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2508 Prairie Lane

2508 Prairie Lane, Wooster, OH 44691
Property in Wooster
Sold Sep 30, 2020
$545,000
$510,000 by The Farmers National Bank Of C
Mortgage Due Oct 01, 2050
Sold Feb 15, 2005
$303,000
$242,400 by Americas Wholesale Lender
Mortgage Due Mar 01, 2035
Local assessors in Wooster, OH have categorized 2508 Prairie Lane as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 1,386,645 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a log cabin/rustic style. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. 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 3 partial bathrooms. 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 2508 Prairie Lane has a total of 2,016 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 full basement that is 1,344 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 attached garage for those who need a place to park their vehicle. The garage on the property is 576 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 a open porch so you'll have a great option in the front of the home. 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. 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. 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, 2508 Prairie Lane was last sold in Sep 29, 2020 for $545,000. According to our calculations, that's $270.34 per sqft. Prior to that sales transaction, the property was sold for $303,000 in Feb 11, 2005. Current property owners are expected to pay $3,672 in taxes per year. The property on 2508 Prairie Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $165,270. To break that down further, the land itself was valued at $92,230. While improvements to the property were assessed at a total of $73,040. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 1
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Log cabin/Rustic
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 1,344
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 1,386,645
  • Total Building Area: 2,016
  • Building Area: 2,016
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,016
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 31.833
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: 13-15-21 NPT NE 31.833A CD 1051

Ownership

  • Current Owner : PHILLIPS NICHOLAS
  • Current Owner 2: PHILLIPS SAMANTHA
  • Previous Owner : CROMBIE KAREN C
  • Owner Before Previous Owner: SLABAUGH DERLE
  • Owner Before Previous Owner 2: SLABAUGH CLEO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Triway Local School District
  • School Tax School District: 8509
  • Census Tract: 000500

Geography

  • Parcel: 56-00601-000
  • Meridian: SEC 21 TWN 15N RNG 13W
  • Municipality: WOOSTER TOWNSHIP
  • Latitude: 40.7689
  • Longitude: -81.9378

    Address

  • Full Address: 2508 Prairie Ln
  • Address - House Number: 2508
  • Address - Street Name: Prairie
  • Address - Suffix Type: Ln
  • State: OH
  • City Name: Wooster
  • Carrier Code: R011
  • 4-Digit Zip Code: 9440
  • Zip Code: 44691

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,672
  • Tax Rate Code Area: 56

    Appraisal Valuation

  • Standard Deviation: 0.2592
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 63
  • Final Value: 932,702
  • High Value: 1,174,510
  • Low Value: 690,893

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,000
  • First Open Lien Mortgage Lender: THE FARMERS NATIONAL BANK OF C
  • First Open Lien Mortgage Recording Date: Sep 30, 2020
  • First Open Lien Mortgage Loan Amount: $510,000
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $472,200
  • Market Land Value: $263,510
  • Market Improvement Value: $208,690

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $165,270
  • Assessed Land Value: $92,230
  • Assessed Improvements Value: $73,040

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 29, 2020
  • Current Sale Recording Date: Sep 30, 2020
  • Current Sale Transaction ID: 11790023662
  • Current Sale Price: $545,000
  • Current Sale Document Type: Survivorship Deed
  • Current Sale Input Document Number: 202000011753
  • Previous Sale Recording Date: Feb 15, 2005
  • Previous Sale Contract Date: Feb 11, 2005
  • Previous Sale Amount: $303,000
  • Previous Sale Document Type: Survivorship Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE FARMERS NATIONAL BANK OF C
  • First Mortgage Transaction Date: Sep 30, 2020
  • First Mortgage Loan Amount: $510,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAS WHOLESALE LENDER
  • Previous Mortgage Transaction Date: Feb 15, 2005
  • Previous Mortgage Loan Amount: $242,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Mar 01, 2035

About Wayne



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Frequently Asked Questions

What neighborhood is 2508 Prairie Lane located in?
The 2508 Prairie Lane is a located in the neighborhood of Wooster in Wayne, Wooster.
What is the average sales price for listings in 2508 Prairie Lane?
The average sales price for units in 2508 Prairie Lane is $0 currently.

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