    Appraisal Valuation

  • Standard Deviation: 0.2445
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 65
  • Final Value: 371,009
  • High Value: 461,752
  • Low Value: 280,267

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $214,400
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Jul 28, 2017
  • First Open Lien Mortgage Loan Amount: $214,400
  • 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: Aug 01, 2047

    Market Valuation

  • Market Total Value: $258,400
  • Market Land Value: $63,800
  • Market Improvement Value: $194,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $90,440
  • Assessed Land Value: $22,330
  • Assessed Improvements Value: $68,110

    Sales

  • Current Sale Contract Date: Jul 28, 2017
  • Current Sale Recording Date: Jul 28, 2017
  • Current Sale Transaction ID: 1732820658
  • Current Sale Price: $268,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201707280477
  • Previous Sale Recording Date: Aug 12, 2009
  • Previous Sale Contract Date: Aug 06, 2009
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: Fiduciary Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Jul 28, 2017
  • First Mortgage Loan Amount: $214,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: THIRD FSLA OF CLEVELAND
  • Previous Mortgage Transaction Date: Aug 12, 2009
  • Previous Mortgage Loan Amount: $179,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2039

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Frequently Asked Questions

What neighborhood is 8050 Montello Road located in?
The 8050 Montello Road is a located in the neighborhood of Independence in Independence, Independence.
What is the average sales price for listings in 8050 Montello Road?
The average sales price for units in 8050 Montello Road is $0 currently.

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