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502 Old State Route 74

502 Old State Route 74, Cincinnati, OH 45244
Property in Mount Carmel
1 Units For Sale
Unit for sale at 502 Old State Route 74, Union Twp, OH 45244

$235,000 ↓ $25K

  • Commercial
  • 5,222 ft²
502 Old State Route 74, Union Twp, OH 45244 Listing by Gina Dubell-smith

Local assessors in Cincinnati, OH have categorized 502 Old State Route 74 as a commercial type of property. The home was built in 1924 and is 100 years old. It was most recently renovated and altered in 1993. The property's lot size has been calculated to be 19,166 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler 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, 5 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 502 Old State Route 74 has a total of 3,441 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. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - D+. Lots of alum/vinyl siding 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 a gas heating system is the primary heating source and it is being fueled with gas. 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, 502 Old State Route 74 was last sold in Jan 28, 2003 for $156,000. According to our calculations, that's $45.34 per sqft. Prior to that sales transaction, the property was sold for $46,000 in Dec 1, 1985. Current property owners are expected to pay $6,280 in taxes per year. The property on 502 Old State Route 74 was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $63,140. To break that down further, the land itself was valued at $24,640. While improvements to the property were assessed at a total of $38,500. 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. 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!

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1993
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: D+
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,781
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,166
  • Total Building Area: 3,441
  • Gross Building Area: 3,441
  • Building Area: 3,441
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Gas
  • Heated Square Feet: 3,441
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Land Acres: 0.44
  • Standard Land Use Code: Retail stores (personal services, photography, travel)

Ownership

  • Current Owner : GILMOUR LENORA T
  • Previous Owner : GLUTZ ROBERT A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: West Clermont Local School District
  • Census Tract: 041403

Geography

  • Parcel: 41-32-13A-056
  • Municipality: UNION TWP
  • Latitude: 39.1066
  • Longitude: -84.3029

    Address

  • Full Address: 502 Old State Route 74
  • Address - House Number: 502
  • Address - Street Name: Old State Route 74
  • State: OH
  • City Name: Cincinnati
  • Carrier Code: C068
  • 4-Digit Zip Code: 4204
  • Zip Code: 45244

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,280
  • Tax Rate Code Area: 41

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $113,977
  • First Open Lien Mortgage Lender: MT CARMEL INVESTMENTS LLC
  • First Open Lien Mortgage Recording Date: Feb 14, 2013
  • First Open Lien Mortgage Loan Amount: $113,977
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2033

    Market Valuation

  • Market Total Value: $180,400
  • Market Land Value: $70,400
  • Market Improvement Value: $110,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $63,140
  • Assessed Land Value: $24,640
  • Assessed Improvements Value: $38,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 28, 2003
  • Current Sale Recording Date: Jan 28, 2003
  • Current Sale Transaction ID: 11445273611
  • Current Sale Price: $156,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Dec 01, 1985
  • Previous Sale Contract Date: Dec 01, 1985
  • Previous Sale Amount: $46,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SELLER
  • First Mortgage Transaction Date: Jan 28, 2003
  • First Mortgage Loan Amount: $128,580
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jan 28, 2033

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Mount Carmel



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Frequently Asked Questions

What neighborhood is 502 Old State Route 74 located in?
The 502 Old State Route 74 is a located in the neighborhood of Mount Carmel in Mount Carmel, Cincinnati.
How many listings are currently for sale in 502 Old State Route 74?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 502 Old State Route 74?
The average sales price for units in 502 Old State Route 74 is $235,000 , or $45/sqft. currently.

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