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3062 West 116th Street

3062 West 116th Street, Cleveland, OH 44111
Property in Cudell
Sold Nov 05, 2004
$60,000
$54,000 by Home Mortgage Assured Corp
Mortgage Due Dec 01, 2034
Sold Oct 26, 1977
$24,000
3062 West 116th Street has been categorized by the local assessors in Cleveland, OH as a residential type of property. The building on the property was first built in 1916 and is 108 years old. However, we must point out that the home was most recently renovated and altered in 1962. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 3062 West 116th Street has 1,162 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 350 ft. The area measurement of the land has been determined as 4,200 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 198 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of materials we are unsure of. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a storm sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though you may still need to pay additional fees to have your wastewater disposed in this manner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3062 West 116th Street was last sold in Nov 4, 2004 for $60,000. According to our calculations, that's $34.52 per sqft. Prior to that sales transaction, the property was sold for $24,000 in Oct 26, 1977. Current property owners are expected to pay $1,566 in taxes per year. The property on 3062 West 116th Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $20,755. To break that down further, the land itself was valued at $5,110. While improvements to the property were assessed at a total of $15,645. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1916
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 576
  • Garage Type: Detached
  • Garage Square Area: 198
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,200
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 350
  • Total Building Area: 1,738
  • Gross Building Area: 1,738
  • Building Area: 1,162
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,162
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CHRCORESUB#2
  • Land Acres: 0.096
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 7 CHRCORESUB#2 0814 ALL

Ownership

  • Current Owner : CUCCI SALVATORE A
  • Current Owner 2: CUCCI DAWN M
  • Previous Owner : BARRETO SARA
  • Owner Before Previous Owner: CERCEK JOHN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cleveland Municipal School District
  • School Tax School District: CLEVELAND MSD
  • Census Tract: 101400

Zoning

  • Zoning: 2F

Geography

  • Assessors Map Reference: 005-07
  • Parcel: 005-07-028
  • Lot: 814
  • Municipality: CLEVELAND
  • Latitude: 41.4691
  • Longitude: -81.768

    Address

  • Full Address: 3062 W 116th St
  • Address - House Number: 3062
  • Street Direction: W
  • Address - Street Name: 116th
  • Address - Suffix Type: St
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C006
  • 4-Digit Zip Code: 1853
  • Zip Code: 44111

Valuation

    Tax

  • Total Area: 1,162
  • Tax Year: 2022
  • Tax Amount: $1,566
  • Tax Rate Code Area: CLEVELAND

    Appraisal Valuation

  • Standard Deviation: 0.1986
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 31
  • Final Value: 106,000
  • High Value: 118,000
  • Low Value: 94,000

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $54,000
  • First Open Lien Mortgage Lender: HOME MORTGAGE ASSURED CORP
  • First Open Lien Mortgage Recording Date: Nov 05, 2004
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $54,000
  • 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: Dec 01, 2034

    Market Valuation

  • Market Total Value: $59,300
  • Market Land Value: $14,600
  • Market Improvement Value: $44,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,755
  • Assessed Land Value: $5,110
  • Assessed Improvements Value: $15,645

    Sales

  • Current Sale Contract Date: Nov 04, 2004
  • Current Sale Recording Date: Nov 05, 2004
  • Current Sale Transaction ID: 1137040359
  • Current Sale Price: $60,000
  • Current Sale Document Type: Survivorship Deed
  • Current Sale Input Document Number: 200411051055
  • Previous Sale Recording Date: Oct 26, 1977
  • Previous Sale Contract Date: Oct 26, 1977
  • Previous Sale Amount: $24,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME MORTGAGE ASSURED CORP
  • First Mortgage Transaction Date: Nov 05, 2004
  • First Mortgage Loan Amount: $54,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Dec 01, 2034

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Cudell



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Frequently Asked Questions

What neighborhood is 3062 West 116th Street located in?
The 3062 West 116th Street is a located in the neighborhood of Cudell in Cudell, Cleveland.
What is the average sales price for listings in 3062 West 116th Street?
The average sales price for units in 3062 West 116th Street is $0 currently.

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