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209 Merchant Avenue

209 Merchant Avenue, Marion, OH 43302
Property in Marion
Sold Aug 20, 2014
$87,000
$82,650 by United Fcu
Mortgage Due Sep 01, 2044
Sold Nov 23, 1999
$66,500
Local assessors in Marion, OH have categorized 209 Merchant Avenue as a residential type of property. The home was built in 1927 and is 97 years old. The property's lot size has been calculated to be 3,867 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 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 209 Merchant Avenue has a total of 1,280 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 624 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. 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. 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. 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, 209 Merchant Avenue sold most recently in Aug 18, 2014 for a total of $87,000. If you work out the math, that's approximately a cost of $67.97 per sqft. Before that, the property was also sold for $66,500 in Nov 23, 1999. 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 $1,199 in taxes each year. 209 Merchant Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $31,290. If we break it down further, the land itself was valued at $3,770. Improvements to the property, however, were assessed at a total of $27,520. 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: 1927
  • Effective Year Built: 1927
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Average
  • Construction Type: Frame
  • Interior Walls Type: Plaster
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 624
  • Garage Type: Detached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,867
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,280
  • Building Area: 1,280
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 1,280
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SCOTT & CROFTS FIRST ADDITION
  • Land Acres: 0.088
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SCOTT & CROFTS LOT 3805-6 PG 27 240 27.00 68.00

Ownership

  • Current Owner : WILSON DERRICK W
  • Previous Owner : SIMON STEVEN RAY
  • Previous Owner 2: SIMON APRIL D
  • 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: 000700

Geography

  • District: 12
  • Parcel: 12-427000.6800
  • Lot: 3805
  • Municipality: MARION TWP
  • Latitude: 40.5875
  • Longitude: -83.1026

    Address

  • Full Address: 209 Merchant Ave
  • Address - House Number: 209
  • Address - Street Name: Merchant
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Marion
  • Carrier Code: C027
  • 4-Digit Zip Code: 4442
  • Zip Code: 43302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,199
  • Tax Rate Code Area: 12

    Appraisal Valuation

  • Standard Deviation: 0.1594
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 45
  • Final Value: 134,255
  • High Value: 183,807
  • Low Value: 84,704

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $121,124
  • First Open Lien Mortgage Lender: UNITED FCU
  • First Open Lien Mortgage Recording Date: Aug 20, 2014
  • First Open Lien Mortgage Loan Amount: $82,650
  • 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: Sep 01, 2044
  • Second Open Lien Mortgage Lender: FIGURE LENDING LLC
  • Second Open Lien Mortgage Recording Date: Aug 06, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $18,474
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 27, 2051
  • Third Open Lien Mortgage Lender: FIGURE LENDING LLC
  • Third Open Lien Mortgage Recording Date: Sep 27, 2023
  • Third Open Lien Mortgage Loan Amount: $20,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Third Open Lien Mortgage Loan Due Date: Oct 18, 2053

    Market Valuation

  • Market Total Value: $89,400
  • Market Land Value: $10,770
  • Market Improvement Value: $78,630

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $31,290
  • Assessed Land Value: $3,770
  • Assessed Improvements Value: $27,520

    Sales

  • Current Sale Contract Date: Aug 18, 2014
  • Current Sale Recording Date: Aug 20, 2014
  • Current Sale Transaction ID: 1118290362
  • Current Sale Price: $87,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2014-04412
  • Previous Sale Recording Date: Nov 23, 1999
  • Previous Sale Contract Date: Nov 23, 1999
  • Previous Sale Amount: $66,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED FCU
  • First Mortgage Transaction Date: Aug 20, 2014
  • First Mortgage Loan Amount: $82,650
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2044

About Marion



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Frequently Asked Questions

What neighborhood is 209 Merchant Avenue located in?
The 209 Merchant Avenue is a located in the neighborhood of Marion in Marion, Marion.
What is the average sales price for listings in 209 Merchant Avenue?
The average sales price for units in 209 Merchant Avenue is $0 currently.

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