The Cincinnati Enquirer from Cincinnati, Ohio on October 20, 1991 · Page 77
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October 20, 1991

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The Cincinnati Enquirer from Cincinnati, Ohio · Page 77

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Cincinnati, Ohio
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Sunday, October 20, 1991
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H-2 Home THE CINCINNATI ENQUIRER Sunday, October 20, 1 99 1 1 1 ''Jm u.n .mm.,. Factory-built homes cost far more than kit . 1 T T T use this list How to This table is a pr which were sold How to use this list auide to the nrirp ranne; nf hou;f; for more than $20,000 during a If 4J ::: I This table shows interest rates plus one-time tees on noma Ul i J mortgage loans available last week at selected mortgage 1 I -LwJLli lende,s ,n Greater Cincinnati. (Many lenders adjust their rates l w IMlMillillll1 in rnid-wesk.) Interes.t rates are for an 80 loan, which recent weeK in neignDornoods in bouthwest Ohio and Northern Kentucky. The first entry for each neighborhood is the high price; the second is the low. (One entry means only one sale was recorded that week.) Price in thousands is the recorded llpli ------- - requires a down Adjustable rates are based on a 30-year repayment schedule. Points, listed below the rates, are payments a lender requires to make a loan at a particular interest rate. Each point equals 1 of the total dollar amount of the loan. Symbols' in the list show additional charges some lenders assess, which may vary with the house cost: a is application fee: of is origination lee; op is out-of-pocket expenses; p is private mortgage insurance; t is title insurance; na shows that a lender does not make that type of loan. sale price in thousands of dollars with the zeros omitted. Bed is the number of bedrooms. Bath is the. number of baths, with full baths shown as the first number and half baths as the second. A dash means the information is unavailable. Letters, such as NC or SE, after Hamilton County neighborhoods locate them in the quadrants on the accompanying map. An asterisk (') indicates a neighborhood within the City of Cincinnati. In some instances, a street address is not available. Southeast Indiana data is not compiled. Don't forget to add the cost of shipping the package to your site. A rule of thumb here is about $2 per mile for each truck, and many homes require two truck loads. A good rule of thumb is that a finished ready-to-move-into house will cost you 2Vz to three times the cost of the basic package. Generally speaking, you will probably need two loans a construction loan and a home mortgage. The construction loan will provide the cash you need for the kit itself, site improvements and the other expenses you incur along the path from manufacturer's package to a complete home. Once the house is finished, the construction loan will be paid off and replaced by a long-term THE ASSOCIATED PRESS If you're considering buying a factory-built home, bear in mind that coming up with the cash for a manufactured house be it a log home, panelized house or modular structure can be far more complicated than getting a mortgage on a house you would buy through a real estate agent. Before you even begin talking to lenders, you should know that you will have to raise more cash than just the materials supplied in the manufacturer's kit. You've also got to finance what the factory doesn't provide such as plumbing, electricity, heating and cooling systems, interior details such as cabinets and improvements to the site (water well and septic system). For example, site preparation work can easily run $10,000 to $25,000. Average rate two weeks ago 7.18 8.59 8.64 8.99 Average rate past week 7.15 8.56 8.67 9.01 Type of mortgage 1-year ARM 3-year ARM 15-year fixed 