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1981 Penny Lane

1981 Penny Lane, Youngstown, OH 44515
Property in Woodland Trace
Sold Aug 16, 2005
$133,000
$104,544 by New Century Mortgage Corp
Mortgage Due Sep 01, 2035
Sold Jan 01, 1990
Transfer
1981 Penny Lane has been categorized by the local assessors in Youngstown, OH as a residential type of property. The building on the property was first built in 1974 and is 50 years old. However, we must point out that the home was most recently renovated and altered in 1981. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 1981 Penny Lane has 1,480 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 480 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,400 ft and across the front of the lot is 850 ft. The area measurement of the land has been determined as 11,892 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

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 480 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. 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 exterior walls of the building are made of unknown. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing baseboard heaters and being fueled with oil. 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, 1981 Penny Lane sold most recently in Jun 18, 2005 for a total of $133,000. If you work out the math, that's approximately a cost of $54.51 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 $2,682 in taxes each year. 1981 Penny Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $40,830. If we break it down further, the land itself was valued at $8,010. Improvements to the property, however, were assessed at a total of $32,820. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1974
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 480
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,892
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,440
  • Gross Building Area: 2,792
  • Building Area: 1,480
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 1,480
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOODLAND TR PL
  • Land Acres: 0.273
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: LOT 365 85 X 140 WOODLAND TR PL #5

Ownership

  • Current Owner : ZITELLO MICHAEL F
  • Previous Owner : ROGERS KENNETH R
  • Previous Owner 2: ROGERS BARBARA A
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 18, 2024

Neighborhood

  • School District Name: Austintown Local School District
  • School Tax School District: AUSTINTOWN LSD
  • Census Tract: 812602

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 3693-B6
  • Account Number: 00015
  • Subdivision Tract Number: PL
  • Parcel: 48-107-0-251.00-0
  • Lot: 365
  • Municipality: AUSTINTOWN TWP
  • Latitude: 41.0804
  • Longitude: -80.7498

    Address

  • Full Address: 1981 Penny Ln
  • Address - House Number: 1981
  • Address - Street Name: Penny
  • Address - Suffix Type: Ln
  • State: OH
  • City Name: Youngstown
  • Carrier Code: C017
  • 4-Digit Zip Code: 4928
  • Zip Code: 44515

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,682
  • Tax Rate Code Area: 48

    Appraisal Valuation

  • Standard Deviation: 0.4979
  • Valuation Date: Jan 10, 2024
  • Final Value: 169,864
  • High Value: 254,444
  • Low Value: 85,283

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $104,544
  • First Open Lien Mortgage Lender: NEW CENTURY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 16, 2005
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $104,544
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2035

    Market Valuation

  • Market Total Value: $116,660
  • Market Land Value: $22,890
  • Market Improvement Value: $93,770

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $40,830
  • Assessed Land Value: $8,010
  • Assessed Improvements Value: $32,820

    Sales

  • Current Sale Contract Date: Jun 18, 2005
  • Current Sale Recording Date: Aug 16, 2005
  • Current Sale Transaction ID: 1009437468
  • Current Sale Price: $133,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200500029986
  • Previous Sale Recording Date: Jan 01, 1990
  • Previous Sale Contract Date: Jan 01, 1990
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW CENTURY MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 16, 2005
  • First Mortgage Loan Amount: $104,544
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Sep 01, 2035

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Woodland Trace



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Frequently Asked Questions

What neighborhood is 1981 Penny Lane located in?
The 1981 Penny Lane is a located in the neighborhood of Woodland Trace in Woodland Trace, Youngstown.
What is the average sales price for listings in 1981 Penny Lane?
The average sales price for units in 1981 Penny Lane is $0 currently.

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