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520 Mills Avenue

520 Mills Avenue, Lynchburg, OH 45142
Property in Dodson
Sold May 06, 2020
$92,000
$87,400 by Das Acquisition
Mortgage Due May 01, 2050
Sold Jan 01, 1990
Transfer
520 Mills Avenue has been categorized by the local assessors in Lynchburg, OH as a residential type of property. The building on the property was first built in 1960 and is 64 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. 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, 520 Mills Avenue has 1,536 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 1,620 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 16,161 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 garage for those who require parking. The garage measured 576 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. 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 brick control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C- by the local assessor. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. 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, 520 Mills Avenue was last sold in Apr 24, 2020 for $92,000. According to our calculations, that's $59.90 per sqft. Current property owners are expected to pay $1,597 in taxes per year. The property on 520 Mills Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $30,800. To break that down further, the land itself was valued at $5,390. While improvements to the property were assessed at a total of $25,410. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 16,161
  • Lot Size Depth Feet: 1,620
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,536
  • Building Area: 1,536
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,536
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CLINTON HEIGHTS SUBDIVISION
  • Land Acres: 0.371
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: CLINTON HGT I/L 83 & 84

Ownership

  • Current Owner : LEWIS DONALD ALLEN
  • Current Owner 2: LEWIS MARIAN RUTH
  • Previous Owner : GLENN ANN ELAINE
  • Previous Owner 2: ESTATE OF C TED ROUSH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Lynchburg-Clay Local School District
  • Census Tract: 954700

Geography

  • Parcel: 11-08-403-050.00
  • Lot: 83
  • Municipality: LYNCHBURG VILLAGE
  • Latitude: 39.2472
  • Longitude: -83.7858

    Address

  • Full Address: 520 Mills Ave
  • Address - House Number: 520
  • Address - Street Name: Mills
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Lynchburg
  • Zip Code: 45142

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,597
  • Tax Rate Code Area: 11

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $103,400
  • First Open Lien Mortgage Lender: DAS ACQUISITION
  • First Open Lien Mortgage Recording Date: May 06, 2020
  • First Open Lien Mortgage Loan Amount: $87,400
  • 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: May 01, 2050
  • Second Open Lien Mortgage Lender: MERCHANTS NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: Jul 13, 2023
  • Second Open Lien Mortgage Loan Amount: $16,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2033

    Market Valuation

  • Market Total Value: $88,000
  • Market Land Value: $15,400
  • Market Improvement Value: $72,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,800
  • Assessed Land Value: $5,390
  • Assessed Improvements Value: $25,410

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 24, 2020
  • Current Sale Recording Date: May 06, 2020
  • Current Sale Transaction ID: 11760787257
  • Current Sale Price: $92,000
  • Current Sale Document Type: Executor's Deed
  • Current Sale Input Document Number: 202000001911
  • Previous Sale Recording Date: Jan 01, 1990
  • Previous Sale Contract Date: Jan 01, 1990
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: DAS ACQUISITION
  • First Mortgage Transaction Date: May 06, 2020
  • First Mortgage Loan Amount: $87,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 520 Mills Avenue located in?
The 520 Mills Avenue is a located in the neighborhood of Dodson in Lynchburg, Lynchburg.
What is the average sales price for listings in 520 Mills Avenue?
The average sales price for units in 520 Mills Avenue is $0 currently.

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