NOT LISTED FOR SALE

7002 Summit Ave Cincinnati, OH 45243

Estimated Value: $1,028,000 - $1,074,000

4 Beds
3.5 Baths
1,770 Sq Ft
$597/Sq Ft Est. Value

Last Sold January 24, 2018

Last sale price $618,900 $350 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $7,090/month

287 Days on Market

Highlights

  • New Construction
  • Gourmet Kitchen
  • Traditional Architecture
  • Madeira Elementary School Rated A
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of January 2018

The Vanderbilt by Hoffmaster Homes. Detailed craftsmanship throughout. If you are looking for that finely finished home, see ours & compare. Anderson windows, 5 burner gas range w/hood, covered back patio, 9' ceilings on 1st flr and lower level, coffered ceilings, mudrm w/cubbies, all bdrm walk-in closets, hdwd flrs 1st level. 5 min walk to uptown!

Last Agent to Sell the Property

Joe Linz

Sibcy Cline, Inc. License #0000308005 Listed on: 03/23/2017

Sibcy Cline, Inc.

Last Buyer's Agent

Karen Scherer

Coldwell Banker Realty License #0000426290

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Lot Details

  • Lot Dimensions are 50 x 140

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Home Design

  • New Construction
  • Traditional Architecture
  • Poured Concrete
  • Shingle Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • Crown Molding
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights
  • Gas Fireplace
  • Insulated Windows
  • Double Hung Windows
  • Bay Window
  • Wood Frame Window
  • Panel Doors
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Gourmet Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Covered Deck
  • Porch

Utilities

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

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Lot Details

0

Parking

2

Listing Details

  • Suburb: Madeira
  • Cross Street: Laurel
  • Degree Complete: Completed
  • Land Description: Less than .5 Acre
  • Broker Approved: Yes
  • Miscellaneous: Ceiling Fan,Recessed Lights,Smoke Alarm
  • Census Tract Realist: 241.00
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Suburb S I C: Madeira
  • Accessibility Features: No
  • Basement Features: Unfinished
  • Bathroom 4: Partial
  • Bathroom 4 Level: 1
  • Level 1 Bathroom Type: Partial
  • Level 1 Bathroom: No
  • Level 1 Bedroom: No
  • Dining Room Feat: Wood Floor
  • Entry Foyer: Closet,Open Foyer,Transom/Sidelit,Wood Floor
  • Living Great Rm Dim: 17 x 20
  • Living Room Feat: Fireplace,Wood Floor
  • Mechanical Systems: Garage Door Opener
  • Single Family Desc: Single Family
  • Study Lib Den: 10x15 Level: 1
  • Study Lib Den Dim: 10 x 15
  • Water Heating: Other
  • School 1 Type: District Phone
  • Architecture: Traditional
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms: 4
  • Directions: Euclid to Summit
  • Lot Measurement: Acres
  • Status: Sold
  • Showing Start Date: 2017-03-23
  • Property Subtype 1: Single Family Residence
  • Occupancy: At Closing
  • ResoPropertyType: Residential
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: 9Ft + Ceiling, Beam Ceiling, Crown Molding, Multi Panel Doors, Skylight, Vaulted Ceiling
  • Bedroom 2: 10x13 Level: 2
  • Bedroom 3: 11x13 Level: 2
  • Bedroom 4: 12x11 Level: 2
  • Dining Room: 11x13 Level: 1
  • Living Room: 17x20 Level: 1
  • Formal Dining Room: Yes
  • Property Type: Residential
  • Year Built Exception: New
  • Reciprocal Listing: No
  • School Name1: Call SD 513-985-6070
  • Semi Annual Taxes: TBD
  • Kitchen: 16x18 Level: 1
  • Appliances: Dishwasher, Garbage Disposal, Microwave, Oven/Range, Refrigerator
  • Kitchen Features: Gourmet,Island,Marble/Granite/Slate,Pantry,Wood Cabinets,Wood Floor
  • Basement: Full
  • Study Features: Wood Floor
  • Bathrooms: 4.00
  • Kitchen Dim: 16 x 18
  • Levels: Two
  • Zero Selling Price: No
  • Bathroom 1: Full
  • Bathroom 2: Full
  • Bathroom 2 Level: 2
  • Bathroom 3: Full
  • Bathroom 3 Level: 2
  • Laundry Room: 6x10 Level: 2
  • Laundryroom Dim: 6 x 10
  • Recreation Room Dim: 0 x 0
  • Fireplace: Gas
  • Fireplaces: 1
  • Available for Lease: No
  • Windows: Bay/Bow, Double Hung, Insulated, Wood
  • First Floor Family Room: Yes
  • PrimaryBedroomDim: 15 x 20
  • Primary Bathrooms: Double Vanity,Marb/Gran/Slate,Shower,Tile Floor
  • PrimaryBedFeat: Bath Adjoins,Walk-in Closet,WW Carpet
  • P R I M A R Y B E D R O O M: 15x20 Level: 2

Exterior Features

  • Roof: Shingle
  • Construction: Stone, Wood Siding
  • Outside Features: Covered Deck/Patio, Porch
  • Foundation: Poured
  • Listing Price: 629990.00
  • New Construction: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage Carport: Built in,Front,Garage Attached
  • Parking: Driveway

Utilities

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

Condo/Co-op/Association

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

Schools

  • District: Madeira City SD

Green Features

  • Energy Green Features: No

Lot Info

  • Lot Dimensions: 50 x 140
  • Total Assessed Value: of record
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Abatement: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2017
Closed on
Jan 24, 2018
Sold by
Hoffmaster Homes Llc
Bought by
Samu Sriram and Samu Latha
Seller's Agent
Joe Linz
Sibcy Cline, Inc.
Buyer's Agent
Karen Scherer
Coldwell Banker Realty
List Price
$629,990
Sold Price
$618,900
Premium/Discount to List
-$11,090
-1.76%
Current Estimated Value
$1,069,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$450,747
Avg. Annual Appreciation
7.00%
Original Mortgage
$495,120
Outstanding Balance
$418,794
Interest Rate
3.94%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$637,203
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Samu Sriram $618,900 Prominent Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Samu Sriram $495,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2018 04/25/18 Off Market $618,900 -- --
01/24/2018 01/24/18 Sold $618,900 -1.8% $350 / Sq Ft
01/04/2018 01/04/18 Pending -- -- --
03/23/2017 03/23/17 For Sale $629,990 -- $356 / 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 $17,569 $290,903 $39,382 $251,521
2023 $17,476 $290,903 $39,382 $251,521
2022 $16,837 $229,681 $27,570 $202,111
2021 $16,801 $229,681 $27,570 $202,111
2020 $15,214 $229,681 $27,570 $202,111
2019 $16,569 $216,616 $24,616 $192,000
2018 $15,742 $0 $0 $0
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1530916

MLS of Greater Cincinnati (CincyMLS)

APN: 525-0003-0477