Check Availability

551 South Vine Street

551 South Vine Street, Marion, OH 43302
Property in Marion
Sold Feb 20, 2024
$199,850
$159,900 by Wright-patt Credit Union, Inc.
Mortgage Due Mar 01, 2054
Sold Mar 25, 2021
$145,000
$116,000 by Union Home Mortgage Corp
Mortgage Due Apr 01, 2051
551 South Vine Street has been categorized by the local assessors in Marion, OH as a residential type of property. The building on the property was first built in 1920 and is 104 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 551 South Vine Street has 1,666 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 6,448 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 320 sqft. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The roof of the building is made of shingle (not wood). While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. 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. 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, 551 South Vine Street was last sold in Feb 16, 2024 for $199,850. According to our calculations, that's $119.96 per sqft. Prior to that sales transaction, the property was sold for $145,000 in Mar 24, 2021. Current property owners are expected to pay $1,478 in taxes per year. The property on 551 South Vine Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $37,980. To break that down further, the land itself was valued at $4,940. While improvements to the property were assessed at a total of $33,040. 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: 1920
  • Effective Year Built: 1920
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Interior Walls Type: Plaster
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 784
  • Garage Type: Detached
  • Garage Square Area: 320
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,448
  • Total Building Area: 1,666
  • Building Area: 1,666
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,666
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.148
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: BOWEN REAL ESTATE 1ST LOT 11426 PG 7 IRREG 240 7.00 55.00

Ownership

  • Current Owner : STANSBERY SHELLEY
  • Previous Owner : CARROLL JULIE M
  • Owner Before Previous Owner: CUMMINGS JACKIE KAY
  • Owner Before Previous Owner 2: CUMMINGS DAVE S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Marion City School District
  • School Tax School District: MARION TWP
  • School Tax District Code 2: MARION-MARION
  • Census Tract: 000502

Geography

  • District: 12
  • Parcel: 12-407000.5500
  • Lot: 11426
  • Municipality: MARION TWP
  • Latitude: 40.5795
  • Longitude: -83.1242

    Address

  • Full Address: 551 S Vine St
  • Address - House Number: 551
  • Street Direction: S
  • Address - Street Name: Vine
  • Address - Suffix Type: St
  • State: OH
  • City Name: Marion
  • Carrier Code: C022
  • 4-Digit Zip Code: 5138
  • Zip Code: 43302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,478
  • Tax Rate Code Area: 12

    Appraisal Valuation

  • Standard Deviation: 0.1594
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 84
  • Final Value: 199,217
  • High Value: 225,933
  • Low Value: 172,501

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $159,900
  • First Open Lien Mortgage Lender: WRIGHT-PATT CREDIT UNION, INC.
  • First Open Lien Mortgage Recording Date: Feb 20, 2024
  • First Open Lien Mortgage Loan Amount: $159,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2054

    Market Valuation

  • Market Total Value: $108,510
  • Market Land Value: $14,110
  • Market Improvement Value: $94,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $37,980
  • Assessed Land Value: $4,940
  • Assessed Improvements Value: $33,040

    Sales

  • Current Sale Contract Date: Feb 16, 2024
  • Current Sale Recording Date: Feb 20, 2024
  • Current Sale Transaction ID: 11921477494
  • Current Sale Price: $199,850
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 894
  • Previous Sale Recording Date: Mar 25, 2021
  • Previous Sale Contract Date: Mar 24, 2021
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WRIGHT-PATT CREDIT UNION, INC.
  • First Mortgage Transaction Date: Feb 20, 2024
  • First Mortgage Loan Amount: $159,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: UNION HOME MORTGAGE CORP
  • Previous Mortgage Transaction Date: Mar 25, 2021
  • Previous Mortgage Loan Amount: $116,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2051

About Marion



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 551 South Vine Street located in?
The 551 South Vine Street is a located in the neighborhood of Marion in Marion, Marion.
What is the average sales price for listings in 551 South Vine Street?
The average sales price for units in 551 South Vine Street is $0 currently.

Quantcast