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6921 Palmetto Street

6921 Palmetto Street, Cincinnati, OH 45227
Property in Madison Place
Sold Sep 28, 2015
$138,500
$110,800 by Union Savings Bank
Mortgage Due Oct 01, 2030
Sold Dec 01, 2014
$48,369
6921 Palmetto Street 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 1936 and is 88 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 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, 6921 Palmetto Street has 1,036 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 1,250 ft and across the front of the lot is 350 ft. The area measurement of the land has been determined as 4,095 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 garage underground or in the basement for those who require parking. According to our sources, there is one available parking space. 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 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. 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, 6921 Palmetto Street sold most recently in Sep 14, 2015 for a total of $138,500. If you work out the math, that's approximately a cost of $53.91 per sqft. Before that, the property was also sold for $48,369 in Oct 28, 2014. 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 $3,526 in taxes each year. 6921 Palmetto Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $57,719. If we break it down further, the land itself was valued at $11,284. Improvements to the property, however, were assessed at a total of $46,435. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1936
  • Effective Year Built: 1936
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 1,036
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,095
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 350
  • Total Building Area: 2,569
  • Gross Building Area: 2,569
  • Building Area: 1,036
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 1,036
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MADISON PL SUB
  • Land Acres: 0.094
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: PALMETTO AVE 35 X 125 LOT 392 MADISON PL SUB

Ownership

  • Current Owner : RICHARDSON FRANCINE A
  • Previous Owner : MG PROPERTY INVESTMENTS LLC
  • Owner Before Previous Owner: DEUTSCHE BANK NATIONAL TRUST COMPANY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cincinnati City School District
  • School Tax School District: CINCINNATI CSD
  • Census Tract: 005600

Zoning

  • Zoning: SF2

Geography

  • Parcel: 037-0005-0227-00
  • Lot: 392
  • Municipality: CINCINNATI CITY
  • Latitude: 39.151
  • Longitude: -84.3764

    Address

  • Full Address: 6921 Palmetto St
  • Address - House Number: 6921
  • Address - Street Name: Palmetto
  • Address - Suffix Type: St
  • State: OH
  • City Name: Cincinnati
  • Carrier Code: C016
  • 4-Digit Zip Code: 3223
  • Zip Code: 45227

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,526
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 64
  • Final Value: 272,216
  • High Value: 339,932
  • Low Value: 204,500

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $110,800
  • First Open Lien Mortgage Lender: UNION SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Sep 28, 2015
  • First Open Lien Mortgage Loan Amount: $110,800
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2030

    Market Valuation

  • Market Total Value: $164,910
  • Market Land Value: $32,240
  • Market Improvement Value: $132,670

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,719
  • Assessed Land Value: $11,284
  • Assessed Improvements Value: $46,435

    Sales

  • Current Sale Contract Date: Sep 14, 2015
  • Current Sale Recording Date: Sep 28, 2015
  • Current Sale Transaction ID: 1359386515
  • Current Sale Price: $138,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 15-103684
  • Previous Sale Recording Date: Dec 01, 2014
  • Previous Sale Contract Date: Oct 28, 2014
  • Previous Sale Amount: $48,369
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNION SAVINGS BANK
  • First Mortgage Transaction Date: Sep 28, 2015
  • First Mortgage Loan Amount: $110,800
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2030

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Frequently Asked Questions

What neighborhood is 6921 Palmetto Street located in?
The 6921 Palmetto Street is a located in the neighborhood of Madison Place in Madisonville, Cincinnati.
What is the average sales price for listings in 6921 Palmetto Street?
The average sales price for units in 6921 Palmetto Street is $0 currently.

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