30-year fixed Average Southwest Ohio rates calculated Quote Service O Hamilton . Fairfield O Butler Co Hamilton Co ' Call For Competitive Mortgage Rates! Fixed or Adjustable Rate Programs iW MkC Union Cincinnati j J Newport U V i Covington ! i. V ! Co ' CampbeFcoi Call Kristi Grooms, Jeff Dillman or Jim Large 247-0300 Jul u Savings JBank EQUAL MOUSING LENDER Lenders 1-year 3-year 15-year 30-year office telephone ARM ARM fixed fixed Cardinal State Bank 7.50 na 8.625 9 683-5822 2opt na 2opt 2opt Centennial Savings Bk 7.375 8.375 8.50 8.875 661-5997 2 2 2 2 Central Trust.No. Ky. 6.375 na 8.25 8.625 344-3731 1opt na 2Vaopt 2V4opt Clermont Savings Bank 7 9.50 8.25 8.625 528-6822 2'2opt 2'2opt 3opt 3opt Comey & Shepherd Mtg. 6.375 6.625 8.125 8.50 248-2777 2opt 2opt 2opt 2V2opt Dollar Federal Savings 7.25 9.125 8.75 9.125 868-7888 2op 2op 2op 2op Enterprise Fed. S&L 8.25 9 9 9.25 821-1297 2V2$300 212$300 22$300 2Vs$300 Fidelity Federal na 8.25 8.50 8.75 351-6666 na 2opt 2opt 2opt First Federal Mtg. 5.50 7.50 8 8.50 247-9991 3opt 214opt ' 3opt 2opt First Fed. S&L Cov. 6.50 8.25 8.50 9 341-1020 112op 1V2op 112op 112op First Financial Savings 7 7.75 8.50 8.875 321-3200 2'2$500 2V2$500 2'2$500 2V2 $500 First Ohio Savings 8.50 9.50 9.50 9.75 641-1700 2V2op 2V2op 2V2op 2'2op Ft. Thomas B&L 8.75 9.25 9.75 na 441-3302 2op 2op 2op na Guardian Savings Bank 7.875 9.125 8.25 8.625 923-4100 2op 2op 2opt 2opt Highland Federal S&L 6.75 8.75 8.50 9 561-0066 2V2op 2V2op 212op 2V2op Huntington Bank 6.75 8.875 8.375 8.625 791-2077 118opt 2opt 1V2opt 1opt Lambrecht Co. 6.50 na 8.375 8.75 489-2552 1'4opt na 1Vaopt ' 2opt Merchants Bk. & Trust na na 9.25 na 637-3232 na na 0opt na National Mortgage 6.25 na 7.75 8.25 563-6200 V2opt na 3opt 3opt National City Mortgage 5.875 8 8.25 8.625 381-5590 2'4opt 1opt 2V4opt 2Veopt N.Cinti Loan & Bldg. 8.10 8.25 8.60 8.70 791-4800 1op 1op 1op 1op Riverfront Financial 6.25 8.25 8.50 8.625 581-1900 . 2V2opt 22opt 1opt 2V2opt Seven Hills Savings 7.25 8.25 8.75 9 621-9143 1 1 2'2 2'2 Star Bk.,Butler Co. 7 7.375 8.25 8.75 867-5147 0op 2V2op 2V2op 212op Suburban Fed. S&L 7.25 8.375 9 9.125 489-4888 1op 1op 0op 0op Sibcy Cline Announces 1990 and 1991 Sales Leader of the Year JUDY RECKER Certified Residential Specialist COMPANY AND OFFICE AWARDS: Salesperson of the Year, 1990 and 1991 Among the Top 1 Producers City wide Kenwood Office Sales Leader for 1990, 1991 Kenwood Office Listing Leader for 1988 1st Quarter Sales Leader in 1986, 90, 91 2nd Quarter Sales Leader in 1990-91 3rd Quarter Sales Leader in 1990-91 4th Quarter Sales Leader in 1984, 88-89. 89-90 4th Quarter Listing Leader in 1983, 88-89 Sibcy Cline's Top Club, 1979-1991 XsJ aft i s 8040 Montgomery Road Cincinnati, Ohio 45236 793-2121 ' 793-2270 rill I REALTOES" payment of 20 of the sale price of a house. Average past week last year 8.53 9.71 9.94 10.19 Payment on $75,000 loan at current avg. $506,56 $579.88 $746.05 $604.01 by Cincinnati Board of Realtors Mortgage 9:45 a.m. in Covington. A tour of the Covington and Newport areas will include a view of the downtown area; Main Strasse; with its and the Mansion-Hill Gateway neighborhoods in Newport. The tour will include a continental breakfast at the museum. The tour costs $45 for members, $55 for non-members. Call 529-2232. 113 1 f: i mm k . .v ma (Ml BIB Q itl rinfii ml'-- to wife) Lebanon I 0 Mason j i j Warren Co .4t 949 Churchill Avenue $41 3 2:0 Western Hills CI 1007 Seibel Lane $74 2 600 Overlook Avenue $61 2 WestwoodEast Westwood CI' 2874 Werk Road $105 4 2435 Mustang Drive $32 2 1:0 1:0 2:0 1:0 Winton Place C2 4608 W Mitchell Avenue $34 2 1:0 Woodlawn NC 1O130 Ronnie Road $49 3 1:0 Wyoming C2 310 Chenora Court $315 4 1000 Springfield Pike $107 3 3:0 1:1 Area Price in thousands Bed Bath Fairfield City 71 Holliston Park Cir $126 2 2:1 1 594 Gelhot Drive $35 2 2:0 Fairfield Township 3900 Dust Commander