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224 Water Street

224 Water Street, Wadsworth, OH 44281
Property in Wadsworth
Sold Nov 08, 2005
$66,000
$66,000 by Assurafirst Financial Co
Mortgage Due Dec 01, 2035
Sold Jul 12, 2005
$60,000
224 Water Street in Wadsworth, OH was first built in 1927 and is 97 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 224 Water Street has 1,092 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 720 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 620 ft and the linear feet between the front and back of the lot is 1,070. In total, the area measurement of the land is 6,621 square feet.

Learn more about the property and building on this page. There is a open porch. For those who need parking, there is a detached garage. The garage is 1,120 sqft. There are a total of 4 available parking spaces. 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 wood control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of unknown. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. The property was last sold in Oct 17, 2005 for $66,000. That's $60.44 per sqft. Prior to that sales transaction, the property was also sold in Jul 11, 2005 for $60,000. 224 Water Street was last assessed in 2022. The total value of the property was assessed at $32,140. Specifically, the land the property is located on was valued at $15,310. While improvements on the property were assessed at a total of $16,830. 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 $1,423. 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! 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: 1927
  • Effective Year Built: 1927
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Wood
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 720
  • Garage Type: Detached
  • Garage Square Area: 1,120
  • Parking Space Count: 4
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,621
  • Lot Size Depth Feet: 1,070
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,092
  • Building Area: 1,092
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,092
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 697 S E PT .000A

Ownership

  • Current Owner : LANCE THOMAS J
  • Current Owner 2: LANCE EVA J
  • Previous Owner : WELLS FARGO BANK MINNESOTA NA
  • Owner Before Previous Owner: ZONAR EUGENE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wadsworth City School District
  • School Tax School District: 5207
  • Census Tract: 417200

Geography

  • Parcel: 040-20D-07-097
  • Lot: 697
  • Municipality: WADSWORTH CITY WCSD
  • Latitude: 41.019
  • Longitude: -81.725

    Address

  • Full Address: 224 Water St
  • Address - House Number: 224
  • Address - Street Name: Water
  • Address - Suffix Type: St
  • State: OH
  • City Name: Wadsworth
  • Carrier Code: C005
  • 4-Digit Zip Code: 1738
  • Zip Code: 44281

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,423
  • Tax Rate Code Area: 040

    Appraisal Valuation

  • Standard Deviation: 0.1897
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 146,767
  • High Value: 174,614
  • Low Value: 118,921

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $139,326
  • First Open Lien Mortgage Lender: ASSURAFIRST FINANCIAL CO
  • First Open Lien Mortgage Recording Date: Nov 08, 2005
  • First Open Lien Mortgage Loan Amount: $66,000
  • 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: Dec 01, 2035
  • Second Open Lien Mortgage Lender: US BANK NA
  • Second Open Lien Mortgage Recording Date: Mar 22, 2018
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $50,326
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2038
  • Third Open Lien Mortgage Lender: GENFED FINANCIAL FCU
  • Third Open Lien Mortgage Recording Date: May 21, 2018
  • Third Open Lien Mortgage Financing Type: Variable
  • Third Open Lien Mortgage Loan Amount: $23,000
  • Third Open Lien Mortgage Term: 240
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Commercial
  • Third Open Lien Mortgage Loan Due Date: Jun 01, 2038

    Market Valuation

  • Market Total Value: $91,840
  • Market Land Value: $43,750
  • Market Improvement Value: $48,090

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,140
  • Assessed Land Value: $15,310
  • Assessed Improvements Value: $16,830

    Sales

  • Current Sale Contract Date: Oct 17, 2005
  • Current Sale Recording Date: Nov 08, 2005
  • Current Sale Transaction ID: 11447461811
  • Current Sale Price: $66,000
  • Current Sale Document Type: Limited Warranty Deed
  • Current Sale Input Document Number: 2005OR038964
  • Previous Sale Recording Date: Jul 12, 2005
  • Previous Sale Contract Date: Jul 11, 2005
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: ASSURAFIRST FINANCIAL CO
  • First Mortgage Transaction Date: Nov 08, 2005
  • First Mortgage Loan Amount: $66,000
  • 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: Dec 01, 2035

About Wadsworth



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Frequently Asked Questions

What neighborhood is 224 Water Street located in?
The 224 Water Street is a located in the neighborhood of Wadsworth in Wadsworth, Wadsworth.
What is the average sales price for listings in 224 Water Street?
The average sales price for units in 224 Water Street is $0 currently.

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