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884 Richland Terrace

884 Richland Terrace, Marion, OH 43302
House in Marion
Sold Sep 25, 2017
$125,000
$100,000 by First Federal Bank Of The Midw
Mortgage Due Oct 01, 2037
Sold May 14, 2014
Transfer
Local assessors in Marion, OH have categorized 884 Richland Terrace as a residential type of property. The home was built in 1959 and is 65 years old. The property's lot size has been calculated to be 17,733 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 884 Richland Terrace has a total of 1,512 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a roof that is made of shingle (not wood). While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. The home's a central heating system is the primary heating source and it is being fueled with gas. 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, 884 Richland Terrace was last sold in Sep 22, 2017 for $125,000. According to our calculations, that's $82.67 per sqft. Current property owners are expected to pay $2,705 in taxes per year. The property on 884 Richland Terrace was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $58,210. To break that down further, the land itself was valued at $11,750. While improvements to the property were assessed at a total of $46,460. 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. 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. 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: 1959
  • Effective Year Built: 1959
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Interior Walls Type: Plaster
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 1,512
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,733
  • Lot Size Frontage Feet: 1,120
  • Total Building Area: 1,512
  • Building Area: 1,512
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,512
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.407
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: RICHLAND TERRACE LOT 10 PG 37 200 10.10 20.00

Ownership

  • Current Owner : WHITMER GREGG W
  • Previous Owner : MCAFEE CHRIS
  • Previous Owner 2: ESTATE OF GARY P MCAFEE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Pleasant Local School District
  • School Tax School District: MARION TWP
  • School Tax District Code 2: PLEASANT
  • Census Tract: 001000

Geography

  • District: 18
  • Section: 36
  • Parcel: 18-010100.2000
  • Lot: 10
  • Municipality: MARION TWP
  • Latitude: 40.5698
  • Longitude: -83.0858

    Address

  • Full Address: 884 Richland Ter
  • Address - House Number: 884
  • Address - Street Name: Richland
  • Address - Suffix Type: Ter
  • State: OH
  • City Name: Marion
  • Carrier Code: C033
  • 4-Digit Zip Code: 6742
  • Zip Code: 43302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,705
  • Tax Rate Code Area: 18

    Appraisal Valuation

  • Standard Deviation: 0.461
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 52
  • Final Value: 224,384
  • High Value: 297,486
  • Low Value: 151,282

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: FIRST FEDERAL BANK OF THE MIDW
  • First Open Lien Mortgage Recording Date: Sep 25, 2017
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2037

    Market Valuation

  • Market Total Value: $166,310
  • Market Land Value: $33,570
  • Market Improvement Value: $132,740

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $58,210
  • Assessed Land Value: $11,750
  • Assessed Improvements Value: $46,460

    Sales

  • Current Sale Contract Date: Sep 22, 2017
  • Current Sale Recording Date: Sep 25, 2017
  • Current Sale Transaction ID: 1736624321
  • Current Sale Price: $125,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017-06050
  • Previous Sale Recording Date: May 14, 2014
  • Previous Sale Contract Date: May 14, 2014
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FEDERAL BANK OF THE MIDW
  • First Mortgage Transaction Date: Sep 25, 2017
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2037

About Marion



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Frequently Asked Questions

What neighborhood is 884 Richland Terrace located in?
The 884 Richland Terrace is a house located in the neighborhood of Marion in Marion, Marion.
What is the average sales price for listings in 884 Richland Terrace?
The average sales price for units in 884 Richland Terrace is $0 currently.

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