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506 Ripple Creek Drive

506 Ripple Creek Drive, Erlanger, KY 41018
Property in Kenton
Sold Nov 13, 2020
$177,000
$167,490 by Bayshore Mortgage Funding Llc
Mortgage Due Dec 01, 2050
Sold Jul 15, 2008
$133,500
$132,453 by Security Atlantic Mortgage Com
Mortgage Due Jul 01, 2038
506 Ripple Creek Drive in Erlanger, KY was first built in 1994 and is 30 years old. This has been categorized as a residential property type. There are a total of 3 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 506 Ripple Creek Drive has 1,140 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 6,098 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. 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 brick control joints. The condition of the building has been evaluated as good. 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. 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. The property was last sold in Nov 4, 2020 for $177,000. That's $155.26 per sqft. Prior to that sales transaction, the property was also sold in Jun 4, 2008 for $133,500. 506 Ripple Creek Drive was last assessed in 2023. The total value of the property was assessed at $213,400. Specifically, the land the property is located on was valued at $25,000. While improvements on the property were assessed at a total of $188,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,199. The initial tax year of delinquency was in 2021. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 1994
  • Effective Year Built: 1994
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 3
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 1,140
  • Building Area: 1,140
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,140
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RIPPLE CREEK
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RIPPLE CREEK SEC 2 LOT 34

Ownership

  • Current Owner : GROUT RAE LYNN
  • Previous Owner : JONES JOANNE
  • Previous Owner 2: WALL DAVID C
  • Owner Before Previous Owner: RICHARDS MICHAEL L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Erlanger-Elsmere Independent School District
  • School Tax School District: 03-ERLANGER SD
  • School Tax District Code 2: ELSMERE
  • School Tax District Code 3: ELSMERE
  • Census Tract: 065600

Geography

  • District: 67
  • Section: 2
  • Subdivision Phase Number: 2
  • Parcel: 016-20-00-001.21
  • Lot: 34
  • Municipality: ELSMERE
  • Latitude: 38.998
  • Longitude: -84.5978

    Address

  • Full Address: 506 Ripple Creek Dr
  • Address - House Number: 506
  • Address - Street Name: Ripple Creek
  • Address - Suffix Type: Dr
  • State: KY
  • City Name: Elsmere
  • Carrier Code: C096
  • 4-Digit Zip Code: 2694
  • Zip Code: 41018

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,199
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 4

    Appraisal Valuation

  • Standard Deviation: 0.2653
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 62
  • Final Value: 253,854
  • High Value: 321,225
  • Low Value: 186,483

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $167,490
  • First Open Lien Mortgage Lender: BAYSHORE MORTGAGE FUNDING LLC
  • First Open Lien Mortgage Recording Date: Nov 13, 2020
  • First Open Lien Mortgage Loan Amount: $167,490
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $213,400
  • Market Land Value: $25,000
  • Market Improvement Value: $188,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $213,400
  • Assessed Land Value: $25,000
  • Assessed Improvements Value: $188,400

    Sales

  • Current Sale Contract Date: Nov 04, 2020
  • Current Sale Recording Date: Nov 13, 2020
  • Current Sale Transaction ID: 11807445650
  • Current Sale Price: $177,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20111305900022
  • Previous Sale Recording Date: Jul 15, 2008
  • Previous Sale Contract Date: Jun 04, 2008
  • Previous Sale Amount: $133,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAYSHORE MORTGAGE FUNDING LLC
  • First Mortgage Transaction Date: Nov 13, 2020
  • First Mortgage Loan Amount: $167,490
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: SECURITY ATLANTIC MORTGAGE COM
  • Previous Mortgage Transaction Date: Jul 15, 2008
  • Previous Mortgage Loan Amount: $132,453
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2038

About Elsmere



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Frequently Asked Questions

What neighborhood is 506 Ripple Creek Drive located in?
The 506 Ripple Creek Drive is a located in the neighborhood of Kenton in Elsmere, Erlanger.
What is the average sales price for listings in 506 Ripple Creek Drive?
The average sales price for units in 506 Ripple Creek Drive is $0 currently.

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