NOT LISTED FOR SALE

198 Terra Ln Amherst, OH 44001

Estimated Value: $225,360 - $244,000

2 Beds
2 Baths
1,260 Sq Ft
$185/Sq Ft Est. Value

About This Home

This home is located at 198 Terra Ln, Amherst, OH 44001 and is currently estimated at $233,590, approximately $185 per square foot. 198 Terra Ln is a home located in Lorain County with nearby schools including Powers Elementary School, Walter G. Nord Middle School, and Amherst Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2020
Sold by
Merthe Philip F
Bought by
Merthe Richard S
Current Estimated Value
$233,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Outstanding Balance
$115,194
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$107,259

Purchase Details

Closed on
Jun 18, 2008
Sold by
Reber Phyllis
Bought by
Merthe Philip F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
List Price
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
Merthe Richard S $160,000 Chicago Title
Merthe Philip F $105,000 Real Living Title Agency Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merthe Richard S $128,000
Previous Owner Merthe Philip F $80,000
Source: Public Records

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 $2,750 $68,100 $13,164 $54,936
2023 $2,365 $49,354 $12,747 $36,607
2022 $2,267 $49,354 $12,747 $36,607
2021 $2,273 $49,354 $12,747 $36,607
2020 $1,645 $40,460 $10,450 $30,010
2019 $1,612 $40,460 $10,450 $30,010
2018 $1,613 $40,460 $10,450 $30,010
2017 $1,606 $38,250 $7,320 $30,930
2016 $1,619 $38,250 $7,320 $30,930
2015 $1,610 $38,250 $7,320 $30,930
2014 $1,675 $39,300 $7,520 $31,780
2013 $1,681 $39,300 $7,520 $31,780
Source: Public Records

Map

Ohio Lorain County Amherst 44001

198 Terra Ln, Amherst, OH

This home is located at 198 Terra Ln, Amherst, OH 44001 and is currently estimated at $233,590, approximately $185 per square foot. 198 Terra Ln is a home located in Lorain County with nearby schools including Powers Elementary School, Walter G. Nord Middle School, and Amherst Junior High School.

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