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402 Summit Street

402 Summit Street, Defiance, OH 43512
Property in Defiance
Sold May 31, 2019
$66,000
$15,000 by Huntington National Bank
Mortgage
Sold Sep 28, 2016
$43,500
$35,000 by The Sherwood State Bank
Mortgage
Local assessors in Defiance, OH have categorized 402 Summit Street as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 7,667 square feet. The linear feet between the front and back of the lot was measured at 1,080 ft and the front of the lot was measured at 710 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 402 Summit Street has a total of 1,155 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 320 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D+. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 402 Summit Street sold most recently in May 31, 2019 for a total of $66,000. If you work out the math, that's approximately a cost of $57.14 per sqft. Before that, the property was also sold for $43,500 in Sep 28, 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 $803 in taxes each year. 402 Summit Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $21,330. If we break it down further, the land itself was valued at $4,070. Improvements to the property, however, were assessed at a total of $17,260. 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: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Building Quality: D+
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 320
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,667
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 710
  • Total Building Area: 1,155
  • Building Area: 1,155
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,155
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: EAST DEFIANCE
  • Land Acres: 0.176
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: EAST DEFIANCE LOT 9 PT

Ownership

  • Current Owner : ENGEL ELIZABETH A
  • Previous Owner : KOST JOHN W
  • Previous Owner 2: KOST CARISSA A
  • Owner Before Previous Owner: DRY CREEK LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Defiance City School District
  • School Tax School District: DEFIANCE CSD
  • Census Tract: 958800

Geography

  • District: B01
  • Parcel: B014146004400
  • Lot: 9
  • Municipality: DEFIANCE CITY
  • Latitude: 41.283
  • Longitude: -84.3555

    Address

  • Full Address: 402 Summit St
  • Address - House Number: 402
  • Address - Street Name: Summit
  • Address - Suffix Type: St
  • State: OH
  • City Name: Defiance
  • Carrier Code: C007
  • 4-Digit Zip Code: 2239
  • Zip Code: 43512

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $803
  • Tax Rate Code Area: B01

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 76,683
  • High Value: 111,559
  • Low Value: 41,806

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $15,000
  • First Open Lien Mortgage Lender: HUNTINGTON NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jan 12, 2023
  • First Open Lien Mortgage Loan Amount: $15,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $60,950
  • Market Land Value: $11,630
  • Market Improvement Value: $49,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,330
  • Assessed Land Value: $4,070
  • Assessed Improvements Value: $17,260

    Sales

  • Current Sale Contract Date: May 31, 2019
  • Current Sale Recording Date: May 31, 2019
  • Current Sale Transaction ID: 11610829761
  • Current Sale Price: $66,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201900001940
  • Previous Sale Recording Date: Sep 28, 2016
  • Previous Sale Contract Date: Sep 28, 2016
  • Previous Sale Amount: $43,500
  • Previous Sale Document Type: Survivorship Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDWEST COMMUNITY CU
  • First Mortgage Transaction Date: May 31, 2019
  • First Mortgage Loan Amount: $63,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Jun 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: THE SHERWOOD STATE BANK
  • Previous Mortgage Transaction Date: Sep 28, 2016
  • Previous Mortgage Loan Amount: $35,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Defiance



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Frequently Asked Questions

What neighborhood is 402 Summit Street located in?
The 402 Summit Street is a located in the neighborhood of Defiance in Defiance, Defiance.
What is the average sales price for listings in 402 Summit Street?
The average sales price for units in 402 Summit Street is $0 currently.

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