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531 Corbett Road

531 Corbett Road, Groveport, OH 43125
Property in Madison
Sold Mar 31, 2016
$83,900
$83,000 by Rocket Mortgage Llc
Mortgage Due Oct 01, 2036
Sold Jul 18, 1989
$55,500
531 Corbett Road in Groveport, OH was first built in 1914 and is 110 years old. Although, the building on the property was most recently renovated and altered in 1989. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 531 Corbett Road has 1,270 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 1,000 ft and the linear feet between the front and back of the lot is 2,400. In total, the area measurement of the land is 24,002 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 detached garage. The garage is 400 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. 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 and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 531 Corbett Road sold most recently in Mar 17, 2016 for a total of $83,900. If you work out the math, that's approximately a cost of $66.06 per sqft. Before that, the property was also sold for $55,500 in Jul 18, 1989. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,735 in taxes each year. 531 Corbett Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $45,540. If we break it down further, the land itself was valued at $13,090. Improvements to the property, however, were assessed at a total of $32,450. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 24,002
  • Lot Size Depth Feet: 2,400
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,270
  • Gross Building Area: 1,270
  • Building Area: 1,270
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,270
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PATRICK CORBETTS ADMINISTRATRIX ADDITION
  • Land Acres: 0.551
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: CORBETT RD R21 T11 S28 .585 ACRE

Ownership

  • Current Owner : KERNS RICHARD D
  • Previous Owner : FORD MICHAEL D
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Groveport Madison Local School District
  • School Tax School District: GROVEPORT
  • Census Tract: 009440

Geography

  • Assessors Map Reference: 180N002 00300
  • Parcel: 180-000481
  • Municipality: MADISON TWP
  • Latitude: 39.8571
  • Longitude: -82.8847

    Address

  • Full Address: 531 Corbett Rd
  • Address - House Number: 531
  • Address - Street Name: Corbett
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: Groveport
  • Carrier Code: R001
  • 4-Digit Zip Code: 9570
  • Zip Code: 43125

Valuation

    Tax

  • Total Area: 336
  • Tax Year: 2022
  • Tax Amount: $2,735
  • Tax Rate Code Area: 180

    Appraisal Valuation

  • Standard Deviation: 0.2259
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 68
  • Final Value: 237,662
  • High Value: 291,355
  • Low Value: 183,969

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $83,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 20, 2021
  • First Open Lien Mortgage Loan Amount: $83,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2036

    Market Valuation

  • Market Total Value: $130,100
  • Market Land Value: $37,400
  • Market Improvement Value: $92,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $45,540
  • Assessed Land Value: $13,090
  • Assessed Improvements Value: $32,450

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 17, 2016
  • Current Sale Recording Date: Mar 31, 2016
  • Current Sale Transaction ID: 1501484444
  • Current Sale Price: $83,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201603310038271
  • Previous Sale Recording Date: Jul 18, 1989
  • Previous Sale Contract Date: Jul 18, 1989
  • Previous Sale Amount: $55,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE AMERICAN EAGLE MORTGAGE CO
  • First Mortgage Transaction Date: Mar 31, 2016
  • First Mortgage Loan Amount: $82,379
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2046

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Frequently Asked Questions

What neighborhood is 531 Corbett Road located in?
The 531 Corbett Road is a located in the neighborhood of Madison in South Columbus, Groveport.
What is the average sales price for listings in 531 Corbett Road?
The average sales price for units in 531 Corbett Road is $0 currently.

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