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5480 Erhart Road

5480 Erhart Road, Medina, OH 44256
Property in Chatham
Refi Apr 19, 2023
Transfer
$53,457 by Mortgage Research Center, Llc
Mortgage Due Mar 01, 2053
Local assessors in Medina, OH have categorized 5480 Erhart Road as a residential type of property. The home was built in 1958 and is 66 years old. The property's lot size has been calculated to be 220,414 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5480 Erhart Road has a total of 1,436 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,436 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 560 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of unknown were used in the construction of the exterior walls of the home. Residents rely on no air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $2,122 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 5480 Erhart Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $65,980. To break that down further, the land itself was valued at $28,680. While improvements to the property were assessed at a total of $37,300. 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. 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. 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: 1958
  • Effective Year Built: 1958
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 1,436
  • Garage Type: Garage
  • Garage Square Area: 560
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 220,414
  • Total Building Area: 1,436
  • Building Area: 1,436
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,436
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 5.06
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: TR 21 LOT 5 N E COR 5.056A

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cloverleaf Local School District
  • School Tax School District: 5204
  • Census Tract: 409001

Geography

  • Subdivision Tract Number: 21
  • Parcel: 004-09B-15-002
  • Lot: 5
  • Municipality: CHATHAM CLSD
  • Latitude: 41.1241
  • Longitude: -81.9783

    Address

  • Full Address: 5480 Erhart Rd
  • Address - House Number: 5480
  • Address - Street Name: Erhart
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: Medina
  • Carrier Code: R014
  • 4-Digit Zip Code: 7508
  • Zip Code: 44256

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,122
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 004

    Appraisal Valuation

  • Standard Deviation: 0.1176
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 87
  • Final Value: 268,310
  • High Value: 299,863
  • Low Value: 236,756

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $53,457
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER, LLC
  • First Open Lien Mortgage Recording Date: Apr 19, 2023
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $53,457
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2053

    Market Valuation

  • Market Total Value: $188,520
  • Market Land Value: $81,940
  • Market Improvement Value: $106,580

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $65,980
  • Assessed Land Value: $28,680
  • Assessed Improvements Value: $37,300

    Exemptions

  • Homeowner Exemption: Yes

About Medina



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Frequently Asked Questions

What neighborhood is 5480 Erhart Road located in?
The 5480 Erhart Road is a located in the neighborhood of Chatham in Medina, Medina.
What is the average sales price for listings in 5480 Erhart Road?
The average sales price for units in 5480 Erhart Road is $0 currently.

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