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502 Laramie Trail

502 Laramie Trail, Cincinnati, OH 45215
Property in Cheyenne Hills
Sold Mar 11, 2021
$380,000
$230,000 by Union Savings Bank
Mortgage Due Mar 01, 2051
Sold Dec 30, 1991
$142,500
502 Laramie Trail 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 1965 and is 59 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 502 Laramie Trail has 2,649 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 2,000 ft and across the front of the lot is 850 ft. The area measurement of the land has been determined as 16,335 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. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 400 sqft. Residents will have the luxury of enjoying 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 brick 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 roof of the building is made of asphalt. The exterior walls of the building are made of brick. 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. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Feb 25, 2021 for $380,000. That's $102.29 per sqft. Prior to that sales transaction, the property was also sold in Dec 30, 1991 for $142,500. 502 Laramie Trail was last assessed in 2023. The total value of the property was assessed at $133,000. Specifically, the land the property is located on was valued at $41,818. While improvements on the property were assessed at a total of $91,182. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $7,287. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,066
  • Garage Type: Carport
  • Garage Square Area: 400
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,335
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 850
  • Total Building Area: 3,715
  • Gross Building Area: 3,715
  • Building Area: 2,649
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 2,649
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHEYENNE HILLS
  • Land Acres: 0.375
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: LARAMIE TRAIL 84.962 X 200 LOT 18 CHEYENNE HILLSBLK B

Ownership

  • Current Owner : KAHN PHILIP M
  • Current Owner 2: MCADAMS SARAH E
  • Previous Owner : DRAEGER JULIA
  • Previous Owner 2: THE DRAEGER KEYSTONE PRESERVAT
  • Owner Before Previous Owner: BERMAN NANCY C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Wyoming City School District
  • School Tax School District: WYOMING CSD
  • Census Tract: 022601

Geography

  • Parcel: 592-0003-0242-00
  • Block: B
  • Lot: 18
  • Municipality: WYOMING
  • Latitude: 39.2345
  • Longitude: -84.4864

    Address

  • Full Address: 502 Laramie Trl
  • Address - House Number: 502
  • Address - Street Name: Laramie
  • Address - Suffix Type: Trl
  • State: OH
  • City Name: Cincinnati
  • Carrier Code: C082
  • 4-Digit Zip Code: 2504
  • Zip Code: 45215

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,287
  • Tax Rate Code Area: 241

    Appraisal Valuation

  • Standard Deviation: 0.2328
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 67
  • Final Value: 475,870
  • High Value: 586,654
  • Low Value: 365,085

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $230,000
  • First Open Lien Mortgage Lender: UNION SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Mar 11, 2021
  • First Open Lien Mortgage Loan Amount: $230,000
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $380,000
  • Market Land Value: $119,480
  • Market Improvement Value: $260,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $133,000
  • Assessed Land Value: $41,818
  • Assessed Improvements Value: $91,182

    Sales

  • Current Sale Contract Date: Feb 25, 2021
  • Current Sale Recording Date: Mar 11, 2021
  • Current Sale Transaction ID: 11831077359
  • Current Sale Price: $380,000
  • Current Sale Document Type: Fiduciary Deed
  • Current Sale Input Document Number: 2021-0031119
  • Previous Sale Recording Date: Dec 30, 1991
  • Previous Sale Contract Date: Dec 30, 1991
  • Previous Sale Amount: $142,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNION SAVINGS BANK
  • First Mortgage Transaction Date: Mar 11, 2021
  • First Mortgage Loan Amount: $230,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

About Wyoming



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Frequently Asked Questions

What neighborhood is 502 Laramie Trail located in?
The 502 Laramie Trail is a located in the neighborhood of Cheyenne Hills in Wyoming, Cincinnati.
What is the average sales price for listings in 502 Laramie Trail?
The average sales price for units in 502 Laramie Trail is $0 currently.

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