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240 Teakwood Lane

240 Teakwood Lane, Springboro, OH 45066
Property in Clear Creek
Sold May 10, 2023
$220,000
$213,400 by Fairway Independent Mtg Corp
Mortgage Due Jun 01, 2053
Sold Sep 17, 2021
$180,000
$171,000 by Guild Mortgage Co
Mortgage Due Sep 01, 2051
240 Teakwood Lane in Springboro, OH was first built in 1972 and is 52 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split level style. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 240 Teakwood Lane has 1,492 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 525 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 680 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 8,500 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who need parking, there is a attached garage. The garage is 300 sqft. There is one available parking space. 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 quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. 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 heat pump and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in May 9, 2023 for $220,000. That's $122.77 per sqft. Prior to that sales transaction, the property was also sold in Aug 9, 2021 for $180,000. 240 Teakwood Lane was last assessed in 2022. The total value of the property was assessed at $52,000. Specifically, the land the property is located on was valued at $16,520. While improvements on the property were assessed at a total of $35,480. 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 $2,182. 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. 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: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Masonry
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 525
  • Garage Type: Attached
  • Garage Square Area: 300
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,500
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 680
  • Total Building Area: 1,792
  • Gross Building Area: 1,792
  • Building Area: 1,492
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,492
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TAMARACK HILLS
  • Land Acres: 0.191
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: TAMARACK HILLS LOT# 177

Ownership

  • Current Owner : CAIN SEAN MICHAEL
  • Previous Owner : HARRISON ALEXANDER
  • Previous Owner 2: HARRISON RAQUEL
  • Owner Before Previous Owner: HARRISON TIMOTHY A
  • Owner Before Previous Owner 2: HARRISON PATRICIA ANN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Springboro Community City School District
  • School Tax School District: SPRINGBORO CCSD
  • Census Tract: 030503

Geography

  • Assessors Map Reference: PG 04Q-14A
  • Account Number: 504718
  • Parcel: 04-14-152-005-0
  • Block: 152
  • Lot: 177
  • Municipality: SPRINGBORO CORP
  • Latitude: 39.5697
  • Longitude: -84.2483

    Address

  • Full Address: 240 Teakwood Ln
  • Address - House Number: 240
  • Address - Street Name: Teakwood
  • Address - Suffix Type: Ln
  • State: OH
  • City Name: Springboro
  • Carrier Code: R001
  • 4-Digit Zip Code: 8703
  • Zip Code: 45066

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,182
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 244,173
  • High Value: 286,838
  • Low Value: 201,507

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $213,400
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Open Lien Mortgage Recording Date: May 10, 2023
  • First Open Lien Mortgage Loan Amount: $213,400
  • 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: Jun 01, 2053

    Market Valuation

  • Market Total Value: $148,570
  • Market Land Value: $47,200
  • Market Improvement Value: $101,370

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $52,000
  • Assessed Land Value: $16,520
  • Assessed Improvements Value: $35,480

    Sales

  • Current Sale Contract Date: May 09, 2023
  • Current Sale Recording Date: May 10, 2023
  • Current Sale Transaction ID: 11906456679
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 9138
  • Previous Sale Recording Date: Sep 17, 2021
  • Previous Sale Contract Date: Aug 09, 2021
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Mortgage Transaction Date: May 10, 2023
  • First Mortgage Loan Amount: $213,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: GUILD MORTGAGE CO
  • Previous Mortgage Transaction Date: Sep 17, 2021
  • Previous Mortgage Loan Amount: $171,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2051

About Springboro



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Frequently Asked Questions

What neighborhood is 240 Teakwood Lane located in?
The 240 Teakwood Lane is a located in the neighborhood of Clear Creek in Springboro, Springboro.
What is the average sales price for listings in 240 Teakwood Lane?
The average sales price for units in 240 Teakwood Lane is $0 currently.

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