$190,000
SOLD OCT 3, 2024
-- Bed
-- Bath
2,129 Sq Ft
2,962 Sq Ft Lot

Recently Sold

$89 Per Sq Ft

49 Days on Market

About This Home

As of October 2024

Hard to find affordable duplex located in an ideal location between Cincinnati & Dayton! Two units. Each unit has 3 bedrooms and 1 full bathroom. Located in the heart of Middletown within walking distance of restaurants, shops, YMCA, Library and more! Tenants pay utilities. Currently occupied for desirable instant cashflow opportunity.

Last Agent to Sell the Property

Scott Wert

Comey & Shepherd License #2006004593 Listed on: 07/09/2024

Comey & Shepherd

Last Buyer's Agent

Sonika Sharma

3CRE Residential Advisors, LLC License #2024001951

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,842

Year Built

  • Built in 1900

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,129 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Basement Fills Entire Space Under The House

Utilities

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

Additional Features

  • Porch
  • 2,962 Sq Ft Lot

Community Details

  • Insurance Expense $956
  • Maintenance Expense $1,200
  • Other Expense $615
  • Gross Income $21,660
  • Net Operating Income $17,047

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,842

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Suburb: Middletown South
  • Broker Approved: Yes
  • Census Tract Realist: 144.00
  • Cooling: Central Air
  • Heating: Gas, Forced Air
  • Lot Area Realist: 2962.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00
  • Suburb S I C: Middletown South
  • Annual Assessment Amount: Of Rec
  • Price Per Acre: 2794117.65
  • Year Built: 1900
  • Separate Gas Elect: Yes
  • Directions: North on Verity Pkwy to East on First Ave
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 2
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Duplex
  • Occupancy: Negotiable
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Net Operating Income: 17047.00
  • Property Type: Residential Income
  • Heat Paid: Tenant
  • Reciprocal Listing: No
  • Semi Annual Taxes: 921
  • Water Paid: Tenant
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Bldg Sq Ft (Realist): 2129.00
  • Windows: Insulated
  • Three+ Bedroom Rent: 903.00
  • Three+ Bedroom Units: 2

Exterior Features

  • Roof: Shingle
  • Construction: Aluminum Siding, Vinyl Siding
  • Outside Features: Porch
  • Foundation: Poured
  • Listing Price: 189600.00
  • Acres: 0.0680
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking: Onstreet

Utilities

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

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 1200.00

Fee Information

  • Taxes: 1842

Schools

  • District: Middletown City SD

Lot Info

  • Lot Size Sq Ft: 2962.00

Multi Family

  • Gross Income: 21660.00
  • Other Expense: 615
  • Total Buildings: 1
  • Insurance: 956.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2024
Closed on
Sep 23, 2024
Sold by
Lianne Mclean Trust and Mclean Lianne
Bought by
Sharma Sonika
Seller's Agent
Scott Wert
Comey & Shepherd
Buyer's Agent
Sonika Sharma
3CRE Residential Advisors, LLC
List Price
$189,600
Sold Price
$190,000
Premium/Discount to List
$400
0.21%
Views
32
Current Estimated Value
$185,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,751
Avg. Annual Appreciation
-2.71%
Original Mortgage
$152,000
Outstanding Balance
$150,551
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving
Estimated Equity
$34,698

Purchase Details

Listed on
Apr 20, 2022
Closed on
Jun 9, 2022
Sold by
Bed And Breakfast Property Management In
Bought by
Lianne Mclean Living Trust
Seller's Agent
Paul Renwick
Renwick Realty LLC
Buyer's Agent
Not Member
NOTCINCYMEM
List Price
$175,400
Sold Price
$172,900
Premium/Discount to List
-$2,500
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.22%
Original Mortgage
$129,675
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 5, 2021
Closed on
Sep 28, 2021
Sold by
Campbell Louis J
Bought by
Bed And Breakfast Property Mgmt Inc
Seller's Agent
Johnny Hamilton
Huff Realty
Buyer's Agent
Michelle McBride
Glasshouse Realty Group
Sold Price
$50,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
447.16%
Original Mortgage
$77,000
Interest Rate
2.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 25, 2005
Sold by
Vonstein Jesse H
Bought by
Campbell Louis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 7, 2004
Sold by
Parsley Gregory A and Parsley Karen M
Bought by
Vonstein Jesse H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2003
Sold by
Rhea James E
Bought by
Oak Hill Banks

Purchase Details

Closed on
Jul 15, 1996
Sold by
Mokry Joseph
Bought by
Rhea James E and Esselman John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,900
Interest Rate
8.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 1994
Sold by
Patton Dora Tincher
Bought by
Mokry Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
8.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1989
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $190,000 Chicago Title
Warranty Deed $172,900 Kennedy & Kennedy Co Lpa
Warranty Deed $50,000 None Available
Warranty Deed $114,000 --
Warranty Deed $66,500 --
Sheriffs Deed $27,000 --
Deed $49,900 --
Deed $40,000 --
Deed $23,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $152,000 Credit Line Revolving
Previous Owner $129,675 New Conventional
Previous Owner $77,000 Unknown
Previous Owner $130,000 Future Advance Clause Open End Mortgage
Previous Owner $130,000 Unknown
Previous Owner $100,000 Purchase Money Mortgage
Previous Owner $647,000 Unknown
Previous Owner $39,900 New Conventional
Previous Owner $32,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2024 10/03/24 Sold $190,000 +0.2% $89 / Sq Ft
08/28/2024 08/28/24 Pending -- -- --
07/09/2024 07/09/24 For Sale $189,600 +9.7% $89 / Sq Ft
09/25/2022 09/25/22 Off Market $172,900 -- --
06/23/2022 06/23/22 Sold $172,900 -1.4% $81 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $175,400 +250.8% $82 / Sq Ft
12/27/2021 12/27/21 Off Market $50,000 -- --
09/28/2021 09/28/21 Sold $50,000 -13.6% $23 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
08/14/2021 08/14/21 For Sale -- -- --
08/12/2021 08/12/21 For Sale -- -- --
08/11/2021 08/11/21 For Sale -- -- --
08/10/2021 08/10/21 For Sale -- -- --
08/09/2021 08/09/21 For Sale $57,900 -- $27 / 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 $1,888 $33,550 $3,470 $30,080
2023 $1,841 $33,550 $3,470 $30,080
2022 $945 $14,610 $3,470 $11,140
2021 $912 $14,610 $3,470 $11,140
2020 $947 $14,610 $3,470 $11,140
2019 $1,150 $15,870 $3,470 $12,400
2018 $1,101 $15,870 $3,470 $12,400
2017 $1,030 $15,870 $3,470 $12,400
2016 $1,149 $15,870 $3,470 $12,400
2015 $1,060 $15,870 $3,470 $12,400
2014 $936 $15,870 $3,470 $12,400
2013 $936 $14,040 $3,470 $10,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1811054

MLS of Greater Cincinnati (CincyMLS)

APN: Q6532-003-000-033