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1264 Homestead Road

1264 Homestead Road, Cleveland, OH 44121
Property in South Euclid
Sold Dec 30, 2009
$64,000
Seller
$62,840 by Fifth Third Mortgage Co
Mortgage Due Jan 01, 2040
Sold Aug 26, 2009
$60,000
Local assessors in Cleveland, OH have categorized 1264 Homestead Road as a residential type of property. The home was built in 1947 and is 77 years old. It was most recently renovated and altered in 1963. The property's lot size has been calculated to be 6,840 square feet. The linear feet between the front and back of the lot was measured at 1,520 ft and the front of the lot was measured at 450 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1264 Homestead Road has a total of 1,215 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a storm sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 484 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of asphalt. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. 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, 1264 Homestead Road was last sold in Nov 18, 2009 for $64,000. According to our calculations, that's $31.60 per sqft. Prior to that sales transaction, the property was sold for $60,000 in Aug 24, 2009. Current property owners are expected to pay $3,090 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 1264 Homestead Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $31,360. To break that down further, the land itself was valued at $7,735. While improvements to the property were assessed at a total of $23,625. 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. 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!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: 1947
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Cape Cod
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 810
  • Garage Type: Detached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,840
  • Lot Size Depth Feet: 1,520
  • Lot Size Frontage Feet: 450
  • Total Building Area: 2,025
  • Gross Building Area: 2,245
  • Building Area: 1,215
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,215
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MAYFIELD ON BELVOIR BLVD
  • Land Acres: 0.157
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 62 MAYFONBELV 0642 ALL

Ownership

  • Current Owner : WHITE DAPHNE M
  • Previous Owner : FANNIE MAE
  • Owner Before Previous Owner: HICKS YVONNE A

Neighborhood

  • School District Name: South Euclid-Lyndhurst City School District
  • School Tax School District: SOUTH EUCLID
  • Census Tract: 185103

Zoning

  • Zoning: R-40

Geography

  • Assessors Map Reference: 702-11
  • Parcel: 702-11-013
  • Lot: 642
  • Municipality: SOUTH EUCLID
  • Latitude: 41.5256
  • Longitude: -81.527

    Address

  • Full Address: 1264 Homestead Rd
  • Address - House Number: 1264
  • Address - Street Name: Homestead
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C002
  • 4-Digit Zip Code: 3562
  • Zip Code: 44121

Valuation

    Tax

  • Total Area: 1,215
  • Tax Year: 2022
  • Tax Amount: $3,090
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: SOUTH EUCL

    Appraisal Valuation

  • Standard Deviation: 0.1092
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 91
  • Final Value: 139,000
  • High Value: 154,000
  • Low Value: 126,000

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $78,560
  • First Open Lien Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Dec 30, 2009
  • First Open Lien Mortgage Loan Amount: $62,840
  • 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: Jan 01, 2040
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Jun 05, 2023
  • Second Open Lien Mortgage Loan Amount: $15,720
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2053

    Market Valuation

  • Market Total Value: $89,600
  • Market Land Value: $22,100
  • Market Improvement Value: $67,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $31,360
  • Assessed Land Value: $7,735
  • Assessed Improvements Value: $23,625

    Sales

  • Current Sale Contract Date: Nov 18, 2009
  • Current Sale Recording Date: Dec 30, 2009
  • Current Sale Transaction ID: 1134669245
  • Current Sale Price: $64,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 200912300623
  • Previous Sale Recording Date: Aug 26, 2009
  • Previous Sale Contract Date: Aug 24, 2009
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Correction Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • First Mortgage Transaction Date: Dec 30, 2009
  • First Mortgage Loan Amount: $62,840
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2040

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Frequently Asked Questions

What neighborhood is 1264 Homestead Road located in?
The 1264 Homestead Road is a located in the neighborhood of South Euclid in South Euclid, Cleveland.
What is the average sales price for listings in 1264 Homestead Road?
The average sales price for units in 1264 Homestead Road is $0 currently.

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