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116 Terra Ln; Amherst, OH Property Details

116 Terra Ln, Amherst, OH is a Single Family that was built in 1958. This property is currently a cash purchase and is not for sale. Our records show that 116 Terra Ln has 3 bedrooms, and 2.5 bathrooms, and a total of 1,800 square feet. The lot size of 116 Terra Ln is 9,583 square feet.

Off market
116 Terra Ln Amherst, OH 44001
$74,932 Estimated Value
3 Beds
2.5 Baths
1,800 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1958
  • Purchase Price: $85,000
  • Est. Equity / %: $229,000 / 100%
  • Gross Yield: 15.212%
  • APN: 05-00-039-104-013
  • Situs County: Lorain
  • Length Of Ownership: 16 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Average
  • Building Quality: C
  • Water Source: Yes

Measurements

  • Total: 1,800/SqFt
  • Lot: 9,583/SqFt
  • Gross: 2,112/SqFt
  • Garage: 312/SqFt
  • Living: 1,800/SqFt
  • Basement: 1,176/SqFt
  • Building: 2,112/SqFt
  • Ground: 1,848/SqFt
  • Price Per Square Foot: $47.22

Legal Description

  • Description: WOODHILL ACRES 2 75 X 128
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Amherst Exempted Village School District
  • Lat / Lon: 41.405136 / -82.217384
  • Subdivision: Woodhill Acres 2
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1646
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 1

Ownership Info

116 Terra Ln has no associated ownership info
116 Terra Ln has no associated ownership info.

Taxes

116 Terra Ln has 10 associated Taxes items

116 Terra Ln, Amherst, OH pays taxes in Lorain County, OH. The most recent tax assessment records are from 2024 and show that the current assessed value of the property is $74,932. The APN we've located for 116 Terra Ln is 05-00-039-104-013.

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Taxes
  • Assessed Value:  $74,932
  • Assessed Year:  2024
  • Assessed County:  Lorain
  • APN:  05-00-039-104-013
  • Assessed Land Value:  13164
  • Market Land Value:  37610
  • Tax Amount:  3099.14
  • Tax Year:  2024
  • Market Value:  214090
  • Market Year:  2024

Tax History

116 Terra Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2024 Assessed Value $74,932 Land Value $13,164 Improvement Value $61,768 Tax Amount $3,099.14 Change Rate +0.249835% Assessed CR Tax Rate +0.041359%
Year 2023 Assessed Value $50,505 Land Value $12,747 Improvement Value $37,758 Tax Amount $2,479.64 Change Rate +0.041402% Assessed CR Tax Rate +0.049097%
Year 2022 Assessed Value $50,505 Land Value $12,747 Improvement Value $37,758 Tax Amount $2,381.06 Change Rate -0.002514% Assessed CR Tax Rate +0.047145%
Year 2021 Assessed Value $50,505 Land Value $12,747 Improvement Value $37,758 Tax Amount $2,387.06 Change Rate +0.061227% Assessed CR Tax Rate +0.047264%
Year 2020 Assessed Value $41,400 Land Value $10,450 Improvement Value $30,950 Tax Amount $2,249.34 Change Rate +0.744581% Assessed CR Tax Rate +0.054332%
Year 2019 Assessed Value $41,400 Land Value $10,450 Improvement Value $30,950 Tax Amount $1,289.33 Change Rate -0.010734% Assessed CR Tax Rate +0.031143%
Year 2018 Assessed Value $41,400 Land Value $10,450 Improvement Value $30,950 Tax Amount $1,303.32 Change Rate +0.496521% Assessed CR Tax Rate +0.031481%
Year 2017 Assessed Value $39,170 Land Value $7,320 Improvement Value $31,850 Tax Amount $870.9 Change Rate -0.506032% Assessed CR Tax Rate +0.022234%
Year 2016 Assessed Value $39,170 Land Value $7,320 Improvement Value $31,850 Tax Amount $1,763.07 Change Rate -0.197671% Assessed CR Tax Rate +0.045011%
Year 2015 Assessed Value $39,170 Land Value $7,320 Improvement Value $31,850 Tax Amount $2,197.44 Change Rate Assessed CR Tax Rate +0.0561%
Year 2014 Assessed Value $40,260 Land Value $7,520 Improvement Value $32,740 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $40,260 Land Value $7,520 Improvement Value $32,740 Tax Amount Change Rate Assessed CR Tax Rate
Year 2008 Assessed Value Land Value Improvement Value Tax Amount $1,857.4 Change Rate Assessed CR Tax Rate