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5289 Liberty Avenue

5289 Liberty Avenue, Vermilion, OH 44089
Property in Vermilion
5289 Liberty Avenue in Vermilion, OH was first built in 1935 and is 89 years old. Although, the building on the property was most recently renovated and altered in 2004. This has been categorized as a commercial property type. It is a single story home. In total, the area measurement of the land is 11,064 square feet.

Learn more about the property and building on this page. The building type has been coded as 3. The code stands for buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame. Water for the property is sourced from a water system. The property is connected to a sewer system. 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 wood control joints. The condition of the building has been evaluated as poor. The exterior walls of the home are made of metal. Walk into the home itself and you'll find that it is currently being cooled with 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, 5289 Liberty Avenue was last sold in Feb 23, 2023 for $337,500. According to our calculations, that's $44.76 per sqft. Prior to that sales transaction, the property was sold for $333,500 in Jan 18, 2019. Current property owners are expected to pay $6,489 in taxes per year. The property on 5289 Liberty Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $86,908. To break that down further, the land itself was valued at $17,759. While improvements to the property were assessed at a total of $69,149. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 2004
  • Bedroom Count: 0
  • Building Condition: Poor
  • Construction Type: Wood
  • Exterior Walls Type: Metal
  • Floor Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,064
  • Total Building Area: 7,540
  • Gross Building Area: 7,540
  • Building Area: 7,540
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Land Acres: 0.254
  • Standard Land Use Code: Retail stores (personal services, photography, travel)
  • Legal Description 1: 353 WEST RIVER RD 35 354 355 SANDUSKY ST BLK 35

Ownership

  • Current Owner : SHIVASHAKTI 7 LLC
  • Previous Owner : LIBERTY AVENUE PROPERTY 1 LLC
  • Owner Before Previous Owner: SCHULTZ PHILIP W
  • Owner Before Previous Owner 2: SCHULTZ KAREN L
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Vermilion Local School District
  • School Tax School District: VERMILION SD
  • Census Tract: 040100

Geography

  • Assessors Map Reference: 18285116001
  • Account Number: 004429-1
  • District: 18
  • Parcel: 18-01377-000
  • Block: 35
  • Lot: 354&355
  • Municipality: VERMILION CITY
  • Latitude: 41.4218
  • Longitude: -82.36

    Address

  • Full Address: 5289 Liberty Ave
  • Address - House Number: 5289
  • Address - Street Name: Liberty
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Vermilion
  • Carrier Code: C008
  • 4-Digit Zip Code: 1366
  • Zip Code: 44089

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,489

    Market Valuation

  • Market Total Value: $248,310
  • Market Land Value: $50,740
  • Market Improvement Value: $197,570

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $86,908
  • Assessed Land Value: $17,759
  • Assessed Improvements Value: $69,149

    Sales

  • Current Sale Contract Date: Feb 23, 2023
  • Current Sale Recording Date: Feb 24, 2023
  • Current Sale Transaction ID: 11902483470
  • Current Sale Price: $337,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1250
  • Previous Sale Recording Date: Jan 23, 2019
  • Previous Sale Contract Date: Jan 18, 2019
  • Previous Sale Amount: $333,500
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: VACATIONLAND FCU
  • Previous Mortgage Transaction Date: Jan 23, 2019
  • Previous Mortgage Loan Amount: $266,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Vermilion



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Frequently Asked Questions

What neighborhood is 5289 Liberty Avenue located in?
The 5289 Liberty Avenue is a located in the neighborhood of Vermilion in Vermilion, Vermilion.
What is the average sales price for listings in 5289 Liberty Avenue?
The average sales price for units in 5289 Liberty Avenue is $0 currently.

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