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59 Electric Avenue

59 Electric Avenue, Westerville, OH 43081
Property in Ingleside Place
Sold Jul 17, 2012
$96,000
$83,689 by First Federal S & L Associatio
Mortgage Due Aug 01, 2042
Sold Aug 03, 2006
$135,000
$27,000 by Countrywide Bank Na
Mortgage
59 Electric Avenue has been categorized by the local assessors in Westerville, OH as a residential type of property. The building on the property was first built in 1958 and is 66 years old. However, we must point out that the home was most recently renovated and altered in 2009. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 59 Electric Avenue has 1,066 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,220 ft and across the front of the lot is 640 ft. The area measurement of the land has been determined as 7,806 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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. Moving on to the building itself. The condition of the building has been evaluated as average. 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 masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. 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. The property was last sold in Jul 11, 2012 for $96,000. That's $90.06 per sqft. Prior to that sales transaction, the property was also sold in Jul 25, 2006 for $135,000. 59 Electric Avenue was last assessed in 2022. The total value of the property was assessed at $55,380. Specifically, the land the property is located on was valued at $18,100. While improvements on the property were assessed at a total of $37,280. 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 $4,035. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1958
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Masonry
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,806
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 640
  • Total Building Area: 1,066
  • Gross Building Area: 1,066
  • Building Area: 1,066
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,066
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RESUB PT INGLESIDE PLACE ADD
  • Land Acres: 0.179
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: ELECTRIC AVE RESUB OF PART OF H H BUCKS INGLESIDE PLC 5

Ownership

  • Current Owner : BROOKS MARC
  • Previous Owner : LAWRENCE NATHANIEL
  • Owner Before Previous Owner: RHEINFRANK JEFFREY
  • Owner Before Previous Owner 2: RHEINFRANK STEPHANIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Westerville City School District
  • School Tax School District: WESTERVILLE CSD
  • Census Tract: 007020

Geography

  • Assessors Map Reference: 080M011 04900
  • Parcel: 080-002445
  • Lot: 5
  • Municipality: WESTERVILLE CITY
  • Latitude: 40.1151
  • Longitude: -82.9254

    Address

  • Full Address: 59 Electric Ave
  • Address - House Number: 59
  • Address - Street Name: Electric
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Westerville
  • Carrier Code: C026
  • 4-Digit Zip Code: 2612
  • Zip Code: 43081

Valuation

    Tax

  • Total Area: 1,066
  • Tax Year: 2022
  • Tax Amount: $4,035
  • Tax Rate Code Area: 80

    Appraisal Valuation

  • Standard Deviation: 0.2215
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 69
  • Final Value: 284,826
  • High Value: 347,920
  • Low Value: 221,731

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $92,351
  • First Open Lien Mortgage Lender: FIRST FEDERAL S & L ASSOCIATIO
  • First Open Lien Mortgage Recording Date: Jul 17, 2012
  • First Open Lien Mortgage Loan Amount: $83,689
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2042
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Jan 26, 2023
  • Second Open Lien Mortgage Loan Amount: $8,662
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2042

    Market Valuation

  • Market Total Value: $158,200
  • Market Land Value: $51,700
  • Market Improvement Value: $106,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $55,380
  • Assessed Land Value: $18,100
  • Assessed Improvements Value: $37,280

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 11, 2012
  • Current Sale Recording Date: Jul 17, 2012
  • Current Sale Transaction ID: 1130045899
  • Current Sale Price: $96,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201207170102095
  • Previous Sale Recording Date: Aug 03, 2006
  • Previous Sale Contract Date: Jul 25, 2006
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Survivorship Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FEDERAL S & L ASSOCIATIO
  • First Mortgage Transaction Date: Jul 17, 2012
  • First Mortgage Loan Amount: $83,689
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE BANK NA
  • Previous Mortgage Transaction Date: Aug 03, 2006
  • Previous Mortgage Loan Amount: $27,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Credit Line (Revolving)

About Ingleside Place



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Frequently Asked Questions

What neighborhood is 59 Electric Avenue located in?
The 59 Electric Avenue is a located in the neighborhood of Ingleside Place in Ingleside Place, Westerville.
What is the average sales price for listings in 59 Electric Avenue?
The average sales price for units in 59 Electric Avenue is $0 currently.

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