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721 McCormick Lane

721 McCormick Lane, Cincinnati, OH 45245
Property in Union
Sold Oct 02, 2018
$120,000
$84,000 by Park Natl Bank Of Sw Ohio & N
Mortgage Due Oct 01, 2048
Sold Feb 23, 2009
$97,900
Seller
$96,126 by Huff Realtymortgage
Mortgage Due Feb 01, 2039
721 McCormick Lane in Cincinnati, OH was first built in 1963 and is 61 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 bi-level style. It is a single story home. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 721 McCormick Lane has 890 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 832 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 15,377 square feet.

Learn more about the property and building on this page. There is a patio. 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. For those who need parking, there is a garage. The garage is 480 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 frame 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 wood. 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 and being fueled with gas. 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, 721 McCormick Lane sold most recently in Sep 27, 2018 for a total of $120,000. If you work out the math, that's approximately a cost of $134.83 per sqft. Before that, the property was also sold for $97,900 in Jan 16, 2009. 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 $5,458 in taxes each year. 721 McCormick Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $41,340. If we break it down further, the land itself was valued at $8,400. Improvements to the property, however, were assessed at a total of $32,940. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1963
  • Effective Year Built: 1963
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 832
  • Garage Type: Garage
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 15,377
  • Total Building Area: 890
  • Building Area: 890
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 890
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WITHAM WOODS
  • Land Acres: 0.353
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: WITHAM WOODS SEC 1; LOT 47

Ownership

  • Current Owner : GRAY JOHN F
  • Current Owner 2: GRAY PHYLLIS CAROL ANN
  • Previous Owner : RICE LORI L
  • Previous Owner 2: RICE LARRY
  • Owner Before Previous Owner: SMITH KAREN

Neighborhood

  • School District Name: West Clermont Local School District
  • Census Tract: 041201

Geography

  • Parcel: 41-48-05A-047
  • Lot: 47
  • Municipality: UNION TWP
  • Latitude: 39.0618
  • Longitude: -84.2887

    Address

  • Full Address: 721 Mccormick Ln
  • Address - House Number: 721
  • Address - Street Name: Mccormick
  • Address - Suffix Type: Ln
  • State: OH
  • City Name: Cincinnati
  • Carrier Code: C006
  • 4-Digit Zip Code: 2432
  • Zip Code: 45245

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,458
  • Tax Rate Code Area: 41

    Appraisal Valuation

  • Standard Deviation: 0.241
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 66
  • Final Value: 197,127
  • High Value: 244,644
  • Low Value: 149,610

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $84,000
  • First Open Lien Mortgage Lender: PARK NATL BANK OF SW OHIO & N
  • First Open Lien Mortgage Recording Date: Oct 02, 2018
  • First Open Lien Mortgage Loan Amount: $84,000
  • 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: Oct 01, 2048

    Market Valuation

  • Market Total Value: $118,100
  • Market Land Value: $24,000
  • Market Improvement Value: $94,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $41,340
  • Assessed Land Value: $8,400
  • Assessed Improvements Value: $32,940

    Sales

  • Current Sale Contract Date: Sep 27, 2018
  • Current Sale Recording Date: Oct 02, 2018
  • Current Sale Transaction ID: 11510950834
  • Current Sale Price: $120,000
  • Current Sale Document Type: Survivorship Deed
  • Current Sale Input Document Number: 201800022275
  • Previous Sale Recording Date: Feb 23, 2009
  • Previous Sale Contract Date: Jan 16, 2009
  • Previous Sale Amount: $97,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARK NATL BANK OF SW OHIO & N
  • First Mortgage Transaction Date: Oct 02, 2018
  • First Mortgage Loan Amount: $84,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: HUFF REALTYMORTGAGE
  • Previous Mortgage Transaction Date: Feb 23, 2009
  • Previous Mortgage Loan Amount: $96,126
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Feb 01, 2039

About Withamsville



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 721 McCormick Lane located in?
The 721 McCormick Lane is a located in the neighborhood of Union in Withamsville, Cincinnati.
What is the average sales price for listings in 721 McCormick Lane?
The average sales price for units in 721 McCormick Lane is $0 currently.

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