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16 Bank Street

16 Bank Street, Norwalk, OH 44857
Property in Norwalk
Sold Sep 23, 2021
$158,000
$142,200 by Lendus Llc
Mortgage Due Oct 01, 2051
Sold Jun 14, 2005
Transfer
16 Bank Street has been categorized by the local assessors in Norwalk, OH as a residential type of property. The home has a total of 8 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 16 Bank Street has 1,774 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,100 ft and across the front of the lot is 430 ft. The area measurement of the land has been determined as 9,017 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 216 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof. The exterior walls of the building are made of a combination of material. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. In terms of heating, it is utilizing a central heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 16 Bank Street sold most recently in Sep 22, 2021 for a total of $158,000. If you work out the math, that's approximately a cost of $89.06 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,880 in taxes each year. 16 Bank Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $46,900. If we break it down further, the land itself was valued at $4,350. Improvements to the property, however, were assessed at a total of $42,550. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Total Rooms: 8
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Average
  • Exterior Walls Type: Combination
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Floor Cover: Tile
  • Basement Type: Unspecified basement
  • Basement Area: 720
  • Garage Type: Detached
  • Garage Square Area: 216
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,017
  • Lot Size Depth Feet: 2,100
  • Lot Size Frontage Feet: 430
  • Total Building Area: 1,774
  • Building Area: 1,774
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,774
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.207
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 108

Ownership

  • Current Owner : PLEASNICK KARA
  • Previous Owner : CORNELISON ROBERT D
  • Previous Owner 2: CORNELISON JENNIFER L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Norwalk City School District
  • Census Tract: 915600

Geography

  • Assessors Map Reference: MAP: 158C
  • District: 33
  • Parcel: 33-0250-03-016-0000
  • Lot: 108
  • Municipality: NORWALK CORP
  • Latitude: 41.2427
  • Longitude: -82.6112

    Address

  • Full Address: 16 Bank St
  • Address - House Number: 16
  • Address - Street Name: Bank
  • Address - Suffix Type: St
  • State: OH
  • City Name: Norwalk
  • Carrier Code: C011
  • 4-Digit Zip Code: 2114
  • Zip Code: 44857

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,880
  • Tax Rate Code Area: 33

    Appraisal Valuation

  • Standard Deviation: 0.2642
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 62
  • Final Value: 186,032
  • High Value: 235,195
  • Low Value: 136,868

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $142,200
  • First Open Lien Mortgage Lender: LENDUS LLC
  • First Open Lien Mortgage Recording Date: Sep 23, 2021
  • First Open Lien Mortgage Loan Amount: $142,200
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $134,010
  • Market Land Value: $12,430
  • Market Improvement Value: $121,580

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $46,900
  • Assessed Land Value: $4,350
  • Assessed Improvements Value: $42,550

    Sales

  • Current Sale Contract Date: Sep 22, 2021
  • Current Sale Recording Date: Sep 23, 2021
  • Current Sale Transaction ID: 11857490173
  • Current Sale Price: $158,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202109230007025
  • Previous Sale Recording Date: Jun 14, 2005
  • Previous Sale Contract Date: Jun 14, 2005
  • Previous Sale Document Type: Survivorship Deed

    Last Sale Mortgage

  • First Mortgage Lender: LENDUS LLC
  • First Mortgage Transaction Date: Sep 23, 2021
  • First Mortgage Loan Amount: $142,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

About Norwalk



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Frequently Asked Questions

What neighborhood is 16 Bank Street located in?
The 16 Bank Street is a located in the neighborhood of Norwalk in Norwalk, Norwalk.
What is the average sales price for listings in 16 Bank Street?
The average sales price for units in 16 Bank Street is $0 currently.

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