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5125 Highland Lakes Avenue

5125 Highland Lakes Avenue, Westerville, OH 43082
Property in Genoa
Sold Jul 07, 2020
$745,000
$510,350 by The Equitable Mortgage Corp
Mortgage Due Jul 01, 2050
Sold Mar 13, 2020
$510,000
5125 Highland Lakes Avenue has been categorized by the local assessors in Westerville, OH as a residential type of property. The building on the property was first built in 1990 and is 34 years old. However, we must point out that the home was most recently renovated and altered in 2020. The home has a total of 11 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5125 Highland Lakes Avenue has 4,704 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 2,100 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 59,713 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

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 attached garage for those who require parking. The garage measured 576 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing baseboard heaters and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Jun 29, 2020 for $745,000. That's $100.95 per sqft. Prior to that sales transaction, the property was also sold in Mar 3, 2020 for $510,000. 5125 Highland Lakes Avenue was last assessed in 2023. The total value of the property was assessed at $259,990. Specifically, the land the property is located on was valued at $55,690. While improvements on the property were assessed at a total of $204,300. 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 $13,187. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1990
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Building Quality: B
  • Building Style: Conventional
  • Exterior Walls Type: Masonry
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 2,100
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 59,713
  • Total Building Area: 7,380
  • Gross Building Area: 7,380
  • Building Area: 4,704
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 4,704
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HIGHLAND LAKES
  • Land Acres: 1.371
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: LOT 1452 HIGHLAND LAKES SEC 1

Ownership

  • Current Owner : SPRECHER CHAD O
  • Current Owner 2: SPRECHER MARLA
  • Previous Owner : GERHART ALEX
  • Previous Owner 2: WILLARD ZACHARY
  • Owner Before Previous Owner: WOLINETZ BARRY H
  • Owner Before Previous Owner 2: THE ESTATE OF MAUREEN E STUBBS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Westerville City School District
  • School Tax School District: 17
  • Census Tract: 011762

Geography

  • Assessors Map Reference: 17041
  • District: 17
  • Parcel: 317-322-03-011-000
  • Lot: 1452
  • Municipality: GENOA TWP WESTERVILLE
  • Latitude: 40.1653
  • Longitude: -82.9385

    Address

  • Full Address: 5125 Highland Lakes Ave
  • Address - House Number: 5125
  • Address - Street Name: Highland Lakes
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Westerville
  • Carrier Code: R017
  • 4-Digit Zip Code: 8702
  • Zip Code: 43082

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,187
  • Tax Rate Code Area: 17 2514

    Appraisal Valuation

  • Standard Deviation: 0.1647
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 935,703
  • High Value: 1,089,827
  • Low Value: 781,580

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $635,350
  • First Open Lien Mortgage Lender: THE EQUITABLE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jul 07, 2020
  • First Open Lien Mortgage Loan Amount: $510,350
  • 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: Jul 01, 2050
  • Second Open Lien Mortgage Lender: CF BANK
  • Second Open Lien Mortgage Recording Date: Sep 14, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $125,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $742,800
  • Market Land Value: $159,100
  • Market Improvement Value: $583,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $259,990
  • Assessed Land Value: $55,690
  • Assessed Improvements Value: $204,300

    Sales

  • Current Sale Contract Date: Jun 29, 2020
  • Current Sale Recording Date: Jul 07, 2020
  • Current Sale Transaction ID: 11771730462
  • Current Sale Price: $745,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202000023890
  • Previous Sale Recording Date: Mar 13, 2020
  • Previous Sale Contract Date: Mar 03, 2020
  • Previous Sale Amount: $510,000
  • Previous Sale Document Type: Executor's Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE EQUITABLE MORTGAGE CORP
  • First Mortgage Transaction Date: Jul 07, 2020
  • First Mortgage Loan Amount: $510,350
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

About Delaware



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Frequently Asked Questions

What neighborhood is 5125 Highland Lakes Avenue located in?
The 5125 Highland Lakes Avenue is a located in the neighborhood of Genoa in Delaware, Westerville.
What is the average sales price for listings in 5125 Highland Lakes Avenue?
The average sales price for units in 5125 Highland Lakes Avenue is $0 currently.

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