$982,000
SOLD JUL 7, 2015

2556 Observatory Ave Cincinnati, OH 45208

5 Beds
5.5 Baths
4,414 Sq Ft
0.35 Acres

Recently Sold

$222 Per Sq Ft

102 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • 0.35 Acre Lot
  • Traditional Architecture
  • Walnut Hills High School Rated A+
  • Family Room with Fireplace
  • Wood Flooring

About This Home

As of December 2016

Old World Charm & state-of-the-art amenities! Gleaming hardwd floors, leaded windows, gourmet kitchen w/solid surface counters & SS appl, 2nd & 3rd fl laundries, 5 fireplaces, sun-filled family rm, new wiring & plumbing & zoned HVAC.

Last Agent to Sell the Property

Kathleen Prangley

Coldwell Banker Realty License #0000403296 Listed on: 11/24/2014

Coldwell Banker Realty

Last Buyer's Agent

Victoria Hall

Coldwell Banker Realty, Anders License #0000235733

Coldwell Banker Realty, Anders

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,553

Year Built

  • Built in 1906

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 100x150
  • Aluminum or Metal Fence
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway
  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Tile Roof

Interior Spaces

  • 4,414 Sq Ft Home
  • 3-Story Property
  • Woodwork
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Wood Burning Fireplace
  • Gas Fireplace
  • Double Hung Windows
  • Panel Doors
  • Family Room with Fireplace
  • 5 Fireplaces
  • Formal Dining Room
  • Wood Flooring
  • Home Security System

Kitchen

  • Eat-In Gourmet Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,553

Year Built

Built in 1906

Lot Details

0

Parking

2

Listing Details

  • Suburb: Hyde Park
  • Cross Street: Stettinius
  • Degree Complete: Completed
  • Land Description: Less than .5 Acre
  • Access: City Street
  • Broker Approved: Yes
  • Miscellaneous: Cable,Ceiling Fan,Recessed Lights,Busline Near
  • Basement Sq Ft: 1741
  • Census Tract Realist: 50.00
  • Cooling: Central Air
  • Heating: Gas, Forced Air
  • Lot Area Realist: 15159.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00-05:00
  • Suburb S I C: Hyde Park
  • Price Per Acre: 2821839.08
  • Public Transportn: Near
  • Basement Features: Unfinished,Walkout,Glass Blk Wind
  • Bathroom 4: Full
  • Bathroom 4 Level: 3
  • Level 1 Bathroom Type: Partial
  • Level 1 Bathroom: Yes
  • Bedroom 5 Area: 128
  • Level 1 Bedroom: No
  • Dining Room Feat: Wood Floor,Fireplace
  • Entry Area: 182
  • Entry Foyer: Wood Floor,Transom/Sidelit
  • Family Room Feat: Wood Floor,Fireplace,Bookcases
  • Living Great Rm Area: 210
  • Living Great Rm Dim: 15 x 14
  • Living Great Rm Len: 15
  • Living Great Rm Wid: 14
  • Living Room Feat: Wood Floor
  • Mechanical Systems: Security System
  • Single Family Desc: Single Family
  • Study Lib Den: 11x11 Level: 3
  • Study Lib Den Area: 121
  • Study Lib Den Dim: 11 x 11
  • Study Lib Den Len: 11
  • Year Built: 1906
  • School 1 Type: District Phone
  • Architecture: Traditional
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Bedrooms: 5
  • Directions: Madison, Edwards or Dana to Observatory. House in on the corner of Burch & Observatory.
  • Lot Measurement: Acres
  • Status: Sold
  • Showing Start Date: 2014-11-24
  • Property Subtype 1: Single Family Residence
  • Occupancy: Negotiable
  • Second Floor Area: 1751
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Multi Panel Doors, 9Ft + Ceiling, Crown Molding, Natural Woodwork, French Doors
  • Bedroom 2: 15x14 Level: 2
  • Bedroom 3: 14x14 Level: 2
  • Bedroom 4: 21x9 Level: 3
  • Bedroom 5: 16x8 Level: 3
  • Dining Room: 17x15 Level: 1
  • Family Room: 18x14 Level: 1
  • Living Room: 15x14 Level: 1
  • Formal Dining Room: Yes
  • Flex Rooms: Atrium,Solarium,Screened Porch,Loft
  • Property Type: Residential
  • Reciprocal Listing: No
  • School Name1: Call SD 513-363-0000
  • Semi Annual Taxes: 7776.43
  • Kitchen: 19x15 Level: 1
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Microwave, Dryer, Washer
  • Kitchen Features: Marble/Granite/Slate,Eat-In,Gourmet,Wood Cabinets,Pantry,Island,Walkout,Fireplace
  • Bedroom 2 Area: 210
  • Basement: Full
  • Bedroom 3 Area: 196
  • Study Features: Wood Floor,Bookcases
  • Bedroom 4 Area: 189
  • Entry: 14x13 Level: 1
  • Bathrooms: 6.00
  • Kitchen Area: 285
  • Kitchen Dim: 19 x 15
  • Levels: Three
  • Zero Selling Price: No
  • Bathroom 1: Full
  • Level 1 Bath: 2
  • Bathroom 2: Full
  • Bathroom 2 Level: 2
  • Bathroom 3: Full
  • Bathroom 3 Level: 2
  • Diningroom Area: 255
  • Family Room Area: 252
  • Laundry Room: 3x3 Level: 2
  • Laundry Room Area: 9
  • Laundryroom Dim: 3 x 3
  • Recreation Room Dim: 0 x 0
  • Fireplace: Wood, Gas
  • Fireplaces: 5
  • Available for Lease: No
  • Bldg Sq Ft (Realist): 4414.00
  • Total Rooms: 12
  • Windows: Wood, Double Hung
  • First Floor Family Room: Yes
  • PrimaryBedroomArea: 240
  • PrimaryBedroomDim: 16 x 15
  • PrimaryBedroomLen: 16
  • Primary Bathrooms: Shower,Tile Floor,Double Vanity
  • PrimaryBedFeat: Wood Floor,Bath Adjoins,Walk-in Closet,Dressing Area,Fireplace
  • P R I M A R Y B E D R O O M: 16x15 Level: 2

