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494 Michael Ave; Westerville, OH Property Details

494 Michael Ave, Westerville, OH is a Single Family that was built in 1975. This property is currently Financed and is not for sale. Our records show that 494 Michael Ave has 4 bedrooms, and 2.5 bathrooms, and a total of 1,932 square feet. The lot size of 494 Michael Ave is 14,580 square feet.

Off market
494 Michael Ave Westerville, OH 43081
$125,620 Estimated Value
4 Beds
2.5 Baths
1,932 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1975
  • Purchase Price: $121,000
  • Open Loans / Balance: 2 / $269,124
  • Est. Equity / %: $110,876 / 29.18%
  • Gross Yield: 10.118%
  • APN: 080-005554
  • Situs County: Franklin
  • Length Of Ownership: 30 years, 6 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Masonry
  • Building Condition: Average
  • Building Quality: C
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,932/SqFt
  • Lot: 14,580/SqFt
  • Gross: 1,932/SqFt
  • Living: 1,932/SqFt
  • Building: 1,932/SqFt
  • Ground: 1,711/SqFt
  • Price Per Square Foot: $62.63

Legal Description

  • Description: MICHAEL AVENUE GREEN ACRES PHASE II LOT 79
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Westerville City School District
  • Lat / Lon: 40.129494 / -82.912476
  • Subdivision: Green Acres Ph 2
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1814
  • Bathroom Fixtures: 10
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

494 Michael Ave has no associated ownership info
494 Michael Ave has no associated ownership info.

Taxes

494 Michael Ave has 10 associated Taxes items

494 Michael Ave, Westerville, OH pays taxes in Franklin County, OH. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $125,620. The APN we've located for 494 Michael Ave is 080-005554.

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Taxes
  • Assessed Value:  $125,620
  • Assessed Year:  2025
  • Assessed County:  Franklin
  • APN:  080-005554
  • Assessed Land Value:  29750
  • Market Land Value:  85000
  • Tax Amount:  7139.24
  • Tax Year:  2024
  • Market Value:  358900
  • Market Year:  2025

Tax History

494 Michael Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $125,620 Land Value $29,750 Improvement Value $95,870 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $7,139.24 Change Rate +0.021669% Assessed CR Tax Rate
Year 2023 Assessed Value $125,615 Land Value $29,750 Improvement Value $95,865 Tax Amount $6,987.82 Change Rate +0.159204% Assessed CR Tax Rate +0.055629%
Year 2022 Assessed Value $82,740 Land Value $15,050 Improvement Value $67,690 Tax Amount $6,028.12 Change Rate -0.008311% Assessed CR Tax Rate +0.072856%
Year 2021 Assessed Value $82,740 Land Value $15,050 Improvement Value $67,690 Tax Amount $6,078.64 Change Rate +0.002857% Assessed CR Tax Rate +0.073467%
Year 2020 Assessed Value $82,740 Land Value $15,050 Improvement Value $67,690 Tax Amount $6,061.32 Change Rate +0.201684% Assessed CR Tax Rate +0.073257%
Year 2019 Assessed Value $65,000 Land Value $15,050 Improvement Value $49,950 Tax Amount $5,044.02 Change Rate +0.010404% Assessed CR Tax Rate +0.0776%
Year 2018 Assessed Value $65,000 Land Value $15,050 Improvement Value $49,950 Tax Amount $4,992.08 Change Rate -0.017674% Assessed CR Tax Rate +0.076801%
Year 2017 Assessed Value $65,000 Land Value $15,050 Improvement Value $49,950 Tax Amount $5,081.9 Change Rate -0.023301% Assessed CR Tax Rate +0.078183%
Year 2016 Assessed Value $62,060 Land Value $20,720 Improvement Value $41,340 Tax Amount $5,203.14 Change Rate +0.032496% Assessed CR Tax Rate +0.08384%
Year 2015 Assessed Value $62,060 Land Value $20,720 Improvement Value $41,340 Tax Amount $5,039.38 Change Rate -0.000738% Assessed CR Tax Rate +0.081202%
Year 2014 Assessed Value $62,060 Land Value $20,720 Improvement Value $41,340 Tax Amount $5,043.1 Change Rate +1.102369% Assessed CR Tax Rate +0.081262%
Year 2013 Assessed Value $59,115 Land Value $19,740 Improvement Value $39,375 Tax Amount $2,398.77 Change Rate Assessed CR Tax Rate +0.040578%