NOT LISTED FOR SALE

5406 Road 55 Payne, OH 45880

Estimated Value: $136,000 - $173,000

4 Beds
2 Baths
2,000 Sq Ft
$78/Sq Ft Est. Value

Sale Details

Date Sold: January 8, 2013

Last sale price $15,500 $8 Per Sq Ft

Est. 912% increase in value since last sale

Current estimated payment $908 / mo

120 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Dining Room

About This Home

As of January 2013

MAKE AN OFFER on this Large 4-bedroom, 2-full bath country home sitting on 2.24 acres. Replacement windows. Vinyl siding.

Last Agent to Sell the Property

Vicki Solly

Sam Switzer Realty LLC License #0000440485 Listed on: 09/04/2012

Last Buyer's Agent

Judy Rohlf

Coldwell Banker Sigg Realty License #2010002722

Coldwell Banker Sigg Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1901

Lot Details

  • 2.24 Acre Lot

Parking

  • Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Payne Elementary School
  • Wayne Trace High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 03-12S-004-01

Home Details

Home Type

Single Family

Year Built

Built in 1901

Lot Details

2.24 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1901
  • Lot Size Acres: 2.24
  • Lot Size: 2.24 acres
  • Subdivision Name: None
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • RoomKey: 20250912212142828908000000
  • RoomKey: 20250912212143605227000000
  • Status Change Information: Status Change Timestamp: 2013-01-08
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Living Area: 2000.0
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Vinyl Siding
  • Foundation Details: Crawl Space

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, None, Driveway

Utilities

  • Heating: Forced Air, Propane
  • Sewer: Septic Tank
  • Appliances: Water Heater
  • Cooling: None
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Wayne Trace

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 97574.0
  • Parcel #: 03-12S-004-01

MLS Schools

  • Elementary School: Payne
  • HighSchool: Wayne Trace

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2021
Sold by
Varner James T
Bought by
Lotz Gregory J and Lotz Amanda
Current Estimated Value
$156,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,250
Outstanding Balance
$59,354
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$97,568

Purchase Details

Listed on
Sep 4, 2012
Closed on
Jan 3, 2013
Sold by
Fifth Third Mortgage Co
Bought by
Varner James T
Seller's Agent
Vicki Solly
Sam Switzer Realty LLC
Buyer's Agent
Judy Rohlf
Coldwell Banker Sigg Realty
List Price
$30,900
Sold Price
$15,500
Premium/Discount to List
-$15,400
-49.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.04%

Purchase Details

Closed on
Feb 7, 2012
Sold by
Zuber Brant A
Bought by
Fifth Third Mortgage Co

Purchase Details

Closed on
Aug 30, 2006
Sold by
Hamrick Paul E and Hamrick Susan M
Bought by
Zuber Brant A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
8.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 24, 1993
Bought by
Varner James T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Lotz Gregory J $60,000 None Available
Varner James T $75,500 None Available
Fifth Third Mortgage Co $46,000 None Available
Zuber Brant A $102,000 None Available
Varner James T $30,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lotz Gregory J $72,250
Previous Owner Zuber Brant A $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2013 01/08/13 Sold $15,500 -49.8% $8 / Sq Ft
01/02/2013 01/02/13 Pending -- -- --
09/04/2012 09/04/12 For Sale $30,900 -- $15 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

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
2025 $845 $27,230 $11,270 $15,960
2024 $845 $20,480 $8,470 $12,010
2023 $665 $20,480 $8,470 $12,010
2022 $680 $20,480 $8,470 $12,010
2021 $1,178 $31,290 $7,980 $23,310
2020 $1,218 $31,290 $7,980 $23,310
2019 $1,224 $28,250 $7,980 $20,270
2018 $1,008 $28,250 $7,980 $20,270
2017 $1,009 $28,250 $7,980 $20,270
2016 $1,009 $28,250 $7,980 $20,270
2015 $1,004 $28,840 $7,000 $21,840
2014 $1,018 $28,840 $7,000 $21,840
2013 $1,115 $28,840 $7,000 $21,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 5047068

Northwest Ohio Real Estate Information Service (NORIS)

APN: 03-12S-004-01

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