Check Availability

525 Kelley Lane

525 Kelley Lane, Newark, OH 43055
Property in Suburban Meadows
Sold Jun 23, 2016
$120,000
$199,430 by Rocket Mortgage Llc
Mortgage Due Feb 01, 2052
Sold Mar 19, 2004
$141,900
$145,290 by Legend Mortgage Co Inc
Mortgage Due Apr 01, 2034
525 Kelley Lane in Newark, OH was first built in 1974 and is 50 years old. Although, the building on the property was most recently renovated and altered in 1976. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bi-level style. It is a single story home. There are a total of 7 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. 525 Kelley Lane has 2,248 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 1,144 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 1,100 ft and the linear feet between the front and back of the lot is 1,960. In total, the area measurement of the land is 21,344 square feet.

Learn more about the property and building on this page. There is a patio. For those who love swimming as a form of exercise, you'll be excited to find out that there is a above ground pool on the property. The roof of the home is made of asphalt. For those who need parking, there is a attached garage. The garage is 480 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 525 Kelley Lane was last sold in Jun 17, 2016 for $120,000. According to our calculations, that's $53.38 per sqft. Prior to that sales transaction, the property was sold for $141,900 in Mar 8, 2004. Current property owners are expected to pay $2,797 in taxes per year. The property on 525 Kelley Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $49,950. To break that down further, the land itself was valued at $10,610. While improvements to the property were assessed at a total of $39,340. 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: 1974
  • Effective Year Built: 1976
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,144
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: Patio
  • Pool Type: Above ground pool

    Dimensions

  • Lot Size Square Feet: 21,344
  • Lot Size Depth Feet: 1,960
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 2,248
  • Gross Building Area: 2,368
  • Building Area: 2,248
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,248
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTHEAST/HORNS HILL RD
  • Land Acres: 0.49
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 11 SUBURBAN MEADOWS ADD

Ownership

  • Current Owner : PRESTON CHRISTOPHER S
  • Current Owner 2: PRESTON AMY L
  • Previous Owner : STUFFLEBEAN WILLIAM E
  • Previous Owner 2: STUFFLEBEAN ROBIN G
  • Owner Before Previous Owner: SIESTA VENTURES LTD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Newark City School District
  • School Tax School District: NEWARK CSD
  • School Tax District Code 2: NEWARK
  • Census Tract: 754102

Geography

  • Parcel: 054-283716-00.000
  • Lot: 11
  • Municipality: NEWARK
  • Latitude: 40.1103
  • Longitude: -82.4091

    Address

  • Full Address: 525 Kelley Ln
  • Address - House Number: 525
  • Address - Street Name: Kelley
  • Address - Suffix Type: Ln
  • State: OH
  • City Name: Newark
  • Carrier Code: R012
  • 4-Digit Zip Code: 8605
  • Zip Code: 43055

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,797
  • Tax Rate Code Area: 054

    Appraisal Valuation

  • Standard Deviation: 0.2279
  • Valuation Date: May 10, 2023
  • Confidence Score: 68
  • Final Value: 275,184
  • High Value: 337,899
  • Low Value: 212,469

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $203,135
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 07, 2022
  • First Open Lien Mortgage Loan Amount: $199,430
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: May 11, 2023
  • Second Open Lien Mortgage Loan Amount: $3,705
  • Second Open Lien Mortgage Term: 344
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $142,700
  • Market Land Value: $30,300
  • Market Improvement Value: $112,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $49,950
  • Assessed Land Value: $10,610
  • Assessed Improvements Value: $39,340

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 17, 2016
  • Current Sale Recording Date: Jun 23, 2016
  • Current Sale Transaction ID: 1728095051
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201606230012879
  • Previous Sale Recording Date: Mar 19, 2004
  • Previous Sale Contract Date: Mar 08, 2004
  • Previous Sale Amount: $141,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOPEWELL FCU
  • First Mortgage Transaction Date: Jun 23, 2016
  • First Mortgage Loan Amount: $116,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Jul 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: LEGEND MORTGAGE CO INC
  • Previous Mortgage Transaction Date: Mar 19, 2004
  • Previous Mortgage Loan Amount: $145,290
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2034

About Suburban Meadows



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 725 Moull St, Newark, OH, 43055

$950 /mo

  • 1 Bed
  • 1 Bath
725 Moull St #725 a, Newark, OH, 43055 Listing by Manager

Frequently Asked Questions

What neighborhood is 525 Kelley Lane located in?
The 525 Kelley Lane is a located in the neighborhood of Suburban Meadows in Suburban Meadows, Newark.
What is the average sales price for listings in 525 Kelley Lane?
The average sales price for units in 525 Kelley Lane is $0 currently.

Quantcast