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363 Butternut Lane

363 Butternut Lane, Berea, OH 44017
House in Berea
Sold Aug 12, 2020
$154,000
$151,210 by Land-home Financial Services
Mortgage Due Sep 01, 2050
Sold Jul 20, 2016
$107,000
$85,600 by First Federal Community Bank O
Mortgage Due Aug 01, 2046
363 Butternut Lane has been categorized by the local assessors in Berea, OH as a residential type of property. The building on the property was first built in 1971 and is 53 years old. However, we must point out that the home was most recently renovated and altered in 1981. 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. The building has a total of 2 stories. In addition, 363 Butternut Lane has 1,044 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 770 ft and across the front of the lot is 790 ft. The area measurement of the land has been determined as 6,160 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level style.

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 504 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. 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 hip style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a storm sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though you may still need to pay additional fees to have your wastewater disposed in this manner. 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, 363 Butternut Lane sold most recently in Aug 6, 2020 for a total of $154,000. If you work out the math, that's approximately a cost of $99.48 per sqft. Before that, the property was also sold for $107,000 in Jul 8, 2016. 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 $3,699 in taxes each year. 363 Butternut Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $53,900. If we break it down further, the land itself was valued at $7,770. Improvements to the property, however, were assessed at a total of $46,130. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Split level
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 504
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,160
  • Lot Size Depth Feet: 770
  • Lot Size Frontage Feet: 790
  • Total Building Area: 1,548
  • Gross Building Area: 1,548
  • Building Area: 1,044
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,044
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BNUTLA RESUB
  • Land Acres: 0.141
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 4 BNUTLA RESUB 0047 ALL

Ownership

  • Current Owner : MORALES SANTOS LILDE MARYS
  • Previous Owner : WEINHAUER GARY C
  • Previous Owner 2: WEINHAUER MARY A
  • Owner Before Previous Owner: SIMON PETER C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Berea City School District
  • School Tax School District: BEREA CSD
  • Census Tract: 134203

Zoning

  • Zoning: RSF-B

Geography

  • Assessors Map Reference: 361-05
  • Parcel: 361-05-060
  • Lot: 47
  • Municipality: BEREA
  • Latitude: 41.3757
  • Longitude: -81.874

    Address

  • Full Address: 363 Butternut Ln
  • Address - House Number: 363
  • Address - Street Name: Butternut
  • Address - Suffix Type: Ln
  • State: OH
  • City Name: Berea
  • Carrier Code: C019
  • 4-Digit Zip Code: 1306
  • Zip Code: 44017

Valuation

    Tax

  • Total Area: 1,044
  • Tax Year: 2022
  • Tax Amount: $3,699
  • Tax Rate Code Area: BEREA

    Appraisal Valuation

  • Standard Deviation: 0.2677
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 61
  • Final Value: 208,880
  • High Value: 264,810
  • Low Value: 152,951

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $159,074
  • First Open Lien Mortgage Lender: LAND-HOME FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Aug 12, 2020
  • First Open Lien Mortgage Loan Amount: $151,210
  • 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: Sep 01, 2050
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Mar 13, 2023
  • Second Open Lien Mortgage Loan Amount: $7,864
  • Second Open Lien Mortgage Term: 329
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $154,000
  • Market Land Value: $22,200
  • Market Improvement Value: $131,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $53,900
  • Assessed Land Value: $7,770
  • Assessed Improvements Value: $46,130

    Sales

  • Current Sale Contract Date: Aug 06, 2020
  • Current Sale Recording Date: Aug 12, 2020
  • Current Sale Transaction ID: 11784560587
  • Current Sale Price: $154,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202008120483
  • Previous Sale Recording Date: Jul 20, 2016
  • Previous Sale Contract Date: Jul 08, 2016
  • Previous Sale Amount: $107,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LAND-HOME FINANCIAL SERVICES
  • First Mortgage Transaction Date: Aug 12, 2020
  • First Mortgage Loan Amount: $151,210
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FIRST FEDERAL COMMUNITY BANK O
  • Previous Mortgage Transaction Date: Jul 20, 2016
  • Previous Mortgage Loan Amount: $85,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2046

About Berea



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 363 Butternut Lane located in?
The 363 Butternut Lane is a house located in the neighborhood of Berea in Berea, Berea.
What is the average sales price for listings in 363 Butternut Lane?
The average sales price for units in 363 Butternut Lane is $149,900 , or $144/sqft. currently.

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