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2974 Douglas Terrace

2974 Douglas Terrace, Cincinnati, OH 45212
Property in Pleasant Ridge
Sold Jan 06, 2020
$260,000
$195,000 by Eagle Savings Bank
Mortgage Due Jan 01, 2050
Sold Oct 03, 2014
$183,000
$173,850 by Mb Financial Bank Na
Mortgage Due Oct 01, 2044
Local assessors in Cincinnati, OH have categorized 2974 Douglas Terrace 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 6,098 square feet. The linear feet between the front and back of the lot was measured at 1,162 ft and the front of the lot was measured at 1,680 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 8 rooms in the home. Of these, 4 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 is also a partial bathroom. 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 2974 Douglas Terrace has a total of 1,520 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 1,080 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Do you like to entertain? The home has a unknown 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 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 - B. 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, 2974 Douglas Terrace was last sold in Dec 19, 2019 for $260,000. According to our calculations, that's $97.09 per sqft. Prior to that sales transaction, the property was sold for $183,000 in Oct 1, 2014. Current property owners are expected to pay $6,571 in taxes per year. The property on 2974 Douglas Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $102,950. To break that down further, the land itself was valued at $20,367. While improvements to the property were assessed at a total of $82,583. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Masonry
  • Building Style: Conventional
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,080
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,162
  • Lot Size Frontage Feet: 1,680
  • Total Building Area: 2,678
  • Gross Building Area: 2,678
  • Building Area: 1,520
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 1,520
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: 2974 DOUGLAS TER 52 X 116.17 IRR NE COR LESTER RD & DOUGLAS TER

Ownership

  • Current Owner : HITMAN MASON JEFFREY E
  • Current Owner 2: HITMAN MASON LACY J
  • Previous Owner : STRATTON CHRISTOPHER
  • Previous Owner 2: STRATTON LEAH
  • Owner Before Previous Owner: PAUL TAIT
  • Owner Before Previous Owner 2: PAUL KERIN

Neighborhood

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

Zoning

  • Zoning: SF4

Geography

  • Parcel: 121-0001-0168-00
  • Municipality: CINCINNATI CITY
  • Latitude: 39.1788
  • Longitude: -84.4317

    Address

  • Full Address: 2974 Douglas Ter
  • Address - House Number: 2974
  • Address - Street Name: Douglas
  • Address - Suffix Type: Ter
  • State: OH
  • City Name: Cincinnati
  • Carrier Code: C040
  • 4-Digit Zip Code: 1935
  • Zip Code: 45212

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,571
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2329
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 67
  • Final Value: 361,261
  • High Value: 445,422
  • Low Value: 277,099

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $230,000
  • First Open Lien Mortgage Lender: EAGLE SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Jan 06, 2020
  • First Open Lien Mortgage Loan Amount: $195,000
  • 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: Jan 01, 2050
  • Second Open Lien Mortgage Lender: CINFED FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Nov 21, 2022
  • Second Open Lien Mortgage Loan Amount: $35,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Nov 25, 2042

    Market Valuation

  • Market Total Value: $294,140
  • Market Land Value: $58,190
  • Market Improvement Value: $235,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $102,950
  • Assessed Land Value: $20,367
  • Assessed Improvements Value: $82,583

    Sales

  • Current Sale Contract Date: Dec 19, 2019
  • Current Sale Recording Date: Jan 06, 2020
  • Current Sale Transaction ID: 11730342982
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-0001044
  • Previous Sale Recording Date: Oct 03, 2014
  • Previous Sale Contract Date: Oct 01, 2014
  • Previous Sale Amount: $183,000
  • Previous Sale Document Type: Survivorship Deed

    Last Sale Mortgage

  • First Mortgage Lender: EAGLE SAVINGS BANK
  • First Mortgage Transaction Date: Jan 06, 2020
  • First Mortgage Loan Amount: $195,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MB FINANCIAL BANK NA
  • Previous Mortgage Transaction Date: Oct 03, 2014
  • Previous Mortgage Loan Amount: $173,850
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2044

About Pleasant Ridge



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Frequently Asked Questions

What neighborhood is 2974 Douglas Terrace located in?
The 2974 Douglas Terrace is a located in the neighborhood of Pleasant Ridge in Pleasant Ridge, Cincinnati.
What is the average sales price for listings in 2974 Douglas Terrace?
The average sales price for units in 2974 Douglas Terrace is $0 currently.

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