Neighborhood Spotlight: Waterford Crossing, Strongsville, Ohio

The Waterford Crossing development in Strongsville, Ohio is a planned community site, situated west of Pearl Rd, south of Drake Rd and bordered by Boston Rd to the north and Prospect Rd at the furthest west-end of the development. There are multiple entry points into the development, with Waterford Parkway at the heart of the development.

Waterford has a nice mix of cluster homes and single family homes of various sizes and price ranges. The development began in 1994, with most homes built between 1994-1998 by several builders which include Parkview Homes, Pulte, Ream, Latina, among others. New construction is still occurring and available in this community.

The community offers a swimming pool, community center, tennis courts, sand volleyball courts, play ground and beautifully-maintained common green areas. The development is close to the highway, shopping, Cleveland International Airport and within 30 minutes of downtown Cleveland. Waterford crossing is in the Strongsville city school district.

Homes in Waterford tend to range in value from the low $200's into the mid-to-upper $300's, with the estate homes reaching into the $600's. The average home sales figure currently hovers around $350,000. The annual association fee is currently $425, and the cluster homes have a $100/month maintenance fee for lanscaping and snow removal services.


Waterford Crossing Association Website

Google Map of Waterford Crossing

Search for Strongsville Homes Currently For Sale

City of Strongsville Website

Strongsville School Ratings

Strongsville Demographics

How to Calculate Property Taxes: Cuyahoga County, Ohio

If you're looking to buy or sell residential real estate, it is recommended that you know what the property taxes for the home will be, at a given price. This post is being written to demystify the calculation of property taxes, to help you determine this important piece of information.

The first step is to find out what the effective tax rate is for the city/school district in which the home is located. The most up-to-date tax rates for Cuyahoga County can be found at:

http://treasurer.cuyahogacounty.us/en-US/community-tax-rates.aspx

Be sure to choose the rate sheet for residential tax rates. Once you have this figure, you can follow the steps below to estimate property taxes.

How to Estimate Property Taxes:

1. Multiply the market value of the home by 35%
2. Select the effective millage (aka effective tax rate) for the community
3. Place $0.0 in front of the millage amount in Step 2
4. Multiply the result of Step 1 and Step 3
5. Divide by two (2) to get the half-year effective taxes
6. Multiply to result of Step 5 by 87.50% to determine the adjusted current general half-year tax (after 10% rollback and 2.5% credit)
7. Add special assessment, if any apply, to get the total tax bill


Here's an Example:

Tax on a $200,000 home in North Royalton, Ohio

1. $200,000 x 0.35 = $70,000
2. Millage for North Royalton 70.03
3. Millage figure to use in calculation is $0.07003
4. $70,000 x $0.07003 = $4,902.10
5. $4,902.10 divided by 2 = $2,451.05
6. $2,451.05 x 0.875 = $2,144.67 adjusted currect half-year taxes
7. Be sure to add and Special Assessment, if applicable

Neighborhood Spotlight: New Hampton, Broadview Heights, Ohio

The New Hampton development in Broadview Heights, Ohio is a 290-acre community developed by Pulte homes. Most of the 500+ homes were built between 2002-2004, which consists of a mix of single family homes and estate homes, along with some town homes and cluster homes, as well. New Hampton is situated at the corner of Broadview Rd and E. Boston Rd. From Broadview Rd., you would enter the development from Hamilton Dr. From E. Boston Rd., there are entrances at Oxford Dr and Wilmington Dr.

The community offers a swimming pool, play ground, community center and walking/nature trails. The develpoment is close to the highway, golf, shopping, Cleveland International Airport and within 30 minutes of downtown Cleveland. New Hampton is in the North Royalton school district.

Single family home prices in New Hampton range from the low $200's to the mid $300's, with a square footage range from approximately 1,800 to 3,500 sq ft. There is an annual home owner's association fee of $350.

The townhome prices range from the low $150's to $170's, ranging from 1500 to 1600 sq ft. In addition to the annual association fee, the townhomes have a $127/month maintenance fee for landscaping, lawn cutting and snow removal.


New Hampton Association Website

Google Map of New Hampton

Search for Broadview Heights Homes Currently For Sale

City of Broadview Heights Website

North Royalton School Ratings

Broadview Heights School Ratings

Broadview Heights Demographics

Neighborhood Spotlight: Pinestream Development, North Royalton, Ohio

The Pinestream development in North Royalton, Ohio is located on the corner of State Rd and Edgerton Rd, near Briarwood golf course. From Edgerton Rd, you would enter on Waterbridge and from State Rd, you would enter from Riverview. The development is within reasonable distance to 77, 71 and the turnpike.

The development has approximately 150 single family homes with minimum sizes of 2,600 Sq ft for a two-story home and 2,300 sq ft for ranches, with most homes averaging over 3,000 sq ft. The lots range from 1/2 acre to 3/4 acre. Some building sites still remain. The homes are relatively new, most of which were built from 1997-2004, with some newer home still being constructed. Sales over the past year or so have ranged from the $330's to $520's.

Home Owner Association fee is around $100 annually.

Pinestream Association Website

Google Map of Pinestream Development

Search for North Royalton Homes Currently For Sale

City of North Royalton Website

North Royalton School Ratings

North Royalton Demographics


For additional information, please feel free to contact me anytime.