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157 Cornell Drive

157 Cornell Drive, Toledo, OH 43614
Property in Harvard Terrace
Sold Nov 01, 2021
$124,000
$121,754 by Ark-la-tex Financial Services
Mortgage Due Nov 01, 2051
Sold Mar 02, 2017
$66,000
$52,800 by Noic Inc
Mortgage Due Mar 01, 2047
Local assessors in Toledo, OH have categorized 157 Cornell Drive as a residential type of property. The home was built in 1916 and is 108 years old. The property's lot size has been calculated to be 2,700 square feet. The linear feet between the front and back of the lot was measured at 770 ft and the front of the lot was measured at 350 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 157 Cornell Drive has a total of 1,445 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 190 sqft. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 metal 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 - D. Lots of metal were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 157 Cornell Drive was last sold in Oct 25, 2021 for $124,000. According to our calculations, that's $57.59 per sqft. Prior to that sales transaction, the property was sold for $66,000 in Feb 28, 2017. Current property owners are expected to pay $1,915 in taxes per year. The property on 157 Cornell Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $30,415. To break that down further, the land itself was valued at $5,180. While improvements to the property were assessed at a total of $25,235. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 1916
  • Effective Year Built: 1916
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Metal
  • Exterior Walls Type: Metal
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 708
  • Garage Type: Detached
  • Garage Square Area: 190
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,700
  • Lot Size Depth Feet: 770
  • Lot Size Frontage Feet: 350
  • Total Building Area: 2,153
  • Gross Building Area: 2,153
  • Building Area: 1,445
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,445
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HARVARD TERRACE
  • Land Acres: 0.062
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: HARVARD TERRACE 0 48 NE 35 FT

Ownership

  • Current Owner : SPENCER SHANNON M
  • Previous Owner : MILLER ANNA MARIE
  • Owner Before Previous Owner: WEBBER GARY

Neighborhood

  • School District Name: Toledo City School District
  • Census Tract: 004501

Zoning

  • Zoning: 10-RD6

Geography

  • Assessors Map Reference: 06033020
  • Subdivision Tract Number: 45.01
  • Parcel: 07-06247
  • Lot: 48
  • Municipality: TOLEDO CITY
  • Latitude: 41.6164
  • Longitude: -83.5836

    Address

  • Full Address: 157 Cornell Dr
  • Address - House Number: 157
  • Address - Street Name: Cornell
  • Address - Suffix Type: Dr
  • State: OH
  • City Name: Toledo
  • Carrier Code: C036
  • 4-Digit Zip Code: 2910
  • Zip Code: 43614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,915
  • Tax Rate Code Area: 07

    Appraisal Valuation

  • Standard Deviation: 0.2461
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 65
  • Final Value: 140,583
  • High Value: 175,191
  • Low Value: 105,975

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $121,754
  • First Open Lien Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Nov 01, 2021
  • First Open Lien Mortgage Loan Amount: $121,754
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $86,900
  • Market Land Value: $14,800
  • Market Improvement Value: $72,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,415
  • Assessed Land Value: $5,180
  • Assessed Improvements Value: $25,235

    Sales

  • Current Sale Contract Date: Oct 25, 2021
  • Current Sale Recording Date: Nov 01, 2021
  • Current Sale Transaction ID: 11863517545
  • Current Sale Price: $124,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202111010058008
  • Previous Sale Recording Date: Mar 02, 2017
  • Previous Sale Contract Date: Feb 28, 2017
  • Previous Sale Amount: $66,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Mortgage Transaction Date: Nov 01, 2021
  • First Mortgage Loan Amount: $121,754
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: NOIC INC
  • Previous Mortgage Transaction Date: Mar 02, 2017
  • Previous Mortgage Loan Amount: $52,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2047

About Beverly-Harvard



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Frequently Asked Questions

What neighborhood is 157 Cornell Drive located in?
The 157 Cornell Drive is a located in the neighborhood of Harvard Terrace in Beverly-Harvard, Toledo.
What is the average sales price for listings in 157 Cornell Drive?
The average sales price for units in 157 Cornell Drive is $0 currently.

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