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5124 Merlot Drive

5124 Merlot Drive, Oregon, OH 43616
Property in Oregon
Sold Jan 14, 2020
$29,000
$19,120 by First Federal Bank Of The Midw
Mortgage Due Sep 01, 2050
Sold Oct 30, 2015
$604,713
5124 Merlot Drive in Oregon, OH was first built in 2020 and is 4 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 duplex style. It is a single story home. There are a total of 5 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. 5124 Merlot Drive has 1,659 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 linear feet across the front of the lot is 750 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 10,125 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. The garage is 440 sqft. 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 brick. 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 forced air unit. 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, 5124 Merlot Drive was last sold in Jan 8, 2020 for $29,000. According to our calculations, that's $13.82 per sqft. Prior to that sales transaction, the property was sold for $604,713 in Oct 12, 2015. Current property owners are expected to pay $4,413 in taxes per year. The property on 5124 Merlot Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $78,260. To break that down further, the land itself was valued at $12,110. While improvements to the property were assessed at a total of $66,150. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Duplex
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,125
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,099
  • Gross Building Area: 2,099
  • Building Area: 1,659
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,659
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: THE VINEYARD PLAT TWO
  • Land Acres: 0.232
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Vehicles general
  • Legal Description 1: THE VINEYARD PLAT TWO LOT 34

Ownership

  • Current Owner : GALLAHER LESLIE D
  • Previous Owner : DLR ACQUISTIONS LLC
  • Owner Before Previous Owner: OREGON HOMES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Oregon City School District
  • Census Tract: 009800

Zoning

  • Zoning: NotZoned

Geography

  • Assessors Map Reference: 24389035
  • Parcel: 44-93349
  • Lot: 34
  • Municipality: OREGON CITY
  • Latitude: 41.6544
  • Longitude: -83.4257

    Address

  • Full Address: 5124 Merlot Dr
  • Address - House Number: 5124
  • Address - Street Name: Merlot
  • Address - Suffix Type: Dr
  • State: OH
  • City Name: Oregon
  • Carrier Code: C012
  • 4-Digit Zip Code: 2549
  • Zip Code: 43616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,413
  • Tax Rate Code Area: 44

    Appraisal Valuation

  • Standard Deviation: 0.2207
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 69
  • Final Value: 308,234
  • High Value: 376,269
  • Low Value: 240,200

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $19,120
  • First Open Lien Mortgage Lender: FIRST FEDERAL BANK OF THE MIDW
  • First Open Lien Mortgage Recording Date: Jan 14, 2020
  • First Open Lien Mortgage Loan Amount: $19,120
  • First Open Lien Mortgage Term: 367
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $223,600
  • Market Land Value: $34,600
  • Market Improvement Value: $189,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $78,260
  • Assessed Land Value: $12,110
  • Assessed Improvements Value: $66,150

    Sales

  • Current Sale Contract Date: Jan 08, 2020
  • Current Sale Recording Date: Jan 14, 2020
  • Current Sale Transaction ID: 11716717989
  • Current Sale Price: $29,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202001140002051
  • Previous Sale Recording Date: Oct 30, 2015
  • Previous Sale Contract Date: Oct 12, 2015
  • Previous Sale Amount: $604,713
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FEDERAL BANK OF THE MIDW
  • First Mortgage Transaction Date: Jan 14, 2020
  • First Mortgage Loan Amount: $19,120
  • First Mortgage Terms: 367
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Sep 01, 2050

About Oregon



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Frequently Asked Questions

What neighborhood is 5124 Merlot Drive located in?
The 5124 Merlot Drive is a located in the neighborhood of Oregon in Oregon, Oregon.
What is the average sales price for listings in 5124 Merlot Drive?
The average sales price for units in 5124 Merlot Drive is $0 currently.

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