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1016 Merry Lane

1016 Merry Lane, Van Wert, OH 45891
Property in Pleasant
Sold Apr 02, 2019
$140,000
$155,000 by Superior Fin'l Solutions Llc
Mortgage Due May 01, 2053
Local assessors in Van Wert, OH have categorized 1016 Merry Lane as a residential type of property. The home was built in 1956 and is 68 years old. The property's lot size has been calculated to be 2,029,100 square feet. The linear feet between the front and back of the lot was measured at 1,970 ft and the front of the lot was measured at 103,000 ft. 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, 3 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 1016 Merry Lane has a total of 1,536 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 1,152 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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 gable or hip style roof. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system 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, 1016 Merry Lane was last sold in Apr 2, 2019 for $140,000. According to our calculations, that's $91.15 per sqft. Current property owners are expected to pay $2,039 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2015. The property on 1016 Merry Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $42,930. To break that down further, the land itself was valued at $7,280. While improvements to the property were assessed at a total of $35,650. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Quality: C+
  • Construction Type: Frame
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Partial basement
  • Basement Area: 1,152
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,029,100
  • Lot Size Depth Feet: 1,970
  • Lot Size Frontage Feet: 103,000
  • Total Building Area: 1,536
  • Building Area: 1,536
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,536
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHACKLEY WISE SUBDIVISION
  • Land Acres: 46.581
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 3284 VAN WERT 4 OR426 P3995

Ownership

  • Current Owner : BRITTON PHYLLIS
  • Previous Owner : LOUTH DAVID M
  • Previous Owner 2: ESTATE OF RONALD B TOLAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Van Wert City School District
  • Census Tract: 020900

Geography

  • District: 12
  • Parcel: 12-028892.0000
  • Lot: 3284
  • Municipality: VAN WERT CORP
  • Latitude: 40.8583
  • Longitude: -84.5748

    Address

  • Full Address: 1016 Merry Ln
  • Address - House Number: 1016
  • Address - Street Name: Merry
  • Address - Suffix Type: Ln
  • State: OH
  • City Name: Van Wert
  • Carrier Code: C006
  • 4-Digit Zip Code: 2537
  • Zip Code: 45891

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,039
  • Intital Tax Deliquent Year: 2015

    Appraisal Valuation

  • Standard Deviation: 0.1101
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 88
  • Final Value: 221,527
  • High Value: 245,923
  • Low Value: 197,131

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $155,000
  • First Open Lien Mortgage Lender: SUPERIOR FIN'L SOLUTIONS LLC
  • First Open Lien Mortgage Recording Date: Apr 07, 2023
  • First Open Lien Mortgage Loan Amount: $155,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2053

    Market Valuation

  • Market Total Value: $122,660
  • Market Land Value: $20,800
  • Market Improvement Value: $101,860

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $42,930
  • Assessed Land Value: $7,280
  • Assessed Improvements Value: $35,650

    Sales

  • Current Sale Contract Date: Apr 02, 2019
  • Current Sale Recording Date: Apr 02, 2019
  • Current Sale Transaction ID: 11598883345
  • Current Sale Price: $140,000
  • Current Sale Document Type: Fiduciary Deed
  • Current Sale Input Document Number: 201900001038

    Last Sale Mortgage

  • First Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Mortgage Transaction Date: Apr 02, 2019
  • First Mortgage Loan Amount: $112,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2034

About Van Wert



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Frequently Asked Questions

What neighborhood is 1016 Merry Lane located in?
The 1016 Merry Lane is a located in the neighborhood of Pleasant in Van Wert, Van Wert.
What is the average sales price for listings in 1016 Merry Lane?
The average sales price for units in 1016 Merry Lane is $0 currently.

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