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5508 Cedar Springs

5508 Cedar Springs, Columbus, OH 43228
Sold Dec 27, 2013
$49,000
$36,750 by Kemba Financial Credit Union I
Mortgage Due Jan 01, 2044
Sold Oct 15, 2007
$79,900
$79,900 by Fifth Third Mortgage Co
Mortgage Due Nov 01, 2037
5508 Cedar Springs has been categorized by the local assessors in Columbus, OH as a residential type of property. The building on the property was first built in 1999 and is 25 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. 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, 5508 Cedar Springs has 984 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 1,170 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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. Moving on to the building itself. The condition of the building has been evaluated as average. 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 wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Nov 6, 2013 for $49,000. That's $49.80 per sqft. Prior to that sales transaction, the property was also sold in Oct 3, 2007 for $79,900. 5508 Cedar Springs was last assessed in 2022. The total value of the property was assessed at $27,580. Specifically, the land the property is located on was valued at $4,900. While improvements on the property were assessed at a total of $22,680. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,466. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Condo
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,170
  • Total Building Area: 984
  • Gross Building Area: 984
  • Building Area: 984
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 984
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HAWTHORNE LAKES
  • Land Acres: 0.026
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: HAWTHORNE LAKES CONDOMINIUMS UNIT 5508A

Ownership

  • Current Owner : PHILLIPS MICHAEL S
  • Current Owner 2: CHEN JIN Z
  • Previous Owner : HASSAN FARDOSA
  • Owner Before Previous Owner: KDS ACQUISITIONS LLC
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: South-Western City School District
  • School Tax School District: COLUMBUS CSD
  • Census Tract: 030500

Geography

  • Assessors Map Reference: 010T008D 19200
  • Parcel: 010-250296
  • Municipality: COLUMBUS CITY
  • Latitude: 39.9668
  • Longitude: -83.1555

    Address

  • Full Address: 5508 Cedar Spring Rd
  • Address - House Number: 5508
  • Address - Street Name: Cedar Spring
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: Columbus Grove
  • Zip Code: 45830

Valuation

    Tax

  • Total Area: 984
  • Tax Year: 2022
  • Tax Amount: $1,466
  • Tax Rate Code Area: 10

    Appraisal Valuation

  • Standard Deviation: 0.2219
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 69
  • Final Value: 137,896
  • High Value: 168,508
  • Low Value: 107,284

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $36,750
  • First Open Lien Mortgage Lender: KEMBA FINANCIAL CREDIT UNION I
  • First Open Lien Mortgage Recording Date: Dec 27, 2013
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $36,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2044

    Market Valuation

  • Market Total Value: $78,800
  • Market Land Value: $14,000
  • Market Improvement Value: $64,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $27,580
  • Assessed Land Value: $4,900
  • Assessed Improvements Value: $22,680

    Sales

  • Current Sale Contract Date: Nov 06, 2013
  • Current Sale Recording Date: Dec 27, 2013
  • Current Sale Transaction ID: 1114415468
  • Current Sale Price: $49,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201312270211001
  • Previous Sale Recording Date: Oct 15, 2007
  • Previous Sale Contract Date: Oct 03, 2007
  • Previous Sale Amount: $79,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: KEMBA FINANCIAL CREDIT UNION I
  • First Mortgage Transaction Date: Dec 27, 2013
  • First Mortgage Loan Amount: $36,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jan 01, 2044

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • Previous Mortgage Transaction Date: Oct 15, 2007
  • Previous Mortgage Loan Amount: $79,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2037

About Wexford-Thornapple



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Frequently Asked Questions

What neighborhood is 5508 Cedar Springs located in?
The 5508 Cedar Springs is a located in the neighborhood of Wexford-Thornapple in Wexford-Thornapple, Columbus.
What is the average sales price for listings in 5508 Cedar Springs?
The average sales price for units in 5508 Cedar Springs is $0 currently.

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