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5787 Mt Vernon Drive

5787 Mt Vernon Drive, Milford, OH 45150
Property in Miami
Sold Mar 15, 2024
$344,500
$338,259 by Equity Prime Mortgage Llc
Mortgage Due Apr 01, 2054
Sold Jul 22, 2020
$285,000
$279,837 by Ruoff Mortgage Company Inc
Mortgage Due Aug 01, 2050
5787 Mt Vernon Drive has been categorized by the local assessors in Milford, OH as a residential type of property. The building on the property was first built in 1993 and is 31 years old. The home has a total of 8 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, 5787 Mt Vernon Drive has 2,358 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 20,473 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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 garage for those who require parking. The garage measured 168 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. 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 wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 5787 Mt Vernon Drive sold most recently in Mar 14, 2024 for a total of $344,500. If you work out the math, that's approximately a cost of $146.10 per sqft. Before that, the property was also sold for $285,000 in Jul 10, 2020. 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 $13,137 in taxes each year. 5787 Mt Vernon Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $75,110. If we break it down further, the land itself was valued at $14,000. Improvements to the property, however, were assessed at a total of $61,110. 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. 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.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: 1993
  • Effective Year Built: 1993
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 168
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 20,473
  • Total Building Area: 2,358
  • Building Area: 2,358
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,358
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SHENANDOAH TRACE SECT II
  • Land Acres: 0.47
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SHENANDOAH TRACE SECT II; BLK A LOT 74

Ownership

  • Current Owner : PHILLIPS ROBERT LEVI
  • Previous Owner : PLACE ALEXANDER
  • Owner Before Previous Owner: MAGAW JOHN S
  • Owner Before Previous Owner 2: MAGAW LINDA D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Milford Exempted Village School District
  • Census Tract: 040703

Geography

  • Parcel: 18-54-07A-074
  • Block: A
  • Lot: 74
  • Municipality: MIAMI TWP
  • Latitude: 39.1821
  • Longitude: -84.22

    Address

  • Full Address: 5787 Mount Vernon Dr
  • Address - House Number: 5787
  • Address - Street Name: Mount Vernon
  • Address - Suffix Type: Dr
  • State: OH
  • City Name: Milford
  • Carrier Code: C007
  • 4-Digit Zip Code: 2473
  • Zip Code: 45150

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,137
  • Tax Rate Code Area: 18

    Appraisal Valuation

  • Standard Deviation: 0.0915
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 92
  • Final Value: 347,555
  • High Value: 379,358
  • Low Value: 315,752

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $338,259
  • First Open Lien Mortgage Lender: EQUITY PRIME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 15, 2024
  • First Open Lien Mortgage Loan Amount: $338,259
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2054

    Market Valuation

  • Market Total Value: $214,600
  • Market Land Value: $40,000
  • Market Improvement Value: $174,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $75,110
  • Assessed Land Value: $14,000
  • Assessed Improvements Value: $61,110

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 14, 2024
  • Current Sale Recording Date: Mar 15, 2024
  • Current Sale Transaction ID: 11922675193
  • Current Sale Price: $344,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4489
  • Previous Sale Recording Date: Jul 22, 2020
  • Previous Sale Contract Date: Jul 10, 2020
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EQUITY PRIME MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 15, 2024
  • First Mortgage Loan Amount: $338,259
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Apr 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: RUOFF MORTGAGE COMPANY INC
  • Previous Mortgage Transaction Date: Jul 22, 2020
  • Previous Mortgage Loan Amount: $279,837
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2050

About Day Heights



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Frequently Asked Questions

What neighborhood is 5787 Mt Vernon Drive located in?
The 5787 Mt Vernon Drive is a located in the neighborhood of Miami in Day Heights, Milford.
What is the average sales price for listings in 5787 Mt Vernon Drive?
The average sales price for units in 5787 Mt Vernon Drive is $0 currently.

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