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988 Hayes Avenue

988 Hayes Avenue, Willoughby, OH 44094
Sold Nov 07, 2019
$68,000
$50,000 by The Huntington National Bank
Mortgage Due Dec 01, 2049
Sold Sep 01, 2017
$20,000
988 Hayes Avenue has been categorized by the local assessors in Willoughby, OH as a residential type of property. The building on the property was first built in 1941 and is 83 years old. However, we must point out that the home was most recently renovated and altered in 1980. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 988 Hayes Avenue has 668 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 840 ft and across the front of the lot is 720 ft. The area measurement of the land has been determined as 6,046 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as poor. 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 asphalt. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with electricity. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Nov 6, 2019 for $68,000. That's $101.80 per sqft. Prior to that sales transaction, the property was also sold in Aug 21, 2017 for $20,000. 988 Hayes Avenue was last assessed in 2023. The total value of the property was assessed at $20,820. Specifically, the land the property is located on was valued at $9,200. While improvements on the property were assessed at a total of $11,620. 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 $1,383. 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! 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.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Poor
  • Building Quality: D
  • Building Style: Bungalow
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,046
  • Lot Size Depth Feet: 840
  • Lot Size Frontage Feet: 720
  • Total Building Area: 668
  • Gross Building Area: 668
  • Building Area: 668
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 668
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WILLOBEE ON THE LAKE NO. 2
  • Land Acres: 0.139
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 2 & 3 DOUGLASS TRACT S/L A-34 & A-36

Ownership

  • Current Owner : GUBANC WENDY L
  • Previous Owner : BOSHER RICHARD F
  • Previous Owner 2: BOSHER FAYE M
  • Owner Before Previous Owner: SAYLOR CHARLES R
  • Owner Before Previous Owner 2: M & T BANK

Neighborhood

  • School District Name: Willoughby-Eastlake City School District
  • Census Tract: 201700

Zoning

  • Zoning: R-60

Geography

  • Assessors Map Reference: 027-056B-00
  • Subdivision Tract Number: S
  • Parcel: 27-B-056-B-00-072-0
  • Block: 4
  • Lot: 2,3
  • Municipality: WILLOUGHBY CITY
  • Latitude: 41.697
  • Longitude: -81.4006

    Address

  • Full Address: 988 Hayes Ave
  • Address - House Number: 988
  • Address - Street Name: Hayes
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Willoughby
  • Carrier Code: C006
  • 4-Digit Zip Code: 7132
  • Zip Code: 44094

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,383
  • Tax Rate Code Area: 27

    Appraisal Valuation

  • Standard Deviation: 0.2332
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 67
  • Final Value: 96,323
  • High Value: 118,788
  • Low Value: 73,859

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $50,000
  • First Open Lien Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Nov 07, 2019
  • First Open Lien Mortgage Loan Amount: $50,000
  • 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, 2049

    Market Valuation

  • Market Total Value: $59,470
  • Market Land Value: $26,280
  • Market Improvement Value: $33,190

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,820
  • Assessed Land Value: $9,200
  • Assessed Improvements Value: $11,620

    Sales

  • Current Sale Contract Date: Nov 06, 2019
  • Current Sale Recording Date: Nov 07, 2019
  • Current Sale Transaction ID: 11718352761
  • Current Sale Price: $68,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019R027484
  • Previous Sale Recording Date: Sep 01, 2017
  • Previous Sale Contract Date: Aug 21, 2017
  • Previous Sale Amount: $20,000
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • First Mortgage Transaction Date: Nov 07, 2019
  • First Mortgage Loan Amount: $50,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

About Willoughby



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Frequently Asked Questions

What neighborhood is 988 Hayes Avenue located in?
The 988 Hayes Avenue is a house located in the neighborhood of Willobee on The Lake in Willoughby, Willoughby.
What is the average sales price for listings in 988 Hayes Avenue?
The average sales price for units in 988 Hayes Avenue is $0 currently.

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