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325 Markley Road Southwest

325 Markley Road Southwest, London, OH 43140
Property in Somerford
Sold Jan 26, 1999
$149,000
$100,000 by Sce Federal Credit Union
Mortgage Due Aug 08, 2042
325 Markley Road Southwest has been categorized by the local assessors in London, OH as a residential type of property. The building on the property was first built in 1981 and is 43 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 325 Markley Road Southwest has 1,480 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 217,800 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 462 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of shingle (not wood). The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump. The property was last sold in Jan 26, 1999 for $149,000. That's $100.68 per sqft. 325 Markley Road Southwest was last assessed in 2022. The total value of the property was assessed at $65,660. Specifically, the land the property is located on was valued at $20,580. While improvements on the property were assessed at a total of $45,080. 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 $3,047. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 1981
  • Effective Year Built: 1981
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 217,800
  • Total Building Area: 1,480
  • Building Area: 1,480
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,480
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOMERFORD
  • Land Acres: 5
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: 5.001A 4424

Ownership

  • Current Owner : BORDERS WESLEY H
  • Current Owner 2: BORDERS SUSAN L
  • Previous Owner : GRIGSBY JAMES A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: London City School District
  • School Tax School District: LONDON
  • Census Tract: 040201

Geography

  • Assessors Map Reference: 024
  • Parcel: 24-01427.000
  • Municipality: SOMERFORD TWP
  • Latitude: 39.9269
  • Longitude: -83.5225

    Address

  • Full Address: 325 Markley Rd
  • Address - House Number: 325
  • Address - Street Name: Markley
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: London
  • Carrier Code: R005
  • 4-Digit Zip Code: 9236
  • Zip Code: 43140

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,047
  • Tax Rate Code Area: 24

    Appraisal Valuation

  • Standard Deviation: 0.221
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 69
  • Final Value: 295,081
  • High Value: 360,307
  • Low Value: 229,856

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: SCE FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Aug 15, 2022
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Aug 08, 2042

    Market Valuation

  • Market Total Value: $187,600
  • Market Land Value: $58,800
  • Market Improvement Value: $128,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $65,660
  • Assessed Land Value: $20,580
  • Assessed Improvements Value: $45,080

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 26, 1999
  • Current Sale Recording Date: Jan 26, 1999
  • Current Sale Transaction ID: 11462780358
  • Current Sale Price: $149,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: STRICTLY MOBILE CO INC
  • First Mortgage Transaction Date: Jan 26, 1999
  • First Mortgage Loan Amount: $141,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 26, 2029

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Madison



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Frequently Asked Questions

What neighborhood is 325 Markley Road Southwest located in?
The 325 Markley Road Southwest is a located in the neighborhood of Somerford in Madison, London.
What is the average sales price for listings in 325 Markley Road Southwest?
The average sales price for units in 325 Markley Road Southwest is $0 currently.

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