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501 Roney Lane

501 Roney Lane, Cincinnati, OH 45244
House in Summerside
Sold Aug 04, 2020
$190,000
$184,300 by Summit Funding Inc
Mortgage Due Aug 01, 2050
Sold Dec 09, 2019
$99,200
501 Roney Lane in Cincinnati, OH was first built in 1946 and is 78 years old. Although, the building on the property was most recently renovated and altered in 1990. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Cape Cod style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 501 Roney Lane has 1,345 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 22,651 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 308 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B-. The condition of the building has been evaluated as average. The exterior walls of the home are made of a combination of material. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 501 Roney Lane sold most recently in Jul 29, 2020 for a total of $190,000. If you work out the math, that's approximately a cost of $141.26 per sqft. Before that, the property was also sold for $99,200 in Oct 31, 2019. 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 $6,228 in taxes each year. 501 Roney Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $47,390. If we break it down further, the land itself was valued at $12,390. Improvements to the property, however, were assessed at a total of $35,000. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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!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.

Building Features

Exterior

Brick Exterior

Driveway

Driveway

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1990
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: B-
  • Construction Type: Masonry
  • Building Style: Cape Cod
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 308
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 22,651
  • Total Building Area: 1,345
  • Building Area: 1,345
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,345
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MILITARY SURVEY #115
  • Land Acres: 0.52
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general

Ownership

  • Current Owner : KIRKER DONALD
  • Current Owner 2: COLLINS KARMA
  • Previous Owner : ZEM PROPERTIES LLC
  • Owner Before Previous Owner: HESS PENNY E
  • Owner Before Previous Owner 2: HESS THOMAS A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: West Clermont Local School District
  • Census Tract: 041405

Geography

  • Parcel: 41-32-13A-150
  • Municipality: UNION TWP
  • Latitude: 39.1098
  • Longitude: -84.3012

    Address

  • Full Address: 501 Roney Ln
  • Address - House Number: 501
  • Address - Street Name: Roney
  • Address - Suffix Type: Ln
  • State: OH
  • City Name: Cincinnati
  • Carrier Code: C059
  • 4-Digit Zip Code: 1916
  • Zip Code: 45244

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,228
  • Tax Rate Code Area: 41

    Appraisal Valuation

  • Standard Deviation: 0.2127
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 71
  • Final Value: 230,068
  • High Value: 279,023
  • Low Value: 181,114

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $184,300
  • First Open Lien Mortgage Lender: SUMMIT FUNDING INC
  • First Open Lien Mortgage Recording Date: Aug 04, 2020
  • First Open Lien Mortgage Loan Amount: $184,300
  • 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, 2050

    Market Valuation

  • Market Total Value: $135,400
  • Market Land Value: $35,400
  • Market Improvement Value: $100,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $47,390
  • Assessed Land Value: $12,390
  • Assessed Improvements Value: $35,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 29, 2020
  • Current Sale Recording Date: Aug 04, 2020
  • Current Sale Transaction ID: 11776697039
  • Current Sale Price: $190,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202000019998
  • Previous Sale Recording Date: Dec 09, 2019
  • Previous Sale Contract Date: Oct 31, 2019
  • Previous Sale Amount: $99,200
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT FUNDING INC
  • First Mortgage Transaction Date: Aug 04, 2020
  • First Mortgage Loan Amount: $184,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

About Summerside



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 501 Roney Lane located in?
The 501 Roney Lane is a house located in the neighborhood of Summerside in Summerside, Cincinnati.
What is the average sales price for listings in 501 Roney Lane?
The average sales price for units in 501 Roney Lane is $189,500 , or $141/sqft. currently.

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