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205 Locust Street

205 Locust Street, Franklin, OH 45005
Property in Franklin
Sold Aug 01, 2017
$34,000
$28,000 by Sorg Bay West Federal Credit U
Mortgage Due Aug 01, 2032
Sold Dec 11, 1992
$32,000
Local assessors in Franklin, OH have categorized 205 Locust Street as a residential type of property. The home was built in 1901 and is 123 years old. The property's lot size has been calculated to be 5,472 square feet. The linear feet between the front and back of the lot was measured at 960 ft and the front of the lot was measured at 570 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 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 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 205 Locust Street has a total of 1,244 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 garage for those who need a place to park their vehicle. The garage on the property is 168 sqft. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on no air conditioning for their cooling system. The home's a gravity heating system is the primary heating source and it is being fueled with gas. The property was last sold in Jul 31, 2017 for $34,000. That's $27.33 per sqft. Prior to that sales transaction, the property was also sold in Dec 11, 1992 for $32,000. 205 Locust Street was last assessed in 2022. The total value of the property was assessed at $25,211. Specifically, the land the property is located on was valued at $3,259. While improvements on the property were assessed at a total of $21,952. 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 $1,297. The initial tax year of delinquency was in 2020. 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! 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: 1901
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 168
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,472
  • Lot Size Depth Feet: 960
  • Lot Size Frontage Feet: 570
  • Total Building Area: 1,244
  • Gross Building Area: 1,244
  • Building Area: 1,244
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Gravity
  • Heated Square Feet: 1,244
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OUT LOT
  • Land Acres: 0.124
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: OUT LOT LOT# 817

Ownership

  • Current Owner : BANKS JACOB M
  • Current Owner 2: BANKS JOHN M
  • Previous Owner : WILLIAMS AMY J
  • Owner Before Previous Owner: NEACE ANTHONY W
  • Owner Before Previous Owner 2: NEACE ANTHONY W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin City School District
  • School Tax School District: FRANKLIN CSD
  • Census Tract: 032502

Geography

  • Assessors Map Reference: PG 04N-32G
  • Account Number: 2118327
  • Parcel: 04-32-457-014-0
  • Block: 457
  • Lot: 817
  • Municipality: FRANKLIN CORP
  • Latitude: 39.5613
  • Longitude: -84.2995

    Address

  • Full Address: 205 Locust St
  • Address - House Number: 205
  • Address - Street Name: Locust
  • Address - Suffix Type: St
  • State: OH
  • City Name: Franklin
  • Carrier Code: C005
  • 4-Digit Zip Code: 2113
  • Zip Code: 45005

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,297
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 21

    Appraisal Valuation

  • Standard Deviation: 0.1832
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 125,947
  • High Value: 149,023
  • Low Value: 102,870

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $28,000
  • First Open Lien Mortgage Lender: SORG BAY WEST FEDERAL CREDIT U
  • First Open Lien Mortgage Recording Date: Aug 01, 2017
  • First Open Lien Mortgage Loan Amount: $28,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2032

    Market Valuation

  • Market Total Value: $72,030
  • Market Land Value: $9,310
  • Market Improvement Value: $62,720

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $25,211
  • Assessed Land Value: $3,259
  • Assessed Improvements Value: $21,952

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 31, 2017
  • Current Sale Recording Date: Aug 01, 2017
  • Current Sale Transaction ID: 1731956598
  • Current Sale Price: $34,000
  • Current Sale Document Type: Fiduciary Deed
  • Current Sale Input Document Number: 2017-023179
  • Previous Sale Recording Date: Dec 11, 1992
  • Previous Sale Contract Date: Dec 11, 1992
  • Previous Sale Amount: $32,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SORG BAY WEST FEDERAL CREDIT U
  • First Mortgage Transaction Date: Aug 01, 2017
  • First Mortgage Loan Amount: $28,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Aug 01, 2032

About Franklin



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Frequently Asked Questions

What neighborhood is 205 Locust Street located in?
The 205 Locust Street is a located in the neighborhood of Franklin in Franklin, Franklin.
What is the average sales price for listings in 205 Locust Street?
The average sales price for units in 205 Locust Street is $0 currently.

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