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8116 Ivandale Drive

8116 Ivandale Drive, Cleveland, OH 44129
Property in Parma
Sold Apr 28, 2017
$137,500
$132,554 by Union Capital Mortgage Corp
Mortgage Due May 01, 2047
Sold Jun 06, 2016
$67,000
$75,000 by Equity Trust Company
Mortgage Due May 31, 2017
8116 Ivandale Drive in Cleveland, OH was first built in 1951 and is 73 years old. Although, the building on the property was most recently renovated and altered in 1965. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Cape Cod style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 8116 Ivandale Drive has 1,432 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 400 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 4,800 square feet.

Learn more about the property and building on this page. The home has a gable 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 280 sqft. There is one available parking space. 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 average. 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, 8116 Ivandale Drive sold most recently in Apr 27, 2017 for a total of $137,500. If you work out the math, that's approximately a cost of $60.31 per sqft. Before that, the property was also sold for $67,000 in May 27, 2016. 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 $3,851 in taxes each year. 8116 Ivandale Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $54,600. If we break it down further, the land itself was valued at $9,275. Improvements to the property, however, were assessed at a total of $45,325. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1951
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • 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: Unspecified basement
  • Basement Area: 848
  • Garage Type: Detached
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,800
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,280
  • Gross Building Area: 2,280
  • Building Area: 1,432
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,432
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RDG#3
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1 RDG#3 3825 ALL

Ownership

  • Current Owner : LACHOWSKI KEVIN S
  • Previous Owner : WESTLAKE SHADOW CREEK LLC
  • Owner Before Previous Owner: US BANK NA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Parma City School District
  • School Tax School District: PARMA CSD
  • Census Tract: 177404

Zoning

  • Zoning: SF-B

Geography

  • Assessors Map Reference: 449-14
  • Parcel: 449-14-020
  • Lot: 3825
  • Municipality: PARMA
  • Latitude: 41.3942
  • Longitude: -81.7413

    Address

  • Full Address: 8116 Ivandale Dr
  • Address - House Number: 8116
  • Address - Street Name: Ivandale
  • Address - Suffix Type: Dr
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C023
  • 4-Digit Zip Code: 4312
  • Zip Code: 44129

Valuation

    Tax

  • Total Area: 1,272
  • Tax Year: 2022
  • Tax Amount: $3,851
  • Tax Rate Code Area: PARMA

    Appraisal Valuation

  • Standard Deviation: 0.2684
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 61
  • Final Value: 216,268
  • High Value: 274,322
  • Low Value: 158,214

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $132,554
  • First Open Lien Mortgage Lender: UNION CAPITAL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 28, 2017
  • First Open Lien Mortgage Loan Amount: $132,554
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2047

    Market Valuation

  • Market Total Value: $156,000
  • Market Land Value: $26,500
  • Market Improvement Value: $129,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $54,600
  • Assessed Land Value: $9,275
  • Assessed Improvements Value: $45,325

    Sales

  • Current Sale Contract Date: Apr 27, 2017
  • Current Sale Recording Date: Apr 28, 2017
  • Current Sale Transaction ID: 1811591928
  • Current Sale Price: $137,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201704280254
  • Previous Sale Recording Date: Jun 06, 2016
  • Previous Sale Contract Date: May 27, 2016
  • Previous Sale Amount: $67,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNION CAPITAL MORTGAGE CORP
  • First Mortgage Transaction Date: Apr 28, 2017
  • First Mortgage Loan Amount: $132,554
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: EQUITY TRUST COMPANY
  • Previous Mortgage Transaction Date: Jun 06, 2016
  • Previous Mortgage Loan Amount: $75,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 31, 2017

About Parma



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Frequently Asked Questions

What neighborhood is 8116 Ivandale Drive located in?
The 8116 Ivandale Drive is a located in the neighborhood of Parma in Parma, Cleveland.
What is the average sales price for listings in 8116 Ivandale Drive?
The average sales price for units in 8116 Ivandale Drive is $0 currently.

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