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2977 Pine Grove Way

2977 Pine Grove Way, Lima, OH 45805
Property in Shawnee
Sold Aug 16, 2019
$540,000
$432,000 by First Federal Bank Of The Midw
Mortgage Due Sep 01, 2049
Sold Feb 13, 1998
$35,000
Local assessors in Lima, OH have categorized 2977 Pine Grove Way as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 218,236 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 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 are 3 full bathrooms. There are also 4 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 2977 Pine Grove Way has a total of 5,820 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 2,708 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 municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a storm sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 828 sqft. There are 3 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 brick 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 - A. Lots of brick 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 and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Aug 16, 2019 for $540,000. That's $72.62 per sqft. Prior to that sales transaction, the property was also sold in Feb 13, 1998 for $35,000. 2977 Pine Grove Way was last assessed in 2022. The total value of the property was assessed at $184,210. Specifically, the land the property is located on was valued at $21,910. While improvements on the property were assessed at a total of $162,300. 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 $10,291. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 2,708
  • Garage Type: Attached
  • Garage Square Area: 828
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 218,236
  • Total Building Area: 7,436
  • Gross Building Area: 7,436
  • Building Area: 5,820
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,820
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CATAUBA RUN
  • Land Acres: 5.01
  • 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: CATAUBA RUN IN PT NW1/4 LOT 5 JOINT TEN RTS 06-04-16

Ownership

  • Current Owner : BEST WILLIAM ALLAN
  • Current Owner 2: DRIESBACH JULIE ANN
  • Previous Owner : RAUCH CLYDE R
  • Previous Owner 2: RAUCH KAYE R
  • Owner Before Previous Owner: SCHWEI ROBERT
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants
  • Owner Generation Identifier: II

Neighborhood

  • School District Name: Shawnee Local School District
  • Census Tract: 012100

Geography

  • Assessors Map Reference: PM46-16-06
  • District: L35
  • Parcel: 46-1606-02-007.000
  • Lot: 5
  • Municipality: SHAWNEE TOWNSHIP
  • Latitude: 40.6979
  • Longitude: -84.1808

    Address

  • Full Address: 2977 Pine Grove Way
  • Address - House Number: 2977
  • Address - Street Name: Pine Grove
  • Address - Suffix Type: Way
  • State: OH
  • City Name: Lima
  • Carrier Code: C054
  • 4-Digit Zip Code: 4099
  • Zip Code: 45805

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,291
  • Tax Rate Code Area: L35

    Appraisal Valuation

  • Standard Deviation: 0.2576
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 63
  • Final Value: 708,856
  • High Value: 891,501
  • Low Value: 526,211

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $482,000
  • First Open Lien Mortgage Lender: FIRST FEDERAL BANK OF THE MIDW
  • First Open Lien Mortgage Recording Date: Aug 16, 2019
  • First Open Lien Mortgage Loan Amount: $432,000
  • 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: Sep 01, 2049
  • Second Open Lien Mortgage Lender: PREMIER BANK
  • Second Open Lien Mortgage Recording Date: Sep 26, 2023
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Sep 28, 2043

    Market Valuation

  • Market Total Value: $526,300
  • Market Land Value: $62,600
  • Market Improvement Value: $463,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $184,210
  • Assessed Land Value: $21,910
  • Assessed Improvements Value: $162,300

    Sales

  • Current Sale Contract Date: Aug 16, 2019
  • Current Sale Recording Date: Aug 16, 2019
  • Current Sale Transaction ID: 11636348997
  • Current Sale Price: $540,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201908160008428
  • Previous Sale Recording Date: Feb 13, 1998
  • Previous Sale Contract Date: Feb 13, 1998
  • Previous Sale Amount: $35,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FEDERAL BANK OF THE MIDW
  • First Mortgage Transaction Date: Aug 16, 2019
  • First Mortgage Loan Amount: $432,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2049

About Allen



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Frequently Asked Questions

What neighborhood is 2977 Pine Grove Way located in?
The 2977 Pine Grove Way is a located in the neighborhood of Shawnee in Allen, Lima.
What is the average sales price for listings in 2977 Pine Grove Way?
The average sales price for units in 2977 Pine Grove Way is $0 currently.

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