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5531 Latrobe Street

5531 Latrobe Street, Westerville, OH 43081
Property in Preston Commons
Sold Mar 04, 2013
$210,000
$204,500 by State Bank And Trust Company
Mortgage Due Mar 01, 2037
Sold Oct 29, 2009
$204,000
$200,305 by Priority Mortgage Corp
Mortgage Due Nov 01, 2039
Local assessors in Westerville, OH have categorized 5531 Latrobe Street as a residential type of property. The home was built in 1996 and is 28 years old. The property's lot size has been calculated to be 12,301 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 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 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5531 Latrobe Street has a total of 1,748 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. 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. 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 - B. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 5531 Latrobe Street sold most recently in Feb 22, 2013 for a total of $210,000. If you work out the math, that's approximately a cost of $120.14 per sqft. Before that, the property was also sold for $204,000 in Oct 21, 2009. 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 $7,246 in taxes each year. 5531 Latrobe Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $100,030. If we break it down further, the land itself was valued at $23,100. Improvements to the property, however, were assessed at a total of $76,930. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 15
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Colonial
  • Exterior Walls Type: Masonry
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,301
  • Total Building Area: 1,748
  • Gross Building Area: 1,748
  • Building Area: 1,748
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,748
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PRESTON COMMONS SEC 1
  • Land Acres: 0.282
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: LATROBE STREET PRESTON COMMONS SEC1 LOT 15

Ownership

  • Current Owner : KORFF MICHAEL
  • Current Owner 2: KORFF TANJA
  • Previous Owner : KERNS WEISER ZACHERY K
  • Previous Owner 2: KERNS WEISER ZACHERY
  • Owner Before Previous Owner: MEYER DEAN J
  • Owner Before Previous Owner 2: MEYER JANICE M
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: New Albany-Plain Local School District
  • School Tax School District: NEW ALBANY
  • Census Tract: 007214

Geography

  • Assessors Map Reference: 545M194JJ 01600
  • Parcel: 545-231685
  • Lot: 15
  • Municipality: COLUMBUS CITY
  • Latitude: 40.0849
  • Longitude: -82.8647

    Address

  • Full Address: 5531 Latrobe St
  • Address - House Number: 5531
  • Address - Street Name: Latrobe
  • Address - Suffix Type: St
  • State: OH
  • City Name: Westerville
  • Carrier Code: R015
  • 4-Digit Zip Code: 8625
  • Zip Code: 43081

Valuation

    Tax

  • Total Area: 728
  • Tax Year: 2022
  • Tax Amount: $7,246
  • Tax Rate Code Area: 545

    Appraisal Valuation

  • Standard Deviation: 0.1906
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 423,427
  • High Value: 504,154
  • Low Value: 342,701

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $204,500
  • First Open Lien Mortgage Lender: STATE BANK AND TRUST COMPANY
  • First Open Lien Mortgage Recording Date: Feb 14, 2022
  • First Open Lien Mortgage Loan Amount: $204,500
  • 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: Mar 01, 2037

    Market Valuation

  • Market Total Value: $285,800
  • Market Land Value: $66,000
  • Market Improvement Value: $219,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $100,030
  • Assessed Land Value: $23,100
  • Assessed Improvements Value: $76,930

    Sales

  • Current Sale Contract Date: Feb 22, 2013
  • Current Sale Recording Date: Mar 04, 2013
  • Current Sale Transaction ID: 1130772012
  • Current Sale Price: $210,000
  • Current Sale Document Type: Survivorship Deed
  • Current Sale Input Document Number: 201303040035723
  • Previous Sale Recording Date: Oct 29, 2009
  • Previous Sale Contract Date: Oct 21, 2009
  • Previous Sale Amount: $204,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Mar 04, 2013
  • First Mortgage Loan Amount: $110,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2028

    Previous Mortgages

  • Previous Mortgage Lender: PRIORITY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Oct 29, 2009
  • Previous Mortgage Loan Amount: $200,305
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2039

About Preston Commons



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Frequently Asked Questions

What neighborhood is 5531 Latrobe Street located in?
The 5531 Latrobe Street is a located in the neighborhood of Preston Commons in Preston Commons, Westerville.
What is the average sales price for listings in 5531 Latrobe Street?
The average sales price for units in 5531 Latrobe Street is $0 currently.

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