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407 North Race Street

407 North Race Street, Van Wert, OH 45891
Property in Pleasant
Sold Mar 16, 2012
$26,500
$22,300 by Van Wert Fsb
Mortgage Due Apr 01, 2027
Sold Mar 16, 2003
$26,500
Buyer
407 North Race Street in Van Wert, OH was first built in 1947 and is 77 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 407 North Race Street has 660 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. The linear feet across the front of the lot is 66,000 ft and the linear feet between the front and back of the lot is 1,320. In total, the area measurement of the land is 871,200 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of shingle (not wood). For those who need parking, there is a garage. The garage is 280 sqft. There is one available parking space. 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 frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. As for heating, the home is utilizing a central heating system and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 407 North Race Street was last sold in Mar 15, 2012 for $26,500. According to our calculations, that's $40.15 per sqft. Prior to that sales transaction, the property was sold for $26,500 in Mar 16, 2003. Current property owners are expected to pay $553 in taxes per year. The property on 407 North Race Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $10,450. To break that down further, the land itself was valued at $2,820. While improvements to the property were assessed at a total of $7,630. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Quality: D
  • Construction Type: Frame
  • 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: Wood
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 871,200
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 66,000
  • Total Building Area: 660
  • Building Area: 660
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 660
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 20
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SD 5 OL 9-2 VAN WERT 1 OR 366P2137

Ownership

  • Current Owner : DRAKE TINA M
  • Previous Owner : MCCLURE PHIL R
  • Previous Owner 2: MCCLURE BONNIE J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Van Wert City School District
  • Census Tract: 020600

Geography

  • District: 12
  • Parcel: 12-031348.0000
  • Lot: 5
  • Municipality: VAN WERT CORP
  • Latitude: 40.874
  • Longitude: -84.5748

    Address

  • Full Address: 407 N Race St
  • Address - House Number: 407
  • Street Direction: N
  • Address - Street Name: Race
  • Address - Suffix Type: St
  • State: OH
  • City Name: Van Wert
  • Carrier Code: C005
  • 4-Digit Zip Code: 1344
  • Zip Code: 45891

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $553

    Appraisal Valuation

  • Standard Deviation: 0.2446
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 51
  • Final Value: 54,492
  • High Value: 67,821
  • Low Value: 41,162

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $22,300
  • First Open Lien Mortgage Lender: VAN WERT FSB
  • First Open Lien Mortgage Recording Date: Mar 16, 2012
  • First Open Lien Mortgage Loan Amount: $22,300
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2027

    Market Valuation

  • Market Total Value: $29,860
  • Market Land Value: $8,060
  • Market Improvement Value: $21,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $10,450
  • Assessed Land Value: $2,820
  • Assessed Improvements Value: $7,630

    Sales

  • Current Sale Contract Date: Mar 15, 2012
  • Current Sale Recording Date: Mar 16, 2012
  • Current Sale Transaction ID: 1103401624
  • Current Sale Price: $26,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201200001030
  • Previous Sale Recording Date: Mar 16, 2003
  • Previous Sale Contract Date: Mar 16, 2003
  • Previous Sale Amount: $26,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: VAN WERT FSB
  • First Mortgage Transaction Date: Mar 16, 2012
  • First Mortgage Loan Amount: $22,300
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2027

About Van Wert



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Frequently Asked Questions

What neighborhood is 407 North Race Street located in?
The 407 North Race Street is a located in the neighborhood of Pleasant in Van Wert, Van Wert.
What is the average sales price for listings in 407 North Race Street?
The average sales price for units in 407 North Race Street is $0 currently.

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