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7242 Parma Park Boulevard

7242 Parma Park Boulevard, Cleveland, OH 44130
Property in Parma
Sold Jul 06, 2011
$57,499
Seller
$101,400 by Rocket Mortgage Llc
Mortgage Due Nov 01, 2052
Sold Nov 15, 2010
$60,000
7242 Parma Park Boulevard in Cleveland, OH was first built in 1948 and is 76 years old. Although, the building on the property was most recently renovated and altered in 1963. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7242 Parma Park Boulevard has 1,410 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 500 ft and the linear feet between the front and back of the lot is 2,040. In total, the area measurement of the land is 10,200 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. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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 materials we are unsure of. 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. The property was last sold in Jun 13, 2011 for $57,499. That's $40.78 per sqft. Prior to that sales transaction, the property was also sold in Nov 8, 2010 for $60,000. 7242 Parma Park Boulevard was last assessed in 2022. The total value of the property was assessed at $47,460. Specifically, the land the property is located on was valued at $10,920. While improvements on the property were assessed at a total of $36,540. 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 $3,335. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1948
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • 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: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,200
  • Lot Size Depth Feet: 2,040
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,410
  • Gross Building Area: 1,410
  • Building Area: 1,410
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,410
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ORCHARD A#3
  • Land Acres: 0.234
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 22 ORCHARD A#3 0567 ALL

Ownership

  • Current Owner : HOLMAN JASON C
  • Previous Owner : FANNIE MAE
  • Owner Before Previous Owner: FOLGER DOUGLAS K
  • Owner Before Previous Owner 2: FOLGER KIMBERLY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Parma City School District
  • School Tax School District: PARMA CSD
  • Census Tract: 177604

Zoning

  • Zoning: SF-A

Geography

  • Assessors Map Reference: 457-37
  • Parcel: 457-37-070
  • Lot: 567
  • Municipality: PARMA
  • Latitude: 41.368
  • Longitude: -81.7767

    Address

  • Full Address: 7242 Parma Park Blvd
  • Address - House Number: 7242
  • Address - Street Name: Parma Park
  • Address - Suffix Type: Blvd
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C054
  • 4-Digit Zip Code: 5011
  • Zip Code: 44130

Valuation

    Tax

  • Total Area: 1,410
  • Tax Year: 2022
  • Tax Amount: $3,335
  • Tax Rate Code Area: PARMA

    Appraisal Valuation

  • Standard Deviation: 0.2674
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 61
  • Final Value: 204,674
  • High Value: 259,423
  • Low Value: 149,925

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $101,400
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 28, 2022
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $101,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2052

    Market Valuation

  • Market Total Value: $135,600
  • Market Land Value: $31,200
  • Market Improvement Value: $104,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $47,460
  • Assessed Land Value: $10,920
  • Assessed Improvements Value: $36,540

    Sales

  • Current Sale Contract Date: Jun 13, 2011
  • Current Sale Recording Date: Jul 06, 2011
  • Current Sale Transaction ID: 1136480581
  • Current Sale Price: $57,499
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 201107060570
  • Previous Sale Recording Date: Nov 15, 2010
  • Previous Sale Contract Date: Nov 08, 2010
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: PNC MORTGAGE LLC
  • First Mortgage Transaction Date: Jul 06, 2011
  • First Mortgage Loan Amount: $54,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2041

About Parma



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Frequently Asked Questions

What neighborhood is 7242 Parma Park Boulevard located in?
The 7242 Parma Park Boulevard is a located in the neighborhood of Parma in Parma, Cleveland.
What is the average sales price for listings in 7242 Parma Park Boulevard?
The average sales price for units in 7242 Parma Park Boulevard is $0 currently.

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