Check Availability

8510 Fernhill Avenue

8510 Fernhill Avenue, Cleveland, OH 44129
Property in Parma
Sold May 23, 2008
$72,000
$62,000 by Firstmerit Mortgage Corp
Mortgage Due Jun 01, 2038
Sold Nov 07, 1989
$50,000
8510 Fernhill Avenue in Cleveland, OH was first built in 1924 and is 100 years old. Although, the building on the property was most recently renovated and altered in 1962. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 8510 Fernhill Avenue has 935 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 450 ft and the linear feet between the front and back of the lot is 1,460. In total, the area measurement of the land is 6,278 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. 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 480 sqft. There are a total of 2 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 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 no air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. The property was last sold in May 23, 2008 for $72,000. That's $38.50 per sqft. Prior to that sales transaction, the property was also sold in Nov 7, 1989 for $50,000. 8510 Fernhill Avenue was last assessed in 2022. The total value of the property was assessed at $34,650. Specifically, the land the property is located on was valued at $9,660. While improvements on the property were assessed at a total of $24,990. 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 $2,505. 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. 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: 1924
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 935
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,278
  • Lot Size Depth Feet: 1,460
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,870
  • Gross Building Area: 2,055
  • Building Area: 935
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 935
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FOREST
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1-2 FOREST LAWN 0069 ALL

Ownership

  • Current Owner : GEHRKE LINDA M
  • Previous Owner : GIBBONS JAMES R
  • Owner Before Previous Owner: PRINZ RUTH H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Parma City School District
  • School Tax School District: PARMA CSD
  • Census Tract: 177103

Zoning

  • Zoning: SF-B

Geography

  • Assessors Map Reference: 442-22
  • Parcel: 442-22-113
  • Lot: 69
  • Municipality: PARMA
  • Latitude: 41.4118
  • Longitude: -81.7445

    Address

  • Full Address: 8510 Fernhill Ave
  • Address - House Number: 8510
  • Address - Street Name: Fernhill
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C011
  • 4-Digit Zip Code: 2016
  • Zip Code: 44129

Valuation

    Tax

  • Total Area: 935
  • Tax Year: 2022
  • Tax Amount: $2,505
  • Tax Rate Code Area: PARMA

    Appraisal Valuation

  • Standard Deviation: 0.2674
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 61
  • Final Value: 153,306
  • High Value: 194,314
  • Low Value: 112,297

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $95,000
  • First Open Lien Mortgage Lender: FIRSTMERIT MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: May 23, 2008
  • First Open Lien Mortgage Loan Amount: $62,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2038
  • Second Open Lien Mortgage Lender: DOLLAR BANK FSB
  • Second Open Lien Mortgage Recording Date: Aug 18, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $33,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $99,000
  • Market Land Value: $27,600
  • Market Improvement Value: $71,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $34,650
  • Assessed Land Value: $9,660
  • Assessed Improvements Value: $24,990

    Sales

  • Current Sale Contract Date: May 23, 2008
  • Current Sale Recording Date: May 23, 2008
  • Current Sale Transaction ID: 1136945240
  • Current Sale Price: $72,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200805230386
  • Previous Sale Recording Date: Nov 07, 1989
  • Previous Sale Contract Date: Nov 07, 1989
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRSTMERIT MORTGAGE CORP
  • First Mortgage Transaction Date: May 23, 2008
  • First Mortgage Loan Amount: $62,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jun 01, 2038

About Parma



Similar Buildings

Property at 8510 Fernhill Avenue,

7911 Theota Avenue

  • 1 Unit for Sale
  • 2 Stories
7911 Theota Avenue, Cleveland, OH 44129 House in Parma
Property at 8510 Fernhill Avenue,

5714 Pearl Road

  • 1 Unit for Sale
  • 2 Stories
5714 Pearl Road, Cleveland, OH 44129 Commercial in Parma
Property at 8510 Fernhill Avenue,

5510 Pearl Road

  • 1 Unit for Sale
  • 3 Stories
5510 Pearl Road, Cleveland, OH 44129 Commercial in Parma
Property at 8510 Fernhill Avenue,

7824 Dresden Avenue

  • 1 Unit for Sale
  • 1 Story
7824 Dresden Avenue, Cleveland, OH 44129 House in Parma
Property at 8510 Fernhill Avenue,

7111 Westlake Avenue

  • 1 Unit for Sale
  • 2 Stories
7111 Westlake Avenue, Cleveland, OH 44129 House in Parma
Property at 8510 Fernhill Avenue,

9621 Elsmere Drive

  • 1 Unit for Sale
  • 2 Stories
9621 Elsmere Drive, Cleveland, OH 44130 House in Parma
Property at 8510 Fernhill Avenue,

5393 Pearl Road

  • 1 Unit for Sale
  • 2 Stories
5393 Pearl Road, Cleveland, OH 44129 Commercial in Parma
Property at 8510 Fernhill Avenue,

5922 Deering Avenue

  • 1 Unit for Sale
  • 1 Story
5922 Deering Avenue, Cleveland, OH 44130 House in Parma
Property at 8510 Fernhill Avenue,

9520 Eureka Parkway

  • 1 Unit for Sale
  • 1 Story
9520 Eureka Parkway, Cleveland, OH 44130 House in Parma

Nearby Rentals

Unit for rent at 5304 Archmere Avenue, Cleveland, OH, 44144

$1,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,020 ft²
5304 Archmere Avenue, Cleveland, OH, 44144 Listing by Nicholas Chmielewski

Frequently Asked Questions

What neighborhood is 8510 Fernhill Avenue located in?
The 8510 Fernhill Avenue is a located in the neighborhood of Parma in Parma, Cleveland.
What is the average sales price for listings in 8510 Fernhill Avenue?
The average sales price for units in 8510 Fernhill Avenue is $0 currently.

Quantcast