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2061 Franklin Laurel Road

2061 Franklin Laurel Road, New Richmond, OH 45157
Property in Monroe
Sold Aug 28, 1997
$86,250
Buyer
Seller
$53,000 by Riverhills Bank
Mortgage Due Aug 01, 2051
Sold Jul 31, 1997
$127,500
$102,000 by Clermont Savings Bank
Mortgage Due Jul 31, 2012
Local assessors in New Richmond, OH have categorized 2061 Franklin Laurel Road as a residential type of property. The home was built in 1986 and is 38 years old. The property's lot size has been calculated to be 92,826 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a mobile home style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 2061 Franklin Laurel Road has a total of 1,456 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. The home sources its water from none system. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. 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 frame 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 - D. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's electric heaters is the primary heating source and it is being fueled with electricity. 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, 2061 Franklin Laurel Road was last sold in Aug 28, 1997 for $86,250. According to our calculations, that's $59.24 per sqft. Prior to that sales transaction, the property was sold for $127,500 in Jul 31, 1997. Current property owners are expected to pay $2,854 in taxes per year. The property on 2061 Franklin Laurel Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $29,650. To break that down further, the land itself was valued at $12,320. While improvements to the property were assessed at a total of $17,330. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

  • Year Built: 1986
  • Effective Year Built: 1986
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Mobile home
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 92,826
  • Total Building Area: 1,456
  • Building Area: 1,456
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Electric
  • Heated Square Feet: 1,456
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: MCDOUGALS MILITARY SURVEY NO 1768
  • Land Acres: 2.131
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T

Ownership

  • Current Owner : BRUCE JOHN L
  • Previous Owner : LOCKEY JAMES
  • Owner Before Previous Owner: TRUMBLE PEGGY J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: New Richmond Exempted Village School District
  • Census Tract: 041702

Geography

  • Parcel: 22-26-14A-017
  • Municipality: MONROE TWP
  • Latitude: 38.9361
  • Longitude: -84.2136

    Address

  • Full Address: 2061 Franklin Laurel Rd
  • Address - House Number: 2061
  • Address - Street Name: Franklin Laurel
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: New Richmond
  • Carrier Code: R003
  • 4-Digit Zip Code: 8521
  • Zip Code: 45157

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,854
  • Tax Rate Code Area: 22

    Appraisal Valuation

  • Standard Deviation: 0.1776
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 174,601
  • High Value: 205,610
  • Low Value: 143,592

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $53,000
  • First Open Lien Mortgage Lender: RIVERHILLS BANK
  • First Open Lien Mortgage Recording Date: Jul 16, 2021
  • First Open Lien Mortgage Loan Amount: $53,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $84,700
  • Market Land Value: $35,200
  • Market Improvement Value: $49,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $29,650
  • Assessed Land Value: $12,320
  • Assessed Improvements Value: $17,330

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 28, 1997
  • Current Sale Recording Date: Aug 28, 1997
  • Current Sale Transaction ID: 1198552027
  • Current Sale Price: $86,250
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jul 31, 1997
  • Previous Sale Contract Date: Jul 31, 1997
  • Previous Sale Amount: $127,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CLERMONT SAVINGS BANK
  • First Mortgage Transaction Date: Aug 28, 1997
  • First Mortgage Loan Amount: $86,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 28, 2027

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: CLERMONT SAVINGS BANK
  • Previous Mortgage Transaction Date: Jul 31, 1997
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $102,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 31, 2012

About Clermont



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Frequently Asked Questions

What neighborhood is 2061 Franklin Laurel Road located in?
The 2061 Franklin Laurel Road is a located in the neighborhood of Monroe in Clermont, New Richmond.
What is the average sales price for listings in 2061 Franklin Laurel Road?
The average sales price for units in 2061 Franklin Laurel Road is $0 currently.

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