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5825 Spencer Terrace

5825 Spencer Terrace, Middletown, OH 45044
Property in Liberty
Sold Nov 24, 2021
$520,000
$493,500 by Better Mortgage Corporation
Mortgage Due Dec 01, 2051
Sold Jun 27, 2017
$491,743
Seller
5825 Spencer Terrace in Middletown, OH was first built in 2017 and is 7 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 5825 Spencer Terrace has 3,996 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 90 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 1,180 ft and the linear feet between the front and back of the lot is 2,210. In total, the area measurement of the land is 27,399 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 252 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as good. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Nov 16, 2021 for $520,000. That's $127.26 per sqft. Prior to that sales transaction, the property was also sold in Jun 23, 2017 for $491,743. 5825 Spencer Terrace was last assessed in 2023. The total value of the property was assessed at $213,190. Specifically, the land the property is located on was valued at $27,270. While improvements on the property were assessed at a total of $185,920. 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 $11,014. 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.

Building Features

Exterior

Vinyl Siding

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Good
  • Building Quality: B
  • Building Style: Colonial
  • Exterior Walls Type: Masonry
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 90
  • Garage Type: Garage
  • Garage Square Area: 252
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 27,399
  • Lot Size Depth Feet: 2,210
  • Lot Size Frontage Feet: 1,180
  • Total Building Area: 4,086
  • Gross Building Area: 4,086
  • Building Area: 3,996
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,996
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WINDSOR ESTATES
  • Land Acres: 0.629
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: 218 ENT WINDSOR ESTATES 5

Ownership

  • Current Owner : MICHEL JUSTIN CELESTRA
  • Current Owner 2: MICHEL CHRISTINE
  • Previous Owner : KEEGAN KEVIN M
  • Previous Owner 2: KEEGAN JENNIFER S
  • Owner Before Previous Owner: NVR INC
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Lakota Local School District
  • School Tax School District: LAKOTA LSD
  • Census Tract: 011135

Geography

  • Parcel: D2020-317-000-007
  • Municipality: LIBERTY TWP
  • Latitude: 39.4225
  • Longitude: -84.4223

    Address

  • Full Address: 5825 Spencer Ter
  • Address - House Number: 5825
  • Address - Street Name: Spencer
  • Address - Suffix Type: Ter
  • State: OH
  • City Name: Middletown
  • Carrier Code: R009
  • 4-Digit Zip Code: 3285
  • Zip Code: 45044

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,014
  • Tax Rate Code Area: D20

    Appraisal Valuation

  • Standard Deviation: 0.1937
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 74
  • Final Value: 538,804
  • High Value: 643,172
  • Low Value: 434,437

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $493,500
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Nov 24, 2021
  • First Open Lien Mortgage Loan Amount: $493,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $609,110
  • Market Land Value: $77,900
  • Market Improvement Value: $531,210

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $213,190
  • Assessed Land Value: $27,270
  • Assessed Improvements Value: $185,920

    Sales

  • Current Sale Contract Date: Nov 16, 2021
  • Current Sale Recording Date: Nov 24, 2021
  • Current Sale Transaction ID: 11875463960
  • Current Sale Price: $520,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-00067058
  • Previous Sale Recording Date: Jun 27, 2017
  • Previous Sale Contract Date: Jun 23, 2017
  • Previous Sale Amount: $491,743
  • Previous Sale Document Type: Limited Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Nov 24, 2021
  • First Mortgage Loan Amount: $493,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

About Butler



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Frequently Asked Questions

What neighborhood is 5825 Spencer Terrace located in?
The 5825 Spencer Terrace is a located in the neighborhood of Liberty in Butler, Middletown.
What is the average sales price for listings in 5825 Spencer Terrace?
The average sales price for units in 5825 Spencer Terrace is $0 currently.

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