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7055 McGuire Road

7055 McGuire Road, London, OH 43140
Property in Fairfield
7055 McGuire Road has been categorized by the local assessors in London, OH as a agricultural type of property. The building on the property was first built in 1930 and is 94 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7055 McGuire Road has 2,676 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 finished improved basement that is 366 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 area measurement of the land has been determined as 5,591,318 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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 building has a gable or hip style roof made of shingle (not wood). While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a gas heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. 7055 McGuire Road was last assessed in 2022. The total value of the property was assessed at $518,210. Specifically, the land the property is located on was valued at $390,440. While improvements on the property were assessed at a total of $127,770. 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 $8,554. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 366
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,591,318
  • Total Building Area: 2,676
  • Building Area: 2,676
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Gas
  • Heated Square Feet: 2,676
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Agricultural
  • Subdivision: FAIRFIELD
  • Land Acres: 128.359
  • Standard Land Use Code: Agricultural/rural
  • Legal Description 1: 128.359A 9717 6286

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison-Plains Local School District
  • School Tax School District: MADISON PLAINS
  • Census Tract: 041100

Geography

  • Assessors Map Reference: 007
  • Parcel: 07-00383.000
  • Municipality: FAIRFIELD TWP
  • Latitude: 39.8666
  • Longitude: -83.3164

    Address

  • Full Address: 7055 Mcguire Rd
  • Address - House Number: 7055
  • Address - Street Name: Mcguire
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: London
  • Carrier Code: R004
  • 4-Digit Zip Code: 9449
  • Zip Code: 43140

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,554
  • Tax Rate Code Area: 07

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $850,000
  • First Open Lien Mortgage Lender: MERCHANTS NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Apr 07, 2023
  • First Open Lien Mortgage Loan Amount: $850,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2038

    Market Valuation

  • Market Total Value: $1,480,620
  • Market Land Value: $1,115,550
  • Market Improvement Value: $365,070

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $518,210
  • Assessed Land Value: $390,440
  • Assessed Improvements Value: $127,770

    Exemptions

  • Homeowner Exemption: Yes

About Madison



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Frequently Asked Questions

What neighborhood is 7055 McGuire Road located in?
The 7055 McGuire Road is a located in the neighborhood of Fairfield in Madison, London.
What is the average sales price for listings in 7055 McGuire Road?
The average sales price for units in 7055 McGuire Road is $0 currently.

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