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254 Ridgeway Avenue

254 Ridgeway Avenue, Newport, KY 41071
Property in Campbell
Sold Nov 17, 2016
$120,000
$75,000 by Republic Bank & Trust Co
Mortgage Due Dec 01, 2035
Sold Aug 31, 2016
$80,000
Local assessors in Newport, KY have categorized 254 Ridgeway Avenue as a residential type of property. The home was built in 1915 and is 109 years old. The property's lot size has been calculated to be 6,000 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 400 ft. 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 254 Ridgeway Avenue has a total of 1,326 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 a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 gable style roof that was made of composition shingle. Lots of a combination of material 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 forced air unit is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 254 Ridgeway Avenue sold most recently in Nov 15, 2016 for a total of $120,000. If you work out the math, that's approximately a cost of $90.50 per sqft. Before that, the property was also sold for $80,000 in Feb 17, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $627 in taxes each year. 254 Ridgeway Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $158,660. If we break it down further, the land itself was valued at $11,800. Improvements to the property, however, were assessed at a total of $146,860. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Brick
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,326
  • Building Area: 1,326
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,326
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: H S SHALERS SUBDIVISION
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 208 ORIG SOUTHGATE 40 X 150

Ownership

  • Current Owner : MORSCHER JUSTIN
  • Previous Owner : FANNIE MAE
  • Owner Before Previous Owner: HOWLAND ROGER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Campbell County School District in Southgate ISD
  • School Tax School District: SOUTHGATE SCH
  • School Tax District Code 2: SOUTHGATE
  • Census Tract: 052500

Geography

  • District: 32
  • Parcel: 999-99-10-870.00
  • Lot: 208
  • Municipality: SOUTHGATE
  • Latitude: 39.0732
  • Longitude: -84.4753

    Address

  • Full Address: 254 Ridgeway Ave
  • Address - House Number: 254
  • Address - Street Name: Ridgeway
  • Address - Suffix Type: Ave
  • State: KY
  • City Name: Southgate
  • Carrier Code: C018
  • 4-Digit Zip Code: 3132
  • Zip Code: 41071

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $627

    Appraisal Valuation

  • Standard Deviation: 0.1234
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 75
  • Final Value: 156,945
  • High Value: 176,315
  • Low Value: 137,574

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $75,000
  • First Open Lien Mortgage Lender: REPUBLIC BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Nov 18, 2020
  • First Open Lien Mortgage Loan Amount: $75,000
  • 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: Dec 01, 2035

    Market Valuation

  • Market Total Value: $158,660
  • Market Land Value: $11,800
  • Market Improvement Value: $146,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $158,660
  • Assessed Land Value: $11,800
  • Assessed Improvements Value: $146,860

    Sales

  • Current Sale Contract Date: Nov 15, 2016
  • Current Sale Recording Date: Nov 17, 2016
  • Current Sale Transaction ID: 1870792083
  • Current Sale Price: $120,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 5047923
  • Previous Sale Recording Date: Aug 31, 2016
  • Previous Sale Contract Date: Feb 17, 2016
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Commissioner's Deed - North Carolina in probate-related transfers. In Hawaii foreclosure-related transfers.

    Last Sale Mortgage

  • First Mortgage Lender: NATIONS RELIABLE LENDING LLC
  • First Mortgage Transaction Date: Nov 17, 2016
  • First Mortgage Loan Amount: $96,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2036

About Southgate



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Frequently Asked Questions

What neighborhood is 254 Ridgeway Avenue located in?
The 254 Ridgeway Avenue is a located in the neighborhood of Campbell in Southgate, Newport.
What is the average sales price for listings in 254 Ridgeway Avenue?
The average sales price for units in 254 Ridgeway Avenue is $0 currently.

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