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553 Franklin Street

553 Franklin Street, Hamilton, OH 45013
House in Hamilton
Sold Oct 30, 2020
$65,850
Sold Oct 30, 2020
$65,850
553 Franklin Street in Hamilton, OH was first built in 1920 and is 104 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 553 Franklin Street has 1,076 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. The basement is 16 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 400 ft and the linear feet between the front and back of the lot is 500. In total, the area measurement of the land is 1,882 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. 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. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. 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 central heating system and being fueled with gas. The property was last sold in Oct 13, 2020 for $65,850. That's $60.30 per sqft. Prior to that sales transaction, the property was also sold in Oct 13, 2020 for $65,850. 553 Franklin Street was last assessed in 2023. The total value of the property was assessed at $31,690. Specifically, the land the property is located on was valued at $3,810. While improvements on the property were assessed at a total of $27,880. 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 $1,212. 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.

Building Features

Exterior

Vinyl Siding
Wood Siding

Parking

On-Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 16
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,882
  • Lot Size Depth Feet: 500
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,092
  • Gross Building Area: 1,092
  • Building Area: 1,076
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,076
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HAMILTON
  • Land Acres: 0.043
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: 28081 ENT

Ownership

  • Current Owner : SFR3-AIC LLC
  • Previous Owner : KN COHORT LLC
  • Owner Before Previous Owner: KN COHORT LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hamilton City School District
  • School Tax School District: HAMILTON CSD
  • Census Tract: 001100

Geography

  • Assessors Map Reference: U108
  • Parcel: P6412-108-000-113
  • Lot: 3756
  • Municipality: HAMILTON CORP
  • Latitude: 39.4046
  • Longitude: -84.5749

    Address

  • Full Address: 553 Franklin St
  • Address - House Number: 553
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: OH
  • City Name: Hamilton
  • Carrier Code: C008
  • 4-Digit Zip Code: 3214
  • Zip Code: 45013

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,212
  • Tax Rate Code Area: P64

    Appraisal Valuation

  • Standard Deviation: 0.2239
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 69
  • Final Value: 128,331
  • High Value: 157,072
  • Low Value: 99,589

    Market Valuation

  • Market Total Value: $90,550
  • Market Land Value: $10,890
  • Market Improvement Value: $79,660

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,690
  • Assessed Land Value: $3,810
  • Assessed Improvements Value: $27,880

    Sales

  • Current Sale Contract Date: Oct 13, 2020
  • Current Sale Recording Date: Oct 30, 2020
  • Current Sale Transaction ID: 11798546577
  • Current Sale Price: $65,850
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 51268
  • Previous Sale Recording Date: Oct 30, 2020
  • Previous Sale Contract Date: Oct 13, 2020
  • Previous Sale Amount: $65,850
  • Previous Sale Document Type: Warranty Deed

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Frequently Asked Questions

What neighborhood is 553 Franklin Street located in?
The 553 Franklin Street is a house located in the neighborhood of Hamilton in Hamilton, Hamilton.
What is the average sales price for listings in 553 Franklin Street?
The average sales price for units in 553 Franklin Street is $0 currently.

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