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5640 Bermuda Drive

5640 Bermuda Drive, Walbridge, OH 43465
Property in Lake
Sold Nov 13, 2023
$312,000
$312,000 by Rockway Mortgage Company Inc
Mortgage Due Dec 01, 2053
Sold Nov 20, 2018
$144,400
$148,085 by Loandepot.com Llc
Mortgage Due Dec 01, 2048
5640 Bermuda Drive has been categorized by the local assessors in Walbridge, OH as a residential type of property. The building on the property was first built in 2003 and is 21 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5640 Bermuda Drive has 2,048 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 1,024 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,450 ft and across the front of the lot is 900 ft. The area measurement of the land has been determined as 13,051 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 576 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. 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. 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 alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing baseboard heaters and being fueled with oil. The property was last sold in Nov 13, 2023 for $312,000. That's $85.53 per sqft. Prior to that sales transaction, the property was also sold in Nov 6, 2018 for $144,400. 5640 Bermuda Drive was last assessed in 2023. The total value of the property was assessed at $87,360. Specifically, the land the property is located on was valued at $10,920. While improvements on the property were assessed at a total of $76,440. 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 $4,332. 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: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 1,024
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 13,051
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 900
  • Total Building Area: 3,648
  • Gross Building Area: 3,648
  • Building Area: 2,048
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 2,048
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COUNTRY MEADOWS PLAT 3
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: COUNTRY MEADOWS PLAT 3 LOT 68

Ownership

  • Current Owner : TUTTLE BRENDAN
  • Previous Owner : MILLS CHRISTOPHER
  • Previous Owner 2: BUCHANAN SYDNEY
  • Owner Before Previous Owner: DEUTSCHE BANK NATIONAL TRUST CO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lake Local School District
  • School Tax School District: 8704
  • Census Tract: 020902

Geography

  • Assessors Map Reference: 712-1703
  • Parcel: H28-712-170302068000
  • Block: 2
  • Lot: 68
  • Meridian: SEC 17 TWN 7E RNG 12N
  • Municipality: LAKE TOWNSHIP
  • Latitude: 41.5598
  • Longitude: -83.505

    Address

  • Full Address: 5640 Bermuda Dr
  • Address - House Number: 5640
  • Address - Street Name: Bermuda
  • Address - Suffix Type: Dr
  • State: OH
  • City Name: Walbridge
  • Carrier Code: R001
  • 4-Digit Zip Code: 9440
  • Zip Code: 43465

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,332
  • Tax Rate Code Area: H28

    Appraisal Valuation

  • Standard Deviation: 0.0964
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 91
  • Final Value: 307,822
  • High Value: 337,512
  • Low Value: 278,132

    Open Liens

  • First Open Lien Mortgage Lender: ROCKWAY MORTGAGE COMPANY INC
  • First Open Lien Mortgage Recording Date: Nov 13, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $312,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2053

    Market Valuation

  • Market Total Value: $249,600
  • Market Land Value: $31,200
  • Market Improvement Value: $218,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $87,360
  • Assessed Land Value: $10,920
  • Assessed Improvements Value: $76,440

    Sales

  • Current Sale Contract Date: Nov 13, 2023
  • Current Sale Recording Date: Nov 13, 2023
  • Current Sale Transaction ID: 11916005527
  • Current Sale Price: $312,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11466
  • Previous Sale Recording Date: Nov 20, 2018
  • Previous Sale Contract Date: Nov 06, 2018
  • Previous Sale Amount: $144,400
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKWAY MORTGAGE COMPANY INC
  • First Mortgage Transaction Date: Nov 13, 2023
  • First Mortgage Loan Amount: $312,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Dec 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: LOANDEPOT.COM LLC
  • Previous Mortgage Transaction Date: Nov 20, 2018
  • Previous Mortgage Loan Amount: $148,085
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2048

About Wood



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Frequently Asked Questions

What neighborhood is 5640 Bermuda Drive located in?
The 5640 Bermuda Drive is a located in the neighborhood of Lake in Wood, Walbridge.
What is the average sales price for listings in 5640 Bermuda Drive?
The average sales price for units in 5640 Bermuda Drive is $0 currently.

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