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355 Cherrywood Drive

355 Cherrywood Drive, Fairborn, OH 45324
Property in Bath
Sold Nov 09, 2021
$179,900
$170,905 by United Wholesale Mortgage
Mortgage Due Nov 01, 2051
Sold Dec 29, 2009
$146,000
$143,355 by Polaris Home Funding Corp
Mortgage Due Jan 01, 2040
355 Cherrywood Drive in Fairborn, OH was first built in 1964 and is 60 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 colonial style. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 355 Cherrywood Drive has 1,860 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. In total, the area measurement of the land is 10,009 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 masonry control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 355 Cherrywood Drive sold most recently in Oct 24, 2021 for a total of $179,900. If you work out the math, that's approximately a cost of $96.72 per sqft. Before that, the property was also sold for $146,000 in Dec 8, 2009. 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 $3,355 in taxes each year. 355 Cherrywood Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $69,330. If we break it down further, the land itself was valued at $12,820. Improvements to the property, however, were assessed at a total of $56,510. 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: 1964
  • Effective Year Built: 1964
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Colonial
  • Exterior Walls Type: Masonry
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,009
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,860
  • Building Area: 1,860
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,860
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FOREST HILLS 6
  • Land Acres: 0.229
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: FOREST HILLS 6 ALL LOT 4730 355 CHERRYWOOD DR

Ownership

  • Current Owner : HOLMES STEVEN
  • Previous Owner : VANSCHUYVER MARISSA R
  • Owner Before Previous Owner: MOORE DENNIS A
  • Owner Before Previous Owner 2: MOORE CATHY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fairborn City School District
  • Census Tract: 200600

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 22
  • Parcel: A02-0002-0022.0-0187.00
  • Lot: 4730
  • Municipality: FAIRBORN CITY FAIRBORN CSD
  • Latitude: 39.795
  • Longitude: -84.0155

    Address

  • Full Address: 355 Cherrywood Dr
  • Address - House Number: 355
  • Address - Street Name: Cherrywood
  • Address - Suffix Type: Dr
  • State: OH
  • City Name: Fairborn
  • Carrier Code: C017
  • 4-Digit Zip Code: 4012
  • Zip Code: 45324

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,355

    Appraisal Valuation

  • Standard Deviation: 0.2237
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 238,994
  • High Value: 292,474
  • Low Value: 185,515

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $170,905
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 09, 2021
  • First Open Lien Mortgage Loan Amount: $170,905
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $198,070
  • Market Land Value: $36,620
  • Market Improvement Value: $161,450

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $69,330
  • Assessed Land Value: $12,820
  • Assessed Improvements Value: $56,510

    Sales

  • Current Sale Contract Date: Oct 24, 2021
  • Current Sale Recording Date: Nov 09, 2021
  • Current Sale Transaction ID: 11869162010
  • Current Sale Price: $179,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021027251
  • Previous Sale Recording Date: Dec 29, 2009
  • Previous Sale Contract Date: Dec 08, 2009
  • Previous Sale Amount: $146,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Nov 09, 2021
  • First Mortgage Loan Amount: $170,905
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: POLARIS HOME FUNDING CORP
  • Previous Mortgage Transaction Date: Dec 29, 2009
  • Previous Mortgage Loan Amount: $143,355
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2040

About Fairborn



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Frequently Asked Questions

What neighborhood is 355 Cherrywood Drive located in?
The 355 Cherrywood Drive is a located in the neighborhood of Bath in Fairborn, Fairborn.
What is the average sales price for listings in 355 Cherrywood Drive?
The average sales price for units in 355 Cherrywood Drive is $0 currently.

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