NOT LISTED FOR SALE

7016 Wallace Ave Cincinnati, OH 45243

Estimated Value: $428,739 - $491,000

3 Beds
2 Baths
1,852 Sq Ft
$249/Sq Ft Est. Value

Last Sold October 05, 2015

Last sale price $208,500 $113 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $2,938/month

6 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Main Floor Bedroom
  • Madeira Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of October 2015

Partially finished basement with walkout includes a 21x23 rec room and brand new full bath. Quiet street just 2 blocks from the heart of Madeira.

Last Agent to Sell the Property

Heather Garland

Plum Tree Realty License #2014004027 Listed on: 08/12/2015

Plum Tree Realty

Co-Listed By

Christopher Russell

Plum Tree Realty License #2011000478

Last Buyer's Agent

Ela Mildner-Shapiro

Sibcy Cline, Inc. License #2005006509

Sibcy Cline, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,255

Year Built

  • Built in 1928

Lot Details

  • 7,013 Sq Ft Lot
  • Lot Dimensions are 50x140

Parking

  • 2 Car Garage
  • Driveway
  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 1,852 Sq Ft Home
  • 2-Story Property
  • Chandelier
  • Wood Burning Fireplace
  • Wood Frame Window
  • Family Room with Fireplace
  • Formal Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Windows

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,255

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Suburb: Madeira
  • Degree Complete: Completed
  • Land Description: Less than .5 Acre
  • Broker Approved: Yes
  • Census Tract Realist: 241.00
  • Cooling: Central Air, Window Unit
  • Heating: Gas
  • Lot Area Realist: 7013.00
  • Suburb S I C: Madeira
  • Price Per Acre: 1295031.06
  • Basement Features: Part Finished
  • Level 1 Bathroom Type: Full
  • Level 1 Bathroom: Yes
  • Level 1 Bedroom: Yes
  • Dining Room Feat: WW Carpet,Chandelier
  • Entry Foyer: Carpet
  • Family Room Feat: WW Carpet,Fireplace
  • Living Great Rm Dim: 23 x 11
  • Living Room Feat: WW Carpet
  • Single Family Desc: Single Family
  • Study Lib Den Dim: 0 x 0
  • Year Built: 1928
  • School 1 Type: District Phone
  • Architecture: Cape Cod
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Directions: Euclid to South on Wallace Ave.
  • Lot Measurement: Acres
  • Status: Sold
  • Showing Start Date: 2015-08-12
  • Property Subtype 1: Single Family Residence
  • Occupancy: Negotiable
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedroom 2: 14x17 Level: 2
  • Bedroom 3: 14x17 Level: 2
  • Dining Room: 12x13 Level: 1
  • Living Room: 23x11 Level: 1
  • Recreation Room: 21x23 Level: Lower
  • Formal Dining Room: Yes
  • Property Type: Residential
  • Reciprocal Listing: No
  • School Name1: Call SD 513-985-6070
  • Semi Annual Taxes: 2127.73
  • Kitchen: 12x13 Level: 1
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Microwave
  • Kitchen Features: Wood Floor,Eat-In
  • Basement: Full
  • Bathrooms: 2.00
  • Kitchen Dim: 12 x 13
  • Levels: Two
  • Zero Selling Price: No
  • Bathroom 1: Full
  • Bathroom 2: Full
  • Bathroom 2 Level: Lower
  • Laundryroom Dim: 0 x 0
  • Recreation Room Dim: 21 x 23
  • Fireplace: Wood, Stove, Ceramic
  • Fireplaces: 1
  • Available for Lease: No
  • Bldg Sq Ft (Realist): 1852.00
  • Windows: Wood, Storm
  • First Floor Family Room: Yes
  • PrimaryBedroomDim: 10 x 13
  • Primary Bathrooms: Tub w/Shower
  • PrimaryBedFeat: WW Carpet
  • P R I M A R Y B E D R O O M: 10x13 Level: 1

Exterior Features

  • Roof: Shingle
  • Construction: Stucco, Vinyl Siding
  • Outside Features: Deck
  • Foundation: Block
  • Listing Price: 209900.00
  • Acres: 0.1610
  • New Construction: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage Carport: Garage Detached,Rear,Oversized
  • 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: Madeira City SD

Lot Info

  • Lot Dimensions: 50x140
  • Lot Size Sq Ft: 7013.00
  • Total Assessed Value: Of Record
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2015
Closed on
Oct 5, 2015
Sold by
Hamm Lori A
Bought by
Benetti Jonathan William and Benetti Amy Lynn
Seller's Agent
Heather Garland
Plum Tree Realty
Buyer's Agent
Ela Mildner-Shapiro
Sibcy Cline, Inc.
List Price
$209,900
Sold Price
$208,500
Premium/Discount to List
-$1,400
-0.67%
Current Estimated Value
$461,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,185
Avg. Annual Appreciation
8.06%
Original Mortgage
$188,910
Outstanding Balance
$148,430
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$313,255

Purchase Details

Closed on
Jun 20, 2008
Sold by
Gajjar Mayank J and Gajjar Rachna M
Bought by
Davis Joseph A and Davis Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
5.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 8, 2005
Sold by
Simonds Michael and Simonds Melissa A
Bought by
Gajjar Mayank J and Gajjar Rachna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 18, 2001
Sold by
Dennis Coyle Timothy and Lee Adonica Lee
Bought by
Simonds Michael and Simonds Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
6.88%
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
Benetti Jonathan William $209,900 Ltoc
Davis Joseph A -- Advanced Land Title Agency
Gajjar Mayank J $185,000 Classic Title Agency Llc
Simonds Michael $159,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benetti Jonathan William $188,910
Previous Owner Davis Joseph A $164,000
Previous Owner Gajjar Mayank J $185,000
Previous Owner Simonds Michael $138,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/05/2016 01/05/16 Off Market $208,500 -- --
10/05/2015 10/05/15 Sold $208,500 -0.7% $113 / Sq Ft
08/18/2015 08/18/15 Pending -- -- --
08/12/2015 08/12/15 For Sale $209,900 +19.9% $113 / Sq Ft
10/26/2014 10/26/14 Off Market $175,000 -- --
07/25/2014 07/25/14 Sold $175,000 -7.8% $94 / Sq Ft View Prior Sale
06/25/2014 06/25/14 Pending -- -- --
05/08/2014 05/08/14 For Sale $189,900 -- $103 / 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 $6,309 $110,037 $39,382 $70,655
2023 $6,391 $110,037 $39,382 $70,655
2022 $5,845 $82,282 $27,570 $54,712
2021 $5,722 $82,282 $27,570 $54,712
2020 $5,293 $82,282 $27,570 $54,712
2019 $5,122 $73,466 $24,616 $48,850
2018 $5,163 $73,466 $24,616 $48,850
2017 $4,897 $73,466 $24,616 $48,850
2016 $4,446 $62,860 $13,412 $49,448
2015 $4,113 $62,860 $13,412 $49,448
2014 $4,030 $61,250 $13,412 $47,838
2013 $4,249 $62,223 $12,306 $49,917
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1462227

MLS of Greater Cincinnati (CincyMLS)

APN: 525-0003-0085