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8431 Thornton Drive

8431 Thornton Drive, Cleveland, OH 44129
House in Parma
Sold Apr 19, 2021
$168,000
$157,102 by Fairway Independent Mortgage C
Mortgage Due May 01, 2051
Sold Aug 03, 2020
$102,500
Local assessors in Cleveland, OH have categorized 8431 Thornton Drive as a residential type of property. The home was built in 1955 and is 69 years old. It was most recently renovated and altered in 1970. The property's lot size has been calculated to be 11,440 square feet. The linear feet between the front and back of the lot was measured at 1,430 ft and the front of the lot was measured at 800 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, 2 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 8431 Thornton Drive has a total of 1,450 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 attached garage for those who need a place to park their vehicle. The garage on the property is 216 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 hip 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. 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, 8431 Thornton Drive was last sold in Apr 16, 2021 for $168,000. According to our calculations, that's $100.84 per sqft. Prior to that sales transaction, the property was sold for $102,500 in Jul 29, 2020. Current property owners are expected to pay $2,888 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2019. The property on 8431 Thornton Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $39,410. To break that down further, the land itself was valued at $15,155. While improvements to the property were assessed at a total of $24,255. 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.

Building Features

Exterior

Brick Exterior
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: Brick
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 216
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 11,440
  • Lot Size Depth Feet: 1,430
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,666
  • Gross Building Area: 1,666
  • Building Area: 1,450
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,450
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TUXLK#2
  • Land Acres: 0.263
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2 TUXLK#2 0069 ALL

Ownership

  • Current Owner : ONEILL JODI L
  • Previous Owner : RUGGIERO DANIELA
  • Owner Before Previous Owner: SCHAEFFER RONALD B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Parma City School District
  • School Tax School District: PARMA CSD
  • Census Tract: 177403

Zoning

  • Zoning: SF-A

Geography

  • Assessors Map Reference: 449-09
  • Parcel: 449-09-010
  • Lot: 69
  • Municipality: PARMA
  • Latitude: 41.3993
  • Longitude: -81.7442

    Address

  • Full Address: 8431 Thornton Dr
  • Address - House Number: 8431
  • Address - Street Name: Thornton
  • Address - Suffix Type: Dr
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C009
  • 4-Digit Zip Code: 3503
  • Zip Code: 44129

Valuation

    Tax

  • Total Area: 1,450
  • Tax Year: 2022
  • Tax Amount: $2,888
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: PARMA

    Appraisal Valuation

  • Standard Deviation: 0.0695
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 97
  • Final Value: 181,000
  • High Value: 206,000
  • Low Value: 158,000

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $157,102
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Apr 19, 2021
  • First Open Lien Mortgage Loan Amount: $157,102
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $112,600
  • Market Land Value: $43,300
  • Market Improvement Value: $69,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $39,410
  • Assessed Land Value: $15,155
  • Assessed Improvements Value: $24,255

    Sales

  • Current Sale Contract Date: Apr 16, 2021
  • Current Sale Recording Date: Apr 19, 2021
  • Current Sale Transaction ID: 11834395784
  • Current Sale Price: $168,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202104190660
  • Previous Sale Recording Date: Aug 03, 2020
  • Previous Sale Contract Date: Jul 29, 2020
  • Previous Sale Amount: $102,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Apr 19, 2021
  • First Mortgage Loan Amount: $157,102
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2051

About Parma



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Frequently Asked Questions

What neighborhood is 8431 Thornton Drive located in?
The 8431 Thornton Drive is a house located in the neighborhood of Parma in Parma, Cleveland.
What is the average sales price for listings in 8431 Thornton Drive?
The average sales price for units in 8431 Thornton Drive is $0 currently.

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