NOT LISTED FOR SALE

Estimated Value: $1,567,000 - $2,153,447

0.39 Acre
$4,945,800 Price per Acre
16,988 Sq Ft Lot

Last Sold July 22, 2016

Last sale price $355,000

Est. 443% increase in value since last sale

Current estimated payment $12,280/month

29 Days on Market

About This Lot

As of July 2016

Waterfront property with stunning views on Geist. Fantastic opportunity to build your dream home on a deep cove in Springs of Cambridge. This is a newer development which includes the 2014 Dream Home. Watch sunsets from your custom home. Wonderful property and a great value!

Last Agent to Sell the Property

Nick McNeely

F.C. Tucker Company License #RB14047448 Listed on: 06/06/2016

F.C. Tucker Company

Last Buyer's Agent

Nick McNeely

F.C. Tucker Company License #RB14047448 Listed on: 06/06/2016

F.C. Tucker Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $600

Lot Details

  • 0.39 Acre Lot

Community Details

  • Association fees include insurance snow removal
  • Springs Of Cambridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 291511018011000020

Property Details

Property Type

Land

Est. Annual Taxes

$600

Lot Details

0

Listing Details

  • Type: Single Lot
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2015
  • Lot Size Acres: 0.39
  • Road Frontage Type: Private Road
  • Road Surface Type: Asphalt
  • Subdivision Name: SPRINGS OF CAMBRIDGE
  • Property Description: Waterfront property with stunning views on Geist. Fantastic opportunity to build your dream home on a deep cove in Springs of Cambridge. This is a newer development which includes the 2014 Dream Home. Watch sunsets from your custom home. Wonderful property and a great value!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0

Exterior Features

  • Disclosures: Not Applicable
  • List Price: 372500
  • Other Structures: No Building
  • Topography: NotApplic
  • Road Access: CityStreet
  • Water: Municipal Water on Site

Utilities

  • Sewer: Municipal Sewer On Site
  • Solid Waste: 1

Condo/Co-op/Association

  • Association Fee Frequency: Semi-Annually

Fee Information

  • Association Fee Includes: Insurance,Snow Removal
  • Mandatory Fee: 368

Lot Info

  • Development Status: Finished Lot(s),Surveyed
  • Number Of Lots: 1
  • Parcel Number: 291511018011000020
  • Zoning: D-P
  • Acres: 1/4-1/2 Acre
  • Lot Number: 0
  • Lot Size: .39
  • Improvements: CurbsGuters,StormSewer,PavedStr
  • Land Characteristics: Irregular Lot,Lake Front,Reservoir,Platted Subdivision,Water Acces,Water View
  • Potential Zoning: Single Family
  • Present Zoning: Single Family
  • Price Acre: 955128
  • Soil Type: Clay

Tax Info

  • Tax Annual Amount: 600
  • Semi Annual Property Tax Amt: 300
  • Tax Exemption: None
  • Tax Info N A Prop Split: 0

MLS Schools

  • School District: Hamilton Southeastern

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2016
Sold by
The Department Of Public Utilities For T
Bought by
Massengale Rodney
Current Estimated Value
$1,928,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 6, 2016
Closed on
Jul 21, 2016
Sold by
Mcdermott Brian L and Mcdermott Dorothy D
Bought by
Massengale Rodney
Seller's Agent
Nick McNeely
F.C. Tucker Company
Buyer's Agent
Nick McNeely
F.C. Tucker Company
List Price
$372,500
Sold Price
$355,000
Premium/Discount to List
-$17,500
-4.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.21%

Purchase Details

Closed on
Jul 30, 2015
Sold by
The Marina I Lp
Bought by
Mcdermott Brian L and Mcdermott Dorothy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,500
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Massengale Rodney -- None Available
Massengale Rodney -- None Available
Mcdermott Brian L -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Massengale Rodney L $500,000
Closed Massengale Rodney $193,000
Previous Owner Mcdermott Brian L $310,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2016 07/22/16 Sold $355,000 -4.7% --
07/06/2016 07/06/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $372,500 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $19,526 $1,641,500 $495,000 $1,146,500
2023 $19,526 $1,616,200 $455,900 $1,160,300
2022 $18,582 $1,483,500 $377,800 $1,105,700
2021 $15,239 $1,207,500 $329,200 $878,300
2020 $15,417 $1,216,200 $329,200 $887,000
2019 $14,670 $1,151,800 $278,200 $873,600
2018 $26,208 $1,137,300 $278,200 $859,100
2017 $6,339 $278,200 $278,200 $0
2016 $64 $600 $600 $0
2014 $13 $600 $600 $0
2013 $13 $600 $600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21422243

MIBOR Broker Listing Cooperative®

APN: 29-15-11-018-011.000-020