562 Richmond Rd Richmond Heights, OH 44143-2906
Property profile & analytics
562 Richmond Rd, Richmond Heights, OH 44143-2906
- Assisted living facilities
- 21,264 SF
- 10.68 lot acres
Property ID
US66-2423053
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Assisted living facilities
Property Details for 562 Richmond Rd
- Year built
- 1999
- Construction
- WOOD
- Lot size
- 10.68 lot acres
- Zone code
- RS
- Property type
- Assisted living facilities
- Property subtype
- Retirement homes
- APN
- 662-14-001
- APU
- 66214001
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 29, 2024 | — | Rh Flealthcare LLC | — | Deed · related | $5M · United Banc |
| Dec 29, 2023 | $4,500,000 | Rh Healthcare LLC | Fv Investments Richmond LLC | Limited Warranty Deed | $4.8M · Sam Petrso |
| Nov 4, 2019 | $6,250,000 | Fv Investments-richmond LLC | Arc Richmond Heights LLC | Grant Deed | $5.8M · First Fin'l Bk&tr |
| Jun 26, 2007 | — | Arc Richmond Heights LLC | American Retirement Corp | Warranty Deed · related | — |
| May 19, 2006 | $400,000 | American Retirement Corp | Stevenson,kenneth A & Winifred I | Warranty Deed | — |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,200,000
- ML approach
- $4,055,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,416,000
Market price range: $1.16M - $5.42M -
Alternative Use
- Use
- Estimation
- HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
- $3,035,000 Current use
- RESTAURANT
- $3,585,000 Change: +18% Conversion: Difficult
- OFFICE BUILDING
- $3,440,000 Change: +13% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Richmond Heights
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.4986
- Latitude
- 41.5446
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$246,072
$651,210
$1,798,790
$2,450,000
-
$1,860,600
$5,139,400
$7,000,000
