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4947 Wayland Road

4947 Wayland Road, Diamond, OH 44412
Property in Palmyra
Sold May 20, 2016
$113,500
$111,443 by Fairway Independent Mortgage C
Mortgage Due Jun 01, 2046
Sold Sep 03, 2004
$129,000
$103,200 by Advantage Bank
Mortgage Due Oct 01, 2011
4947 Wayland Road has been categorized by the local assessors in Diamond, OH as a residential type of property. The building on the property was first built in 1950 and is 74 years old. However, we must point out that the home was most recently renovated and altered in 2004. 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, 4947 Wayland Road has 977 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 809 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 87,643 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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 528 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. 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. 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 exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing baseboard heaters and being fueled with oil. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 4947 Wayland Road sold most recently in May 19, 2016 for a total of $113,500. If you work out the math, that's approximately a cost of $49.05 per sqft. Before that, the property was also sold for $129,000 in Aug 20, 2004. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,797 in taxes each year. 4947 Wayland Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $45,790. If we break it down further, the land itself was valued at $8,090. Improvements to the property, however, were assessed at a total of $37,700. 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: 2004
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 809
  • Garage Type: Attached
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 87,643
  • Total Building Area: 2,314
  • Gross Building Area: 2,314
  • Building Area: 977
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 977
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: PALMYRA
  • Land Acres: 2.012
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • State Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: DIV 4 LOT 27 SE

Ownership

  • Current Owner : GEORGE STACEY L
  • Previous Owner : RACINE WILLIAM P
  • Previous Owner 2: RACINE SUZANNA L
  • Owner Before Previous Owner: SAMBLANET TODD
  • Owner Before Previous Owner 2: SAMBLANET TESSA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Southeast Local School District
  • School Tax School District: SOUTHEAST
  • Census Tract: 600706

Geography

  • District: 26
  • Parcel: 26-427-00-00-007-000
  • Lot: 27
  • Municipality: PALMYRA TWP
  • Latitude: 41.1243
  • Longitude: -81.0706

    Address

  • Full Address: 4947 Wayland Rd
  • Address - House Number: 4947
  • Address - Street Name: Wayland
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: Diamond
  • Carrier Code: R091
  • 4-Digit Zip Code: 9711
  • Zip Code: 44412

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,797
  • Tax Rate Code Area: 26 6708

    Appraisal Valuation

  • Standard Deviation: 0.2221
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 69
  • Final Value: 199,981
  • High Value: 244,412
  • Low Value: 155,550

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $111,443
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: May 20, 2016
  • First Open Lien Mortgage Loan Amount: $111,443
  • 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: Jun 01, 2046

    Market Valuation

  • Market Total Value: $130,800
  • Market Land Value: $23,100
  • Market Improvement Value: $107,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,790
  • Assessed Land Value: $8,090
  • Assessed Improvements Value: $37,700

    Sales

  • Current Sale Contract Date: May 19, 2016
  • Current Sale Recording Date: May 20, 2016
  • Current Sale Transaction ID: 1638080351
  • Current Sale Price: $113,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201607713
  • Previous Sale Recording Date: Sep 03, 2004
  • Previous Sale Contract Date: Aug 20, 2004
  • Previous Sale Amount: $129,000
  • Previous Sale Document Type: Survivorship Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: May 20, 2016
  • First Mortgage Loan Amount: $111,443
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: ADVANTAGE BANK
  • Previous Mortgage Transaction Date: Sep 03, 2004
  • Previous Mortgage Loan Amount: $103,200
  • Previous Mortgage Term: 84
  • Previous Mortgage Loan Type: Balloon
  • Previous Mortgage Loan Due Date: Oct 01, 2011

About Portage



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Frequently Asked Questions

What neighborhood is 4947 Wayland Road located in?
The 4947 Wayland Road is a located in the neighborhood of Palmyra in Portage, Diamond.
What is the average sales price for listings in 4947 Wayland Road?
The average sales price for units in 4947 Wayland Road is $0 currently.

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