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507 West Broadway Street

507 West Broadway Street, Tipp City, OH 45371
Property in Monroe
Sold Sep 01, 2021
$325,000
$260,000 by Primelending
Mortgage Due Sep 01, 2051
Sold May 25, 1999
$220,000
$176,000 by Monroe Fsl
Mortgage
Local assessors in Tipp City, OH have categorized 507 West Broadway Street as a residential type of property. The home was built in 1919 and is 105 years old. The property's lot size has been calculated to be 11,021 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 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 are 2 full bathrooms. 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 507 West Broadway Street has a total of 2,080 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 950 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 572 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. 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 - B+. 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 heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Aug 25, 2021 for $325,000. That's $156.25 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $220,000. 507 West Broadway Street was last assessed in 2022. The total value of the property was assessed at $103,430. Specifically, the land the property is located on was valued at $11,060. While improvements on the property were assessed at a total of $92,370. 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 $4,488. The initial tax year of delinquency was in 2020. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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

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

Building Info

Overview

    General

  • Year Built: 1919
  • Effective Year Built: 1919
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Excellent
  • Building Quality: B+
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 950
  • Garage Type: Mixed use
  • Garage Square Area: 572
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 11,021
  • Total Building Area: 2,080
  • Building Area: 2,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,080
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GRANDVIEW ADDITION
  • Land Acres: 0.253
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: IN LOT 991 89 & IN LOT 990 25 E PT

Ownership

  • Current Owner : HAUSLER THOM A
  • Current Owner 2: BARRY SARA M
  • Previous Owner : SCHOBER GLENN R
  • Previous Owner 2: SCHOBER GLORIA J
  • Owner Before Previous Owner: WILEY SUSAN A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Tipp City Exempted Village School District
  • School Tax School District: TIPP CITY EVSD
  • Census Tract: 355001

Geography

  • Parcel: G15-012590
  • Lot: 991
  • Municipality: MONROE TWP
  • Latitude: 39.9595
  • Longitude: -84.1783

    Address

  • Full Address: 507 W Broadway St
  • Address - House Number: 507
  • Street Direction: W
  • Address - Street Name: Broadway
  • Address - Suffix Type: St
  • State: OH
  • City Name: Tipp City
  • Carrier Code: C003
  • 4-Digit Zip Code: 1203
  • Zip Code: 45371

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,488
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: G15

    Appraisal Valuation

  • Standard Deviation: 0.1803
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 76
  • Final Value: 381,485
  • High Value: 450,293
  • Low Value: 312,678

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $260,000
  • First Open Lien Mortgage Lender: PRIMELENDING
  • First Open Lien Mortgage Recording Date: Sep 01, 2021
  • First Open Lien Mortgage Loan Amount: $260,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $295,500
  • Market Land Value: $31,600
  • Market Improvement Value: $263,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $103,430
  • Assessed Land Value: $11,060
  • Assessed Improvements Value: $92,370

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 25, 2021
  • Current Sale Recording Date: Sep 01, 2021
  • Current Sale Transaction ID: 11854198824
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021OR-15303
  • Previous Sale Recording Date: May 25, 1999
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMELENDING
  • First Mortgage Transaction Date: Sep 01, 2021
  • First Mortgage Loan Amount: $260,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MONROE FSL
  • Previous Mortgage Transaction Date: May 25, 1999
  • Previous Mortgage Loan Amount: $176,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Tipp City



Similar Buildings

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Nearby Rentals

Unit for rent at 1498 W Main Street, Tipp City, OH, 45371

$6,000 /mo

  • Studio
  • 2,464 ft²
1498 W Main Street, Tipp City, OH, 45371 Listing by Dana Ward

Frequently Asked Questions

What neighborhood is 507 West Broadway Street located in?
The 507 West Broadway Street is a located in the neighborhood of Monroe in Tipp City, Tipp City.
What is the average sales price for listings in 507 West Broadway Street?
The average sales price for units in 507 West Broadway Street is $0 currently.

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