NOT LISTED FOR SALE

1381 Palmer Rd New London, OH 44851

Estimated Value: $167,000 - $283,000

3 Beds
2 Baths
1,532 Sq Ft
$154/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $280,000 $183 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $1,422/month

33 Days on Market

Highlights

  • River View
  • Thermal Pane Windows
  • Outdoor Storage
  • 2 Car Attached Garage
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of June 2022

Desirable Rural Split-Level home on Private Scenic 8.47 Acres. Majority of the land is woods with a branch of the Vermilion River running through the Northwest corner of the woods. Great for the hunter-trapper lover. 3 Bedrooms, 2 baths, and 2 Car attached garage. Living Room and Kitchen on main level. The Family Room, a Full Bath, and Laundry on the lower level with an exterior door that leads to the back yard. The 3 Bedrooms are on the second level with another Full Bath. There is a 16' x 10' three seasons room off the kitchen that could be heated to make year-round living space. Also, a 20' x 30' outbuilding. Furnace and Central Air replaced in 2019, new roof in 2013, and new windows in 2016. Property has rural water; they use the well on the property for watering the garden and washing cars. This is a great place to call home!

Last Agent to Sell the Property

Norma Schaechterle

Howard Hanna - Norwalk License #266805 Listed on: 05/27/2022

Co-Listed By

Default zSystem

zSystem Default

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,528

Year Built

  • Built in 1992

Lot Details

  • 8.47

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Split Level Home
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,532 Sq Ft Home
  • Ceiling Fan
  • Thermal Pane Windows
  • Family Room Downstairs
  • Living Room
  • River Views
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Vented Exhaust Fan
  • Rural Water
  • Well
  • Septic Tank
  • Leach Field
  • Satellite Dish

Additional Features

  • Outdoor Storage
  • 8.47 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 120010020470100

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,528

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • PropertySubType: Single Family Residence
  • PropertyType: Residential
  • Lot Size Acres: 8.47
  • View Type:Pond View: River
  • NAV29_Unit_1_Appliances: Dryer, Vented Exhaust Fan, Range, Refrigerator, Washer
  • MLS Status: Sold
  • Directions: 250 to 162, turn left onto Palmer, house will be on the left.
  • ResoBuildingAreaSource: Appraiser
  • Carport Y N: No
  • Interior Features: Ceiling Fan(s)
  • Unit Levels: Multi/Split
  • Living Area: 1532
  • Property Attached Yn: No
  • Roof: Asphalt
  • Window Features: Thermo Pane
  • Year Built: 1992
  • Tax Year: 2021
  • ResoBuildingAreaSource: Appraiser
  • Kitchen Level: Main
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Other Equipment: Satellite Dish
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Appraiser
  • Dining Room Features: Combo
  • Living Room Living Room Level: Main
  • Room Bedroom3 Area: 90
  • Master Bedroom Master Bedroom Level: Second
  • Room Bedroom2 Area: 109.25
  • Room Bedroom3 Level: Second
  • Master Bedroom Master Bedroom Width: 10.5
  • Room Family Room Area: 204
  • Room Bedroom2 Level: Second
  • Room Family Room Level: Lower Levels
  • Room Living Room Area: 204
  • Room Kitchen Area: 221
  • Room Master Bedroom Area: 136.5

Exterior Features

  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Other Structures: Storage
  • Patio And Porch Features: 14 X 8 Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Attached Garage: Yes
  • Parking Features: Attached, Garage Door Opener, Off Street
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Propane, Forced Air
  • HeatingYN: Yes
  • Electricity On Property: Yes
  • Sewer: Leach, Septic Tank
  • Utilities: Electricity Connected
  • Water Source: Rural, Well

Schools

  • Junior High Dist: New London

Lot Info

  • Lot Size Sq Ft: 368953.2
  • ResoLotSizeUnits: Acres
  • Parcel Number: 120010020470100
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1528

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Jun 30, 2022
Sold by
Brummitt Margaret
Bought by
Banzet Kenneth B and Banzet Kimberly
Seller's Agent
Norma Schaechterle
Howard Hanna - Norwalk
List Price
$274,900
Sold Price
$280,000
Premium/Discount to List
$5,100
1.86%
Current Estimated Value
$236,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,633
Avg. Annual Appreciation
-4.96%
Original Mortgage
$290,080
Outstanding Balance
$275,978
Interest Rate
5.09%
Estimated Equity
-$39,611

Purchase Details

Closed on
Mar 31, 1986
Bought by
Brummitt Burnice and Brummitt Margaret
Source: Public Records

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Banzet Kenneth B $140,000 --
Banzet Kenneth B Banzet $280,000 --
Brummitt Burnice $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banzet Kenneth B $290,080
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2022 06/30/22 Sold $280,000 +1.9% $183 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $274,900 -- $179 / Sq Ft
Source: Firelands Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,182 $64,460 $17,690 $46,770
2023 $2,182 $52,590 $14,530 $38,060
2022 $1,527 $52,590 $14,530 $38,060
2021 $1,528 $52,590 $14,530 $38,060
2020 $1,300 $43,580 $11,880 $31,700
2019 $1,293 $43,580 $11,880 $31,700
2018 $1,263 $43,580 $11,880 $31,700
2017 $1,080 $40,020 $10,180 $29,840
2016 $1,062 $40,020 $10,180 $29,840
2015 $1,061 $40,030 $10,180 $29,850
2014 $1,082 $39,970 $10,150 $29,820
2013 $1,074 $39,970 $10,150 $29,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Firelands Association of REALTORS®

MLS Number: 20221848

APN: 12-0010-02-047-0100