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Friday, July 22, 2011

Residential Real Estate Owned by Richmond Heights Government

Below please see the list of 42 residential properties owned by the City of Richmond Heights.  
Special thanks to longtime resident Lee Kinnard in Ward 2 for drawing my attention to this important information while I was campaigning in 2009.
For the residential real estate listed below, the City pays all utilities: electricity, gas, and water.  In addition, the City pays for upkeep – such as grass cutting and snow removal – through the Service Department.  These expenses are not accounted for separately and cannot be easily separated from the City’s overall annual expenses.
As residents and tax-payers, you will not be able to find this list in the City’s most recent audited financial statement dated December 2008 because the assets are not itemized.  As of December 2008, the City of Richmond Heights had total net capital assets of $23.8 million.
To view the 2008 Richmond Heights audit, see the Auditor of State website. 
Copied below are the comments from the Auditor of State in 2008 regarding how Richmond Heights accounts for its property:
Capital Asset Records
·         Depreciation amounts have not changed for assets dated 2004 and earlier.
·         No detail listing exists for 2004 asset additions.
·         Incorrect depreciation amounts were calculated either in the first year or subsequent year of assets.
·         Depreciation amounts were taken for assets whose useful life had already expired.
·         Funds issued by the Ohio Public Works Commission (OPWC) on the City’s behalf for infrastructure projects were not recorded in the City’s financial system and thus not included as asset additions with corresponding depreciation on the City’s capital asset listings.
·         Asset additions included items that were below the capitalization threshold established by the City.
·         The last official inventory taken of assets was performed as of December 31, 2003.
·         The City utilizes several Excel spreadsheets to account for additions and depreciation. These spreadsheets contained incorrect formulas for footing and depreciation calculations.
·         There was some minor consistency issues associated with the useful lives used within the same class of capital assets.






(As of June 23, 2011)
Parcel Number
Address
Date of Transfer
Grantor
Tax Exemption
Comments






661-10-028
26260 Chardon Rd.


Yes













662-24-006
Highland Rd.


Yes













662-24-005
27285 Highland Rd.


Yes













662-24-004
Highland Rd.


Yes













662-23-001
0000 Highland Rd


Yes













662-11-051
Trebisky Rd.


Yes













662-16-092
Highland Rd.


Yes













662-27-002
Hillary Lane

Richmond Run Homeowner Assoc.
Yes













662-22-023
457 Richmond Rd.


Yes*
*Court mistakenly took off tax exempt list when new City Hall built.  Exemption application filed 3/25/09 and granted 3/31/10.












661-21-013
Balmoral Dr.
July 16, 1990
State of Ohio (Foreclosure)
Yes













661-05-016
Richmond Rd.
July 13, 1994
Phillip B. Didonato
Yes







662-04-012
Highland Rd.
July 13, 1994
Sylvester Hall
Yes







662-28-061
0000 Edgewood Rd.
July 13, 1994
Richard E. Dyer & E B Dyer
Yes













661-04-003
Richmond Rd.
July 31, 1994
John V. Obak
Yes













661-02-159
Chardon Rd.
August 30, 1994
Chardon Realty Co.
Yes
Old Agresta landfill site with sanitary pump station.












662-24-003
27223 Highland Rd.
December 6, 1996
Alice Fisco
Yes













661-18-094
Royaloak Rear Blvd.
August 5, 1997
Douglas G. Oviatt Jr.
Yes













662-26-016
0000 Lindsey Lane
July 28, 2000
State of Ohio (Foreclosure)
Yes













661-13-011
ROYAL OAK BLVD
May 11, 2001
Lml Partnership
Yes













Backland at 662-11-014 split off and attached to 662-11-051 (DeSan Park)
497 Trebisky Road (rear)
2004
Estate of Rudolph Medves
Yes













661-08-005
264 Richmond Rd.
October 13, 2004
Anne M. Stevens & Danforth G. Douglas
Yes
Tax exemption granted 3/10/10 retroactive to 2008.


















662-24-002
27211 Highland Rd.
March 30, 2005
Lorna M. Walsh
Yes
Tax exemption granted 6/23/08.












Backland
430 Richmond Rd. (rear)
October 2005
Dana F. Green and Erin M. Green
Yes













662-22-012
434 Richmond Rd.
October 14, 2005
Lorrene A. Arth
Yes
Tax exemption granted 3/10/10 retroactive to 2008.












662-22-011
442 Richmond Rd.
July 21, 2006
 Robert Debelak
Yes
Tax exemption granted 8/26/08.












661-08-040
266 Richmond Rd.
November 15, 2006
John Hocevar
Yes
Tax exemption granted 8/27/08.












662-03-008
Highland Rd.
January 11, 2007
James Knaus
Yes
Tax exemption granted 10/7/09.












661-08-039
Richmond Road
December 28, 2007
County Commissioners
Yes
Tax exemption granted 10/7/09.  (Sanitary sewer easement parcel.)












661-01-010
S/L 10 Harlowe Street
July 10, 2007
Sheriff's Deed
Yes
Landbank Program


(Deed recorded 6/27/08)















661-11-104
Block A - Whiteacres Estates (Whiteway Drive)
July 10, 2007
Sheriff's Deed
Yes
Landbank Program


(Deed recorded 6/27/08)





















661-01-009
S/L 9 Harlowe Street
January 14, 2008
Sheriff's Deed
Yes
Landbank Program


(Deed recorded 6/27/08)















661-03-071
Edgemont Drive (Ravine)
January 24, 2008
County Commissioners
Yes
Tax exemption granted 3/11/11.












661-03-72
Edgemont Drive (Ravine)
January 24, 2008
County Commissioners
Yes
Tax exemption granted 3/11/11.












661-03-73
Edgemont Drive (Ravine)
January 24, 2008
County Commissioners
Yes
Tax exemption granted 3/11/11.












661-01-003
Harlowe Street (unimproved)
June 26, 2009
Donald C. Newlands
Yes
Tax exemption granted 8/24/10.












661-01-007
Harlowe Street (unimproved)
June 26, 2009
Donald C. Newlands
Yes
Tax exemption granted 8/24/10.












661-14-116
Wethersfield (vacant lot) (S/L 139-Richmond Bluffs)
 December 23, 2008 (Deed recorded 5/11/10)
Sheriff's Deed
Yes
Landbank Program.












662-02-002
V/L Hilltop Road
January 24, 2011 (Deed recorded 6/21/11)
Sheriff's Deed
Yes
Landbank Program












662-26-080
V/L-Block E, Richmond Run Subdivision (N. of Ammon Rd.)
April 20, 2009 (Deed recorded 6/4/10)
Sheriff's Deed
Yes
Landbank Program












662-27-015
V/L-Block G, Richmond Run Subdivision (off Hillary Ln.)
February 3, 2010 (Deed recorded 6/4/10)
Sheriff's Deed
Yes
Landbank Program












662-19-028
675 Meadowlane Drive
February 3, 2010 (Deed recorded 6/4/10)
Sheriff's Deed
Yes
Landbank Program








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