491 Michael Ave Westerville, OH 43081
Estimated Value: $369,000 - $488,000
4
Beds
3
Baths
2,026
Sq Ft
$218/Sq Ft
Est. Value
About This Home
This home is located at 491 Michael Ave, Westerville, OH 43081 and is currently estimated at $440,775, approximately $217 per square foot. 491 Michael Ave is a home located in Franklin County with nearby schools including Robert Frost Elementary School, Heritage Middle School, and Westerville-North High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 8, 2005
Sold by
Ream Krista and Ream Krista K
Bought by
Ream Michael and Ream Michael A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$99,015
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$341,760
Purchase Details
Closed on
Oct 31, 2001
Sold by
The Mccorkle Investment Company
Bought by
Ream Michael A and Ream Krista K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,100
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 6, 2001
Sold by
Hickman Joseph B and Hickman Tuawana M
Bought by
The Mccorkle Investment Co
Purchase Details
Closed on
Aug 21, 2000
Sold by
Mccorkle Investment Co
Bought by
Hickman Joseph B and Hickman Tuawana M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,200
Interest Rate
8.15%
Purchase Details
Closed on
Sep 30, 1991
Bought by
Mccorkle Investment Co
Purchase Details
Closed on
Aug 28, 1989
Purchase Details
Closed on
Nov 1, 1984
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ream Michael | -- | Chicago Tit | |
| Ream Michael A | $159,900 | Chicago Title West | |
| The Mccorkle Investment Co | -- | -- | |
| Hickman Joseph B | $156,900 | Chicago Title West | |
| Mccorkle Investment Co | $110,000 | -- | |
| -- | $113,500 | -- | |
| -- | $83,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ream Michael | $175,000 | |
| Previous Owner | Ream Michael A | $155,100 | |
| Previous Owner | Hickman Joseph B | $141,200 |
Source: Public Records
Tax History Compared to Growth
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 | $7,637 | $134,370 | $31,260 | $103,110 |
| 2023 | $7,475 | $134,370 | $31,260 | $103,110 |
| 2022 | $6,824 | $93,660 | $20,720 | $72,940 |
| 2021 | $6,881 | $93,660 | $20,720 | $72,940 |
| 2020 | $6,861 | $93,660 | $20,720 | $72,940 |
| 2019 | $5,785 | $74,550 | $20,720 | $53,830 |
| 2018 | $5,359 | $74,550 | $20,720 | $53,830 |
| 2017 | $5,451 | $74,550 | $20,720 | $53,830 |
| 2016 | $5,212 | $62,160 | $21,420 | $40,740 |
| 2015 | $5,048 | $62,160 | $21,420 | $40,740 |
| 2014 | $5,051 | $62,160 | $21,420 | $40,740 |
| 2013 | $2,403 | $59,220 | $20,405 | $38,815 |
Source: Public Records
Map
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