Drive $146 4 3:0 1938 Allstatter Avenue $34 3 1:0 Hamilton 842 Elizabeth Drive $124 3 2:0 2448 Benninghofen Avenue $28 2 1:0 Hanover Township 370 Millville Oxford Rd $85 3 1:1 1021 San Angelo Drive $64 3 1:1 Middletown BreielBlvd $228 2 1:1 2214 Yankee Road $22 2 1:0 Oxford 701 Tollgate Drive $75 4 2:0 1003 Tollgate Drive $69 4 2:0 Union Township 7700 Cedar Creek Drive $160 4 3.0 7545 Knights Bridge $43 3 1:1 EZ Area Price in thousands Bed Bath Batavia Township 1822 Yellow Pine $111 4 2:1 3466 Virgina Avenue $47 3 1:0 Goshen Township 6675 Oakland Road $96 3 2:0 2187 St Rt 132 $34 2 1:0 Union Township 627 Quail Run Drive $155 4 2:1 7 Queens Creek $50 2 1:1 E Area Price In thousands Bed Bath Clearcreek Township 8296 Innsbrook Lane $295 4 1784 Lytle Five Points Road $87 3 2:0 Deerfield Township 3175 Chesnut Landing Drive $174 4 2:1 2033 Walnut Drive $23 3 1:0 Franklin City 45 Fitzgerald Way $66 3 1:0 22 W Fourth Street $31 3 1:0 Lebanon 154 W Concord Drive $170 4 2:1 107 Parkview Street $55 3 1:0 Mason 7155 Abilene Trail $118 4 2:1 1031 Stratford Place $69 3 1:1 E Area Price in thousands Bed Bath Burlington Area 3163 Millakm Place i" 5873 Green Acres Lane $37 - Florence 1533 Trophy Court $204 - 135 Raintree Drive $32 - Walton Area 1714 Hicks Pike S1'5 - 53 S Main Street $35 Area Price in thousands Bed Alexandria Area 5 Lake Park Drive $134 5995 Kramer Drive $55 Bellevue 517 0 Fallon Avenue $63 425 Clark Street $33 Dayton 865 Lincoln Road $89 620 Fourth Avenue $32 Fort Thomas 55 Orchard Hill Road $200 80 Crowell Avenue $42 Highland HeightsCold Springs 730 Johns Hill Road $102 3 Highland Meadows Dr $55 NewportSouthgati 4 Overview Court $152 435 W Uth Street $22 Bath 2:0 1:0 1:0 1:0 2:0 1:0 1:0 1:0 Area Price In thousands Bed Bath Covington 18 E 25th Street $52 - 1:0 1609 Maryland Avenue $29 - 1:0 ErlangirEismer 2641 Crescent Springs Road $311 1229 Central Row $46 '- Fort Mitchell 257 Watch Hill Road $218 1 267 Fowler Creek Road $36 CovingtonFt. MitchellFt. Wright 418 W Fifth Street $200 2:0 1249 Parkway $32 1:0 Latonia 3537 Saddlebrook Drive $136 1059 Robertson Road $27 Published rates may no longer be available because of changing market conditions. Publication is not an offer to make a loan at a particular rate. Enquirer research by Shirley Dees 1- Area Price in thousands Bed Bath Anderson Township SE 8016 Batavia Road $1,075 2 7023 Beechmont Avenue $40 2 Avondale C2 12 Kessler Avenue $54 2 551 Maple Avenue $31 2 Blue Ash NE 11154 Jardin Place $129 3 9931 Timbers Drive $82 2 Carthage C2 31EGalbraithRoad $114 4 6610 Fairpark Avenue $38 2 Cheviot CI 3395 Mayfair Avenue $70 3 3844 Trevor Avenue $46 2 Clifton C2 814 Dunmore Road $225 3 252 Ehrman Avenue $49 5 Colerain Township NC 5734 Dunlap Road $145 3 7210 Creekview Drive $46 2 College Hill C2' 6604 Montevista Drive $83 3 6681 Daly Road $33 3 Columbia Township SE 7880 Ashley View Drive $273 4 6925 Grace Avenue $45 2 Corryville C2 281 1 Glendora Avenue $58 2 2925 Bellevue Avenue $40 3 Cumminsville CI 4200 Cherry Street $58 4 3826 Llewellyn Avenue $26 3 Deer Park SE 4307 Redmont Road $60 3 4347 Schenck Avenue $48 2 Delhi Township SW 723 Neeb Road $94 5 552 Orchardview Place $6 1 3 Forest Park NC 1093 Waycross Road $99 4 791 W Kemper Road $61 3 Green Township CI 5246Cleves Warsaw Pike $182 4 3156 Timberview Drive $37 3 Greenhills NC 42 Junefield Avenue..... $82 3 2 Bradnor Place $67 4 Harrison NW 206 Circle Drive ...$75 3 308 Whitewater Drive $54 3 Hyde ParkMount Lookout C2 1346 Park Ridge Place $250 4 2338 Dana Avenue $99 3 Indian Hill SE 6080 Red Bird Hollow $772 6 7310 Graves Road $269 3 Loveland NE 125 Lakeview Court $228 3 1837 Lindenhall Drive $108 4 Madisonville SE 4515 Homer Avenue $55 3 6740 Hurd Avenue $21 3 Miami Township SW 4380 Zion Road $117 3 9588 Mt Nebo Road $59 3 Montgomery NE 7855 Ivygate Lane $360 4 10583 Cinderella Drive $80 3 2:1 Mount Airy CI 2733 Westonridge Drive $138 4 2:0 Mount Healthy NC 7405 Harrison Avenue $68 7425 Phoenix Avenue $50 Mount Washington SE 1229 Deliquia Drive...'