NOT LISTED FOR SALE

5406 Phillips Rice Rd Cortland, OH 44410

Estimated Value: $243,000 - $307,000

3 Beds
3 Baths
1,906 Sq Ft
$145/Sq Ft Est. Value

Last Sold February 26, 2018

Last sale price $85,000 $45 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $1,704/month

63 Days on Market

Highlights

  • 1.84 Acre Lot
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Deck
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of February 2018

Quiet Setting on Large Lot. Ranch style home with open floor plan. Attached 2 Car garage, Florida room, outbuilding/workshop.

Last Agent to Sell the Property

Michelle Stevens

Deleted Agent License #2003013636 Listed on: 11/03/2017

Last Buyer's Agent

Bob Ciulei

Inactive Agent License #2016005802

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974

Lot Details

  • 1.84 Acre Lot
  • Unpaved Streets

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,906 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 35-034725

Home Details

Home Type

Single Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • Price Per Square Foot: 44.60
  • Estimated Price per Sq Ft: 44.60
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1906
  • Year Built: 1974
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1974

Interior Features

  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Room Count: 12
  • Basement Detail: Full
  • Sq Ft Approx Above Grade Finished: 1906.00
  • Sq Ft Approx Total Finished: 1906.00

Exterior Features

  • Exterior: Brick, Vinyl
  • Exterior Features: Deck
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Attached
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Well, Septic

Schools

  • School District: Maplewood LSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 1.8400
  • Parcel Number: 35-034725

Tax Info

  • Tax: 2741

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2017
Closed on
Feb 21, 2018
Sold by
Bayview Loan Servicing Llc
Bought by
Townsend Michael
Seller's Agent
Michelle Stevens
Deleted Agent
Buyer's Agent
Bob Ciulei
Inactive Agent
List Price
$104,900
Sold Price
$85,000
Premium/Discount to List
-$19,900
-18.97%
Current Estimated Value
$276,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,807
Avg. Annual Appreciation
16.64%
Original Mortgage
$80,750
Outstanding Balance
$68,474
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$208,333

Purchase Details

Closed on
Oct 13, 2017
Sold by
Trumbull Sherry and Wellman Sherry L
Bought by
Bayview Loan Servicing Llc and Bank Of America N A

Purchase Details

Closed on
Jun 14, 2006
Sold by
Hoy John D and Hoy Margaret A
Bought by
Trumbull Sherry

Purchase Details

Closed on
Apr 14, 2006
Sold by
Hoy John D and Hoy Margaret A
Bought by
Trumbull Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 30, 2002
Sold by
Masey Ronald J and Mazey Mary Ann
Bought by
Hoy John D and Hoy Margaret A

Purchase Details

Closed on
Jan 1, 1990
Bought by
Ronald J Mazey
Source: Public Records

Range of Values:

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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
Townsend Michael $85,000 None Available
Bayview Loan Servicing Llc $80,000 None Available
Trumbull Sherry $140,000 None Available
Trumbull Sherry $140,000 None Available
Hoy John D $133,000 --
Ronald J Mazey -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Townsend Michael $80,750
Previous Owner Trumbull Sherry $112,000
Closed Hoy John D --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2018 02/26/18 Sold $85,000 -10.1% $45 / Sq Ft
01/05/2018 01/05/18 Pending -- -- --
01/02/2018 01/02/18 Price Changed $94,500 -5.4% $50 / Sq Ft
12/06/2017 12/06/17 Price Changed $99,900 -4.8% $52 / Sq Ft
11/03/2017 11/03/17 For Sale $104,900 -- $55 / Sq Ft
Source: MLS Now

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 $3,054 $77,360 $7,530 $69,830
2023 $3,054 $77,360 $7,530 $69,830
2022 $2,755 $62,060 $6,900 $55,160
2021 $2,939 $62,060 $6,900 $55,160
2020 $2,847 $62,060 $6,900 $55,160
2019 $2,720 $56,530 $6,370 $50,160
2018 $2,704 $56,530 $6,370 $50,160
2017 $2,632 $56,530 $6,370 $50,160
2016 $2,611 $56,220 $5,710 $50,510
2015 $2,532 $56,220 $5,710 $50,510
2014 $2,524 $56,220 $5,710 $50,510
2013 $2,588 $56,220 $5,710 $50,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3954052

MLS Now

APN: 35-034725