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1618 Grantwood Drive

1618 Grantwood Drive, Cleveland, OH 44134
Property in Parma
Sold May 21, 2019
$107,000
$101,250 by Northwest Bank
Mortgage Due Jun 01, 2049
Sold May 15, 2013
$104,000
$102,116 by Residential Finance Corp
Mortgage Due Jun 01, 2043
Local assessors in Cleveland, OH have categorized 1618 Grantwood Drive as a residential type of property. The home was built in 1950 and is 74 years old. It was most recently renovated and altered in 1965. The property's lot size has been calculated to be 12,450 square feet. The linear feet between the front and back of the lot was measured at 2,490 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1618 Grantwood Drive has a total of 948 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 948 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 280 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on no 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1618 Grantwood Drive was last sold in May 16, 2019 for $107,000. According to our calculations, that's $56.43 per sqft. Prior to that sales transaction, the property was sold for $104,000 in May 15, 2013. Current property owners are expected to pay $3,412 in taxes per year. The property on 1618 Grantwood Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $48,685. To break that down further, the land itself was valued at $9,590. While improvements to the property were assessed at a total of $39,095. 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. 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. 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: 1950
  • Effective Year Built: 1965
  • 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: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 948
  • Garage Type: Detached
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 12,450
  • Lot Size Depth Feet: 2,490
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,896
  • Gross Building Area: 1,896
  • Building Area: 948
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 948
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FT W OF BROADVIEW
  • Land Acres: 0.286
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLAKE O/L16 WP769.15 FT W OF BROADVIEW RD

Ownership

  • Current Owner : DREW SCOTT ALLEN
  • Previous Owner : DREW GREGORY A
  • Previous Owner 2: HOLLIS MICHELLE
  • Owner Before Previous Owner: BALDWIN TODD J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Parma City School District
  • School Tax School District: PARMA CSD
  • Census Tract: 177302

Zoning

  • Zoning: SF-A

Geography

  • Assessors Map Reference: 445-34
  • Parcel: 445-34-041
  • Lot: 16
  • Municipality: PARMA
  • Latitude: 41.3967
  • Longitude: -81.6906

    Address

  • Full Address: 1618 Grantwood Dr
  • Address - House Number: 1618
  • Address - Street Name: Grantwood
  • Address - Suffix Type: Dr
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C033
  • 4-Digit Zip Code: 4034
  • Zip Code: 44134

Valuation

    Tax

  • Total Area: 948
  • Tax Year: 2022
  • Tax Amount: $3,412
  • Tax Rate Code Area: PARMA

    Appraisal Valuation

  • Standard Deviation: 0.0099
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 94
  • Final Value: 170,000
  • High Value: 190,000
  • Low Value: 151,000

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $101,250
  • First Open Lien Mortgage Lender: NORTHWEST BANK
  • First Open Lien Mortgage Recording Date: May 21, 2019
  • First Open Lien Mortgage Loan Amount: $101,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2049

    Market Valuation

  • Market Total Value: $139,100
  • Market Land Value: $27,400
  • Market Improvement Value: $111,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,685
  • Assessed Land Value: $9,590
  • Assessed Improvements Value: $39,095

    Sales

  • Current Sale Contract Date: May 16, 2019
  • Current Sale Recording Date: May 21, 2019
  • Current Sale Transaction ID: 11613085972
  • Current Sale Price: $107,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201905210589
  • Previous Sale Recording Date: May 15, 2013
  • Previous Sale Contract Date: May 15, 2013
  • Previous Sale Amount: $104,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORTHWEST BANK
  • First Mortgage Transaction Date: May 21, 2019
  • First Mortgage Loan Amount: $101,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: RESIDENTIAL FINANCE CORP
  • Previous Mortgage Transaction Date: May 15, 2013
  • Previous Mortgage Loan Amount: $102,116
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2043

About Parma



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Frequently Asked Questions

What neighborhood is 1618 Grantwood Drive located in?
The 1618 Grantwood Drive is a located in the neighborhood of Parma in Parma, Cleveland.
What is the average sales price for listings in 1618 Grantwood Drive?
The average sales price for units in 1618 Grantwood Drive is $0 currently.

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