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249 Reserve Avenue

249 Reserve Avenue, Oberlin, OH 44074
Property in Oberlin
Sold May 19, 2005
$225,100
$125,000 by Firstmerit Mortgage Corp
Mortgage Due Jun 01, 2035
Local assessors in Oberlin, OH have categorized 249 Reserve Avenue as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 22,755 square feet. The linear feet between the front and back of the lot was measured at 2,509 ft and the front of the lot was measured at 907 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. 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 are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 249 Reserve Avenue has a total of 1,611 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 attached garage for those who need a place to park their vehicle. The garage on the property is 562 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 good. 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 - C. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 249 Reserve Avenue sold most recently in May 19, 2005 for a total of $225,100. If you work out the math, that's approximately a cost of $103.59 per sqft. 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 $3,909 in taxes each year. 249 Reserve Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $80,574. If we break it down further, the land itself was valued at $18,669. Improvements to the property, however, were assessed at a total of $61,905. 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. 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!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: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 562
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 22,755
  • Lot Size Depth Feet: 2,509
  • Lot Size Frontage Feet: 907
  • Total Building Area: 2,173
  • Gross Building Area: 2,173
  • Building Area: 1,611
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,611
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OBERLIN RESERVE SUB 2
  • Land Acres: 0.5
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: OBERLIN RESERVE SUB 2 90.71 X 250.85 S/L 43

Ownership

  • Current Owner : SOTO ALEX
  • Current Owner 2: SOTO JANE
  • Previous Owner : NORRIS BUILDERS INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Oberlin City School District
  • Census Tract: 060200

Geography

  • Parcel: 14-00-006-000-044
  • Lot: 43
  • Municipality: OBERLIN CITY/OBERLIN CSD
  • Latitude: 41.2737
  • Longitude: -82.2249

    Address

  • Full Address: 249 Reserve Ave
  • Address - House Number: 249
  • Address - Street Name: Reserve
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Oberlin
  • Carrier Code: R003
  • 4-Digit Zip Code: 9316
  • Zip Code: 44074

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,909
  • Tax Rate Code Area: 60

    Appraisal Valuation

  • Standard Deviation: 0.1849
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 75
  • Final Value: 337,392
  • High Value: 399,806
  • Low Value: 274,979

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $125,000
  • First Open Lien Mortgage Lender: FIRSTMERIT MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: May 19, 2005
  • First Open Lien Mortgage Loan Amount: $125,000
  • 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: Jun 01, 2035

    Market Valuation

  • Market Total Value: $230,210
  • Market Land Value: $53,340
  • Market Improvement Value: $176,870

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,574
  • Assessed Land Value: $18,669
  • Assessed Improvements Value: $61,905

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 19, 2005
  • Current Sale Recording Date: May 19, 2005
  • Current Sale Transaction ID: 11440908603
  • Current Sale Price: $225,100
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 073427

    Last Sale Mortgage

  • First Mortgage Lender: FIRSTMERIT MORTGAGE CORP
  • First Mortgage Transaction Date: May 19, 2005
  • First Mortgage Loan Amount: $125,000
  • 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: Jun 01, 2035

About Oberlin



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Frequently Asked Questions

What neighborhood is 249 Reserve Avenue located in?
The 249 Reserve Avenue is a located in the neighborhood of Oberlin in Oberlin, Oberlin.
What is the average sales price for listings in 249 Reserve Avenue?
The average sales price for units in 249 Reserve Avenue is $0 currently.

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