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2240 Kemper Lane

2240 Kemper Lane, Cincinnati, OH 45206
Property in Walnut Hills
Sold Dec 01, 2020
$320,000
$254,400 by Sibcy Cline Mortgage Services
Mortgage Due Dec 01, 2050
Sold Jun 08, 2007
$150,000
$120,000 by Americas Wholesale Lender
Mortgage Due May 01, 2037
2240 Kemper Lane has been categorized by the local assessors in Cincinnati, OH as a residential type of property. The building on the property was first built in 1880 and is 144 years old. The home has a total of 11 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2240 Kemper Lane has 2,297 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 500 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 2,352 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing baseboard heaters and being fueled with oil. 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, 2240 Kemper Lane was last sold in Nov 12, 2020 for $320,000. According to our calculations, that's $80.40 per sqft. Prior to that sales transaction, the property was sold for $150,000 in May 9, 2007. Current property owners are expected to pay $7,013 in taxes per year. The property on 2240 Kemper Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $112,001. To break that down further, the land itself was valued at $11,834. While improvements to the property were assessed at a total of $100,167. 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. 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

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,116
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,352
  • Lot Size Depth Feet: 500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,980
  • Gross Building Area: 3,980
  • Building Area: 2,297
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 2,297
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KEMPERS SUB
  • Land Acres: 0.054
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • County Land Use Code: Structures (general)
  • State Land Use Code: Structures (general)
  • Legal Description 1: 2240-42 KEMPER LN 50 X 50 PT LOT 1 F A KEMPERS SUB

Ownership

  • Current Owner : NIESE CODY T
  • Current Owner 2: SMITH ALEX B
  • Previous Owner : HUNTER NICHOLAS A
  • Owner Before Previous Owner: PARK HOLDING CO LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Cincinnati City School District
  • School Tax School District: CINCINNATI CSD
  • Census Tract: 002000

Zoning

  • Zoning: RMX

Geography

  • Parcel: 063-0004-0011-00
  • Lot: 1
  • Municipality: CINCINNATI CITY
  • Latitude: 39.122
  • Longitude: -84.4881

    Address

  • Full Address: 2240 Kemper Ln
  • Address - House Number: 2240
  • Address - Street Name: Kemper
  • Address - Suffix Type: Ln
  • State: OH
  • City Name: Cincinnati
  • Carrier Code: C014
  • 4-Digit Zip Code: 2719
  • Zip Code: 45206

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,013
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2645
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 47
  • Final Value: 224,933
  • High Value: 284,439
  • Low Value: 165,426

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $254,400
  • First Open Lien Mortgage Lender: SIBCY CLINE MORTGAGE SERVICES
  • First Open Lien Mortgage Recording Date: Dec 01, 2020
  • First Open Lien Mortgage Loan Amount: $254,400
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $320,000
  • Market Land Value: $33,810
  • Market Improvement Value: $286,190

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $112,001
  • Assessed Land Value: $11,834
  • Assessed Improvements Value: $100,167

    Sales

  • Current Sale Contract Date: Nov 12, 2020
  • Current Sale Recording Date: Dec 01, 2020
  • Current Sale Transaction ID: 11811954205
  • Current Sale Price: $320,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-0125309
  • Previous Sale Recording Date: Jun 08, 2007
  • Previous Sale Contract Date: May 09, 2007
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Limited Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SIBCY CLINE MORTGAGE SERVICES
  • First Mortgage Transaction Date: Dec 01, 2020
  • First Mortgage Loan Amount: $254,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAS WHOLESALE LENDER
  • Previous Mortgage Transaction Date: Jun 08, 2007
  • Previous Mortgage Loan Amount: $120,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: May 01, 2037

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Frequently Asked Questions

What neighborhood is 2240 Kemper Lane located in?
The 2240 Kemper Lane is a located in the neighborhood of Walnut Hills in Walnut Hills, Cincinnati.
What is the average sales price for listings in 2240 Kemper Lane?
The average sales price for units in 2240 Kemper Lane is $0 currently.

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