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509 Park Avenue

509 Park Avenue, Prospect, OH 43342
Property in Prospect
Sold Aug 05, 2019
$120,000
$200,000 by Primary Residential Mortgage I
Mortgage Due Feb 01, 2052
509 Park Avenue has been categorized by the local assessors in Prospect, OH as a residential type of property. The building on the property was first built in 1925 and is 99 years old. The home has a total of 2 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 509 Park Avenue has 1,519 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,555 square feet.

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 detached garage for those who require parking. The garage measured 288 sqft. 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. The roof of the building is made of shingle (not wood). While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. The property was last sold in Aug 2, 2019 for $120,000. That's $79.00 per sqft. 509 Park Avenue was last assessed in 2022. The total value of the property was assessed at $39,270. Specifically, the land the property is located on was valued at $7,050. While improvements on the property were assessed at a total of $32,220. 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 $1,873. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Total Rooms: 2
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Average
  • Construction Type: Frame
  • Interior Walls Type: Plaster
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 1,189
  • Garage Type: Detached
  • Garage Square Area: 288
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,555
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,519
  • Building Area: 1,519
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 1,519
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: S H GAST S FIRST ADDITION
  • Land Acres: 0.173
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: S H GASTS 1ST LOT 451 PG 14 101 1.00 44.00

Ownership

  • Current Owner : CARR RYAN M
  • Previous Owner : DONNELL DEBRA K O
  • Previous Owner 2: DONNELL ROBERT D O
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Elgin Local School District
  • School Tax School District: PROSPECT TWP
  • School Tax District Code 2: PROSPECT-ELGIN
  • Census Tract: 010500

Geography

  • District: 27
  • Parcel: 27-001000.4400
  • Lot: 451
  • Municipality: PROSPECT TWP
  • Latitude: 40.4501
  • Longitude: -83.1833

    Address

  • Full Address: 509 Park Ave
  • Address - House Number: 509
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Prospect
  • Carrier Code: R081
  • 4-Digit Zip Code: 9713
  • Zip Code: 43342

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,873
  • Tax Rate Code Area: 27

    Appraisal Valuation

  • Standard Deviation: 0.1594
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 45
  • Final Value: 171,528
  • High Value: 234,836
  • Low Value: 108,220

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Open Lien Mortgage Recording Date: Jan 13, 2022
  • First Open Lien Mortgage Loan Amount: $200,000
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $112,200
  • Market Land Value: $20,140
  • Market Improvement Value: $92,060

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $39,270
  • Assessed Land Value: $7,050
  • Assessed Improvements Value: $32,220

    Sales

  • Current Sale Contract Date: Aug 02, 2019
  • Current Sale Recording Date: Aug 05, 2019
  • Current Sale Transaction ID: 11635431905
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-05050

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FEDERAL BANK OF THE MIDW
  • First Mortgage Transaction Date: Aug 05, 2019
  • First Mortgage Loan Amount: $121,212
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2049

About Prospect



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Frequently Asked Questions

What neighborhood is 509 Park Avenue located in?
The 509 Park Avenue is a located in the neighborhood of Prospect in Prospect, Prospect.
What is the average sales price for listings in 509 Park Avenue?
The average sales price for units in 509 Park Avenue is $0 currently.

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