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1051 Addice Way

1051 Addice Way, Cincinnati, OH 45224
Sold Nov 23, 2020
$140,000
$137,464 by Paramount Residential Mortgage
Mortgage Due Dec 01, 2050
Local assessors in Cincinnati, OH have categorized 1051 Addice Way as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 10,411 square feet. The linear feet between the front and back of the lot was measured at 1,120 ft and the front of the lot was measured at 460 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1051 Addice Way has a total of 1,221 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 825 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage underground or in the basement for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on no air conditioning for their cooling system. The home's a heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Nov 9, 2020 for $140,000. That's $114.66 per sqft. 1051 Addice Way was last assessed in 2019. The total value of the property was assessed at $26,429. Specifically, the land the property is located on was valued at $10,003. While improvements on the property were assessed at a total of $16,426. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,027. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 825
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,411
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 460
  • Total Building Area: 1,221
  • Building Area: 1,221
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,221
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JOSEPH NOVOTNYS SUBDIVISION
  • Land Acres: 0.239
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: 1051 ADDIC WAY 92.11X112 LOT 76&LND ADJ JOSEPH NOVOTNYS 2ND PAR 139-179

Ownership

  • Current Owner : SWANN MARKIA
  • Previous Owner : EMPIRE INVESTMENTS LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Cincinnati City School District
  • School Tax School District: CINCINNATI CSD
  • Census Tract: 008100

Geography

  • Parcel: 236-0001-0139-00
  • Municipality: CINCINNATI CITY
  • Latitude: 39.2001
  • Longitude: -84.5327

    Address

  • Full Address: 1051 Addice Way
  • Address - House Number: 1051
  • Address - Street Name: Addice
  • Address - Suffix Type: Way
  • State: OH
  • City Name: Cincinnati
  • Carrier Code: C024
  • 4-Digit Zip Code: 2701
  • Zip Code: 45224

Valuation

    Tax

  • Tax Year: 2019
  • Tax Amount: $2,027
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2332
  • Valuation Date: Dec 16, 2020
  • Confidence Score: 67
  • Final Value: 122,123
  • High Value: 150,608
  • Low Value: 93,639

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $137,464
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 23, 2020
  • First Open Lien Mortgage Loan Amount: $137,464
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $75,510
  • Market Land Value: $28,580
  • Market Improvement Value: $46,930

    Assessments Valuation

  • Assessed Year: 2019
  • Assessed Total Value: $26,429
  • Assessed Land Value: $10,003
  • Assessed Improvements Value: $16,426

    Sales

  • Current Sale Contract Date: Nov 09, 2020
  • Current Sale Recording Date: Nov 23, 2020
  • Current Sale Transaction ID: 11807313730
  • Current Sale Price: $140,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-0122826

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Nov 23, 2020
  • First Mortgage Loan Amount: $137,464
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2050

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Frequently Asked Questions

What neighborhood is 1051 Addice Way located in?
The 1051 Addice Way is a house located in the neighborhood of College Hill in College Hill, Cincinnati.
What is the average sales price for listings in 1051 Addice Way?
The average sales price for units in 1051 Addice Way is $0 currently.

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