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311 Gilbert Avenue

311 Gilbert Avenue, Fairborn, OH 45324
Property in Bath
Sold May 11, 2021
$100,000
$97,171 by Wright-patt Credit Union Inc
Mortgage Due May 01, 2051
Sold Jul 09, 2020
$23,000
311 Gilbert Avenue in Fairborn, OH was first built in 1950 and is 74 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 311 Gilbert Avenue has 744 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 6,251 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with other control joints. The condition of the building has been evaluated as fair. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a central heating system and being fueled with gas. 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, 311 Gilbert Avenue sold most recently in Apr 22, 2021 for a total of $100,000. If you work out the math, that's approximately a cost of $134.41 per sqft. Before that, the property was also sold for $23,000 in Jan 28, 2020. 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 $1,320 in taxes each year. 311 Gilbert Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $27,280. If we break it down further, the land itself was valued at $4,550. Improvements to the property, however, were assessed at a total of $22,730. 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. 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.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: 1950
  • Effective Year Built: 1950
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Construction Type: Other
  • Building Style: Bungalow
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,251
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 744
  • Building Area: 744
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 744
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: W V HEIGHTS
  • Land Acres: 0.143
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: W V HEIGHTS ALL LOT 1753 311 GILBERT AV

Ownership

  • Current Owner : FRAUENKNECHT ALLISON
  • Previous Owner : NEWCASTLE INVESTMENT PROPERTIES LLC
  • Owner Before Previous Owner: BLACK DANNY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fairborn City School District
  • Census Tract: 200700

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: MAP 13
  • Parcel: A02-0002-0013.0-0052.00
  • Lot: 1753
  • Municipality: FAIRBORN CITY FAIRBORN CSD
  • Latitude: 39.8018
  • Longitude: -84.0328

    Address

  • Full Address: 311 Gilbert Ave
  • Address - House Number: 311
  • Address - Street Name: Gilbert
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Fairborn
  • Carrier Code: C024
  • 4-Digit Zip Code: 3207
  • Zip Code: 45324

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,320

    Appraisal Valuation

  • Standard Deviation: 0.2402
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 66
  • Final Value: 113,474
  • High Value: 140,737
  • Low Value: 86,211

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $97,171
  • First Open Lien Mortgage Lender: WRIGHT-PATT CREDIT UNION INC
  • First Open Lien Mortgage Recording Date: May 11, 2021
  • First Open Lien Mortgage Loan Amount: $97,171
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $77,950
  • Market Land Value: $13,000
  • Market Improvement Value: $64,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,280
  • Assessed Land Value: $4,550
  • Assessed Improvements Value: $22,730

    Sales

  • Current Sale Contract Date: Apr 22, 2021
  • Current Sale Recording Date: May 11, 2021
  • Current Sale Transaction ID: 11836110545
  • Current Sale Price: $100,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021011356
  • Previous Sale Recording Date: Jul 09, 2020
  • Previous Sale Contract Date: Jan 28, 2020
  • Previous Sale Amount: $23,000
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: WRIGHT-PATT CREDIT UNION INC
  • First Mortgage Transaction Date: May 11, 2021
  • First Mortgage Loan Amount: $97,171
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2051

About Fairborn



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Frequently Asked Questions

What neighborhood is 311 Gilbert Avenue located in?
The 311 Gilbert Avenue is a located in the neighborhood of Bath in Fairborn, Fairborn.
What is the average sales price for listings in 311 Gilbert Avenue?
The average sales price for units in 311 Gilbert Avenue is $0 currently.

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