5508 Fair Ln Cincinnati, OH 45227
Estimated Value: $714,893
Studio
--
Bath
7,680
Sq Ft
$93/Sq Ft
Est. Value
About This Home
This home is located at 5508 Fair Ln, Cincinnati, OH 45227 and is currently estimated at $714,893, approximately $93 per square foot. 5508 Fair Ln is a home located in Hamilton County with nearby schools including Terrace Park Elementary School, Mariemont Elementary School, and Mariemont Junior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 2, 2023
Sold by
Bab Properties Llc
Bought by
5508 Fair Lane Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Outstanding Balance
$341,282
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$373,611
Purchase Details
Closed on
Aug 3, 2006
Sold by
Melink Properties Llc
Bought by
B A B Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.82%
Mortgage Type
Commercial
Purchase Details
Closed on
May 30, 2003
Sold by
Jlp Properties Inc
Bought by
Melink Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,600
Interest Rate
5.78%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 1, 1999
Sold by
Lowe Walter S and Lowe Shirley L
Bought by
Jlp Properties Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,500
Interest Rate
7.87%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 22, 1996
Sold by
Production Machine Tool Company
Bought by
Lowe Walter S and Lowe Shirley L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.07%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 5508 Fair Lane Llc | $550,000 | None Listed On Document | |
| B A B Properties Llc | $420,000 | Amerititle Agency Inc | |
| Melink Properties Llc | $382,000 | -- | |
| Jlp Properties Inc | $283,000 | -- | |
| Lowe Walter S | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 5508 Fair Lane Llc | $440,000 | |
| Previous Owner | B A B Properties Llc | $320,000 | |
| Previous Owner | Melink Properties Llc | $305,600 | |
| Previous Owner | Jlp Properties Inc | $141,500 | |
| Previous Owner | Lowe Walter S | $135,000 |
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 |
|---|---|---|---|---|
| 2025 | $16,080 | $192,500 | $23,772 | $168,728 |
| 2024 | $15,956 | $192,500 | $23,772 | $168,728 |
| 2023 | $15,910 | $192,500 | $23,772 | $168,728 |
| 2022 | $14,166 | $149,888 | $23,139 | $126,749 |
| 2021 | $13,819 | $149,888 | $23,139 | $126,749 |
| 2020 | $13,670 | $149,888 | $23,139 | $126,749 |
| 2019 | $13,303 | $132,643 | $20,475 | $112,168 |
| 2018 | $13,048 | $132,643 | $20,475 | $112,168 |
| 2017 | $12,686 | $132,643 | $20,475 | $112,168 |
| 2016 | $13,335 | $135,906 | $20,402 | $115,504 |
| 2015 | $12,143 | $135,906 | $20,402 | $115,504 |
| 2014 | $12,238 | $135,906 | $20,402 | $115,504 |
| 2013 | $13,047 | $144,579 | $21,704 | $122,875 |
Source: Public Records
Map
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