Exterior Features

  • Fencing: Other, Metal
  • Roof: Tile
  • Construction: Brick
  • Outside Features: Enclosed Porch, Sprinklers
  • Foundation: Stone
  • Listing Price: 982000.00
  • Acres: 0.3480
  • New Construction: No
  • TopographyDetails: Level

Garage/Parking

  • Garage Spaces: 2.00
  • Garage Carport: Garage Detached,Rear
  • Parking: Driveway, On Street

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Fee Frequency: Other
  • HOA Yes/No: No
  • Association: Cincinnati Area Multiple Listing Service

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: 100x150
  • Lot Size Sq Ft: 15159.00
  • Total Assessed Value: pr
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2023
Sold by
Borchers Meredith Schiff and Borchers John
Bought by
Schrand Jeff and Schrand Karri
Current Estimated Value
$1,490,489

Purchase Details

Listed on
Oct 14, 2016
Closed on
Nov 15, 2016
Sold by
Wunsch Eric J and Wunsch Sara G W
Bought by
Borchers Meredith Schiff
Seller's Agent
Monika Deroussel
eXp Realty
Buyer's Agent
Maureen Pippin
Sibcy Cline, Inc.
List Price
$1,000,000
Sold Price
$975,000
Premium/Discount to List
-$25,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%

Purchase Details

Listed on
Nov 24, 2014
Closed on
Jul 7, 2015
Sold by
Waters Anne Boat
Bought by
Wunsch Eric J and Wunsch Sara G W
Seller's Agent
Kathleen Prangley
Coldwell Banker Realty
Buyer's Agent
Victoria Hall
Coldwell Banker Realty, Anders
List Price
$982,000
Sold Price
$982,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.49%
Original Mortgage
$785,600
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2011
Sold by
Katison Dana L
Bought by
Huey Eric A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$796,500
Interest Rate
3.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 6, 2005
Sold by
Kadison Dana and Kadison Dana L
Bought by
Kadison Dana L and The Dana L Kadison Revocable Trust

Purchase Details

Closed on
Dec 17, 2003
Sold by
Kinsley Janet B
Bought by
Kadison Dana

Purchase Details

Closed on
Aug 30, 2003
Sold by
Krajewski Scott and Tovar Nunez Claudia
Bought by
Kinsley Janet B

Purchase Details

Closed on
May 30, 2001
Sold by
Smith Hickenlooper and Smith Virginia H
Bought by
Krajewski Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.16%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $1,320,000 None Listed On Document
Warranty Deed $975,000 --
Warranty Deed -- Attorney
Fiduciary Deed $885,000 Attorney
Interfamily Deed Transfer -- None Available
Warranty Deed -- Superior Title Agency Inc
Warranty Deed $624,200 Superior Title Agency Inc
Warranty Deed $410,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Credit Line Revolving
Previous Owner $518,000 New Conventional
Previous Owner $550,000 New Conventional
Previous Owner $785,600 New Conventional
Previous Owner $796,500 Unknown
Previous Owner $600,000 Stand Alone First
Previous Owner $275,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2017 03/16/17 Off Market $975,000 -- --
12/16/2016 12/16/16 Sold $975,000 -2.5% $221 / Sq Ft
11/16/2016 11/16/16 Pending -- -- --
10/14/2016 10/14/16 For Sale $1,000,000 +1.8% $227 / Sq Ft
10/07/2015 10/07/15 Off Market $982,000 -- --
07/07/2015 07/07/15 Sold $982,000 0.0% $222 / Sq Ft
03/06/2015 03/06/15 Pending -- -- --
11/24/2014 11/24/14 For Sale $982,000 -- $222 / Sq Ft
Source: MLS of Greater Cincinnati (CincyMLS)

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 $22,565 $377,311 $135,713 $241,598
2023 $23,071 $377,311 $135,713 $241,598
2022 $26,965 $395,850 $99,064 $296,786
2021 $25,951 $395,850 $99,064 $296,786
2020 $26,709 $395,850 $99,064 $296,786
2019 $25,172 $341,250 $85,400 $255,850
2018 $25,211 $341,250 $85,400 $255,850
2017 $23,951 $341,250 $85,400 $255,850
2016 $22,057 $309,750 $73,535 $236,215
2015 $19,885 $309,750 $73,535 $236,215
2014 $20,027 $309,750 $73,535 $236,215
2013 $15,553 $236,272 $67,463 $168,809
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1428483

MLS of Greater Cincinnati (CincyMLS)

APN: 041-0004-0038