NOT LISTED FOR SALE

7240 Rita Ln Cincinnati, OH 45243

Estimated Value: $791,000 - $1,075,000

4 Beds
3.5 Baths
1,258 Sq Ft
$762/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $688,900 $548 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $6,936/month

8 Days on Market

Highlights

  • New Construction
  • Eat-In Gourmet Kitchen
  • Wood Flooring
  • Madeira Elementary School Rated A
  • Traditional Architecture
  • Quartz Countertops

About This Home

As of July 2021

Under construction! Great value in Madeira with approx 3017sf! 4 large bedrooms with walk-in closets, luxury shower in owner's bath, large great room, gourmet kitchen with stainless appliances & vented hood, hardwood 1st floor, custom trim package, cubbies & more! Work with John Henry Homes and pick your perfect finishes now! Completion summer 2021.

Last Agent to Sell the Property

Michael Hines

Coldwell Banker Realty License #2007005727 Listed on: 01/05/2021

Coldwell Banker Realty

Co-Listed By

Robert Hines

Coldwell Banker Realty License #2016006238

Last Buyer's Agent

Christy Jones

eXp Realty License #0000444325

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,310

Lot Details

  • 8,364 Sq Ft Lot
  • Lot Dimensions are 60 x 140

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • New Construction
  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Gas Fireplace
  • Vinyl Clad Windows
  • Insulated Windows
  • Family Room with Fireplace
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Gourmet Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Utilities

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

Community Details

  • No Home Owners Association
  • Built by John Henry

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,310

Lot Details

0

Parking

2

Listing Details

  • Suburb: Madeira
  • Degree Complete: To be Built
  • Land Description: Less than .5 Acre
  • Access: City Street
  • Broker Approved: Yes
  • Miscellaneous: Recessed Lights,Smoke Alarm
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Property Ownership: Builder/Developer
  • Sub Lease Expiration Date: 1800-01-01T00:00:00-05:00
  • Suburb S I C: Madeira
  • Price Per Acre: 3588020.83
  • Basement Features: Unfinished
  • Bathroom 4: Partial
  • Bathroom 4 Level: 1
  • Level 1 Bathroom Type: Partial
  • Level 1 Bathroom: Yes
  • Level 1 Bedroom: No
  • Breakfast Room Area: 168
  • Homebuilder: John Henry
  • Entry Dim: 0 x 0
  • Entry Foyer: Wood Floor
  • Family Room Feat: Fireplace,Wood Floor
  • Living Great Rm Dim: 0 x 0
  • Single Family Desc: Single Family
  • Study Lib Den: 14x12 Level: 1
  • Study Lib Den Area: 168
  • Study Lib Den Dim: 14 x 12
  • Study Lib Den Len: 14
  • Water Heating: Other
  • Architecture: Traditional
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms: 4
  • Directions: Euclid Ave to Sanoma Ave. Left on Sanoma Drive. Right on Rita. Home on Right.
  • Lot Measurement: Acres
  • Status: Sold
  • Showing Start Date: 2021-01-05
  • Property Subtype 1: Single Family Residence
  • Occupancy: At Closing
  • On Market: No
  • Third Party Approval Required: No
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: 9Ft + Ceiling
  • Bedroom 2: 17x14 Level: 2
  • Bedroom 3: 17x12 Level: 2
  • Bedroom 4: 18x14 Level: 2
  • Breakfast Room: 14x12 Level: 1
  • Family Room: 20x17 Level: 1
  • Property Type: Residential
  • Year Built Exception: New
  • Bathrooms Display: 4 (3 1)
  • Reciprocal Listing: No
  • School Name1: Call SD 513-985-6070
  • Semi Annual Taxes: Of Record
  • Kitchen: 16x14 Level: 1
  • Appliances: Dishwasher, Microwave, Oven/Range, Refrigerator
  • Kitchen Features: Eat-In,Gourmet,Island,Pantry,Quartz Counters,Wood Floor
  • Bedroom 2 Area: 238
  • Basement: Full
  • Bedroom 3 Area: 204
  • Study Features: Wood Floor
  • Bedroom 4 Area: 252
  • Bathrooms: 4.00
  • Kitchen Area: 224
  • Kitchen Dim: 16 x 14
  • Levels: Two
  • 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
  • Family Room Area: 340
  • Laundry Room: 0x0 Level: 2
  • Laundryroom Dim: 0 x 0
  • Recreation Room Dim: 0 x 0
  • Fireplace: Gas
  • Fireplaces: 1
  • Available for Lease: No
  • Total Rooms: 8
  • Windows: Insulated, Vinyl
  • PrimaryBedroomArea: 300
  • PrimaryBedroomDim: 20 x 15
  • PrimaryBedroomLen: 20
  • Primary Bathrooms: Double Vanity,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: 20x15 Level: 2

