511 Abbe Road

511 Abbe Road has been categorized by the local assessors in Elyria, OH as a office type of property. The building on the property was first built in 1976 and is 48 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 511 Abbe Road has 5,000 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,240 ft and across the front of the lot is 1,750 ft. The area measurement of the land has been determined as 21,780 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. Moving on to the building itself. The condition of the building has been evaluated as average. In terms of heating, the home is utilizing gas. Finally, the property is currently sourcing its water from a water system. The property was last sold in Jun 1, 1995 for $265,000. That's $53.00 per sqft. 511 Abbe Road was last assessed in 2023. The total value of the property was assessed at $110,355. Specifically, the land the property is located on was valued at $38,115. While improvements on the property were assessed at a total of $72,240. 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 $8,348. The initial tax year of delinquency was in 2008. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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.