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2525 Ridgeland Place

2525 Ridgeland Place, Cincinnati, OH 45212
Sold Feb 18, 2021
$253,000
$240,350 by First Equity Mortgage Inc
Mortgage Due Mar 01, 2051
Sold Jul 27, 2018
$225,500
Seller
$214,225 by The Huntington National Bank
Mortgage Due Aug 01, 2048
Local assessors in Cincinnati, OH have categorized 2525 Ridgeland Place as a residential type of property. The home was built in 1926 and is 98 years old. The property's lot size has been calculated to be 4,400 square feet. The linear feet between the front and back of the lot was measured at 850 ft and the front of the lot was measured at 500 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. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2525 Ridgeland Place has a total of 1,388 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. 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. The garage on the property is 200 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown 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 masonry 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 masonry 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 baseboard heaters is the primary heating source and it is 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, 2525 Ridgeland Place was last sold in Feb 1, 2021 for $253,000. According to our calculations, that's $111.16 per sqft. Prior to that sales transaction, the property was sold for $225,500 in Jul 20, 2018. Current property owners are expected to pay $5,411 in taxes per year. The property on 2525 Ridgeland Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $88,551. To break that down further, the land itself was valued at $17,581. While improvements to the property were assessed at a total of $70,970. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Features

Exterior

Brick Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Conventional
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 888
  • Garage Type: Underground/basement
  • Garage Square Area: 200
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,400
  • Lot Size Depth Feet: 850
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,276
  • Gross Building Area: 2,276
  • Building Area: 1,388
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 1,388
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HALLOWELLS SUB
  • Land Acres: 0.101
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: 2525 RIDGELAND PL 50 X 85 PT LOT 5 J HALLOWELLS SUB

Ownership

  • Current Owner : BAKER STEPHEN
  • Current Owner 2: BAKER MICHELE E
  • Previous Owner : JOHNSON SARA A
  • Owner Before Previous Owner: RCLO LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cincinnati City School District
  • School Tax School District: CINCINNATI CSD
  • Census Tract: 005702

Zoning

  • Zoning: SF4

Geography

  • Parcel: 120-0003-0107-00
  • Lot: 5
  • Municipality: CINCINNATI CITY
  • Latitude: 39.174
  • Longitude: -84.4423

    Address

  • Full Address: 2525 Ridgeland Pl
  • Address - House Number: 2525
  • Address - Street Name: Ridgeland
  • Address - Suffix Type: Pl
  • State: OH
  • City Name: Cincinnati
  • Carrier Code: C040
  • 4-Digit Zip Code: 1813
  • Zip Code: 45212

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,411
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.242
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 66
  • Final Value: 322,623
  • High Value: 400,728
  • Low Value: 244,519

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,350
  • First Open Lien Mortgage Lender: FIRST EQUITY MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Feb 18, 2021
  • First Open Lien Mortgage Loan Amount: $240,350
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $253,000
  • Market Land Value: $50,230
  • Market Improvement Value: $202,770

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $88,551
  • Assessed Land Value: $17,581
  • Assessed Improvements Value: $70,970

    Sales

  • Current Sale Contract Date: Feb 01, 2021
  • Current Sale Recording Date: Feb 18, 2021
  • Current Sale Transaction ID: 11824560742
  • Current Sale Price: $253,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-0020676
  • Previous Sale Recording Date: Jul 27, 2018
  • Previous Sale Contract Date: Jul 20, 2018
  • Previous Sale Amount: $225,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST EQUITY MORTGAGE INC
  • First Mortgage Transaction Date: Feb 18, 2021
  • First Mortgage Loan Amount: $240,350
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • Previous Mortgage Transaction Date: Jul 27, 2018
  • Previous Mortgage Loan Amount: $214,225
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2048

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Frequently Asked Questions

What neighborhood is 2525 Ridgeland Place located in?
The 2525 Ridgeland Place is a house located in the neighborhood of Pleasant Ridge in Pleasant Ridge, Cincinnati.
What is the average sales price for listings in 2525 Ridgeland Place?
The average sales price for units in 2525 Ridgeland Place is $0 currently.

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