See Home Value
Marion 43302
557 Summit Street
$157,000 - $191,000
House - Off Market

557 Summit Street

Marion, OH 43302
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1913 Sqft
Sold Jun 11, 2018
$77,000
$243,375 by The Fahey Banking Co
Mortgage Due Jul 22, 2030
Sold Jul 06, 2001
$85,000

About This Property

The manager has listed the unit size as 1913 square feet.
Unit Size
1,913Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$91
Property Type
House
Property Taxes
$146
HOA Dues
-
Year Built
1910

Price History

Date / Event Date Event Price
Apr 24, 2024 No longer available -
No longer available
Oct 1, 2023 Listed $174,888
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Duplex
  • Interior Walls Type: Plaster
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 140
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,060
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,913
  • Building Area: 1,913
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,913
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.208
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: OL 580 MAP 5 PG 32 240 32.00 19.00

Ownership

  • Current Owner : BDC INVESTMENTS LLC
  • Previous Owner : LEMLEY LOIS M
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Marion City School District
  • School Tax School District: MARION TWP
  • School Tax District Code 2: MARION-MARION
  • Census Tract: 000600

Geography

  • District: 12
  • Parcel: 12-432000.1900
  • Municipality: MARION TWP
  • Latitude: 40.5798
  • Longitude: -83.1152

    Address

  • Full Address: 557 Summit St
  • Address - House Number: 557
  • Address - Street Name: Summit
  • Address - Suffix Type: St
  • State: OH
  • City Name: Marion
  • Carrier Code: C028
  • 4-Digit Zip Code: 5231
  • Zip Code: 43302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,624
  • Tax Rate Code Area: 12

    Appraisal Valuation

  • Standard Deviation: 0.1332
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 84
  • Final Value: 168,310
  • High Value: 190,881
  • Low Value: 145,738

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $243,375
  • First Open Lien Mortgage Lender: THE FAHEY BANKING CO
  • First Open Lien Mortgage Recording Date: Jul 24, 2020
  • First Open Lien Mortgage Loan Amount: $243,375
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Jul 22, 2030

    Market Valuation

  • Market Total Value: $124,480
  • Market Land Value: $23,740
  • Market Improvement Value: $100,740

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $43,570
  • Assessed Land Value: $8,310
  • Assessed Improvements Value: $35,260

    Sales

  • Current Sale Contract Date: Jun 07, 2018
  • Current Sale Recording Date: Jun 11, 2018
  • Current Sale Transaction ID: 11475746437
  • Current Sale Price: $77,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018-04058
  • Previous Sale Recording Date: Jul 06, 2001
  • Previous Sale Contract Date: Jul 06, 2001
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LIBERTY NATIONAL BANK
  • First Mortgage Transaction Date: Jun 11, 2018
  • First Mortgage Loan Amount: $61,600
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jun 10, 2038

    Financing

  • First Mortgage Financing Type: Variable



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
1.5 Baths
1,536 ft²
$98/ft²
$149,900 Sep 1, 2023
-
$100/mo

About Marion


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Frequently Asked Questions

When was property at 557 Summit Street built and last sold?
The property at 557 Summit Street was built in 1910 and last sold on Jun 7, 2018 for $77,000.
How much is this home worth?
The estimated value of the home located at 557 Summit Street is $176,720.
What are some comparable homes to 557 Summit Street?
Homes that are comparable to 557 Summit Street include a house property at 223 East Washington Avenue, located in Marion, OH.

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