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1975 Palouse Drive

1975 Palouse Drive, London, OH 43140
Property in Somerford
Sold Oct 25, 2017
$469,500
$289,500 by First Commonwealth Bank
Mortgage Due Nov 01, 2047
Sold Jun 25, 2015
$362,500
$362,500 by The Huntington National Bank
Mortgage Due Jul 01, 2045
1975 Palouse Drive has been categorized by the local assessors in London, OH as a residential type of property. The building on the property was first built in 1993 and is 31 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1975 Palouse Drive has 2,480 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 3,120 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 18,660 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 attached garage for those who require parking. The garage measured 704 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of shingle (not wood). While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a gas heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. 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, 1975 Palouse Drive sold most recently in Oct 11, 2017 for a total of $469,500. If you work out the math, that's approximately a cost of $189.31 per sqft. Before that, the property was also sold for $362,500 in Jun 4, 2015. 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 $7,640 in taxes each year. 1975 Palouse Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $145,050. If we break it down further, the land itself was valued at $42,670. Improvements to the property, however, were assessed at a total of $102,380. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

  • Year Built: 1993
  • Effective Year Built: 1993
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 704
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 18,660
  • Lot Size Depth Feet: 3,120
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,480
  • Building Area: 2,480
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Gas
  • Heated Square Feet: 2,480
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOMERFORD
  • Land Acres: 0.43
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 709 CHOCTAW

Ownership

  • Current Owner : QUINN BRENDAN P
  • Previous Owner : WILLIAMS BRYN N
  • Previous Owner 2: WILLIAMS AMANDA K
  • Owner Before Previous Owner: GALLAUGHER SARA SHAFFER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: London City School District
  • School Tax School District: LONDON
  • Census Tract: 040201

Geography

  • Assessors Map Reference: 024
  • Parcel: 24-01308.000
  • Municipality: SOMERFORD TWP
  • Latitude: 39.9626
  • Longitude: -83.4875

    Address

  • Full Address: 1975 Palouse Dr
  • Address - House Number: 1975
  • Address - Street Name: Palouse
  • Address - Suffix Type: Dr
  • State: OH
  • City Name: London
  • Carrier Code: R006
  • 4-Digit Zip Code: 8769
  • Zip Code: 43140

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,640
  • Tax Rate Code Area: 24

    Appraisal Valuation

  • Standard Deviation: 0.246
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 65
  • Final Value: 577,846
  • High Value: 720,040
  • Low Value: 435,652

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $289,500
  • First Open Lien Mortgage Lender: FIRST COMMONWEALTH BANK
  • First Open Lien Mortgage Recording Date: Oct 25, 2017
  • First Open Lien Mortgage Loan Amount: $289,500
  • 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: Nov 01, 2047

    Market Valuation

  • Market Total Value: $414,420
  • Market Land Value: $121,920
  • Market Improvement Value: $292,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $145,050
  • Assessed Land Value: $42,670
  • Assessed Improvements Value: $102,380

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 11, 2017
  • Current Sale Recording Date: Oct 25, 2017
  • Current Sale Transaction ID: 1397956765
  • Current Sale Price: $469,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201700004973
  • Previous Sale Recording Date: Jun 25, 2015
  • Previous Sale Contract Date: Jun 04, 2015
  • Previous Sale Amount: $362,500
  • Previous Sale Document Type: Executor's Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST COMMONWEALTH BANK
  • First Mortgage Transaction Date: Oct 25, 2017
  • First Mortgage Loan Amount: $289,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • Previous Mortgage Transaction Date: Jun 25, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $362,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jul 01, 2045

About Choctaw Lake



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Frequently Asked Questions

What neighborhood is 1975 Palouse Drive located in?
The 1975 Palouse Drive is a located in the neighborhood of Somerford in Choctaw Lake, London.
What is the average sales price for listings in 1975 Palouse Drive?
The average sales price for units in 1975 Palouse Drive is $0 currently.

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