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188 Olney Avenue

188 Olney Avenue, Marion, OH 43302
Property in Marion
Sold Dec 22, 2017
$37,500
$51,650 by Equity Resources Inc
Mortgage Due Jan 01, 2048
Local assessors in Marion, OH have categorized 188 Olney Avenue as a residential type of property. The home was built in 1935 and is 89 years old. The property's lot size has been calculated to be 7,523 square feet. 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, 2 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 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 188 Olney Avenue has a total of 1,026 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. 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 288 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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. The building has a roof that is made of shingle (not wood). While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on 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. The property was last sold in Dec 15, 2017 for $37,500. That's $36.55 per sqft. 188 Olney Avenue was last assessed in 2022. The total value of the property was assessed at $20,440. Specifically, the land the property is located on was valued at $1,870. While improvements on the property were assessed at a total of $18,570. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $785. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Fair
  • Construction Type: Frame
  • Interior Walls Type: Plaster
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 445
  • Garage Type: Detached
  • Garage Square Area: 288
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,523
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,026
  • Building Area: 1,026
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 1,026
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: MARY RYANS 1ST LOT 3386 PG 13 230 13.00 58.00

Ownership

  • Current Owner : KINCAID THOMAS K
  • Previous Owner : KINCAID KYLE C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Marion City School District
  • School Tax School District: MARION TWP
  • School Tax District Code 2: MARION-MARION
  • Census Tract: 000100

Geography

  • District: 12
  • Parcel: 12-313000.5800
  • Lot: 3386
  • Municipality: MARION TWP
  • Latitude: 40.5867
  • Longitude: -83.1377

    Address

  • Full Address: 188 Olney Ave
  • Address - House Number: 188
  • Address - Street Name: Olney
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Marion
  • Carrier Code: C012
  • 4-Digit Zip Code: 3559
  • Zip Code: 43302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $785
  • Tax Rate Code Area: 12

    Appraisal Valuation

  • Standard Deviation: 0.264
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 45
  • Final Value: 88,297
  • High Value: 120,886
  • Low Value: 55,708

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $51,650
  • First Open Lien Mortgage Lender: EQUITY RESOURCES INC
  • First Open Lien Mortgage Recording Date: Dec 22, 2017
  • First Open Lien Mortgage Loan Amount: $51,650
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2048

    Market Valuation

  • Market Total Value: $58,400
  • Market Land Value: $5,340
  • Market Improvement Value: $53,060

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,440
  • Assessed Land Value: $1,870
  • Assessed Improvements Value: $18,570

    Sales

  • Current Sale Contract Date: Dec 15, 2017
  • Current Sale Recording Date: Dec 22, 2017
  • Current Sale Transaction ID: 11341644354
  • Current Sale Price: $37,500
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2017-08218

    Last Sale Mortgage

  • First Mortgage Lender: EQUITY RESOURCES INC
  • First Mortgage Transaction Date: Dec 22, 2017
  • First Mortgage Loan Amount: $51,650
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jan 01, 2048

About Marion



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Frequently Asked Questions

What neighborhood is 188 Olney Avenue located in?
The 188 Olney Avenue is a located in the neighborhood of Marion in Marion, Marion.
What is the average sales price for listings in 188 Olney Avenue?
The average sales price for units in 188 Olney Avenue is $0 currently.

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