6242 RdgParma, OH 44129

  • Residential income properties
  • 2,916 SF
Off market
$70,555 Estimated

Property Details for 6242 Rdg

Year built
1945
Construction
WOOD
Lot size
0.35 AC
Property size (Sq ft)
2,916 SF
Zone code
MF-1
Property type
Residential income properties
Property subtype
Residential income homes
APN
449-13-007
APU
44913007

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $650,489
    6.5%
    $600,452
    7%
    $557,562
  • Comparable approach

    Method
    Valuation
    Relative Method
    $422,782
    Geo Method
    $422,782
  • Alternative Use

    Use
    Valuation
    Residential
    $600,452
    Hospitality
    $550,010
    Educational
    $457,602
    Medical
    $473,340
    Retail
    $711,826
6242 Rdg, Parma, Ohio

Location Insight

City
Parma
County
Cuyahoga
State
Ohio
Latitude
41.3938
Longitude
-81.735
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $33,460
  • Assessed land value
    $24,850
  • Assessed value
    $58,310
  • Tax year
    2023
  • Tax bill
    $5,069

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