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8027 Oak Tree Drive North

8027 Oak Tree Drive North, Lorain, OH 44053
Property in Lorain
Sold Aug 31, 2021
$228,000
$223,870 by Lendus Llc
Mortgage Due Sep 01, 2051
Sold Feb 15, 2012
$126,400
$122,462 by Firstmerit Mortgage Corp
Mortgage Due Mar 01, 2042
8027 Oak Tree Drive North in Lorain, OH was first built in 2001 and is 23 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 traditional style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 8027 Oak Tree Drive North has 1,550 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 linear feet across the front of the lot is 750 ft and the linear feet between the front and back of the lot is 1,440. In total, the area measurement of the land is 10,454 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 water system. For those who need parking, there is a attached garage. The garage is 484 sqft. There are a total of 2 available parking spaces. 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 C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood siding. 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. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 8027 Oak Tree Drive North was last sold in Aug 17, 2021 for $228,000. According to our calculations, that's $112.09 per sqft. Prior to that sales transaction, the property was sold for $126,400 in Feb 10, 2012. Current property owners are expected to pay $3,064 in taxes per year. The property on 8027 Oak Tree Drive North was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $62,188. To break that down further, the land itself was valued at $13,115. While improvements to the property were assessed at a total of $49,074. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Wood siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Depth Feet: 1,440
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,034
  • Gross Building Area: 2,034
  • Building Area: 1,550
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,550
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: OAKS SUB 6
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: OAKS SUB #6 75 X 144.09

Ownership

  • Current Owner : HOLT MARILYN
  • Previous Owner : MIHALIC DOUGLAS M
  • Owner Before Previous Owner: THOMAS BROSKY DANELLE L

Neighborhood

  • School District Name: Amherst Exempted Village School District
  • Census Tract: 097201

Geography

  • Subdivision Tract Number: 03
  • Parcel: 02-03-007-000-216
  • Lot: 150
  • Municipality: LORAIN CITY/AMHERST EVSD
  • Latitude: 41.4234
  • Longitude: -82.2506

    Address

  • Full Address: 8027 Oak Tree Dr N
  • Address - House Number: 8027
  • Street Segment Direction: N
  • Address - Street Name: Oak Tree
  • Address - Suffix Type: Dr
  • State: OH
  • City Name: Lorain
  • Carrier Code: C017
  • 4-Digit Zip Code: 4343
  • Zip Code: 44053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,064
  • Tax Rate Code Area: 43

    Appraisal Valuation

  • Standard Deviation: 0.2454
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 65
  • Final Value: 260,107
  • High Value: 323,960
  • Low Value: 196,254

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $223,870
  • First Open Lien Mortgage Lender: LENDUS LLC
  • First Open Lien Mortgage Recording Date: Aug 31, 2021
  • First Open Lien Mortgage Loan Amount: $223,870
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $177,680
  • Market Land Value: $37,470
  • Market Improvement Value: $140,210

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $62,188
  • Assessed Land Value: $13,115
  • Assessed Improvements Value: $49,074

    Sales

  • Current Sale Contract Date: Aug 17, 2021
  • Current Sale Recording Date: Aug 31, 2021
  • Current Sale Transaction ID: 11853719162
  • Current Sale Price: $228,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-0836934
  • Previous Sale Recording Date: Feb 15, 2012
  • Previous Sale Contract Date: Feb 10, 2012
  • Previous Sale Amount: $126,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LENDUS LLC
  • First Mortgage Transaction Date: Aug 31, 2021
  • First Mortgage Loan Amount: $223,870
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRSTMERIT MORTGAGE CORP
  • Previous Mortgage Transaction Date: Feb 15, 2012
  • Previous Mortgage Loan Amount: $122,462
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2042

About Lorain



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Frequently Asked Questions

What neighborhood is 8027 Oak Tree Drive North located in?
The 8027 Oak Tree Drive North is a located in the neighborhood of Lorain in Lorain, Lorain.
What is the average sales price for listings in 8027 Oak Tree Drive North?
The average sales price for units in 8027 Oak Tree Drive North is $0 currently.

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