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7251 Lynchburg Road

7251 Lynchburg Road, Lynchburg, OH 45142
Property in Clark
Sold Aug 30, 2004
Transfer
$40,000 by Merchants National Bank
Mortgage
Sold Aug 30, 2004
$40,000
7251 Lynchburg Road in Lynchburg, OH was first built in 1900 and is 124 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 conventional style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 7251 Lynchburg Road has 1,392 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. In total, the area measurement of the land is 154,856 square feet.

Learn more about the property and building on this page. There is a open porch. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D+. The condition of the building has been evaluated as poor. The exterior walls of the home are made of wood. As for heating, the home is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $40,000 in Aug 30, 2004. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,733 in taxes each year. The initial year of tax delinquency occurred in 2021. 7251 Lynchburg Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $50,590. If we break it down further, the land itself was valued at $13,510. Improvements to the property, however, were assessed at a total of $37,080. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1900
  • Effective Year Built: 1900
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Poor
  • Building Quality: D+
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 154,856
  • Total Building Area: 912
  • Building Area: 912
  • Building Area Measurement: Base Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,392
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 3.555
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: MS 4256

Ownership

  • Current Owner : GIBSON CHESTER
  • Previous Owner : WILSON DONALD SCOTT
  • Previous Owner 2: ESTATE OF DONALD EUGENE WILSON
  • Owner Before Previous Owner: WILSON DONALD EUGENE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lynchburg-Clay Local School District
  • School Tax School District: LYNCH.CLAY SD
  • Census Tract: 965000

Geography

  • Assessors Map Reference: MAP060-002496-2
  • District: 60
  • Parcel: 060-05-06-07-0000-00
  • Block: 163
  • Municipality: CLARK TWP
  • Latitude: 39.2509
  • Longitude: -83.7941

    Address

  • Full Address: 7251 Lynchburg Rd
  • Address - House Number: 7251
  • Address - Street Name: Lynchburg
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: Lynchburg
  • Carrier Code: R003
  • 4-Digit Zip Code: 9607
  • Zip Code: 45142

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,733
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 060

    Appraisal Valuation

  • Standard Deviation: 0.2146
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 232,316
  • High Value: 282,182
  • Low Value: 182,450

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $40,000
  • First Open Lien Mortgage Lender: MERCHANTS NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Aug 30, 2004
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $40,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $144,540
  • Market Land Value: $38,590
  • Market Improvement Value: $105,950

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $50,590
  • Assessed Land Value: $13,510
  • Assessed Improvements Value: $37,080

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 12, 2004
  • Current Sale Recording Date: Aug 30, 2004
  • Current Sale Transaction ID: 11463434990
  • Current Sale Document Type: Executor's Deed
  • Current Sale Input Document Number: 2004-00071240
  • Previous Sale Recording Date: Aug 30, 2004
  • Previous Sale Contract Date: Aug 30, 2004
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: Executor's Deed

    Last Sale Mortgage

  • First Mortgage Lender: MERCHANTS NATIONAL BANK
  • First Mortgage Transaction Date: Aug 30, 2004
  • First Mortgage Loan Amount: $40,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Clinton



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Frequently Asked Questions

What neighborhood is 7251 Lynchburg Road located in?
The 7251 Lynchburg Road is a located in the neighborhood of Clark in Clinton, Lynchburg.
What is the average sales price for listings in 7251 Lynchburg Road?
The average sales price for units in 7251 Lynchburg Road is $0 currently.

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