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2540 Shaw Road Southwest

2540 Shaw Road Southwest, Lancaster, OH 43130
Property in Hocking
Local assessors in Lancaster, OH have categorized 2540 Shaw Road Southwest as a agricultural type of property. The home was built in 1920 and is 104 years old. It was most recently renovated and altered in 1972. The property's lot size has been calculated to be 2,374,020 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a style that we are currently unable to determine. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 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 is one full bathroom. There are also 2 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 2540 Shaw Road Southwest has a total of 1,474 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. The home sources its water from a well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. 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 fair. 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 heating system is the primary heating source and it is being fueled with oil. 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, 2540 Shaw Road Southwest sold most recently in Mar 31, 2004 for a total of $100,000. If you work out the math, that's approximately a cost of $56.75 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 $1,838 in taxes each year. 2540 Shaw Road Southwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $162,940. If we break it down further, the land itself was valued at $126,640. Improvements to the property, however, were assessed at a total of $36,300. 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. 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.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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Fair
  • Building Quality: C
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,374,020
  • Total Building Area: 1,762
  • Gross Building Area: 1,956
  • Building Area: 1,956
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,474
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Agricultural
  • Land Acres: 54.5
  • Standard Land Use Code: Farm land
  • Legal Description 1: R 19 T 14 S 17 SW

Ownership

  • Current Owner : FOX TIMOTHY G
  • Previous Owner : FOX HUGH O
  • Previous Owner 2: FOX ANN

Neighborhood

  • School District Name: Lancaster City School District
  • School Tax School District: LANCASTER CSD
  • Census Tract: 032501

Geography

  • Assessors Map Reference: 0017
  • District: 018
  • Parcel: 01-80060-600
  • Meridian: SEC 17 TWN 14N RNG 19W
  • Municipality: HOCKING TOWNSHIP
  • Latitude: 39.6927
  • Longitude: -82.6951

    Address

  • Full Address: 2540 Shaw Rd Sw
  • Address - House Number: 2540
  • Street Segment Direction: SW
  • Address - Street Name: Shaw
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: Lancaster
  • Carrier Code: R006
  • 4-Digit Zip Code: 9254
  • Zip Code: 43130

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,838
  • Tax Rate Code Area: 018

    Market Valuation

  • Market Total Value: $465,550
  • Market Land Value: $361,840
  • Market Improvement Value: $103,710

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $162,940
  • Assessed Land Value: $126,640
  • Assessed Improvements Value: $36,300

    Sales

  • Current Sale Contract Date: Mar 31, 2004
  • Current Sale Recording Date: Apr 07, 2004
  • Current Sale Transaction ID: 1127702929
  • Current Sale Price: $100,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 200400009760

    Last Sale Mortgage

  • First Mortgage Lender: KINGSTON NATIONAL BANK
  • First Mortgage Transaction Date: Apr 07, 2004
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Mar 30, 2024

About Fairfield



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Frequently Asked Questions

What neighborhood is 2540 Shaw Road Southwest located in?
The 2540 Shaw Road Southwest is a located in the neighborhood of Hocking in Fairfield, Lancaster.
What is the average sales price for listings in 2540 Shaw Road Southwest?
The average sales price for units in 2540 Shaw Road Southwest is $0 currently.

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