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718 Terra Ln; Amherst, OH Property Details

718 Terra Ln, Amherst, OH is a Single Family that was built in 1964. This property is currently Financed and is not for sale. Our records show that 718 Terra Ln has 3 bedrooms, and 1.5 bathrooms, and a total of 1,626 square feet. The lot size of 718 Terra Ln is 10,019 square feet.

Off market
718 Terra Ln Amherst, OH 44001
$70,658 Estimated Value
3 Beds
1.5 Baths
1,626 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1964
  • Purchase Price: $140,000
  • Open Loans / Balance: 2 / $81,658
  • Est. Equity / %: $174,342 / 68.1%
  • Gross Yield: 10.247%
  • APN: 05-00-039-102-006
  • Situs County: Lorain
  • Length Of Ownership: 20 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 7
  • 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: 1,626/SqFt
  • Lot: 10,019/SqFt
  • Gross: 2,214/SqFt
  • Garage: 588/SqFt
  • Living: 1,626/SqFt
  • Basement: 1,056/SqFt
  • Building: 2,214/SqFt
  • Ground: 1,056/SqFt
  • Price Per Square Foot: $86.10

Legal Description

  • Description: N WOODHILL ACRES 1 75 X 138 S/L 9
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: 41.409138 / -82.21716
  • Subdivision: N Woodhill Acres 1
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1117
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

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

Taxes

718 Terra Ln has 10 associated Taxes items

718 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 $70,658. The APN we've located for 718 Terra Ln is 05-00-039-102-006.

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Taxes
  • Assessed Value:  $70,658
  • Assessed Year:  2024
  • Assessed County:  Lorain
  • APN:  05-00-039-102-006
  • Assessed Land Value:  13528
  • Market Land Value:  38650
  • Tax Amount:  2853.32
  • Tax Year:  2024
  • Market Value:  201880
  • Market Year:  2024

Tax History

718 Terra Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2024 Assessed Value $70,658 Land Value $13,528 Improvement Value $57,131 Tax Amount $2,853.32 Change Rate +0.222324% Assessed CR Tax Rate +0.040382%
Year 2023 Assessed Value $48,724 Land Value $13,101 Improvement Value $35,623 Tax Amount $2,334.34 Change Rate +0.043159% Assessed CR Tax Rate +0.047909%
Year 2022 Assessed Value $48,724 Land Value $13,101 Improvement Value $35,623 Tax Amount $2,237.76 Change Rate -0.002594% Assessed CR Tax Rate +0.045927%
Year 2021 Assessed Value $48,724 Land Value $13,101 Improvement Value $35,623 Tax Amount $2,243.58 Change Rate +0.082851% Assessed CR Tax Rate +0.046047%
Year 2020 Assessed Value $39,940 Land Value $10,740 Improvement Value $29,200 Tax Amount $2,071.92 Change Rate +0.017762% Assessed CR Tax Rate +0.051876%
Year 2019 Assessed Value $39,940 Land Value $10,740 Improvement Value $29,200 Tax Amount $2,035.76 Change Rate -0.011661% Assessed CR Tax Rate +0.05097%
Year 2018 Assessed Value $39,940 Land Value $10,740 Improvement Value $29,200 Tax Amount $2,059.78 Change Rate -0.010235% Assessed CR Tax Rate +0.051572%
Year 2017 Assessed Value $38,180 Land Value $7,520 Improvement Value $30,660 Tax Amount $2,081.08 Change Rate -0.00402% Assessed CR Tax Rate +0.054507%
Year 2016 Assessed Value $38,180 Land Value $7,520 Improvement Value $30,660 Tax Amount $2,089.48 Change Rate +0.002812% Assessed CR Tax Rate +0.054727%
Year 2015 Assessed Value $38,180 Land Value $7,520 Improvement Value $30,660 Tax Amount $2,083.62 Change Rate -0.031487% Assessed CR Tax Rate +0.054574%
Year 2014 Assessed Value $39,240 Land Value $7,730 Improvement Value $31,510 Tax Amount $2,151.36 Change Rate -0.009621% Assessed CR Tax Rate +0.054826%
Year 2013 Assessed Value $39,490 Land Value $7,730 Improvement Value $31,760 Tax Amount $2,172.26 Change Rate Assessed CR Tax Rate +0.055008%