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7050 Michael Drive

7050 Michael Drive, Cincinnati, OH 45243
Property in Kenwood Meadows
Sold Jun 22, 1994
$121,000
$114,950 by Groves Financial Group Inc
Mortgage Due Jul 01, 2024
Sold Jun 22, 1994
$121,000
7050 Michael Drive in Cincinnati, OH was first built in 1955 and is 69 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 7050 Michael Drive has 1,430 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 linear feet across the front of the lot is 840 ft and the linear feet between the front and back of the lot is 1,430. In total, the area measurement of the land is 12,720 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of asphalt. For those who need parking, there is a attached garage. The garage is 420 sqft. 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 masonry control joints. 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 masonry. 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 baseboard heaters and being fueled with oil. 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. 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, 7050 Michael Drive sold most recently in Jun 13, 1994 for a total of $121,000. If you work out the math, that's approximately a cost of $36.89 per sqft. Before that, the property was also sold for $121,000 in Jun 9, 1994. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $4,306 in taxes each year. 7050 Michael Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $109,466. If we break it down further, the land itself was valued at $30,870. Improvements to the property, however, were assessed at a total of $78,596. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Conventional
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,430
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,720
  • Lot Size Depth Feet: 1,430
  • Lot Size Frontage Feet: 840
  • Total Building Area: 3,280
  • Gross Building Area: 3,280
  • Building Area: 1,430
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 1,430
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KENWOOD MEADOWS SUB
  • Land Acres: 0.292
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: 7050 TIKI AVE 84 X 143 IRR LOT 21 KENWOOD MEADOWS SUB PARS 38-153

Ownership

  • Current Owner : POON STANLEY S
  • Current Owner 2: POON GINA L
  • Previous Owner : MELLOAN MARIAN E
  • Owner Before Previous Owner: DUHME RALPH D
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Indian Hill Exempted Village School District
  • School Tax School District: INDIAN HILL EVS
  • Census Tract: 024002

Zoning

  • Zoning: B

Geography

  • Parcel: 600-0080-0038-00
  • Lot: 21
  • Municipality: SYCAMORE
  • Latitude: 39.1938
  • Longitude: -84.3719

    Address

  • Full Address: 7050 Michael Dr
  • Address - House Number: 7050
  • Address - Street Name: Michael
  • Address - Suffix Type: Dr
  • State: OH
  • City Name: Cincinnati
  • Carrier Code: C053
  • 4-Digit Zip Code: 2047
  • Zip Code: 45243

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,306
  • Tax Rate Code Area: 064

    Appraisal Valuation

  • Standard Deviation: 0.2457
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 65
  • Final Value: 384,103
  • High Value: 478,511
  • Low Value: 289,695

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $114,950
  • First Open Lien Mortgage Lender: GROVES FINANCIAL GROUP INC
  • First Open Lien Mortgage Recording Date: Jun 22, 1994
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $114,950
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2024

    Market Valuation

  • Market Total Value: $312,760
  • Market Land Value: $88,200
  • Market Improvement Value: $224,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $109,466
  • Assessed Land Value: $30,870
  • Assessed Improvements Value: $78,596

    Sales

  • Current Sale Contract Date: Jun 13, 1994
  • Current Sale Recording Date: Jun 22, 1994
  • Current Sale Transaction ID: 1117371235
  • Current Sale Price: $121,000
  • Current Sale Document Type: Executor's Deed
  • Current Sale Input Document Number: 94112479
  • Previous Sale Recording Date: Jun 22, 1994
  • Previous Sale Contract Date: Jun 09, 1994
  • Previous Sale Amount: $121,000
  • Previous Sale Document Type: Executor's Deed

    Last Sale Mortgage

  • First Mortgage Lender: GROVES FINANCIAL GROUP INC
  • First Mortgage Transaction Date: Jun 22, 1994
  • First Mortgage Loan Amount: $114,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jul 01, 2024

    Financing

  • First Mortgage Financing Type: Variable

About Kenwood



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Frequently Asked Questions

What neighborhood is 7050 Michael Drive located in?
The 7050 Michael Drive is a located in the neighborhood of Kenwood Meadows in Kenwood, Cincinnati.
What is the average sales price for listings in 7050 Michael Drive?
The average sales price for units in 7050 Michael Drive is $0 currently.

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