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394 Terra Ln; Amherst, OH Property Details

394 Terra Ln, Amherst, OH is a Single Family that was built in 1960. This property is currently Financed and is not for sale. Our records show that 394 Terra Ln has 3 bedrooms, and 1.5 bathrooms, and a total of 1,056 square feet. The lot size of 394 Terra Ln is 9,583 square feet.

Off market  •   Pre Foreclosure ✓
394 Terra Ln Amherst, OH 44001
$130,000 Listing Price
3 Beds
1.5 Baths
1,056 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1960
  • Purchase Price: $130,000
  • Open Loans / Balance: 1 / $111,970
  • Est. Equity / %: $106,030 / 48.64%
  • Gross Yield: 8.593%
  • APN: 05-00-039-104-007
  • Situs County: Lorain
  • Length Of Ownership: 7 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,056/SqFt
  • Lot: 9,583/SqFt
  • Gross: 1,632/SqFt
  • Garage: 576/SqFt
  • Living: 1,056/SqFt
  • Basement: 1,056/SqFt
  • Building: 1,632/SqFt
  • Ground: 1,056/SqFt
  • Price Per Square Foot: $123.11

Legal Description

  • Description: WOODHILL ACRES 2 74 X 130
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: 41.40637 / -82.217316
  • Subdivision: Woodhill Acres 2
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1650
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

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

Taxes

394 Terra Ln has 10 associated Taxes items

394 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 $57,722. The APN we've located for 394 Terra Ln is 05-00-039-104-007.

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Taxes
  • Assessed Value:  $57,722
  • Assessed Year:  2024
  • Assessed County:  Lorain
  • APN:  05-00-039-104-007
  • Assessed Land Value:  13055
  • Market Land Value:  37300
  • Tax Amount:  2331.2
  • Tax Year:  2024
  • Market Value:  164920
  • Market Year:  2024

Tax History

394 Terra Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2024 Assessed Value $57,722 Land Value $13,055 Improvement Value $44,667 Tax Amount $2,331.2 Change Rate +0.192527% Assessed CR Tax Rate +0.040387%
Year 2023 Assessed Value $40,800 Land Value $12,639 Improvement Value $28,161 Tax Amount $1,954.84 Change Rate +0.043138% Assessed CR Tax Rate +0.047913%
Year 2022 Assessed Value $40,800 Land Value $12,639 Improvement Value $28,161 Tax Amount $1,874 Change Rate -0.002587% Assessed CR Tax Rate +0.045931%
Year 2021 Assessed Value $40,800 Land Value $12,639 Improvement Value $28,161 Tax Amount $1,878.86 Change Rate +0.083091% Assessed CR Tax Rate +0.04605%
Year 2020 Assessed Value $33,440 Land Value $10,360 Improvement Value $23,080 Tax Amount $1,734.72 Change Rate +0.004249% Assessed CR Tax Rate +0.051876%
Year 2019 Assessed Value $33,440 Land Value $10,360 Improvement Value $23,080 Tax Amount $1,727.38 Change Rate -0.027628% Assessed CR Tax Rate +0.051656%
Year 2018 Assessed Value $33,440 Land Value $10,360 Improvement Value $23,080 Tax Amount $1,776.46 Change Rate -0.013883% Assessed CR Tax Rate +0.053124%
Year 2017 Assessed Value $32,170 Land Value $7,260 Improvement Value $24,910 Tax Amount $1,801.47 Change Rate -0.004129% Assessed CR Tax Rate +0.055998%
Year 2016 Assessed Value $32,170 Land Value $7,260 Improvement Value $24,910 Tax Amount $1,808.94 Change Rate +0.002327% Assessed CR Tax Rate +0.056231%
Year 2015 Assessed Value $32,170 Land Value $7,260 Improvement Value $24,910 Tax Amount $1,804.74 Change Rate -0.031667% Assessed CR Tax Rate +0.0561%
Year 2014 Assessed Value $33,060 Land Value $7,460 Improvement Value $25,600 Tax Amount $1,863.76 Change Rate -0.003316% Assessed CR Tax Rate +0.056375%
Year 2013 Assessed Value $33,060 Land Value $7,460 Improvement Value $25,600 Tax Amount $1,869.96 Change Rate Assessed CR Tax Rate +0.056563%