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506 Wesleyan Drive

506 Wesleyan Drive, Lakeside Marblehead, OH 43440
Property in Danbury
Sold Aug 13, 2020
$335,500
$50,000 by The Marblehead Bank
Mortgage Due Aug 15, 2050
506 Wesleyan Drive in Lakeside Marblehead, OH was first built in 1978 and is 46 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 506 Wesleyan Drive has 2,714 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 basement is 338 sqft and has been categorized as a building with no basement. The linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 10,001 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 338 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing electric heaters and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Aug 13, 2020 for $335,500. That's $123.62 per sqft. 506 Wesleyan Drive was last assessed in 2022. The total value of the property was assessed at $115,903. Specifically, the land the property is located on was valued at $43,092. While improvements on the property were assessed at a total of $72,811. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,635. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Good
  • Building Quality: C+
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 338
  • Garage Type: Garage
  • Garage Square Area: 338
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,001
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,714
  • Gross Building Area: 2,714
  • Building Area: 2,714
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Electric
  • Heated Square Feet: 2,714
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ISLAND VIEW SUBDIVISION
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: BLK G LOT 2 ISLAND VIEW

Ownership

  • Current Owner : LOLLYGAG COTTAGE LLC
  • Previous Owner : HESLET ARTHUR L
  • Previous Owner 2: HESLET JOAN E
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Danbury Local School District
  • School Tax School District: DANBURY LSD
  • Census Tract: 050302

Geography

  • Assessors Map Reference: MAP 1025-01
  • Account Number: 027689-0
  • District: 015
  • Parcel: 015-17866-31171-000
  • Block: G
  • Lot: 2
  • Municipality: MARBLEHEAD CORP
  • Latitude: 41.5427
  • Longitude: -82.7396

    Address

  • Full Address: 506 Wesleyan Dr
  • Address - House Number: 506
  • Address - Street Name: Wesleyan
  • Address - Suffix Type: Dr
  • State: OH
  • City Name: Lakeside Marblehead
  • Carrier Code: C002
  • 4-Digit Zip Code: 2052
  • Zip Code: 43440

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,635

    Appraisal Valuation

  • Standard Deviation: 0.2254
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 525,826
  • High Value: 644,380
  • Low Value: 407,272

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $238,000
  • First Open Lien Mortgage Lender: THE MARBLEHEAD BANK
  • First Open Lien Mortgage Recording Date: Aug 13, 2020
  • First Open Lien Mortgage Loan Amount: $50,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Closed-end Mortgage
  • First Open Lien Mortgage Loan Due Date: Aug 15, 2050
  • Second Open Lien Mortgage Lender: MARBLEHEAD BANK
  • Second Open Lien Mortgage Recording Date: Oct 12, 2022
  • Second Open Lien Mortgage Loan Amount: $138,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Oct 15, 2052
  • Third Open Lien Mortgage Lender: MARBLEHEAD BANK
  • Third Open Lien Mortgage Recording Date: Oct 12, 2022
  • Third Open Lien Mortgage Loan Amount: $50,000
  • Third Open Lien Mortgage Term: 180
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Third Open Lien Mortgage Loan Due Date: Oct 20, 2037

    Market Valuation

  • Market Total Value: $331,150
  • Market Land Value: $123,120
  • Market Improvement Value: $208,030

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $115,903
  • Assessed Land Value: $43,092
  • Assessed Improvements Value: $72,811

    Sales

  • Current Sale Contract Date: Aug 13, 2020
  • Current Sale Recording Date: Aug 13, 2020
  • Current Sale Transaction ID: 11810903233
  • Current Sale Price: $335,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202000297527

    Last Sale Mortgage

  • First Mortgage Lender: THE MARBLEHEAD BANK
  • First Mortgage Transaction Date: Aug 13, 2020
  • First Mortgage Loan Amount: $50,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Closed-end Mortgage
  • First Mortgage Loan Due Date: Aug 15, 2050

About Marblehead



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Frequently Asked Questions

What neighborhood is 506 Wesleyan Drive located in?
The 506 Wesleyan Drive is a other located in the neighborhood of Danbury in Marblehead, Lakeside Marblehead.
What is the average sales price for listings in 506 Wesleyan Drive?
The average sales price for units in 506 Wesleyan Drive is $0 currently.

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