NOT LISTED FOR SALE

5527 Madrid Dr Westerville, OH 43081

Estimated Value: $233,000 - $312,110

4 Beds
2 Baths
1,404 Sq Ft
$203/Sq Ft Est. Value

Last Sold January 07, 2014

Last sale price $84,400 $60 Per Sq Ft

Est. 237% increase in value since last sale

Current estimated payment $1,782/month

26 Days on Market

Highlights

  • 1.21 Acre Lot
  • Ranch Style House
  • Garage
  • Westerville Central High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of January 2014

Outstanding ranch in Old Westerville. This property is located very close to I270, I71, Airport, Downtown and Easton Ton Center. Great established community with mature trees and nice landscaping. Large treed lot with lots of privacy for relaxing outback. Plenty of sunlight in large windows thru the property. Separate eating area with plenty of space for a single user or a family. 4 oversized bedrooms and 2 large baths. Nice curb appeal and driveway. Huge living space

Last Agent to Sell the Property

Marina Barash

RE/MAX Town Center License #2002016858 Listed on: 11/01/2013

Last Buyer's Agent

Shannon Carey

Better Homes & Gardens BigHill

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 1.21

Parking

  • Garage

Home Design

  • 1,404 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Aluminum Siding

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Laundry on main level
  • 1.21 Acre Lot

Listing and Financial Details

  • HUD Owned
  • Assessor Parcel Number 110-003492

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Type: Residential
  • Accessible Features: No
  • Year Built: 1962
  • Tax Year: 2012
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 1.21
  • Co List Office Phone: 614-428-7444
  • MLS Status: Closed
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Rooms:Living Room: Yes
  • Air Conditioning Central: Yes
  • Foundation:Slab: Yes
  • Exterior Brick: Yes
  • Exterior:Aluminum Siding: Yes
  • Addl Acceptance Cond HUD: Yes
  • Rooms 1st Flr Primary Suite: Yes
  • Rooms 1st Flr Laundry: Yes
  • Levels One2: Yes
  • Architectural Style Ranch: Yes
  • Common Walls No Common Walls: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Entry Level Bedrooms: 4
  • Entry Level Full Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Main Level Bedrooms: 4
  • Other Rooms:Dining Room: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Foundation Details: Slab

Garage/Parking

  • Parking Features 1 Car Garage: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Gas2: Yes

Schools

  • Junior High Dist: WESTERVILLE CSD 2514 FRA CO.

Lot Info

  • Parcel Number: 110-003492
  • Lot Size Sq Ft: 52707.6

Tax Info

  • Tax Annual Amount: 3726.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2013
Closed on
Jan 6, 2014
Sold by
Secretary Of Hud
Bought by
Cisco Anthony
Seller's Agent
Marina Barash
RE/MAX Town Center
Buyer's Agent
Shannon Carey
Better Homes & Gardens BigHill
List Price
$90,000
Sold Price
$84,400
Premium/Discount to List
-$5,600
-6.22%
Current Estimated Value
$284,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,128
Avg. Annual Appreciation
10.83%

Purchase Details

Closed on
Jul 12, 2013
Sold by
Bank Of Amercia Na
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Jun 21, 2013
Sold by
Etheridge Timothy
Bought by
Bank Of America Na

Purchase Details

Closed on
Feb 18, 2009
Sold by
Ethridge Tina
Bought by
Etheridge Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,468
Interest Rate
4.91%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 19, 2002
Sold by
Martha Bean Melissa T and Martha Melissa
Bought by
Etheridge Timothy and Etheridge Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,041
Interest Rate
6.7%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 3, 1999
Sold by
Bean Terry Rodger
Bought by
Theis Theis Melissa Martha Melissa Martha and Theis Bean Melissa

Purchase Details

Closed on
Aug 2, 1999
Sold by
Grace Baptist Church
Bought by
Theis Bean Terry Theis and Theis Bean Melissa

Purchase Details

Closed on
Sep 4, 1996
Sold by
Green Jacquiline T
Bought by
Theis Melissa and Theis Terry T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,883
Interest Rate
8.27%
Mortgage Type
FHA
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
Cisco Anthony -- None Available
The Secretary Of Hud -- Independent Title Box
Bank Of America Na $84,000 None Available
Etheridge Timothy -- Attorney
Etheridge Timothy $135,900 Chicago Title
Theis Theis Melissa Martha Melissa Martha -- --
Theis Bean Terry Theis -- Valley Title
Theis Melissa $88,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Etheridge Timothy $133,468
Previous Owner Etheridge Timothy $131,041
Previous Owner Theis Melissa $87,883
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2025 03/27/25 Off Market $84,400 -- --
01/07/2014 01/07/14 Sold $84,400 -6.2% $60 / Sq Ft
12/08/2013 12/08/13 Pending -- -- --
10/31/2013 10/31/13 For Sale $90,000 -- $64 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

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 $9,969 $87,050 $27,900 $59,150
2023 $5,297 $87,045 $27,895 $59,150
2022 $12,862 $76,730 $32,520 $44,210
2021 $6,288 $76,730 $32,520 $44,210
2020 $6,284 $76,730 $32,520 $44,210
2019 $5,668 $63,390 $32,520 $30,870
2018 $4,042 $63,390 $32,520 $30,870
2017 $5,458 $63,390 $32,520 $30,870
2016 $2,817 $29,550 $13,760 $15,790
2015 $2,637 $29,550 $13,760 $15,790
2014 $2,706 $29,550 $13,760 $15,790
2013 $3,861 $42,945 $13,755 $29,190
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Marina Barash

    RE/MAX

  • S

    Buyer's Agent in 2014

    Shannon Carey

    Better Homes & Gardens BigHill

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 213038872

Columbus and Central Ohio Regional MLS

APN: 110-003492

Ohio Franklin County Westerville 43081

5527 Madrid Dr, Westerville, OH

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