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361 Homer Street

361 Homer Street, Marion, OH 43302
Property in Marion
Sold Oct 28, 2021
$90,000
$85,500 by The Union Bank Co
Mortgage Due Nov 01, 2051
Sold Apr 27, 2000
Transfer
361 Homer Street has been categorized by the local assessors in Marion, OH as a residential type of property. The building on the property was first built in 1953 and is 71 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 361 Homer Street has 1,182 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 6,736 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 garage for those who require parking. 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 frame control joints. The roof of the building is made of shingle (not wood). While the interior walls have been made of paneling. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery 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, 361 Homer Street sold most recently in Oct 22, 2021 for a total of $90,000. If you work out the math, that's approximately a cost of $76.14 per sqft. 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 $1,304 in taxes each year. 361 Homer Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $34,840. If we break it down further, the land itself was valued at $6,720. Improvements to the property, however, were assessed at a total of $28,120. 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: 1953
  • Effective Year Built: 1953
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Interior Walls Type: Paneling
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 1,140
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,736
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,182
  • Building Area: 1,182
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 1,182
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CLARIDON HEIGHTS SUBDIVISION
  • Land Acres: 0.154
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: CLARIDON HTS LOT 13419 PG 40 240 47.00 27.00

Ownership

  • Current Owner : SHERIDAN JENNIFER E
  • Current Owner 2: SHERIDAN ALEXANDER D
  • Previous Owner : EMPTAGE BRUCE LEE
  • Previous Owner 2: EMPTAGE RITA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Marion City School District
  • School Tax School District: MARION TWP
  • School Tax District Code 2: MARION-MARION
  • Census Tract: 000700

Geography

  • District: 12
  • Parcel: 12-447000.2700
  • Lot: 13419
  • Municipality: MARION TWP
  • Latitude: 40.5843
  • Longitude: -83.1004

    Address

  • Full Address: 361 Homer St
  • Address - House Number: 361
  • Address - Street Name: Homer
  • Address - Suffix Type: St
  • State: OH
  • City Name: Marion
  • Carrier Code: C031
  • 4-Digit Zip Code: 5609
  • Zip Code: 43302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,304
  • Tax Rate Code Area: 12

    Appraisal Valuation

  • Standard Deviation: 0.1553
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 68
  • Final Value: 126,099
  • High Value: 145,683
  • Low Value: 106,514

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $85,500
  • First Open Lien Mortgage Lender: THE UNION BANK CO
  • First Open Lien Mortgage Recording Date: Oct 28, 2021
  • First Open Lien Mortgage Loan Amount: $85,500
  • 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, 2051

    Market Valuation

  • Market Total Value: $99,540
  • Market Land Value: $19,200
  • Market Improvement Value: $80,340

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $34,840
  • Assessed Land Value: $6,720
  • Assessed Improvements Value: $28,120

    Sales

  • Current Sale Contract Date: Oct 22, 2021
  • Current Sale Recording Date: Oct 28, 2021
  • Current Sale Transaction ID: 11864508278
  • Current Sale Price: $90,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-08699
  • Previous Sale Recording Date: Apr 27, 2000
  • Previous Sale Contract Date: Apr 27, 2000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE UNION BANK CO
  • First Mortgage Transaction Date: Oct 28, 2021
  • First Mortgage Loan Amount: $85,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

About Marion



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Frequently Asked Questions

What neighborhood is 361 Homer Street located in?
The 361 Homer Street is a located in the neighborhood of Marion in Marion, Marion.
What is the average sales price for listings in 361 Homer Street?
The average sales price for units in 361 Homer Street is $0 currently.

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