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218 Reed Avenue

218 Reed Avenue, Marion, OH 43302
Property in Marion
Sold Jan 03, 2022
$127,500
$123,244 by Rocket Mortgage Llc
Mortgage Due Jan 01, 2052
Sold Feb 07, 2019
$70,000
$67,803 by First Federal Bank Of The Midw
Mortgage Due Mar 01, 2049
218 Reed Avenue in Marion, OH was first built in 1951 and is 73 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 218 Reed Avenue has 768 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. In total, the area measurement of the land is 7,870 square feet.

Learn more about the property and building on this page. There is a patio. The roof of the home is made of shingle (not wood). For those who need parking, there is a garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a central 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, 218 Reed Avenue was last sold in Dec 30, 2021 for $127,500. According to our calculations, that's $166.02 per sqft. Prior to that sales transaction, the property was sold for $70,000 in Feb 2, 2019. Current property owners are expected to pay $1,051 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 218 Reed Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $28,090. To break that down further, the land itself was valued at $6,240. While improvements to the property were assessed at a total of $21,850. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1951
  • Effective Year Built: 1951
  • 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: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 7,870
  • Lot Size Frontage Feet: 500
  • Total Building Area: 768
  • Building Area: 768
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 768
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UHLER AND TRUES FIRST ADDITION
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: REED UHLER & TRUES 1ST LOT 1449 & OL 63-65 PG 23 240 23.00 9.00

Ownership

  • Current Owner : CROWE ELISABETH
  • Previous Owner : JACOBS JORDAN W
  • Owner Before Previous Owner: THOMPSON JENNIFER R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

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: 12-423000.0900
  • Lot: 1449
  • Municipality: MARION TWP
  • Latitude: 40.587
  • Longitude: -83.1076

    Address

  • Full Address: 218 Reed Ave
  • Address - House Number: 218
  • Address - Street Name: Reed
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Marion
  • Carrier Code: C027
  • 4-Digit Zip Code: 4325
  • Zip Code: 43302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,051
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 12

    Appraisal Valuation

  • Standard Deviation: 0.1594
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 49
  • Final Value: 125,312
  • High Value: 168,188
  • Low Value: 82,436

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $123,244
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 03, 2022
  • First Open Lien Mortgage Loan Amount: $123,244
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $80,260
  • Market Land Value: $17,830
  • Market Improvement Value: $62,430

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,090
  • Assessed Land Value: $6,240
  • Assessed Improvements Value: $21,850

    Sales

  • Current Sale Contract Date: Dec 30, 2021
  • Current Sale Recording Date: Jan 03, 2022
  • Current Sale Transaction ID: 11877163394
  • Current Sale Price: $127,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2022-00031
  • Previous Sale Recording Date: Feb 07, 2019
  • Previous Sale Contract Date: Feb 02, 2019
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Jan 03, 2022
  • First Mortgage Loan Amount: $123,244
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FIRST FEDERAL BANK OF THE MIDW
  • Previous Mortgage Transaction Date: Feb 07, 2019
  • Previous Mortgage Loan Amount: $67,803
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2049

About Marion



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 218 Reed Avenue located in?
The 218 Reed Avenue is a located in the neighborhood of Marion in Marion, Marion.
What is the average sales price for listings in 218 Reed Avenue?
The average sales price for units in 218 Reed Avenue is $0 currently.

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