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554 Grace Street

554 Grace Street, Hubbard, OH 44425
Property in Hubbard
Sold May 29, 2013
$81,900
$83,660 by Residential Finance Corp
Mortgage Due Jun 01, 2043
Sold Jun 03, 2011
$29,900
$23,920 by The Huntington National Bank
Mortgage Due Jun 01, 2026
Local assessors in Hubbard, OH have categorized 554 Grace Street as a residential type of property. The home was built in 1956 and is 68 years old. The property's lot size has been calculated to be 8,276 square feet. The linear feet between the front and back of the lot was measured at 1,300 ft and the front of the lot was measured at 620 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. 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 is one full bathroom. There is also a partial bathroom. 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 554 Grace Street has a total of 1,104 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 partial basement that is 960 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 water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. 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 576 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a porch so you'll have a great option in the front of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 frame 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 wood 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 baseboard heaters is the primary heating source and it is being fueled with gas. 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, 554 Grace Street was last sold in May 28, 2013 for $81,900. According to our calculations, that's $74.18 per sqft. Prior to that sales transaction, the property was sold for $29,900 in May 26, 2011. Current property owners are expected to pay $1,147 in taxes per year. The property on 554 Grace Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $24,220. To break that down further, the land itself was valued at $3,850. While improvements to the property were assessed at a total of $20,370. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1956
  • Effective Year Built: 1956
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 960
  • Garage Type: Garage
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Porch Type: Porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,104
  • Building Area: 1,104
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 1,104
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CATALINE ACRES PLAT #1
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: 1890 61.5F GRACE AVE HUBBARD CITY

Ownership

  • Current Owner : REESE HARRY R
  • Current Owner 2: REESE LINDA S
  • Previous Owner : ROSE DONNA R
  • Owner Before Previous Owner: FANNIE MAE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hubbard Exempted Village School District
  • School Tax School District: HUBBARD EVSD
  • Census Tract: 931601

Geography

  • Assessors Map Reference: 007 01400
  • Parcel: 02-298500
  • Lot: 1890
  • Municipality: HUBBARD CITY EVSD
  • Latitude: 41.1628
  • Longitude: -80.5774

    Address

  • Full Address: 554 Grace St
  • Address - House Number: 554
  • Address - Street Name: Grace
  • Address - Suffix Type: St
  • State: OH
  • City Name: Hubbard
  • Carrier Code: C003
  • 4-Digit Zip Code: 1558
  • Zip Code: 44425

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,147
  • Tax Rate Code Area: 02

    Appraisal Valuation

  • Standard Deviation: 0.1343
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 110,467
  • High Value: 125,311
  • Low Value: 95,622

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $83,660
  • First Open Lien Mortgage Lender: RESIDENTIAL FINANCE CORP
  • First Open Lien Mortgage Recording Date: May 29, 2013
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $83,660
  • 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: Jun 01, 2043

    Market Valuation

  • Market Total Value: $69,200
  • Market Land Value: $11,000
  • Market Improvement Value: $58,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $24,220
  • Assessed Land Value: $3,850
  • Assessed Improvements Value: $20,370

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 28, 2013
  • Current Sale Recording Date: May 29, 2013
  • Current Sale Transaction ID: 1105042614
  • Current Sale Price: $81,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201305290012606
  • Previous Sale Recording Date: Jun 03, 2011
  • Previous Sale Contract Date: May 26, 2011
  • Previous Sale Amount: $29,900
  • Previous Sale Document Type: Limited Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RESIDENTIAL FINANCE CORP
  • First Mortgage Transaction Date: May 29, 2013
  • First Mortgage Loan Amount: $83,660
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jun 01, 2043

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • Previous Mortgage Transaction Date: Jun 03, 2011
  • Previous Mortgage Loan Amount: $23,920
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2026

About Hubbard



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Frequently Asked Questions

What neighborhood is 554 Grace Street located in?
The 554 Grace Street is a located in the neighborhood of Hubbard in Hubbard, Hubbard.
What is the average sales price for listings in 554 Grace Street?
The average sales price for units in 554 Grace Street is $0 currently.

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