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5098 Demorest Drive

5098 Demorest Drive, Grove City, OH 43123
House in Holton Run
Sold Jun 16, 2021
$392,500
Sold Dec 28, 2018
$274,900
$269,920 by Evolve Bank & Trust
Mortgage Due Jan 01, 2049
5098 Demorest Drive in Grove City, OH was first built in 2008 and is 16 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5098 Demorest Drive has 2,491 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 504 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 800 ft and the linear feet between the front and back of the lot is 1,650. In total, the area measurement of the land is 13,199 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 attached garage. There are a total of 2 available parking spaces. 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 average. 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 central air conditioning. 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, 5098 Demorest Drive was last sold in May 24, 2021 for $392,500. According to our calculations, that's $157.57 per sqft. Prior to that sales transaction, the property was sold for $274,900 in Dec 27, 2018. Current property owners are expected to pay $6,401 in taxes per year. The property on 5098 Demorest Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $113,720. To break that down further, the land itself was valued at $21,250. While improvements to the property were assessed at a total of $92,470. 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. 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.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.

Building Features

Exterior

Vinyl Siding

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 504
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 13,199
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,491
  • Gross Building Area: 2,491
  • Building Area: 2,491
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,491
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HOLTON RUN SEC 2
  • Land Acres: 0.303
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: 5098 DEMOREST DRIVE HOLTON RUN SECTION 2 LOT 30

Ownership

  • Current Owner : THOMPSON WILLIAM E
  • Current Owner 2: THOMPSON KAY S
  • Previous Owner : LOCKRIDGE DAVID ALAN
  • Owner Before Previous Owner: DOWNING JONATHAN T
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: South-Western City School District
  • School Tax School District: SOUTH WESTERN C
  • Census Tract: 009751

Geography

  • Assessors Map Reference: 040M086DC 03200
  • Section: 2
  • Parcel: 040-013587
  • Lot: 30
  • Municipality: JACKSON TWP GROVE CITY
  • Latitude: 39.8675
  • Longitude: -83.099

    Address

  • Full Address: 5098 Demorest Dr
  • Address - House Number: 5098
  • Address - Street Name: Demorest
  • Address - Suffix Type: Dr
  • State: OH
  • City Name: Grove City
  • Carrier Code: R009
  • 4-Digit Zip Code: 8279
  • Zip Code: 43123

Valuation

    Tax

  • Total Area: 268
  • Tax Year: 2022
  • Tax Amount: $6,401
  • Tax Rate Code Area: 40

    Appraisal Valuation

  • Standard Deviation: 0.1901
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 471,334
  • High Value: 560,980
  • Low Value: 381,689

    Market Valuation

  • Market Total Value: $324,900
  • Market Land Value: $60,700
  • Market Improvement Value: $264,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $113,720
  • Assessed Land Value: $21,250
  • Assessed Improvements Value: $92,470

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 24, 2021
  • Current Sale Recording Date: Jun 16, 2021
  • Current Sale Transaction ID: 11839887989
  • Current Sale Price: $392,500
  • Current Sale Document Type: Survivorship Deed
  • Current Sale Input Document Number: 202106160105087
  • Previous Sale Recording Date: Dec 28, 2018
  • Previous Sale Contract Date: Dec 27, 2018
  • Previous Sale Amount: $274,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNION SAVINGS BANK
  • First Mortgage Transaction Date: Jun 16, 2021
  • First Mortgage Loan Amount: $425,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: EVOLVE BANK & TRUST
  • Previous Mortgage Transaction Date: Dec 28, 2018
  • Previous Mortgage Loan Amount: $269,920
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2049

About Holton Run



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Frequently Asked Questions

What neighborhood is 5098 Demorest Drive located in?
The 5098 Demorest Drive is a house located in the neighborhood of Holton Run in Holton Run, Grove City.
What is the average sales price for listings in 5098 Demorest Drive?
The average sales price for units in 5098 Demorest Drive is $0 currently.

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