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1788 Cedar Terrace

1788 Cedar Terrace, Florence, KY 41042
Property in Boone
Sold Jan 13, 2022
$225,100
$168,750 by Ally Bank
Mortgage Due Feb 01, 2037
Sold Jul 16, 2019
$190,000
$171,000 by Chemical Bank
Mortgage Due Aug 01, 2049
Local assessors in Florence, KY have categorized 1788 Cedar Terrace as a residential type of property. The property's lot size has been calculated to be 2,949 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style.

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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1788 Cedar Terrace was last sold in Jan 5, 2022 for $225,100. Prior to that sales transaction, the property was sold for $190,000 in Jul 10, 2019. Current property owners are expected to pay $2,198 in taxes per year. The property on 1788 Cedar Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $225,100. To break that down further, the land itself was valued at $15,000. While improvements to the property were assessed at a total of $210,100. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Style: Townhouse
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,949
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAGE TERRACE
  • Land Acres: 0.067
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LOT 25 PHASE II REPLAT OF LOT 7 VILLAGE TERRACE (0.0677 AC)

Ownership

  • Current Owner : MOHHAN SABARIE G
  • Previous Owner : SCHOENER DOUGLAS J
  • Previous Owner 2: KANAVICZ EDWARD J
  • Owner Before Previous Owner: TERRACE HOLDINGS LLC

Neighborhood

  • School District Name: Boone County School District
  • School Tax School District: FLORENCE
  • Census Tract: 070318

Geography

  • District: 100003
  • Subdivision Phase Number: 2
  • Parcel: 051.01-09-025.00
  • Lot: 7,25
  • Municipality: FLORENCE
  • Latitude: 38.9678
  • Longitude: -84.6793

    Address

  • Full Address: 1788 Cedar Ter
  • Address - House Number: 1788
  • Address - Street Name: Cedar
  • Address - Suffix Type: Ter
  • State: KY
  • City Name: Florence
  • Carrier Code: R015
  • 4-Digit Zip Code: 7956
  • Zip Code: 41042

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,198

    Appraisal Valuation

  • Standard Deviation: 0.1846
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 293,430
  • High Value: 347,621
  • Low Value: 239,240

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $168,750
  • First Open Lien Mortgage Lender: ALLY BANK
  • First Open Lien Mortgage Recording Date: Jan 13, 2022
  • First Open Lien Mortgage Loan Amount: $168,750
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2037

    Market Valuation

  • Market Total Value: $225,100
  • Market Land Value: $15,000
  • Market Improvement Value: $210,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,100
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $210,100

    Sales

  • Current Sale Contract Date: Jan 05, 2022
  • Current Sale Recording Date: Jan 13, 2022
  • Current Sale Transaction ID: 11877571377
  • Current Sale Price: $225,100
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 858777
  • Previous Sale Recording Date: Jul 16, 2019
  • Previous Sale Contract Date: Jul 10, 2019
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALLY BANK
  • First Mortgage Transaction Date: Jan 13, 2022
  • First Mortgage Loan Amount: $168,750
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2037

    Previous Mortgages

  • Previous Mortgage Lender: CHEMICAL BANK
  • Previous Mortgage Transaction Date: Jul 16, 2019
  • Previous Mortgage Loan Amount: $171,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2049

About Florence



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1788 Cedar Terrace located in?
The 1788 Cedar Terrace is a located in the neighborhood of Boone in Florence, Florence.
What is the average sales price for listings in 1788 Cedar Terrace?
The average sales price for units in 1788 Cedar Terrace is $0 currently.

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