1012 Prospect Avenue has been categorized by the local assessors in Cleveland, OH as a exempt type of property.
The building on the property was first built in 1917 and is 107 years old.
However, we must point out that the home was most recently renovated and altered in 1962.
The building has a total of 11 stories.
In addition, 1012 Prospect Avenue has 249,192 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
Those looking for additional storage or space will be happy to hear that there is a full basement that is 36,312 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage.
The area measurement of the land has been determined as 39,660 square feet.
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 attached garage for those who require parking. The garage measured 36,312 sqft. 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 concrete block control joints. The building has a flat style roof made of composition shingle. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a steam heating system. 1012 Prospect Avenue was last assessed in 2022. The total value of the property was assessed at $2,773,960. Specifically, the land the property is located on was valued at $624,645. While improvements on the property were assessed at a total of $2,149,315. 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 $289,516. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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.
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 attached garage for those who require parking. The garage measured 36,312 sqft. 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 concrete block control joints. The building has a flat style roof made of composition shingle. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a steam heating system. 1012 Prospect Avenue was last assessed in 2022. The total value of the property was assessed at $2,773,960. Specifically, the land the property is located on was valued at $624,645. While improvements on the property were assessed at a total of $2,149,315. 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 $289,516. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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.
1012 Prospect Avenue, Cleveland, OH 44115
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0 Past Sales
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