Exterior Features

  • Roof: Shingle
  • Construction: Stone, Other
  • Foundation: Poured
  • Listing Price: 684900.00
  • Acres: 0.1920
  • New Construction: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage Carport: 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

Lot Info

  • Lot Dimensions: 60 X 140
  • Lot Size Sq Ft: 8364.00
  • Total Assessed Value: Of Record
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Abatement: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2021
Closed on
Jul 26, 2021
Sold by
John Henry Homes Inc
Bought by
Compton Lindsey and Compton William
Seller's Agent
Michael Hines
Coldwell Banker Realty
Buyer's Agent
Christy Jones
eXp Realty
List Price
$684,900
Sold Price
$688,900
Premium/Discount to List
$4,000
0.58%
Current Estimated Value
$1,033,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,883
Avg. Annual Appreciation
9.39%
Original Mortgage
$548,250
Outstanding Balance
$504,079
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$486,073

Purchase Details

Closed on
Oct 31, 2019
Sold by
Next Stage Holdings Llc
Bought by
John Henry Homes Inc

Purchase Details

Closed on
Oct 4, 2008
Sold by
Velzy David W and Freas Barbara J
Bought by
Next Stage Holdings Llc

Purchase Details

Closed on
Jun 28, 2001
Sold by
Smith Bruce E and Smith Marie Anne
Bought by
Velzy David W and Velzy Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 30, 1998
Sold by
Mccullough Robert T and Mccullough Gwen L
Bought by
Smith Bruce E and Smith Anne Marie

Purchase Details

Closed on
Dec 29, 1993
Sold by
Redmond Mark E and Redmond Jennifer H
Bought by
Mccullough Robert T and Mccullough Gwen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,600
Interest Rate
7.35%
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 Buyer Sale Price Title Company
Compton Lindsey $688,900 None Available
John Henry Homes Inc $175,000 None Available
Next Stage Holdings Llc -- None Available
Velzy David W $158,900 --
Smith Bruce E $135,000 --
Mccullough Robert T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Compton Lindsey $548,250
Previous Owner Velzy David W $99,514
Previous Owner Velzy David W $108,000
Previous Owner Smith Bruce E $64,675
Previous Owner Mccullough Robert T $92,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2021 07/26/21 Sold $688,900 +0.6% $548 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
01/05/2021 01/05/21 For Sale $684,900 -- $544 / 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 $15,310 $267,453 $58,482 $208,971
2023 $15,515 $267,453 $58,482 $208,971
2022 $17,109 $241,115 $61,250 $179,865
2021 $2,725 $37,167 $27,076 $10,091
2020 $2,468 $37,167 $27,076 $10,091
2019 $4,870 $67,435 $27,076 $40,359
2018 $4,906 $67,435 $27,076 $40,359
2017 $4,719 $67,435 $27,076 $40,359
2016 $4,300 $57,330 $14,763 $42,567
2015 $3,940 $57,330 $14,763 $42,567
2014 $3,956 $57,330 $14,763 $42,567
2013 $3,766 $52,598 $13,545 $39,053
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1686726

MLS of Greater Cincinnati (CincyMLS)

APN: 525-0001-0163