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198 Cherry Tree Lane

198 Cherry Tree Lane, Commercial Point, OH 43116
Property in Scioto
Sold Dec 28, 2021
$195,000
$300,000 by Primary Residential Mortgage I
Mortgage Due Jan 01, 2052
Sold Sep 20, 2013
$210,000
$214,285 by Equity Resources Inc
Mortgage Due Oct 01, 2043
198 Cherry Tree Lane in Commercial Point, OH was first built in 2006 and is 18 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 198 Cherry Tree Lane has 3,045 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,509 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 860 ft and the linear feet between the front and back of the lot is 1,540. In total, the area measurement of the land is 13,244 square feet.

Learn more about the property and building on this page. There is a open porch. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 420 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a gas heating system and being fueled with gas. 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, 198 Cherry Tree Lane was last sold in Dec 1, 2021 for $195,000. According to our calculations, that's $64.04 per sqft. Prior to that sales transaction, the property was sold for $210,000 in Sep 11, 2013. Current property owners are expected to pay $4,808 in taxes per year. The property on 198 Cherry Tree Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $127,820. To break that down further, the land itself was valued at $19,220. While improvements to the property were assessed at a total of $108,600. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2006
  • Effective Year Built: 2006
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: C+
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,509
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,244
  • Lot Size Depth Feet: 1,540
  • Lot Size Frontage Feet: 860
  • Total Building Area: 3,045
  • Building Area: 3,045
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Gas
  • Heated Square Feet: 3,045
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CHESTNUT ESTATES
  • Land Acres: 0.304
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 60 CHESTNUT ESTATES SECTION TWO PHASE 1 SUR 6453

Ownership

  • Current Owner : DAVIS SIMON
  • Current Owner 2: DAVIS MARY KATHRYN
  • Previous Owner : OGDEN JASON W
  • Owner Before Previous Owner: PRATT JESSE D
  • Owner Before Previous Owner 2: PRATT AIMEE R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Teays Valley Local School District
  • School Tax School District: TSD
  • Census Tract: 021403

Geography

  • District: L28
  • Subdivision Phase Number: 1
  • Subdivision Tract Number: 1
  • Parcel: L28-0-005-01-060-00
  • Lot: 60
  • Municipality: SCIOTO
  • Latitude: 39.7814
  • Longitude: -83.0751

    Address

  • Full Address: 198 Cherrytree Ln
  • Address - House Number: 198
  • Address - Street Name: Cherrytree
  • Address - Suffix Type: Ln
  • State: OH
  • City Name: Commercial Point
  • Carrier Code: R092
  • 4-Digit Zip Code: 9747
  • Zip Code: 43116

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,808
  • Tax Rate Code Area: L28

    Appraisal Valuation

  • Standard Deviation: 0.2311
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 67
  • Final Value: 429,461
  • High Value: 528,712
  • Low Value: 330,210

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Open Lien Mortgage Recording Date: Dec 28, 2021
  • First Open Lien Mortgage Loan Amount: $300,000
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $365,180
  • Market Land Value: $54,900
  • Market Improvement Value: $310,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $127,820
  • Assessed Land Value: $19,220
  • Assessed Improvements Value: $108,600

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 01, 2021
  • Current Sale Recording Date: Dec 28, 2021
  • Current Sale Transaction ID: 11876023679
  • Current Sale Price: $195,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202100011313
  • Previous Sale Recording Date: Sep 20, 2013
  • Previous Sale Contract Date: Sep 11, 2013
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Mortgage Transaction Date: Dec 28, 2021
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: EQUITY RESOURCES INC
  • Previous Mortgage Transaction Date: Sep 20, 2013
  • Previous Mortgage Loan Amount: $214,285
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2043

About Commercial Point



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Frequently Asked Questions

What neighborhood is 198 Cherry Tree Lane located in?
The 198 Cherry Tree Lane is a located in the neighborhood of Scioto in Commercial Point, Commercial Point.
What is the average sales price for listings in 198 Cherry Tree Lane?
The average sales price for units in 198 Cherry Tree Lane is $0 currently.

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