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7401 Southside Avenue

7401 Southside Avenue, Cincinnati, OH 45243
Property in Madeira Heights
Sold Apr 16, 2012
$388,400
$244,000 by North American Savings Bank Fs
Mortgage Due Aug 01, 2050
Sold Oct 14, 2011
$104,500
7401 Southside Avenue 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 2012 and is 12 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7401 Southside Avenue has 3,392 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 1,506 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,736 ft and across the front of the lot is 560 ft. The area measurement of the land has been determined as 9,714 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 attached garage for those who require parking. The garage measured 470 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as good. 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 B 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. There is a single fireplace in the home. Perfect for those wintery 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, 7401 Southside Avenue sold most recently in Mar 30, 2012 for a total of $388,400. If you work out the math, that's approximately a cost of $91.00 per sqft. Before that, the property was also sold for $104,500 in Sep 22, 2011. 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 $13,911 in taxes each year. 7401 Southside Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $231,539. If we break it down further, the land itself was valued at $45,619. Improvements to the property, however, were assessed at a total of $185,920. 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 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.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: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,506
  • Garage Type: Attached
  • Garage Square Area: 470
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,714
  • Lot Size Depth Feet: 1,736
  • Lot Size Frontage Feet: 560
  • Total Building Area: 4,268
  • Gross Building Area: 4,268
  • Building Area: 3,392
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 3,392
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MADEIRA HGTS SUB
  • Land Acres: 0.223
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: SOUTHSIDE 56 X 173.64 LOT 92 MADEIRA HGTS SUB

Ownership

  • Current Owner : POSADAS DAVID R
  • Current Owner 2: SOLTIS LAURA
  • Previous Owner : BUCKHEAD HOMES INC
  • Owner Before Previous Owner: FIRST SAFETY BANK
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Madeira City School District
  • School Tax School District: MADEIRA CSD
  • Census Tract: 024100

Geography

  • Parcel: 525-0003-0246-00
  • Lot: 92
  • Municipality: MADEIRA
  • Latitude: 39.1877
  • Longitude: -84.3668

    Address

  • Full Address: 7401 Southside Ave
  • Address - House Number: 7401
  • Address - Street Name: Southside
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Cincinnati
  • Carrier Code: C041
  • 4-Digit Zip Code: 2514
  • Zip Code: 45243

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,911
  • Tax Rate Code Area: 092

    Appraisal Valuation

  • Standard Deviation: 0.2457
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 65
  • Final Value: 665,221
  • High Value: 828,725
  • Low Value: 501,717

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $244,000
  • First Open Lien Mortgage Lender: NORTH AMERICAN SAVINGS BANK FS
  • First Open Lien Mortgage Recording Date: Sep 22, 2020
  • First Open Lien Mortgage Loan Amount: $244,000
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $661,540
  • Market Land Value: $130,340
  • Market Improvement Value: $531,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $231,539
  • Assessed Land Value: $45,619
  • Assessed Improvements Value: $185,920

    Sales

  • Current Sale Contract Date: Mar 30, 2012
  • Current Sale Recording Date: Apr 16, 2012
  • Current Sale Transaction ID: 1076112963
  • Current Sale Price: $388,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 12-047378
  • Previous Sale Recording Date: Oct 14, 2011
  • Previous Sale Contract Date: Sep 22, 2011
  • Previous Sale Amount: $104,500
  • Previous Sale Document Type: Limited Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Apr 16, 2012
  • First Mortgage Loan Amount: $310,692
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2042

About Madeira



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Frequently Asked Questions

What neighborhood is 7401 Southside Avenue located in?
The 7401 Southside Avenue is a located in the neighborhood of Madeira Heights in Madeira, Cincinnati.
What is the average sales price for listings in 7401 Southside Avenue?
The average sales price for units in 7401 Southside Avenue is $0 currently.

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