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561 Flatt Terrace

561 Flatt Terrace, Cincinnati, OH 45232
Property in Winton Place
Sold Jan 05, 2000
$48,500
$90,000 by Keybank National Association
Mortgage Due Feb 08, 2053
561 Flatt Terrace 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 1925 and is 99 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 561 Flatt Terrace has 514 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 1,120 ft and across the front of the lot is 350 ft. The area measurement of the land has been determined as 4,182 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. Residents will have the luxury of enjoying both a unknown and 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 frame 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 alum/vinyl siding. 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. 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, 561 Flatt Terrace sold most recently in Dec 17, 1999 for a total of $48,500. If you work out the math, that's approximately a cost of $35.79 per sqft. 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 $1,441 in taxes each year. 561 Flatt Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $23,457. If we break it down further, the land itself was valued at $5,110. Improvements to the property, however, were assessed at a total of $18,347. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 594
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,182
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 350
  • Total Building Area: 1,355
  • Gross Building Area: 1,355
  • Building Area: 514
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 514
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PETERS EST SUB
  • Land Acres: 0.096
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: 561 FLATT TER 35 X 112 PT LOT 1 D PETERS EST SUBPARS 73-74 CONS

Ownership

  • Current Owner : FLYNN LOREEN E
  • Previous Owner : YOUNG CAROLINE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cincinnati City School District
  • School Tax School District: CINCINNATI CSD
  • Census Tract: 007300

Zoning

  • Zoning: SF2

Geography

  • Parcel: 220-0057-0073-00
  • Lot: 1
  • Municipality: CINCINNATI CITY
  • Latitude: 39.173
  • Longitude: -84.5139

    Address

  • Full Address: 561 Flatt Ter
  • Address - House Number: 561
  • Address - Street Name: Flatt
  • Address - Suffix Type: Ter
  • State: OH
  • City Name: Cincinnati
  • Carrier Code: C023
  • 4-Digit Zip Code: 1707
  • Zip Code: 45232

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,441
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1976
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 110,522
  • High Value: 132,362
  • Low Value: 88,681

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $90,000
  • First Open Lien Mortgage Lender: KEYBANK NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: Feb 15, 2023
  • First Open Lien Mortgage Loan Amount: $90,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Feb 08, 2053

    Market Valuation

  • Market Total Value: $67,020
  • Market Land Value: $14,600
  • Market Improvement Value: $52,420

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,457
  • Assessed Land Value: $5,110
  • Assessed Improvements Value: $18,347

    Sales

  • Current Sale Contract Date: Dec 17, 1999
  • Current Sale Recording Date: Jan 05, 2000
  • Current Sale Transaction ID: 1074708581
  • Current Sale Price: $48,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 00-001989

    Last Sale Mortgage

  • First Mortgage Lender: KEYBANK NATIONAL ASSN
  • First Mortgage Transaction Date: Jan 05, 2000
  • First Mortgage Loan Amount: $48,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jan 01, 2030

About Winton Place



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Frequently Asked Questions

What neighborhood is 561 Flatt Terrace located in?
The 561 Flatt Terrace is a located in the neighborhood of Winton Place in Winton Place, Cincinnati.
What is the average sales price for listings in 561 Flatt Terrace?
The average sales price for units in 561 Flatt Terrace is $0 currently.

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