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8161 South State Route 503

8161 South State Route 503, Camden, OH 45311
Property in Gratis
Sold Nov 17, 2021
$165,000
$156,750 by Caliber Home Loans Inc
Mortgage Due Dec 01, 2051
8161 South State Route 503 has been categorized by the local assessors in Camden, OH as a residential type of property. The building on the property was first built in 1840 and is 184 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 is one partial bathroom in the home. The building has a total of 2 stories. In addition, 8161 South State Route 503 has 1,944 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 57,891 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. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 672 sqft. According to our sources, there are a total of 2 available parking spaces. 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 fair. 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 D+ by the local assessor. The building has a gable style roof made of wood shake/ shingles. The exterior walls of the building are made of wood. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. In terms of heating, it is utilizing no heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer 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. According to our sources, 8161 South State Route 503 sold most recently in Nov 8, 2021 for a total of $165,000. If you work out the math, that's approximately a cost of $84.88 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,836 in taxes each year. The initial year of tax delinquency occurred in 2019. 8161 South State Route 503 was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $26,010. If we break it down further, the land itself was valued at $7,350. Improvements to the property, however, were assessed at a total of $18,660. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1840
  • Effective Year Built: 1840
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Building Quality: D+
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 486
  • Garage Type: Detached
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 57,891
  • Total Building Area: 1,944
  • Building Area: 1,944
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: None
  • Heated Square Feet: 1,944
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 1.329
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MID PT NE

Ownership

  • Current Owner : COLVIN DEIDRE D
  • Current Owner 2: COLVIN JARED L
  • Previous Owner : BOWERS JUSTIN D
  • Previous Owner 2: BOWERS MORGAN B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Preble Shawnee Local School District
  • School Tax School District: PREBLE SHAWNEE
  • Census Tract: 480100

Geography

  • Assessors Map Reference: C42-09-200
  • District: C42
  • Parcel: C42-4309-200-00-004-003
  • Meridian: SEC 09 TWN 4N RNG 3E
  • Municipality: GRATIS TOWNSHIP
  • Latitude: 39.6378
  • Longitude: -84.5395

    Address

  • Full Address: 8161 State Route 503 S
  • Address - House Number: 8161
  • Street Segment Direction: S
  • Address - Street Name: State Route 503
  • State: OH
  • City Name: Camden
  • Carrier Code: R091
  • 4-Digit Zip Code: 8996
  • Zip Code: 45311

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,836
  • Intital Tax Deliquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.2591
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 195,041
  • High Value: 245,588
  • Low Value: 144,494

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $156,750
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Nov 17, 2021
  • First Open Lien Mortgage Loan Amount: $156,750
  • 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: $74,300
  • Market Land Value: $21,000
  • Market Improvement Value: $53,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $26,010
  • Assessed Land Value: $7,350
  • Assessed Improvements Value: $18,660

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 08, 2021
  • Current Sale Recording Date: Nov 17, 2021
  • Current Sale Transaction ID: 11872422820
  • Current Sale Price: $165,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202100006590

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Nov 17, 2021
  • First Mortgage Loan Amount: $156,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

About Preble



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Frequently Asked Questions

What neighborhood is 8161 South State Route 503 located in?
The 8161 South State Route 503 is a located in the neighborhood of Gratis in Preble, Camden.
What is the average sales price for listings in 8161 South State Route 503?
The average sales price for units in 8161 South State Route 503 is $0 currently.

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