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2867 North Thayer Road

2867 North Thayer Road, Lima, OH 45801
Property in Bath
Sold Nov 02, 2020
$141,200
$134,140 by Equity Resources Inc
Mortgage Due Nov 01, 2050
Sold Sep 30, 2010
$62,000
Seller
Local assessors in Lima, OH have categorized 2867 North Thayer Road as a residential type of property. The home was built in 1920 and is 104 years old. It was most recently renovated and altered in 2020. The property's lot size has been calculated to be 94,961 square feet. 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 7 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 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 2867 North Thayer Road has a total of 1,684 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 partial basement that is 560 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. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 572 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 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. 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 - D. Lots of wood 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. 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, 2867 North Thayer Road was last sold in Oct 29, 2020 for $141,200. According to our calculations, that's $62.92 per sqft. Prior to that sales transaction, the property was sold for $62,000 in Sep 8, 2010. Current property owners are expected to pay $2,215 in taxes per year. The property on 2867 North Thayer Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $48,870. To break that down further, the land itself was valued at $7,950. While improvements to the property were assessed at a total of $40,920. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1920
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 560
  • Garage Type: Detached
  • Garage Square Area: 572
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 94,961
  • Total Building Area: 2,244
  • Gross Building Area: 2,244
  • Building Area: 1,684
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,684
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 2.18
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • State Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: PT SE1/4 RTS 07-03-14

Ownership

  • Current Owner : KARALFA JARRETT H
  • Previous Owner : JACKSON LORI A
  • Previous Owner 2: SCHAFER LORI A
  • Owner Before Previous Owner: FANNIE MAE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bath Local School District
  • Census Tract: 011302

Geography

  • Assessors Map Reference: H27-0033325
  • District: H27
  • Parcel: 37-1400-04-001.001
  • Municipality: BATH TOWNSHIP
  • Latitude: 40.7799
  • Longitude: -84.0135

    Address

  • Full Address: 2867 N Thayer Rd
  • Address - House Number: 2867
  • Street Direction: N
  • Address - Street Name: Thayer
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: Lima
  • Carrier Code: R005
  • 4-Digit Zip Code: 9770
  • Zip Code: 45801

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,215
  • Tax Rate Code Area: H27

    Appraisal Valuation

  • Standard Deviation: 0.2694
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 61
  • Final Value: 188,123
  • High Value: 238,810
  • Low Value: 137,436

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $134,140
  • First Open Lien Mortgage Lender: EQUITY RESOURCES INC
  • First Open Lien Mortgage Recording Date: Nov 02, 2020
  • First Open Lien Mortgage Loan Amount: $134,140
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $139,600
  • Market Land Value: $22,700
  • Market Improvement Value: $116,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,870
  • Assessed Land Value: $7,950
  • Assessed Improvements Value: $40,920

    Sales

  • Current Sale Contract Date: Oct 29, 2020
  • Current Sale Recording Date: Nov 02, 2020
  • Current Sale Transaction ID: 11796363240
  • Current Sale Price: $141,200
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202011020013508
  • Previous Sale Recording Date: Sep 30, 2010
  • Previous Sale Contract Date: Sep 08, 2010
  • Previous Sale Amount: $62,000
  • Previous Sale Document Type: Limited Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EQUITY RESOURCES INC
  • First Mortgage Transaction Date: Nov 02, 2020
  • First Mortgage Loan Amount: $134,140
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

About Allen



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Frequently Asked Questions

What neighborhood is 2867 North Thayer Road located in?
The 2867 North Thayer Road is a located in the neighborhood of Bath in Allen, Lima.
What is the average sales price for listings in 2867 North Thayer Road?
The average sales price for units in 2867 North Thayer Road is $0 currently.

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