. $78 1507 Sutton Avenue $50 North College Hill NC 1494 Southridge Lane $68 6821 Simpson Avenue 12 $37 Norwood C2 3935 S Madison Avenue $69 2021 Wayland Avenue $25 Oakley C2 3750 Andrew Avenue $90 2809 Robertson Avenue $35 2:0 1:0 1:1 1:0 2:0 1:1 1:0 2:0 1:0 1:0 1:0 1:0 2:0 3:1 2:0 1:0 1:0 2:0 Pleasant RidgeKennedy Heights SE 3006 Gloss Avenue $86 3 5507 Milan Avenue $47 4 Price Hill CI 922 Fairbanks Avenue $36 826 McPherson Avenue $23 Reading NE 2540 SKathwood Circle $90 234 McGuire Lane $39 Rostlawn C2 1834 Garden Lane $62 1749 Lawn Avenue $35 Saylor Park SW' 174 Twain Avenue $82 7227 Fernbank Avenue $40 South Fairmount CI' 1419Corvallis Avenue $64 2620 Halstead $23 Springdale NC 849 Clearfield Lane $83 11762 Van Cleve Avenue $65 Springfield Township NC 939 Spruceglen Drive $122 1879 Lotus Hill Drive $37 St. Bernard C2 103 Bank Avenue $83 224 Bank Avenue $50 Sycamore Township SE 7501 Glenover Drive $150 4554 Sycamore Road $71 Symmts Township NE 11271 Terwilligers Valley Ln $339 9978 Washington Street $175 Terrace Park SE 718 Miami Avenue $162 210 Harvard Avenue $124 1:1 2:0 1:0 3:0 2:0 1:1 2:0 1:0 2:1 2:0 2:0 1:0 Walnut Hills C2' 1529 Manss Avenue 50 2 1:0 Source: Amerestate research of public records ix"! J I ' Boone Co j Kenton Florence 9 Miami U. plans Kentucky tour No Points Mortgages are excellent 15-year financing opportunities at First Financial. All you pay is the application tee and out-of-pocket expenses. That's it and we'll pay the points. Because affording the home of your dreams is the only point. Call one of our loan officers today for rates and details. Offer is for a limited time and is available on 30-year loans. THE CINCINNATI ENQUIRER An architectural tour of private homes that are not open to the public will be Oct. 26 in Covington and Newport. The tour, planned by the Miami University Art Museum, will highlight historic mansions, 19th-century restored neighborhoods and churches. The bus will arrive at H ST Financial SAVINGS CHERRY GROVE OAKLEY 8533 Beechmont Ave. 3133 Madison 474-4200 321-3200 1991 Firsi Financial Savings t5j ELMW00D PLACE M0NF0RT HEIGHTS Rd. 6305 Vine St. 5381 N. Bend Rd. 242-0372 661-8838 Concord Crossing Mason Homes horn $105,400 Fixed Rates As Low As 7 Interest Rates May never Be Lower! Fairways of Wildwood fairfield Honrs Imm $12000 r ... 4 mm III f ? ANNANDALE 1-275 5 j J Of I MASON . N TYLERSVILLE RO. ! I ..Hi Maplcwood Anderson Near Hnmrs from $112,200 iTitwui lmmmmiim 1 wn I HAMBLIN 15 BEECHMONT AVE. IflT 1?5 Glenn Moor West Chester ffnmt fmm SI.K.MO Ashwood Loveland Homes from IIW.AOf) Village Wood Sharonville nmra Inm $IMx200 FIELDS-ERTEL e d FIELDS-ERTEL A! LU A z illRk. 1-275 bl Why wait? Chanres are that high interest rates have kept you from getting your foot In the door of your new home. 7 Financing from Williamsburg makes it so easy for you to qualify. You'll have low monthly payments, and the home of your dreams. Williamsburg offers The Manchester, everything you've ever dreamed of In your new home. Every Williamsburg home features Ix'auliful architecture inside and out! Slate of the art quality features, attention to detail, prestigious locations, are exclusive with Williamsburg! Tour one of our beautifully appointed models today and our courteous sales representatives will show you TRADITIONS Adjustable Hates HAMILTON-MASON N tvi cdcuii 1 c nn 1-275 VI?' - WILLI IMMURti im mums, 1 vc. 683-3400 the Williamsburg difference! There will never be a better time! We're waiting with open doors. A.P.H. R.71.1 IS Ycr KIximI As Low as 5. They May Never He Lower!! Jo!U 1-275 AV?' llnlr Hulin-t To ('hii)(i' Uuyi-r Pay Out or I'm-M Km'iib', Tlllo liiiMiraniv. P.M.I., and IImiiiiiiI pin.

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